← All projects

MADISON RESIDENCE

Completed

Developed by DAMAC DEVELOPMENT(L L C). Located in Wadi Al Safa 3.

Construction progress100%Expected 25 Sept 2013
Units1232 buildings · 0 villas
Registered sales21412 in the last 12 months
Median sale priceAED 563KMedian of registered salesAED 1,000/sqft

Registry record

Project number
307
Name on the register
ماديسون ريزيدنس
Developer
DAMAC DEVELOPMENT(L L C)
Master developer
رمرام ش.ذ.م.م
Escrow agent
ABU DHABI COMMERCIAL BANK
Zoning authority
Dubai Development Authority (DDA)
Master project
Majan
Start date
1 Apr 2010
Expected completion
25 Sept 2013
Actual completion
25 Sept 2013
Cancelled
Not recorded
Plots
0
Progress
100%

Madison Park is freehold residential development located in Nad Al Shiba - Mizin. The Project comprises of 2 low rise buildings (2 & 4 storey height), Columbus & Astor.

Sales evidence

Median size
556 sqft
Median price per sqft
AED 1,000/sqft
Total value transacted
AED 127.30M
Off-plan vs ready
30 off-plan · 184 ready
First sale
8 Jul 2009
Latest sale
7 Jul 2026

Service charges (2023)

The owner-association charge approved by the Land Department, broken down by cost category. Totalling AED 3,946 per square foot per year — the recurring cost of ownership that an asking price never shows.

CategoryUsageManaged byAED/sqft
ServicesResidentialLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C5.00
Reserved FundResidentialLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C0.00
MaintenanceResidentialLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C6.00
ImprovementResidentialLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C0.00
Utilities ServicesResidentialLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C3.00
Management ServicesResidentialLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C1.00
InsuranceResidentialLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C0.00
Master CommunityResidentialLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C1.00
IncomeResidentialLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C0.00
ServicesRetailLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C2.00
Reserved FundRetailLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C0.00
MaintenanceRetailLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C6.00
ImprovementRetailLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C0.00
ParkingRetailLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C1954.00
Utilities ServicesRetailLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C3.00
Management ServicesRetailLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C1.00
InsuranceRetailLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C1.00
Master CommunityRetailLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C3.00
IncomeRetailLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C0.00
ServicesParkingLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C569.00
MaintenanceParkingLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C715.00
ImprovementParkingLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C20.00
Utilities ServicesParkingLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C344.00
Management ServicesParkingLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C142.00
InsuranceParkingLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C36.00
Master CommunityParkingLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C131.00
IncomeParkingLUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C3.00

Registered sales in this project

All sales
Registered property transactions from the Dubai Land Department
DateCommunityProject / buildingTypeBedsSizePrice/sqftPrice
7 Jul 2026Wadi Al Safa 3MADISON RESIDENCEMajanFlatExisting PropertiesStudio626 sqftAED 727/sqftAED 454,915
30 Apr 2026Wadi Al Safa 3MADISON RESIDENCEMajanFlatExisting PropertiesStudio534 sqftAED 782/sqftAED 417,571
23 Apr 2026Wadi Al Safa 3MADISON RESIDENCEMajanFlatExisting PropertiesStudio590 sqftAED 763/sqftAED 450,000
13 Feb 2026Wadi Al Safa 3MADISON RESIDENCEMajanFlatExisting PropertiesStudio512 sqftAED 899/sqftAED 460,000
12 Nov 2025Wadi Al Safa 3MADISON RESIDENCEMajanFlatExisting PropertiesStudio512 sqftAED 840/sqftAED 430,000
12 Nov 2025Wadi Al Safa 3MADISON RESIDENCEMajanFlatExisting PropertiesStudio512 sqftAED 840/sqftAED 430,000
6 Nov 2025Wadi Al Safa 3MADISON RESIDENCEMajanFlatExisting PropertiesStudio512 sqftAED 947/sqftAED 485,000
5 Nov 2025Wadi Al Safa 3MADISON RESIDENCEMajanFlatExisting PropertiesStudio507 sqftAED 789/sqftAED 400,000
29 Oct 2025Wadi Al Safa 3MADISON RESIDENCEMajanFlatExisting PropertiesStudio596 sqftAED 855/sqftAED 510,000
6 Oct 2025Wadi Al Safa 3MADISON RESIDENCEMajanShopExisting PropertiesShop652 sqftAED 1,074/sqftAED 700,000
30 Sept 2025Wadi Al Safa 3MADISON RESIDENCEMajanFlatExisting PropertiesStudio596 sqftAED 922/sqftAED 550,000
29 Aug 2025Wadi Al Safa 3MADISON RESIDENCEMajanFlatExisting PropertiesStudio652 sqftAED 844/sqftAED 550,000
22 Aug 2025Wadi Al Safa 3MADISON RESIDENCEMajanFlatExisting PropertiesStudio596 sqftAED 805/sqftAED 480,000
29 May 2025Wadi Al Safa 3MADISON RESIDENCEMajanFlatExisting PropertiesStudio626 sqftAED 735/sqftAED 460,000
6 May 2025Wadi Al Safa 3MADISON RESIDENCEMajanFlatExisting PropertiesStudio507 sqftAED 928/sqftAED 470,000
23 Jan 2025Wadi Al Safa 3MADISON RESIDENCEMajanFlatExisting PropertiesStudio596 sqftAED 671/sqftAED 400,000
14 Jan 2025Wadi Al Safa 3MADISON RESIDENCEMajanFlatExisting PropertiesStudio652 sqftAED 841/sqftAED 548,402
20 Nov 2024Wadi Al Safa 3MADISON RESIDENCEMajanFlatExisting PropertiesStudio506 sqftAED 914/sqftAED 463,000
18 Nov 2024Wadi Al Safa 3MADISON RESIDENCEMajanFlatExisting PropertiesStudio596 sqftAED 654/sqftAED 390,000
7 Nov 2024Wadi Al Safa 3MADISON RESIDENCEMajanFlatExisting Properties1 B/R1,609 sqftAED 622/sqftAED 1,000,000
24 May 2024Wadi Al Safa 3MADISON RESIDENCEMajanFlatExisting PropertiesStudio596 sqftAED 755/sqftAED 450,000
22 Apr 2024Wadi Al Safa 3MADISON RESIDENCEMajanFlatExisting Properties2 B/R1,273 sqftAED 613/sqftAED 780,000
28 Mar 2024Wadi Al Safa 3MADISON RESIDENCEMajanFlatExisting PropertiesStudio467 sqftAED 792/sqftAED 370,000
21 Mar 2024Wadi Al Safa 3MADISON RESIDENCEMajanFlatExisting PropertiesStudio507 sqftAED 730/sqftAED 370,000
21 Mar 2024Wadi Al Safa 3MADISON RESIDENCEMajanFlatExisting PropertiesStudio512 sqftAED 723/sqftAED 370,000

Source: Dubai Land Department open data, retrieved from the Digital Dubai data.dubai platform. Figures cover registered transactions and Ejari-registered tenancy contracts, and are statistical summaries of public record — not a valuation of any individual property. Registration data can be amended or backdated by the source after first publication.