1-bed · 978 sqftScala Tower (Al Madar Tower), Business Bay · 17th floor · completed 2010

1704, Scala Tower (Al Madar Tower)

Sold prices and rental history: sold 5 times, last in March 2025, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1704 · DLD and Ejari recordsUpdated 26 July 2025
Last soldAED 1.1M12 March 2025
Current rentAED 75K /yr26 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1704, Scala Tower (Al Madar Tower)

What is 1704 worth today?

Last sold for AED 1,100,000 in 2025

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26 Jul 2025RentedNew contract
AED 75,000/yr12 months · AED 77 per sqft
12 Mar 2025SoldReady
AED 1,100,000AED 1,124 per sqft
10 Apr 2024RentedRenewal
AED 66,000/yr12 months · AED 68 per sqft
10 Apr 2023RentedRenewal
AED 66,000/yr12 months · AED 68 per sqft
10 Apr 2022RentedNew contract
AED 52,000/yr12 months · AED 53 per sqft
21 Feb 2021RentedNew contract
AED 45,000/yr12 months · AED 46 per sqft
10 Sep 2016RentedNew contract
AED 90,000/yr12 months · AED 92 per sqft
27 Jul 2015SoldReady
AED 1,220,000AED 1,247 per sqft

Source: Dubai Land Department. Updated 26 July 2025.

Key facts

Type
1-bed apartment
Size
978 sqft
Floor
17th of 21
Parking
P3-23
Developer
Al Madar Investment
Completed
2010
Service charge
AED 15,900 /yr
Last sold
AED 1.1M · March 2025

About 1704, Scala Tower (Al Madar Tower)

1704 is a one-bedroom apartment of 978 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 12 March 2025 for AED 1,100,000, or AED 1,124 per sqft, 3% below the AED 1,162 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 26 July 2025, is AED 75,000 a year: a gross yield of 6.8% on the 2025 price, before the service charge of about AED 15,900 a year.

Sales and rents for 1704 over time

Sales
Unit 1704, each saleTypical one-bed in Scala Tower (Al Madar Tower)
1M1.5M2009201420192024Typical 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 1,499,500 (AED 1,533 per sqft)Sold, March 2012: AED 1,499,500 (AED 1,533 per sqft)Sold, April 2012: AED 700,000 (AED 715 per sqft)Sold, July 2015: AED 1,220,000 (AED 1,247 per sqft)Sold, March 2025: AED 1,100,000 (AED 1,124 per sqft)

1704 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1704, each contractTypical one-bed in Scala Tower (Al Madar Tower)
50K75K2013201720212025Typical 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, September 2016: AED 90,000 a yearNew contract, February 2021: AED 45,000 a yearNew contract, April 2022: AED 52,000 a yearRenewal, April 2023: AED 66,000 a yearRenewal, April 2024: AED 66,000 a yearNew contract, July 2025: AED 75,000 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 1704 sits

All 123 1-beds →

1704 last sold in March 2025 at AED 1,124 per sqft, 3% below what one-beds in Scala Tower (Al Madar Tower) were fetching at the time (AED 1,162). 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. 1704's AED 75,000 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
17012-bedAED 900K · Aug 2021
17021-bedAED 542K · Jul 2013
17032-bedAED 1.45M · Sep 2023
17051-bedAED 870K · Jul 2022
17061-bedAED 1.05M · May 2009
17071-bedAED 850K · Jun 2024
17081-bedAED 1.05M · Feb 2024
1–7 of 8

1704, Scala Tower (Al Madar Tower) in numbers

  • Sold 5 times: first on 25 May 2009 for AED 1,499,500, last on 12 March 2025 for AED 1,100,000 (AED 1,124 per sqft).
  • Rented since September 2016 on 6 Ejari contracts. The rent fell from AED 90,000 to AED 45,000 in 2021 and recovered to AED 75,000 by July 2025.
  • At AED 75,000 a year the gross yield on the 2025 price is 6.8%, before a service charge of about AED 15,900 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 26 July 2025.

Questions about 1704, Scala Tower (Al Madar Tower)

What did unit 1704 last sell for?

AED 1,100,000 on 12 March 2025: AED 1,124 per sqft for 978 sqft. The unit has 5 registered sales; the first was AED 1,499,500 in May 2009.

What is the rent for unit 1704?

AED 75,000 a year on the contract signed on 26 July 2025. The previous contract, from April 2024, was AED 66,000; the unit has been rented since September 2016.

How big is unit 1704?

978 sqft (90.9 sqm): a one-bedroom apartment on the 17th floor of a 21-storey tower completed in 2010.

What is unit 1704 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 1704, Scala Tower (Al Madar Tower)

Starts from the last sale price (AED 1.1M, 12 March 2025). 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 →