1502, Scala Tower (Al Madar Tower)
Sold prices and rental history: sold once, by the developer in October 2022, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1502, Scala Tower (Al Madar Tower)
What is 1502 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: YallaValue analysis of Dubai Land Department records. Updated 2 July 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 917 sqft
- Floor
- 15th of 21
- Parking
- P2-27
- Developer
- Al Madar Investment
- Completed
- 2010
- Service charge
- AED 14,900 /yr
- Last sold
- AED 813K · October 2022
- Building
- Scala Tower (Al Madar Tower)
About 1502, Scala Tower (Al Madar Tower)
1502 is a one-bedroom apartment of 917 sqft on the 15th floor of Scala Tower (Al Madar Tower), a 21-storey tower in Business Bay completed in 2010 by Al Madar Investment. The developer sold it on 12 October 2022 for AED 813,173, or AED 886 per sqft, in line with the AED 886 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 2 July 2025, is AED 95,000 a year: a gross yield of 11.7% on the 2022 price, before the service charge of about AED 14,900 a year.
Sales and rents for 1502 over time
1502 has sold once; 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 1502 sits
All 113 1-beds →1502 last sold in October 2022 at AED 886 per sqft, in line with what one-beds in Scala Tower (Al Madar Tower) were fetching at the time (AED 886). 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. 1502's AED 95,000 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 15th floor
All 176 units in Scala Tower (Al Madar Tower)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 1,266 sqft | AED 1.6MAED 1,600,000 · Oct 2023October 2023 | 85,000 /yr | |
| 1504 | 1-bed | 978 sqft | AED 1.33MAED 1,330,000 · Jun 2025June 2025 | 60,000 /yr | |
| 1505 | 959 sqft | AED 1.1MAED 1,100,000 · Sep 2025September 2025 | 66,700 /yr | ||
| 1506 | 1-bed | 747 sqft | AED 880KAED 880,000 · Jun 2024June 2024 | 85,000 /yr | |
| 1507 | 1-bed | 739 sqft | AED 895KAED 895,000 · Jun 2024June 2024 | 82,500 /yr | |
| 1508 | 1-bed | 988 sqft | AED 1.1MAED 1,100,000 · Jun 2024June 2024 | 65,000 /yr | |
| 1509 | 1-bed | 965 sqft | AED 1.39MAED 1,390,000 · Jan 2025January 2025 | 65,000 /yr |
1502, Scala Tower (Al Madar Tower) in numbers
- Sold once: by Al Madar Investment on 12 October 2022 for AED 813,173, or AED 886 per sqft.
- Rented since August 2018 on 4 Ejari contracts, from AED 70,000 to AED 95,000 a year.
- At AED 95,000 a year the gross yield on the 2022 price is 11.7%, before a service charge of about AED 14,900 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 2 July 2025.
Questions about 1502, Scala Tower (Al Madar Tower)
What did unit 1502 last sell for?
AED 813,173 on 12 October 2022, sold by the developer: AED 886 per sqft for 917 sqft. It is the only registered sale of the unit.
What is the rent for unit 1502?
AED 95,000 a year on the contract signed on 2 July 2025. The previous contract, from April 2024, was AED 90,000; the unit has been rented since August 2018.
How big is unit 1502?
917 sqft (85.2 sqm): a one-bedroom apartment on the 15th floor of a 21-storey tower completed in 2010.
What is unit 1502 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.
Selling 1502? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1502, Scala Tower (Al Madar Tower)
Starts from the last sale price (AED 813K, 12 October 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 813,173
- Deposit, UAE resident (20%)
- AED 162,635
- Deposit, non-resident (40%)
- AED 325,269
- Monthly over 25 years at 3.7%
- AED 3,327
Plus AED 39,163 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →