1-bed · 931 sqftScala Tower (Al Madar Tower), Business Bay · 13th floor · completed 2010

1302, Scala Tower (Al Madar Tower)

Sold prices and rental history: no registered sale, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1302 · DLD and Ejari recordsUpdated 30 June 2023
Current rentAED 62K /yr30 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1302, Scala Tower (Al Madar Tower)

What is 1302 worth today?

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30 Jun 2023RentedRenewal
AED 61,950/yr12 months · AED 67 per sqft
24 May 2022RentedRenewal
AED 53,636/yr13 months · AED 58 per sqft
24 May 2021RentedNew contract
AED 55,000/yr12 months · AED 59 per sqft
24 Mar 2020RentedNew contract
AED 64,000/yr12 months · AED 69 per sqft
25 Mar 2019RentedNew contract
AED 70,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 30 June 2023.

Key facts

Type
1-bed apartment
Size
931 sqft
Floor
13th of 21
Parking
P2-18
Developer
Al Madar Investment
Completed
2010
Service charge
AED 15,200 /yr
Last sold
No registered sale

About 1302, Scala Tower (Al Madar Tower)

1302 is a one-bedroom apartment of 931 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. No sale of the unit is registered with the Dubai Land Department.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 30 June 2023, is AED 61,950 a year, before the service charge of about AED 15,200 a year.

Sales and rents for 1302 over time

Sales
Unit 1302, 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 1,180,000

No registered sale of 1302; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1302, 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, March 2019: AED 70,000 a yearNew contract, March 2020: AED 64,000 a yearNew contract, May 2021: AED 55,000 a yearRenewal, May 2022: AED 53,636 a yearRenewal, June 2023: AED 61,950 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 1302 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. 1302's AED 61,950 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
13012-bedAED 1.55M · Jun 2013
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

1302, Scala Tower (Al Madar Tower) in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since March 2019 on 5 Ejari contracts. The rent fell from AED 70,000 to AED 53,636 in 2022 and recovered to AED 61,950 by June 2023.
  • 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 30 June 2023.

Questions about 1302, Scala Tower (Al Madar Tower)

What is the rent for unit 1302?

AED 61,950 a year on the contract renewed on 30 June 2023. The previous contract, from May 2022, was AED 53,636; the unit has been rented since March 2019.

How big is unit 1302?

931 sqft (86.5 sqm): a one-bedroom apartment on the 13th floor of a 21-storey tower completed in 2010.

What is unit 1302 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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