1403, Scala Tower (Al Madar Tower)
Sold prices and rental history: sold twice, last in April 2016, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1403, Scala Tower (Al Madar Tower)
What is 1403 worth today?
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Source: Dubai Land Department. Updated 25 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,274 sqft
- Floor
- 14th of 21
- Parking
- P2-12
- Developer
- Al Madar Investment
- Completed
- 2010
- Service charge
- AED 20,800 /yr
- Last sold
- AED 1.73M · April 2016
- Building
- Scala Tower (Al Madar Tower)
About 1403, Scala Tower (Al Madar Tower)
1403 is a two-bedroom apartment of 1,274 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 11 April 2016 for AED 1,730,000, or AED 1,357 per sqft, in line with the AED 1,334 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 25 November 2024, is AED 94,116 a year: a gross yield of 5.4% on the 2016 price, before the service charge of about AED 20,800 a year.
Sales and rents for 1403 over time
1403 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 1403 sits
All 34 2-beds →1403 last sold in April 2016 at AED 1,357 per sqft, in line with 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. 1403's AED 94,116 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 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 | |
| 1402 | 1-bed | 924 sqft | AED 1.3MAED 1,300,000 · Nov 2016November 2016 | 60,000 /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 |
1403, Scala Tower (Al Madar Tower) in numbers
- Sold twice: first on 26 May 2009 for AED 1,500,000, last on 11 April 2016 for AED 1,730,000 (AED 1,357 per sqft).
- Rented since June 2015 on 6 Ejari contracts. The rent fell from AED 83,536 to AED 60,000 in 2020 and recovered to AED 94,116 by November 2024.
- At AED 94,116 a year the gross yield on the 2016 price is 5.4%, 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 25 November 2024.
Questions about 1403, Scala Tower (Al Madar Tower)
What did unit 1403 last sell for?
AED 1,730,000 on 11 April 2016: AED 1,357 per sqft for 1,274 sqft. The unit has 2 registered sales; the first was AED 1,500,000 in May 2009.
What is the rent for unit 1403?
AED 94,116 a year on the contract signed on 25 November 2024. The previous contract, from November 2022, was AED 74,400; the unit has been rented since June 2015.
How big is unit 1403?
1,274 sqft (118.4 sqm): a two-bedroom apartment on the 14th floor of a 21-storey tower completed in 2010.
What is unit 1403 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 1403, Scala Tower (Al Madar Tower)
Starts from the last sale price (AED 1.73M, 11 April 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,730,000
- Deposit, UAE resident (20%)
- AED 346,000
- Deposit, non-resident (40%)
- AED 692,000
- Monthly over 25 years at 3.7%
- AED 7,078
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →