2-bed · 1,268 sqftScala Tower (Al Madar Tower), Business Bay · 9th floor · completed 2010

901, Scala Tower (Al Madar Tower)

Sold prices and rental history: sold 3 times, last in July 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 901 · DLD and Ejari recordsUpdated 13 July 2015
Last soldAED 1.65M13 July 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 901, Scala Tower (Al Madar Tower)

What is 901 worth today?

Last sold for AED 1,650,000 in 2015

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13 Jul 2015SoldReady
AED 1,650,000AED 1,301 per sqft
21 Mar 2013SoldReady
AED 1,778,200AED 1,402 per sqft
25 May 2009Sold by developerOff-plan
AED 1,778,200AED 1,402 per sqft

Source: Dubai Land Department. Updated 13 July 2015.

Key facts

Type
2-bed apartment
Size
1,268 sqft
Floor
9th of 21
Parking
B2-71
Developer
Al Madar Investment
Completed
2010
Service charge
AED 20,700 /yr
Last sold
AED 1.65M · July 2015

About 901, Scala Tower (Al Madar Tower)

901 is a two-bedroom apartment of 1,268 sqft on the 9th 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 13 July 2015 for AED 1,650,000, or AED 1,301 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 901 over time

Sales
Unit 901, each saleTypical two-bed in Scala Tower (Al Madar Tower)
1M1.5M2M2009201420192024Typical sale price by year: 2009 AED 1,687,500; 2012 AED 1,780,000; 2013 AED 1,556,988; 2014 AED 1,709,100; 2015 AED 1,650,000; 2021 AED 1,005,000; 2023 AED 1,415,000; 2025 AED 1,962,000Sold by developer, May 2009: AED 1,778,200 (AED 1,402 per sqft)Sold, March 2013: AED 1,778,200 (AED 1,402 per sqft)Sold, July 2015: AED 1,650,000 (AED 1,301 per sqft)

901 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 901, each contractTypical two-bed in Scala Tower (Al Madar Tower)
75K100K125K2013201720212025Typical rent by year: 2013 AED 73,500; 2014 AED 101,200; 2015 AED 114,583; 2016 AED 117,437; 2017 AED 108,000; 2018 AED 95,000; 2019 AED 85,000; 2020 AED 75,000; 2021 AED 71,000; 2022 AED 77,200; 2023 AED 83,000; 2024 AED 114,000; 2025 AED 115,000; 2026 AED 112,500

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Scala Tower (Al Madar Tower), and where 901 sits

All 34 2-beds →

Over the last 12 months two-beds sold for AED 1,610,550 to 2,050,000, around AED 1,441 per sqft, and rent for AED 87,000 to 145,200 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Apr 20261,610,550
6 Feb 20262,050,000
19 Aug 20252,050,000
5 Aug 20252,156,000
2 2-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
9021-bedAED 1.3M · May 2024
9032-bedAED 1.9M · Aug 2012
9041-bedAED 1.36M · Dec 2012
9051-bedAED 1.3M · May 2014
9061-bedAED 1.6M · Mar 2017
9081-bedAED 700K · Apr 2014
9091-bedAED 1.36M · Jan 2014

901, Scala Tower (Al Madar Tower) in numbers

  • Sold 3 times: first on 25 May 2009 for AED 1,778,200, last on 13 July 2015 for AED 1,650,000 (AED 1,301 per sqft).
  • Two-beds in Scala Tower (Al Madar Tower) sold for AED 1,610,550–2,050,000 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 13 July 2015.

Questions about 901, Scala Tower (Al Madar Tower)

What did unit 901 last sell for?

AED 1,650,000 on 13 July 2015: AED 1,301 per sqft for 1,268 sqft. The unit has 3 registered sales; the first was AED 1,778,200 in May 2009.

How big is unit 901?

1,268 sqft (117.8 sqm): a two-bedroom apartment on the 9th floor of a 21-storey tower completed in 2010.

What is unit 901 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Scala Tower (Al Madar Tower) sold for AED 1,610,550 to 2,050,000 in the last 12 months, around AED 1,441 per sqft.

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Mortgage on 901, Scala Tower (Al Madar Tower)

Starts from the last sale price (AED 1.65M, 13 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,000
Deposit, UAE resident (20%)
AED 330,000
Deposit, non-resident (40%)
AED 660,000
Monthly over 25 years at 3.7%
AED 6,751

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