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

132, Madison Residences - Astor

Sold prices and rental history: sold twice, last in March 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 132 · DLD and Ejari recordsUpdated 1 May 2025
Last soldAED 510K16 March 2016
Current rentAED 33K /yr1 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 132, Madison Residences - Astor

What is 132 worth today?

Last sold for AED 510,000 in 2016

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1 May 2025RentedRenewal
AED 33,440/yr12 months · AED 56 per sqft
1 May 2025RentedRenewal
AED 33,440/yr12 months · AED 56 per sqft
1 May 2024RentedRenewal
AED 30,400/yr12 months · AED 51 per sqft
1 Nov 2023RentedRenewal
AED 26,400/yr6 months · AED 44 per sqft
1 Nov 2022RentedRenewal
AED 24,000/yr12 months · AED 40 per sqft
1 Nov 2021RentedRenewal
AED 20,000/yr12 months · AED 34 per sqft
1 Nov 2020RentedNew contract
AED 20,000/yr12 months · AED 34 per sqft
20 Sep 2019RentedNew contract
AED 25,000/yr12 months · AED 42 per sqft

Source: Dubai Land Department. Updated 1 May 2025.

Key facts

Type
Studio apartment
Size
596 sqft
Floor
1st of 3
Parking
G-33
Developer
DAMAC
Completed
2013
Service charge
AED 10,000 /yr
Last sold
AED 510K · March 2016

About 132, Madison Residences - Astor

132 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. It last sold on 16 March 2016 for AED 510,000, or AED 855 per sqft, 22% below the AED 1,099 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 1 May 2025, is AED 33,440 a year: a gross yield of 6.6% on the 2016 price, before the service charge of about AED 10,000 a year.

Sales and rents for 132 over time

Sales
Unit 132, 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 596,330 (AED 1,000 per sqft)Sold, March 2016: AED 510,000 (AED 855 per sqft)

132 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 132, each contractTypical studio in Madison Residences - Astor
20K30K40K2014201820222026Typical 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, September 2019: AED 25,000 a yearNew contract, November 2020: AED 20,000 a yearRenewal, November 2021: AED 20,000 a yearRenewal, November 2022: AED 24,000 a yearRenewal, November 2023: AED 26,400 a yearRenewal, May 2024: AED 30,400 a yearRenewal, May 2025: AED 33,440 a yearRenewal, May 2025: AED 33,440 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 132 sits

All 98 studios →

132 last sold in March 2016 at AED 855 per sqft, 22% below what studios in Madison Residences - Astor were fetching at the time (AED 1,099). 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. 132's AED 33,440 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

132, Madison Residences - Astor in numbers

  • Sold twice: first on 23 July 2014 for AED 596,330, last on 16 March 2016 for AED 510,000 (AED 855 per sqft).
  • Rented since September 2019 on 8 Ejari contracts. The rent fell from AED 25,000 to AED 20,000 in 2021 and recovered to AED 33,440 by May 2025.
  • At AED 33,440 a year the gross yield on the 2016 price is 6.6%, 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 1 May 2025.

Questions about 132, Madison Residences - Astor

What did unit 132 last sell for?

AED 510,000 on 16 March 2016: AED 855 per sqft for 596 sqft. The unit has 2 registered sales; the first was AED 596,330 in July 2014.

What is the rent for unit 132?

AED 33,440 a year on the contract renewed on 1 May 2025. The previous contract, from May 2025, was AED 33,440; the unit has been rented since September 2019.

How big is unit 132?

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

What is unit 132 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 132, Madison Residences - Astor

Starts from the last sale price (AED 510K, 16 March 2016). Switch to today's estimate once you have unlocked it.
Price
AED 510,000
Deposit, UAE resident (20%)
AED 102,000
Deposit, non-resident (40%)
AED 204,000
Monthly over 25 years at 3.7%
AED 2,087

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