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Studio · 506 sqftMadison Residences - Astor, Majan · 2nd floor · completed 2013

223, Madison Residences - Astor

Sold prices and rental history: sold twice, last in June 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 223 · DLD and Ejari recordsUpdated 9 June 2015
Last soldAED 505K9 June 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 223, Madison Residences - Astor

What is 223 worth today?

Last sold for AED 505,000 in 2015

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9 Jun 2015SoldReady
AED 505,000AED 997 per sqft
25 Nov 2013Sold by developerOff-plan
AED 456,300AED 900 per sqft

Source: Dubai Land Department. Updated 9 June 2015.

Key facts

Type
Studio apartment
Size
506 sqft
Floor
2nd of 3
Parking
P-13
Developer
DAMAC
Completed
2013
Service charge
AED 8,500 /yr
Last sold
AED 505K · June 2015
Building
Madison Residences - Astor

About 223, Madison Residences - Astor

223 is a studio of 506 sqft on the 2nd floor of Madison Residences - Astor, a 3-storey tower in Majan completed in 2013 by DAMAC. It last sold on 9 June 2015 for AED 505,000, or AED 997 per sqft, in line with the AED 1,000 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 223 over time

Sales
Unit 223, 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, November 2013: AED 456,300 (AED 900 per sqft)Sold, June 2015: AED 505,000 (AED 997 per sqft)

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

Rents
Unit 223, 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 36,000

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 223 sits

All 98 studios →

223 last sold in June 2015 at AED 997 per sqft, in line with 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.

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

223, Madison Residences - Astor in numbers

  • Sold twice: first on 25 November 2013 for AED 456,300, last on 9 June 2015 for AED 505,000 (AED 997 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 9 June 2015.

Questions about 223, Madison Residences - Astor

What did unit 223 last sell for?

AED 505,000 on 9 June 2015: AED 997 per sqft for 506 sqft. The unit has 2 registered sales; the first was AED 456,300 in November 2013.

How big is unit 223?

506 sqft (47.0 sqm): a studio on the 2nd floor of a 3-storey tower completed in 2013.

What is unit 223 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 223, Madison Residences - Astor

Starts from the last sale price (AED 505K, 9 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 505,000
Deposit, UAE resident (20%)
AED 101,000
Deposit, non-resident (40%)
AED 202,000
Monthly over 25 years at 3.7%
AED 2,066

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