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Studio · 506 sqftMadison Residences - Astor, Majan · 3rd floor · completed 2013

323, 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.

Unit 323 · DLD and Ejari recordsUpdated 15 July 2026
Last soldAED 608K19 February 2015
Current rentAED 36K /yr15 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 323, Madison Residences - Astor

What is 323 worth today?

Last sold for AED 608,000 in 2015

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15 Jul 2026RentedNew contract
AED 36,000/yr12 months · AED 71 per sqft
10 Oct 2025RentedRenewal
AED 34,650/yr12 months · AED 68 per sqft
10 Oct 2024RentedRenewal
AED 34,650/yr12 months · AED 68 per sqft
10 Oct 2023RentedNew contract
AED 33,000/yr12 months · AED 65 per sqft
4 Jun 2023RentedNew contract
AED 26,220/yr3 months · AED 52 per sqft
4 Feb 2022RentedRenewal
AED 22,800/yr12 months · AED 45 per sqft
4 Jan 2021RentedNew contract
AED 19,000/yr13 months · AED 38 per sqft
15 Jun 2020RentedRenewal
AED 23,000/yr12 months · AED 45 per sqft

Source: Dubai Land Department. Updated 15 July 2026.

Key facts

Type
Studio apartment
Size
506 sqft
Floor
3rd of 3
Parking
P-53
Developer
DAMAC
Completed
2013
Service charge
AED 8,500 /yr
Last sold
AED 608K · February 2015
Building
Madison Residences - Astor

About 323, Madison Residences - Astor

323 is a studio of 506 sqft on the 3rd floor of Madison Residences - Astor, a 3-storey tower in Majan completed in 2013 by DAMAC. The developer sold it on 19 February 2015 for AED 608,000, or AED 1,200 per sqft, 9% above the AED 1,100 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 13 Ejari contracts. The current contract, signed on 15 July 2026, is AED 36,000 a year: a gross yield of 5.9% on the 2015 price, before the service charge of about AED 8,500 a year.

Sales and rents for 323 over time

Sales
Unit 323, 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, February 2015: AED 608,000 (AED 1,200 per sqft)

323 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 323, 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 2015: AED 42,000 a yearRenewal, March 2016: AED 42,000 a yearRenewal, March 2017: AED 42,000 a yearNew contract, May 2018: AED 32,000 a yearNew contract, June 2019: AED 26,000 a yearRenewal, June 2020: AED 23,000 a yearNew contract, January 2021: AED 19,000 a yearRenewal, February 2022: AED 22,800 a yearNew contract, June 2023: AED 26,220 a yearNew contract, October 2023: AED 33,000 a yearRenewal, October 2024: AED 34,650 a yearRenewal, October 2025: AED 34,650 a yearNew contract, July 2026: AED 36,000 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 323 sits

All 98 studios →

323 last sold in February 2015 at AED 1,200 per sqft, 9% above 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. 323's AED 36,000 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
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

323, Madison Residences - Astor in numbers

  • Sold once: by DAMAC on 19 February 2015 for AED 608,000, or AED 1,200 per sqft.
  • Rented since March 2015 on 13 Ejari contracts. The rent fell from AED 42,000 to AED 19,000 in 2021 and recovered to AED 36,000 by July 2026.
  • At AED 36,000 a year the gross yield on the 2015 price is 5.9%, before a service charge of about AED 8,500 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 15 July 2026.

Questions about 323, Madison Residences - Astor

What did unit 323 last sell for?

AED 608,000 on 19 February 2015, sold by the developer: AED 1,200 per sqft for 506 sqft. It is the only registered sale of the unit.

What is the rent for unit 323?

AED 36,000 a year on the contract signed on 15 July 2026. The previous contract, from October 2025, was AED 34,650; the unit has been rented since March 2015.

How big is unit 323?

506 sqft (47.0 sqm): a studio on the 3rd floor of a 3-storey tower completed in 2013.

What is unit 323 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 323, Madison Residences - Astor

Starts from the last sale price (AED 608K, 19 February 2015). Switch to today's estimate once you have unlocked it.
Price
AED 608,000
Deposit, UAE resident (20%)
AED 121,600
Deposit, non-resident (40%)
AED 243,200
Monthly over 25 years at 3.7%
AED 2,488

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