1-bed · 946 sqftScala Tower (Al Madar Tower), Business Bay · 11th floor · completed 2010

1102, Scala Tower (Al Madar Tower)

Sold prices and rental history: sold twice, last in April 2017, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1102 · DLD and Ejari recordsUpdated 3 May 2019
Last soldAED 1.15M24 April 2017
Current rentAED 77K /yr3 May 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1102, Scala Tower (Al Madar Tower)

What is 1102 worth today?

Last sold for AED 1,150,000 in 2017

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3 May 2019RentedRenewal
AED 76,500/yr12 months · AED 81 per sqft
3 May 2018RentedRenewal
AED 90,000/yr12 months · AED 95 per sqft
3 May 2017RentedNew contract
AED 90,000/yr12 months · AED 95 per sqft
24 Apr 2017SoldReady
AED 1,150,000AED 1,215 per sqft
25 Feb 2016RentedNew contract
AED 92,000/yr12 months · AED 97 per sqft
25 May 2009Sold by developerOff-plan
AED 1,244,500AED 1,315 per sqft

Source: Dubai Land Department. Updated 3 May 2019.

Key facts

Type
1-bed apartment
Size
946 sqft
Floor
11th of 21
Parking
B2-36
Developer
Al Madar Investment
Completed
2010
Service charge
AED 15,400 /yr
Last sold
AED 1.15M · April 2017

About 1102, Scala Tower (Al Madar Tower)

1102 is a one-bedroom apartment of 946 sqft on the 11th 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 24 April 2017 for AED 1,150,000, or AED 1,215 per sqft, 24% above the AED 977 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, renewed on 3 May 2019, is AED 76,500 a year: a gross yield of 6.7% on the 2017 price, before the service charge of about AED 15,400 a year.

Sales and rents for 1102 over time

Sales
Unit 1102, each saleTypical one-bed in Scala Tower (Al Madar Tower)
750K1M1.25M2009201420192024Typical sale price by year: 2009 AED 1,218,750; 2011 AED 947,193; 2012 AED 1,195,000; 2013 AED 940,500; 2014 AED 1,250,000; 2015 AED 1,150,000; 2016 AED 1,027,500; 2017 AED 1,150,000; 2021 AED 820,000; 2022 AED 700,000; 2023 AED 848,715; 2024 AED 925,000; 2025 AED 1,100,000; 2026 AED 1,180,000Sold by developer, May 2009: AED 1,244,500 (AED 1,315 per sqft)Sold, April 2017: AED 1,150,000 (AED 1,215 per sqft)

1102 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1102, each contractTypical one-bed in Scala Tower (Al Madar Tower)
60K80K2013201720212025Typical rent by year: 2013 AED 53,350; 2014 AED 72,000; 2015 AED 80,000; 2016 AED 85,000; 2017 AED 80,000; 2018 AED 70,000; 2019 AED 64,000; 2020 AED 55,000; 2021 AED 48,000; 2022 AED 55,000; 2023 AED 61,950; 2024 AED 73,500; 2025 AED 80,000; 2026 AED 78,000New contract, February 2016: AED 92,000 a yearNew contract, May 2017: AED 90,000 a yearRenewal, May 2018: AED 90,000 a yearRenewal, May 2019: AED 76,500 a year

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 1102 sits

All 123 1-beds →

1102 last sold in April 2017 at AED 1,215 per sqft, 24% above what one-beds in Scala Tower (Al Madar Tower) were fetching at the time (AED 977). 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. 1102's AED 76,500 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
10 Aug 20261,070,000
10 Aug 20261,210,000
5 Jun 20261,225,270
24 Apr 20261,150,000
10 1-bed sales in the last 12 months

Scala Tower (Al Madar Tower)

Building

177 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%
Scala Tower (Al Madar Tower), Business Bay: prices, sales and rents →
Value
11012-bedAED 1.7M · Feb 2025
11032-bedAED 1.71M · Dec 2013
11041-bedAED 1.26M · Sep 2012
11051-bedAED 1.23M · May 2009
11061-bedAED 983K · Sep 2012
11071-bedAED 1.1M · Feb 2025
11081-bedAED 435K · Aug 2022
1–7 of 8

1102, Scala Tower (Al Madar Tower) in numbers

  • Sold twice: first on 25 May 2009 for AED 1,244,500, last on 24 April 2017 for AED 1,150,000 (AED 1,215 per sqft).
  • Rented since February 2016 on 4 Ejari contracts, from AED 92,000 to AED 76,500 a year.
  • At AED 76,500 a year the gross yield on the 2017 price is 6.7%, before a service charge of about AED 15,400 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 3 May 2019.

Questions about 1102, Scala Tower (Al Madar Tower)

What did unit 1102 last sell for?

AED 1,150,000 on 24 April 2017: AED 1,215 per sqft for 946 sqft. The unit has 2 registered sales; the first was AED 1,244,500 in May 2009.

What is the rent for unit 1102?

AED 76,500 a year on the contract renewed on 3 May 2019. The previous contract, from May 2018, was AED 90,000; the unit has been rented since February 2016.

How big is unit 1102?

946 sqft (87.9 sqm): a one-bedroom apartment on the 11th floor of a 21-storey tower completed in 2010.

What is unit 1102 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 1102, Scala Tower (Al Madar Tower)

Starts from the last sale price (AED 1.15M, 24 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →