1-bed · 747 sqftScala Tower (Al Madar Tower), Business Bay · 13th floor · completed 2010

1306, Scala Tower (Al Madar Tower)

Sold prices and rental history: sold twice, last in November 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1306 · DLD and Ejari recordsUpdated 29 November 2024
Last soldAED 900K29 November 2024
Current rentAED 62K /yr28 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1306, Scala Tower (Al Madar Tower)

What is 1306 worth today?

Last sold for AED 900,000 in 2024

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29 Nov 2024SoldReady
AED 900,000AED 1,204 per sqft
28 Sep 2024RentedRenewal
AED 62,100/yr9 months · AED 83 per sqft
15 Nov 2023Sold by developerReady
AED 661,095AED 884 per sqft
28 Sep 2022RentedNew contract
AED 54,000/yr12 months · AED 72 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 29 November 2024.

Key facts

Type
1-bed apartment
Size
747 sqft
Floor
13th of 21
Parking
P2-22
Developer
Al Madar Investment
Completed
2010
Service charge
AED 12,200 /yr
Last sold
AED 900K · November 2024

About 1306, Scala Tower (Al Madar Tower)

1306 is a one-bedroom apartment of 747 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 29 November 2024 for AED 900,000, or AED 1,204 per sqft, 5% above the AED 1,148 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 28 September 2024, is AED 62,100 a year: a gross yield of 6.9% on the 2024 price, before the service charge of about AED 12,200 a year.

Sales and rents for 1306 over time

Sales
Unit 1306, each saleTypical one-bed in Scala Tower (Al Madar Tower)
1M2009201420192024Typical sale price by year: 2009 AED 1,216,500; 2011 AED 947,193; 2012 AED 1,206,875; 2013 AED 953,940; 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 715,000; 2023 AED 848,715; 2024 AED 925,000; 2025 AED 1,052,000Sold by developer, November 2023: AED 661,095 (AED 884 per sqft)Sold, November 2024: AED 900,000 (AED 1,204 per sqft)

1306 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1306, each contractTypical one-bed in Scala Tower (Al Madar Tower)
40K60K80K2013201720212025Typical rent by year: 2013 AED 53,350; 2014 AED 75,549; 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 46,000; 2022 AED 57,200; 2023 AED 62,700; 2024 AED 75,000; 2025 AED 80,000; 2026 AED 74,799New contract, September 2022: AED 54,000 a yearRenewal, September 2024: AED 62,100 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 1306 sits

All 113 1-beds →

1306 last sold in November 2024 at AED 1,204 per sqft, 5% above what one-beds in Scala Tower (Al Madar Tower) were fetching at the time (AED 1,148). 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. 1306's AED 62,100 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Jan 20261,705,000
9 Jan 20261,030,000
18 Dec 20251,400,000
31 Jul 20251,000,000
4 1-bed sales in the last 12 months

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
13012-bedAED 1.55M · Jun 2013
13032-bedAED 2.05M · Feb 2026
13041-bedAED 1.05M · Jan 2025
13051-bedAED 1.05M · Apr 2025
13071-bedAED 1.03M · Jan 2026
13081-bedAED 1.13M · Aug 2024
13091-bedAED 1.29M · Aug 2024

1306, Scala Tower (Al Madar Tower) in numbers

  • Sold twice: first on 15 November 2023 for AED 661,095, last on 29 November 2024 for AED 900,000 (AED 1,204 per sqft).
  • Rented since September 2022 on 2 Ejari contracts, from AED 54,000 to AED 62,100 a year.
  • At AED 62,100 a year the gross yield on the 2024 price is 6.9%, before a service charge of about AED 12,200 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 29 November 2024.

Questions about 1306, Scala Tower (Al Madar Tower)

What did unit 1306 last sell for?

AED 900,000 on 29 November 2024: AED 1,204 per sqft for 747 sqft. The unit has 2 registered sales; the first was AED 661,095 in November 2023.

What is the rent for unit 1306?

AED 62,100 a year on the contract renewed on 28 September 2024. The previous contract, from September 2022, was AED 54,000.

How big is unit 1306?

747 sqft (69.4 sqm): a one-bedroom apartment on the 13th floor of a 21-storey tower completed in 2010.

What is unit 1306 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 1306, Scala Tower (Al Madar Tower)

Starts from the last sale price (AED 900K, 29 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

Plus AED 42,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →