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Studio · 567 sqftMadison Residences - Astor, Majan · 1st floor · completed 2013

128, Madison Residences - Astor

Sold prices and rental history: sold once, by the developer in July 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 128 · DLD and Ejari recordsUpdated 25 April 2026
Last soldAED 567K23 July 2014
Current rentAED 40K /yr25 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 128, Madison Residences - Astor

What is 128 worth today?

Last sold for AED 566,830 in 2014

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25 Apr 2026RentedNew contract
AED 40,000/yr12 months · AED 71 per sqft
15 Apr 2025RentedRenewal
AED 36,600/yr12 months · AED 65 per sqft
15 Apr 2024RentedRenewal
AED 30,500/yr12 months · AED 54 per sqft
15 Apr 2023RentedNew contract
AED 29,000/yr12 months · AED 51 per sqft
3 Oct 2022RentedNew contract
AED 63,000/yr12 months · AED 111 per sqft
1 Oct 2022RentedNew contract
AED 25,000/yr12 months · AED 44 per sqft
15 Aug 2021RentedRenewal
AED 23,000/yr12 months · AED 40 per sqft
15 Aug 2020RentedRenewal
AED 25,000/yr12 months · AED 44 per sqft

Source: Dubai Land Department. Updated 25 April 2026.

Key facts

Type
Studio apartment
Size
567 sqft
Floor
1st of 3
Parking
G-29
Developer
DAMAC
Completed
2013
Service charge
AED 9,500 /yr
Last sold
AED 567K · July 2014
Building
Madison Residences - Astor

About 128, Madison Residences - Astor

128 is a studio of 567 sqft on the 1st floor of Madison Residences - Astor, a 3-storey tower in Majan completed in 2013 by DAMAC. The developer sold it on 23 July 2014 for AED 566,830, or AED 1,000 per sqft, 9% below the AED 1,100 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 11 Ejari contracts. The current contract, signed on 25 April 2026, is AED 40,000 a year: a gross yield of 7.1% on the 2014 price, before the service charge of about AED 9,500 a year.

Sales and rents for 128 over time

Sales
Unit 128, each saleTypical studio in Madison Residences - Astor
250K500K750K2009201420192024Typical sale price by year: 2009 AED 718,000; 2013 AED 493,735; 2014 AED 581,470; 2015 AED 556,500; 2016 AED 425,000; 2021 AED 230,000; 2023 AED 362,500; 2024 AED 414,360; 2025 AED 475,000; 2026 AED 435,000Sold by developer, July 2014: AED 566,830 (AED 1,000 per sqft)

128 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 128, each contractTypical studio in Madison Residences - Astor
20K40K60K2014201820222026Typical rent by year: 2014 AED 40,000; 2015 AED 42,000; 2016 AED 41,000; 2017 AED 38,750; 2018 AED 33,000; 2019 AED 28,000; 2020 AED 24,000; 2021 AED 21,000; 2022 AED 24,000; 2023 AED 28,800; 2024 AED 33,600; 2025 AED 36,500; 2026 AED 36,000New contract, July 2017: AED 38,000 a yearNew contract, August 2018: AED 32,000 a yearRenewal, August 2019: AED 30,000 a yearRenewal, August 2020: AED 25,000 a yearRenewal, August 2021: AED 23,000 a yearNew contract, October 2022: AED 63,000 a yearNew contract, October 2022: AED 25,000 a yearNew contract, April 2023: AED 29,000 a yearRenewal, April 2024: AED 30,500 a yearRenewal, April 2025: AED 36,600 a yearNew contract, April 2026: AED 40,000 a year

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

Studios in Madison Residences - Astor, and where 128 sits

All 98 studios →

128 last sold in July 2014 at AED 1,000 per sqft, 9% below what studios in Madison Residences - Astor were fetching at the time (AED 1,100). Over the last 12 months studios sold for AED 410,000 to 460,000, around AED 772 per sqft, and rent for AED 20,000 to 56,400 a year. 128's AED 40,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
20 Oct 2026410,000
15 Sep 2026420,000
7 Jul 2026454,915
30 Apr 2026417,571
8 studio 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

128, Madison Residences - Astor in numbers

  • Sold once: by DAMAC on 23 July 2014 for AED 566,830, or AED 1,000 per sqft.
  • Rented since July 2017 on 11 Ejari contracts. The rent fell from AED 38,000 to AED 23,000 in 2021 and recovered to AED 40,000 by April 2026.
  • At AED 40,000 a year the gross yield on the 2014 price is 7.1%, before a service charge of about AED 9,500 a year (AED 16.76 per sqft).
  • Studios in Madison Residences - Astor sold for AED 410,000–460,000 in the 12 months to November 2026; the building's median across all types is AED 772 per sqft.

Source: Dubai Land Department. Updated 25 April 2026.

Questions about 128, Madison Residences - Astor

What did unit 128 last sell for?

AED 566,830 on 23 July 2014, sold by the developer: AED 1,000 per sqft for 567 sqft. It is the only registered sale of the unit.

What is the rent for unit 128?

AED 40,000 a year on the contract signed on 25 April 2026. The previous contract, from April 2025, was AED 36,600; the unit has been rented since July 2017.

How big is unit 128?

567 sqft (52.7 sqm): a studio on the 1st floor of a 3-storey tower completed in 2013.

What is unit 128 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Madison Residences - Astor sold for AED 410,000 to 460,000 in the last 12 months, around AED 772 per sqft.

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Mortgage on 128, Madison Residences - Astor

Starts from the last sale price (AED 567K, 23 July 2014). Switch to today's estimate once you have unlocked it.
Price
AED 566,830
Deposit, UAE resident (20%)
AED 113,366
Deposit, non-resident (40%)
AED 226,732
Monthly over 25 years at 3.7%
AED 2,319

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