1702, Scala Tower (Al Madar Tower)
Sold prices and rental history: sold once, by the developer in July 2013, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1702, Scala Tower (Al Madar Tower)
What is 1702 worth today?
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Source: Dubai Land Department. Updated 16 January 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 903 sqft
- Floor
- 17th of 21
- Parking
- P3-21
- Developer
- Al Madar Investment
- Completed
- 2010
- Service charge
- AED 14,700 /yr
- Last sold
- AED 542K · July 2013
- Building
- Scala Tower (Al Madar Tower)
About 1702, Scala Tower (Al Madar Tower)
1702 is a one-bedroom apartment of 903 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. The developer sold it on 28 July 2013 for AED 541,800, or AED 600 per sqft, 46% below the AED 1,106 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 16 January 2025, is AED 105,000 a year: a gross yield of 19.4% on the 2013 price, before the service charge of about AED 14,700 a year.
Sales and rents for 1702 over time
1702 has sold once; 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 1702 sits
All 123 1-beds →1702 last sold in July 2013 at AED 600 per sqft, 46% below what one-beds in Scala Tower (Al Madar Tower) were fetching at the time (AED 1,106). 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. 1702's AED 105,000 is in the upper 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 17th floor
All 177 units in Scala Tower (Al Madar Tower)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | 2-bed | 1,266 sqft | AED 900KAED 900,000 · Aug 2021August 2021 | 50,000 /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 |
1702, Scala Tower (Al Madar Tower) in numbers
- Sold once: by Al Madar Investment on 28 July 2013 for AED 541,800, or AED 600 per sqft.
- Rented since August 2017 on 6 Ejari contracts. The rent fell from AED 88,000 to AED 60,000 in 2020 and recovered to AED 105,000 by January 2025.
- At AED 105,000 a year the gross yield on the 2013 price is 19.4%, before a service charge of about AED 14,700 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 16 January 2025.
Questions about 1702, Scala Tower (Al Madar Tower)
What did unit 1702 last sell for?
AED 541,800 on 28 July 2013, sold by the developer: AED 600 per sqft for 903 sqft. It is the only registered sale of the unit.
What is the rent for unit 1702?
AED 105,000 a year on the contract signed on 16 January 2025. The previous contract, from January 2025, was AED 105,000; the unit has been rented since August 2017.
How big is unit 1702?
903 sqft (83.9 sqm): a one-bedroom apartment on the 17th floor of a 21-storey tower completed in 2010.
What is unit 1702 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 1702, Scala Tower (Al Madar Tower)
Starts from the last sale price (AED 542K, 28 July 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 541,800
- Deposit, UAE resident (20%)
- AED 108,360
- Deposit, non-resident (40%)
- AED 216,720
- Monthly over 25 years at 3.7%
- AED 2,217
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →