706, Scala Tower (Al Madar Tower)
Sold prices and rental history: sold 4 times, last in June 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 706, Scala Tower (Al Madar Tower)
What is 706 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 22 December 2025.
Key facts
- Type
- Studio apartment
- Size
- 401 sqft
- Floor
- 7th of 21
- Parking
- B2-62
- Developer
- Al Madar Investment
- Completed
- 2010
- Service charge
- AED 6,500 /yr
- Last sold
- AED 600K · June 2024
- Building
- Scala Tower (Al Madar Tower)
About 706, Scala Tower (Al Madar Tower)
706 is a studio of 401 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 20 June 2024 for AED 600,000, or AED 1,496 per sqft, 22% above the AED 1,226 studios in the building were fetching at the time.
It has been rented continuously since 2014 on 13 Ejari contracts. The current contract, signed on 22 December 2025, is AED 60,000 a year: a gross yield of 10.0% on the 2024 price, before the service charge of about AED 6,500 a year.
Sales and rents for 706 over time
706 has sold 4 times; 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 706 sits
All 20 studios →706 last sold in June 2024 at AED 1,496 per sqft, 22% above what studios in Scala Tower (Al Madar Tower) were fetching at the time (AED 1,226). 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. 706's AED 60,000 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 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 | |
| 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 | |
| 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 |
706, Scala Tower (Al Madar Tower) in numbers
- Sold 4 times: first on 24 May 2009 for AED 438,306, last on 20 June 2024 for AED 600,000 (AED 1,496 per sqft).
- Rented since July 2014 on 13 Ejari contracts. The rent fell from AED 66,000 to AED 28,000 in 2021 and recovered to AED 60,000 by December 2025.
- At AED 60,000 a year the gross yield on the 2024 price is 10.0%, 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 22 December 2025.
Questions about 706, Scala Tower (Al Madar Tower)
What did unit 706 last sell for?
AED 600,000 on 20 June 2024: AED 1,496 per sqft for 401 sqft. The unit has 4 registered sales; the first was AED 438,306 in May 2009.
What is the rent for unit 706?
AED 60,000 a year on the contract signed on 22 December 2025. The previous contract, from December 2025, was AED 60,000; the unit has been rented since July 2014.
How big is unit 706?
401 sqft (37.3 sqm): a studio on the 7th floor of a 21-storey tower completed in 2010.
What is unit 706 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.
Selling 706? 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 706, Scala Tower (Al Madar Tower)
Starts from the last sale price (AED 600K, 20 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 600,000
- Deposit, UAE resident (20%)
- AED 120,000
- Deposit, non-resident (40%)
- AED 240,000
- Monthly over 25 years at 3.7%
- AED 2,455
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →