228, Madison Residences - Columbus
Sold prices and rental history: sold 3 times, last in September 2020, and rented once, from August 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 228, Madison Residences - Columbus
What is 228 worth today?
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Source: Dubai Land Department. Updated 1 August 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,208 sqft
- Floor
- 2nd of 3
- Parking
- G-30
- Service charge
- AED 20,200 /yr
- Last sold
- AED 495K · September 2020
- Building
- Madison Residences - Columbus
About 228, Madison Residences - Columbus
228 is a two-bedroom apartment of 1,208 sqft on the 2nd floor of Madison Residences - Columbus, a 3-storey tower in Majan. It last sold on 17 September 2020 for AED 495,000, or AED 409 per sqft.
One Ejari contract is registered, from 1 August 2021. The current contract, signed on 1 August 2021, is AED 36,000 a year: a gross yield of 7.3% on the 2020 price, before the service charge of about AED 20,200 a year.
Sales and rents for 228 over time
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Madison Residences - Columbus, and where 228 sits
All 6 2-beds →228's AED 36,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Jan 202527 January 2025 | 1,236 sqft | 900,000 | 728 | ||
| 11 Nov 202211 November 2022 | 1,184 sqft | 630,000 | 532 | ||
| 19 May 202219 May 2022 | 1,333 sqft | 620,000 | 465 | ||
| 14 Nov 201914 November 2019 | 1,265 sqft | 610,000 | 482 |
Madison Residences - Columbus
Building56 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%
Other units on the 2nd floor
All 56 units in Madison Residences - Columbus| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 2-bed | 1,333 sqft | AED 620KAED 620,000 · May 2022May 2022 | 85,000 /yr | |
| 202 | 1-bed | 864 sqft | AED 864KAED 863,600 · Jan 2015January 2015 | 109,500 /yr | |
| 203 | Studio | 548 sqft | AED 548KAED 548,430 · Oct 2014October 2014 | ||
| 204 | Studio | 551 sqft | AED 332KAED 331,667 · Jan 2022January 2022 | 34,000 /yr | |
| 205 | Studio | 547 sqft | AED 410KAED 410,000 · Jun 2026June 2026 | 38,588 /yr | |
| 206 | Studio | 543 sqft | AED 906KAED 906,000 · Dec 2014December 2014 | 40,000 /yr | |
| 207 | Studio | 549 sqft | AED 515KAED 515,000 · Jul 2026July 2026 | 55,000 /yr | |
| 208 | Studio | 548 sqft | AED 658KAED 658,350 · Oct 2014October 2014 | 40,000 /yr | |
| 209 | Studio | 582 sqft | AED 698KAED 698,250 · Oct 2014October 2014 | 40,000 /yr | |
| 210 | 1-bed | 1,324 sqft | AED 1.32MAED 1,324,300 · Oct 2014October 2014 | 35,000 /yr | |
| 211 | Studio | 531 sqft | AED 637KAED 636,672 · Mar 2014March 2014 | 40,000 /yr | |
| 212 | Studio | 539 sqft | AED 480KAED 480,000 · Nov 2025November 2025 | 41,400 /yr | |
| 213 | Studio | 539 sqft | AED 539KAED 539,490 · Oct 2014October 2014 | 36,000 /yr | |
| 214 | Studio | 539 sqft | AED 647KAED 647,388 · Mar 2014March 2014 | 38,000 /yr | |
| 215 | Studio | 539 sqft | AED 647KAED 647,388 · Mar 2014March 2014 | 32,000 /yr | |
| 216 | Studio | 539 sqft | AED 647KAED 647,388 · Mar 2014March 2014 | 34,650 /yr | |
| 217 | Studio | 539 sqft | AED 400KAED 400,000 · Sep 2016September 2016 | 36,000 /yr | |
| 218 | Studio | 539 sqft | AED 440KAED 440,000 · Mar 2018March 2018 | 54,000 /yr | |
| 219 | 1-bed | 1,090 sqft | AED 750KAED 750,000 · Feb 2025February 2025 | 38,500 /yr | |
| 220 | 1-bed | 1,081 sqft | AED 700KAED 700,000 · Jan 2025January 2025 | 48,400 /yr | |
| 221 | 1-bed | 842 sqft | AED 400KAED 400,000 · Dec 2015December 2015 | 58,000 /yr | |
| 222 | 2-bed | 1,236 sqft | AED 900KAED 900,000 · Jan 2025January 2025 | 65,000 /yr | |
| 223 | 1-bed | 1,075 sqft | AED 800KAED 800,000 · Sep 2025September 2025 | 62,000 /yr | |
| 224 | Studio | 522 sqft | AED 250KAED 250,000 · Jun 2014June 2014 | 42,000 /yr | |
| 225 | Studio | 510 sqft | AED 510KAED 510,110 · Oct 2014October 2014 | 40,000 /yr | |
| 226 | Studio | 521 sqft | AED 373KAED 372,610 · Sep 2023September 2023 | 39,600 /yr | |
| 227 | Studio | 522 sqft | AED 570KAED 570,000 · Jan 2025January 2025 | 60,000 /yr |
228, Madison Residences - Columbus in numbers
- Sold 3 times: first on 25 November 2013 for AED 897,750, last on 17 September 2020 for AED 495,000 (AED 409 per sqft).
- Rented since August 2021 on one Ejari contract, at AED 36,000 a year.
- At AED 36,000 a year the gross yield on the 2020 price is 7.3%, before a service charge of about AED 20,200 a year (AED 16.76 per sqft).
Source: Dubai Land Department. Updated 1 August 2021.
Questions about 228, Madison Residences - Columbus
What did unit 228 last sell for?
AED 495,000 on 17 September 2020: AED 409 per sqft for 1,208 sqft. The unit has 3 registered sales; the first was AED 897,750 in November 2013.
What is the rent for unit 228?
AED 36,000 a year on the contract signed on 1 August 2021.
How big is unit 228?
1,208 sqft (112.2 sqm): a two-bedroom apartment on the 2nd floor of a 3-storey tower.
What is unit 228 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 228, Madison Residences - Columbus
Starts from the last sale price (AED 495K, 17 September 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 495,000
- Deposit, UAE resident (20%)
- AED 99,000
- Deposit, non-resident (40%)
- AED 198,000
- Monthly over 25 years at 3.7%
- AED 2,025
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →