1902, 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 1902, Scala Tower (Al Madar Tower)
What is 1902 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 1 November 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 890 sqft
- Floor
- 19th of 21
- Parking
- B1-26& B1-66& P3-34
- Developer
- Al Madar Investment
- Completed
- 2010
- Service charge
- AED 14,500 /yr
- Last sold
- AED 534K · July 2013
- Building
- Scala Tower (Al Madar Tower)
About 1902, Scala Tower (Al Madar Tower)
1902 is a one-bedroom apartment of 890 sqft on the 19th 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 534,000, 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 4 Ejari contracts. The current contract, signed on 1 November 2022, is AED 65,000 a year: a gross yield of 12.2% on the 2013 price, before the service charge of about AED 14,500 a year.
Sales and rents for 1902 over time
1902 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 1902 sits
All 123 1-beds →1902 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. 1902's AED 65,000 is in the lower 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 19th floor
All 177 units in Scala Tower (Al Madar Tower)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1901 | 2-bed | 1,266 sqft | AED 760KAED 759,600 · Jul 2013July 2013 | 83,000 /yr | |
| 1903 | 2-bed | 1,274 sqft | AED 1.5MAED 1,500,000 · Sep 2023September 2023 | 110,000 /yr | |
| 1904 | 1-bed | 978 sqft | AED 1.35MAED 1,350,000 · Jul 2025July 2025 | 120,000 /yr | |
| 1905 | 1-bed | 959 sqft | AED 1.21MAED 1,210,000 · Aug 2026August 2026 | 120,000 /yr | |
| 1906 | 1-bed | 747 sqft | AED 1.2MAED 1,200,000 · Aug 2025August 2025 | 48,000 /yr | |
| 1907 | 1-bed | 739 sqft | AED 443KAED 443,400 · Jul 2013July 2013 | 90,000 /yr | |
| 1908 | 1-bed | 988 sqft | AED 593KAED 592,800 · Jul 2013July 2013 | 62,700 /yr | |
| 1909 | 1-bed | 965 sqft | AED 579KAED 579,000 · Jul 2013July 2013 | 62,700 /yr |
1902, Scala Tower (Al Madar Tower) in numbers
- Sold once: by Al Madar Investment on 28 July 2013 for AED 534,000, or AED 600 per sqft.
- Rented since August 2017 on 4 Ejari contracts, from AED 80,000 to AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2013 price is 12.2%, before a service charge of about AED 14,500 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 1 November 2022.
Questions about 1902, Scala Tower (Al Madar Tower)
What did unit 1902 last sell for?
AED 534,000 on 28 July 2013, sold by the developer: AED 600 per sqft for 890 sqft. It is the only registered sale of the unit.
What is the rent for unit 1902?
AED 65,000 a year on the contract signed on 1 November 2022. The previous contract, from October 2019, was AED 64,000; the unit has been rented since August 2017.
How big is unit 1902?
890 sqft (82.7 sqm): a one-bedroom apartment on the 19th floor of a 21-storey tower completed in 2010.
What is unit 1902 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 1902? 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.
Mortgage on 1902, Scala Tower (Al Madar Tower)
Starts from the last sale price (AED 534K, 28 July 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 534,000
- Deposit, UAE resident (20%)
- AED 106,800
- Deposit, non-resident (40%)
- AED 213,600
- Monthly over 25 years at 3.7%
- AED 2,185
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →