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

308, Madison Residences - Columbus

Sold prices and rental history: sold twice, last in February 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 24 February 2014
Last soldAED 867K24 February 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Madison Residences - Columbus

What is 308 worth today?

Last sold for AED 867,000 in 2014

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24 Feb 2014SoldReady
AED 867,000AED 1,654 per sqft
15 Jun 2009Sold by developerOff-plan
AED 867,000AED 1,654 per sqft

Source: Dubai Land Department. Updated 24 February 2014.

Key facts

Type
Studio apartment
Size
524 sqft
Floor
3rd of 3
Parking
G-38
Service charge
AED 8,800 /yr
Last sold
AED 867K · February 2014

About 308, Madison Residences - Columbus

308 is a studio of 524 sqft on the 3rd floor of Madison Residences - Columbus, a 3-storey tower in Majan. It last sold on 24 February 2014 for AED 867,000, or AED 1,654 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical studio in Madison Residences - Columbus
500K750K20092013201720212025Typical sale price by year: 2014 AED 548,430; 2024 AED 380,000Sold by developer, June 2009: AED 867,000 (AED 1,654 per sqft)Sold, February 2014: AED 867,000 (AED 1,654 per sqft)

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

Rents
Unit 308, each contractTypical studio in Madison Residences - Columbus
20K30K40K20152018202120242027Typical 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 41,123

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 308 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.

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
307StudioAED 629K · Apr 2014
1–7 of 27

308, Madison Residences - Columbus in numbers

  • Sold twice: first on 15 June 2009 for AED 867,000, last on 24 February 2014 for AED 867,000 (AED 1,654 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 24 February 2014.

Questions about 308, Madison Residences - Columbus

What did unit 308 last sell for?

AED 867,000 on 24 February 2014: AED 1,654 per sqft for 524 sqft. The unit has 2 registered sales; the first was AED 867,000 in June 2009.

How big is unit 308?

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

What is unit 308 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 308, Madison Residences - Columbus

Starts from the last sale price (AED 867K, 24 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 867,000
Deposit, UAE resident (20%)
AED 173,400
Deposit, non-resident (40%)
AED 346,800
Monthly over 25 years at 3.7%
AED 3,547

Plus AED 41,424 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →