2004, Scala Tower (Al Madar Tower)
Sold prices and rental history: sold twice, last in July 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2004, Scala Tower (Al Madar Tower)
What is 2004 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 15 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 978 sqft
- Floor
- 20th of 21
- Parking
- P3-06
- Developer
- Al Madar Investment
- Completed
- 2010
- Service charge
- AED 15,900 /yr
- Last sold
- AED 1.35M · July 2025
- Building
- Scala Tower (Al Madar Tower)
About 2004, Scala Tower (Al Madar Tower)
2004 is a one-bedroom apartment of 978 sqft on the 20th 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 18 July 2025 for AED 1,350,000, or AED 1,380 per sqft, 14% above the AED 1,212 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 15 September 2026, is AED 120,000 a year: a gross yield of 8.9% on the 2025 price, before the service charge of about AED 15,900 a year.
Sales and rents for 2004 over time
2004 has sold twice; 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 2004 sits
All 123 1-beds →2004 last sold in July 2025 at AED 1,380 per sqft, 14% above what one-beds in Scala Tower (Al Madar Tower) were fetching at the time (AED 1,212). 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. 2004's AED 120,000 is in the upper 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 20th floor
All 177 units in Scala Tower (Al Madar Tower)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 2-bed | 1,266 sqft | AED 1.96MAED 1,962,000 · Jul 2025July 2025 | 83,950 /yr | |
| 2002 | 1-bed | 883 sqft | AED 1.65MAED 1,650,000 · Dec 2023December 2023 | 104,709 /yr | |
| 2003 | 2-bed | 1,274 sqft | AED 1.25MAED 1,250,000 · Apr 2021April 2021 | 110,000 /yr | |
| 2005 | 1-bed | 959 sqft | AED 1.1MAED 1,100,000 · Nov 2024November 2024 | 58,000 /yr | |
| 2006 | 1-bed | 747 sqft | AED 880KAED 880,000 · May 2024May 2024 | 55,200 /yr | |
| 2007 | 1-bed | 739 sqft | AED 1MAED 1,000,000 · Mar 2025March 2025 | 82,000 /yr | |
| 2008 | 1-bed | 988 sqft | AED 1.27MAED 1,266,000 · Feb 2025February 2025 | 68,250 /yr | |
| 2009 | 1-bed | 965 sqft | AED 1.06MAED 1,061,500 · Sep 2023September 2023 | 58,000 /yr |
2004, Scala Tower (Al Madar Tower) in numbers
- Sold twice: first on 28 July 2013 for AED 586,800, last on 18 July 2025 for AED 1,350,000 (AED 1,380 per sqft).
- Rented since October 2013 on 5 Ejari contracts. The rent fell from AED 75,000 to AED 59,400 in 2023 and recovered to AED 120,000 by September 2026.
- At AED 120,000 a year the gross yield on the 2025 price is 8.9%, before a service charge of about AED 15,900 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 15 September 2026.
Questions about 2004, Scala Tower (Al Madar Tower)
What did unit 2004 last sell for?
AED 1,350,000 on 18 July 2025: AED 1,380 per sqft for 978 sqft. The unit has 2 registered sales; the first was AED 586,800 in July 2013.
What is the rent for unit 2004?
AED 120,000 a year on the contract signed on 15 September 2026. The previous contract, from July 2023, was AED 59,400; the unit has been rented since October 2013.
How big is unit 2004?
978 sqft (90.9 sqm): a one-bedroom apartment on the 20th floor of a 21-storey tower completed in 2010.
What is unit 2004 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 2004? 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 2004, Scala Tower (Al Madar Tower)
Starts from the last sale price (AED 1.35M, 18 July 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,350,000
- Deposit, UAE resident (20%)
- AED 270,000
- Deposit, non-resident (40%)
- AED 540,000
- Monthly over 25 years at 3.7%
- AED 5,523
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →