Madison Astor in Majan - Dubai residental property project
Cap rates, sales prices, rents and deal volumes
Rents in Madison Astor
Rooms
Size, sqm
Rent, AED/sqm/ year
Rent, AED
2
118
678
80,000
The cap rate (rental yield) of investments into Madison Astor project is 7.4% on average.
The price of an apartment in Madison Astor is 9,196 AED/sqm on average.
The long term rent of an apartment in Madison Astor is 678 AED/sqm/year on average.
Rent for 2 bedroom apartment in Madison Astor is 80,000 AED or 678 AED/sqm.
About Madison Astor
'Madison Astor' in 'Majan' area project description
Madison Astor is a low-rise residential complex located in Majan, Dubailand, comprising two structures with three and four stories respectively. The project was launched by DAMAC Properties in 2015 and is currently completed and ready for occupancy.
Architecture and Design
The development features Manhattan-style architecture from the 20th century, creating a distinctive aesthetic within the Majan community. The buildings are designed as a cohesive residential community with modern amenities integrated throughout.
Unit Layout
Madison Astor offers a diverse mix of residential units to accommodate various lifestyle needs. The complex includes studios, one-bedroom, and two-bedroom apartments. Studio units range from 452 to 652 square feet, while one-bedroom apartments measure approximately 730 square feet. The largest units reach up to 1,609 square feet. All units feature large windows, balconies, built-in kitchen furniture with light-colored cabinets, and are connected to the building's central air conditioning system.
Amenities and Facilities
Residents have access to comprehensive amenities including a rooftop pool, gymnasium, and fitness facilities. A large convenience store and supermarket are located on the ground and basement levels, providing easy access to daily essentials. The complex offers parking facilities, security services, and elevator access throughout the building.
Location and Accessibility
Madison Astor is situated just off Sheikh Mohammed Bin Zayed Road in Majan, providing excellent connectivity to the rest of Dubai. The location offers easy access to major destinations including Mall of the Emirates, Dubai Sports City, and Global Village. The area is served by major highways including Emirates Road and Dubai Al Ain Road, facilitating travel across the city.
Surrounding Area
The Majan community is well-developed with access to dining, shopping, entertainment, healthcare, and educational services. Several schools operate in the vicinity, including Gems Wellington Academy, Repton Al Barsha, and GEMS New Millennium School, all offering British curriculum education. The area is popular among families with children and visitors seeking proximity to major attractions.
Nearby Projects
Dubailand is adjacent to several notable developments including Arabian Ranches and Dubai Silicon Oasis. The broader Dubailand area is experiencing planned infrastructure development, with authorities planning the Golden Metro Line to connect the district with the rest of Dubai's public transportation network.
Q&A on Madison Astor
What projects are better than 'Madison Astor' project in Dubai which are located close by, and why?
Al Barari Community: Known for its luxurious villas and green spaces, Al Barari offers a higher standard of living with extensive landscaping, themed gardens, and sustainability initiatives.
Arjan: Arjan is a developing area close to Majan with several modern residential and commercial projects. It boasts better connectivity and proximity to attractions like Dubai Miracle Garden.
Dubai Sports City: While primarily a sports-oriented community, it offers a diverse range of residential options, and amenities, and is well-connected to major highways.
Jumeirah Village Circle (JVC): Popular for its affordability and well-planned layout, JVC offers numerous residential projects with various lifestyle amenities like parks, retail outlets, and dining options.
Tilal Al Ghaf: A newer mixed-use development featuring villas, townhouses, and apartments, providing lagoon and beach access along with community-centric amenities.
What are the closest schools to 'Madison Astor' project in Dubai?
GEMS Winchester School, located in Dubailand The Aquila School, situated in Dubailand Fairgreen International School, found in The Sustainable City Nord Anglia International School, based in Al Barsha South GEMS Metropole School, located in Motor City