2-bed · 1,274 sqftScala Tower (Al Madar Tower), Business Bay · 18th floor · completed 2010

1803, Scala Tower (Al Madar Tower)

Sold prices and rental history: sold 6 times, last in October 2023, and rented continuously since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1803 · DLD and Ejari recordsUpdated 6 May 2027
Last soldAED 1.54M2 October 2023
Current rentAED 63K /yr6 May 2027
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1803, Scala Tower (Al Madar Tower)

What is 1803 worth today?

Last sold for AED 1,535,000 in 2023

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6 May 2027RentedRenewal
AED 62,500/yr48 months · AED 49 per sqft
6 May 2026RentedRenewal
AED 120,000/yr12 months · AED 94 per sqft
6 May 2025RentedNew contract
AED 120,000/yr12 months · AED 94 per sqft
6 May 2025RentedNew contract
AED 120,000/yr12 months · AED 94 per sqft
2 Oct 2023SoldReady
AED 1,535,000AED 1,204 per sqft
8 Jun 2023SoldReady
AED 1,300,000AED 1,020 per sqft
2 Feb 2021SoldReady
AED 950,000AED 745 per sqft
25 Apr 2013SoldReady
AED 1,500,000AED 1,177 per sqft

Source: Dubai Land Department. Updated 6 May 2027.

Key facts

Type
2-bed apartment
Size
1,274 sqft
Floor
18th of 21
Parking
P3-40
Developer
Al Madar Investment
Completed
2010
Service charge
AED 20,800 /yr
Last sold
AED 1.54M · October 2023

About 1803, Scala Tower (Al Madar Tower)

1803 is a two-bedroom apartment of 1,274 sqft on the 18th 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 2 October 2023 for AED 1,535,000, or AED 1,204 per sqft, 8% above the AED 1,119 two-beds in the building were fetching at the time.

It has been rented continuously since 2025 on 4 Ejari contracts. The current contract, renewed on 6 May 2027, is AED 62,500 a year: a gross yield of 4.1% on the 2023 price, before the service charge of about AED 20,800 a year.

Sales and rents for 1803 over time

Sales
Unit 1803, each saleTypical two-bed in Scala Tower (Al Madar Tower)
1M1.5M2M2009201420192024Typical sale price by year: 2009 AED 1,687,500; 2012 AED 1,780,000; 2013 AED 1,556,988; 2014 AED 1,709,100; 2015 AED 1,650,000; 2021 AED 1,005,000; 2023 AED 1,415,000; 2025 AED 1,962,000Sold by developer, May 2009: AED 1,763,000 (AED 1,383 per sqft)Sold, April 2013: AED 1,500,000 (AED 1,177 per sqft)Sold, April 2013: AED 1,763,000 (AED 1,383 per sqft)Sold, February 2021: AED 950,000 (AED 745 per sqft)Sold, June 2023: AED 1,300,000 (AED 1,020 per sqft)Sold, October 2023: AED 1,535,000 (AED 1,204 per sqft)

1803 has sold 6 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1803, each contractTypical two-bed in Scala Tower (Al Madar Tower)
100K2013201720212025Typical rent by year: 2013 AED 73,500; 2014 AED 101,200; 2015 AED 114,583; 2016 AED 117,437; 2017 AED 108,000; 2018 AED 95,000; 2019 AED 85,000; 2020 AED 75,000; 2021 AED 71,000; 2022 AED 77,200; 2023 AED 83,000; 2024 AED 114,000; 2025 AED 115,000; 2026 AED 112,500New contract, May 2025: AED 120,000 a yearNew contract, May 2025: AED 120,000 a yearRenewal, May 2026: AED 120,000 a yearRenewal, May 2027: AED 62,500 a year

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 1803 sits

All 34 2-beds →

1803 last sold in October 2023 at AED 1,204 per sqft, 8% above what two-beds in Scala Tower (Al Madar Tower) were fetching at the time (AED 1,119). 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. 1803's AED 62,500 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Apr 20261,610,550
6 Feb 20262,050,000
19 Aug 20252,050,000
5 Aug 20252,156,000
2 2-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
18012-bedAED 1.75M · May 2025
18021-bedAED 325K · Aug 2012
18041-bedAED 600K · May 2025
18051-bedAED 1.42M · May 2009
18061-bedAED 1.03M · Mar 2026
18071-bedAED 1.05M · Dec 2014
18081-bedAED 1.33M · Feb 2025
1–7 of 8

1803, Scala Tower (Al Madar Tower) in numbers

  • Sold 6 times: first on 25 May 2009 for AED 1,763,000, last on 2 October 2023 for AED 1,535,000 (AED 1,204 per sqft).
  • Rented since May 2025 on 4 Ejari contracts, from AED 120,000 to AED 62,500 a year.
  • At AED 62,500 a year the gross yield on the 2023 price is 4.1%, before a service charge of about AED 20,800 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 6 May 2027.

Questions about 1803, Scala Tower (Al Madar Tower)

What did unit 1803 last sell for?

AED 1,535,000 on 2 October 2023: AED 1,204 per sqft for 1,274 sqft. The unit has 6 registered sales; the first was AED 1,763,000 in May 2009.

What is the rent for unit 1803?

AED 62,500 a year on the contract renewed on 6 May 2027. The previous contract, from May 2026, was AED 120,000; the unit has been rented since May 2025.

How big is unit 1803?

1,274 sqft (118.4 sqm): a two-bedroom apartment on the 18th floor of a 21-storey tower completed in 2010.

What is unit 1803 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 1803, Scala Tower (Al Madar Tower)

Starts from the last sale price (AED 1.54M, 2 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,535,000
Deposit, UAE resident (20%)
AED 307,000
Deposit, non-resident (40%)
AED 614,000
Monthly over 25 years at 3.7%
AED 6,280

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