Studio · 514 sqftMadison Residences - Columbus, Majan · 3rd floor

324, Madison Residences - Columbus

Sold prices and rental history: sold once, by the developer in August 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 324 · DLD and Ejari recordsUpdated 10 October 2025
Last soldAED 514K3 August 2014
Current rentAED 45K /yr10 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 324, Madison Residences - Columbus

What is 324 worth today?

Last sold for AED 513,660 in 2014

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10 Oct 2025RentedNew contract
AED 45,000/yr12 months · AED 87 per sqft
28 Dec 2023RentedRenewal
AED 25,926/yr10 months · AED 51 per sqft
28 Dec 2022RentedNew contract
AED 26,000/yr12 months · AED 51 per sqft
10 Dec 2021RentedRenewal
AED 23,000/yr12 months · AED 45 per sqft
10 Dec 2020RentedRenewal
AED 20,000/yr12 months · AED 39 per sqft
10 Dec 2019RentedNew contract
AED 26,000/yr12 months · AED 50 per sqft
1 Jun 2019RentedRenewal
AED 30,000/yr6 months · AED 58 per sqft
1 Jun 2018RentedRenewal
AED 39,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 10 October 2025.

Key facts

Type
Studio apartment
Size
514 sqft
Floor
3rd of 3
Parking
G-54
Service charge
AED 8,600 /yr
Last sold
AED 514K · August 2014

About 324, Madison Residences - Columbus

324 is a studio of 514 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 513,660, 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 2016 on 10 Ejari contracts. The current contract, signed on 10 October 2025, is AED 45,000 a year: a gross yield of 8.8% on the 2014 price, before the service charge of about AED 8,600 a year.

Sales and rents for 324 over time

Sales
Unit 324, each saleTypical studio in Madison Residences - Columbus
400K500K2014201720202023Typical sale price by year: 2014 AED 548,430; 2024 AED 380,000Sold by developer, August 2014: AED 513,660 (AED 1,000 per sqft)

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

Rents
Unit 324, 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, October 2016: AED 45,877 a yearNew contract, June 2017: AED 42,000 a yearRenewal, June 2018: AED 39,000 a yearRenewal, June 2019: AED 30,000 a yearNew contract, December 2019: AED 26,000 a yearRenewal, December 2020: AED 20,000 a yearRenewal, December 2021: AED 23,000 a yearNew contract, December 2022: AED 26,000 a yearRenewal, December 2023: AED 25,926 a yearNew contract, October 2025: AED 45,000 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 324 sits

All 33 studios →

324 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. 324's AED 45,000 is in the lower half 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
307StudioAED 629K · Apr 2014
1–7 of 27

324, Madison Residences - Columbus in numbers

  • Sold once: by the developer on 3 August 2014 for AED 513,660, or AED 1,000 per sqft.
  • Rented since October 2016 on 10 Ejari contracts. The rent fell from AED 45,877 to AED 20,000 in 2020 and recovered to AED 45,000 by October 2025.
  • At AED 45,000 a year the gross yield on the 2014 price is 8.8%, before a service charge of about AED 8,600 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 10 October 2025.

Questions about 324, Madison Residences - Columbus

What did unit 324 last sell for?

AED 513,660 on 3 August 2014, sold by the developer: AED 1,000 per sqft for 514 sqft. It is the only registered sale of the unit.

What is the rent for unit 324?

AED 45,000 a year on the contract signed on 10 October 2025. The previous contract, from December 2023, was AED 25,926; the unit has been rented since October 2016.

How big is unit 324?

514 sqft (47.8 sqm): a studio on the 3rd floor of a 3-storey tower.

What is unit 324 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 324, Madison Residences - Columbus

Starts from the last sale price (AED 514K, 3 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 513,660
Deposit, UAE resident (20%)
AED 102,732
Deposit, non-resident (40%)
AED 205,464
Monthly over 25 years at 3.7%
AED 2,102

Plus AED 26,583 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →