Studio · 400 sqftScala Tower (Al Madar Tower), Business Bay · 7th floor · completed 2010

711, Scala Tower (Al Madar Tower)

Sold prices and rental history: sold twice, last in October 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 711 · DLD and Ejari recordsUpdated 27 November 2025
Last soldAED 450K3 October 2021
Current rentAED 52K /yr27 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 711, Scala Tower (Al Madar Tower)

What is 711 worth today?

Last sold for AED 450,000 in 2021

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27 Nov 2025RentedRenewal
AED 52,000/yr12 months · AED 130 per sqft
27 Nov 2024RentedRenewal
AED 50,000/yr12 months · AED 125 per sqft
27 Nov 2023RentedRenewal
AED 46,000/yr12 months · AED 115 per sqft
27 Nov 2022RentedNew contract
AED 40,000/yr12 months · AED 100 per sqft
27 Nov 2021RentedNew contract
AED 36,000/yr12 months · AED 90 per sqft
3 Oct 2021SoldReady
AED 450,000AED 1,125 per sqft
1 Nov 2020RentedRenewal
AED 34,000/yr12 months · AED 85 per sqft
1 Nov 2019RentedNew contract
AED 38,000/yr12 months · AED 95 per sqft

Source: Dubai Land Department. Updated 27 November 2025.

Key facts

Type
Studio apartment
Size
400 sqft
Floor
7th of 21
Parking
B2-67
Developer
Al Madar Investment
Completed
2010
Service charge
AED 6,500 /yr
Last sold
AED 450K · October 2021

About 711, Scala Tower (Al Madar Tower)

711 is a studio of 400 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 3 October 2021 for AED 450,000, or AED 1,125 per sqft.

It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 27 November 2025, is AED 52,000 a year: a gross yield of 11.6% on the 2021 price, before the service charge of about AED 6,500 a year.

Sales and rents for 711 over time

Sales
Unit 711, 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, April 2013: AED 540,000 (AED 1,350 per sqft)Sold, October 2021: AED 450,000 (AED 1,125 per sqft)

711 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 711, each contractTypical studio in Scala Tower (Al Madar Tower)
40K60K2014201820222026Typical 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, March 2014: AED 47,000 a yearRenewal, March 2015: AED 52,000 a yearRenewal, March 2016: AED 57,000 a yearNew contract, October 2017: AED 51,000 a yearRenewal, October 2018: AED 50,000 a yearNew contract, November 2019: AED 38,000 a yearRenewal, November 2020: AED 34,000 a yearNew contract, November 2021: AED 36,000 a yearNew contract, November 2022: AED 40,000 a yearRenewal, November 2023: AED 46,000 a yearRenewal, November 2024: AED 50,000 a yearRenewal, November 2025: AED 52,000 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 711 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. 711's AED 52,000 is in the lower 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
7012-bedAED 1.75M · Jun 2025
7021-bedAED 775K · Jan 2013
7032-bedAED 1.38M · Jan 2012
7041-bedAED 1.22M · Jun 2013
7051-bedAED 1.18M · Jan 2013
706StudioAED 600K · Jun 2024
7071-bedAED 830K · Jul 2024
1–7 of 12

711, Scala Tower (Al Madar Tower) in numbers

  • Sold twice: first on 9 April 2013 for AED 540,000, last on 3 October 2021 for AED 450,000 (AED 1,125 per sqft).
  • Rented since March 2014 on 12 Ejari contracts. The rent fell from AED 47,000 to AED 34,000 in 2020 and recovered to AED 52,000 by November 2025.
  • At AED 52,000 a year the gross yield on the 2021 price is 11.6%, 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 27 November 2025.

Questions about 711, Scala Tower (Al Madar Tower)

What did unit 711 last sell for?

AED 450,000 on 3 October 2021: AED 1,125 per sqft for 400 sqft. The unit has 2 registered sales; the first was AED 540,000 in April 2013.

What is the rent for unit 711?

AED 52,000 a year on the contract renewed on 27 November 2025. The previous contract, from November 2024, was AED 50,000; the unit has been rented since March 2014.

How big is unit 711?

400 sqft (37.2 sqm): a studio on the 7th floor of a 21-storey tower completed in 2010.

What is unit 711 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 711, Scala Tower (Al Madar Tower)

Starts from the last sale price (AED 450K, 3 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

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