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

611, Scala Tower (Al Madar Tower)

Sold prices and rental history: sold 3 times, last in February 2016, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 611 · DLD and Ejari recordsUpdated 9 November 2023
Last soldAED 760K18 February 2016
Current rentAED 90K /yr9 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 611, Scala Tower (Al Madar Tower)

What is 611 worth today?

Last sold for AED 760,000 in 2016

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9 Nov 2023RentedNew contract
AED 90,000/yr12 months · AED 226 per sqft
31 Jan 2019RentedNew contract
AED 55,000/yr12 months · AED 138 per sqft
18 Feb 2016SoldReady
AED 760,000AED 1,909 per sqft
31 Jan 2016RentedNew contract
AED 68,000/yr12 months · AED 171 per sqft
3 Oct 2013SoldReady
AED 473,483AED 1,189 per sqft
23 May 2009Sold by developerOff-plan
AED 473,483AED 1,189 per sqft

Source: Dubai Land Department. Updated 9 November 2023.

Key facts

Type
Studio apartment
Size
398 sqft
Floor
6th of 21
Parking
B2-11
Developer
Al Madar Investment
Completed
2010
Service charge
AED 6,500 /yr
Last sold
AED 760K · February 2016

About 611, Scala Tower (Al Madar Tower)

611 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 18 February 2016 for AED 760,000, or AED 1,909 per sqft.

It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 9 November 2023, is AED 90,000 a year: a gross yield of 11.8% on the 2016 price, before the service charge of about AED 6,500 a year.

Sales and rents for 611 over time

Sales
Unit 611, each saleTypical studio in Scala Tower (Al Madar Tower)
400K600K800K2009201420192024Typical 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 473,483 (AED 1,189 per sqft)Sold, October 2013: AED 473,483 (AED 1,189 per sqft)Sold, February 2016: AED 760,000 (AED 1,909 per sqft)

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

Rents
Unit 611, each contractTypical studio in Scala Tower (Al Madar Tower)
50K100K2014201820222026Typical 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, January 2016: AED 68,000 a yearNew contract, January 2019: AED 55,000 a yearNew contract, November 2023: AED 90,000 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 611 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. 611's AED 90,000 is in the upper half 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
606StudioAED 480K · Mar 2023
6071-bedAED 1M · Apr 2025
1–7 of 12

611, Scala Tower (Al Madar Tower) in numbers

  • Sold 3 times: first on 23 May 2009 for AED 473,483, last on 18 February 2016 for AED 760,000 (AED 1,909 per sqft).
  • Rented since January 2016 on 3 Ejari contracts. The rent fell from AED 68,000 to AED 55,000 in 2019 and recovered to AED 90,000 by November 2023.
  • At AED 90,000 a year the gross yield on the 2016 price is 11.8%, 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 9 November 2023.

Questions about 611, Scala Tower (Al Madar Tower)

What did unit 611 last sell for?

AED 760,000 on 18 February 2016: AED 1,909 per sqft for 398 sqft. The unit has 3 registered sales; the first was AED 473,483 in May 2009.

What is the rent for unit 611?

AED 90,000 a year on the contract signed on 9 November 2023. The previous contract, from January 2019, was AED 55,000; the unit has been rented since January 2016.

How big is unit 611?

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

What is unit 611 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 611, Scala Tower (Al Madar Tower)

Starts from the last sale price (AED 760K, 18 February 2016). Switch to today's estimate once you have unlocked it.
Price
AED 760,000
Deposit, UAE resident (20%)
AED 152,000
Deposit, non-resident (40%)
AED 304,000
Monthly over 25 years at 3.7%
AED 3,109

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