224, 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.
Property timeline for 224, Madison Residences - Astor
What is 224 worth today?
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Source: Dubai Land Department. Updated 1 March 2025.
Key facts
- Type
- Studio apartment
- Size
- 538 sqft
- Floor
- 2nd of 3
- Parking
- P-14
- Developer
- DAMAC
- Completed
- 2013
- Service charge
- AED 9,000 /yr
- Last sold
- AED 646K · March 2014
- Building
- Madison Residences - Astor
About 224, Madison Residences - Astor
224 is a studio of 538 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 645,576, 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 8 Ejari contracts. The current contract, renewed on 1 March 2025, is AED 38,000 a year: a gross yield of 5.9% on the 2014 price, before the service charge of about AED 9,000 a year.
Sales and rents for 224 over time
224 has sold once; the dashed line is the studio median of each year in the building.
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 224 sits
All 91 studios →224 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 460,000, around AED 898 per sqft, and rent for AED 20,000 to 50,000 a year. 224's AED 38,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Feb 202613 February 2026 | 512 sqft | 460,000 | 898 | ||
| 29 May 202529 May 2025 | 626 sqft | 460,000 | 735 | ||
| 23 Jan 202523 January 2025 | 596 sqft | 400,000 | 670 | ||
| 20 Nov 202420 November 2024 | 506 sqft | 463,000 | 914 |
Madison Residences - Astor
Building116 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%
Other units on the 2nd floor
All 116 units in Madison Residences - Astor| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 2-bed | 1,167 sqft | AED 600KAED 600,000 · Jul 2022July 2022 | 67,200 /yr | |
| 202 | Studio | 505 sqft | AED 492KAED 491,825 · Mar 2014March 2014 | 43,000 /yr | |
| 203 | Studio | 512 sqft | AED 614KAED 614,328 · Mar 2014March 2014 | 30,800 /yr | |
| 204 | Studio | 512 sqft | AED 370KAED 370,000 · Mar 2024March 2024 | 40,000 /yr | |
| 205 | Studio | 512 sqft | AED 614KAED 614,328 · Mar 2014March 2014 | 38,000 /yr | |
| 206 | Studio | 534 sqft | AED 521KAED 521,430 · Feb 2014February 2014 | 35,000 /yr | |
| 207 | 1-bed | 630 sqft | AED 630KAED 629,850 · Jul 2014July 2014 | 43,100 /yr | |
| 208 | 1-bed | 1,001 sqft | AED 977KAED 976,965 · Feb 2014February 2014 | 52,000 /yr | |
| 209 | Studio | 512 sqft | AED 499KAED 498,510 · Feb 2014February 2014 | 33,000 /yr | |
| 210 | Studio | 512 sqft | AED 460KAED 460,000 · Feb 2026February 2026 | 42,000 /yr | |
| 211 | Studio | 512 sqft | AED 614KAED 614,448 · Mar 2014March 2014 | 36,000 /yr | |
| 212 | Studio | 466 sqft | AED 205KAED 205,000 · Apr 2021April 2021 | 50,000 /yr | |
| 213 | Studio | 467 sqft | AED 460KAED 460,000 · Sep 2014September 2014 | 43,000 /yr | |
| 214 | Studio | 467 sqft | AED 370KAED 370,000 · Mar 2024March 2024 | 45,000 /yr | |
| 215 | 507 sqft | AED 400KAED 400,000 · Nov 2025November 2025 | 40,000 /yr | ||
| 216 | Studio | 506 sqft | AED 608KAED 607,740 · Mar 2014March 2014 | 27,000 /yr | |
| 217 | Studio | 512 sqft | AED 614KAED 614,328 · Mar 2014March 2014 | 42,000 /yr | |
| 218 | Studio | 512 sqft | AED 614KAED 614,328 · Mar 2014March 2014 | 38,000 /yr | |
| 219 | Studio | 512 sqft | AED 614KAED 614,328 · Mar 2014March 2014 | 34,000 /yr | |
| 220 | Studio | 512 sqft | AED 614KAED 614,328 · Mar 2014March 2014 | 30,250 /yr | |
| 221 | 1-bed | 727 sqft | AED 730KAED 730,000 · Dec 2014December 2014 | 30,000 /yr | |
| 222 | Studio | 652 sqft | AED 782KAED 782,376 · Mar 2014March 2014 | 35,000 /yr | |
| 223 | Studio | 506 sqft | AED 505KAED 505,000 · Jun 2015June 2015 | ||
| 225 | 1-bed | 795 sqft | AED 780KAED 780,000 · Jan 2024January 2024 | ||
| 226 | Studio | 635 sqft | AED 762KAED 762,096 · Mar 2014March 2014 | 35,000 /yr | |
| 227 | Studio | 626 sqft | AED 751KAED 750,720 · Mar 2014March 2014 | 40,000 /yr | |
| 228 | Studio | 532 sqft | AED 639KAED 638,736 · Mar 2014March 2014 | 38,000 /yr | |
| 229 | Studio | 513 sqft | AED 615KAED 615,360 · Mar 2014March 2014 | 40,000 /yr | |
| 230 | Studio | 512 sqft | AED 614KAED 614,328 · Mar 2014March 2014 | 40,000 /yr | |
| 231 | Studio | 512 sqft | AED 615KAED 614,650 · Apr 2014April 2014 | 16,000 /yr | |
| 232 | Studio | 512 sqft | AED 614KAED 614,328 · Mar 2014March 2014 | 40,000 /yr | |
| 233 | Studio | 512 sqft | AED 563KAED 563,134 · Jun 2014June 2014 | 37,000 /yr | |
| 234 | Studio | 506 sqft | AED 463KAED 463,000 · Nov 2024November 2024 | ||
| 235 | Studio | 506 sqft | AED 506KAED 506,450 · Apr 2014April 2014 | 33,000 /yr | |
| 236 | Studio | 512 sqft | AED 563KAED 563,134 · Jul 2014July 2014 | 34,650 /yr | |
| 237 | Studio | 520 sqft | AED 468KAED 468,000 · Dec 2014December 2014 | 32,077 /yr | |
| 238 | Studio | 452 sqft | AED 407KAED 406,800 · Feb 2015February 2015 | 19,200 /yr | |
| 239 | 1-bed | 730 sqft | AED 640KAED 640,000 · Dec 2014December 2014 |
224, Madison Residences - Astor in numbers
- Sold once: by DAMAC on 18 March 2014 for AED 645,576, or AED 1,199 per sqft.
- Rented since October 2017 on 8 Ejari contracts. The rent fell from AED 37,000 to AED 24,000 in 2022 and recovered to AED 38,000 by March 2025.
- At AED 38,000 a year the gross yield on the 2014 price is 5.9%, before a service charge of about AED 9,000 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 March 2025.
Questions about 224, Madison Residences - Astor
What did unit 224 last sell for?
AED 645,576 on 18 March 2014, sold by the developer: AED 1,199 per sqft for 538 sqft. It is the only registered sale of the unit.
What is the rent for unit 224?
AED 38,000 a year on the contract renewed on 1 March 2025. The previous contract, from March 2024, was AED 33,600; the unit has been rented since October 2017.
How big is unit 224?
538 sqft (50.0 sqm): a studio on the 2nd floor of a 3-storey tower completed in 2013.
What is unit 224 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 224, Madison Residences - Astor
Starts from the last sale price (AED 646K, 18 March 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 645,576
- Deposit, UAE resident (20%)
- AED 129,115
- Deposit, non-resident (40%)
- AED 258,230
- Monthly over 25 years at 3.7%
- AED 2,641
Plus AED 32,124 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →