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Studio · 512 sqftMadison Residences - Astor, Majan · 3rd floor · completed 2013

317, Madison Residences - Astor

Sold prices and rental history: sold 3 times, last in August 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 317 · DLD and Ejari recordsUpdated 1 January 2026
Last soldAED 448K31 August 2014
Current rentAED 35K /yr1 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 317, Madison Residences - Astor

What is 317 worth today?

Last sold for AED 448,050 in 2014

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1 Jan 2026RentedRenewal
AED 35,000/yr12 months · AED 68 per sqft
1 Jan 2026RentedRenewal
AED 37,000/yr12 months · AED 72 per sqft
1 Jan 2025RentedRenewal
AED 29,900/yr12 months · AED 58 per sqft
1 Jan 2024RentedRenewal
AED 26,000/yr12 months · AED 51 per sqft
1 Jan 2022RentedNew contract
AED 18,000/yr12 months · AED 35 per sqft
1 Nov 2017RentedRenewal
AED 42,000/yr12 months · AED 82 per sqft
1 Nov 2016RentedNew contract
AED 42,000/yr12 months · AED 82 per sqft
31 Aug 2014SoldReady
AED 448,050AED 875 per sqft

Source: Dubai Land Department. Updated 1 January 2026.

Key facts

Type
Studio apartment
Size
512 sqft
Floor
3rd of 3
Parking
P-47
Developer
DAMAC
Completed
2013
Service charge
AED 8,600 /yr
Last sold
AED 448K · August 2014
Building
Madison Residences - Astor

About 317, Madison Residences - Astor

317 is a studio of 512 sqft on the 3rd floor of Madison Residences - Astor, a 3-storey tower in Majan completed in 2013 by DAMAC. It last sold on 31 August 2014 for AED 448,050, or AED 875 per sqft, 24% below the AED 1,145 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 1 January 2026, is AED 35,000 a year: a gross yield of 7.8% on the 2014 price, before the service charge of about AED 8,600 a year.

Sales and rents for 317 over time

Sales
Unit 317, 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 2009: AED 623,000 (AED 1,216 per sqft)Sold, August 2014: AED 448,050 (AED 875 per sqft)Sold, August 2014: AED 623,000 (AED 1,216 per sqft)

317 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 317, 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, November 2016: AED 42,000 a yearRenewal, November 2017: AED 42,000 a yearNew contract, January 2022: AED 18,000 a yearRenewal, January 2024: AED 26,000 a yearRenewal, January 2025: AED 29,900 a yearRenewal, January 2026: AED 35,000 a yearRenewal, January 2026: AED 37,000 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 317 sits

All 91 studios →

317 last sold in August 2014 at AED 875 per sqft, 24% below what studios in Madison Residences - Astor were fetching at the time (AED 1,145). 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. 317's AED 35,000 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

317, Madison Residences - Astor in numbers

  • Sold 3 times: first on 7 July 2009 for AED 623,000, last on 31 August 2014 for AED 448,050 (AED 875 per sqft).
  • Rented since November 2016 on 7 Ejari contracts. The rent fell from AED 42,000 to AED 18,000 in 2022 and recovered to AED 35,000 by January 2026.
  • At AED 35,000 a year the gross yield on the 2014 price is 7.8%, before a service charge of about AED 8,600 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 January 2026.

Questions about 317, Madison Residences - Astor

What did unit 317 last sell for?

AED 448,050 on 31 August 2014: AED 875 per sqft for 512 sqft. The unit has 3 registered sales; the first was AED 623,000 in July 2009.

What is the rent for unit 317?

AED 35,000 a year on the contract renewed on 1 January 2026. The previous contract, from January 2026, was AED 37,000; the unit has been rented since November 2016.

How big is unit 317?

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

What is unit 317 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 317, Madison Residences - Astor

Starts from the last sale price (AED 448K, 31 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 448,050
Deposit, UAE resident (20%)
AED 89,610
Deposit, non-resident (40%)
AED 179,220
Monthly over 25 years at 3.7%
AED 1,833

Plus AED 21,728 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →