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

132, Madison Residences - Astor

Sold prices and rental history: sold twice, last in March 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 132 · DLD and Ejari recordsUpdated 1 May 2025
Last soldAED 510K16 March 2016
Current rentAED 33K /yr1 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 132, Madison Residences - Astor

What is 132 worth today?

Last sold for AED 510,000 in 2016

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1 May 2025RentedRenewal
AED 33,440/yr12 months · AED 56 per sqft
1 May 2024RentedRenewal
AED 30,400/yr12 months · AED 51 per sqft
1 Nov 2023RentedRenewal
AED 26,400/yr6 months · AED 44 per sqft
1 Nov 2022RentedRenewal
AED 24,000/yr12 months · AED 40 per sqft
1 Nov 2021RentedRenewal
AED 20,000/yr12 months · AED 34 per sqft
1 Nov 2020RentedNew contract
AED 20,000/yr12 months · AED 34 per sqft
20 Sep 2019RentedNew contract
AED 25,000/yr12 months · AED 42 per sqft
16 Mar 2016SoldReady
AED 510,000AED 855 per sqft

Source: Dubai Land Department. Updated 1 May 2025.

Key facts

Type
Studio apartment
Size
596 sqft
Floor
1st of 3
Parking
G-33
Developer
DAMAC
Completed
2013
Service charge
AED 10,000 /yr
Last sold
AED 510K · March 2016
Building
Madison Residences - Astor

About 132, Madison Residences - Astor

132 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 16 March 2016 for AED 510,000, or AED 855 per sqft, 22% below the AED 1,099 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 1 May 2025, is AED 33,440 a year: a gross yield of 6.6% on the 2016 price, before the service charge of about AED 10,000 a year.

Sales and rents for 132 over time

Sales
Unit 132, 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 596,330 (AED 1,000 per sqft)Sold, March 2016: AED 510,000 (AED 855 per sqft)

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

Rents
Unit 132, 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, September 2019: AED 25,000 a yearNew contract, November 2020: AED 20,000 a yearRenewal, November 2021: AED 20,000 a yearRenewal, November 2022: AED 24,000 a yearRenewal, November 2023: AED 26,400 a yearRenewal, May 2024: AED 30,400 a yearRenewal, May 2025: AED 33,440 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 132 sits

All 91 studios →

132 last sold in March 2016 at AED 855 per sqft, 22% below what studios in Madison Residences - Astor were fetching at the time (AED 1,099). 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. 132's AED 33,440 is in the lower 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

132, Madison Residences - Astor in numbers

  • Sold twice: first on 23 July 2014 for AED 596,330, last on 16 March 2016 for AED 510,000 (AED 855 per sqft).
  • Rented since September 2019 on 7 Ejari contracts. The rent fell from AED 25,000 to AED 20,000 in 2021 and recovered to AED 33,440 by May 2025.
  • At AED 33,440 a year the gross yield on the 2016 price is 6.6%, 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 1 May 2025.

Questions about 132, Madison Residences - Astor

What did unit 132 last sell for?

AED 510,000 on 16 March 2016: AED 855 per sqft for 596 sqft. The unit has 2 registered sales; the first was AED 596,330 in July 2014.

What is the rent for unit 132?

AED 33,440 a year on the contract renewed on 1 May 2025. The previous contract, from May 2024, was AED 30,400; the unit has been rented since September 2019.

How big is unit 132?

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

What is unit 132 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 132, Madison Residences - Astor

Starts from the last sale price (AED 510K, 16 March 2016). Switch to today's estimate once you have unlocked it.
Price
AED 510,000
Deposit, UAE resident (20%)
AED 102,000
Deposit, non-resident (40%)
AED 204,000
Monthly over 25 years at 3.7%
AED 2,087

Plus AED 26,430 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →