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2-bed · 1,314 sqftScala Tower (Al Madar Tower), Business Bay · 9th floor · completed 2010

903, Scala Tower (Al Madar Tower)

Sold prices and rental history: sold twice, last in August 2012, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 903 · DLD and Ejari recordsUpdated 26 August 2012
Last soldAED 1.9M26 August 2012
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 903, Scala Tower (Al Madar Tower)

What is 903 worth today?

Last sold for AED 1,899,500 in 2012

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26 Aug 2012SoldReady
AED 1,899,500AED 1,445 per sqft
25 May 2009Sold by developerOff-plan
AED 1,899,500AED 1,445 per sqft

Source: Dubai Land Department. Updated 26 August 2012.

Key facts

Type
2-bed apartment
Size
1,314 sqft
Floor
9th of 21
Parking
B2-73
Developer
Al Madar Investment
Completed
2010
Service charge
AED 21,400 /yr
Last sold
AED 1.9M · August 2012
Building
Scala Tower (Al Madar Tower)

About 903, Scala Tower (Al Madar Tower)

903 is a two-bedroom apartment of 1,314 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 26 August 2012 for AED 1,899,500, or AED 1,445 per sqft, 20% above the AED 1,202 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 903 over time

Sales
Unit 903, 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 1,899,500 (AED 1,445 per sqft)Sold, August 2012: AED 1,899,500 (AED 1,445 per sqft)

903 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 903, 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 903 sits

All 34 2-beds →

903 last sold in August 2012 at AED 1,445 per sqft, 20% above what two-beds in Scala Tower (Al Madar Tower) were fetching at the time (AED 1,202). 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 →

Other units on the 9th floor

All 177 units in Scala Tower (Al Madar Tower)
Value
9012-bedAED 1.65M · Jul 2015
9021-bedAED 1.3M · May 2024
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

903, Scala Tower (Al Madar Tower) in numbers

  • Sold twice: first on 25 May 2009 for AED 1,899,500, last on 26 August 2012 for AED 1,899,500 (AED 1,445 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 26 August 2012.

Questions about 903, Scala Tower (Al Madar Tower)

What did unit 903 last sell for?

AED 1,899,500 on 26 August 2012: AED 1,445 per sqft for 1,314 sqft. The unit has 2 registered sales; the first was AED 1,899,500 in May 2009.

How big is unit 903?

1,314 sqft (122.1 sqm): a two-bedroom apartment on the 9th floor of a 21-storey tower completed in 2010.

What is unit 903 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 903, Scala Tower (Al Madar Tower)

Starts from the last sale price (AED 1.9M, 26 August 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,899,500
Deposit, UAE resident (20%)
AED 379,900
Deposit, non-resident (40%)
AED 759,800
Monthly over 25 years at 3.7%
AED 7,771

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