1903, Scala Tower (Al Madar Tower)
Sold prices and rental history: sold twice, last in September 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1903, Scala Tower (Al Madar Tower)
What is 1903 worth today?
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Source: Dubai Land Department. Updated 1 July 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,274 sqft
- Floor
- 19th of 21
- Parking
- B1-27& B1-67& P3-35
- Developer
- Al Madar Investment
- Completed
- 2010
- Service charge
- AED 20,800 /yr
- Last sold
- AED 1.5M · September 2023
- Building
- Scala Tower (Al Madar Tower)
About 1903, Scala Tower (Al Madar Tower)
1903 is a two-bedroom apartment of 1,274 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. It last sold on 12 September 2023 for AED 1,500,000, or AED 1,177 per sqft, 7% above the AED 1,100 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 1 July 2025, is AED 110,000 a year: a gross yield of 7.3% on the 2023 price, before the service charge of about AED 20,800 a year.
Sales and rents for 1903 over time
1903 has sold twice; the dashed line is the two-bed median of each year in the building.
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 1903 sits
All 34 2-beds →1903 last sold in September 2023 at AED 1,177 per sqft, 7% above what two-beds in Scala Tower (Al Madar Tower) were fetching at the time (AED 1,100). 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. 1903's AED 110,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Apr 202620 April 2026 | 1,266 sqft | 1,610,550 | 1,272 | ||
| 6 Feb 20266 February 2026 | 1,274 sqft | 2,050,000 | 1,609 | ||
| 19 Aug 202519 August 2025 | 1,254 sqft | 2,050,000 | 1,634 | ||
| 5 Aug 20255 August 2025 | 2,113 sqft | 2,156,000 | 1,020 |
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 | |
| 1902 | 1-bed | 890 sqft | AED 534KAED 534,000 · Jul 2013July 2013 | 65,000 /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 |
1903, Scala Tower (Al Madar Tower) in numbers
- Sold twice: first on 28 July 2013 for AED 764,400, last on 12 September 2023 for AED 1,500,000 (AED 1,177 per sqft).
- Rented since February 2014 on 9 Ejari contracts. The rent fell from AED 104,738 to AED 74,000 in 2021 and recovered to AED 110,000 by July 2025.
- At AED 110,000 a year the gross yield on the 2023 price is 7.3%, 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 1 July 2025.
Questions about 1903, Scala Tower (Al Madar Tower)
What did unit 1903 last sell for?
AED 1,500,000 on 12 September 2023: AED 1,177 per sqft for 1,274 sqft. The unit has 2 registered sales; the first was AED 764,400 in July 2013.
What is the rent for unit 1903?
AED 110,000 a year on the contract signed on 1 July 2025. The previous contract, from July 2025, was AED 110,000; the unit has been rented since February 2014.
How big is unit 1903?
1,274 sqft (118.4 sqm): a two-bedroom apartment on the 19th floor of a 21-storey tower completed in 2010.
What is unit 1903 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 1903, Scala Tower (Al Madar Tower)
Starts from the last sale price (AED 1.5M, 12 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,500,000
- Deposit, UAE resident (20%)
- AED 300,000
- Deposit, non-resident (40%)
- AED 600,000
- Monthly over 25 years at 3.7%
- AED 6,137
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →