1-bed · 965 sqftScala Tower (Al Madar Tower), Business Bay · 20th floor · completed 2010

2009, Scala Tower (Al Madar Tower)

Sold prices and rental history: sold twice, last in September 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2009 · DLD and Ejari recordsUpdated 13 September 2023
Last soldAED 1.06M13 September 2023
Current rentAED 58K /yr11 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2009, Scala Tower (Al Madar Tower)

What is 2009 worth today?

Last sold for AED 1,061,500 in 2023

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13 Sep 2023SoldReady
AED 1,061,500AED 1,100 per sqft
11 Nov 2022RentedNew contract
AED 58,000/yr12 months · AED 60 per sqft
11 Nov 2020RentedNew contract
AED 55,000/yr12 months · AED 57 per sqft
9 Sep 2019RentedNew contract
AED 64,000/yr12 months · AED 66 per sqft
24 Oct 2018RentedNew contract
AED 70,000/yr12 months · AED 73 per sqft
12 Oct 2016RentedNew contract
AED 80,000/yr12 months · AED 83 per sqft
28 Jul 2013Sold by developerReady
AED 579,000AED 600 per sqft

Source: Dubai Land Department. Updated 13 September 2023.

Key facts

Type
1-bed apartment
Size
965 sqft
Floor
20th of 21
Parking
B1-42
Developer
Al Madar Investment
Completed
2010
Service charge
AED 15,700 /yr
Last sold
AED 1.06M · September 2023

About 2009, Scala Tower (Al Madar Tower)

2009 is a one-bedroom apartment of 965 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 13 September 2023 for AED 1,061,500, or AED 1,100 per sqft, 24% above the AED 884 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 11 November 2022, is AED 58,000 a year: a gross yield of 5.5% on the 2023 price, before the service charge of about AED 15,700 a year.

Sales and rents for 2009 over time

Sales
Unit 2009, 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)Sold, September 2023: AED 1,061,500 (AED 1,100 per sqft)

2009 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2009, each contractTypical one-bed in Scala Tower (Al Madar Tower)
60K80K2013201720212025Typical 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, October 2016: AED 80,000 a yearNew contract, October 2018: AED 70,000 a yearNew contract, September 2019: AED 64,000 a yearNew contract, November 2020: AED 55,000 a yearNew contract, November 2022: AED 58,000 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 2009 sits

All 123 1-beds →

2009 last sold in September 2023 at AED 1,100 per sqft, 24% above what one-beds in Scala Tower (Al Madar Tower) were fetching at the time (AED 884). 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. 2009's AED 58,000 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
20012-bedAED 1.96M · Jul 2025
20021-bedAED 1.65M · Dec 2023
20032-bedAED 1.25M · Apr 2021
20041-bedAED 1.35M · Jul 2025
20051-bedAED 1.1M · Nov 2024
20061-bedAED 880K · May 2024
20071-bedAED 1M · Mar 2025
1–7 of 8

2009, Scala Tower (Al Madar Tower) in numbers

  • Sold twice: first on 28 July 2013 for AED 579,000, last on 13 September 2023 for AED 1,061,500 (AED 1,100 per sqft).
  • Rented since October 2016 on 5 Ejari contracts, from AED 80,000 to AED 58,000 a year.
  • At AED 58,000 a year the gross yield on the 2023 price is 5.5%, 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 13 September 2023.

Questions about 2009, Scala Tower (Al Madar Tower)

What did unit 2009 last sell for?

AED 1,061,500 on 13 September 2023: AED 1,100 per sqft for 965 sqft. The unit has 2 registered sales; the first was AED 579,000 in July 2013.

What is the rent for unit 2009?

AED 58,000 a year on the contract signed on 11 November 2022. The previous contract, from November 2020, was AED 55,000; the unit has been rented since October 2016.

How big is unit 2009?

965 sqft (89.7 sqm): a one-bedroom apartment on the 20th floor of a 21-storey tower completed in 2010.

What is unit 2009 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 2009, Scala Tower (Al Madar Tower)

Starts from the last sale price (AED 1.06M, 13 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,061,500
Deposit, UAE resident (20%)
AED 212,300
Deposit, non-resident (40%)
AED 424,600
Monthly over 25 years at 3.7%
AED 4,343

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