704, Scala Tower (Al Madar Tower)
Sold prices and rental history: sold twice, last in June 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 704, Scala Tower (Al Madar Tower)
What is 704 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 30 November 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 978 sqft
- Floor
- 7th of 21
- Parking
- B2-84
- Developer
- Al Madar Investment
- Completed
- 2010
- Service charge
- AED 15,900 /yr
- Last sold
- AED 1.22M · June 2013
- Building
- Scala Tower (Al Madar Tower)
About 704, Scala Tower (Al Madar Tower)
704 is a one-bedroom apartment of 978 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 16 June 2013 for AED 1,216,500, or AED 1,243 per sqft, in line with the AED 1,262 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 30 November 2025, is AED 85,000 a year: a gross yield of 7.0% on the 2013 price, before the service charge of about AED 15,900 a year.
Sales and rents for 704 over time
704 has sold twice; 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 704 sits
All 123 1-beds →704 last sold in June 2013 at AED 1,243 per sqft, in line with what one-beds in Scala Tower (Al Madar Tower) were fetching at the time (AED 1,262). 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. 704's AED 85,000 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 | |
| 702 | 1-bed | 921 sqft | AED 775KAED 775,000 · Jan 2013January 2013 | 58,500 /yr | |
| 703 | 2-bed | 1,327 sqft | AED 1.38MAED 1,383,423 · Jan 2012January 2012 | 120,000 /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 |
704, Scala Tower (Al Madar Tower) in numbers
- Sold twice: first on 24 May 2009 for AED 1,216,500, last on 16 June 2013 for AED 1,216,500 (AED 1,243 per sqft).
- Rented since December 2015 on 7 Ejari contracts. The rent fell from AED 75,000 to AED 60,000 in 2019 and recovered to AED 85,000 by November 2025.
- At AED 85,000 a year the gross yield on the 2013 price is 7.0%, before a service charge of about AED 15,900 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 30 November 2025.
Questions about 704, Scala Tower (Al Madar Tower)
What did unit 704 last sell for?
AED 1,216,500 on 16 June 2013: AED 1,243 per sqft for 978 sqft. The unit has 2 registered sales; the first was AED 1,216,500 in May 2009.
What is the rent for unit 704?
AED 85,000 a year on the contract signed on 30 November 2025. The previous contract, from November 2025, was AED 85,000; the unit has been rented since December 2015.
How big is unit 704?
978 sqft (90.9 sqm): a one-bedroom apartment on the 7th floor of a 21-storey tower completed in 2010.
What is unit 704 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.
Selling 704? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 704, Scala Tower (Al Madar Tower)
Starts from the last sale price (AED 1.22M, 16 June 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,216,500
- Deposit, UAE resident (20%)
- AED 243,300
- Deposit, non-resident (40%)
- AED 486,600
- Monthly over 25 years at 3.7%
- AED 4,977
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →