1002, Scala Tower (Al Madar Tower)
Sold prices and rental history: sold twice, last in September 2020, 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 1002, Scala Tower (Al Madar Tower)
What is 1002 worth today?
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Source: Dubai Land Department. Updated 26 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 921 sqft
- Floor
- 10th of 21
- Parking
- B2-33
- Developer
- Al Madar Investment
- Completed
- 2010
- Service charge
- AED 15,000 /yr
- Last sold
- AED 800K · September 2020
- Building
- Scala Tower (Al Madar Tower)
About 1002, Scala Tower (Al Madar Tower)
1002 is a one-bedroom apartment of 921 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. It last sold on 21 September 2020 for AED 800,000, or AED 868 per sqft.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 26 December 2024, is AED 95,000 a year: a gross yield of 11.9% on the 2020 price, before the service charge of about AED 15,000 a year.
Sales and rents for 1002 over time
1002 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Scala Tower (Al Madar Tower), and where 1002 sits
All 123 1-beds →Over the last 12 months one-beds sold for AED 1,030,000 to 1,705,000, around AED 1,345 per sqft, and rent for AED 55,000 to 150,000 a year. 1002's AED 95,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Aug 202610 August 2026 | 965 sqft | 1,070,000 | 1,108 | ||
| 10 Aug 202610 August 2026 | 959 sqft | 1,210,000 | 1,261 | ||
| 5 Jun 20265 June 2026 | 959 sqft | 1,225,270 | 1,277 | ||
| 24 Apr 202624 April 2026 | 959 sqft | 1,150,000 | 1,199 |
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 | |||||
|---|---|---|---|---|---|
| 1001 | 2-bed | 1,266 sqft | AED 1MAED 1,000,000 · Jul 2013July 2013 | 90,000 /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 |
1002, Scala Tower (Al Madar Tower) in numbers
- Sold twice: first on 17 January 2017 for AED 900,000, last on 21 September 2020 for AED 800,000 (AED 868 per sqft).
- Rented since June 2013 on 9 Ejari contracts, from AED 60,500 to AED 95,000 a year.
- At AED 95,000 a year the gross yield on the 2020 price is 11.9%, before a service charge of about AED 15,000 a year (AED 16.30 per sqft).
- One-beds in Scala Tower (Al Madar Tower) sold for AED 1,030,000–1,705,000 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 26 December 2024.
Questions about 1002, Scala Tower (Al Madar Tower)
What did unit 1002 last sell for?
AED 800,000 on 21 September 2020: AED 868 per sqft for 921 sqft. The unit has 2 registered sales; the first was AED 900,000 in January 2017.
What is the rent for unit 1002?
AED 95,000 a year on the contract signed on 26 December 2024. The previous contract, from December 2023, was AED 85,000; the unit has been rented since June 2013.
How big is unit 1002?
921 sqft (85.6 sqm): a one-bedroom apartment on the 10th floor of a 21-storey tower completed in 2010.
What is unit 1002 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Scala Tower (Al Madar Tower) sold for AED 1,030,000 to 1,705,000 in the last 12 months, around AED 1,345 per sqft.
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Mortgage on 1002, Scala Tower (Al Madar Tower)
Starts from the last sale price (AED 800K, 21 September 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 800,000
- Deposit, UAE resident (20%)
- AED 160,000
- Deposit, non-resident (40%)
- AED 320,000
- Monthly over 25 years at 3.7%
- AED 3,273
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →