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Studio · 507 sqftMadison Residences - Astor, Majan · 2nd floor · completed 2013

215, Madison Residences - Astor

Sold prices and rental history: sold 5 times, last in November 2025, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 215 · DLD and Ejari recordsUpdated 16 September 2026
Last soldAED 400K5 November 2025
Current rentAED 40K /yr16 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 215, Madison Residences - Astor

What is 215 worth today?

Last sold for AED 400,000 in 2025

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16 Sep 2026RentedNew contract
AED 40,000/yr12 months · AED 79 per sqft
5 Nov 2025SoldReady
AED 400,000AED 789 per sqft
20 Sep 2025RentedNew contract
AED 40,000/yr12 months · AED 79 per sqft
6 May 2025SoldReady
AED 470,000AED 927 per sqft
4 Nov 2024RentedNew contract
AED 40,000/yr12 months · AED 79 per sqft
21 Mar 2024SoldReady
AED 370,000AED 730 per sqft
1 Jun 2022RentedRenewal
AED 22,000/yr12 months · AED 43 per sqft
1 Jun 2021RentedNew contract
AED 19,000/yr12 months · AED 38 per sqft

Source: Dubai Land Department. Updated 16 September 2026.

Key facts

Type
Studio apartment
Size
507 sqft
Floor
2nd of 3
Parking
P-5
Developer
DAMAC
Completed
2013
Service charge
AED 8,500 /yr
Last sold
AED 400K · November 2025
Building
Madison Residences - Astor

About 215, Madison Residences - Astor

215 is a studio of 507 sqft on the 2nd floor of Madison Residences - Astor, a 3-storey tower in Majan completed in 2013 by DAMAC. It last sold on 5 November 2025 for AED 400,000, or AED 789 per sqft, 6% below the AED 841 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 16 September 2026, is AED 40,000 a year: a gross yield of 10.0% on the 2025 price, before the service charge of about AED 8,500 a year.

Sales and rents for 215 over time

Sales
Unit 215, 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 493,735 (AED 974 per sqft)Sold, February 2014: AED 493,735 (AED 974 per sqft)Sold, March 2024: AED 370,000 (AED 730 per sqft)Sold, May 2025: AED 470,000 (AED 927 per sqft)Sold, November 2025: AED 400,000 (AED 789 per sqft)

215 has sold 5 times; the dashed line is the studio median of each year in the building.

Rents
Unit 215, 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, August 2017: AED 39,000 a yearNew contract, October 2018: AED 33,000 a yearRenewal, October 2019: AED 26,000 a yearNew contract, June 2021: AED 19,000 a yearRenewal, June 2022: AED 22,000 a yearNew contract, November 2024: AED 40,000 a yearNew contract, September 2025: AED 40,000 a yearNew contract, September 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 215 sits

All 98 studios →

215 last sold in November 2025 at AED 789 per sqft, 6% below what studios in Madison Residences - Astor were fetching at the time (AED 841). 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. 215'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 2nd floor

All 116 units in Madison Residences - Astor
Value
2012-bedAED 600K · Jul 2022
202StudioAED 492K · Mar 2014
203StudioAED 614K · Mar 2014
204StudioAED 370K · Mar 2024
205StudioAED 614K · Mar 2014
206StudioAED 521K · Feb 2014
2071-bedAED 630K · Jul 2014
1–7 of 38

215, Madison Residences - Astor in numbers

  • Sold 5 times: first on 15 April 2013 for AED 493,735, last on 5 November 2025 for AED 400,000 (AED 789 per sqft).
  • Rented since August 2017 on 8 Ejari contracts. The rent fell from AED 39,000 to AED 19,000 in 2021 and recovered to AED 40,000 by September 2026.
  • At AED 40,000 a year the gross yield on the 2025 price is 10.0%, before a service charge of about AED 8,500 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 16 September 2026.

Questions about 215, Madison Residences - Astor

What did unit 215 last sell for?

AED 400,000 on 5 November 2025: AED 789 per sqft for 507 sqft. The unit has 5 registered sales; the first was AED 493,735 in April 2013.

What is the rent for unit 215?

AED 40,000 a year on the contract signed on 16 September 2026. The previous contract, from September 2025, was AED 40,000; the unit has been rented since August 2017.

How big is unit 215?

507 sqft (47.1 sqm): a studio on the 2nd floor of a 3-storey tower completed in 2013.

What is unit 215 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 215, Madison Residences - Astor

Starts from the last sale price (AED 400K, 5 November 2025). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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