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2-bed · 1,265 sqftMadison Residences - Columbus, Majan · 3rd floor

301, Madison Residences - Columbus

Sold prices and rental history: sold twice, last in November 2019, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 14 November 2019
Last soldAED 610K14 November 2019
Current rentAED 80K /yr1 May 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 301, Madison Residences - Columbus

What is 301 worth today?

Last sold for AED 610,000 in 2019

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14 Nov 2019SoldReady
AED 610,000AED 482 per sqft
1 May 2016RentedNew contract
AED 80,000/yr12 months · AED 63 per sqft
1 Jan 2015RentedNew contract
AED 75,000/yr12 months · AED 59 per sqft
4 May 2014Sold by developerReady
AED 948,750AED 750 per sqft

Source: Dubai Land Department. Updated 14 November 2019.

Key facts

Type
2-bed apartment
Size
1,265 sqft
Floor
3rd of 3
Parking
G-31
Service charge
AED 21,200 /yr
Last sold
AED 610K · November 2019
Building
Madison Residences - Columbus

About 301, Madison Residences - Columbus

301 is a two-bedroom apartment of 1,265 sqft on the 3rd floor of Madison Residences - Columbus, a 3-storey tower in Majan. It last sold on 14 November 2019 for AED 610,000, or AED 482 per sqft.

It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 1 May 2016, is AED 80,000 a year: a gross yield of 13.1% on the 2019 price, before the service charge of about AED 21,200 a year.

Sales and rents for 301 over time

Rents
Unit 301, each contractTypical two-bed in Madison Residences - Columbus
40K60K80K20152018202120242027Typical rent by year: 2015 AED 80,000; 2021 AED 38,000; 2023 AED 53,000; 2024 AED 64,000; 2025 AED 66,150; 2026 AED 75,000New contract, January 2015: AED 75,000 a yearNew contract, May 2016: AED 80,000 a year

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 301 sits

All 6 2-beds →

301's AED 80,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
27 Jan 2025900,000
11 Nov 2022630,000
19 May 2022620,000
17 Sep 2020495,000
0 2-bed 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 3rd floor

All 56 units in Madison Residences - Columbus
Value
3021-bedAED 630K · Aug 2024
303StudioAED 524K · Aug 2014
304StudioAED 582K · Jun 2014
305StudioAED 578K · Jun 2014
306StudioAED 390K · Sep 2023
307StudioAED 629K · Apr 2014
308StudioAED 867K · Feb 2014
1–7 of 27

301, Madison Residences - Columbus in numbers

  • Sold twice: first on 4 May 2014 for AED 948,750, last on 14 November 2019 for AED 610,000 (AED 482 per sqft).
  • Rented since January 2015 on 2 Ejari contracts, from AED 75,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2019 price is 13.1%, before a service charge of about AED 21,200 a year (AED 16.76 per sqft).

Source: Dubai Land Department. Updated 14 November 2019.

Questions about 301, Madison Residences - Columbus

What did unit 301 last sell for?

AED 610,000 on 14 November 2019: AED 482 per sqft for 1,265 sqft. The unit has 2 registered sales; the first was AED 948,750 in May 2014.

What is the rent for unit 301?

AED 80,000 a year on the contract signed on 1 May 2016. The previous contract, from January 2015, was AED 75,000.

How big is unit 301?

1,265 sqft (117.5 sqm): a two-bedroom apartment on the 3rd floor of a 3-storey tower.

What is unit 301 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 301, Madison Residences - Columbus

Starts from the last sale price (AED 610K, 14 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 610,000
Deposit, UAE resident (20%)
AED 122,000
Deposit, non-resident (40%)
AED 244,000
Monthly over 25 years at 3.7%
AED 2,496

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