306, Madison Residences - Columbus
Sold prices and rental history: sold twice, last in September 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 306, Madison Residences - Columbus
What is 306 worth today?
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Source: Dubai Land Department. Updated 14 September 2023.
Key facts
- Type
- Studio apartment
- Size
- 518 sqft
- Floor
- 3rd of 3
- Parking
- G-36
- Service charge
- AED 8,700 /yr
- Last sold
- AED 390K · September 2023
- Building
- Madison Residences - Columbus
About 306, Madison Residences - Columbus
306 is a studio of 518 sqft on the 3rd floor of Madison Residences - Columbus, a 3-storey tower in Majan. It last sold on 14 September 2023 for AED 390,000, or AED 752 per sqft.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 1 May 2023, is AED 25,200 a year: a gross yield of 6.5% on the 2023 price, before the service charge of about AED 8,700 a year.
Sales and rents for 306 over time
306 has sold twice; 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 306 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. 306's AED 25,200 is at the bottom 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 3rd floor
All 56 units in Madison Residences - Columbus| ValueToday's value | |||||
|---|---|---|---|---|---|
| 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 | |
| 303 | Studio | 524 sqft | AED 524KAED 524,210 · Aug 2014August 2014 | 27,800 /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 | |
| 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 |
306, Madison Residences - Columbus in numbers
- Sold twice: first on 4 September 2014 for AED 284,878, last on 14 September 2023 for AED 390,000 (AED 752 per sqft).
- Rented since May 2018 on 6 Ejari contracts. The rent fell from AED 32,000 to AED 20,000 in 2021 and recovered to AED 25,200 by May 2023.
- At AED 25,200 a year the gross yield on the 2023 price is 6.5%, 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 14 September 2023.
Questions about 306, Madison Residences - Columbus
What did unit 306 last sell for?
AED 390,000 on 14 September 2023: AED 752 per sqft for 518 sqft. The unit has 2 registered sales; the first was AED 284,878 in September 2014.
What is the rent for unit 306?
AED 25,200 a year on the contract renewed on 1 May 2023. The previous contract, from May 2022, was AED 22,000; the unit has been rented since May 2018.
How big is unit 306?
518 sqft (48.1 sqm): a studio on the 3rd floor of a 3-storey tower.
What is unit 306 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 306, Madison Residences - Columbus
Starts from the last sale price (AED 390K, 14 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 390,000
- Deposit, UAE resident (20%)
- AED 78,000
- Deposit, non-resident (40%)
- AED 156,000
- Monthly over 25 years at 3.7%
- AED 1,596
Plus AED 19,290 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →