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

234, Madison Residences - Astor

Sold prices and rental history: sold 3 times, last in November 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 234 · DLD and Ejari recordsUpdated 20 November 2024
Last soldAED 463K20 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 234, Madison Residences - Astor

What is 234 worth today?

Last sold for AED 463,000 in 2024

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20 Nov 2024SoldReady
AED 463,000AED 914 per sqft
4 Jan 2023SoldReady
AED 300,000AED 592 per sqft
23 Jul 2014Sold by developerReady
AED 507,000AED 1,001 per sqft

Source: Dubai Land Department. Updated 20 November 2024.

Key facts

Type
Studio apartment
Size
506 sqft
Floor
2nd of 3
Parking
P-25
Developer
DAMAC
Completed
2013
Service charge
AED 8,500 /yr
Last sold
AED 463K · November 2024
Building
Madison Residences - Astor

About 234, Madison Residences - Astor

234 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 20 November 2024 for AED 463,000, or AED 914 per sqft, 23% above the AED 742 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 234 over time

Sales
Unit 234, 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 507,000 (AED 1,001 per sqft)Sold, January 2023: AED 300,000 (AED 592 per sqft)Sold, November 2024: AED 463,000 (AED 914 per sqft)

234 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 234, 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 234 sits

All 98 studios →

234 last sold in November 2024 at AED 914 per sqft, 23% above what studios in Madison Residences - Astor were fetching at the time (AED 742). 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

234, Madison Residences - Astor in numbers

  • Sold 3 times: first on 23 July 2014 for AED 507,000, last on 20 November 2024 for AED 463,000 (AED 914 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 20 November 2024.

Questions about 234, Madison Residences - Astor

What did unit 234 last sell for?

AED 463,000 on 20 November 2024: AED 914 per sqft for 506 sqft. The unit has 3 registered sales; the first was AED 507,000 in July 2014.

How big is unit 234?

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

What is unit 234 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 234, Madison Residences - Astor

Starts from the last sale price (AED 463K, 20 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 463,000
Deposit, UAE resident (20%)
AED 92,600
Deposit, non-resident (40%)
AED 185,200
Monthly over 25 years at 3.7%
AED 1,894

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