608, Scala Tower (Al Madar Tower)
Sold prices and rental history: sold twice, last in October 2013, 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 608, Scala Tower (Al Madar Tower)
What is 608 worth today?
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Source: Dubai Land Department. Updated 25 November 2024.
Key facts
- Type
- Studio apartment
- Size
- 482 sqft
- Floor
- 6th of 21
- Parking
- B2-08
- Developer
- Al Madar Investment
- Completed
- 2010
- Service charge
- AED 7,900 /yr
- Last sold
- AED 513K · October 2013
- Building
- Scala Tower (Al Madar Tower)
About 608, Scala Tower (Al Madar Tower)
608 is a studio of 482 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 3 October 2013 for AED 513,269, or AED 1,064 per sqft, 7% below the AED 1,144 studios in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 25 November 2024, is AED 51,975 a year: a gross yield of 10.1% on the 2013 price, before the service charge of about AED 7,900 a year.
Sales and rents for 608 over time
608 has sold twice; 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 608 sits
All 20 studios →608 last sold in October 2013 at AED 1,064 per sqft, 7% below what studios in Scala Tower (Al Madar Tower) were fetching at the time (AED 1,144). 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. 608's AED 51,975 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 6th floor
All 177 units in Scala Tower (Al Madar Tower)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 2-bed | 1,254 sqft | AED 1.38MAED 1,380,000 · Jul 2023July 2023 | 90,000 /yr | |
| 602 | 1-bed | 888 sqft | AED 1.18MAED 1,175,000 · Jul 2015July 2015 | 80,000 /yr | |
| 603 | 2-bed | 1,272 sqft | AED 1.54MAED 1,535,767 · Jun 2014June 2014 | 105,000 /yr | |
| 604 | 1-bed | 978 sqft | AED 1.18MAED 1,180,000 · Apr 2025April 2025 | 80,000 /yr | |
| 605 | 1-bed | 959 sqft | AED 1.02MAED 1,015,000 · May 2017May 2017 | 78,000 /yr | |
| 606 | Studio | 398 sqft | AED 480KAED 480,000 · Mar 2023March 2023 | 40,000 /yr | |
| 607 | 1-bed | 743 sqft | AED 1MAED 1,000,000 · Apr 2025April 2025 | 74,000 /yr | |
| 609 | Studio | 484 sqft | AED 547KAED 547,260 · Oct 2013October 2013 | 46,805 /yr | |
| 610 | 1-bed | 757 sqft | AED 865KAED 865,000 · Apr 2024April 2024 | ||
| 611 | Studio | 398 sqft | AED 760KAED 760,000 · Feb 2016February 2016 | 90,000 /yr | |
| 612 | 1-bed | 1,001 sqft | AED 1.1MAED 1,100,000 · Sep 2025September 2025 | 71,000 /yr | |
| 613 | 1-bed | 965 sqft | AED 1.12MAED 1,121,572 · Jan 2015January 2015 | 68,000 /yr |
608, Scala Tower (Al Madar Tower) in numbers
- Sold twice: first on 23 May 2009 for AED 513,269, last on 3 October 2013 for AED 513,269 (AED 1,064 per sqft).
- Rented since October 2013 on 9 Ejari contracts. The rent fell from AED 54,000 to AED 35,000 in 2021 and recovered to AED 51,975 by November 2024.
- At AED 51,975 a year the gross yield on the 2013 price is 10.1%, 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 25 November 2024.
Questions about 608, Scala Tower (Al Madar Tower)
What did unit 608 last sell for?
AED 513,269 on 3 October 2013: AED 1,064 per sqft for 482 sqft. The unit has 2 registered sales; the first was AED 513,269 in May 2009.
What is the rent for unit 608?
AED 51,975 a year on the contract renewed on 25 November 2024. The previous contract, from November 2023, was AED 47,250; the unit has been rented since October 2013.
How big is unit 608?
482 sqft (44.8 sqm): a studio on the 6th floor of a 21-storey tower completed in 2010.
What is unit 608 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 608, Scala Tower (Al Madar Tower)
Starts from the last sale price (AED 513K, 3 October 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 513,269
- Deposit, UAE resident (20%)
- AED 102,654
- Deposit, non-resident (40%)
- AED 205,308
- Monthly over 25 years at 3.7%
- AED 2,100
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →