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Studio · 551 sqftMadison Residences - Columbus, Majan · 2nd floor

204, Madison Residences - Columbus

Sold prices and rental history: sold 3 times, last in January 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 15 June 2023
Last soldAED 332K26 January 2022
Current rentAED 34K /yr15 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 204, Madison Residences - Columbus

What is 204 worth today?

Last sold for AED 331,667 in 2022

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15 Jun 2023RentedNew contract
AED 34,000/yr12 months · AED 62 per sqft
26 Jan 2022SoldReady
AED 331,667AED 601 per sqft
15 Sep 2020RentedNew contract
AED 22,000/yr12 months · AED 40 per sqft
1 Sep 2019RentedRenewal
AED 29,000/yr12 months · AED 53 per sqft
1 Sep 2018RentedRenewal
AED 37,000/yr12 months · AED 67 per sqft
1 Sep 2017RentedRenewal
AED 40,000/yr12 months · AED 73 per sqft
1 Sep 2016RentedNew contract
AED 40,000/yr12 months · AED 73 per sqft
1 Mar 2015RentedNew contract
AED 43,124/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 15 June 2023.

Key facts

Type
Studio apartment
Size
551 sqft
Floor
2nd of 3
Parking
G-5
Service charge
AED 9,200 /yr
Last sold
AED 332K · January 2022
Building
Madison Residences - Columbus

About 204, Madison Residences - Columbus

204 is a studio of 551 sqft on the 2nd floor of Madison Residences - Columbus, a 3-storey tower in Majan. It last sold on 26 January 2022 for AED 331,667, or AED 601 per sqft.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 15 June 2023, is AED 34,000 a year: a gross yield of 10.3% on the 2022 price, before the service charge of about AED 9,200 a year.

Sales and rents for 204 over time

Sales
Unit 204, each saleTypical studio in Madison Residences - Columbus
250K500K750K2010201520202025Typical sale price by year: 2014 AED 543,150; 2024 AED 380,000; 2025 AED 420,000; 2026 AED 492,500Sold by developer, February 2010: AED 862,000 (AED 1,564 per sqft)Sold, October 2014: AED 862,000 (AED 1,564 per sqft)Sold, January 2022: AED 331,667 (AED 601 per sqft)

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

Rents
Unit 204, each contractTypical studio in Madison Residences - Columbus
20K40K20152018202120242027Typical rent by year: 2015 AED 42,500; 2016 AED 42,000; 2017 AED 40,000; 2018 AED 36,000; 2019 AED 28,500; 2020 AED 24,000; 2021 AED 21,000; 2022 AED 23,000; 2023 AED 26,475; 2024 AED 34,000; 2025 AED 37,400; 2026 AED 40,000New contract, March 2015: AED 43,124 a yearNew contract, September 2016: AED 40,000 a yearRenewal, September 2017: AED 40,000 a yearRenewal, September 2018: AED 37,000 a yearRenewal, September 2019: AED 29,000 a yearNew contract, September 2020: AED 22,000 a yearNew contract, June 2023: 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 - Columbus, and where 204 sits

All 38 studios →

Over the last 12 months studios sold for AED 410,000 to 515,000, around AED 927 per sqft, and rent for AED 25,000 to 60,000 a year. 204's AED 34,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
1 Oct 2026485,000
25 Sep 2026500,000
22 Jul 2026515,000
12 Jun 2026410,000
5 studio sales in the last 12 months

Madison Residences - Columbus

Building

56 apartments, studios to 2-bed over 3 floors in Majan. 6 sold in the last 12 months.

Typical price per sqft
AED 908
Typical sale
AED 493K
Typical rent
AED 40K /yr
Typical yield
7.8%
Madison Residences - Columbus, Majan: prices, sales and rents →

Other units on the 2nd floor

All 56 units in Madison Residences - Columbus
Value
2012-bedAED 620K · May 2022
2021-bedAED 864K · Jan 2015
203StudioAED 548K · Oct 2014
205StudioAED 410K · Jun 2026
206StudioAED 906K · Dec 2014
207StudioAED 515K · Jul 2026
208StudioAED 658K · Oct 2014
1–7 of 27

204, Madison Residences - Columbus in numbers

  • Sold 3 times: first on 23 February 2010 for AED 862,000, last on 26 January 2022 for AED 331,667 (AED 601 per sqft).
  • Rented since March 2015 on 7 Ejari contracts. The rent fell from AED 43,124 to AED 22,000 in 2020 and recovered to AED 34,000 by June 2023.
  • At AED 34,000 a year the gross yield on the 2022 price is 10.3%, before a service charge of about AED 9,200 a year (AED 16.76 per sqft).
  • Studios in Madison Residences - Columbus sold for AED 410,000–515,000 in the 12 months to November 2026; the building's median across all types is AED 908 per sqft.

Source: Dubai Land Department. Updated 15 June 2023.

Questions about 204, Madison Residences - Columbus

What did unit 204 last sell for?

AED 331,667 on 26 January 2022: AED 601 per sqft for 551 sqft. The unit has 3 registered sales; the first was AED 862,000 in February 2010.

What is the rent for unit 204?

AED 34,000 a year on the contract signed on 15 June 2023. The previous contract, from September 2020, was AED 22,000; the unit has been rented since March 2015.

How big is unit 204?

551 sqft (51.2 sqm): a studio on the 2nd floor of a 3-storey tower.

What is unit 204 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Madison Residences - Columbus sold for AED 410,000 to 515,000 in the last 12 months, around AED 927 per sqft.

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Mortgage on 204, Madison Residences - Columbus

Starts from the last sale price (AED 332K, 26 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 331,667
Deposit, UAE resident (20%)
AED 66,333
Deposit, non-resident (40%)
AED 132,667
Monthly over 25 years at 3.7%
AED 1,357

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →