Studio · 520 sqftMadison Residences - Astor, Majan · 2nd floor · completed 2013

237, Madison Residences - Astor

Sold prices and rental history: sold once, by the developer in December 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 237 · DLD and Ejari recordsUpdated 19 September 2026
Last soldAED 468K17 December 2014
Current rentAED 32K /yr19 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 237, Madison Residences - Astor

What is 237 worth today?

Last sold for AED 468,000 in 2014

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19 Sep 2026RentedRenewal
AED 32,077/yr12 months · AED 62 per sqft
19 Sep 2025RentedRenewal
AED 32,077/yr12 months · AED 62 per sqft
19 Sep 2024RentedRenewal
AED 30,550/yr12 months · AED 59 per sqft
19 Sep 2023RentedRenewal
AED 26,565/yr12 months · AED 51 per sqft
19 Sep 2022RentedRenewal
AED 24,150/yr12 months · AED 46 per sqft
19 Sep 2021RentedRenewal
AED 21,000/yr12 months · AED 40 per sqft
19 Sep 2020RentedRenewal
AED 21,000/yr12 months · AED 40 per sqft
19 Sep 2019RentedRenewal
AED 28,000/yr12 months · AED 54 per sqft

Source: Dubai Land Department. Updated 19 September 2026.

Key facts

Type
Studio apartment
Size
520 sqft
Floor
2nd of 3
Parking
P-28
Developer
DAMAC
Completed
2013
Service charge
AED 8,700 /yr
Last sold
AED 468K · December 2014

About 237, Madison Residences - Astor

237 is a studio of 520 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 17 December 2014 for AED 468,000, or AED 900 per sqft, 18% below the AED 1,100 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, renewed on 19 September 2026, is AED 32,077 a year: a gross yield of 6.9% on the 2014 price, before the service charge of about AED 8,700 a year.

Sales and rents for 237 over time

Sales
Unit 237, 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, December 2014: AED 468,000 (AED 900 per sqft)

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

Rents
Unit 237, 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, September 2018: AED 30,000 a yearRenewal, September 2019: AED 28,000 a yearRenewal, September 2020: AED 21,000 a yearRenewal, September 2021: AED 21,000 a yearRenewal, September 2022: AED 24,150 a yearRenewal, September 2023: AED 26,565 a yearRenewal, September 2024: AED 30,550 a yearRenewal, September 2025: AED 32,077 a yearRenewal, September 2026: AED 32,077 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 237 sits

All 98 studios →

237 last sold in December 2014 at AED 900 per sqft, 18% below what studios in Madison Residences - Astor were fetching at the time (AED 1,100). 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. 237's AED 32,077 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

237, Madison Residences - Astor in numbers

  • Sold once: by DAMAC on 17 December 2014 for AED 468,000, or AED 900 per sqft.
  • Rented since September 2018 on 9 Ejari contracts. The rent fell from AED 30,000 to AED 21,000 in 2021 and recovered to AED 32,077 by September 2026.
  • At AED 32,077 a year the gross yield on the 2014 price is 6.9%, before a service charge of about AED 8,700 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 19 September 2026.

Questions about 237, Madison Residences - Astor

What did unit 237 last sell for?

AED 468,000 on 17 December 2014, sold by the developer: AED 900 per sqft for 520 sqft. It is the only registered sale of the unit.

What is the rent for unit 237?

AED 32,077 a year on the contract renewed on 19 September 2026. The previous contract, from September 2025, was AED 32,077; the unit has been rented since September 2018.

How big is unit 237?

520 sqft (48.3 sqm): a studio on the 2nd floor of a 3-storey tower completed in 2013.

What is unit 237 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 237, Madison Residences - Astor

Starts from the last sale price (AED 468K, 17 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 468,000
Deposit, UAE resident (20%)
AED 93,600
Deposit, non-resident (40%)
AED 187,200
Monthly over 25 years at 3.7%
AED 1,915

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