1203, Scala Tower (Al Madar Tower)
Sold prices and rental history: sold twice, last in August 2013, 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 1203, Scala Tower (Al Madar Tower)
What is 1203 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 20 February 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,274 sqft
- Floor
- 12th of 21
- Parking
- B2-46
- Developer
- Al Madar Investment
- Completed
- 2010
- Service charge
- AED 20,800 /yr
- Last sold
- AED 1.47M · August 2013
- Building
- Scala Tower (Al Madar Tower)
About 1203, Scala Tower (Al Madar Tower)
1203 is a two-bedroom apartment of 1,274 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 14 August 2013 for AED 1,470,000, or AED 1,153 per sqft, 5% below the AED 1,220 two-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 20 February 2025, is AED 132,000 a year: a gross yield of 9.0% on the 2013 price, before the service charge of about AED 20,800 a year.
Sales and rents for 1203 over time
1203 has sold twice; the dashed line is the two-bed median of each year in the building.
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 1203 sits
All 32 2-beds →1203 last sold in August 2013 at AED 1,153 per sqft, 5% below what two-beds in Scala Tower (Al Madar Tower) were fetching at the time (AED 1,220). Over the last 12 months two-beds sold for AED 2,050,000, around AED 1,609 per sqft, and rent for AED 115,000 to 125,000 a year.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Feb 20266 February 2026 | 1,274 sqft | 2,050,000 | 1,609 | ||
| 30 Jul 202530 July 2025 | 1,266 sqft | 1,962,000 | 1,549 | ||
| 18 Jun 202518 June 2025 | 1,266 sqft | 1,750,000 | 1,382 | ||
| 28 May 202528 May 2025 | 1,266 sqft | 1,750,000 | 1,382 |
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 | |
| 1202 | 1-bed | 939 sqft | AED 1.33MAED 1,332,500 · Feb 2014February 2014 | 90,000 /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 |
1203, Scala Tower (Al Madar Tower) in numbers
- Sold twice: first on 29 May 2013 for AED 1,000,000, last on 14 August 2013 for AED 1,470,000 (AED 1,153 per sqft).
- Rented since May 2013 on 8 Ejari contracts, from AED 70,000 to AED 132,000 a year.
- At AED 132,000 a year the gross yield on the 2013 price is 9.0%, before a service charge of about AED 20,800 a year (AED 16.30 per sqft).
- Two-beds in Scala Tower (Al Madar Tower) sold for AED 2,050,000–2,050,000 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 20 February 2025.
Questions about 1203, Scala Tower (Al Madar Tower)
What did unit 1203 last sell for?
AED 1,470,000 on 14 August 2013: AED 1,153 per sqft for 1,274 sqft. The unit has 2 registered sales; the first was AED 1,000,000 in May 2013.
What is the rent for unit 1203?
AED 132,000 a year on the contract signed on 20 February 2025. The previous contract, from July 2024, was AED 118,000; the unit has been rented since May 2013.
How big is unit 1203?
1,274 sqft (118.4 sqm): a two-bedroom apartment on the 12th floor of a 21-storey tower completed in 2010.
What is unit 1203 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 2,050,000 to 2,050,000 in the last 12 months, around AED 1,609 per sqft.
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Mortgage on 1203, Scala Tower (Al Madar Tower)
Starts from the last sale price (AED 1.47M, 14 August 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,470,000
- Deposit, UAE resident (20%)
- AED 294,000
- Deposit, non-resident (40%)
- AED 588,000
- Monthly over 25 years at 3.7%
- AED 6,014
Plus AED 66,750 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →