1-bed · 965 sqftScala Tower (Al Madar Tower), Business Bay · 17th floor · completed 2010

1709, Scala Tower (Al Madar Tower)

Sold prices and rental history: sold 3 times, last in June 2021, and rented once, from October 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1709 · DLD and Ejari recordsUpdated 9 June 2021
Last soldAED 890K9 June 2021
Current rentAED 57K /yr1 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1709, Scala Tower (Al Madar Tower)

What is 1709 worth today?

Last sold for AED 890,000 in 2021

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

9 Jun 2021SoldReady
AED 890,000AED 922 per sqft
1 Oct 2020RentedNew contract
AED 57,000/yr12 months · AED 59 per sqft
24 Jul 2016SoldReady
AED 1,100,000AED 1,139 per sqft
25 May 2009Sold by developerOff-plan
AED 1,425,000AED 1,476 per sqft

Source: Dubai Land Department. Updated 9 June 2021.

Key facts

Type
1-bed apartment
Size
965 sqft
Floor
17th of 21
Parking
P2-16
Developer
Al Madar Investment
Completed
2010
Service charge
AED 15,700 /yr
Last sold
AED 890K · June 2021

About 1709, Scala Tower (Al Madar Tower)

1709 is a one-bedroom apartment of 965 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 9 June 2021 for AED 890,000, or AED 922 per sqft, 6% above the AED 868 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 October 2020. The current contract, signed on 1 October 2020, is AED 57,000 a year: a gross yield of 6.4% on the 2021 price, before the service charge of about AED 15,700 a year.

Sales and rents for 1709 over time

Sales
Unit 1709, 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 1,425,000 (AED 1,476 per sqft)Sold, July 2016: AED 1,100,000 (AED 1,139 per sqft)Sold, June 2021: AED 890,000 (AED 922 per sqft)

1709 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1709, 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, October 2020: AED 57,000 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 1709 sits

All 123 1-beds →

1709 last sold in June 2021 at AED 922 per sqft, 6% above what one-beds in Scala Tower (Al Madar Tower) were fetching at the time (AED 868). 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. 1709's AED 57,000 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
17041-bedAED 1.1M · Mar 2025
17051-bedAED 870K · Jul 2022
17061-bedAED 1.05M · May 2009
17071-bedAED 850K · Jun 2024
1–7 of 8

1709, Scala Tower (Al Madar Tower) in numbers

  • Sold 3 times: first on 25 May 2009 for AED 1,425,000, last on 9 June 2021 for AED 890,000 (AED 922 per sqft).
  • Rented since October 2020 on one Ejari contract, at AED 57,000 a year.
  • At AED 57,000 a year the gross yield on the 2021 price is 6.4%, before a service charge of about AED 15,700 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 9 June 2021.

Questions about 1709, Scala Tower (Al Madar Tower)

What did unit 1709 last sell for?

AED 890,000 on 9 June 2021: AED 922 per sqft for 965 sqft. The unit has 3 registered sales; the first was AED 1,425,000 in May 2009.

What is the rent for unit 1709?

AED 57,000 a year on the contract signed on 1 October 2020.

How big is unit 1709?

965 sqft (89.7 sqm): a one-bedroom apartment on the 17th floor of a 21-storey tower completed in 2010.

What is unit 1709 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.

Selling 1709? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1709, Scala Tower (Al Madar Tower)

Starts from the last sale price (AED 890K, 9 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 890,000
Deposit, UAE resident (20%)
AED 178,000
Deposit, non-resident (40%)
AED 356,000
Monthly over 25 years at 3.7%
AED 3,641

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