Studio · 398 sqftScala Tower (Al Madar Tower), Business Bay · 6th floor · completed 2010

606, Scala Tower (Al Madar Tower)

Sold prices and rental history: sold 3 times, last in March 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 606 · DLD and Ejari recordsUpdated 31 July 2027
Last soldAED 480K27 March 2023
Current rentAED 40K /yr31 July 2027
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 606, Scala Tower (Al Madar Tower)

What is 606 worth today?

Last sold for AED 480,000 in 2023

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31 Jul 2027RentedRenewal
AED 40,000/yr12 months · AED 100 per sqft
31 Jul 2026RentedNew contract
AED 40,000/yr12 months · AED 100 per sqft
30 Sep 2025RentedNew contract · flagged as an outlier
AED 432,000/yr12 months · AED 1,085 per sqft
15 Aug 2024RentedNew contract
AED 50,863/yr12 months · AED 128 per sqft
15 Jul 2023RentedNew contract
AED 45,000/yr12 months · AED 113 per sqft
27 Mar 2023SoldReady
AED 480,000AED 1,205 per sqft
25 Oct 2019RentedNew contract
AED 36,000/yr12 months · AED 90 per sqft
3 Oct 2013SoldReady
AED 431,806AED 1,084 per sqft

Source: Dubai Land Department. Updated 31 July 2027.

Key facts

Type
Studio apartment
Size
398 sqft
Floor
6th of 21
Parking
B2-06
Developer
Al Madar Investment
Completed
2010
Service charge
AED 6,500 /yr
Last sold
AED 480K · March 2023

About 606, Scala Tower (Al Madar Tower)

606 is a studio of 398 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 27 March 2023 for AED 480,000, or AED 1,205 per sqft.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 31 July 2027, is AED 40,000 a year: a gross yield of 8.3% on the 2023 price, before the service charge of about AED 6,500 a year.

Sales and rents for 606 over time

Sales
Unit 606, each saleTypical studio in Scala Tower (Al Madar Tower)
500K750K2009201420192024Typical sale price by year: 2009 AED 519,769; 2012 AED 512,249; 2013 AED 543,630; 2014 AED 607,385; 2023 AED 495,000; 2024 AED 560,000; 2025 AED 700,000; 2026 AED 890,000Sold by developer, May 2009: AED 431,806 (AED 1,084 per sqft)Sold, October 2013: AED 431,806 (AED 1,084 per sqft)Sold, March 2023: AED 480,000 (AED 1,205 per sqft)

606 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 606, each contractTypical studio in Scala Tower (Al Madar Tower)
40K60K2014201820222026Typical rent by year: 2014 AED 62,000; 2015 AED 54,150; 2016 AED 55,500; 2017 AED 52,000; 2018 AED 50,000; 2019 AED 42,000; 2020 AED 34,000; 2021 AED 35,000; 2022 AED 42,000; 2023 AED 46,000; 2024 AED 50,863; 2025 AED 56,500; 2026 AED 50,000New contract, October 2019: AED 36,000 a yearNew contract, July 2023: AED 45,000 a yearNew contract, August 2024: AED 50,863 a yearNew contract, July 2026: AED 40,000 a yearRenewal, July 2027: AED 40,000 a year

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 606 sits

All 20 studios →

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. 606's AED 40,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
28 Sep 20261,050,000
25 Feb 2026620,000
11 Feb 2026780,000
5 Feb 20261,000,000
4 studio 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
6032-bedAED 1.54M · Jun 2014
6041-bedAED 1.18M · Apr 2025
6051-bedAED 1.02M · May 2017
6071-bedAED 1M · Apr 2025
608StudioAED 513K · Oct 2013
1–7 of 12

606, Scala Tower (Al Madar Tower) in numbers

  • Sold 3 times: first on 23 May 2009 for AED 431,806, last on 27 March 2023 for AED 480,000 (AED 1,205 per sqft).
  • Rented since October 2019 on 6 Ejari contracts, from AED 36,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2023 price is 8.3%, before a service charge of about AED 6,500 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 31 July 2027.

Questions about 606, Scala Tower (Al Madar Tower)

What did unit 606 last sell for?

AED 480,000 on 27 March 2023: AED 1,205 per sqft for 398 sqft. The unit has 3 registered sales; the first was AED 431,806 in May 2009.

What is the rent for unit 606?

AED 40,000 a year on the contract renewed on 31 July 2027. The previous contract, from July 2026, was AED 40,000; the unit has been rented since October 2019.

How big is unit 606?

398 sqft (37.0 sqm): a studio on the 6th floor of a 21-storey tower completed in 2010.

What is unit 606 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 606, Scala Tower (Al Madar Tower)

Starts from the last sale price (AED 480K, 27 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 480,000
Deposit, UAE resident (20%)
AED 96,000
Deposit, non-resident (40%)
AED 192,000
Monthly over 25 years at 3.7%
AED 1,964

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