404, Scala Tower (Al Madar Tower)
Sold prices and rental history: sold once, by the developer in August 2025, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 404, Scala Tower (Al Madar Tower)
What is 404 worth today?
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Source: Dubai Land Department. Updated 20 August 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,450 sqft
- Floor
- 4th of 21
- Parking
- P1-02
- Developer
- Al Madar Investment
- Completed
- 2010
- Service charge
- AED 23,600 /yr
- Last sold
- AED 1.37M · August 2025
- Building
- Scala Tower (Al Madar Tower)
About 404, Scala Tower (Al Madar Tower)
404 is a one-bedroom apartment of 1,450 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 20 August 2025 for AED 1,370,000, or AED 944 per sqft, 23% below the AED 1,229 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 30 January 2023, is AED 65,000 a year: a gross yield of 4.7% on the 2025 price, before the service charge of about AED 23,600 a year.
Sales and rents for 404 over time
404 has sold once; 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 404 sits
All 123 1-beds →404 last sold in August 2025 at AED 944 per sqft, 23% below what one-beds in Scala Tower (Al Madar Tower) were fetching at the time (AED 1,229). 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. 404's AED 65,000 is in the lower 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 4th floor
All 177 units in Scala Tower (Al Madar Tower)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 2,113 sqft | AED 2.16MAED 2,156,000 · Aug 2025August 2025 | 110,000 /yr | |
| 402 | 1-bed | 1,289 sqft | AED 1.44MAED 1,435,000 · Oct 2025October 2025 | 63,989 /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 |
404, Scala Tower (Al Madar Tower) in numbers
- Sold once: by Al Madar Investment on 20 August 2025 for AED 1,370,000, or AED 944 per sqft.
- Rented since August 2017 on 5 Ejari contracts. The rent fell from AED 78,000 to AED 55,000 in 2021 and recovered to AED 65,000 by January 2023.
- At AED 65,000 a year the gross yield on the 2025 price is 4.7%, before a service charge of about AED 23,600 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 20 August 2025.
Questions about 404, Scala Tower (Al Madar Tower)
What did unit 404 last sell for?
AED 1,370,000 on 20 August 2025, sold by the developer: AED 944 per sqft for 1,450 sqft. It is the only registered sale of the unit.
What is the rent for unit 404?
AED 65,000 a year on the contract signed on 30 January 2023. The previous contract, from November 2021, was AED 55,000; the unit has been rented since August 2017.
How big is unit 404?
1,450 sqft (134.7 sqm): a one-bedroom apartment on the 4th floor of a 21-storey tower completed in 2010.
What is unit 404 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 404, Scala Tower (Al Madar Tower)
Starts from the last sale price (AED 1.37M, 20 August 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,370,000
- Deposit, UAE resident (20%)
- AED 274,000
- Deposit, non-resident (40%)
- AED 548,000
- Monthly over 25 years at 3.7%
- AED 5,605
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →