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Studio · 590 sqftMadison Residences - Astor, Majan · 1st floor · completed 2013

126, Madison Residences - Astor

Sold prices and rental history: sold twice, last in February 2024, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 126 · DLD and Ejari recordsUpdated 21 February 2024
Last soldAED 460K21 February 2024
Current rentAED 35K /yr26 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 126, Madison Residences - Astor

What is 126 worth today?

Last sold for AED 460,000 in 2024

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21 Feb 2024SoldReady
AED 460,000AED 779 per sqft
26 Jun 2023RentedNew contract
AED 35,000/yr12 months · AED 59 per sqft
1 Jul 2019RentedNew contract
AED 33,000/yr12 months · AED 56 per sqft
10 Feb 2018RentedNew contract
AED 45,000/yr12 months · AED 76 per sqft
23 Jul 2014Sold by developerReady
AED 589,760AED 1,000 per sqft

Source: Dubai Land Department. Updated 21 February 2024.

Key facts

Type
Studio apartment
Size
590 sqft
Floor
1st of 3
Parking
G-27
Developer
DAMAC
Completed
2013
Service charge
AED 9,900 /yr
Last sold
AED 460K · February 2024
Building
Madison Residences - Astor

About 126, Madison Residences - Astor

126 is a studio of 590 sqft on the 1st floor of Madison Residences - Astor, a 3-storey tower in Majan completed in 2013 by DAMAC. It last sold on 21 February 2024 for AED 460,000, or AED 779 per sqft, 13% above the AED 687 studios in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 26 June 2023, is AED 35,000 a year: a gross yield of 7.6% on the 2024 price, before the service charge of about AED 9,900 a year.

Sales and rents for 126 over time

Sales
Unit 126, 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, July 2014: AED 589,760 (AED 1,000 per sqft)Sold, February 2024: AED 460,000 (AED 779 per sqft)

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

Rents
Unit 126, 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 2018: AED 45,000 a yearNew contract, July 2019: AED 33,000 a yearNew contract, June 2023: AED 35,000 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 126 sits

All 91 studios →

126 last sold in February 2024 at AED 779 per sqft, 13% above what studios in Madison Residences - Astor were fetching at the time (AED 687). 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. 126's AED 35,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
13 Feb 2026460,000
29 May 2025460,000
23 Jan 2025400,000
20 Nov 2024463,000
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 →

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

126, Madison Residences - Astor in numbers

  • Sold twice: first on 23 July 2014 for AED 589,760, last on 21 February 2024 for AED 460,000 (AED 779 per sqft).
  • Rented since February 2018 on 3 Ejari contracts, from AED 45,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2024 price is 7.6%, before a service charge of about AED 9,900 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 21 February 2024.

Questions about 126, Madison Residences - Astor

What did unit 126 last sell for?

AED 460,000 on 21 February 2024: AED 779 per sqft for 590 sqft. The unit has 2 registered sales; the first was AED 589,760 in July 2014.

What is the rent for unit 126?

AED 35,000 a year on the contract signed on 26 June 2023. The previous contract, from July 2019, was AED 33,000; the unit has been rented since February 2018.

How big is unit 126?

590 sqft (54.8 sqm): a studio on the 1st floor of a 3-storey tower completed in 2013.

What is unit 126 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 126, Madison Residences - Astor

Starts from the last sale price (AED 460K, 21 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 460,000
Deposit, UAE resident (20%)
AED 92,000
Deposit, non-resident (40%)
AED 184,000
Monthly over 25 years at 3.7%
AED 1,882

Plus AED 22,230 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →