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Studio · 466 sqftMadison Residences - Astor, Majan · 3rd floor · completed 2013

312, Madison Residences - Astor

Sold prices and rental history: sold twice, last in January 2021, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 312 · DLD and Ejari recordsUpdated 11 November 2025
Last soldAED 230K10 January 2021
Current rentAED 44K /yr11 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 312, Madison Residences - Astor

What is 312 worth today?

Last sold for AED 230,000 in 2021

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11 Nov 2025RentedNew contract
AED 44,000/yr12 months · AED 94 per sqft
9 Nov 2024RentedNew contract
AED 42,000/yr12 months · AED 90 per sqft
10 May 2023RentedNew contract
AED 25,450/yr12 months · AED 55 per sqft
10 May 2021RentedNew contract
AED 20,000/yr12 months · AED 43 per sqft
10 Jan 2021SoldReady
AED 230,000AED 493 per sqft
10 Jul 2017RentedNew contract
AED 46,874/yr12 months · AED 101 per sqft
1 Jan 2017RentedNew contract
AED 48,000/yr12 months · AED 104 per sqft
19 Apr 2016RentedNew contract
AED 32,000/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 11 November 2025.

Key facts

Type
Studio apartment
Size
466 sqft
Floor
3rd of 3
Parking
P-42
Developer
DAMAC
Completed
2013
Service charge
AED 7,800 /yr
Last sold
AED 230K · January 2021
Building
Madison Residences - Astor

About 312, Madison Residences - Astor

312 is a studio of 466 sqft on the 3rd floor of Madison Residences - Astor, a 3-storey tower in Majan completed in 2013 by DAMAC. It last sold on 10 January 2021 for AED 230,000, or AED 493 per sqft.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 11 November 2025, is AED 44,000 a year: a gross yield of 19.1% on the 2021 price, before the service charge of about AED 7,800 a year.

Sales and rents for 312 over time

Sales
Unit 312, 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 466,000 (AED 999 per sqft)Sold, January 2021: AED 230,000 (AED 493 per sqft)

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

Rents
Unit 312, 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, April 2016: AED 32,000 a yearNew contract, January 2017: AED 48,000 a yearNew contract, July 2017: AED 46,874 a yearNew contract, May 2021: AED 20,000 a yearNew contract, May 2023: AED 25,450 a yearNew contract, November 2024: AED 42,000 a yearNew contract, November 2025: AED 44,000 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 312 sits

All 91 studios →

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. 312's AED 44,000 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
1 studio sale 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. 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%
Madison Residences - Astor, Majan: prices, sales and rents →

Other units on the 3rd floor

All 116 units in Madison Residences - Astor
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
3071-bedAED 627K · Apr 2014
1–7 of 37

312, Madison Residences - Astor in numbers

  • Sold twice: first on 23 July 2014 for AED 466,000, last on 10 January 2021 for AED 230,000 (AED 493 per sqft).
  • Rented since April 2016 on 7 Ejari contracts. The rent fell from AED 32,000 to AED 20,000 in 2021 and recovered to AED 44,000 by November 2025.
  • At AED 44,000 a year the gross yield on the 2021 price is 19.1%, before a service charge of about AED 7,800 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 11 November 2025.

Questions about 312, Madison Residences - Astor

What did unit 312 last sell for?

AED 230,000 on 10 January 2021: AED 493 per sqft for 466 sqft. The unit has 2 registered sales; the first was AED 466,000 in July 2014.

What is the rent for unit 312?

AED 44,000 a year on the contract signed on 11 November 2025. The previous contract, from November 2024, was AED 42,000; the unit has been rented since April 2016.

How big is unit 312?

466 sqft (43.3 sqm): a studio on the 3rd floor of a 3-storey tower completed in 2013.

What is unit 312 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 312, Madison Residences - Astor

Starts from the last sale price (AED 230K, 10 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 230,000
Deposit, UAE resident (20%)
AED 46,000
Deposit, non-resident (40%)
AED 92,000
Monthly over 25 years at 3.7%
AED 941

Plus AED 12,570 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →