2-bed · 1,272 sqftScala Tower (Al Madar Tower), Business Bay · 6th floor · completed 2010

603, Scala Tower (Al Madar Tower)

Sold prices and rental history: sold twice, last in June 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 18 June 2025
Last soldAED 1.54M30 June 2014
Current rentAED 105K /yr18 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, Scala Tower (Al Madar Tower)

What is 603 worth today?

Last sold for AED 1,535,767 in 2014

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18 Jun 2025RentedNew contract
AED 105,000/yr12 months · AED 83 per sqft
18 Jun 2025RentedNew contract
AED 105,000/yr12 months · AED 83 per sqft
1 Nov 2022RentedRenewal
AED 80,000/yr12 months · AED 63 per sqft
29 Sep 2021RentedRenewal
AED 70,000/yr13 months · AED 55 per sqft
29 Sep 2020RentedRenewal
AED 67,000/yr12 months · AED 53 per sqft
29 Sep 2019RentedRenewal
AED 85,000/yr12 months · AED 67 per sqft
29 Sep 2018RentedNew contract
AED 85,000/yr12 months · AED 67 per sqft
11 Mar 2017RentedNew contract
AED 105,000/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 18 June 2025.

Key facts

Type
2-bed apartment
Size
1,272 sqft
Floor
6th of 21
Parking
B2-03
Developer
Al Madar Investment
Completed
2010
Service charge
AED 20,700 /yr
Last sold
AED 1.54M · June 2014

About 603, Scala Tower (Al Madar Tower)

603 is a two-bedroom apartment of 1,272 sqft on the 6th 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 30 June 2014 for AED 1,535,767, or AED 1,207 per sqft, in line with the AED 1,184 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 18 June 2025, is AED 105,000 a year: a gross yield of 6.8% on the 2014 price, before the service charge of about AED 20,700 a year.

Sales and rents for 603 over time

Sales
Unit 603, each saleTypical two-bed in Scala Tower (Al Madar Tower)
1M1.5M2M2009201420192024Typical sale price by year: 2009 AED 1,687,500; 2012 AED 1,780,000; 2013 AED 1,556,988; 2014 AED 1,709,100; 2015 AED 1,650,000; 2021 AED 1,005,000; 2023 AED 1,415,000; 2025 AED 1,962,000Sold by developer, May 2009: AED 1,535,767 (AED 1,207 per sqft)Sold, June 2014: AED 1,535,767 (AED 1,207 per sqft)

603 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 603, each contractTypical two-bed in Scala Tower (Al Madar Tower)
75K100K125K2013201720212025Typical rent by year: 2013 AED 73,500; 2014 AED 101,200; 2015 AED 114,583; 2016 AED 117,437; 2017 AED 108,000; 2018 AED 95,000; 2019 AED 85,000; 2020 AED 75,000; 2021 AED 71,000; 2022 AED 77,200; 2023 AED 83,000; 2024 AED 114,000; 2025 AED 115,000; 2026 AED 112,500New contract, July 2014: AED 89,700 a yearNew contract, March 2017: AED 105,000 a yearNew contract, September 2018: AED 85,000 a yearRenewal, September 2019: AED 85,000 a yearRenewal, September 2020: AED 67,000 a yearRenewal, September 2021: AED 70,000 a yearRenewal, November 2022: AED 80,000 a yearNew contract, June 2025: AED 105,000 a yearNew contract, June 2025: AED 105,000 a year

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 603 sits

All 34 2-beds →

603 last sold in June 2014 at AED 1,207 per sqft, in line with what two-beds in Scala Tower (Al Madar Tower) were fetching at the time (AED 1,184). 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. 603's AED 105,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Apr 20261,610,550
6 Feb 20262,050,000
19 Aug 20252,050,000
5 Aug 20252,156,000
2 2-bed sales in the last 12 months

Scala Tower (Al Madar Tower)

Building

177 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%
Scala Tower (Al Madar Tower), Business Bay: prices, sales and rents →
Value
6012-bedAED 1.38M · Jul 2023
6021-bedAED 1.18M · Jul 2015
6041-bedAED 1.18M · Apr 2025
6051-bedAED 1.02M · May 2017
606StudioAED 480K · Mar 2023
6071-bedAED 1M · Apr 2025
608StudioAED 513K · Oct 2013
1–7 of 12

603, Scala Tower (Al Madar Tower) in numbers

  • Sold twice: first on 23 May 2009 for AED 1,535,767, last on 30 June 2014 for AED 1,535,767 (AED 1,207 per sqft).
  • Rented since July 2014 on 9 Ejari contracts. The rent fell from AED 89,700 to AED 67,000 in 2020 and recovered to AED 105,000 by June 2025.
  • At AED 105,000 a year the gross yield on the 2014 price is 6.8%, 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 18 June 2025.

Questions about 603, Scala Tower (Al Madar Tower)

What did unit 603 last sell for?

AED 1,535,767 on 30 June 2014: AED 1,207 per sqft for 1,272 sqft. The unit has 2 registered sales; the first was AED 1,535,767 in May 2009.

What is the rent for unit 603?

AED 105,000 a year on the contract signed on 18 June 2025. The previous contract, from June 2025, was AED 105,000; the unit has been rented since July 2014.

How big is unit 603?

1,272 sqft (118.2 sqm): a two-bedroom apartment on the 6th floor of a 21-storey tower completed in 2010.

What is unit 603 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 603, Scala Tower (Al Madar Tower)

Starts from the last sale price (AED 1.54M, 30 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,535,767
Deposit, UAE resident (20%)
AED 307,153
Deposit, non-resident (40%)
AED 614,307
Monthly over 25 years at 3.7%
AED 6,283

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →