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

307, Madison Residences - Columbus

Sold prices and rental history: sold once, by the developer in April 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 15 March 2025
Last soldAED 629K29 April 2014
Current rentAED 30K /yr15 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, Madison Residences - Columbus

What is 307 worth today?

Last sold for AED 628,788 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Mar 2025RentedRenewal
AED 30,400/yr12 months · AED 58 per sqft
15 Mar 2024RentedRenewal
AED 26,400/yr12 months · AED 50 per sqft
15 Mar 2023RentedRenewal
AED 24,000/yr12 months · AED 46 per sqft
15 Mar 2022RentedNew contract
AED 21,000/yr12 months · AED 40 per sqft
1 Mar 2021RentedNew contract
AED 19,000/yr12 months · AED 36 per sqft
10 Mar 2020RentedNew contract
AED 27,000/yr12 months · AED 52 per sqft
10 Mar 2019RentedNew contract
AED 31,000/yr12 months · AED 59 per sqft
1 Mar 2017RentedNew contract
AED 40,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 15 March 2025.

Key facts

Type
Studio apartment
Size
524 sqft
Floor
3rd of 3
Parking
G-37
Service charge
AED 8,800 /yr
Last sold
AED 629K · April 2014

About 307, Madison Residences - Columbus

307 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 29 April 2014 for AED 628,788, or AED 1,200 per sqft, in line with the AED 1,200 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 15 March 2025, is AED 30,400 a year: a gross yield of 4.8% on the 2014 price, before the service charge of about AED 8,800 a year.

Sales and rents for 307 over time

Sales
Unit 307, each saleTypical studio in Madison Residences - Columbus
400K600K2014201720202023Typical sale price by year: 2014 AED 548,430; 2024 AED 380,000Sold by developer, April 2014: AED 628,788 (AED 1,200 per sqft)

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

Rents
Unit 307, 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, March 2017: AED 40,000 a yearNew contract, March 2019: AED 31,000 a yearNew contract, March 2020: AED 27,000 a yearNew contract, March 2021: AED 19,000 a yearNew contract, March 2022: AED 21,000 a yearRenewal, March 2023: AED 24,000 a yearRenewal, March 2024: AED 26,400 a yearRenewal, March 2025: AED 30,400 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 307 sits

All 33 studios →

307 last sold in April 2014 at AED 1,200 per sqft, in line with 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. 307's AED 30,400 is at the bottom 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
3012-bedAED 610K · Nov 2019
3021-bedAED 630K · Aug 2024
303StudioAED 524K · Aug 2014
304StudioAED 582K · Jun 2014
305StudioAED 578K · Jun 2014
306StudioAED 390K · Sep 2023
308StudioAED 867K · Feb 2014
1–7 of 27

307, Madison Residences - Columbus in numbers

  • Sold once: by the developer on 29 April 2014 for AED 628,788, or AED 1,200 per sqft.
  • Rented since March 2017 on 8 Ejari contracts. The rent fell from AED 40,000 to AED 19,000 in 2021 and recovered to AED 30,400 by March 2025.
  • At AED 30,400 a year the gross yield on the 2014 price is 4.8%, 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 15 March 2025.

Questions about 307, Madison Residences - Columbus

What did unit 307 last sell for?

AED 628,788 on 29 April 2014, sold by the developer: AED 1,200 per sqft for 524 sqft. It is the only registered sale of the unit.

What is the rent for unit 307?

AED 30,400 a year on the contract renewed on 15 March 2025. The previous contract, from March 2024, was AED 26,400; the unit has been rented since March 2017.

How big is unit 307?

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

What is unit 307 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.

Selling 307? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 307, Madison Residences - Columbus

Starts from the last sale price (AED 629K, 29 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 628,788
Deposit, UAE resident (20%)
AED 125,758
Deposit, non-resident (40%)
AED 251,515
Monthly over 25 years at 3.7%
AED 2,573

Plus AED 31,420 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →