988 sqftScala Tower (Al Madar Tower), Business Bay · 10th floor · completed 2010

1008, Scala Tower (Al Madar Tower)

Sold prices and rental history: sold 4 times, last in October 2025, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1008 · DLD and Ejari recordsUpdated 8 October 2025
Last soldAED 1.75M8 October 2025
Current rentAED 60K /yr1 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1008, Scala Tower (Al Madar Tower)

What is 1008 worth today?

Last sold for AED 1,750,000 in 2025

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8 Oct 2025SoldReady
AED 1,750,000AED 1,771 per sqft
12 Mar 2025SoldReady
AED 1,135,000AED 1,148 per sqft
15 May 2023SoldReady
AED 402,500AED 814 per sqft
1 Mar 2023RentedNew contract
AED 60,000/yr12 months · AED 61 per sqft
20 Mar 2021RentedRenewal
AED 50,000/yr12 months · AED 50 per sqft
20 Mar 2020RentedNew contract
AED 56,000/yr12 months · AED 57 per sqft
26 May 2009Sold by developerOff-plan
AED 1,315,000AED 1,330 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 8 October 2025.

Key facts

Type
Apartment
Size
988 sqft
Floor
10th of 21
Parking
B2-79
Developer
Al Madar Investment
Completed
2010
Service charge
AED 16,100 /yr
Last sold
AED 1.75M · October 2025

About 1008, Scala Tower (Al Madar Tower)

1008 is an apartment of 988 sqft on the 10th 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 8 October 2025 for AED 1,750,000, or AED 1,771 per sqft.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 1 March 2023, is AED 60,000 a year: a gross yield of 3.4% on the 2025 price, before the service charge of about AED 16,100 a year.

Scala Tower (Al Madar Tower)

Building

176 apartments, studios to 2-bed over 21 floors in Business Bay, completed in 2010 by Al Madar Investment. 7 sold in the last 12 months.

Typical price per sqft
AED 1,606
Typical sale
AED 1.2M
Typical rent
AED 83K /yr
Typical yield
6.3%
Scala Tower (Al Madar Tower), Business Bay: prices, sales and rents →
Value
10012-bedAED 1M · Jul 2013
10021-bedAED 800K · Sep 2020
10032-bedAED 600K · Nov 2012
10041-bedAED 1.23M · Dec 2013
10051-bedAED 920K · Jul 2023
10061-bedAED 850K · Mar 2025
10071-bedAED 600K · Jun 2022
1–7 of 8

1008, Scala Tower (Al Madar Tower) in numbers

  • Sold 4 times: first on 26 May 2009 for AED 1,315,000, last on 8 October 2025 for AED 1,750,000 (AED 1,771 per sqft).
  • Rented since March 2020 on 3 Ejari contracts. The rent fell from AED 56,000 to AED 50,000 in 2021 and recovered to AED 60,000 by March 2023.
  • At AED 60,000 a year the gross yield on the 2025 price is 3.4%, before a service charge of about AED 16,100 a year (AED 16.30 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 8 October 2025.

Questions about 1008, Scala Tower (Al Madar Tower)

What did unit 1008 last sell for?

AED 1,750,000 on 8 October 2025: AED 1,771 per sqft for 988 sqft. The unit has 4 registered sales; the first was AED 1,315,000 in May 2009.

What is the rent for unit 1008?

AED 60,000 a year on the contract signed on 1 March 2023. The previous contract, from March 2021, was AED 50,000; the unit has been rented since March 2020.

How big is unit 1008?

988 sqft (91.8 sqm): an apartment on the 10th floor of a 21-storey tower completed in 2010.

What is unit 1008 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1008, Scala Tower (Al Madar Tower)

Starts from the last sale price (AED 1.75M, 8 October 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,750,000
Deposit, UAE resident (20%)
AED 350,000
Deposit, non-resident (40%)
AED 700,000
Monthly over 25 years at 3.7%
AED 7,160

Plus AED 78,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →