505, Scala Tower (Al Madar Tower)
Sold prices and rental history: sold 4 times, last in June 2022, 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 505, Scala Tower (Al Madar Tower)
What is 505 worth today?
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Source: Dubai Land Department. Updated 6 March 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 959 sqft
- Floor
- 5th of 21
- Parking
- B2-52
- Developer
- Al Madar Investment
- Completed
- 2010
- Service charge
- AED 15,600 /yr
- Last sold
- AED 730K · June 2022
- Building
- Scala Tower (Al Madar Tower)
About 505, Scala Tower (Al Madar Tower)
505 is a one-bedroom apartment of 959 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 23 June 2022 for AED 730,000, or AED 761 per sqft.
It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 6 March 2026, is AED 72,765 a year: a gross yield of 10.0% on the 2022 price, before the service charge of about AED 15,600 a year.
Sales and rents for 505 over time
505 has sold 4 times; 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 505 sits
All 123 1-beds →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. 505's AED 72,765 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 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 | |
| 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 | |
| 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 |
505, Scala Tower (Al Madar Tower) in numbers
- Sold 4 times: first on 23 May 2009 for AED 1,167,500, last on 23 June 2022 for AED 730,000 (AED 761 per sqft).
- Rented since April 2013 on 13 Ejari contracts, from AED 44,000 to AED 72,765 a year.
- At AED 72,765 a year the gross yield on the 2022 price is 10.0%, before a service charge of about AED 15,600 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 6 March 2026.
Questions about 505, Scala Tower (Al Madar Tower)
What did unit 505 last sell for?
AED 730,000 on 23 June 2022: AED 761 per sqft for 959 sqft. The unit has 4 registered sales; the first was AED 1,167,500 in May 2009.
What is the rent for unit 505?
AED 72,765 a year on the contract renewed on 6 March 2026. The previous contract, from March 2025, was AED 72,765; the unit has been rented since April 2013.
How big is unit 505?
959 sqft (89.1 sqm): a one-bedroom apartment on the 5th floor of a 21-storey tower completed in 2010.
What is unit 505 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 505, Scala Tower (Al Madar Tower)
Starts from the last sale price (AED 730K, 23 June 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 730,000
- Deposit, UAE resident (20%)
- AED 146,000
- Deposit, non-resident (40%)
- AED 292,000
- Monthly over 25 years at 3.7%
- AED 2,987
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →