702, Scala Tower (Al Madar Tower)
Sold prices and rental history: sold 3 times, last in January 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 702, Scala Tower (Al Madar Tower)
What is 702 worth today?
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Source: Dubai Land Department. Updated 1 June 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 921 sqft
- Floor
- 7th of 21
- Parking
- B2-82
- Developer
- Al Madar Investment
- Completed
- 2010
- Service charge
- AED 15,000 /yr
- Last sold
- AED 775K · January 2013
- Building
- Scala Tower (Al Madar Tower)
About 702, Scala Tower (Al Madar Tower)
702 is a one-bedroom apartment of 921 sqft on the 7th 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 17 January 2013 for AED 775,000, or AED 841 per sqft, 31% below the AED 1,221 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 11 Ejari contracts. The current contract, renewed on 1 June 2026, is AED 58,500 a year: a gross yield of 7.5% on the 2013 price, before the service charge of about AED 15,000 a year.
Sales and rents for 702 over time
702 has sold 3 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Scala Tower (Al Madar Tower), and where 702 sits
All 123 1-beds →702 last sold in January 2013 at AED 841 per sqft, 31% below what one-beds in Scala Tower (Al Madar Tower) were fetching at the time (AED 1,221). Over the last 12 months one-beds sold for AED 1,030,000 to 1,705,000, around AED 1,345 per sqft, and rent for AED 55,000 to 150,000 a year. 702's AED 58,500 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Aug 202610 August 2026 | 965 sqft | 1,070,000 | 1,108 | ||
| 10 Aug 202610 August 2026 | 959 sqft | 1,210,000 | 1,261 | ||
| 5 Jun 20265 June 2026 | 959 sqft | 1,225,270 | 1,277 | ||
| 24 Apr 202624 April 2026 | 959 sqft | 1,150,000 | 1,199 |
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 7th floor
All 177 units in Scala Tower (Al Madar Tower)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,266 sqft | AED 1.75MAED 1,750,000 · Jun 2025June 2025 | 70,000 /yr | |
| 703 | 2-bed | 1,327 sqft | AED 1.38MAED 1,383,423 · Jan 2012January 2012 | 120,000 /yr | |
| 704 | 1-bed | 978 sqft | AED 1.22MAED 1,216,500 · Jun 2013June 2013 | 85,000 /yr | |
| 705 | 1-bed | 958 sqft | AED 1.18MAED 1,181,500 · Jan 2013January 2013 | 70,000 /yr | |
| 706 | Studio | 401 sqft | AED 600KAED 600,000 · Jun 2024June 2024 | 60,000 /yr | |
| 707 | 1-bed | 740 sqft | AED 830KAED 830,000 · Jul 2024July 2024 | 60,000 /yr | |
| 708 | Studio | 482 sqft | AED 740KAED 740,000 · May 2014May 2014 | 63,600 /yr | |
| 709 | Studio | 484 sqft | AED 560KAED 560,000 · Feb 2024February 2024 | 55,000 /yr | |
| 710 | 1-bed | 755 sqft | AED 876KAED 876,375 · Jun 2013June 2013 | 68,000 /yr | |
| 711 | Studio | 400 sqft | AED 450KAED 450,000 · Oct 2021October 2021 | 52,000 /yr | |
| 712 | 1-bed | 1,001 sqft | AED 1.1MAED 1,100,000 · Oct 2013October 2013 | 60,000 /yr | |
| 713 | 1-bed | 965 sqft | AED 1.1MAED 1,100,000 · Jul 2015July 2015 |
702, Scala Tower (Al Madar Tower) in numbers
- Sold 3 times: first on 24 May 2009 for AED 1,117,739, last on 17 January 2013 for AED 775,000 (AED 841 per sqft).
- Rented since April 2016 on 11 Ejari contracts, from AED 92,000 to AED 58,500 a year.
- At AED 58,500 a year the gross yield on the 2013 price is 7.5%, before a service charge of about AED 15,000 a year (AED 16.30 per sqft).
- One-beds in Scala Tower (Al Madar Tower) sold for AED 1,030,000–1,705,000 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 1 June 2026.
Questions about 702, Scala Tower (Al Madar Tower)
What did unit 702 last sell for?
AED 775,000 on 17 January 2013: AED 841 per sqft for 921 sqft. The unit has 3 registered sales; the first was AED 1,117,739 in May 2009.
What is the rent for unit 702?
AED 58,500 a year on the contract renewed on 1 June 2026. The previous contract, from June 2025, was AED 58,500; the unit has been rented since April 2016.
How big is unit 702?
921 sqft (85.6 sqm): a one-bedroom apartment on the 7th floor of a 21-storey tower completed in 2010.
What is unit 702 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Scala Tower (Al Madar Tower) sold for AED 1,030,000 to 1,705,000 in the last 12 months, around AED 1,345 per sqft.
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Mortgage on 702, Scala Tower (Al Madar Tower)
Starts from the last sale price (AED 775K, 17 January 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 775,000
- Deposit, UAE resident (20%)
- AED 155,000
- Deposit, non-resident (40%)
- AED 310,000
- Monthly over 25 years at 3.7%
- AED 3,171
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →