Studio · 596 sqftMadison Residences - Astor, Majan · 1st floor · completed 2013

103, Madison Residences - Astor

Sold prices and rental history: sold twice, last in January 2025, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 15 February 2026
Last soldAED 400K23 January 2025
Current rentAED 48K /yr15 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Madison Residences - Astor

What is 103 worth today?

Last sold for AED 400,000 in 2025

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15 Feb 2026RentedNew contract
AED 48,000/yr12 months · AED 81 per sqft
23 Jan 2025SoldReady
AED 400,000AED 670 per sqft
15 Aug 2023RentedNew contract
AED 25,000/yr13 months · AED 42 per sqft
23 Feb 2022RentedNew contract
AED 22,000/yr12 months · AED 37 per sqft
9 May 2020RentedRenewal
AED 25,001/yr11 months · AED 42 per sqft
9 May 2019RentedNew contract
AED 30,000/yr12 months · AED 51 per sqft
1 Jan 2018RentedNew contract
AED 36,000/yr12 months · AED 61 per sqft
14 Feb 2016RentedNew contract
AED 24,000/yr12 months · AED 41 per sqft

Source: Dubai Land Department. Updated 15 February 2026.

Key facts

Type
Studio apartment
Size
596 sqft
Floor
1st of 3
Parking
G-3
Developer
DAMAC
Completed
2013
Service charge
AED 10,000 /yr
Last sold
AED 400K · January 2025

About 103, Madison Residences - Astor

103 is a studio of 596 sqft on the 1st floor of Madison Residences - Astor, a 3-storey tower in Majan completed in 2013 by DAMAC. It last sold on 23 January 2025 for AED 400,000, or AED 670 per sqft, 11% below the AED 754 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 15 February 2026, is AED 48,000 a year: a gross yield of 12.0% on the 2025 price, before the service charge of about AED 10,000 a year.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical studio in Madison Residences - Astor
250K500K750K2009201420192024Typical sale price by year: 2009 AED 700,500; 2013 AED 491,825; 2014 AED 581,470; 2015 AED 556,500; 2016 AED 425,000; 2021 AED 230,000; 2023 AED 362,500; 2024 AED 420,000Sold by developer, December 2014: AED 716,300 (AED 1,201 per sqft)Sold, January 2025: AED 400,000 (AED 670 per sqft)

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

Rents
Unit 103, each contractTypical studio in Madison Residences - Astor
20K40K2014201820222026Typical rent by year: 2014 AED 40,000; 2015 AED 42,750; 2016 AED 40,500; 2017 AED 39,000; 2018 AED 33,500; 2019 AED 28,000; 2020 AED 23,936; 2021 AED 21,000; 2022 AED 24,000; 2023 AED 29,850; 2024 AED 33,000; 2025 AED 36,000; 2026 AED 36,000New contract, February 2016: AED 24,000 a yearNew contract, January 2018: AED 36,000 a yearNew contract, May 2019: AED 30,000 a yearRenewal, May 2020: AED 25,001 a yearNew contract, February 2022: AED 22,000 a yearNew contract, August 2023: AED 25,000 a yearNew contract, February 2026: AED 48,000 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 103 sits

All 91 studios →

103 last sold in January 2025 at AED 670 per sqft, 11% below what studios in Madison Residences - Astor were fetching at the time (AED 754). Over the last 12 months studios sold for AED 460,000, around AED 898 per sqft, and rent for AED 20,000 to 50,000 a year. 103's AED 48,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
13 Feb 2026460,000
29 May 2025460,000
20 Nov 2024463,000
18 Nov 2024390,000
1 studio sale 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. 1 sold in the last 12 months.

Typical price per sqft
AED 898
Typical sale
AED 460K
Typical rent
AED 38K /yr
Typical yield
7.6%
Madison Residences - Astor, Majan: prices, sales and rents →
Value
1012-bedAED 780K · Apr 2024
102StudioAED 450K · May 2024
104AED 510K · Oct 2025
105StudioAED 683K · Mar 2014
106StudioAED 832K · Mar 2014
1071-bedAED 739K · Feb 2014
1081-bedAED 1M · Nov 2024
1–7 of 38

103, Madison Residences - Astor in numbers

  • Sold twice: first on 17 December 2014 for AED 716,300, last on 23 January 2025 for AED 400,000 (AED 670 per sqft).
  • Rented since February 2016 on 7 Ejari contracts, from AED 24,000 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2025 price is 12.0%, before a service charge of about AED 10,000 a year (AED 16.76 per sqft).
  • Studios in Madison Residences - Astor sold for AED 460,000–460,000 in the 12 months to November 2026; the building's median across all types is AED 898 per sqft.

Source: Dubai Land Department. Updated 15 February 2026.

Questions about 103, Madison Residences - Astor

What did unit 103 last sell for?

AED 400,000 on 23 January 2025: AED 670 per sqft for 596 sqft. The unit has 2 registered sales; the first was AED 716,300 in December 2014.

What is the rent for unit 103?

AED 48,000 a year on the contract signed on 15 February 2026. The previous contract, from August 2023, was AED 25,000; the unit has been rented since February 2016.

How big is unit 103?

596 sqft (55.4 sqm): a studio on the 1st floor of a 3-storey tower completed in 2013.

What is unit 103 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 460,000 to 460,000 in the last 12 months, around AED 898 per sqft.

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Mortgage on 103, Madison Residences - Astor

Starts from the last sale price (AED 400K, 23 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

Plus AED 19,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →