1-bed · 965 sqftScala Tower (Al Madar Tower), Business Bay · 19th floor · completed 2010

1909, Scala Tower (Al Madar Tower)

Sold prices and rental history: sold once, by the developer in July 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1909 · DLD and Ejari recordsUpdated 30 August 2023
Last soldAED 579K28 July 2013
Current rentAED 63K /yr30 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1909, Scala Tower (Al Madar Tower)

What is 1909 worth today?

Last sold for AED 579,000 in 2013

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30 Aug 2023RentedNew contract
AED 62,700/yr12 months · AED 65 per sqft
30 Aug 2019RentedNew contract
AED 62,000/yr12 months · AED 64 per sqft
15 Aug 2017RentedNew contract
AED 80,000/yr12 months · AED 83 per sqft
1 Jul 2016RentedNew contract
AED 90,000/yr12 months · AED 93 per sqft
12 Sep 2014RentedNew contract
AED 89,000/yr12 months · AED 92 per sqft
10 Feb 2014RentedNew contract
AED 131,672/yr6 months · AED 136 per sqft
28 Jul 2013Sold by developerReady
AED 579,000AED 600 per sqft

Source: Dubai Land Department. Updated 30 August 2023.

Key facts

Type
1-bed apartment
Size
965 sqft
Floor
19th of 21
Parking
B1-33& P3-13
Developer
Al Madar Investment
Completed
2010
Service charge
AED 15,700 /yr
Last sold
AED 579K · July 2013

About 1909, Scala Tower (Al Madar Tower)

1909 is a one-bedroom apartment of 965 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 579,000, 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 2014 on 6 Ejari contracts. The current contract, signed on 30 August 2023, is AED 62,700 a year: a gross yield of 10.8% on the 2013 price, before the service charge of about AED 15,700 a year.

Sales and rents for 1909 over time

Sales
Unit 1909, each saleTypical one-bed in Scala Tower (Al Madar Tower)
500K1M2009201420192024Typical 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, July 2013: AED 579,000 (AED 600 per sqft)

1909 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1909, each contractTypical one-bed in Scala Tower (Al Madar Tower)
50K100K2013201720212025Typical 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, February 2014: AED 131,672 a yearNew contract, September 2014: AED 89,000 a yearNew contract, July 2016: AED 90,000 a yearNew contract, August 2017: AED 80,000 a yearNew contract, August 2019: AED 62,000 a yearNew contract, August 2023: AED 62,700 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 1909 sits

All 123 1-beds →

1909 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. 1909's AED 62,700 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
19012-bedAED 760K · Jul 2013
19021-bedAED 534K · Jul 2013
19032-bedAED 1.5M · Sep 2023
19041-bedAED 1.35M · Jul 2025
19051-bedAED 1.21M · Aug 2026
19061-bedAED 1.2M · Aug 2025
19071-bedAED 443K · Jul 2013
1–7 of 8

1909, Scala Tower (Al Madar Tower) in numbers

  • Sold once: by Al Madar Investment on 28 July 2013 for AED 579,000, or AED 600 per sqft.
  • Rented since February 2014 on 6 Ejari contracts, from AED 131,672 to AED 62,700 a year.
  • At AED 62,700 a year the gross yield on the 2013 price is 10.8%, 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 30 August 2023.

Questions about 1909, Scala Tower (Al Madar Tower)

What did unit 1909 last sell for?

AED 579,000 on 28 July 2013, sold by the developer: AED 600 per sqft for 965 sqft. It is the only registered sale of the unit.

What is the rent for unit 1909?

AED 62,700 a year on the contract signed on 30 August 2023. The previous contract, from August 2019, was AED 62,000; the unit has been rented since February 2014.

How big is unit 1909?

965 sqft (89.7 sqm): a one-bedroom apartment on the 19th floor of a 21-storey tower completed in 2010.

What is unit 1909 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 1909, Scala Tower (Al Madar Tower)

Starts from the last sale price (AED 579K, 28 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 579,000
Deposit, UAE resident (20%)
AED 115,800
Deposit, non-resident (40%)
AED 231,600
Monthly over 25 years at 3.7%
AED 2,369

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