501, Scala Tower (Al Madar Tower)
Sold prices and rental history: sold 5 times, last in August 2025, and rented once, from May 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Scala Tower (Al Madar Tower)
What is 501 worth today?
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Source: Dubai Land Department. Updated 19 August 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,254 sqft
- Floor
- 5th of 21
- Parking
- B2-48
- Developer
- Al Madar Investment
- Completed
- 2010
- Service charge
- AED 20,400 /yr
- Last sold
- AED 2.05M · August 2025
- Building
- Scala Tower (Al Madar Tower)
About 501, Scala Tower (Al Madar Tower)
501 is a two-bedroom apartment of 1,254 sqft on the 5th 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 19 August 2025 for AED 2,050,000, or AED 1,634 per sqft, 18% above the AED 1,382 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 15 May 2024. The current contract, signed on 15 May 2024, is AED 110,000 a year: a gross yield of 5.4% on the 2025 price, before the service charge of about AED 20,400 a year.
Sales and rents for 501 over time
501 has sold 5 times; 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 501 sits
All 34 2-beds →501 last sold in August 2025 at AED 1,634 per sqft, 18% above 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. 501'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 | ||
| 5 Aug 20255 August 2025 | 2,113 sqft | 2,156,000 | 1,020 | ||
| 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 5th floor
All 177 units in Scala Tower (Al Madar Tower)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 1-bed | 888 sqft | AED 1.25MAED 1,250,000 · Dec 2014December 2014 | 47,000 /yr | |
| 503 | 2-bed | 1,272 sqft | AED 1.69MAED 1,685,000 · May 2009May 2009 | 108,000 /yr | |
| 504 | 1-bed | 978 sqft | AED 1.05MAED 1,050,000 · Mar 2023March 2023 | 65,000 /yr | |
| 505 | 1-bed | 959 sqft | AED 730KAED 730,000 · Jun 2022June 2022 | 72,765 /yr | |
| 506 | Studio | 398 sqft | AED 595KAED 595,000 · Dec 2012December 2012 | 46,200 /yr | |
| 507 | 1-bed | 743 sqft | AED 900KAED 900,000 · Feb 2017February 2017 | 59,839 /yr | |
| 508 | Studio | 482 sqft | AED 525KAED 525,000 · Oct 2024October 2024 | 45,000 /yr | |
| 509 | Studio | 484 sqft | AED 721KAED 720,913 · Mar 2013March 2013 | 50,000 /yr | |
| 510 | 1-bed | 757 sqft | AED 1.03MAED 1,030,000 · May 2013May 2013 | 55,000 /yr | |
| 511 | Studio | 398 sqft | AED 750KAED 750,000 · Nov 2013November 2013 | 53,000 /yr | |
| 512 | 1-bed | 1,001 sqft | AED 800KAED 800,000 · May 2023May 2023 | 42,000 /yr | |
| 513 | 1-bed | 965 sqft | AED 800KAED 800,000 · May 2023May 2023 | 83,000 /yr |
501, Scala Tower (Al Madar Tower) in numbers
- Sold 5 times: first on 15 July 2010 for AED 1,695,000, last on 19 August 2025 for AED 2,050,000 (AED 1,634 per sqft).
- Rented since May 2024 on one Ejari contract, at AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2025 price is 5.4%, before a service charge of about AED 20,400 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 19 August 2025.
Questions about 501, Scala Tower (Al Madar Tower)
What did unit 501 last sell for?
AED 2,050,000 on 19 August 2025: AED 1,634 per sqft for 1,254 sqft. The unit has 5 registered sales; the first was AED 1,695,000 in July 2010.
What is the rent for unit 501?
AED 110,000 a year on the contract signed on 15 May 2024.
How big is unit 501?
1,254 sqft (116.5 sqm): a two-bedroom apartment on the 5th floor of a 21-storey tower completed in 2010.
What is unit 501 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 501, Scala Tower (Al Madar Tower)
Starts from the last sale price (AED 2.05M, 19 August 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,050,000
- Deposit, UAE resident (20%)
- AED 410,000
- Deposit, non-resident (40%)
- AED 820,000
- Monthly over 25 years at 3.7%
- AED 8,387
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →