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

235, Madison Residences - Astor

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

Unit 235 · DLD and Ejari recordsUpdated 6 December 2025
Last soldAED 506K27 April 2014
Current rentAED 35K /yr6 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 235, Madison Residences - Astor

What is 235 worth today?

Last sold for AED 506,450 in 2014

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6 Dec 2025RentedRenewal
AED 34,500/yr12 months · AED 68 per sqft
7 Dec 2024RentedRenewal
AED 33,000/yr12 months · AED 65 per sqft
7 Dec 2023RentedNew contract
AED 31,000/yr12 months · AED 61 per sqft
23 Nov 2022RentedNew contract
AED 23,000/yr12 months · AED 45 per sqft
1 Nov 2021RentedRenewal
AED 19,000/yr12 months · AED 38 per sqft
1 Nov 2020RentedNew contract
AED 19,000/yr12 months · AED 38 per sqft
1 Jul 2018RentedNew contract
AED 32,000/yr12 months · AED 63 per sqft
5 Jun 2017RentedRenewal
AED 44,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 6 December 2025.

Key facts

Type
Studio apartment
Size
506 sqft
Floor
2nd of 3
Parking
P-26
Developer
DAMAC
Completed
2013
Service charge
AED 8,500 /yr
Last sold
AED 506K · April 2014

About 235, Madison Residences - Astor

235 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. The developer sold it on 27 April 2014 for AED 506,450, or AED 1,000 per sqft, 17% below the AED 1,200 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 6 December 2025, is AED 34,500 a year: a gross yield of 6.8% on the 2014 price, before the service charge of about AED 8,500 a year.

Sales and rents for 235 over time

Sales
Unit 235, 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 2014: AED 506,450 (AED 1,000 per sqft)

235 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 235, 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, June 2014: AED 44,000 a yearRenewal, June 2015: AED 44,000 a yearRenewal, June 2016: AED 44,000 a yearRenewal, June 2017: AED 44,000 a yearNew contract, July 2018: AED 32,000 a yearNew contract, November 2020: AED 19,000 a yearRenewal, November 2021: AED 19,000 a yearNew contract, November 2022: AED 23,000 a yearNew contract, December 2023: AED 31,000 a yearRenewal, December 2024: AED 33,000 a yearRenewal, December 2025: AED 34,500 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 235 sits

All 98 studios →

235 last sold in April 2014 at AED 1,000 per sqft, 17% below what studios in Madison Residences - Astor were fetching at the time (AED 1,200). 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. 235's AED 34,500 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
206StudioAED 521K · Feb 2014
2071-bedAED 630K · Jul 2014
1–7 of 38

235, Madison Residences - Astor in numbers

  • Sold once: by DAMAC on 27 April 2014 for AED 506,450, or AED 1,000 per sqft.
  • Rented since June 2014 on 11 Ejari contracts. The rent fell from AED 44,000 to AED 19,000 in 2021 and recovered to AED 34,500 by December 2025.
  • At AED 34,500 a year the gross yield on the 2014 price is 6.8%, 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 6 December 2025.

Questions about 235, Madison Residences - Astor

What did unit 235 last sell for?

AED 506,450 on 27 April 2014, sold by the developer: AED 1,000 per sqft for 506 sqft. It is the only registered sale of the unit.

What is the rent for unit 235?

AED 34,500 a year on the contract renewed on 6 December 2025. The previous contract, from December 2024, was AED 33,000; the unit has been rented since June 2014.

How big is unit 235?

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

What is unit 235 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 235, Madison Residences - Astor

Starts from the last sale price (AED 506K, 27 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 506,450
Deposit, UAE resident (20%)
AED 101,290
Deposit, non-resident (40%)
AED 202,580
Monthly over 25 years at 3.7%
AED 2,072

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