1701, Scala Tower (Al Madar Tower)
Sold prices and rental history: sold twice, last in August 2021, 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 1701, Scala Tower (Al Madar Tower)
What is 1701 worth today?
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Source: Dubai Land Department. Updated 20 June 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,266 sqft
- Floor
- 17th of 21
- Parking
- P3-20
- Developer
- Al Madar Investment
- Completed
- 2010
- Service charge
- AED 20,600 /yr
- Last sold
- AED 900K · August 2021
- Building
- Scala Tower (Al Madar Tower)
About 1701, Scala Tower (Al Madar Tower)
1701 is a two-bedroom apartment of 1,266 sqft on the 17th 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 23 August 2021 for AED 900,000, or AED 710 per sqft, 5% below the AED 745 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 20 June 2025, is AED 50,000 a year: a gross yield of 5.6% on the 2021 price, before the service charge of about AED 20,600 a year.
Sales and rents for 1701 over time
1701 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 1701 sits
All 34 2-beds →1701 last sold in August 2021 at AED 710 per sqft, 5% below what two-beds in Scala Tower (Al Madar Tower) were fetching at the time (AED 745). 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. 1701's AED 50,000 is at the bottom 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 17th floor
All 177 units in Scala Tower (Al Madar Tower)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1702 | 1-bed | 903 sqft | AED 542KAED 541,800 · Jul 2013July 2013 | 105,000 /yr | |
| 1703 | 2-bed | 1,274 sqft | AED 1.45MAED 1,450,000 · Sep 2023September 2023 | 90,000 /yr | |
| 1704 | 1-bed | 978 sqft | AED 1.1MAED 1,100,000 · Mar 2025March 2025 | 75,000 /yr | |
| 1705 | 1-bed | 959 sqft | AED 870KAED 870,000 · Jul 2022July 2022 | 75,000 /yr | |
| 1706 | 1-bed | 747 sqft | AED 1.05MAED 1,045,000 · May 2009May 2009 | 65,000 /yr | |
| 1707 | 1-bed | 739 sqft | AED 850KAED 850,000 · Jun 2024June 2024 | 90,000 /yr | |
| 1708 | 1-bed | 988 sqft | AED 1.05MAED 1,050,000 · Feb 2024February 2024 | 53,000 /yr | |
| 1709 | 1-bed | 965 sqft | AED 890KAED 890,000 · Jun 2021June 2021 | 57,000 /yr |
1701, Scala Tower (Al Madar Tower) in numbers
- Sold twice: first on 25 May 2009 for AED 1,886,650, last on 23 August 2021 for AED 900,000 (AED 710 per sqft).
- Rented since January 2015 on 9 Ejari contracts, from AED 92,525 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2021 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 20 June 2025.
Questions about 1701, Scala Tower (Al Madar Tower)
What did unit 1701 last sell for?
AED 900,000 on 23 August 2021: AED 710 per sqft for 1,266 sqft. The unit has 2 registered sales; the first was AED 1,886,650 in May 2009.
What is the rent for unit 1701?
AED 50,000 a year on the contract signed on 20 June 2025. The previous contract, from June 2025, was AED 50,000; the unit has been rented since January 2015.
How big is unit 1701?
1,266 sqft (117.6 sqm): a two-bedroom apartment on the 17th floor of a 21-storey tower completed in 2010.
What is unit 1701 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 1701, Scala Tower (Al Madar Tower)
Starts from the last sale price (AED 900K, 23 August 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 900,000
- Deposit, UAE resident (20%)
- AED 180,000
- Deposit, non-resident (40%)
- AED 360,000
- Monthly over 25 years at 3.7%
- AED 3,682
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →