Home
Dubai prices
About
Blog
Studio · 513 sqftMadison Residences - Astor, Majan · 3rd floor · completed 2013

329, Madison Residences - Astor

Sold prices and rental history: sold once, by the developer in June 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 329 · DLD and Ejari recordsUpdated 26 February 2024
Last soldAED 616K11 June 2014
Current rentAED 31K /yr26 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 329

Property timeline for 329, Madison Residences - Astor

What is 329 worth today?

Last sold for AED 615,600 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

26 Feb 2024RentedRenewal
AED 31,000/yr12 months · AED 60 per sqft
26 Feb 2023RentedNew contract
AED 28,000/yr12 months · AED 55 per sqft
1 Mar 2021RentedNew contract
AED 24,000/yr12 months · AED 47 per sqft
15 Aug 2018RentedNew contract
AED 31,000/yr12 months · AED 60 per sqft
11 Jun 2014Sold by developerReady
AED 615,600AED 1,200 per sqft

Source: Dubai Land Department. Updated 26 February 2024.

Key facts

Type
Studio apartment
Size
513 sqft
Floor
3rd of 3
Parking
P-59
Developer
DAMAC
Completed
2013
Service charge
AED 8,600 /yr
Last sold
AED 616K · June 2014
Building
Madison Residences - Astor

About 329, Madison Residences - Astor

329 is a studio of 513 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 11 June 2014 for AED 615,600, or AED 1,200 per sqft, in line with the AED 1,199 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 26 February 2024, is AED 31,000 a year: a gross yield of 5.0% on the 2014 price, before the service charge of about AED 8,600 a year.

Sales and rents for 329 over time

Sales
Unit 329, 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 615,600 (AED 1,200 per sqft)

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

Rents
Unit 329, 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, August 2018: AED 31,000 a yearNew contract, March 2021: AED 24,000 a yearNew contract, February 2023: AED 28,000 a yearRenewal, February 2024: AED 31,000 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 329 sits

All 98 studios →

329 last sold in June 2014 at AED 1,200 per sqft, in line with what studios in Madison Residences - Astor were fetching at the time (AED 1,199). 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. 329's AED 31,000 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

329, Madison Residences - Astor in numbers

  • Sold once: by DAMAC on 11 June 2014 for AED 615,600, or AED 1,200 per sqft.
  • Rented since August 2018 on 4 Ejari contracts. The rent fell from AED 31,000 to AED 24,000 in 2021 and recovered to AED 31,000 by February 2024.
  • At AED 31,000 a year the gross yield on the 2014 price is 5.0%, 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 26 February 2024.

Questions about 329, Madison Residences - Astor

What did unit 329 last sell for?

AED 615,600 on 11 June 2014, sold by the developer: AED 1,200 per sqft for 513 sqft. It is the only registered sale of the unit.

What is the rent for unit 329?

AED 31,000 a year on the contract renewed on 26 February 2024. The previous contract, from February 2023, was AED 28,000; the unit has been rented since August 2018.

How big is unit 329?

513 sqft (47.7 sqm): a studio on the 3rd floor of a 3-storey tower completed in 2013.

What is unit 329 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.

Selling 329? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 329, Madison Residences - Astor

Starts from the last sale price (AED 616K, 11 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 615,600
Deposit, UAE resident (20%)
AED 123,120
Deposit, non-resident (40%)
AED 246,240
Monthly over 25 years at 3.7%
AED 2,519

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