503, Scala Tower (Al Madar Tower)
Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, Scala Tower (Al Madar Tower)
What is 503 worth today?
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Source: Dubai Land Department. Updated 25 September 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,272 sqft
- Floor
- 5th of 21
- Parking
- B2-50
- Developer
- Al Madar Investment
- Completed
- 2010
- Service charge
- AED 20,700 /yr
- Last sold
- AED 1.69M · May 2009
- Building
- Scala Tower (Al Madar Tower)
About 503, Scala Tower (Al Madar Tower)
503 is a two-bedroom apartment of 1,272 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. The developer sold it on 23 May 2009 for AED 1,685,000, or AED 1,324 per sqft, in line with the AED 1,324 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, renewed on 25 September 2026, is AED 108,000 a year: a gross yield of 6.4% on the 2009 price, before the service charge of about AED 20,700 a year.
Sales and rents for 503 over time
503 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 503 sits
All 34 2-beds →503 last sold in May 2009 at AED 1,324 per sqft, in line with what two-beds in Scala Tower (Al Madar Tower) were fetching at the time (AED 1,324). 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. 503's AED 108,000 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 | ||
| 5 Aug 20255 August 2025 | 2,113 sqft | 2,156,000 | 1,020 |
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 | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,254 sqft | AED 2.05MAED 2,050,000 · Aug 2025August 2025 | 110,000 /yr | |
| 502 | 1-bed | 888 sqft | AED 1.25MAED 1,250,000 · Dec 2014December 2014 | 47,000 /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 |
503, Scala Tower (Al Madar Tower) in numbers
- Sold once: by Al Madar Investment on 23 May 2009 for AED 1,685,000, or AED 1,324 per sqft.
- Rented since February 2016 on 9 Ejari contracts. The rent fell from AED 103,000 to AED 80,000 in 2020 and recovered to AED 108,000 by September 2026.
- At AED 108,000 a year the gross yield on the 2009 price is 6.4%, before a service charge of about AED 20,700 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 25 September 2026.
Questions about 503, Scala Tower (Al Madar Tower)
What did unit 503 last sell for?
AED 1,685,000 on 23 May 2009, sold by the developer: AED 1,324 per sqft for 1,272 sqft. It is the only registered sale of the unit.
What is the rent for unit 503?
AED 108,000 a year on the contract renewed on 25 September 2026. The previous contract, from September 2025, was AED 110,000; the unit has been rented since February 2016.
How big is unit 503?
1,272 sqft (118.2 sqm): a two-bedroom apartment on the 5th floor of a 21-storey tower completed in 2010.
What is unit 503 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 503, Scala Tower (Al Madar Tower)
Starts from the last sale price (AED 1.69M, 23 May 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,685,000
- Deposit, UAE resident (20%)
- AED 337,000
- Deposit, non-resident (40%)
- AED 674,000
- Monthly over 25 years at 3.7%
- AED 6,894
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →