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1-bed · 815 sqftMadison Residences - Columbus, Majan · 3rd floor

302, Madison Residences - Columbus

Sold prices and rental history: sold 3 times, last in August 2024, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 28 August 2024
Last soldAED 630K28 August 2024
Current rentAED 36K /yr20 December 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 302, Madison Residences - Columbus

What is 302 worth today?

Last sold for AED 630,000 in 2024

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28 Aug 2024SoldReady
AED 630,000AED 772 per sqft
31 Jan 2021SoldReady
AED 375,000AED 459 per sqft
20 Dec 2019RentedNew contract
AED 36,000/yr12 months · AED 44 per sqft
4 Sep 2016RentedNew contract
AED 60,000/yr12 months · AED 73 per sqft
9 Mar 2014Sold by developerReady
AED 612,000AED 750 per sqft

Source: Dubai Land Department. Updated 28 August 2024.

Key facts

Type
1-bed apartment
Size
815 sqft
Floor
3rd of 3
Parking
G-32
Service charge
AED 13,700 /yr
Last sold
AED 630K · August 2024
Building
Madison Residences - Columbus

About 302, Madison Residences - Columbus

302 is a one-bedroom apartment of 815 sqft on the 3rd floor of Madison Residences - Columbus, a 3-storey tower in Majan. It last sold on 28 August 2024 for AED 630,000, or AED 772 per sqft, 55% above the AED 499 one-beds in the building were fetching at the time.

It has been rented since 2016 on 2 Ejari contracts. The current contract, signed on 20 December 2019, is AED 36,000 a year: a gross yield of 5.7% on the 2024 price, before the service charge of about AED 13,700 a year.

Sales and rents for 302 over time

Sales
Unit 302, each saleTypical one-bed in Madison Residences - Columbus
500K1M20142017202020232026Typical sale price by year: 2014 AED 876,505; 2015 AED 1,068,390; 2024 AED 630,000; 2025 AED 750,000Sold by developer, March 2014: AED 612,000 (AED 750 per sqft)Sold, January 2021: AED 375,000 (AED 459 per sqft)Sold, August 2024: AED 630,000 (AED 772 per sqft)

302 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 302, each contractTypical one-bed in Madison Residences - Columbus
40K60K20152018202120242027Typical rent by year: 2015 AED 60,000; 2016 AED 57,000; 2017 AED 52,000; 2018 AED 48,000; 2019 AED 42,000; 2020 AED 38,000; 2021 AED 32,000; 2022 AED 32,500; 2023 AED 38,500; 2024 AED 45,000; 2025 AED 48,400; 2026 AED 62,000New contract, September 2016: AED 60,000 a yearNew contract, December 2019: AED 36,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Madison Residences - Columbus, and where 302 sits

All 12 1-beds →

302 last sold in August 2024 at AED 772 per sqft, 55% above what one-beds in Madison Residences - Columbus were fetching at the time (AED 499). Over the last 12 months one-beds sold for AED 780,000, around AED 741 per sqft, and rent for AED 43,232 to 109,500 a year. 302's AED 36,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Oct 2026780,000
30 Sep 2025800,000
3 Feb 2025750,000
30 Jan 2025700,000
1 1-bed sale 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
3012-bedAED 610K · Nov 2019
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

302, Madison Residences - Columbus in numbers

  • Sold 3 times: first on 9 March 2014 for AED 612,000, last on 28 August 2024 for AED 630,000 (AED 772 per sqft).
  • Rented since September 2016 on 2 Ejari contracts, from AED 60,000 to AED 36,000 a year.
  • At AED 36,000 a year the gross yield on the 2024 price is 5.7%, before a service charge of about AED 13,700 a year (AED 16.76 per sqft).
  • One-beds in Madison Residences - Columbus sold for AED 780,000–780,000 in the 12 months to November 2026; the building's median across all types is AED 908 per sqft.

Source: Dubai Land Department. Updated 28 August 2024.

Questions about 302, Madison Residences - Columbus

What did unit 302 last sell for?

AED 630,000 on 28 August 2024: AED 772 per sqft for 815 sqft. The unit has 3 registered sales; the first was AED 612,000 in March 2014.

What is the rent for unit 302?

AED 36,000 a year on the contract signed on 20 December 2019. The previous contract, from September 2016, was AED 60,000.

How big is unit 302?

815 sqft (75.7 sqm): a one-bedroom apartment on the 3rd floor of a 3-storey tower.

What is unit 302 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Madison Residences - Columbus sold for AED 780,000 to 780,000 in the last 12 months, around AED 741 per sqft.

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Mortgage on 302, Madison Residences - Columbus

Starts from the last sale price (AED 630K, 28 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 630,000
Deposit, UAE resident (20%)
AED 126,000
Deposit, non-resident (40%)
AED 252,000
Monthly over 25 years at 3.7%
AED 2,578

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