1402, Scala Tower (Al Madar Tower)
Sold prices and rental history: sold twice, last in November 2016, and rented once, from June 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1402, Scala Tower (Al Madar Tower)
What is 1402 worth today?
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Source: Dubai Land Department. Updated 21 November 2016.
Key facts
- Type
- 1-bed apartment
- Size
- 924 sqft
- Floor
- 14th of 21
- Parking
- P2-11
- Developer
- Al Madar Investment
- Completed
- 2010
- Service charge
- AED 15,100 /yr
- Last sold
- AED 1.3M · November 2016
- Building
- Scala Tower (Al Madar Tower)
About 1402, Scala Tower (Al Madar Tower)
1402 is a one-bedroom apartment of 924 sqft on the 14th 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 21 November 2016 for AED 1,300,000, or AED 1,406 per sqft, 34% above the AED 1,048 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 5 June 2014. The current contract, signed on 5 June 2014, is AED 60,000 a year: a gross yield of 4.6% on the 2016 price, before the service charge of about AED 15,100 a year.
Sales and rents for 1402 over time
1402 has sold twice; the dashed line is the one-bed median of each year in the building.
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 1402 sits
All 123 1-beds →1402 last sold in November 2016 at AED 1,406 per sqft, 34% above what one-beds in Scala Tower (Al Madar Tower) were fetching at the time (AED 1,048). 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. 1402's AED 60,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Aug 202610 August 2026 | 965 sqft | 1,070,000 | 1,108 | ||
| 10 Aug 202610 August 2026 | 959 sqft | 1,210,000 | 1,261 | ||
| 5 Jun 20265 June 2026 | 959 sqft | 1,225,270 | 1,277 | ||
| 24 Apr 202624 April 2026 | 959 sqft | 1,150,000 | 1,199 |
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 14th floor
All 177 units in Scala Tower (Al Madar Tower)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 2-bed | 1,266 sqft | AED 1.51MAED 1,510,000 · Jun 2016June 2016 | 120,000 /yr | |
| 1403 | 2-bed | 1,274 sqft | AED 1.73MAED 1,730,000 · Apr 2016April 2016 | 94,116 /yr | |
| 1404 | 1-bed | 978 sqft | AED 1.08MAED 1,075,800 · Jun 2013June 2013 | 75,000 /yr | |
| 1405 | 1-bed | 959 sqft | AED 1.15MAED 1,150,000 · Apr 2026April 2026 | 120,000 /yr | |
| 1406 | 1-bed | 747 sqft | AED 448KAED 448,000 · Sep 2013September 2013 | 72,000 /yr | |
| 1407 | 1-bed | 739 sqft | AED 850KAED 849,850 · Sep 2013September 2013 | 74,799 /yr | |
| 1408 | 1-bed | 988 sqft | AED 1.1MAED 1,100,000 · Jan 2013January 2013 | 72,765 /yr | |
| 1409 | 1-bed | 965 sqft | AED 1.05MAED 1,050,000 · Mar 2025March 2025 |
1402, Scala Tower (Al Madar Tower) in numbers
- Sold twice: first on 26 May 2009 for AED 1,160,000, last on 21 November 2016 for AED 1,300,000 (AED 1,406 per sqft).
- Rented since June 2014 on one Ejari contract, at AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2016 price is 4.6%, before a service charge of about AED 15,100 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 21 November 2016.
Questions about 1402, Scala Tower (Al Madar Tower)
What did unit 1402 last sell for?
AED 1,300,000 on 21 November 2016: AED 1,406 per sqft for 924 sqft. The unit has 2 registered sales; the first was AED 1,160,000 in May 2009.
What is the rent for unit 1402?
AED 60,000 a year on the contract signed on 5 June 2014.
How big is unit 1402?
924 sqft (85.8 sqm): a one-bedroom apartment on the 14th floor of a 21-storey tower completed in 2010.
What is unit 1402 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 1402, Scala Tower (Al Madar Tower)
Starts from the last sale price (AED 1.3M, 21 November 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,300,000
- Deposit, UAE resident (20%)
- AED 260,000
- Deposit, non-resident (40%)
- AED 520,000
- Monthly over 25 years at 3.7%
- AED 5,319
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →