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864 sqftMadison Residences - Columbus, Majan · 2nd floor

202, Madison Residences - Columbus

Sold prices and rental history: sold once, by the developer in January 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 1 December 2023
Last soldAED 864K14 January 2015
Current rentAED 29K /yr1 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 202, Madison Residences - Columbus

What is 202 worth today?

Last sold for AED 863,600 in 2015

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1 Dec 2023RentedRenewal
AED 29,000/yr12 months · AED 34 per sqft
1 Dec 2021RentedRenewal
AED 23,000/yr12 months · AED 27 per sqft
29 Nov 2018RentedNew contract
AED 42,000/yr12 months · AED 49 per sqft
8 Sep 2016RentedNew contract
AED 75,580/yr12 months · AED 88 per sqft
14 Jan 2015Sold by developerReady
AED 863,600AED 1,000 per sqft

Source: Dubai Land Department. Updated 1 December 2023.

Key facts

Type
Apartment
Size
864 sqft
Floor
2nd of 3
Parking
G-3
Service charge
AED 14,500 /yr
Last sold
AED 864K · January 2015
Building
Madison Residences - Columbus

About 202, Madison Residences - Columbus

202 is an apartment of 864 sqft on the 2nd floor of Madison Residences - Columbus, a 3-storey tower in Majan. The developer sold it on 14 January 2015 for AED 863,600, or AED 1,000 per sqft.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, renewed on 1 December 2023, is AED 29,000 a year: a gross yield of 3.4% on the 2015 price, before the service charge of about AED 14,500 a year.

Madison Residences - Columbus

Building

56 apartments, studios to 2-bed over 3 floors in Majan. 1 sold in the last 12 months.

Typical price per sqft
AED 889
Typical sale
AED 480K
Typical rent
AED 42K /yr
Typical yield
8.5%
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
203StudioAED 548K · Oct 2014
204StudioAED 332K · Jan 2022
205StudioAED 547K · Oct 2014
206StudioAED 906K · Dec 2014
207StudioAED 380K · Oct 2024
208StudioAED 658K · Oct 2014
1–7 of 27

202, Madison Residences - Columbus in numbers

  • Sold once: by the developer on 14 January 2015 for AED 863,600, or AED 1,000 per sqft.
  • Rented since September 2016 on 4 Ejari contracts. The rent fell from AED 75,580 to AED 23,000 in 2021 and recovered to AED 29,000 by December 2023.
  • At AED 29,000 a year the gross yield on the 2015 price is 3.4%, before a service charge of about AED 14,500 a year (AED 16.76 per sqft).

Source: Dubai Land Department. Updated 1 December 2023.

Questions about 202, Madison Residences - Columbus

What did unit 202 last sell for?

AED 863,600 on 14 January 2015, sold by the developer: AED 1,000 per sqft for 864 sqft. It is the only registered sale of the unit.

What is the rent for unit 202?

AED 29,000 a year on the contract renewed on 1 December 2023. The previous contract, from December 2021, was AED 23,000; the unit has been rented since September 2016.

How big is unit 202?

864 sqft (80.3 sqm): an apartment on the 2nd floor of a 3-storey tower.

What is unit 202 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 202, Madison Residences - Columbus

Starts from the last sale price (AED 864K, 14 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 863,600
Deposit, UAE resident (20%)
AED 172,720
Deposit, non-resident (40%)
AED 345,440
Monthly over 25 years at 3.7%
AED 3,533

Plus AED 41,281 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →