About Madison Residence
Madison Residence is a residential development by DAMAC Properties, in Wadi Al Safa 3, Dubai. The project comprises 123 homes across 2 buildings.
Key information
Developer
DAMAC Properties
- Handover
- Q3 2013
- Status
- Handed over
- Location
- Wadi Al Safa 3, Dubai
- Master project
- Majan
- Construction started
- 2010
- Number of buildings
- 2
- Number of units
- 123
- Service charge
- AED 16/sqft
- Registered with DLD
- 08 Nov 2008
- Escrow bank
- Abu Dhabi Commercial Bank
- Escrow account no.
- 509978159001
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2010
- Handed overQ3 2013
Construction progress
12 inspection photos from the Dubai Land Department. Latest 19 Sept 2012 at 92% complete.
Amenities
Physical features recorded on the Dubai Land Department buildings register.
4 Floors
Retail & Shops
173 Residential Units
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
215
Median price
AED 563K
Median price / sqft
AED 1K-23%
Off-plan share
14%
Priced 28% below than the Wadi Al Safa 3 median of AED 1K/sqft.
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| Studio | 167 | 540 sqft | AED 546K | AED 1K |
| 1 Bed | 32 | 846 sqft | AED 749K | AED 900 |
| 2 Bed | 6 | 1,199 sqft | AED 841K | AED 698 |
Price per sqft by year
-23% since 2009AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 26 Aug 2026 | Resale | 947 sqft | AED 1.5M | AED 2K |
| 07 Jul 2026 | Resale | 626 sqft | AED 455K | AED 727 |
| 30 Apr 2026 | Resale | 534 sqft | AED 418K | AED 782 |
| 23 Apr 2026 | Resale | 590 sqft | AED 450K | AED 763 |
| 13 Feb 2026 | Resale | 512 sqft | AED 460K | AED 899 |
| 12 Nov 2025 | Resale | 512 sqft | AED 430K | AED 840 |
| 12 Nov 2025 | Resale | 512 sqft | AED 430K | AED 840 |
| 06 Nov 2025 | Resale | 512 sqft | AED 485K | AED 947 |
Unit mix
1 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| Unspecified | 1 | - |
Payment plan
Payment plans are set by DAMAC Properties and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.
Request the payment planLocation
Approximate location in Wadi Al Safa 3, Dubai.
Wadi Al Safa 3
Dubai, United Arab Emirates
Frequently asked questions
Madison Residence has already been handed over (Q3 2013), according to Dubai Land Department records.
