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Studio · 543 sqftMadison Residences - Columbus, Majan · 2nd floor

206, Madison Residences - Columbus

Sold prices and rental history: sold once, by the developer in December 2014, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 23 March 2025
Last soldAED 906K7 December 2014
Current rentAED 40K /yr23 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 206, Madison Residences - Columbus

What is 206 worth today?

Last sold for AED 906,000 in 2014

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23 Mar 2025RentedNew contract
AED 40,000/yr12 months · AED 74 per sqft
2 Dec 2020RentedRenewal
AED 23,000/yr12 months · AED 43 per sqft
2 Dec 2019RentedRenewal
AED 23,000/yr12 months · AED 43 per sqft
7 Dec 2014Sold by developerReady
AED 906,000AED 1,670 per sqft

Source: Dubai Land Department. Updated 23 March 2025.

Key facts

Type
Studio apartment
Size
543 sqft
Floor
2nd of 3
Parking
G-7
Service charge
AED 9,100 /yr
Last sold
AED 906K · December 2014
Building
Madison Residences - Columbus

About 206, Madison Residences - Columbus

206 is a studio of 543 sqft on the 2nd floor of Madison Residences - Columbus, a 3-storey tower in Majan. The developer sold it on 7 December 2014 for AED 906,000, or AED 1,670 per sqft, 67% above the AED 1,000 studios in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 23 March 2025, is AED 40,000 a year: a gross yield of 4.4% on the 2014 price, before the service charge of about AED 9,100 a year.

Sales and rents for 206 over time

Sales
Unit 206, each saleTypical studio in Madison Residences - Columbus
500K750K1M2014201720202023Typical sale price by year: 2014 AED 548,430; 2024 AED 380,000Sold by developer, December 2014: AED 906,000 (AED 1,670 per sqft)

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

Rents
Unit 206, each contractTypical studio in Madison Residences - Columbus
20K30K40K20152018202120242027Typical rent by year: 2015 AED 42,500; 2016 AED 43,000; 2017 AED 40,000; 2018 AED 36,000; 2019 AED 29,000; 2020 AED 24,000; 2021 AED 21,000; 2022 AED 23,000; 2023 AED 26,400; 2024 AED 34,000; 2025 AED 37,400; 2026 AED 41,123Renewal, December 2019: AED 23,000 a yearRenewal, December 2020: AED 23,000 a yearNew contract, March 2025: AED 40,000 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 206 sits

All 33 studios →

206 last sold in December 2014 at AED 1,670 per sqft, 67% above what studios in Madison Residences - Columbus were fetching at the time (AED 1,000). Over the last 12 months studios sold for AED 480,000, around AED 889 per sqft, and rent for AED 33,600 to 60,000 a year. 206's AED 40,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
20 Jan 2025570,000
16 Jan 2025420,000
23 Dec 2024340,000
2 Oct 2024380,000
1 studio sale in the last 12 months

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
202AED 864K · Jan 2015
203StudioAED 548K · Oct 2014
204StudioAED 332K · Jan 2022
205StudioAED 547K · Oct 2014
207StudioAED 380K · Oct 2024
208StudioAED 658K · Oct 2014
1–7 of 27

206, Madison Residences - Columbus in numbers

  • Sold once: by the developer on 7 December 2014 for AED 906,000, or AED 1,670 per sqft.
  • Rented since December 2019 on 3 Ejari contracts, from AED 23,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2014 price is 4.4%, before a service charge of about AED 9,100 a year (AED 16.76 per sqft).
  • Studios in Madison Residences - Columbus sold for AED 480,000–480,000 in the 12 months to November 2026; the building's median across all types is AED 889 per sqft.

Source: Dubai Land Department. Updated 23 March 2025.

Questions about 206, Madison Residences - Columbus

What did unit 206 last sell for?

AED 906,000 on 7 December 2014, sold by the developer: AED 1,670 per sqft for 543 sqft. It is the only registered sale of the unit.

What is the rent for unit 206?

AED 40,000 a year on the contract signed on 23 March 2025. The previous contract, from December 2020, was AED 23,000; the unit has been rented since December 2019.

How big is unit 206?

543 sqft (50.4 sqm): a studio on the 2nd floor of a 3-storey tower.

What is unit 206 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 480,000 to 480,000 in the last 12 months, around AED 889 per sqft.

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Mortgage on 206, Madison Residences - Columbus

Starts from the last sale price (AED 906K, 7 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 906,000
Deposit, UAE resident (20%)
AED 181,200
Deposit, non-resident (40%)
AED 362,400
Monthly over 25 years at 3.7%
AED 3,707

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