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

304, Madison Residences - Astor

Sold prices and rental history: sold 3 times, last in November 2025, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 485K6 November 2025
Current rentAED 48K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Madison Residences - Astor

What is 304 worth today?

Last sold for AED 485,000 in 2025

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1 Feb 2026RentedNew contract
AED 48,000/yr12 months · AED 93 per sqft
6 Nov 2025SoldReady
AED 485,000AED 947 per sqft
1 Feb 2025RentedRenewal
AED 44,000/yr12 months · AED 85 per sqft
1 Feb 2024RentedNew contract
AED 44,000/yr12 months · AED 85 per sqft
1 Apr 2022RentedNew contract
AED 37,000/yr12 months · AED 72 per sqft
20 Jan 2022SoldReady
AED 300,220AED 586 per sqft
1 Jul 2018RentedNew contract
AED 31,500/yr12 months · AED 61 per sqft
1 Mar 2017RentedNew contract
AED 40,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
Studio apartment
Size
512 sqft
Floor
3rd of 3
Parking
P-34
Developer
DAMAC
Completed
2013
Service charge
AED 8,600 /yr
Last sold
AED 485K · November 2025

About 304, Madison Residences - Astor

304 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 6 November 2025 for AED 485,000, or AED 947 per sqft, 12% above the AED 842 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 1 February 2026, is AED 48,000 a year: a gross yield of 9.9% on the 2025 price, before the service charge of about AED 8,600 a year.

Sales and rents for 304 over time

Sales
Unit 304, 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, January 2022: AED 300,220 (AED 586 per sqft)Sold, November 2025: AED 485,000 (AED 947 per sqft)

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

Rents
Unit 304, 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, March 2017: AED 40,000 a yearNew contract, July 2018: AED 31,500 a yearNew contract, April 2022: AED 37,000 a yearNew contract, February 2024: AED 44,000 a yearRenewal, February 2025: AED 44,000 a yearNew contract, February 2026: AED 48,000 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 304 sits

All 98 studios →

304 last sold in November 2025 at AED 947 per sqft, 12% above what studios in Madison Residences - Astor were fetching at the time (AED 842). 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. 304's AED 48,000 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
303StudioAED 400K · Sep 2016
305StudioAED 563K · Jun 2014
306StudioAED 418K · Apr 2026
3071-bedAED 627K · Apr 2014
3081-bedAED 1M · Jul 2014
1–7 of 37

304, Madison Residences - Astor in numbers

  • Sold 3 times: first on 11 June 2014 for AED 614,650, last on 6 November 2025 for AED 485,000 (AED 947 per sqft).
  • Rented since March 2017 on 6 Ejari contracts. The rent fell from AED 40,000 to AED 31,500 in 2018 and recovered to AED 48,000 by February 2026.
  • At AED 48,000 a year the gross yield on the 2025 price is 9.9%, 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 1 February 2026.

Questions about 304, Madison Residences - Astor

What did unit 304 last sell for?

AED 485,000 on 6 November 2025: AED 947 per sqft for 512 sqft. The unit has 3 registered sales; the first was AED 614,650 in June 2014.

What is the rent for unit 304?

AED 48,000 a year on the contract signed on 1 February 2026. The previous contract, from February 2025, was AED 44,000; the unit has been rented since March 2017.

How big is unit 304?

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

What is unit 304 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 304, Madison Residences - Astor

Starts from the last sale price (AED 485K, 6 November 2025). Switch to today's estimate once you have unlocked it.
Price
AED 485,000
Deposit, UAE resident (20%)
AED 97,000
Deposit, non-resident (40%)
AED 194,000
Monthly over 25 years at 3.7%
AED 1,984

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