1-bed · 965 sqftScala Tower (Al Madar Tower), Business Bay · 9th floor · completed 2010

909, Scala Tower (Al Madar Tower)

Sold prices and rental history: sold twice, last in January 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 909 · DLD and Ejari recordsUpdated 3 January 2021
Last soldAED 1.36M30 January 2014
Current rentAED 45K /yr3 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 909, Scala Tower (Al Madar Tower)

What is 909 worth today?

Last sold for AED 1,360,000 in 2014

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3 Jan 2021RentedNew contract
AED 45,000/yr12 months · AED 46 per sqft
5 Mar 2020RentedNew contract
AED 55,000/yr12 months · AED 57 per sqft
4 Jan 2018RentedNew contract
AED 73,000/yr12 months · AED 75 per sqft
25 Feb 2017RentedNew contract
AED 85,000/yr6 months · AED 88 per sqft
30 Jan 2014SoldReady
AED 1,360,000AED 1,409 per sqft
25 May 2009Sold by developerOff-plan
AED 1,360,000AED 1,409 per sqft

Source: Dubai Land Department. Updated 3 January 2021.

Key facts

Type
1-bed apartment
Size
965 sqft
Floor
9th of 21
Parking
B2-31
Developer
Al Madar Investment
Completed
2010
Service charge
AED 15,700 /yr
Last sold
AED 1.36M · January 2014

About 909, Scala Tower (Al Madar Tower)

909 is a one-bedroom apartment of 965 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 30 January 2014 for AED 1,360,000, or AED 1,409 per sqft, 28% above the AED 1,099 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 3 January 2021, is AED 45,000 a year: a gross yield of 3.3% on the 2014 price, before the service charge of about AED 15,700 a year.

Sales and rents for 909 over time

Sales
Unit 909, each saleTypical one-bed in Scala Tower (Al Madar Tower)
1M2009201420192024Typical 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 1,360,000 (AED 1,409 per sqft)Sold, January 2014: AED 1,360,000 (AED 1,409 per sqft)

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

Rents
Unit 909, 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, February 2017: AED 85,000 a yearNew contract, January 2018: AED 73,000 a yearNew contract, March 2020: AED 55,000 a yearNew contract, January 2021: AED 45,000 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 909 sits

All 123 1-beds →

909 last sold in January 2014 at AED 1,409 per sqft, 28% above what one-beds in Scala Tower (Al Madar Tower) were fetching at the time (AED 1,099). 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. 909's AED 45,000 is at the bottom 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
9012-bedAED 1.65M · Jul 2015
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

909, Scala Tower (Al Madar Tower) in numbers

  • Sold twice: first on 25 May 2009 for AED 1,360,000, last on 30 January 2014 for AED 1,360,000 (AED 1,409 per sqft).
  • Rented since February 2017 on 4 Ejari contracts, from AED 85,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2014 price is 3.3%, before a service charge of about AED 15,700 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 3 January 2021.

Questions about 909, Scala Tower (Al Madar Tower)

What did unit 909 last sell for?

AED 1,360,000 on 30 January 2014: AED 1,409 per sqft for 965 sqft. The unit has 2 registered sales; the first was AED 1,360,000 in May 2009.

What is the rent for unit 909?

AED 45,000 a year on the contract signed on 3 January 2021. The previous contract, from March 2020, was AED 55,000; the unit has been rented since February 2017.

How big is unit 909?

965 sqft (89.7 sqm): a one-bedroom apartment on the 9th floor of a 21-storey tower completed in 2010.

What is unit 909 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 909, Scala Tower (Al Madar Tower)

Starts from the last sale price (AED 1.36M, 30 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,360,000
Deposit, UAE resident (20%)
AED 272,000
Deposit, non-resident (40%)
AED 544,000
Monthly over 25 years at 3.7%
AED 5,564

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