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

236, Madison Residences - Astor

Sold prices and rental history: sold once, by the developer in July 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 236 · DLD and Ejari recordsUpdated 12 October 2025
Last soldAED 563K23 July 2014
Current rentAED 35K /yr12 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 236, Madison Residences - Astor

What is 236 worth today?

Last sold for AED 563,134 in 2014

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12 Oct 2025RentedRenewal
AED 34,650/yr12 months · AED 68 per sqft
12 Oct 2024RentedRenewal
AED 33,000/yr12 months · AED 64 per sqft
12 Oct 2023RentedNew contract
AED 30,000/yr12 months · AED 59 per sqft
15 Sep 2022RentedRenewal
AED 21,150/yr12 months · AED 41 per sqft
15 Sep 2021RentedRenewal
AED 21,000/yr12 months · AED 41 per sqft
15 Sep 2020RentedNew contract
AED 21,000/yr12 months · AED 41 per sqft
19 Mar 2019RentedNew contract
AED 27,000/yr12 months · AED 53 per sqft
30 Nov 2017RentedRenewal
AED 42,000/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 12 October 2025.

Key facts

Type
Studio apartment
Size
512 sqft
Floor
2nd of 3
Parking
P-27
Developer
DAMAC
Completed
2013
Service charge
AED 8,600 /yr
Last sold
AED 563K · July 2014
Building
Madison Residences - Astor

About 236, Madison Residences - Astor

236 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 23 July 2014 for AED 563,134, or AED 1,100 per sqft, 4% below the AED 1,145 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 12 October 2025, is AED 34,650 a year: a gross yield of 6.2% on the 2014 price, before the service charge of about AED 8,600 a year.

Sales and rents for 236 over time

Sales
Unit 236, 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 563,134 (AED 1,100 per sqft)

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

Rents
Unit 236, each contractTypical studio in Madison Residences - Astor
20K30K40K2014201820222026Typical 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, November 2015: AED 42,000 a yearRenewal, November 2016: AED 42,000 a yearRenewal, November 2017: AED 42,000 a yearNew contract, March 2019: AED 27,000 a yearNew contract, September 2020: AED 21,000 a yearRenewal, September 2021: AED 21,000 a yearRenewal, September 2022: AED 21,150 a yearNew contract, October 2023: AED 30,000 a yearRenewal, October 2024: AED 33,000 a yearRenewal, October 2025: AED 34,650 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 236 sits

All 91 studios →

236 last sold in July 2014 at AED 1,100 per sqft, 4% 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. 236's AED 34,650 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 →

Other units on the 2nd floor

All 116 units in Madison Residences - Astor
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

236, Madison Residences - Astor in numbers

  • Sold once: by DAMAC on 23 July 2014 for AED 563,134, or AED 1,100 per sqft.
  • Rented since November 2015 on 10 Ejari contracts. The rent fell from AED 42,000 to AED 21,000 in 2021 and recovered to AED 34,650 by October 2025.
  • At AED 34,650 a year the gross yield on the 2014 price is 6.2%, 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 12 October 2025.

Questions about 236, Madison Residences - Astor

What did unit 236 last sell for?

AED 563,134 on 23 July 2014, sold by the developer: AED 1,100 per sqft for 512 sqft. It is the only registered sale of the unit.

What is the rent for unit 236?

AED 34,650 a year on the contract renewed on 12 October 2025. The previous contract, from October 2024, was AED 33,000; the unit has been rented since November 2015.

How big is unit 236?

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

What is unit 236 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 236, Madison Residences - Astor

Starts from the last sale price (AED 563K, 23 July 2014). Switch to today's estimate once you have unlocked it.
Price
AED 563,134
Deposit, UAE resident (20%)
AED 112,627
Deposit, non-resident (40%)
AED 225,254
Monthly over 25 years at 3.7%
AED 2,304

Plus AED 28,661 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →