Studio · 558 sqftMadison Residences - Astor, Majan · 1st floor · completed 2013

137, Madison Residences - Astor

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

Unit 137 · DLD and Ejari recordsUpdated 5 October 2025
Last soldAED 558K23 July 2014
Current rentAED 32K /yr5 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 137, Madison Residences - Astor

What is 137 worth today?

Last sold for AED 557,900 in 2014

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5 Oct 2025RentedRenewal
AED 32,000/yr12 months · AED 57 per sqft
5 Oct 2024RentedNew contract
AED 32,000/yr12 months · AED 57 per sqft
1 Mar 2020RentedNew contract
AED 25,000/yr12 months · AED 45 per sqft
15 Apr 2019RentedNew contract
AED 30,000/yr12 months · AED 54 per sqft
27 May 2017RentedNew contract
AED 45,000/yr12 months · AED 80 per sqft
23 Jul 2014Sold by developerReady
AED 557,900AED 1,000 per sqft

Source: Dubai Land Department. Updated 5 October 2025.

Key facts

Type
Studio apartment
Size
558 sqft
Floor
1st of 3
Parking
G-38
Developer
DAMAC
Completed
2013
Service charge
AED 9,400 /yr
Last sold
AED 558K · July 2014

About 137, Madison Residences - Astor

137 is a studio of 558 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 23 July 2014 for AED 557,900, or AED 1,000 per sqft, 13% below the AED 1,145 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 5 October 2025, is AED 32,000 a year: a gross yield of 5.7% on the 2014 price, before the service charge of about AED 9,400 a year.

Sales and rents for 137 over time

Sales
Unit 137, 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 557,900 (AED 1,000 per sqft)

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

Rents
Unit 137, 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, May 2017: AED 45,000 a yearNew contract, April 2019: AED 30,000 a yearNew contract, March 2020: AED 25,000 a yearNew contract, October 2024: AED 32,000 a yearRenewal, October 2025: AED 32,000 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 137 sits

All 91 studios →

137 last sold in July 2014 at AED 1,000 per sqft, 13% below what studios in Madison Residences - Astor were fetching at the time (AED 1,145). 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. 137's AED 32,000 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
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 →
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

137, Madison Residences - Astor in numbers

  • Sold once: by DAMAC on 23 July 2014 for AED 557,900, or AED 1,000 per sqft.
  • Rented since May 2017 on 5 Ejari contracts. The rent fell from AED 45,000 to AED 25,000 in 2020 and recovered to AED 32,000 by October 2025.
  • At AED 32,000 a year the gross yield on the 2014 price is 5.7%, before a service charge of about AED 9,400 a year (AED 16.76 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 5 October 2025.

Questions about 137, Madison Residences - Astor

What did unit 137 last sell for?

AED 557,900 on 23 July 2014, sold by the developer: AED 1,000 per sqft for 558 sqft. It is the only registered sale of the unit.

What is the rent for unit 137?

AED 32,000 a year on the contract renewed on 5 October 2025. The previous contract, from October 2024, was AED 32,000; the unit has been rented since May 2017.

How big is unit 137?

558 sqft (51.8 sqm): a studio on the 1st floor of a 3-storey tower completed in 2013.

What is unit 137 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 137, Madison Residences - Astor

Starts from the last sale price (AED 558K, 23 July 2014). Switch to today's estimate once you have unlocked it.
Price
AED 557,900
Deposit, UAE resident (20%)
AED 111,580
Deposit, non-resident (40%)
AED 223,160
Monthly over 25 years at 3.7%
AED 2,283

Plus AED 28,442 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →