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Studio · 514 sqftMadison Residences - Columbus, Majan · 3rd floor

324, Madison Residences - Columbus

Sold prices and rental history: sold once, by the developer in August 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 324 · DLD and Ejari recordsUpdated 10 October 2026
Last soldAED 514K3 August 2014
Current rentAED 43K /yr10 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 324, Madison Residences - Columbus

What is 324 worth today?

Last sold for AED 513,660 in 2014

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10 Oct 2026RentedRenewal
AED 43,000/yr12 months · AED 83 per sqft
10 Oct 2025RentedNew contract
AED 45,000/yr12 months · AED 87 per sqft
28 Dec 2023RentedRenewal
AED 25,926/yr10 months · AED 51 per sqft
28 Dec 2022RentedNew contract
AED 26,000/yr12 months · AED 51 per sqft
10 Dec 2021RentedRenewal
AED 23,000/yr12 months · AED 45 per sqft
10 Dec 2020RentedRenewal
AED 20,000/yr12 months · AED 39 per sqft
10 Dec 2019RentedNew contract
AED 26,000/yr12 months · AED 50 per sqft
1 Jun 2019RentedRenewal
AED 30,000/yr6 months · AED 58 per sqft

Source: Dubai Land Department. Updated 10 October 2026.

Key facts

Type
Studio apartment
Size
514 sqft
Floor
3rd of 3
Parking
G-54
Service charge
AED 8,600 /yr
Last sold
AED 514K · August 2014
Building
Madison Residences - Columbus

About 324, Madison Residences - Columbus

324 is a studio of 514 sqft on the 3rd floor of Madison Residences - Columbus, a 3-storey tower in Majan. The developer sold it on 3 August 2014 for AED 513,660, or AED 1,000 per sqft, in line with the AED 1,000 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 11 Ejari contracts. The current contract, renewed on 10 October 2026, is AED 43,000 a year: a gross yield of 8.4% on the 2014 price, before the service charge of about AED 8,600 a year.

Sales and rents for 324 over time

Sales
Unit 324, each saleTypical studio in Madison Residences - Columbus
400K500K2014201820222026Typical sale price by year: 2014 AED 543,150; 2024 AED 380,000; 2025 AED 420,000; 2026 AED 492,500Sold by developer, August 2014: AED 513,660 (AED 1,000 per sqft)

324 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 324, each contractTypical studio in Madison Residences - Columbus
20K40K2015201920232027Typical 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, October 2016: AED 45,877 a yearNew contract, June 2017: AED 42,000 a yearRenewal, June 2018: AED 39,000 a yearRenewal, June 2019: AED 30,000 a yearNew contract, December 2019: AED 26,000 a yearRenewal, December 2020: AED 20,000 a yearRenewal, December 2021: AED 23,000 a yearNew contract, December 2022: AED 26,000 a yearRenewal, December 2023: AED 25,926 a yearNew contract, October 2025: AED 45,000 a yearRenewal, October 2026: AED 43,000 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 324 sits

All 38 studios →

324 last sold in August 2014 at AED 1,000 per sqft, in line with what studios in Madison Residences - Columbus were fetching at the time (AED 1,000). 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. 324's AED 43,000 is in the upper 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 3rd floor

All 56 units in Madison Residences - Columbus
Value
3012-bedAED 610K · Nov 2019
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
1–7 of 27

324, Madison Residences - Columbus in numbers

  • Sold once: by the developer on 3 August 2014 for AED 513,660, or AED 1,000 per sqft.
  • Rented since October 2016 on 11 Ejari contracts. The rent fell from AED 45,877 to AED 20,000 in 2020 and recovered to AED 43,000 by October 2026.
  • At AED 43,000 a year the gross yield on the 2014 price is 8.4%, before a service charge of about AED 8,600 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 10 October 2026.

Questions about 324, Madison Residences - Columbus

What did unit 324 last sell for?

AED 513,660 on 3 August 2014, sold by the developer: AED 1,000 per sqft for 514 sqft. It is the only registered sale of the unit.

What is the rent for unit 324?

AED 43,000 a year on the contract renewed on 10 October 2026. The previous contract, from October 2025, was AED 45,000; the unit has been rented since October 2016.

How big is unit 324?

514 sqft (47.8 sqm): a studio on the 3rd floor of a 3-storey tower.

What is unit 324 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 324, Madison Residences - Columbus

Starts from the last sale price (AED 514K, 3 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 513,660
Deposit, UAE resident (20%)
AED 102,732
Deposit, non-resident (40%)
AED 205,464
Monthly over 25 years at 3.7%
AED 2,102

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