Studio · 506 sqftMadison Residences - Astor, Majan · 3rd floor · completed 2013

323, Madison Residences - Astor

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

Unit 323 · DLD and Ejari recordsUpdated 10 October 2025
Last soldAED 608K19 February 2015
Current rentAED 35K /yr10 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 323, Madison Residences - Astor

What is 323 worth today?

Last sold for AED 608,000 in 2015

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10 Oct 2025RentedRenewal
AED 34,650/yr12 months · AED 68 per sqft
10 Oct 2024RentedRenewal
AED 34,650/yr12 months · AED 68 per sqft
4 Jun 2023RentedNew contract
AED 26,220/yr3 months · AED 52 per sqft
4 Feb 2022RentedRenewal
AED 22,800/yr12 months · AED 45 per sqft
4 Jan 2021RentedNew contract
AED 19,000/yr13 months · AED 38 per sqft
15 Jun 2020RentedRenewal
AED 23,000/yr12 months · AED 45 per sqft
15 Jun 2019RentedNew contract
AED 26,000/yr12 months · AED 51 per sqft
13 May 2018RentedNew contract
AED 32,000/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 10 October 2025.

Key facts

Type
Studio apartment
Size
506 sqft
Floor
3rd of 3
Parking
P-53
Developer
DAMAC
Completed
2013
Service charge
AED 8,500 /yr
Last sold
AED 608K · February 2015

About 323, Madison Residences - Astor

323 is a studio of 506 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 19 February 2015 for AED 608,000, or AED 1,200 per sqft, 9% above the AED 1,100 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 10 October 2025, is AED 34,650 a year: a gross yield of 5.7% on the 2015 price, before the service charge of about AED 8,500 a year.

Sales and rents for 323 over time

Sales
Unit 323, 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, February 2015: AED 608,000 (AED 1,200 per sqft)

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

Rents
Unit 323, 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, March 2015: AED 42,000 a yearRenewal, March 2016: AED 42,000 a yearRenewal, March 2017: AED 42,000 a yearNew contract, May 2018: AED 32,000 a yearNew contract, June 2019: AED 26,000 a yearRenewal, June 2020: AED 23,000 a yearNew contract, January 2021: AED 19,000 a yearRenewal, February 2022: AED 22,800 a yearNew contract, June 2023: AED 26,220 a yearRenewal, October 2024: AED 34,650 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 323 sits

All 91 studios →

323 last sold in February 2015 at AED 1,200 per sqft, 9% above what studios in Madison Residences - Astor were fetching at the time (AED 1,100). 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. 323'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 →
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

323, Madison Residences - Astor in numbers

  • Sold once: by DAMAC on 19 February 2015 for AED 608,000, or AED 1,200 per sqft.
  • Rented since March 2015 on 11 Ejari contracts. The rent fell from AED 42,000 to AED 19,000 in 2021 and recovered to AED 34,650 by October 2025.
  • At AED 34,650 a year the gross yield on the 2015 price is 5.7%, before a service charge of about AED 8,500 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 10 October 2025.

Questions about 323, Madison Residences - Astor

What did unit 323 last sell for?

AED 608,000 on 19 February 2015, sold by the developer: AED 1,200 per sqft for 506 sqft. It is the only registered sale of the unit.

What is the rent for unit 323?

AED 34,650 a year on the contract renewed on 10 October 2025. The previous contract, from October 2024, was AED 34,650; the unit has been rented since March 2015.

How big is unit 323?

506 sqft (47.0 sqm): a studio on the 3rd floor of a 3-storey tower completed in 2013.

What is unit 323 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 323, Madison Residences - Astor

Starts from the last sale price (AED 608K, 19 February 2015). Switch to today's estimate once you have unlocked it.
Price
AED 608,000
Deposit, UAE resident (20%)
AED 121,600
Deposit, non-resident (40%)
AED 243,200
Monthly over 25 years at 3.7%
AED 2,488

Plus AED 30,546 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →