409, Scala Tower (Al Madar Tower)
Sold prices and rental history: sold twice, last in February 2026, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 409, Scala Tower (Al Madar Tower)
What is 409 worth today?
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Source: Dubai Land Department. Updated 9 June 2026.
Key facts
- Type
- Studio apartment
- Size
- 484 sqft
- Floor
- 4th of 21
- Parking
- P1-07
- Developer
- Al Madar Investment
- Completed
- 2010
- Service charge
- AED 7,900 /yr
- Last sold
- AED 780K · February 2026
- Building
- Scala Tower (Al Madar Tower)
About 409, Scala Tower (Al Madar Tower)
409 is a studio of 484 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. It last sold on 11 February 2026 for AED 780,000, or AED 1,611 per sqft, 11% above the AED 1,452 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 9 June 2026, is AED 56,000 a year: a gross yield of 7.2% on the 2026 price, before the service charge of about AED 7,900 a year.
Sales and rents for 409 over time
409 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Scala Tower (Al Madar Tower), and where 409 sits
All 20 studios →409 last sold in February 2026 at AED 1,611 per sqft, 11% above what studios in Scala Tower (Al Madar Tower) were fetching at the time (AED 1,452). Over the last 12 months studios sold for AED 620,000 to 1,050,000, around AED 1,301 per sqft, and rent for AED 40,000 to 120,000 a year. 409's AED 56,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Sep 202628 September 2026 | 999 sqft | 1,050,000 | 1,051 | ||
| 25 Feb 202625 February 2026 | 400 sqft | 620,000 | 1,550 | ||
| 5 Feb 20265 February 2026 | 981 sqft | 1,000,000 | 1,019 | ||
| 10 Jul 202510 July 2025 | 981 sqft | 700,000 | 713 |
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 | |
| 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 | |
| 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 |
409, Scala Tower (Al Madar Tower) in numbers
- Sold twice: first on 3 January 2025 for AED 700,000, last on 11 February 2026 for AED 780,000 (AED 1,611 per sqft).
- Rented since January 2019 on 7 Ejari contracts. The rent fell from AED 46,000 to AED 34,000 in 2021 and recovered to AED 56,000 by June 2026.
- At AED 56,000 a year the gross yield on the 2026 price is 7.2%, before a service charge of about AED 7,900 a year (AED 16.30 per sqft).
- Studios in Scala Tower (Al Madar Tower) sold for AED 620,000–1,050,000 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 9 June 2026.
Questions about 409, Scala Tower (Al Madar Tower)
What did unit 409 last sell for?
AED 780,000 on 11 February 2026: AED 1,611 per sqft for 484 sqft. The unit has 2 registered sales; the first was AED 700,000 in January 2025.
What is the rent for unit 409?
AED 56,000 a year on the contract signed on 9 June 2026. The previous contract, from June 2025, was AED 56,000; the unit has been rented since January 2019.
How big is unit 409?
484 sqft (45.0 sqm): a studio on the 4th floor of a 21-storey tower completed in 2010.
What is unit 409 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Scala Tower (Al Madar Tower) sold for AED 620,000 to 1,050,000 in the last 12 months, around AED 1,301 per sqft.
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Mortgage on 409, Scala Tower (Al Madar Tower)
Starts from the last sale price (AED 780K, 11 February 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 780,000
- Deposit, UAE resident (20%)
- AED 156,000
- Deposit, non-resident (40%)
- AED 312,000
- Monthly over 25 years at 3.7%
- AED 3,191
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →