Studio · 512 sqftMadison Residences - Astor, Majan · 2nd floor · completed 2013

209, Madison Residences - Astor

Sold prices and rental history: sold twice, last in February 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 209 · DLD and Ejari recordsUpdated 15 August 2025
Last soldAED 499K24 February 2014
Current rentAED 33K /yr15 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 209, Madison Residences - Astor

What is 209 worth today?

Last sold for AED 498,510 in 2014

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15 Aug 2025RentedRenewal
AED 33,000/yr12 months · AED 64 per sqft
15 Aug 2024RentedNew contract
AED 30,000/yr12 months · AED 59 per sqft
3 Aug 2017RentedNew contract
AED 20,000/yr12 months · AED 39 per sqft
7 Mar 2015RentedNew contract
AED 32,000/yr12 months · AED 62 per sqft
7 Mar 2014RentedNew contract
AED 32,000/yr12 months · AED 62 per sqft
24 Feb 2014SoldReady
AED 498,510AED 973 per sqft
15 Apr 2013Sold by developerOff-plan
AED 498,510AED 973 per sqft

Source: Dubai Land Department. Updated 15 August 2025.

Key facts

Type
Studio apartment
Size
512 sqft
Floor
2nd of 3
Parking
G-49
Developer
DAMAC
Completed
2013
Service charge
AED 8,600 /yr
Last sold
AED 499K · February 2014

About 209, Madison Residences - Astor

209 is a studio of 512 sqft on the 2nd floor of Madison Residences - Astor, a 3-storey tower in Majan completed in 2013 by DAMAC. It last sold on 24 February 2014 for AED 498,510, or AED 973 per sqft, in line with the AED 973 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 15 August 2025, is AED 33,000 a year: a gross yield of 6.6% on the 2014 price, before the service charge of about AED 8,600 a year.

Sales and rents for 209 over time

Sales
Unit 209, 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, April 2013: AED 498,510 (AED 973 per sqft)Sold, February 2014: AED 498,510 (AED 973 per sqft)

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

Rents
Unit 209, 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, March 2014: AED 32,000 a yearNew contract, March 2015: AED 32,000 a yearNew contract, August 2017: AED 20,000 a yearNew contract, August 2024: AED 30,000 a yearRenewal, August 2025: AED 33,000 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 209 sits

All 91 studios →

209 last sold in February 2014 at AED 973 per sqft, in line with what studios in Madison Residences - Astor were fetching at the time (AED 973). 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. 209's AED 33,000 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
2012-bedAED 600K · Jul 2022
202StudioAED 492K · Mar 2014
203StudioAED 614K · Mar 2014
204StudioAED 370K · Mar 2024
205StudioAED 614K · Mar 2014
206StudioAED 521K · Feb 2014
2071-bedAED 630K · Jul 2014
1–7 of 38

209, Madison Residences - Astor in numbers

  • Sold twice: first on 15 April 2013 for AED 498,510, last on 24 February 2014 for AED 498,510 (AED 973 per sqft).
  • Rented since March 2014 on 5 Ejari contracts. The rent fell from AED 32,000 to AED 20,000 in 2017 and recovered to AED 33,000 by August 2025.
  • At AED 33,000 a year the gross yield on the 2014 price is 6.6%, before a service charge of about AED 8,600 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 15 August 2025.

Questions about 209, Madison Residences - Astor

What did unit 209 last sell for?

AED 498,510 on 24 February 2014: AED 973 per sqft for 512 sqft. The unit has 2 registered sales; the first was AED 498,510 in April 2013.

What is the rent for unit 209?

AED 33,000 a year on the contract renewed on 15 August 2025. The previous contract, from August 2024, was AED 30,000; the unit has been rented since March 2014.

How big is unit 209?

512 sqft (47.6 sqm): a studio on the 2nd floor of a 3-storey tower completed in 2013.

What is unit 209 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 209, Madison Residences - Astor

Starts from the last sale price (AED 499K, 24 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 498,510
Deposit, UAE resident (20%)
AED 99,702
Deposit, non-resident (40%)
AED 199,404
Monthly over 25 years at 3.7%
AED 2,040

Plus AED 23,847 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →