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Studio · 534 sqftMadison Residences - Astor, Majan · 3rd floor · completed 2013

306, Madison Residences - Astor

Sold prices and rental history: sold twice, last in April 2026, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 30 April 2026
Last soldAED 418K30 April 2026
Current rentAED 24K /yr1 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 306, Madison Residences - Astor

What is 306 worth today?

Last sold for AED 417,571 in 2026

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30 Apr 2026SoldReady
AED 417,571AED 781 per sqft
1 Aug 2020RentedNew contract
AED 24,000/yr12 months · AED 45 per sqft
1 Nov 2015RentedNew contract
AED 44,000/yr12 months · AED 82 per sqft
20 Oct 2014Sold by developerReady
AED 534,320AED 999 per sqft

Source: Dubai Land Department. Updated 30 April 2026.

Key facts

Type
Studio apartment
Size
534 sqft
Floor
3rd of 3
Parking
P-36
Developer
DAMAC
Completed
2013
Service charge
AED 9,000 /yr
Last sold
AED 418K · April 2026
Building
Madison Residences - Astor

About 306, Madison Residences - Astor

306 is a studio of 534 sqft on the 3rd floor of Madison Residences - Astor, a 3-storey tower in Majan completed in 2013 by DAMAC. It last sold on 30 April 2026 for AED 417,571, or AED 781 per sqft, 7% below the AED 839 studios in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 1 August 2020, is AED 24,000 a year: a gross yield of 5.8% on the 2026 price, before the service charge of about AED 9,000 a year.

Sales and rents for 306 over time

Sales
Unit 306, 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, October 2014: AED 534,320 (AED 999 per sqft)Sold, April 2026: AED 417,571 (AED 781 per sqft)

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

Rents
Unit 306, 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, November 2015: AED 44,000 a yearNew contract, August 2020: AED 24,000 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 306 sits

All 98 studios →

306 last sold in April 2026 at AED 781 per sqft, 7% below what studios in Madison Residences - Astor were fetching at the time (AED 839). 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. 306's AED 24,000 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
23 Apr 2026450,000
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 →

Other units on the 3rd floor

All 116 units in Madison Residences - Astor
Value
3012-bedAED 1.17M · Apr 2014
302StudioAED 505K · Oct 2014
303StudioAED 400K · Sep 2016
304StudioAED 485K · Nov 2025
305StudioAED 563K · Jun 2014
3071-bedAED 627K · Apr 2014
3081-bedAED 1M · Jul 2014
1–7 of 37

306, Madison Residences - Astor in numbers

  • Sold twice: first on 20 October 2014 for AED 534,320, last on 30 April 2026 for AED 417,571 (AED 781 per sqft).
  • Rented since November 2015 on 2 Ejari contracts, from AED 44,000 to AED 24,000 a year.
  • At AED 24,000 a year the gross yield on the 2026 price is 5.8%, before a service charge of about AED 9,000 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 30 April 2026.

Questions about 306, Madison Residences - Astor

What did unit 306 last sell for?

AED 417,571 on 30 April 2026: AED 781 per sqft for 534 sqft. The unit has 2 registered sales; the first was AED 534,320 in October 2014.

What is the rent for unit 306?

AED 24,000 a year on the contract signed on 1 August 2020. The previous contract, from November 2015, was AED 44,000.

How big is unit 306?

534 sqft (49.6 sqm): a studio on the 3rd floor of a 3-storey tower completed in 2013.

What is unit 306 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 306, Madison Residences - Astor

Starts from the last sale price (AED 418K, 30 April 2026). Switch to today's estimate once you have unlocked it.
Price
AED 417,571
Deposit, UAE resident (20%)
AED 83,514
Deposit, non-resident (40%)
AED 167,028
Monthly over 25 years at 3.7%
AED 1,708

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