401, Scala Tower (Al Madar Tower)
Sold prices and rental history: sold once, by the developer in August 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 401, Scala Tower (Al Madar Tower)
What is 401 worth today?
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Source: Dubai Land Department. Updated 5 August 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 2,113 sqft
- Floor
- 4th of 21
- Parking
- P1-17
- Developer
- Al Madar Investment
- Completed
- 2010
- Service charge
- AED 34,400 /yr
- Last sold
- AED 2.16M · August 2025
- Building
- Scala Tower (Al Madar Tower)
About 401, Scala Tower (Al Madar Tower)
401 is a two-bedroom apartment of 2,113 sqft on the 4th 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 5 August 2025 for AED 2,156,000, or AED 1,020 per sqft, 26% below the AED 1,382 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 1 October 2023, is AED 110,000 a year: a gross yield of 5.1% on the 2025 price, before the service charge of about AED 34,400 a year.
Sales and rents for 401 over time
401 has sold once; 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 401 sits
All 34 2-beds →401 last sold in August 2025 at AED 1,020 per sqft, 26% below what two-beds in Scala Tower (Al Madar Tower) were fetching at the time (AED 1,382). 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. 401'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 | ||
| 30 Jul 202530 July 2025 | 1,266 sqft | 1,962,000 | 1,549 |
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 4th floor
All 177 units in Scala Tower (Al Madar Tower)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 402 | 1-bed | 1,289 sqft | AED 1.44MAED 1,435,000 · Oct 2025October 2025 | 63,989 /yr | |
| 404 | 1-bed | 1,450 sqft | AED 1.37MAED 1,370,000 · Aug 2025August 2025 | 65,000 /yr | |
| 405 | 1-bed | 1,432 sqft | AED 1.42MAED 1,420,000 · Oct 2025October 2025 | ||
| 406 | Studio | 981 sqft | AED 1MAED 1,000,000 · Feb 2026February 2026 | 119,678 /yr | |
| 408 | Studio | 482 sqft | AED 700KAED 700,000 · Apr 2025April 2025 | 83,775 /yr | |
| 409 | Studio | 484 sqft | AED 780KAED 780,000 · Feb 2026February 2026 | 56,000 /yr | |
| 410 | 1-bed | 757 sqft | AED 1MAED 1,000,000 · Jul 2025July 2025 | 70,000 /yr | |
| 411 | Studio | 999 sqft | AED 1.05MAED 1,050,000 · Sep 2026September 2026 | 120,000 /yr | |
| 412 | 1-bed | 1,473 sqft | AED 1.45MAED 1,450,000 · Sep 2025September 2025 | 150,000 /yr |
401, Scala Tower (Al Madar Tower) in numbers
- Sold once: by Al Madar Investment on 5 August 2025 for AED 2,156,000, or AED 1,020 per sqft.
- Rented since December 2013 on 8 Ejari contracts. The rent fell from AED 89,250 to AED 75,000 in 2021 and recovered to AED 110,000 by October 2023.
- At AED 110,000 a year the gross yield on the 2025 price is 5.1%, before a service charge of about AED 34,400 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 5 August 2025.
Questions about 401, Scala Tower (Al Madar Tower)
What did unit 401 last sell for?
AED 2,156,000 on 5 August 2025, sold by the developer: AED 1,020 per sqft for 2,113 sqft. It is the only registered sale of the unit.
What is the rent for unit 401?
AED 110,000 a year on the contract renewed on 1 October 2023. The previous contract, from March 2023, was AED 110,000; the unit has been rented since December 2013.
How big is unit 401?
2,113 sqft (196.3 sqm): a two-bedroom apartment on the 4th floor of a 21-storey tower completed in 2010.
What is unit 401 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 401, Scala Tower (Al Madar Tower)
Starts from the last sale price (AED 2.16M, 5 August 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,156,000
- Deposit, UAE resident (20%)
- AED 431,200
- Deposit, non-resident (40%)
- AED 862,400
- Monthly over 25 years at 3.7%
- AED 8,821
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →