PropertyIndex

Madison Residence

Completed · Q3 2013|123 units · 1 building

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Madison Residence is a completed apartment development by DAMAC DEVELOPMENT(L L C) in Majan, Wadi Al Safa 3, comprising 123 registered units. 214 sales are registered with the Dubai Land Department, at a current PIX© price of AED 740 per sqft. At AED 740 per sqft, Madison Residence prices 52% below the Majan average of AED 1,541 per sqft on registered sales.

PIX© price · 7.2% YoY
538KAED
Typical
740AED
PSF
Gross yield
7.3%
PIX© rent ÷ PIX© price
Sale records
214
DLD · all time
Rent contracts
755
Ejari · all time
Madison Residence

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
452 – 1,907 sqft
123538K7407.2%39K7.3%
Residential
Studio · Apartment
452 – 780 sqft
99
1 Bed · Apartment
627 – 1,609 sqft
15
2 Bed · Apartment
1,167 – 1,273 sqft
3
Commercial
Shop
652 – 1,907 sqft
6
Sales — Project-Wide214 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DatePositionSizePricePSFvs Prior SaleTierType
7 Jul 2026Madison Astor · Floor 3626454,915727-1.1%StandardStandard Sale
30 Apr 2026Madison Astor · Floor 3534417,571781-21.9%StandardStandard Sale
23 Apr 2026Madison Astor · Floor 1590450,000763-37.3%StandardStandard Sale
Rentals — Project-Wide755 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 160 rentals
Floors 1-2 · 98 rentals
Floor 3 · 62 rentals
Latest contracts
Start DatePositionSizeRent / YrRent PSFvs Prior RentTierType
5 Sep 202646735,00075Standardrenewal
15 Aug 2026Madison Astor · Floor 251235,00068+6.1%Entry Levelrenewal
8 Aug 2026Madison Astor · Floor 251240,000780.0%Standardrenewal

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Majan

The closest-priced registered projects in Majan.

Common questions about Madison Residence

Answered from Dubai Land Department registered transactions.

How much does a property in Madison Residence cost?

Property in Madison Residence sells at a current PIX© price of AED 740 per sqft, or about AED 537,617 for a typical unit, based on 214 sales registered with the Dubai Land Department.

Is Madison Residence completed?

Yes. Madison Residence is recorded as completed in the Dubai Land Department project register (completed q3 2013).

Who is the developer of Madison Residence?

Madison Residence is developed by DAMAC DEVELOPMENT(L L C), the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Madison Residence?

Madison Residence yields 7.3% gross, calculated from current PIX© rent against current PIX© sale price, across 755 registered Ejari contracts.

How many units are in Madison Residence?

Madison Residence holds 123 registered units, per the Dubai Land Department unit register.

Have prices in Madison Residence gone up or down?

Price per sqft has fallen -7.2% over the last 12 months, to AED 740, across 214 registered sales.