1202, Scala Tower (Al Madar Tower)
Sold prices and rental history: sold twice, last in February 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1202, Scala Tower (Al Madar Tower)
What is 1202 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 8 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 939 sqft
- Floor
- 12th of 21
- Parking
- B2-45
- Developer
- Al Madar Investment
- Completed
- 2010
- Service charge
- AED 15,300 /yr
- Last sold
- AED 1.33M · February 2014
- Building
- Scala Tower (Al Madar Tower)
About 1202, Scala Tower (Al Madar Tower)
1202 is a one-bedroom apartment of 939 sqft on the 12th 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 February 2014 for AED 1,332,500, or AED 1,418 per sqft, 22% above the AED 1,160 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 8 November 2024, is AED 90,000 a year: a gross yield of 6.8% on the 2014 price, before the service charge of about AED 15,300 a year.
Sales and rents for 1202 over time
1202 has sold twice; 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 1202 sits
All 113 1-beds →1202 last sold in February 2014 at AED 1,418 per sqft, 22% above what one-beds in Scala Tower (Al Madar Tower) were fetching at the time (AED 1,160). Over the last 12 months one-beds sold for AED 1,030,000 to 1,705,000, around AED 1,519 per sqft, and rent for AED 68,000 to 150,000 a year. 1202's AED 90,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Jan 202626 January 2026 | 965 sqft | 1,705,000 | 1,766 | ||
| 9 Jan 20269 January 2026 | 739 sqft | 1,030,000 | 1,393 | ||
| 18 Dec 202518 December 2025 | 978 sqft | 1,400,000 | 1,431 | ||
| 31 Jul 202531 July 2025 | 757 sqft | 1,000,000 | 1,320 |
Scala Tower (Al Madar Tower)
Building176 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%
Other units on the 12th floor
All 176 units in Scala Tower (Al Madar Tower)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,266 sqft | AED 2MAED 2,000,000 · Jan 2025January 2025 | 120,000 /yr | |
| 1203 | 2-bed | 1,274 sqft | AED 1.47MAED 1,470,000 · Aug 2013August 2013 | 132,000 /yr | |
| 1204 | 1-bed | 978 sqft | AED 1.33MAED 1,325,000 · Jul 2025July 2025 | 60,500 /yr | |
| 1205 | 1-bed | 959 sqft | AED 1.05MAED 1,050,000 · Jun 2025June 2025 | 80,000 /yr | |
| 1206 | 747 sqft | AED 1.2MAED 1,200,000 · Dec 2025December 2025 | 54,050 /yr | ||
| 1207 | 1-bed | 739 sqft | AED 700KAED 700,000 · Oct 2022October 2022 | 78,000 /yr | |
| 1208 | 1-bed | 988 sqft | AED 1.3MAED 1,300,000 · Jun 2025June 2025 | 155,000 /yr | |
| 1209 | 1-bed | 965 sqft | AED 1.31MAED 1,306,000 · Dec 2024December 2024 | 85,000 /yr |
1202, Scala Tower (Al Madar Tower) in numbers
- Sold twice: first on 25 May 2009 for AED 1,332,500, last on 26 February 2014 for AED 1,332,500 (AED 1,418 per sqft).
- Rented since October 2013 on 8 Ejari contracts. The rent fell from AED 75,000 to AED 60,000 in 2021 and recovered to AED 90,000 by November 2024.
- At AED 90,000 a year the gross yield on the 2014 price is 6.8%, before a service charge of about AED 15,300 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 1,606 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 8 November 2024.
Questions about 1202, Scala Tower (Al Madar Tower)
What did unit 1202 last sell for?
AED 1,332,500 on 26 February 2014: AED 1,418 per sqft for 939 sqft. The unit has 2 registered sales; the first was AED 1,332,500 in May 2009.
What is the rent for unit 1202?
AED 90,000 a year on the contract signed on 8 November 2024. The previous contract, from November 2023, was AED 85,000; the unit has been rented since October 2013.
How big is unit 1202?
939 sqft (87.2 sqm): a one-bedroom apartment on the 12th floor of a 21-storey tower completed in 2010.
What is unit 1202 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 1,519 per sqft.
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Mortgage on 1202, Scala Tower (Al Madar Tower)
Starts from the last sale price (AED 1.33M, 26 February 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,332,500
- Deposit, UAE resident (20%)
- AED 266,500
- Deposit, non-resident (40%)
- AED 533,000
- Monthly over 25 years at 3.7%
- AED 5,452
Plus AED 60,975 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →