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

332, Madison Residences - Astor

Sold prices and rental history: sold once, by the developer in October 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 332 · DLD and Ejari recordsUpdated 1 December 2025
Last soldAED 512K20 October 2014
Current rentAED 34K /yr1 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 332, Madison Residences - Astor

What is 332 worth today?

Last sold for AED 511,940 in 2014

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1 Dec 2025RentedRenewal
AED 34,000/yr12 months · AED 66 per sqft
1 Dec 2024RentedRenewal
AED 30,400/yr12 months · AED 59 per sqft
1 Dec 2022RentedRenewal
AED 24,000/yr12 months · AED 47 per sqft
1 Dec 2021RentedNew contract
AED 21,000/yr12 months · AED 41 per sqft
15 Sep 2020RentedNew contract
AED 25,000/yr12 months · AED 49 per sqft
15 Sep 2018RentedRenewal
AED 35,000/yr12 months · AED 68 per sqft
15 Sep 2017RentedNew contract
AED 44,000/yr12 months · AED 85 per sqft
20 Oct 2014Sold by developerReady
AED 511,940AED 1,000 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 December 2025.

Key facts

Type
Studio apartment
Size
512 sqft
Floor
3rd of 3
Parking
P-62
Developer
DAMAC
Completed
2013
Service charge
AED 8,600 /yr
Last sold
AED 512K · October 2014

About 332, Madison Residences - Astor

332 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. The developer sold it on 20 October 2014 for AED 511,940, or AED 1,000 per sqft, 9% below the AED 1,100 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 1 December 2025, is AED 34,000 a year: a gross yield of 6.6% on the 2014 price, before the service charge of about AED 8,600 a year.

Sales and rents for 332 over time

Sales
Unit 332, 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, October 2014: AED 511,940 (AED 1,000 per sqft)

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

Rents
Unit 332, 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, September 2017: AED 44,000 a yearRenewal, September 2018: AED 35,000 a yearNew contract, September 2020: AED 25,000 a yearNew contract, December 2021: AED 21,000 a yearRenewal, December 2022: AED 24,000 a yearRenewal, December 2024: AED 30,400 a yearRenewal, December 2025: AED 34,000 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 332 sits

All 91 studios →

332 last sold in October 2014 at AED 1,000 per sqft, 9% below what studios in Madison Residences - Astor were fetching at the time (AED 1,100). 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. 332's AED 34,000 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
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 →
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

332, Madison Residences - Astor in numbers

  • Sold once: by DAMAC on 20 October 2014 for AED 511,940, or AED 1,000 per sqft.
  • Rented since September 2017 on 7 Ejari contracts. The rent fell from AED 44,000 to AED 21,000 in 2021 and recovered to AED 34,000 by December 2025.
  • At AED 34,000 a year the gross yield on the 2014 price is 6.6%, 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: YallaValue analysis of Dubai Land Department records. Updated 1 December 2025.

Questions about 332, Madison Residences - Astor

What did unit 332 last sell for?

AED 511,940 on 20 October 2014, sold by the developer: AED 1,000 per sqft for 512 sqft. It is the only registered sale of the unit.

What is the rent for unit 332?

AED 34,000 a year on the contract renewed on 1 December 2025. The previous contract, from December 2024, was AED 30,400; the unit has been rented since September 2017.

How big is unit 332?

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

What is unit 332 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 332, Madison Residences - Astor

Starts from the last sale price (AED 512K, 20 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 511,940
Deposit, UAE resident (20%)
AED 102,388
Deposit, non-resident (40%)
AED 204,776
Monthly over 25 years at 3.7%
AED 2,095

Plus AED 26,512 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →