1-bed · 1,062 sqftMadison Residences - Columbus, Majan · 3rd floor

323, Madison Residences - Columbus

Sold prices and rental history: sold twice, last in December 2024, and rented once, from September 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 323 · DLD and Ejari recordsUpdated 16 December 2024
Last soldAED 760K16 December 2024
Current rentAED 115K /yr30 September 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 323, Madison Residences - Columbus

What is 323 worth today?

Last sold for AED 760,000 in 2024

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16 Dec 2024SoldReady
AED 760,000AED 715 per sqft
30 Sep 2018RentedNew contract
AED 115,000/yr12 months · AED 108 per sqft
22 Jan 2015Sold by developerReady
AED 1,062,100AED 1,000 per sqft

Source: Dubai Land Department. Updated 16 December 2024.

Key facts

Type
1-bed apartment
Size
1,062 sqft
Floor
3rd of 3
Parking
G-53
Service charge
AED 17,800 /yr
Last sold
AED 760K · December 2024

About 323, Madison Residences - Columbus

323 is a one-bedroom apartment of 1,062 sqft on the 3rd floor of Madison Residences - Columbus, a 3-storey tower in Majan. It last sold on 16 December 2024 for AED 760,000, or AED 715 per sqft, in line with the AED 715 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 30 September 2018. The current contract, signed on 30 September 2018, is AED 115,000 a year: a gross yield of 15.1% on the 2024 price, before the service charge of about AED 17,800 a year.

Sales and rents for 323 over time

Sales
Unit 323, each saleTypical one-bed in Madison Residences - Columbus
750K1M2014201720202023Typical sale price by year: 2014 AED 876,505; 2015 AED 1,074,680; 2024 AED 630,000Sold by developer, January 2015: AED 1,062,100 (AED 1,000 per sqft)Sold, December 2024: AED 760,000 (AED 715 per sqft)

323 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 323, each contractTypical one-bed in Madison Residences - Columbus
50K100K2015201820212024Typical rent by year: 2015 AED 60,000; 2016 AED 57,000; 2018 AED 48,000; 2019 AED 42,000; 2020 AED 39,000; 2021 AED 32,000; 2022 AED 34,000; 2023 AED 38,610; 2024 AED 45,000; 2025 AED 51,500New contract, September 2018: AED 115,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Madison Residences - Columbus, and where 323 sits

All 11 1-beds →

323 last sold in December 2024 at AED 715 per sqft, in line with what one-beds in Madison Residences - Columbus were fetching at the time (AED 715).

Recent 1-bed salesUnit no.Price (AED)Summary
3 Feb 2025750,000
30 Jan 2025700,000
20 Nov 2024650,000
28 Aug 2024630,000
0 1-bed sales 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

323, Madison Residences - Columbus in numbers

  • Sold twice: first on 22 January 2015 for AED 1,062,100, last on 16 December 2024 for AED 760,000 (AED 715 per sqft).
  • Rented since September 2018 on one Ejari contract, at AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2024 price is 15.1%, before a service charge of about AED 17,800 a year (AED 16.76 per sqft).

Source: Dubai Land Department. Updated 16 December 2024.

Questions about 323, Madison Residences - Columbus

What did unit 323 last sell for?

AED 760,000 on 16 December 2024: AED 715 per sqft for 1,062 sqft. The unit has 2 registered sales; the first was AED 1,062,100 in January 2015.

What is the rent for unit 323?

AED 115,000 a year on the contract signed on 30 September 2018.

How big is unit 323?

1,062 sqft (98.7 sqm): a one-bedroom apartment on the 3rd floor of a 3-storey tower.

What is unit 323 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 323, Madison Residences - Columbus

Starts from the last sale price (AED 760K, 16 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 760,000
Deposit, UAE resident (20%)
AED 152,000
Deposit, non-resident (40%)
AED 304,000
Monthly over 25 years at 3.7%
AED 3,109

Plus AED 36,930 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →