1401, Scala Tower (Al Madar Tower)
Sold prices and rental history: sold twice, last in June 2016, 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 1401, Scala Tower (Al Madar Tower)
What is 1401 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 20 May 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,266 sqft
- Floor
- 14th of 21
- Parking
- P2-10
- Developer
- Al Madar Investment
- Completed
- 2010
- Service charge
- AED 20,600 /yr
- Last sold
- AED 1.51M · June 2016
- Building
- Scala Tower (Al Madar Tower)
About 1401, Scala Tower (Al Madar Tower)
1401 is a two-bedroom apartment of 1,266 sqft on the 14th 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 June 2016 for AED 1,510,000, or AED 1,192 per sqft, 10% below the AED 1,318 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 20 May 2025, is AED 120,000 a year: a gross yield of 8.0% on the 2016 price, before the service charge of about AED 20,600 a year.
Sales and rents for 1401 over time
1401 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 1401 sits
All 32 2-beds →1401 last sold in June 2016 at AED 1,192 per sqft, 10% below what two-beds in Scala Tower (Al Madar Tower) were fetching at the time (AED 1,318). 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 14th floor
All 176 units in Scala Tower (Al Madar Tower)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1402 | 1-bed | 924 sqft | AED 1.3MAED 1,300,000 · Nov 2016November 2016 | 60,000 /yr | |
| 1403 | 2-bed | 1,274 sqft | AED 1.73MAED 1,730,000 · Apr 2016April 2016 | 94,116 /yr | |
| 1404 | 1-bed | 489 sqft | AED 1.08MAED 1,075,800 · Jun 2013June 2013 | 75,000 /yr | |
| 1405 | 1-bed | 959 sqft | AED 1MAED 1,000,000 · Jun 2024June 2024 | 120,000 /yr | |
| 1406 | 1-bed | 747 sqft | AED 448KAED 448,000 · Sep 2013September 2013 | 72,000 /yr | |
| 1407 | 1-bed | 739 sqft | AED 850KAED 849,850 · Sep 2013September 2013 | 74,799 /yr | |
| 1408 | 1-bed | 988 sqft | AED 1.1MAED 1,100,000 · Jan 2013January 2013 | 69,300 /yr | |
| 1409 | 1-bed | 965 sqft | AED 1.05MAED 1,050,000 · Mar 2025March 2025 |
1401, Scala Tower (Al Madar Tower) in numbers
- Sold twice: first on 3 June 2009 for AED 1,510,000, last on 8 June 2016 for AED 1,510,000 (AED 1,192 per sqft).
- Rented since May 2013 on 11 Ejari contracts. The rent fell from AED 75,000 to AED 65,000 in 2021 and recovered to AED 120,000 by May 2025.
- At AED 120,000 a year the gross yield on the 2016 price is 8.0%, 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 20 May 2025.
Questions about 1401, Scala Tower (Al Madar Tower)
What did unit 1401 last sell for?
AED 1,510,000 on 8 June 2016: AED 1,192 per sqft for 1,266 sqft. The unit has 2 registered sales; the first was AED 1,510,000 in June 2009.
What is the rent for unit 1401?
AED 120,000 a year on the contract signed on 20 May 2025. The previous contract, from May 2024, was AED 120,000; the unit has been rented since May 2013.
How big is unit 1401?
1,266 sqft (117.6 sqm): a two-bedroom apartment on the 14th floor of a 21-storey tower completed in 2010.
What is unit 1401 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 1401, Scala Tower (Al Madar Tower)
Starts from the last sale price (AED 1.51M, 8 June 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,510,000
- Deposit, UAE resident (20%)
- AED 302,000
- Deposit, non-resident (40%)
- AED 604,000
- Monthly over 25 years at 3.7%
- AED 6,178
Plus AED 68,430 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →