Studio · 539 sqftMadison Residences - Columbus, Majan · 2nd floor

217, Madison Residences - Columbus

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

Unit 217 · DLD and Ejari recordsUpdated 1 March 2025
Last soldAED 400K5 September 2016
Current rentAED 36K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 217, Madison Residences - Columbus

What is 217 worth today?

Last sold for AED 400,000 in 2016

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1 Mar 2025RentedNew contract
AED 35,750/yr12 months · AED 66 per sqft
1 Mar 2024RentedNew contract
AED 34,000/yr12 months · AED 63 per sqft
25 Nov 2023RentedRenewal
AED 25,875/yr12 months · AED 48 per sqft
25 Nov 2022RentedRenewal
AED 22,500/yr12 months · AED 42 per sqft
25 Nov 2021RentedNew contract
AED 21,000/yr12 months · AED 39 per sqft
10 Aug 2020RentedRenewal
AED 23,000/yr12 months · AED 43 per sqft
10 Aug 2019RentedNew contract
AED 25,000/yr12 months · AED 46 per sqft
12 May 2018RentedNew contract
AED 33,000/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 1 March 2025.

Key facts

Type
Studio apartment
Size
539 sqft
Floor
2nd of 3
Parking
G-19
Service charge
AED 9,000 /yr
Last sold
AED 400K · September 2016

About 217, Madison Residences - Columbus

217 is a studio of 539 sqft on the 2nd floor of Madison Residences - Columbus, a 3-storey tower in Majan. It last sold on 5 September 2016 for AED 400,000, or AED 741 per sqft.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, signed on 1 March 2025, is AED 35,750 a year: a gross yield of 8.9% on the 2016 price, before the service charge of about AED 9,000 a year.

Sales and rents for 217 over time

Sales
Unit 217, each saleTypical studio in Madison Residences - Columbus
400K500K2014201720202023Typical sale price by year: 2014 AED 548,430; 2024 AED 380,000Sold by developer, August 2014: AED 539,490 (AED 1,000 per sqft)Sold, September 2016: AED 400,000 (AED 741 per sqft)

217 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 217, each contractTypical studio in Madison Residences - Columbus
20K40K20152018202120242027Typical 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 41,123New contract, February 2015: AED 44,000 a yearNew contract, February 2016: AED 44,000 a yearNew contract, October 2017: AED 35,000 a yearNew contract, May 2018: AED 33,000 a yearNew contract, August 2019: AED 25,000 a yearRenewal, August 2020: AED 23,000 a yearNew contract, November 2021: AED 21,000 a yearRenewal, November 2022: AED 22,500 a yearRenewal, November 2023: AED 25,875 a yearNew contract, March 2024: AED 34,000 a yearNew contract, March 2025: AED 35,750 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 217 sits

All 33 studios →

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. 217's AED 35,750 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 →
Value
2012-bedAED 620K · May 2022
202AED 864K · Jan 2015
203StudioAED 548K · Oct 2014
204StudioAED 332K · Jan 2022
205StudioAED 547K · Oct 2014
206StudioAED 906K · Dec 2014
207StudioAED 380K · Oct 2024
1–7 of 27

217, Madison Residences - Columbus in numbers

  • Sold twice: first on 3 August 2014 for AED 539,490, last on 5 September 2016 for AED 400,000 (AED 741 per sqft).
  • Rented since February 2015 on 11 Ejari contracts. The rent fell from AED 44,000 to AED 21,000 in 2021 and recovered to AED 35,750 by March 2025.
  • At AED 35,750 a year the gross yield on the 2016 price is 8.9%, before a service charge of about AED 9,000 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 1 March 2025.

Questions about 217, Madison Residences - Columbus

What did unit 217 last sell for?

AED 400,000 on 5 September 2016: AED 741 per sqft for 539 sqft. The unit has 2 registered sales; the first was AED 539,490 in August 2014.

What is the rent for unit 217?

AED 35,750 a year on the contract signed on 1 March 2025. The previous contract, from March 2024, was AED 34,000; the unit has been rented since February 2015.

How big is unit 217?

539 sqft (50.1 sqm): a studio on the 2nd floor of a 3-storey tower.

What is unit 217 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 217, Madison Residences - Columbus

Starts from the last sale price (AED 400K, 5 September 2016). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

Plus AED 19,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →