238, Madison Residences - Astor
Sold prices and rental history: sold once, by the developer in February 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 238, Madison Residences - Astor
What is 238 worth today?
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Source: Dubai Land Department. Updated 1 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 452 sqft
- Floor
- 2nd of 3
- Parking
- P-29
- Developer
- DAMAC
- Completed
- 2013
- Service charge
- AED 7,600 /yr
- Last sold
- AED 407K · February 2015
- Building
- Madison Residences - Astor
About 238, Madison Residences - Astor
238 is a studio of 452 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 1 February 2015 for AED 406,800, 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 2015 on 9 Ejari contracts. The current contract, signed on 1 September 2026, is AED 32,000 a year: a gross yield of 7.9% on the 2015 price, before the service charge of about AED 7,600 a year.
Sales and rents for 238 over time
238 has sold once; the dashed line is the studio median of each year in the building.
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 238 sits
All 98 studios →238 last sold in February 2015 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. 238's AED 32,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Oct 202620 October 2026 | 596 sqft | 410,000 | 687 | ||
| 15 Sep 202615 September 2026 | 573 sqft | 420,000 | 732 | ||
| 7 Jul 20267 July 2026 | 626 sqft | 454,915 | 727 | ||
| 30 Apr 202630 April 2026 | 534 sqft | 417,571 | 781 |
Madison Residences - Astor
Building116 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%
Other units on the 2nd floor
All 116 units in Madison Residences - Astor| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 2-bed | 1,167 sqft | AED 600KAED 600,000 · Jul 2022July 2022 | 67,200 /yr | |
| 202 | Studio | 505 sqft | AED 492KAED 491,825 · Mar 2014March 2014 | 43,000 /yr | |
| 203 | Studio | 512 sqft | AED 614KAED 614,328 · Mar 2014March 2014 | 30,800 /yr | |
| 204 | Studio | 512 sqft | AED 370KAED 370,000 · Mar 2024March 2024 | 40,000 /yr | |
| 205 | Studio | 512 sqft | AED 614KAED 614,328 · Mar 2014March 2014 | 38,000 /yr | |
| 206 | Studio | 534 sqft | AED 521KAED 521,430 · Feb 2014February 2014 | 35,000 /yr | |
| 207 | 1-bed | 630 sqft | AED 630KAED 629,850 · Jul 2014July 2014 | 43,100 /yr | |
| 208 | 1-bed | 1,001 sqft | AED 977KAED 976,965 · Feb 2014February 2014 | 52,000 /yr | |
| 209 | Studio | 512 sqft | AED 499KAED 498,510 · Feb 2014February 2014 | 35,000 /yr | |
| 210 | Studio | 512 sqft | AED 460KAED 460,000 · Feb 2026February 2026 | 42,000 /yr | |
| 211 | Studio | 512 sqft | AED 614KAED 614,448 · Mar 2014March 2014 | 39,000 /yr | |
| 212 | Studio | 466 sqft | AED 205KAED 205,000 · Apr 2021April 2021 | 50,000 /yr | |
| 213 | Studio | 467 sqft | AED 460KAED 460,000 · Sep 2014September 2014 | 40,000 /yr | |
| 214 | Studio | 467 sqft | AED 370KAED 370,000 · Mar 2024March 2024 | 45,000 /yr | |
| 215 | Studio | 507 sqft | AED 400KAED 400,000 · Nov 2025November 2025 | 40,000 /yr | |
| 216 | Studio | 506 sqft | AED 608KAED 607,740 · Mar 2014March 2014 | 35,000 /yr | |
| 217 | Studio | 512 sqft | AED 614KAED 614,328 · Mar 2014March 2014 | 42,000 /yr | |
| 218 | Studio | 512 sqft | AED 614KAED 614,328 · Mar 2014March 2014 | 38,000 /yr | |
| 219 | Studio | 512 sqft | AED 614KAED 614,328 · Mar 2014March 2014 | 34,000 /yr | |
| 220 | Studio | 512 sqft | AED 614KAED 614,328 · Mar 2014March 2014 | 30,250 /yr | |
| 221 | 1-bed | 727 sqft | AED 730KAED 730,000 · Dec 2014December 2014 | 30,000 /yr | |
| 222 | Studio | 652 sqft | AED 782KAED 782,376 · Mar 2014March 2014 | 35,000 /yr | |
| 223 | Studio | 506 sqft | AED 505KAED 505,000 · Jun 2015June 2015 | ||
| 224 | Studio | 538 sqft | AED 646KAED 645,576 · Mar 2014March 2014 | 38,000 /yr | |
| 225 | 1-bed | 795 sqft | AED 780KAED 780,000 · Jan 2024January 2024 | ||
| 226 | Studio | 635 sqft | AED 762KAED 762,096 · Mar 2014March 2014 | 35,000 /yr | |
| 227 | Studio | 626 sqft | AED 751KAED 750,720 · Mar 2014March 2014 | 40,000 /yr | |
| 228 | Studio | 532 sqft | AED 639KAED 638,736 · Mar 2014March 2014 | 38,000 /yr | |
| 229 | Studio | 513 sqft | AED 615KAED 615,360 · Mar 2014March 2014 | 40,000 /yr | |
| 230 | Studio | 512 sqft | AED 614KAED 614,328 · Mar 2014March 2014 | 40,000 /yr | |
| 231 | Studio | 512 sqft | AED 615KAED 614,650 · Apr 2014April 2014 | 16,000 /yr | |
| 232 | Studio | 512 sqft | AED 614KAED 614,328 · Mar 2014March 2014 | 40,000 /yr | |
| 233 | Studio | 512 sqft | AED 563KAED 563,134 · Jun 2014June 2014 | 37,000 /yr | |
| 234 | Studio | 506 sqft | AED 463KAED 463,000 · Nov 2024November 2024 | ||
| 235 | Studio | 506 sqft | AED 506KAED 506,450 · Apr 2014April 2014 | 34,500 /yr | |
| 236 | Studio | 512 sqft | AED 563KAED 563,134 · Jul 2014July 2014 | 34,650 /yr | |
| 237 | Studio | 520 sqft | AED 468KAED 468,000 · Dec 2014December 2014 | 32,077 /yr | |
| 239 | 1-bed | 730 sqft | AED 640KAED 640,000 · Dec 2014December 2014 |
238, Madison Residences - Astor in numbers
- Sold once: by DAMAC on 1 February 2015 for AED 406,800, or AED 900 per sqft.
- Rented since April 2015 on 9 Ejari contracts. The rent fell from AED 40,000 to AED 16,000 in 2021 and recovered to AED 32,000 by September 2026.
- At AED 32,000 a year the gross yield on the 2015 price is 7.9%, before a service charge of about AED 7,600 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 1 September 2026.
Questions about 238, Madison Residences - Astor
What did unit 238 last sell for?
AED 406,800 on 1 February 2015, sold by the developer: AED 900 per sqft for 452 sqft. It is the only registered sale of the unit.
What is the rent for unit 238?
AED 32,000 a year on the contract signed on 1 September 2026. The previous contract, from May 2022, was AED 19,200; the unit has been rented since April 2015.
How big is unit 238?
452 sqft (42.0 sqm): a studio on the 2nd floor of a 3-storey tower completed in 2013.
What is unit 238 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 238, Madison Residences - Astor
Starts from the last sale price (AED 407K, 1 February 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 406,800
- Deposit, UAE resident (20%)
- AED 81,360
- Deposit, non-resident (40%)
- AED 162,720
- Monthly over 25 years at 3.7%
- AED 1,664
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →