Studio · 512 sqftMadison Residences - Astor, Majan · 3rd floor · completed 2013

303, Madison Residences - Astor

Sold prices and rental history: sold twice, last in September 2016, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 14 June 2026
Last soldAED 400K29 September 2016
Current rentAED 40K /yr14 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, Madison Residences - Astor

What is 303 worth today?

Last sold for AED 400,000 in 2016

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14 Jun 2026RentedRenewal
AED 40,000/yr12 months · AED 77 per sqft
14 Jun 2025RentedNew contract
AED 40,000/yr12 months · AED 77 per sqft
1 Mar 2025RentedRenewal
AED 36,000/yr12 months · AED 70 per sqft
1 Mar 2024RentedNew contract
AED 28,000/yr12 months · AED 54 per sqft
1 Mar 2020RentedNew contract
AED 25,000/yr12 months · AED 49 per sqft
12 Jan 2019RentedNew contract
AED 32,000/yr12 months · AED 62 per sqft
9 Dec 2017RentedNew contract
AED 41,000/yr12 months · AED 79 per sqft
29 Sep 2016SoldReady
AED 400,000AED 781 per sqft

Source: Dubai Land Department. Updated 14 June 2026.

Key facts

Type
Studio apartment
Size
512 sqft
Floor
3rd of 3
Parking
P-33
Developer
DAMAC
Completed
2013
Service charge
AED 8,600 /yr
Last sold
AED 400K · September 2016

About 303, Madison Residences - Astor

303 is a studio of 512 sqft on the 3rd floor of Madison Residences - Astor, a 3-storey tower in Majan completed in 2013 by DAMAC. It last sold on 29 September 2016 for AED 400,000, or AED 781 per sqft, in line with the AED 781 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 14 June 2026, is AED 40,000 a year: a gross yield of 10.0% on the 2016 price, before the service charge of about AED 8,600 a year.

Sales and rents for 303 over time

Sales
Unit 303, 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, June 2014: AED 614,650 (AED 1,200 per sqft)Sold, September 2016: AED 400,000 (AED 781 per sqft)

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

Rents
Unit 303, 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, December 2017: AED 41,000 a yearNew contract, January 2019: AED 32,000 a yearNew contract, March 2020: AED 25,000 a yearNew contract, March 2024: AED 28,000 a yearRenewal, March 2025: AED 36,000 a yearNew contract, June 2025: AED 40,000 a yearRenewal, June 2026: AED 40,000 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 303 sits

All 98 studios →

303 last sold in September 2016 at AED 781 per sqft, in line with what studios in Madison Residences - Astor were fetching at the time (AED 781). 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. 303's AED 40,000 is in the upper 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
3012-bedAED 1.17M · Apr 2014
302StudioAED 505K · Oct 2014
304StudioAED 485K · Nov 2025
305StudioAED 563K · Jun 2014
306StudioAED 418K · Apr 2026
3071-bedAED 627K · Apr 2014
3081-bedAED 1M · Jul 2014
1–7 of 37

303, Madison Residences - Astor in numbers

  • Sold twice: first on 11 June 2014 for AED 614,650, last on 29 September 2016 for AED 400,000 (AED 781 per sqft).
  • Rented since December 2017 on 7 Ejari contracts. The rent fell from AED 41,000 to AED 25,000 in 2020 and recovered to AED 40,000 by June 2026.
  • At AED 40,000 a year the gross yield on the 2016 price is 10.0%, before a service charge of about AED 8,600 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 14 June 2026.

Questions about 303, Madison Residences - Astor

What did unit 303 last sell for?

AED 400,000 on 29 September 2016: AED 781 per sqft for 512 sqft. The unit has 2 registered sales; the first was AED 614,650 in June 2014.

What is the rent for unit 303?

AED 40,000 a year on the contract renewed on 14 June 2026. The previous contract, from June 2025, was AED 40,000; the unit has been rented since December 2017.

How big is unit 303?

512 sqft (47.6 sqm): a studio on the 3rd floor of a 3-storey tower completed in 2013.

What is unit 303 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 303, Madison Residences - Astor

Starts from the last sale price (AED 400K, 29 September 2016). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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