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

309, Madison Residences - Astor

Sold prices and rental history: sold twice, last in October 2021, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 20 November 2025
Last soldAED 255K19 October 2021
Current rentAED 34K /yr20 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 309, Madison Residences - Astor

What is 309 worth today?

Last sold for AED 255,000 in 2021

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20 Nov 2025RentedRenewal
AED 33,600/yr12 months · AED 66 per sqft
20 Nov 2024RentedRenewal
AED 33,600/yr12 months · AED 66 per sqft
20 Nov 2023RentedRenewal
AED 32,000/yr12 months · AED 63 per sqft
20 Nov 2022RentedNew contract
AED 28,600/yr12 months · AED 56 per sqft
20 Nov 2021RentedNew contract
AED 26,000/yr12 months · AED 51 per sqft
19 Oct 2021SoldReady
AED 255,000AED 498 per sqft
15 Jun 2020RentedNew contract
AED 22,800/yr12 months · AED 44 per sqft
1 Jan 2015RentedNew contract
AED 45,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 20 November 2025.

Key facts

Type
Studio apartment
Size
512 sqft
Floor
3rd of 3
Parking
P-39
Developer
DAMAC
Completed
2013
Service charge
AED 8,600 /yr
Last sold
AED 255K · October 2021
Building
Madison Residences - Astor

About 309, Madison Residences - Astor

309 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 19 October 2021 for AED 255,000, or AED 498 per sqft, in line with the AED 493 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 20 November 2025, is AED 33,600 a year: a gross yield of 13.2% on the 2021 price, before the service charge of about AED 8,600 a year.

Sales and rents for 309 over time

Sales
Unit 309, 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, October 2021: AED 255,000 (AED 498 per sqft)

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

Rents
Unit 309, 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, January 2015: AED 45,000 a yearNew contract, June 2020: AED 22,800 a yearNew contract, November 2021: AED 26,000 a yearNew contract, November 2022: AED 28,600 a yearRenewal, November 2023: AED 32,000 a yearRenewal, November 2024: AED 33,600 a yearRenewal, November 2025: AED 33,600 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 309 sits

All 98 studios →

309 last sold in October 2021 at AED 498 per sqft, in line with what studios in Madison Residences - Astor were fetching at the time (AED 493). 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. 309's AED 33,600 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 →

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
306StudioAED 418K · Apr 2026
3071-bedAED 627K · Apr 2014
1–7 of 37

309, Madison Residences - Astor in numbers

  • Sold twice: first on 11 June 2014 for AED 614,650, last on 19 October 2021 for AED 255,000 (AED 498 per sqft).
  • Rented since January 2015 on 7 Ejari contracts. The rent fell from AED 45,000 to AED 22,800 in 2020 and recovered to AED 33,600 by November 2025.
  • At AED 33,600 a year the gross yield on the 2021 price is 13.2%, 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 20 November 2025.

Questions about 309, Madison Residences - Astor

What did unit 309 last sell for?

AED 255,000 on 19 October 2021: AED 498 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 309?

AED 33,600 a year on the contract renewed on 20 November 2025. The previous contract, from November 2024, was AED 33,600; the unit has been rented since January 2015.

How big is unit 309?

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

What is unit 309 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 309, Madison Residences - Astor

Starts from the last sale price (AED 255K, 19 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 255,000
Deposit, UAE resident (20%)
AED 51,000
Deposit, non-resident (40%)
AED 102,000
Monthly over 25 years at 3.7%
AED 1,043

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