1606, Scala Tower (Al Madar Tower)
Sold prices and rental history: sold 3 times, last in May 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1606, Scala Tower (Al Madar Tower)
What is 1606 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 8 March 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 747 sqft
- Floor
- 16th of 21
- Parking
- P2-06
- Developer
- Al Madar Investment
- Completed
- 2010
- Service charge
- AED 12,200 /yr
- Last sold
- AED 960K · May 2014
- Building
- Scala Tower (Al Madar Tower)
About 1606, Scala Tower (Al Madar Tower)
1606 is a one-bedroom apartment of 747 sqft on the 16th 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 19 May 2014 for AED 960,000, or AED 1,285 per sqft, 17% above the AED 1,099 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 8 March 2025, is AED 77,000 a year: a gross yield of 8.0% on the 2014 price, before the service charge of about AED 12,200 a year.
Sales and rents for 1606 over time
1606 has sold 3 times; 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 1606 sits
All 113 1-beds →1606 last sold in May 2014 at AED 1,285 per sqft, 17% above what one-beds in Scala Tower (Al Madar Tower) were fetching at the time (AED 1,099). 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. 1606's AED 77,000 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 16th floor
All 176 units in Scala Tower (Al Madar Tower)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,266 sqft | AED 1.2MAED 1,200,000 · Jun 2019June 2019 | 105,000 /yr | |
| 1602 | 1-bed | 910 sqft | AED 1.35MAED 1,350,000 · Aug 2014August 2014 | 66,000 /yr | |
| 1603 | 2-bed | 1,274 sqft | AED 855KAED 855,000 · Aug 2015August 2015 | 90,000 /yr | |
| 1604 | 1-bed | 978 sqft | AED 1.15MAED 1,150,000 · Aug 2015August 2015 | 80,000 /yr | |
| 1605 | 1-bed | 959 sqft | AED 1.03MAED 1,027,614 · Sep 2023September 2023 | 55,000 /yr | |
| 1607 | 1-bed | 739 sqft | AED 480KAED 480,390 · Apr 2014April 2014 | ||
| 1608 | 1-bed | 988 sqft | AED 1.28MAED 1,283,880 · Mar 2014March 2014 | 84,000 /yr | |
| 1609 | 1-bed | 965 sqft | AED 593KAED 593,230 · Mar 2014March 2014 |
1606, Scala Tower (Al Madar Tower) in numbers
- Sold 3 times: first on 24 May 2009 for AED 942,880, last on 19 May 2014 for AED 960,000 (AED 1,285 per sqft).
- Rented since November 2015 on 6 Ejari contracts. The rent fell from AED 70,000 to AED 44,000 in 2021 and recovered to AED 77,000 by March 2025.
- At AED 77,000 a year the gross yield on the 2014 price is 8.0%, 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 8 March 2025.
Questions about 1606, Scala Tower (Al Madar Tower)
What did unit 1606 last sell for?
AED 960,000 on 19 May 2014: AED 1,285 per sqft for 747 sqft. The unit has 3 registered sales; the first was AED 942,880 in May 2009.
What is the rent for unit 1606?
AED 77,000 a year on the contract signed on 8 March 2025. The previous contract, from October 2023, was AED 57,500; the unit has been rented since November 2015.
How big is unit 1606?
747 sqft (69.4 sqm): a one-bedroom apartment on the 16th floor of a 21-storey tower completed in 2010.
What is unit 1606 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 1606, Scala Tower (Al Madar Tower)
Starts from the last sale price (AED 960K, 19 May 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 960,000
- Deposit, UAE resident (20%)
- AED 192,000
- Deposit, non-resident (40%)
- AED 384,000
- Monthly over 25 years at 3.7%
- AED 3,928
Plus AED 45,330 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →