1-bed · 988 sqftScala Tower (Al Madar Tower), Business Bay · 14th floor · completed 2010

1408, Scala Tower (Al Madar Tower)

Sold prices and rental history: sold 3 times, last in January 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1408 · DLD and Ejari recordsUpdated 5 March 2026
Last soldAED 1.1M10 January 2013
Current rentAED 73K /yr5 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1408, Scala Tower (Al Madar Tower)

What is 1408 worth today?

Last sold for AED 1,100,000 in 2013

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5 Mar 2026RentedRenewal
AED 72,765/yr12 months · AED 73 per sqft
5 Mar 2025RentedRenewal
AED 69,300/yr12 months · AED 70 per sqft
5 Mar 2025RentedRenewal
AED 69,300/yr12 months · AED 70 per sqft
5 Mar 2024RentedRenewal
AED 63,000/yr12 months · AED 64 per sqft
5 Mar 2023RentedRenewal
AED 60,000/yr12 months · AED 61 per sqft
5 Mar 2022RentedNew contract
AED 55,000/yr12 months · AED 56 per sqft
1 Feb 2017RentedRenewal
AED 85,000/yr12 months · AED 86 per sqft
1 Feb 2016RentedRenewal
AED 91,350/yr12 months · AED 92 per sqft

Source: Dubai Land Department. Updated 5 March 2026.

Key facts

Type
1-bed apartment
Size
988 sqft
Floor
14th of 21
Parking
P2-38
Developer
Al Madar Investment
Completed
2010
Service charge
AED 16,100 /yr
Last sold
AED 1.1M · January 2013

About 1408, Scala Tower (Al Madar Tower)

1408 is a one-bedroom apartment of 988 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 10 January 2013 for AED 1,100,000, or AED 1,113 per sqft, 11% below the AED 1,253 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 5 March 2026, is AED 72,765 a year: a gross yield of 6.6% on the 2013 price, before the service charge of about AED 16,100 a year.

Sales and rents for 1408 over time

Sales
Unit 1408, each saleTypical one-bed in Scala Tower (Al Madar Tower)
1M2009201420192024Typical 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 1,180,000Sold by developer, May 2009: AED 1,285,000 (AED 1,300 per sqft)Sold, December 2012: AED 1,285,000 (AED 1,300 per sqft)Sold, January 2013: AED 1,100,000 (AED 1,113 per sqft)

1408 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1408, 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, February 2015: AED 91,350 a yearRenewal, February 2016: AED 91,350 a yearRenewal, February 2017: AED 85,000 a yearNew contract, March 2022: AED 55,000 a yearRenewal, March 2023: AED 60,000 a yearRenewal, March 2024: AED 63,000 a yearRenewal, March 2025: AED 69,300 a yearRenewal, March 2025: AED 69,300 a yearRenewal, March 2026: AED 72,765 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 1408 sits

All 123 1-beds →

1408 last sold in January 2013 at AED 1,113 per sqft, 11% below what one-beds in Scala Tower (Al Madar Tower) were fetching at the time (AED 1,253). 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. 1408's AED 72,765 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
14012-bedAED 1.51M · Jun 2016
14021-bedAED 1.3M · Nov 2016
14032-bedAED 1.73M · Apr 2016
14041-bedAED 1.08M · Jun 2013
14051-bedAED 1.15M · Apr 2026
14061-bedAED 448K · Sep 2013
14071-bedAED 850K · Sep 2013
1–7 of 8

1408, Scala Tower (Al Madar Tower) in numbers

  • Sold 3 times: first on 25 May 2009 for AED 1,285,000, last on 10 January 2013 for AED 1,100,000 (AED 1,113 per sqft).
  • Rented since February 2015 on 9 Ejari contracts. The rent fell from AED 91,350 to AED 55,000 in 2022 and recovered to AED 72,765 by March 2026.
  • At AED 72,765 a year the gross yield on the 2013 price is 6.6%, before a service charge of about AED 16,100 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 5 March 2026.

Questions about 1408, Scala Tower (Al Madar Tower)

What did unit 1408 last sell for?

AED 1,100,000 on 10 January 2013: AED 1,113 per sqft for 988 sqft. The unit has 3 registered sales; the first was AED 1,285,000 in May 2009.

What is the rent for unit 1408?

AED 72,765 a year on the contract renewed on 5 March 2026. The previous contract, from March 2025, was AED 69,300; the unit has been rented since February 2015.

How big is unit 1408?

988 sqft (91.8 sqm): a one-bedroom apartment on the 14th floor of a 21-storey tower completed in 2010.

What is unit 1408 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 1408, Scala Tower (Al Madar Tower)

Starts from the last sale price (AED 1.1M, 10 January 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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