808, Scala Tower (Al Madar Tower)
Sold prices and rental history: sold once, by the developer in May 2009, and rented once, from November 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 808, Scala Tower (Al Madar Tower)
What is 808 worth today?
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Source: Dubai Land Department. Updated 5 November 2021.
Key facts
- Type
- Studio apartment
- Size
- 482 sqft
- Floor
- 8th of 21
- Parking
- B2-21
- Developer
- Al Madar Investment
- Completed
- 2010
- Service charge
- AED 7,900 /yr
- Last sold
- AED 576K · May 2009
- Building
- Scala Tower (Al Madar Tower)
About 808, Scala Tower (Al Madar Tower)
808 is a studio of 482 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. The developer sold it on 24 May 2009 for AED 576,000, or AED 1,194 per sqft, 7% above the AED 1,120 studios in the building were fetching at the time.
One Ejari contract is registered, from 5 November 2021. The current contract, signed on 5 November 2021, is AED 36,000 a year: a gross yield of 6.3% on the 2009 price, before the service charge of about AED 7,900 a year.
Sales and rents for 808 over time
808 has sold once; 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 808 sits
All 20 studios →808 last sold in May 2009 at AED 1,194 per sqft, 7% above what studios in Scala Tower (Al Madar Tower) were fetching at the time (AED 1,120). 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. 808's AED 36,000 is at the bottom 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 8th floor
All 177 units in Scala Tower (Al Madar Tower)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 801 | 2-bed | 1,266 sqft | AED 1.61MAED 1,610,550 · Apr 2026April 2026 | 110,000 /yr | |
| 802 | 1-bed | 921 sqft | AED 1.15MAED 1,150,000 · Jun 2023June 2023 | 100,000 /yr | |
| 803 | 2-bed | 1,321 sqft | AED 1.54MAED 1,539,000 · Feb 2015February 2015 | 120,000 /yr | |
| 804 | 1-bed | 978 sqft | AED 1.03MAED 1,030,000 · Jun 2016June 2016 | 72,174 /yr | |
| 805 | 1-bed | 958 sqft | AED 855KAED 855,000 · Oct 2023October 2023 | 75,000 /yr | |
| 806 | Studio | 401 sqft | AED 682KAED 682,000 · Apr 2025April 2025 | 43,000 /yr | |
| 807 | 1-bed | 740 sqft | AED 850KAED 850,000 · Sep 2024September 2024 | 78,000 /yr | |
| 809 | Studio | 484 sqft | AED 720KAED 720,000 · Feb 2025February 2025 | 50,000 /yr | |
| 810 | 1-bed | 755 sqft | AED 930KAED 930,000 · Jul 2025July 2025 | 66,265 /yr | |
| 811 | Studio | 400 sqft | AED 620KAED 620,000 · Feb 2026February 2026 | 55,000 /yr | |
| 812 | 1-bed | 1,001 sqft | AED 1.31MAED 1,314,276 · Feb 2026February 2026 | 70,000 /yr | |
| 813 | 1-bed | 965 sqft | AED 1.07MAED 1,070,000 · Aug 2026August 2026 | 75,000 /yr |
808, Scala Tower (Al Madar Tower) in numbers
- Sold once: by Al Madar Investment on 24 May 2009 for AED 576,000, or AED 1,194 per sqft.
- Rented since November 2021 on one Ejari contract, at AED 36,000 a year.
- At AED 36,000 a year the gross yield on the 2009 price is 6.3%, before a service charge of about AED 7,900 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 5 November 2021.
Questions about 808, Scala Tower (Al Madar Tower)
What did unit 808 last sell for?
AED 576,000 on 24 May 2009, sold by the developer: AED 1,194 per sqft for 482 sqft. It is the only registered sale of the unit.
What is the rent for unit 808?
AED 36,000 a year on the contract signed on 5 November 2021.
How big is unit 808?
482 sqft (44.8 sqm): a studio on the 8th floor of a 21-storey tower completed in 2010.
What is unit 808 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 808, Scala Tower (Al Madar Tower)
Starts from the last sale price (AED 576K, 24 May 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 576,000
- Deposit, UAE resident (20%)
- AED 115,200
- Deposit, non-resident (40%)
- AED 230,400
- Monthly over 25 years at 3.7%
- AED 2,357
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →