Studio · 596 sqftMadison Residences - Astor, Majan · 1st floor · completed 2013

131, Madison Residences - Astor

Sold prices and rental history: sold once, by the developer in May 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 131 · DLD and Ejari recordsUpdated 27 September 2026
Last soldAED 716K10 May 2015
Current rentAED 35K /yr27 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 131, Madison Residences - Astor

What is 131 worth today?

Last sold for AED 716,300 in 2015

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27 Sep 2026RentedRenewal
AED 34,650/yr12 months · AED 58 per sqft
27 Sep 2025RentedRenewal
AED 34,650/yr12 months · AED 58 per sqft
27 Sep 2024RentedRenewal
AED 34,650/yr12 months · AED 58 per sqft
27 Sep 2023RentedNew contract
AED 33,000/yr12 months · AED 55 per sqft
1 Feb 2023RentedRenewal
AED 25,300/yr12 months · AED 43 per sqft
1 Feb 2022RentedRenewal
AED 22,000/yr12 months · AED 37 per sqft
1 Feb 2021RentedRenewal
AED 20,000/yr12 months · AED 34 per sqft
1 Feb 2020RentedNew contract
AED 24,000/yr12 months · AED 41 per sqft

Source: Dubai Land Department. Updated 27 September 2026.

Key facts

Type
Studio apartment
Size
596 sqft
Floor
1st of 3
Parking
G-32
Developer
DAMAC
Completed
2013
Service charge
AED 10,000 /yr
Last sold
AED 716K · May 2015

About 131, Madison Residences - Astor

131 is a studio of 596 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 10 May 2015 for AED 716,300, or AED 1,201 per sqft, 20% above the AED 1,000 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, renewed on 27 September 2026, is AED 34,650 a year: a gross yield of 4.8% on the 2015 price, before the service charge of about AED 10,000 a year.

Sales and rents for 131 over time

Sales
Unit 131, 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, May 2015: AED 716,300 (AED 1,201 per sqft)

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

Rents
Unit 131, each contractTypical studio in Madison Residences - Astor
20K40K2014201820222026Typical 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, January 2016: AED 50,000 a yearNew contract, February 2020: AED 24,000 a yearRenewal, February 2021: AED 20,000 a yearRenewal, February 2022: AED 22,000 a yearRenewal, February 2023: AED 25,300 a yearNew contract, September 2023: AED 33,000 a yearRenewal, September 2024: AED 34,650 a yearRenewal, September 2025: AED 34,650 a yearRenewal, September 2026: AED 34,650 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 131 sits

All 98 studios →

131 last sold in May 2015 at AED 1,201 per sqft, 20% above what studios in Madison Residences - Astor were fetching at the time (AED 1,000). 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. 131's AED 34,650 is in the lower 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 →
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

131, Madison Residences - Astor in numbers

  • Sold once: by DAMAC on 10 May 2015 for AED 716,300, or AED 1,201 per sqft.
  • Rented since January 2016 on 9 Ejari contracts. The rent fell from AED 50,000 to AED 20,000 in 2021 and recovered to AED 34,650 by September 2026.
  • At AED 34,650 a year the gross yield on the 2015 price is 4.8%, before a service charge of about AED 10,000 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 27 September 2026.

Questions about 131, Madison Residences - Astor

What did unit 131 last sell for?

AED 716,300 on 10 May 2015, sold by the developer: AED 1,201 per sqft for 596 sqft. It is the only registered sale of the unit.

What is the rent for unit 131?

AED 34,650 a year on the contract renewed on 27 September 2026. The previous contract, from September 2025, was AED 34,650; the unit has been rented since January 2016.

How big is unit 131?

596 sqft (55.4 sqm): a studio on the 1st floor of a 3-storey tower completed in 2013.

What is unit 131 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 131, Madison Residences - Astor

Starts from the last sale price (AED 716K, 10 May 2015). Switch to today's estimate once you have unlocked it.
Price
AED 716,300
Deposit, UAE resident (20%)
AED 143,260
Deposit, non-resident (40%)
AED 286,520
Monthly over 25 years at 3.7%
AED 2,931

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