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

211, Madison Residences - Astor

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

Unit 211 · DLD and Ejari recordsUpdated 7 May 2025
Last soldAED 614K18 March 2014
Current rentAED 36K /yr7 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 211, Madison Residences - Astor

What is 211 worth today?

Last sold for AED 614,448 in 2014

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7 May 2025RentedRenewal
AED 36,000/yr12 months · AED 70 per sqft
7 May 2024RentedRenewal
AED 36,000/yr12 months · AED 70 per sqft
29 Mar 2022RentedRenewal
AED 23,000/yr12 months · AED 45 per sqft
29 Mar 2021RentedNew contract
AED 20,000/yr12 months · AED 39 per sqft
7 Nov 2018RentedNew contract
AED 31,000/yr12 months · AED 60 per sqft
15 May 2017RentedNew contract
AED 39,000/yr12 months · AED 75 per sqft
18 Mar 2014Sold by developerReady
AED 614,448AED 1,199 per sqft

Source: Dubai Land Department. Updated 7 May 2025.

Key facts

Type
Studio apartment
Size
512 sqft
Floor
2nd of 3
Parking
P-1
Developer
DAMAC
Completed
2013
Service charge
AED 8,600 /yr
Last sold
AED 614K · March 2014

About 211, Madison Residences - Astor

211 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. The developer sold it on 18 March 2014 for AED 614,448, or AED 1,199 per sqft, in line with the AED 1,199 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 7 May 2025, is AED 36,000 a year: a gross yield of 5.9% on the 2014 price, before the service charge of about AED 8,600 a year.

Sales and rents for 211 over time

Sales
Unit 211, 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, March 2014: AED 614,448 (AED 1,199 per sqft)

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

Rents
Unit 211, 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 39,000 a yearNew contract, November 2018: AED 31,000 a yearNew contract, March 2021: AED 20,000 a yearRenewal, March 2022: AED 23,000 a yearRenewal, May 2024: AED 36,000 a yearRenewal, May 2025: AED 36,000 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 211 sits

All 91 studios →

211 last sold in March 2014 at AED 1,199 per sqft, in line with what studios in Madison Residences - Astor were fetching at the time (AED 1,199). 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. 211's AED 36,000 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
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

211, Madison Residences - Astor in numbers

  • Sold once: by DAMAC on 18 March 2014 for AED 614,448, or AED 1,199 per sqft.
  • Rented since May 2017 on 6 Ejari contracts. The rent fell from AED 39,000 to AED 20,000 in 2021 and recovered to AED 36,000 by May 2025.
  • At AED 36,000 a year the gross yield on the 2014 price is 5.9%, 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 7 May 2025.

Questions about 211, Madison Residences - Astor

What did unit 211 last sell for?

AED 614,448 on 18 March 2014, sold by the developer: AED 1,199 per sqft for 512 sqft. It is the only registered sale of the unit.

What is the rent for unit 211?

AED 36,000 a year on the contract renewed on 7 May 2025. The previous contract, from May 2024, was AED 36,000; the unit has been rented since May 2017.

How big is unit 211?

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

What is unit 211 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 211, Madison Residences - Astor

Starts from the last sale price (AED 614K, 18 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 614,448
Deposit, UAE resident (20%)
AED 122,890
Deposit, non-resident (40%)
AED 245,779
Monthly over 25 years at 3.7%
AED 2,514

Plus AED 30,817 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →