1-bed · 627 sqftMadison Residences - Astor, Majan · 3rd floor · completed 2013

307, Madison Residences - Astor

Sold prices and rental history: sold once, by the developer in April 2014, and rented once, from December 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 2 December 2024
Last soldAED 627K30 April 2014
Current rentAED 35K /yr2 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, Madison Residences - Astor

What is 307 worth today?

Last sold for AED 627,000 in 2014

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2 Dec 2024RentedNew contract
AED 35,000/yr12 months · AED 56 per sqft
30 Apr 2014Sold by developerReady
AED 627,000AED 1,000 per sqft

Source: Dubai Land Department. Updated 2 December 2024.

Key facts

Type
1-bed apartment
Size
627 sqft
Floor
3rd of 3
Parking
P-37
Developer
DAMAC
Completed
2013
Service charge
AED 10,500 /yr
Last sold
AED 627K · April 2014

About 307, Madison Residences - Astor

307 is a one-bedroom apartment of 627 sqft on the 3rd floor of Madison Residences - Astor, a 3-storey tower in Majan completed in 2013 by DAMAC. The developer sold it on 30 April 2014 for AED 627,000, or AED 1,000 per sqft, in line with the AED 975 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 2 December 2024. The current contract, signed on 2 December 2024, is AED 35,000 a year: a gross yield of 5.6% on the 2014 price, before the service charge of about AED 10,500 a year.

Sales and rents for 307 over time

Sales
Unit 307, each saleTypical one-bed in Madison Residences - Astor
500K600K700K2013201620192022Typical sale price by year: 2013 AED 642,585; 2014 AED 730,550; 2023 AED 530,000Sold by developer, April 2014: AED 627,000 (AED 1,000 per sqft)

307 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 307, each contractTypical one-bed in Madison Residences - Astor
40K60K2015201820212024Typical rent by year: 2015 AED 59,000; 2016 AED 59,669; 2017 AED 55,074; 2018 AED 44,000; 2019 AED 34,000; 2020 AED 29,000; 2021 AED 31,500; 2022 AED 30,000; 2023 AED 38,250; 2024 AED 46,200; 2025 AED 43,100New contract, December 2024: AED 35,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Madison Residences - Astor, and where 307 sits

All 15 1-beds →

307 last sold in April 2014 at AED 1,000 per sqft, in line with what one-beds in Madison Residences - Astor were fetching at the time (AED 975).

Recent 1-bed salesUnit no.Price (AED)Summary
7 Nov 20241,000,000
24 Jan 2024780,000
10 Nov 2023530,000
4 Oct 2023655,000
0 1-bed 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
3012-bedAED 1.17M · Apr 2014
302StudioAED 505K · Oct 2014
303StudioAED 400K · Sep 2016
304AED 485K · Nov 2025
305StudioAED 563K · Jun 2014
306StudioAED 534K · Oct 2014
3081-bedAED 1M · Jul 2014
1–7 of 37

307, Madison Residences - Astor in numbers

  • Sold once: by DAMAC on 30 April 2014 for AED 627,000, or AED 1,000 per sqft.
  • Rented since December 2024 on one Ejari contract, at AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2014 price is 5.6%, before a service charge of about AED 10,500 a year (AED 16.76 per sqft).

Source: Dubai Land Department. Updated 2 December 2024.

Questions about 307, Madison Residences - Astor

What did unit 307 last sell for?

AED 627,000 on 30 April 2014, sold by the developer: AED 1,000 per sqft for 627 sqft. It is the only registered sale of the unit.

What is the rent for unit 307?

AED 35,000 a year on the contract signed on 2 December 2024.

How big is unit 307?

627 sqft (58.3 sqm): a one-bedroom apartment on the 3rd floor of a 3-storey tower completed in 2013.

What is unit 307 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 307, Madison Residences - Astor

Starts from the last sale price (AED 627K, 30 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 627,000
Deposit, UAE resident (20%)
AED 125,400
Deposit, non-resident (40%)
AED 250,800
Monthly over 25 years at 3.7%
AED 2,565

Plus AED 31,344 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →