Studio · 524 sqftMadison Residences - Columbus, Majan · 3rd floor

303, Madison Residences - Columbus

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

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Unit 303 · DLD and Ejari recordsUpdated 1 April 2024

Last soldAED 524K3 August 2014

Current rentAED 28K /yr1 April 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 303, Madison Residences - Columbus

Today

What is 303 worth today?

Last sold for AED 524,210 in 2014

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1 Apr 2024

1 Apr 2024RentedRenewal

AED 27,800/yr12 months · AED 53 per sqft

1 Apr 2023

1 Apr 2023RentedRenewal

AED 25,300/yr12 months · AED 48 per sqft

1 Apr 2022

1 Apr 2022RentedRenewal

AED 22,000/yr12 months · AED 42 per sqft

1 Apr 2021

1 Apr 2021RentedRenewal

AED 19,000/yr12 months · AED 36 per sqft

1 Apr 2020

1 Apr 2020RentedRenewal

AED 21,500/yr12 months · AED 41 per sqft

1 Jan 2019

1 Jan 2019RentedRenewal

AED 31,200/yr15 months · AED 59 per sqft

8 Nov 2016

8 Nov 2016RentedNew contract

AED 43,000/yr12 months · AED 82 per sqft

3 Aug 2014

3 Aug 2014Sold by developerReady

AED 524,210AED 1,000 per sqft

Source: Dubai Land Department. Updated 1 April 2024.

Key facts

Type: Studio apartment
Size: 524 sqft
Floor: 3rd of 3
Parking: G-33
Service charge: AED 8,800 /yr
Last sold: AED 524K · August 2014
Building: Madison Residences - Columbus

About 303, Madison Residences - Columbus

303 is a studio of 524 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 524,210, or AED 1,000 per sqft, 9% below the AED 1,100 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 1 April 2024, is AED 27,800 a year: a gross yield of 5.3% on the 2014 price, before the service charge of about AED 8,800 a year.

Sales and rents for 303 over time

Sales

Unit 303, each saleTypical studio in Madison Residences - Columbus

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

Rents

Unit 303, each contractTypical studio in Madison Residences - Columbus

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 303 sits

All 33 studios →

Studios in Madison Residences - Columbus · last 12 months889 /sqft Madison Residences - Columbus · all types889 /sqft

303 last sold in August 2014 at AED 1,000 per sqft, 9% below what studios in Madison Residences - Columbus were fetching at the time (AED 1,100). 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. 303's AED 27,800 is at the bottom of that range.

Recent studio sales	Size	Price (AED)	Per sqft
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

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 3rd floor

All 56 units in Madison Residences - Columbus


301	2-bed	1,265 sqft	AED 610KAED 610,000 · Nov 2019November 2019	80,000 /yr
302	1-bed	815 sqft	AED 630KAED 630,000 · Aug 2024August 2024	36,000 /yr
304	Studio	529 sqft	AED 582KAED 581,724 · Jun 2014June 2014	42,246 /yr
305	Studio	525 sqft	AED 578KAED 577,577 · Jun 2014June 2014	33,600 /yr
306	Studio	518 sqft	AED 390KAED 390,000 · Sep 2023September 2023	25,200 /yr
307	Studio	524 sqft	AED 629KAED 628,788 · Apr 2014April 2014	30,400 /yr
308	Studio	524 sqft	AED 867KAED 867,000 · Feb 2014February 2014
309		539 sqft	AED 374KAED 373,920 · Oct 2025October 2025	38,000 /yr
310	1-bed	1,104 sqft	AED 1.1MAED 1,103,850 · Feb 2015February 2015	42,260 /yr
311	Studio	509 sqft	AED 560KAED 559,933 · Jun 2014June 2014	24,000 /yr
312	Studio	515 sqft	AED 515KAED 515,380 · Oct 2014October 2014	28,000 /yr
313	Studio	515 sqft	AED 515KAED 515,380 · Aug 2014August 2014	42,000 /yr
314	Studio	515 sqft	AED 515KAED 515,380 · Aug 2014August 2014	37,800 /yr
315		515 sqft	AED 362KAED 362,241 · Oct 2025October 2025	45,000 /yr
316		515 sqft	AED 325KAED 325,000 · Oct 2025October 2025
317	Studio	515 sqft	AED 420KAED 420,000 · Jan 2025January 2025	32,398 /yr
318	Studio	515 sqft	AED 410KAED 410,000 · Aug 2024August 2024	38,000 /yr
319	1-bed	1,053 sqft	AED 1.05MAED 1,052,830 · Feb 2015February 2015	54,600 /yr
320	1-bed	1,053 sqft	AED 1.05MAED 1,052,610 · Oct 2014October 2014	38,000 /yr
321	1-bed	826 sqft	AED 650KAED 650,000 · Nov 2024November 2024	78,000 /yr
322	2-bed	1,227 sqft	AED 1.23MAED 1,226,880 · Apr 2014April 2014	66,150 /yr
323	1-bed	1,062 sqft	AED 760KAED 760,000 · Dec 2024December 2024	115,000 /yr
324	Studio	514 sqft	AED 514KAED 513,660 · Aug 2014August 2014	45,000 /yr
325		502 sqft	AED 480KAED 480,000 · Aug 2025August 2025	20,000 /yr
326	Studio	513 sqft	AED 616KAED 615,600 · Jun 2014June 2014	36,000 /yr
327	Studio	514 sqft	AED 257KAED 257,100 · Oct 2014October 2014	38,000 /yr
328	2-bed	1,184 sqft	AED 630KAED 630,000 · Nov 2022November 2022	75,000 /yr

1–7 of 27

303, Madison Residences - Columbus in numbers

Sold once: by the developer on 3 August 2014 for AED 524,210, or AED 1,000 per sqft.
Rented since July 2014 on 8 Ejari contracts. The rent fell from AED 43,000 to AED 19,000 in 2021 and recovered to AED 27,800 by April 2024.
At AED 27,800 a year the gross yield on the 2014 price is 5.3%, before a service charge of about AED 8,800 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 April 2024.

Questions about 303, Madison Residences - Columbus

What did unit 303 last sell for?

AED 524,210 on 3 August 2014, sold by the developer: AED 1,000 per sqft for 524 sqft. It is the only registered sale of the unit.

What is the rent for unit 303?

AED 27,800 a year on the contract renewed on 1 April 2024. The previous contract, from April 2023, was AED 25,300; the unit has been rented since July 2014.

How big is unit 303?

524 sqft (48.7 sqm): a studio on the 3rd floor of a 3-storey tower.

What is unit 303 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 303, Madison Residences - Columbus

Starts from the last sale price (AED 524K, 3 August 2014). Switch to today's estimate once you have unlocked it.

Price: AED 524,210
Deposit, UAE resident (20%): AED 104,842
Deposit, non-resident (40%): AED 209,684
Monthly over 25 years at 3.7%: AED 2,145

Plus AED 27,026 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →