1301, Scala Tower (Al Madar Tower)
Sold prices and rental history: sold twice, last in June 2013, and rented once, from September 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1301, Scala Tower (Al Madar Tower)
What is 1301 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 15 September 2016.
Key facts
- Type
- 2-bed apartment
- Size
- 1,266 sqft
- Floor
- 13th of 21
- Parking
- P2-17
- Developer
- Al Madar Investment
- Completed
- 2010
- Service charge
- AED 20,600 /yr
- Last sold
- AED 1.55M · June 2013
- Building
- Scala Tower (Al Madar Tower)
About 1301, Scala Tower (Al Madar Tower)
1301 is a two-bedroom apartment of 1,266 sqft on the 13th 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 18 June 2013 for AED 1,545,000, or AED 1,220 per sqft, 9% below the AED 1,347 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 15 September 2016. The current contract, signed on 15 September 2016, is AED 115,000 a year: a gross yield of 7.4% on the 2013 price, before the service charge of about AED 20,600 a year.
Sales and rents for 1301 over time
1301 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 1301 sits
All 32 2-beds →1301 last sold in June 2013 at AED 1,220 per sqft, 9% below what two-beds in Scala Tower (Al Madar Tower) were fetching at the time (AED 1,347). 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 13th floor
All 176 units in Scala Tower (Al Madar Tower)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1303 | 2-bed | 1,274 sqft | AED 2.05MAED 2,050,000 · Feb 2026February 2026 | 85,929 /yr | |
| 1304 | 1-bed | 978 sqft | AED 1.05MAED 1,050,000 · Jan 2025January 2025 | 85,000 /yr | |
| 1305 | 1-bed | 959 sqft | AED 1.05MAED 1,052,000 · Apr 2025April 2025 | 63,250 /yr | |
| 1306 | 1-bed | 747 sqft | AED 900KAED 900,000 · Nov 2024November 2024 | 62,100 /yr | |
| 1307 | 1-bed | 739 sqft | AED 1.03MAED 1,030,000 · Jan 2026January 2026 | 80,000 /yr | |
| 1308 | 1-bed | 988 sqft | AED 1.13MAED 1,130,000 · Aug 2024August 2024 | 60,000 /yr | |
| 1309 | 1-bed | 965 sqft | AED 1.29MAED 1,293,000 · Aug 2024August 2024 | 61,950 /yr |
1301, Scala Tower (Al Madar Tower) in numbers
- Sold twice: first on 24 October 2011 for AED 1,236,001, last on 18 June 2013 for AED 1,545,000 (AED 1,220 per sqft).
- Rented since September 2016 on one Ejari contract, at AED 115,000 a year.
- At AED 115,000 a year the gross yield on the 2013 price is 7.4%, before a service charge of about AED 20,600 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 15 September 2016.
Questions about 1301, Scala Tower (Al Madar Tower)
What did unit 1301 last sell for?
AED 1,545,000 on 18 June 2013: AED 1,220 per sqft for 1,266 sqft. The unit has 2 registered sales; the first was AED 1,236,001 in October 2011.
What is the rent for unit 1301?
AED 115,000 a year on the contract signed on 15 September 2016.
How big is unit 1301?
1,266 sqft (117.6 sqm): a two-bedroom apartment on the 13th floor of a 21-storey tower completed in 2010.
What is unit 1301 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 1301, Scala Tower (Al Madar Tower)
Starts from the last sale price (AED 1.55M, 18 June 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,545,000
- Deposit, UAE resident (20%)
- AED 309,000
- Deposit, non-resident (40%)
- AED 618,000
- Monthly over 25 years at 3.7%
- AED 6,321
Plus AED 69,900 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →