509, Scala Tower (Al Madar Tower)
Sold prices and rental history: sold once, by the developer in March 2013, 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 509, Scala Tower (Al Madar Tower)
What is 509 worth today?
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Source: Dubai Land Department. Updated 11 February 2026.
Key facts
- Type
- Studio apartment
- Size
- 484 sqft
- Floor
- 5th of 21
- Parking
- B2-56
- Developer
- Al Madar Investment
- Completed
- 2010
- Service charge
- AED 7,900 /yr
- Last sold
- AED 721K · March 2013
- Building
- Scala Tower (Al Madar Tower)
About 509, Scala Tower (Al Madar Tower)
509 is a studio of 484 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 5 March 2013 for AED 720,913, or AED 1,489 per sqft, 13% above the AED 1,317 studios in the building were fetching at the time.
It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, renewed on 11 February 2026, is AED 50,000 a year: a gross yield of 6.9% on the 2013 price, before the service charge of about AED 7,900 a year.
Sales and rents for 509 over time
509 has sold once; 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 509 sits
All 20 studios →509 last sold in March 2013 at AED 1,489 per sqft, 13% above what studios in Scala Tower (Al Madar Tower) were fetching at the time (AED 1,317). 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. 509's AED 50,000 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 | ||
| 11 Feb 202611 February 2026 | 484 sqft | 780,000 | 1,611 | ||
| 5 Feb 20265 February 2026 | 981 sqft | 1,000,000 | 1,019 |
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 | |
| 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 | |
| 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 |
509, Scala Tower (Al Madar Tower) in numbers
- Sold once: by Al Madar Investment on 5 March 2013 for AED 720,913, or AED 1,489 per sqft.
- Rented since February 2016 on 10 Ejari contracts. The rent fell from AED 40,000 to AED 35,000 in 2022 and recovered to AED 50,000 by February 2026.
- At AED 50,000 a year the gross yield on the 2013 price is 6.9%, 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 11 February 2026.
Questions about 509, Scala Tower (Al Madar Tower)
What did unit 509 last sell for?
AED 720,913 on 5 March 2013, sold by the developer: AED 1,489 per sqft for 484 sqft. It is the only registered sale of the unit.
What is the rent for unit 509?
AED 50,000 a year on the contract renewed on 11 February 2026. The previous contract, from February 2025, was AED 50,000; the unit has been rented since February 2016.
How big is unit 509?
484 sqft (45.0 sqm): a studio on the 5th floor of a 21-storey tower completed in 2010.
What is unit 509 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 509, Scala Tower (Al Madar Tower)
Starts from the last sale price (AED 721K, 5 March 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 720,913
- Deposit, UAE resident (20%)
- AED 144,183
- Deposit, non-resident (40%)
- AED 288,365
- Monthly over 25 years at 3.7%
- AED 2,949
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →