Studio · 534 sqftMadison Residences - Astor, Majan · 2nd floor · completed 2013

206, Madison Residences - Astor

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

Unit 206 · DLD and Ejari recordsUpdated 16 December 2025
Last soldAED 521K24 February 2014
Current rentAED 35K /yr16 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, Madison Residences - Astor

What is 206 worth today?

Last sold for AED 521,430 in 2014

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16 Dec 2025RentedRenewal
AED 35,000/yr12 months · AED 66 per sqft
16 Dec 2024RentedRenewal
AED 35,000/yr12 months · AED 66 per sqft
16 Dec 2023RentedNew contract
AED 35,000/yr12 months · AED 66 per sqft
1 Sep 2022RentedRenewal
AED 24,000/yr12 months · AED 45 per sqft
1 Sep 2021RentedNew contract
AED 20,000/yr12 months · AED 37 per sqft
1 May 2020RentedNew contract
AED 23,936/yr12 months · AED 44 per sqft
1 Jun 2019RentedNew contract
AED 28,000/yr12 months · AED 52 per sqft
7 Mar 2015RentedRenewal
AED 32,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 16 December 2025.

Key facts

Type
Studio apartment
Size
534 sqft
Floor
2nd of 3
Parking
G-46
Developer
DAMAC
Completed
2013
Service charge
AED 9,000 /yr
Last sold
AED 521K · February 2014

About 206, Madison Residences - Astor

206 is a studio of 534 sqft on the 2nd floor of Madison Residences - Astor, a 3-storey tower in Majan completed in 2013 by DAMAC. It last sold on 24 February 2014 for AED 521,430, or AED 975 per sqft, in line with the AED 974 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 16 December 2025, is AED 35,000 a year: a gross yield of 6.7% on the 2014 price, before the service charge of about AED 9,000 a year.

Sales and rents for 206 over time

Sales
Unit 206, 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, April 2013: AED 521,430 (AED 975 per sqft)Sold, February 2014: AED 521,430 (AED 975 per sqft)

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

Rents
Unit 206, 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, March 2014: AED 32,000 a yearRenewal, March 2015: AED 32,000 a yearNew contract, June 2019: AED 28,000 a yearNew contract, May 2020: AED 23,936 a yearNew contract, September 2021: AED 20,000 a yearRenewal, September 2022: AED 24,000 a yearNew contract, December 2023: AED 35,000 a yearRenewal, December 2024: AED 35,000 a yearRenewal, December 2025: AED 35,000 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 206 sits

All 98 studios →

206 last sold in February 2014 at AED 975 per sqft, in line with what studios in Madison Residences - Astor were fetching at the time (AED 974). 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. 206's AED 35,000 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
2012-bedAED 600K · Jul 2022
202StudioAED 492K · Mar 2014
203StudioAED 614K · Mar 2014
204StudioAED 370K · Mar 2024
205StudioAED 614K · Mar 2014
2071-bedAED 630K · Jul 2014
2081-bedAED 977K · Feb 2014
1–7 of 38

206, Madison Residences - Astor in numbers

  • Sold twice: first on 15 April 2013 for AED 521,430, last on 24 February 2014 for AED 521,430 (AED 975 per sqft).
  • Rented since March 2014 on 9 Ejari contracts. The rent fell from AED 32,000 to AED 20,000 in 2021 and recovered to AED 35,000 by December 2025.
  • At AED 35,000 a year the gross yield on the 2014 price is 6.7%, before a service charge of about AED 9,000 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 16 December 2025.

Questions about 206, Madison Residences - Astor

What did unit 206 last sell for?

AED 521,430 on 24 February 2014: AED 975 per sqft for 534 sqft. The unit has 2 registered sales; the first was AED 521,430 in April 2013.

What is the rent for unit 206?

AED 35,000 a year on the contract renewed on 16 December 2025. The previous contract, from December 2024, was AED 35,000; the unit has been rented since March 2014.

How big is unit 206?

534 sqft (49.6 sqm): a studio on the 2nd floor of a 3-storey tower completed in 2013.

What is unit 206 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 206, Madison Residences - Astor

Starts from the last sale price (AED 521K, 24 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 521,430
Deposit, UAE resident (20%)
AED 104,286
Deposit, non-resident (40%)
AED 208,572
Monthly over 25 years at 3.7%
AED 2,133

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