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Studio · 591 sqftMadison Residences - Astor, Majan · 1st floor · completed 2013

124, Madison Residences - Astor

Sold prices and rental history: sold once, by the developer in October 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 124 · DLD and Ejari recordsUpdated 20 October 2014
Last soldAED 591K20 October 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 124, Madison Residences - Astor

What is 124 worth today?

Last sold for AED 590,940 in 2014

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20 Oct 2014Sold by developerReady
AED 590,940AED 999 per sqft

Source: Dubai Land Department. Updated 20 October 2014.

Key facts

Type
Studio apartment
Size
591 sqft
Floor
1st of 3
Parking
G-25
Developer
DAMAC
Completed
2013
Service charge
AED 9,900 /yr
Last sold
AED 591K · October 2014
Building
Madison Residences - Astor

About 124, Madison Residences - Astor

124 is a studio of 591 sqft on the 1st 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 590,940, or AED 999 per sqft, 9% below the AED 1,100 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 124 over time

Sales
Unit 124, each saleTypical studio in Madison Residences - Astor
250K500K750K20092013201720212025Typical 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, October 2014: AED 590,940 (AED 999 per sqft)

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

Rents
Unit 124, each contractTypical studio in Madison Residences - Astor
20K30K40K2014201820222026Typical 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 36,000

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 124 sits

All 91 studios →

124 last sold in October 2014 at AED 999 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 430,000 to 460,000, around AED 839 per sqft, and rent for AED 20,000 to 50,000 a year.

Recent studio salesUnit no.Price (AED)Summary
13 Feb 2026460,000
29 May 2025460,000
23 Jan 2025400,000
20 Nov 2024463,000
3 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. 3 sold in the last 12 months.

Typical price per sqft
AED 839
Typical sale
AED 430K
Typical rent
AED 38K /yr
Typical yield
8.2%
Madison Residences - Astor, Majan: prices, sales and rents →

Other units on the 1st floor

All 116 units in Madison Residences - Astor
Value
1012-bedAED 780K · Apr 2024
102StudioAED 450K · May 2024
103StudioAED 400K · Jan 2025
104AED 510K · Oct 2025
105StudioAED 683K · Mar 2014
106StudioAED 832K · Mar 2014
1071-bedAED 739K · Feb 2014
1–7 of 38

124, Madison Residences - Astor in numbers

  • Sold once: by DAMAC on 20 October 2014 for AED 590,940, or AED 999 per sqft.
  • Studios in Madison Residences - Astor sold for AED 430,000–460,000 in the 12 months to November 2026; the building's median across all types is AED 839 per sqft.

Source: Dubai Land Department. Updated 20 October 2014.

Questions about 124, Madison Residences - Astor

What did unit 124 last sell for?

AED 590,940 on 20 October 2014, sold by the developer: AED 999 per sqft for 591 sqft. It is the only registered sale of the unit.

How big is unit 124?

591 sqft (54.9 sqm): a studio on the 1st floor of a 3-storey tower completed in 2013.

What is unit 124 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 430,000 to 460,000 in the last 12 months, around AED 839 per sqft.

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Mortgage on 124, Madison Residences - Astor

Starts from the last sale price (AED 591K, 20 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 590,940
Deposit, UAE resident (20%)
AED 118,188
Deposit, non-resident (40%)
AED 236,376
Monthly over 25 years at 3.7%
AED 2,418

Plus AED 29,830 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →