2-bed · 1,266 sqftScala Tower (Al Madar Tower), Business Bay · 12th floor · completed 2010

1201, Scala Tower (Al Madar Tower)

Sold prices and rental history: sold 4 times, last in January 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1201 · DLD and Ejari recordsUpdated 20 January 2025
Last soldAED 2M20 January 2025
Current rentAED 120K /yr15 November 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1201, Scala Tower (Al Madar Tower)

What is 1201 worth today?

Last sold for AED 2,000,000 in 2025

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20 Jan 2025SoldReady
AED 2,000,000AED 1,579 per sqft
13 Nov 2023SoldReady
AED 1,200,000AED 947 per sqft
15 Nov 2017RentedNew contract
AED 120,000/yr12 months · AED 94 per sqft
4 Aug 2016RentedRenewal
AED 115,000/yr12 months · AED 91 per sqft
4 Aug 2015RentedRenewal
AED 110,000/yr12 months · AED 87 per sqft
4 Aug 2014RentedNew contract
AED 100,000/yr12 months · AED 79 per sqft
4 Aug 2013RentedNew contract
AED 77,750/yr12 months · AED 61 per sqft
4 Mar 2013SoldReady
AED 1,842,500AED 1,455 per sqft

Source: Dubai Land Department. Updated 20 January 2025.

Key facts

Type
2-bed apartment
Size
1,266 sqft
Floor
12th of 21
Parking
B2-44
Developer
Al Madar Investment
Completed
2010
Service charge
AED 20,600 /yr
Last sold
AED 2M · January 2025

About 1201, Scala Tower (Al Madar Tower)

1201 is a two-bedroom apartment of 1,266 sqft on the 12th 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 20 January 2025 for AED 2,000,000, or AED 1,579 per sqft.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 15 November 2017, is AED 120,000 a year: a gross yield of 6.0% on the 2025 price, before the service charge of about AED 20,600 a year.

Sales and rents for 1201 over time

Sales
Unit 1201, each saleTypical two-bed in Scala Tower (Al Madar Tower)
1M1.5M2M2009201420192024Typical sale price by year: 2009 AED 1,687,500; 2012 AED 1,780,000; 2013 AED 1,556,988; 2014 AED 1,709,100; 2015 AED 1,650,000; 2021 AED 1,005,000; 2023 AED 1,415,000; 2025 AED 1,962,000Sold by developer, May 2009: AED 1,842,500 (AED 1,455 per sqft)Sold, March 2013: AED 1,842,500 (AED 1,455 per sqft)Sold, November 2023: AED 1,200,000 (AED 947 per sqft)Sold, January 2025: AED 2,000,000 (AED 1,579 per sqft)

1201 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1201, each contractTypical two-bed in Scala Tower (Al Madar Tower)
75K100K125K2013201720212025Typical rent by year: 2013 AED 73,500; 2014 AED 101,200; 2015 AED 114,583; 2016 AED 117,437; 2017 AED 108,000; 2018 AED 95,000; 2019 AED 85,000; 2020 AED 75,000; 2021 AED 71,000; 2022 AED 77,200; 2023 AED 83,000; 2024 AED 114,000; 2025 AED 115,000; 2026 AED 112,500New contract, August 2013: AED 77,750 a yearNew contract, August 2014: AED 100,000 a yearRenewal, August 2015: AED 110,000 a yearRenewal, August 2016: AED 115,000 a yearNew contract, November 2017: AED 120,000 a year

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 1201 sits

All 34 2-beds →

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. 1201's AED 120,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Apr 20261,610,550
6 Feb 20262,050,000
19 Aug 20252,050,000
5 Aug 20252,156,000
2 2-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
12021-bedAED 1.33M · Feb 2014
12032-bedAED 1.47M · Aug 2013
12041-bedAED 1.33M · Jul 2025
12051-bedAED 1.05M · Jun 2025
12061-bedAED 1.2M · Dec 2025
12071-bedAED 700K · Oct 2022
12081-bedAED 1.3M · Jun 2025
1–7 of 8

1201, Scala Tower (Al Madar Tower) in numbers

  • Sold 4 times: first on 26 May 2009 for AED 1,842,500, last on 20 January 2025 for AED 2,000,000 (AED 1,579 per sqft).
  • Rented since August 2013 on 5 Ejari contracts, from AED 77,750 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2025 price is 6.0%, 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 20 January 2025.

Questions about 1201, Scala Tower (Al Madar Tower)

What did unit 1201 last sell for?

AED 2,000,000 on 20 January 2025: AED 1,579 per sqft for 1,266 sqft. The unit has 4 registered sales; the first was AED 1,842,500 in May 2009.

What is the rent for unit 1201?

AED 120,000 a year on the contract signed on 15 November 2017. The previous contract, from August 2016, was AED 115,000; the unit has been rented since August 2013.

How big is unit 1201?

1,266 sqft (117.6 sqm): a two-bedroom apartment on the 12th floor of a 21-storey tower completed in 2010.

What is unit 1201 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 1201, Scala Tower (Al Madar Tower)

Starts from the last sale price (AED 2M, 20 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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