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

332, Madison Residences - Astor

Sold prices and rental history: sold once, by the developer in October 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 332 · DLD and Ejari recordsUpdated 1 December 2025
Last soldAED 512K20 October 2014
Current rentAED 34K /yr1 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 332, Madison Residences - Astor

What is 332 worth today?

Last sold for AED 511,940 in 2014

Unlock today's estimate, updated daily, with

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

1 Dec 2025RentedRenewal
AED 34,000/yr12 months · AED 66 per sqft
1 Dec 2024RentedRenewal
AED 30,400/yr12 months · AED 59 per sqft
1 Dec 2023RentedRenewal
AED 26,400/yr12 months · AED 52 per sqft
1 Dec 2022RentedRenewal
AED 24,000/yr12 months · AED 47 per sqft
1 Dec 2021RentedNew contract
AED 21,000/yr12 months · AED 41 per sqft
15 Sep 2020RentedNew contract
AED 25,000/yr12 months · AED 49 per sqft
15 Sep 2018RentedRenewal
AED 35,000/yr12 months · AED 68 per sqft
15 Sep 2017RentedNew contract
AED 44,000/yr12 months · AED 85 per sqft

Source: Dubai Land Department. Updated 1 December 2025.

Key facts

Type
Studio apartment
Size
512 sqft
Floor
3rd of 3
Parking
P-62
Developer
DAMAC
Completed
2013
Service charge
AED 8,600 /yr
Last sold
AED 512K · October 2014

About 332, Madison Residences - Astor

332 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. The developer sold it on 20 October 2014 for AED 511,940, or AED 1,000 per sqft, 9% below the AED 1,100 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 1 December 2025, is AED 34,000 a year: a gross yield of 6.6% on the 2014 price, before the service charge of about AED 8,600 a year.

Sales and rents for 332 over time

Sales
Unit 332, 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 511,940 (AED 1,000 per sqft)

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

Rents
Unit 332, 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, September 2017: AED 44,000 a yearRenewal, September 2018: AED 35,000 a yearNew contract, September 2020: AED 25,000 a yearNew contract, December 2021: AED 21,000 a yearRenewal, December 2022: AED 24,000 a yearRenewal, December 2023: AED 26,400 a yearRenewal, December 2024: AED 30,400 a yearRenewal, December 2025: AED 34,000 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 332 sits

All 98 studios →

332 last sold in October 2014 at AED 1,000 per sqft, 9% below 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. 332's AED 34,000 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 →
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

332, Madison Residences - Astor in numbers

  • Sold once: by DAMAC on 20 October 2014 for AED 511,940, or AED 1,000 per sqft.
  • Rented since September 2017 on 8 Ejari contracts. The rent fell from AED 44,000 to AED 21,000 in 2021 and recovered to AED 34,000 by December 2025.
  • At AED 34,000 a year the gross yield on the 2014 price is 6.6%, 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 December 2025.

Questions about 332, Madison Residences - Astor

What did unit 332 last sell for?

AED 511,940 on 20 October 2014, sold by the developer: AED 1,000 per sqft for 512 sqft. It is the only registered sale of the unit.

What is the rent for unit 332?

AED 34,000 a year on the contract renewed on 1 December 2025. The previous contract, from December 2024, was AED 30,400; the unit has been rented since September 2017.

How big is unit 332?

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

What is unit 332 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 332? 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 332, Madison Residences - Astor

Starts from the last sale price (AED 512K, 20 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 511,940
Deposit, UAE resident (20%)
AED 102,388
Deposit, non-resident (40%)
AED 204,776
Monthly over 25 years at 3.7%
AED 2,095

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