224, Madison Residences - Columbus
Sold prices and rental history: sold 3 times, last in June 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 224, Madison Residences - Columbus
What is 224 worth today?
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Source: Dubai Land Department. Updated 1 March 2023.
Key facts
- Type
- Studio apartment
- Size
- 522 sqft
- Floor
- 2nd of 3
- Parking
- G-26
- Service charge
- AED 8,700 /yr
- Last sold
- AED 250K · June 2014
- Building
- Madison Residences - Columbus
About 224, Madison Residences - Columbus
224 is a studio of 522 sqft on the 2nd floor of Madison Residences - Columbus, a 3-storey tower in Majan. It last sold on 25 June 2014 for AED 250,000, or AED 479 per sqft, 60% below the AED 1,200 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 1 March 2023, is AED 36,000 a year: a gross yield of 14.4% on the 2014 price, before the service charge of about AED 8,700 a year.
Sales and rents for 224 over time
224 has sold 3 times; the dashed line is the studio median of each year in the building.
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 224 sits
All 33 studios →224 last sold in June 2014 at AED 479 per sqft, 60% below what studios in Madison Residences - Columbus were fetching at the time (AED 1,200). 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. 224's AED 36,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Jan 202520 January 2025 | 522 sqft | 570,000 | 1,091 | ||
| 16 Jan 202516 January 2025 | 515 sqft | 420,000 | 814 | ||
| 23 Dec 202423 December 2024 | 522 sqft | 340,000 | 650 | ||
| 2 Oct 20242 October 2024 | 549 sqft | 380,000 | 692 |
Madison Residences - Columbus
Building56 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%
Other units on the 2nd floor
All 56 units in Madison Residences - Columbus| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 2-bed | 1,333 sqft | AED 620KAED 620,000 · May 2022May 2022 | 60,500 /yr | |
| 202 | 864 sqft | AED 864KAED 863,600 · Jan 2015January 2015 | 29,000 /yr | ||
| 203 | Studio | 548 sqft | AED 548KAED 548,430 · Oct 2014October 2014 | ||
| 204 | Studio | 551 sqft | AED 332KAED 331,667 · Jan 2022January 2022 | 34,000 /yr | |
| 205 | Studio | 547 sqft | AED 547KAED 546,810 · Oct 2014October 2014 | 38,588 /yr | |
| 206 | Studio | 543 sqft | AED 906KAED 906,000 · Dec 2014December 2014 | 40,000 /yr | |
| 207 | Studio | 549 sqft | AED 380KAED 380,000 · Oct 2024October 2024 | 55,000 /yr | |
| 208 | Studio | 548 sqft | AED 658KAED 658,350 · Oct 2014October 2014 | 40,000 /yr | |
| 209 | Studio | 582 sqft | AED 698KAED 698,250 · Oct 2014October 2014 | 40,000 /yr | |
| 210 | 1-bed | 1,324 sqft | AED 1.32MAED 1,324,300 · Oct 2014October 2014 | 35,000 /yr | |
| 211 | Studio | 531 sqft | AED 637KAED 636,672 · Mar 2014March 2014 | 40,000 /yr | |
| 212 | 539 sqft | AED 480KAED 480,000 · Nov 2025November 2025 | 41,400 /yr | ||
| 213 | Studio | 539 sqft | AED 539KAED 539,490 · Oct 2014October 2014 | 36,000 /yr | |
| 214 | Studio | 539 sqft | AED 647KAED 647,388 · Mar 2014March 2014 | 33,500 /yr | |
| 215 | Studio | 539 sqft | AED 647KAED 647,388 · Mar 2014March 2014 | 32,000 /yr | |
| 216 | Studio | 539 sqft | AED 647KAED 647,388 · Mar 2014March 2014 | 33,000 /yr | |
| 217 | Studio | 539 sqft | AED 400KAED 400,000 · Sep 2016September 2016 | 35,750 /yr | |
| 218 | Studio | 539 sqft | AED 440KAED 440,000 · Mar 2018March 2018 | 45,000 /yr | |
| 219 | 1-bed | 1,090 sqft | AED 750KAED 750,000 · Feb 2025February 2025 | 38,500 /yr | |
| 220 | 1-bed | 1,081 sqft | AED 700KAED 700,000 · Jan 2025January 2025 | 48,400 /yr | |
| 221 | 1-bed | 842 sqft | AED 400KAED 400,000 · Dec 2015December 2015 | 58,000 /yr | |
| 222 | 2-bed | 1,236 sqft | AED 900KAED 900,000 · Jan 2025January 2025 | 65,000 /yr | |
| 223 | 1-bed | 1,075 sqft | AED 500KAED 500,000 · May 2024May 2024 | 62,000 /yr | |
| 225 | Studio | 510 sqft | AED 510KAED 510,110 · Oct 2014October 2014 | 40,000 /yr | |
| 226 | Studio | 521 sqft | AED 373KAED 372,610 · Sep 2023September 2023 | 36,000 /yr | |
| 227 | Studio | 522 sqft | AED 570KAED 570,000 · Jan 2025January 2025 | 60,000 /yr | |
| 228 | 2-bed | 1,208 sqft | AED 495KAED 495,000 · Sep 2020September 2020 | 36,000 /yr |
224, Madison Residences - Columbus in numbers
- Sold 3 times: first on 15 June 2009 for AED 862,000, last on 25 June 2014 for AED 250,000 (AED 479 per sqft).
- Rented since October 2017 on 4 Ejari contracts. The rent fell from AED 38,000 to AED 25,000 in 2019 and recovered to AED 36,000 by March 2023.
- At AED 36,000 a year the gross yield on the 2014 price is 14.4%, before a service charge of about AED 8,700 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 2023.
Questions about 224, Madison Residences - Columbus
What did unit 224 last sell for?
AED 250,000 on 25 June 2014: AED 479 per sqft for 522 sqft. The unit has 3 registered sales; the first was AED 862,000 in June 2009.
What is the rent for unit 224?
AED 36,000 a year on the contract signed on 1 March 2023. The previous contract, from November 2019, was AED 25,000; the unit has been rented since October 2017.
How big is unit 224?
522 sqft (48.5 sqm): a studio on the 2nd floor of a 3-storey tower.
What is unit 224 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 224, Madison Residences - Columbus
Starts from the last sale price (AED 250K, 25 June 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 250,000
- Deposit, UAE resident (20%)
- AED 50,000
- Deposit, non-resident (40%)
- AED 100,000
- Monthly over 25 years at 3.7%
- AED 1,023
Plus AED 13,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →