2-bed · 1,266 sqftScala Tower (Al Madar Tower), Business Bay · 13th floor · completed 2010

1301, Scala Tower (Al Madar Tower)

Sold prices and rental history: sold twice, last in June 2013, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1301 · DLD and Ejari recordsUpdated 10 June 2026
Last soldAED 1.55M18 June 2013
Current rentAED 87K /yr10 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1301, Scala Tower (Al Madar Tower)

What is 1301 worth today?

Last sold for AED 1,545,000 in 2013

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10 Jun 2026RentedNew contract
AED 87,000/yr12 months · AED 68 per sqft
15 Sep 2016RentedNew contract
AED 115,000/yr12 months · AED 91 per sqft
18 Jun 2013SoldReady
AED 1,545,000AED 1,220 per sqft
24 Oct 2011Sold by developerReady
AED 1,236,001AED 976 per sqft

Source: Dubai Land Department. Updated 10 June 2026.

Key facts

Type
2-bed apartment
Size
1,266 sqft
Floor
13th of 21
Parking
P2-17
Developer
Al Madar Investment
Completed
2010
Service charge
AED 20,600 /yr
Last sold
AED 1.55M · June 2013

About 1301, Scala Tower (Al Madar Tower)

1301 is a two-bedroom apartment of 1,266 sqft on the 13th 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 18 June 2013 for AED 1,545,000, or AED 1,220 per sqft, 9% below the AED 1,334 two-beds in the building were fetching at the time.

It has been rented since 2016 on 2 Ejari contracts. The current contract, signed on 10 June 2026, is AED 87,000 a year: a gross yield of 5.6% on the 2013 price, before the service charge of about AED 20,600 a year.

Sales and rents for 1301 over time

Sales
Unit 1301, 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, October 2011: AED 1,236,001 (AED 976 per sqft)Sold, June 2013: AED 1,545,000 (AED 1,220 per sqft)

1301 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1301, 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, September 2016: AED 115,000 a yearNew contract, June 2026: AED 87,000 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 1301 sits

All 34 2-beds →

1301 last sold in June 2013 at AED 1,220 per sqft, 9% below what two-beds in Scala Tower (Al Madar Tower) were fetching at the time (AED 1,334). 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. 1301's AED 87,000 is at the bottom 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
13021-bedNo registered sale
13032-bedAED 2.05M · Feb 2026
13041-bedAED 1.05M · Jan 2025
13051-bedAED 1.23M · Jun 2026
13061-bedAED 900K · Nov 2024
13071-bedAED 1.03M · Jan 2026
13081-bedAED 1.13M · Aug 2024
1–7 of 8

1301, Scala Tower (Al Madar Tower) in numbers

  • Sold twice: first on 24 October 2011 for AED 1,236,001, last on 18 June 2013 for AED 1,545,000 (AED 1,220 per sqft).
  • Rented since September 2016 on 2 Ejari contracts, from AED 115,000 to AED 87,000 a year.
  • At AED 87,000 a year the gross yield on the 2013 price is 5.6%, 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 10 June 2026.

Questions about 1301, Scala Tower (Al Madar Tower)

What did unit 1301 last sell for?

AED 1,545,000 on 18 June 2013: AED 1,220 per sqft for 1,266 sqft. The unit has 2 registered sales; the first was AED 1,236,001 in October 2011.

What is the rent for unit 1301?

AED 87,000 a year on the contract signed on 10 June 2026. The previous contract, from September 2016, was AED 115,000.

How big is unit 1301?

1,266 sqft (117.6 sqm): a two-bedroom apartment on the 13th floor of a 21-storey tower completed in 2010.

What is unit 1301 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 1301, Scala Tower (Al Madar Tower)

Starts from the last sale price (AED 1.55M, 18 June 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,545,000
Deposit, UAE resident (20%)
AED 309,000
Deposit, non-resident (40%)
AED 618,000
Monthly over 25 years at 3.7%
AED 6,321

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