902, Scala Tower (Al Madar Tower)
Sold prices and rental history: sold 5 times, last in May 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 902, Scala Tower (Al Madar Tower)
What is 902 worth today?
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Source: Dubai Land Department. Updated 22 May 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 921 sqft
- Floor
- 9th of 21
- Parking
- B2-72
- Developer
- Al Madar Investment
- Completed
- 2010
- Service charge
- AED 15,000 /yr
- Last sold
- AED 1.3M · May 2024
- Building
- Scala Tower (Al Madar Tower)
About 902, Scala Tower (Al Madar Tower)
902 is a one-bedroom apartment of 921 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 22 May 2024 for AED 1,300,000, or AED 1,411 per sqft, 59% above the AED 885 one-beds in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 28 March 2023, is AED 69,300 a year: a gross yield of 5.3% on the 2024 price, before the service charge of about AED 15,000 a year.
Sales and rents for 902 over time
902 has sold 5 times; the dashed line is the one-bed median of each year in the building.
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 902 sits
All 123 1-beds →902 last sold in May 2024 at AED 1,411 per sqft, 59% above what one-beds in Scala Tower (Al Madar Tower) were fetching at the time (AED 885). 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. 902's AED 69,300 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Aug 202610 August 2026 | 965 sqft | 1,070,000 | 1,108 | ||
| 10 Aug 202610 August 2026 | 959 sqft | 1,210,000 | 1,261 | ||
| 5 Jun 20265 June 2026 | 959 sqft | 1,225,270 | 1,277 | ||
| 24 Apr 202624 April 2026 | 959 sqft | 1,150,000 | 1,199 |
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 9th floor
All 177 units in Scala Tower (Al Madar Tower)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 901 | 2-bed | 1,268 sqft | AED 1.65MAED 1,650,000 · Jul 2015July 2015 | ||
| 903 | 2-bed | 1,314 sqft | AED 1.9MAED 1,899,500 · Aug 2012August 2012 | ||
| 904 | 1-bed | 978 sqft | AED 1.36MAED 1,356,600 · Dec 2012December 2012 | 70,180 /yr | |
| 905 | 1-bed | 959 sqft | AED 1.3MAED 1,300,000 · May 2014May 2014 | 85,000 /yr | |
| 906 | 1-bed | 1,811 sqft | AED 1.6MAED 1,600,000 · Mar 2017March 2017 | 80,000 /yr | |
| 908 | 1-bed | 988 sqft | AED 700KAED 700,000 · Apr 2014April 2014 | 75,245 /yr | |
| 909 | 1-bed | 965 sqft | AED 1.36MAED 1,360,000 · Jan 2014January 2014 | 45,000 /yr |
902, Scala Tower (Al Madar Tower) in numbers
- Sold 5 times: first on 25 May 2009 for AED 1,250,000, last on 22 May 2024 for AED 1,300,000 (AED 1,411 per sqft).
- Rented since March 2022 on 2 Ejari contracts, from AED 66,000 to AED 69,300 a year.
- At AED 69,300 a year the gross yield on the 2024 price is 5.3%, before a service charge of about AED 15,000 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 22 May 2024.
Questions about 902, Scala Tower (Al Madar Tower)
What did unit 902 last sell for?
AED 1,300,000 on 22 May 2024: AED 1,411 per sqft for 921 sqft. The unit has 5 registered sales; the first was AED 1,250,000 in May 2009.
What is the rent for unit 902?
AED 69,300 a year on the contract renewed on 28 March 2023. The previous contract, from March 2022, was AED 66,000.
How big is unit 902?
921 sqft (85.6 sqm): a one-bedroom apartment on the 9th floor of a 21-storey tower completed in 2010.
What is unit 902 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 902, Scala Tower (Al Madar Tower)
Starts from the last sale price (AED 1.3M, 22 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,300,000
- Deposit, UAE resident (20%)
- AED 260,000
- Deposit, non-resident (40%)
- AED 520,000
- Monthly over 25 years at 3.7%
- AED 5,319
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →