1103, Scala Tower (Al Madar Tower)
Sold prices and rental history: sold twice, last in December 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1103, Scala Tower (Al Madar Tower)
What is 1103 worth today?
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Source: Dubai Land Department. Updated 10 May 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,274 sqft
- Floor
- 11th of 21
- Parking
- B2-37
- Developer
- Al Madar Investment
- Completed
- 2010
- Service charge
- AED 20,800 /yr
- Last sold
- AED 1.71M · December 2013
- Building
- Scala Tower (Al Madar Tower)
About 1103, Scala Tower (Al Madar Tower)
1103 is a two-bedroom apartment of 1,274 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 31 December 2013 for AED 1,714,750, or AED 1,345 per sqft, 9% above the AED 1,230 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 10 May 2024, is AED 98,000 a year: a gross yield of 5.7% on the 2013 price, before the service charge of about AED 20,800 a year.
Sales and rents for 1103 over time
1103 has sold twice; 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 1103 sits
All 34 2-beds →1103 last sold in December 2013 at AED 1,345 per sqft, 9% above what two-beds in Scala Tower (Al Madar Tower) were fetching at the time (AED 1,230). 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. 1103's AED 98,000 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 11th floor
All 177 units in Scala Tower (Al Madar Tower)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | 2-bed | 1,266 sqft | AED 1.7MAED 1,700,000 · Feb 2025February 2025 | 115,000 /yr | |
| 1102 | 1-bed | 946 sqft | AED 1.15MAED 1,150,000 · Apr 2017April 2017 | 76,500 /yr | |
| 1104 | 1-bed | 978 sqft | AED 1.26MAED 1,258,750 · Sep 2012September 2012 | 90,000 /yr | |
| 1105 | 1-bed | 959 sqft | AED 1.23MAED 1,225,500 · May 2009May 2009 | ||
| 1106 | 1-bed | 747 sqft | AED 983KAED 983,250 · Sep 2012September 2012 | 57,000 /yr | |
| 1107 | 1-bed | 739 sqft | AED 1.1MAED 1,100,000 · Feb 2025February 2025 | 59,000 /yr | |
| 1108 | 1-bed | 988 sqft | AED 435KAED 435,000 · Aug 2022August 2022 | 77,000 /yr | |
| 1109 | 1-bed | 965 sqft | AED 650KAED 650,000 · Apr 2014April 2014 | 95,000 /yr |
1103, Scala Tower (Al Madar Tower) in numbers
- Sold twice: first on 25 May 2009 for AED 1,714,750, last on 31 December 2013 for AED 1,714,750 (AED 1,345 per sqft).
- Rented since November 2014 on 10 Ejari contracts. The rent fell from AED 110,000 to AED 80,000 in 2021 and recovered to AED 98,000 by May 2024.
- At AED 98,000 a year the gross yield on the 2013 price is 5.7%, before a service charge of about AED 20,800 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 10 May 2024.
Questions about 1103, Scala Tower (Al Madar Tower)
What did unit 1103 last sell for?
AED 1,714,750 on 31 December 2013: AED 1,345 per sqft for 1,274 sqft. The unit has 2 registered sales; the first was AED 1,714,750 in May 2009.
What is the rent for unit 1103?
AED 98,000 a year on the contract signed on 10 May 2024. The previous contract, from May 2024, was AED 98,000; the unit has been rented since November 2014.
How big is unit 1103?
1,274 sqft (118.4 sqm): a two-bedroom apartment on the 11th floor of a 21-storey tower completed in 2010.
What is unit 1103 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 1103, Scala Tower (Al Madar Tower)
Starts from the last sale price (AED 1.71M, 31 December 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,714,750
- Deposit, UAE resident (20%)
- AED 342,950
- Deposit, non-resident (40%)
- AED 685,900
- Monthly over 25 years at 3.7%
- AED 7,016
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →