Home
Dubai prices
About
Research
1-bed · 898 sqftMadison Residences - Astor, Majan · 1st floor · completed 2013

121, Madison Residences - Astor

Sold prices and rental history: sold 3 times, last in July 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 121 · DLD and Ejari recordsUpdated 1 June 2022
Last soldAED 1.08M17 July 2014
Current rentAED 30K /yr1 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 121

Property timeline for 121, Madison Residences - Astor

What is 121 worth today?

Last sold for AED 1,076,000 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Jun 2022RentedNew contract
AED 30,000/yr12 months · AED 33 per sqft
15 May 2020RentedNew contract
AED 29,000/yr12 months · AED 32 per sqft
25 Nov 2018RentedNew contract
AED 44,000/yr12 months · AED 49 per sqft
2 May 2017RentedNew contract
AED 55,000/yr12 months · AED 62 per sqft
2 May 2015RentedNew contract
AED 59,000/yr12 months · AED 66 per sqft
17 Jul 2014SoldReady
AED 1,076,000AED 1,198 per sqft
16 Jun 2014SoldReady
AED 1,076,000AED 1,198 per sqft
7 Jul 2009Sold by developerOff-plan
AED 1,076,000AED 1,198 per sqft

Source: Dubai Land Department. Updated 1 June 2022.

Key facts

Type
1-bed apartment
Size
898 sqft
Floor
1st of 3
Parking
G-22
Developer
DAMAC
Completed
2013
Service charge
AED 15,000 /yr
Last sold
AED 1.08M · July 2014
Building
Madison Residences - Astor

About 121, Madison Residences - Astor

121 is a one-bedroom apartment of 898 sqft on the 1st floor of Madison Residences - Astor, a 3-storey tower in Majan completed in 2013 by DAMAC. It last sold on 17 July 2014 for AED 1,076,000, or AED 1,198 per sqft, 21% above the AED 988 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 1 June 2022, is AED 30,000 a year: a gross yield of 2.8% on the 2014 price, before the service charge of about AED 15,000 a year.

Sales and rents for 121 over time

Sales
Unit 121, each saleTypical one-bed in Madison Residences - Astor
500K750K1M2009201320172021Typical sale price by year: 2013 AED 642,585; 2014 AED 730,550; 2023 AED 530,000Sold by developer, July 2009: AED 1,076,000 (AED 1,198 per sqft)Sold, June 2014: AED 1,076,000 (AED 1,198 per sqft)Sold, July 2014: AED 1,076,000 (AED 1,198 per sqft)

121 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 121, each contractTypical one-bed in Madison Residences - Astor
40K60K20152018202120242027Typical rent by year: 2015 AED 59,000; 2016 AED 59,669; 2017 AED 55,074; 2018 AED 44,000; 2019 AED 34,000; 2020 AED 27,750; 2021 AED 31,500; 2022 AED 30,000; 2023 AED 39,000; 2024 AED 46,200; 2025 AED 43,100; 2026 AED 44,100New contract, May 2015: AED 59,000 a yearNew contract, May 2017: AED 55,000 a yearNew contract, November 2018: AED 44,000 a yearNew contract, May 2020: AED 29,000 a yearNew contract, June 2022: AED 30,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Madison Residences - Astor, and where 121 sits

All 15 1-beds →

121 last sold in July 2014 at AED 1,198 per sqft, 21% above what one-beds in Madison Residences - Astor were fetching at the time (AED 988). 121's AED 30,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
7 Nov 20241,000,000
24 Jan 2024780,000
10 Nov 2023530,000
4 Oct 2023655,000
0 1-bed sales in the last 12 months

Madison Residences - Astor

Building

116 apartments, studios to 2-bed over 3 floors in Majan, completed in 2013 by DAMAC. 8 sold in the last 12 months.

Typical price per sqft
AED 772
Typical sale
AED 430K
Typical rent
AED 38K /yr
Typical yield
8.9%
Madison Residences - Astor, Majan: prices, sales and rents →

Other units on the 1st floor

All 116 units in Madison Residences - Astor
Value
1012-bedAED 780K · Apr 2024
102StudioAED 450K · May 2024
103StudioAED 410K · Oct 2026
104StudioAED 510K · Oct 2025
105StudioAED 683K · Mar 2014
106StudioAED 832K · Mar 2014
1071-bedAED 739K · Feb 2014
1–7 of 38

121, Madison Residences - Astor in numbers

  • Sold 3 times: first on 7 July 2009 for AED 1,076,000, last on 17 July 2014 for AED 1,076,000 (AED 1,198 per sqft).
  • Rented since May 2015 on 5 Ejari contracts, from AED 59,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2014 price is 2.8%, before a service charge of about AED 15,000 a year (AED 16.76 per sqft).

Source: Dubai Land Department. Updated 1 June 2022.

Questions about 121, Madison Residences - Astor

What did unit 121 last sell for?

AED 1,076,000 on 17 July 2014: AED 1,198 per sqft for 898 sqft. The unit has 3 registered sales; the first was AED 1,076,000 in July 2009.

What is the rent for unit 121?

AED 30,000 a year on the contract signed on 1 June 2022. The previous contract, from May 2020, was AED 29,000; the unit has been rented since May 2015.

How big is unit 121?

898 sqft (83.4 sqm): a one-bedroom apartment on the 1st floor of a 3-storey tower completed in 2013.

What is unit 121 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 121? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 121, Madison Residences - Astor

Starts from the last sale price (AED 1.08M, 17 July 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,076,000
Deposit, UAE resident (20%)
AED 215,200
Deposit, non-resident (40%)
AED 430,400
Monthly over 25 years at 3.7%
AED 4,402

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →