1001, Scala Tower (Al Madar Tower)
Sold prices and rental history: sold once, by the developer in July 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1001, Scala Tower (Al Madar Tower)
What is 1001 worth today?
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Source: Dubai Land Department. Updated 16 June 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,266 sqft
- Floor
- 10th of 21
- Parking
- B2-32
- Developer
- Al Madar Investment
- Completed
- 2010
- Service charge
- AED 20,600 /yr
- Last sold
- AED 1M · July 2013
- Building
- Scala Tower (Al Madar Tower)
About 1001, Scala Tower (Al Madar Tower)
1001 is a two-bedroom apartment of 1,266 sqft on the 10th floor of Scala Tower (Al Madar Tower), a 21-storey tower in Business Bay completed in 2010 by Al Madar Investment. The developer sold it on 21 July 2013 for AED 1,000,000, or AED 789 per sqft, 39% below the AED 1,297 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 16 June 2026, is AED 90,000 a year: a gross yield of 9.0% on the 2013 price, before the service charge of about AED 20,600 a year.
Sales and rents for 1001 over time
1001 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Scala Tower (Al Madar Tower), and where 1001 sits
All 34 2-beds →1001 last sold in July 2013 at AED 789 per sqft, 39% below what two-beds in Scala Tower (Al Madar Tower) were fetching at the time (AED 1,297). Over the last 12 months two-beds sold for AED 1,610,550 to 2,050,000, around AED 1,441 per sqft, and rent for AED 87,000 to 145,200 a year. 1001's AED 90,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Apr 202620 April 2026 | 1,266 sqft | 1,610,550 | 1,272 | ||
| 6 Feb 20266 February 2026 | 1,274 sqft | 2,050,000 | 1,609 | ||
| 19 Aug 202519 August 2025 | 1,254 sqft | 2,050,000 | 1,634 | ||
| 5 Aug 20255 August 2025 | 2,113 sqft | 2,156,000 | 1,020 |
Scala Tower (Al Madar Tower)
Building177 apartments, studios to 2-bed over 21 floors in Business Bay, completed in 2010 by Al Madar Investment. 16 sold in the last 12 months.
- Typical price per sqft
- AED 1,345 Up 5.4%
- Typical sale
- AED 1.18M
- Typical rent
- AED 80K /yr
- Typical yield
- 6.8%
Other units on the 10th floor
All 177 units in Scala Tower (Al Madar Tower)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1002 | 1-bed | 921 sqft | AED 800KAED 800,000 · Sep 2020September 2020 | 95,000 /yr | |
| 1003 | 2-bed | 1,307 sqft | AED 600KAED 600,000 · Nov 2012November 2012 | 90,000 /yr | |
| 1004 | 1-bed | 978 sqft | AED 1.23MAED 1,230,000 · Dec 2013December 2013 | 81,000 /yr | |
| 1005 | 1-bed | 959 sqft | AED 920KAED 920,000 · Jul 2023July 2023 | 77,500 /yr | |
| 1006 | 1-bed | 747 sqft | AED 850KAED 850,000 · Mar 2025March 2025 | 75,000 /yr | |
| 1007 | 1-bed | 739 sqft | AED 600KAED 600,000 · Jun 2022June 2022 | 79,500 /yr | |
| 1008 | 1-bed | 988 sqft | AED 1.75MAED 1,750,000 · Oct 2025October 2025 | 60,000 /yr | |
| 1009 | 1-bed | 965 sqft | AED 975KAED 975,000 · Jan 2018January 2018 | 72,000 /yr |
1001, Scala Tower (Al Madar Tower) in numbers
- Sold once: by Al Madar Investment on 21 July 2013 for AED 1,000,000, or AED 789 per sqft.
- Rented since July 2013 on 12 Ejari contracts, from AED 73,500 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2013 price is 9.0%, before a service charge of about AED 20,600 a year (AED 16.30 per sqft).
- Two-beds in Scala Tower (Al Madar Tower) sold for AED 1,610,550–2,050,000 in the 12 months to November 2026; the building's median across all types is AED 1,345 per sqft.
Source: Dubai Land Department. Updated 16 June 2026.
Questions about 1001, Scala Tower (Al Madar Tower)
What did unit 1001 last sell for?
AED 1,000,000 on 21 July 2013, sold by the developer: AED 789 per sqft for 1,266 sqft. It is the only registered sale of the unit.
What is the rent for unit 1001?
AED 90,000 a year on the contract signed on 16 June 2026. The previous contract, from October 2023, was AED 80,500; the unit has been rented since July 2013.
How big is unit 1001?
1,266 sqft (117.6 sqm): a two-bedroom apartment on the 10th floor of a 21-storey tower completed in 2010.
What is unit 1001 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Scala Tower (Al Madar Tower) sold for AED 1,610,550 to 2,050,000 in the last 12 months, around AED 1,441 per sqft.
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Mortgage on 1001, Scala Tower (Al Madar Tower)
Starts from the last sale price (AED 1M, 21 July 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →