1-bed · 958 sqftScala Tower (Al Madar Tower), Business Bay · 8th floor · completed 2010

805, Scala Tower (Al Madar Tower)

Sold prices and rental history: sold 4 times, last in October 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 805 · DLD and Ejari recordsUpdated 10 February 2024
Last soldAED 855K10 October 2023
Current rentAED 75K /yr10 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 805, Scala Tower (Al Madar Tower)

What is 805 worth today?

Last sold for AED 855,000 in 2023

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10 Feb 2024RentedNew contract
AED 75,000/yr12 months · AED 78 per sqft
10 Oct 2023SoldReady
AED 855,000AED 892 per sqft
9 Feb 2023RentedNew contract
AED 60,000/yr12 months · AED 63 per sqft
15 Jan 2022RentedNew contract
AED 43,000/yr12 months · AED 45 per sqft
15 Jan 2020RentedNew contract
AED 55,000/yr12 months · AED 57 per sqft
6 Jan 2019RentedRenewal
AED 70,000/yr12 months · AED 73 per sqft
10 Jan 2015RentedNew contract
AED 85,000/yr12 months · AED 89 per sqft
30 May 2013SoldReady
AED 900,000AED 939 per sqft

Source: Dubai Land Department. Updated 10 February 2024.

Key facts

Type
1-bed apartment
Size
958 sqft
Floor
8th of 21
Parking
B2-18
Developer
Al Madar Investment
Completed
2010
Service charge
AED 15,600 /yr
Last sold
AED 855K · October 2023

About 805, Scala Tower (Al Madar Tower)

805 is a one-bedroom apartment of 958 sqft on the 8th 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 10 October 2023 for AED 855,000, or AED 892 per sqft, in line with the AED 884 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 10 February 2024, is AED 75,000 a year: a gross yield of 8.8% on the 2023 price, before the service charge of about AED 15,600 a year.

Sales and rents for 805 over time

Sales
Unit 805, each saleTypical one-bed in Scala Tower (Al Madar Tower)
750K1M1.25M2009201420192024Typical sale price by year: 2009 AED 1,218,750; 2011 AED 947,193; 2012 AED 1,195,000; 2013 AED 940,500; 2014 AED 1,250,000; 2015 AED 1,150,000; 2016 AED 1,027,500; 2017 AED 1,150,000; 2021 AED 820,000; 2022 AED 700,000; 2023 AED 848,715; 2024 AED 925,000; 2025 AED 1,100,000; 2026 AED 1,180,000Sold by developer, May 2009: AED 1,200,000 (AED 1,252 per sqft)Sold, April 2013: AED 1,200,000 (AED 1,252 per sqft)Sold, May 2013: AED 900,000 (AED 939 per sqft)Sold, October 2023: AED 855,000 (AED 892 per sqft)

805 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 805, each contractTypical one-bed in Scala Tower (Al Madar Tower)
40K60K80K2013201720212025Typical rent by year: 2013 AED 53,350; 2014 AED 72,000; 2015 AED 80,000; 2016 AED 85,000; 2017 AED 80,000; 2018 AED 70,000; 2019 AED 64,000; 2020 AED 55,000; 2021 AED 48,000; 2022 AED 55,000; 2023 AED 61,950; 2024 AED 73,500; 2025 AED 80,000; 2026 AED 78,000New contract, January 2015: AED 85,000 a yearRenewal, January 2019: AED 70,000 a yearNew contract, January 2020: AED 55,000 a yearNew contract, January 2022: AED 43,000 a yearNew contract, February 2023: AED 60,000 a yearNew contract, February 2024: AED 75,000 a year

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 805 sits

All 123 1-beds →

805 last sold in October 2023 at AED 892 per sqft, in line with what one-beds in Scala Tower (Al Madar Tower) were fetching at the time (AED 884). 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. 805's AED 75,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
10 Aug 20261,070,000
10 Aug 20261,210,000
5 Jun 20261,225,270
24 Apr 20261,150,000
10 1-bed 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
8012-bedAED 1.61M · Apr 2026
8021-bedAED 1.15M · Jun 2023
8032-bedAED 1.54M · Feb 2015
8041-bedAED 1.03M · Jun 2016
806StudioAED 682K · Apr 2025
8071-bedAED 850K · Sep 2024
808StudioAED 576K · May 2009
1–7 of 12

805, Scala Tower (Al Madar Tower) in numbers

  • Sold 4 times: first on 24 May 2009 for AED 1,200,000, last on 10 October 2023 for AED 855,000 (AED 892 per sqft).
  • Rented since January 2015 on 6 Ejari contracts. The rent fell from AED 85,000 to AED 43,000 in 2022 and recovered to AED 75,000 by February 2024.
  • At AED 75,000 a year the gross yield on the 2023 price is 8.8%, before a service charge of about AED 15,600 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 10 February 2024.

Questions about 805, Scala Tower (Al Madar Tower)

What did unit 805 last sell for?

AED 855,000 on 10 October 2023: AED 892 per sqft for 958 sqft. The unit has 4 registered sales; the first was AED 1,200,000 in May 2009.

What is the rent for unit 805?

AED 75,000 a year on the contract signed on 10 February 2024. The previous contract, from February 2023, was AED 60,000; the unit has been rented since January 2015.

How big is unit 805?

958 sqft (89.0 sqm): a one-bedroom apartment on the 8th floor of a 21-storey tower completed in 2010.

What is unit 805 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 805, Scala Tower (Al Madar Tower)

Starts from the last sale price (AED 855K, 10 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 855,000
Deposit, UAE resident (20%)
AED 171,000
Deposit, non-resident (40%)
AED 342,000
Monthly over 25 years at 3.7%
AED 3,498

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