1703, Scala Tower (Al Madar Tower)
Sold prices and rental history: sold 4 times, last in September 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1703, Scala Tower (Al Madar Tower)
What is 1703 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 8 December 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,274 sqft
- Floor
- 17th of 21
- Parking
- P3-22
- Developer
- Al Madar Investment
- Completed
- 2010
- Service charge
- AED 20,800 /yr
- Last sold
- AED 1.45M · September 2023
- Building
- Scala Tower (Al Madar Tower)
About 1703, Scala Tower (Al Madar Tower)
1703 is a two-bedroom apartment of 1,274 sqft on the 17th 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 7 September 2023 for AED 1,450,000, or AED 1,138 per sqft, 7% above the AED 1,060 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 8 December 2025, is AED 125,000 a year: a gross yield of 8.6% on the 2023 price, before the service charge of about AED 20,800 a year.
Sales and rents for 1703 over time
1703 has sold 4 times; 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 1703 sits
All 32 2-beds →1703 last sold in September 2023 at AED 1,138 per sqft, 7% above what two-beds in Scala Tower (Al Madar Tower) were fetching at the time (AED 1,060). 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 17th floor
All 176 units in Scala Tower (Al Madar Tower)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | 2-bed | 1,266 sqft | AED 900KAED 900,000 · Aug 2021August 2021 | 50,000 /yr | |
| 1702 | 1-bed | 903 sqft | AED 542KAED 541,800 · Jul 2013July 2013 | 105,000 /yr | |
| 1704 | 1-bed | 978 sqft | AED 1.1MAED 1,100,000 · Mar 2025March 2025 | 66,000 /yr | |
| 1705 | 1-bed | 959 sqft | AED 870KAED 870,000 · Jul 2022July 2022 | 75,000 /yr | |
| 1706 | 1-bed | 747 sqft | AED 1.05MAED 1,045,000 · May 2009May 2009 | 67,500 /yr | |
| 1707 | 1-bed | 739 sqft | AED 850KAED 850,000 · Jun 2024June 2024 | 90,000 /yr | |
| 1708 | 1-bed | 988 sqft | AED 1.05MAED 1,050,000 · Feb 2024February 2024 | 53,000 /yr | |
| 1709 | 1-bed | 965 sqft | AED 890KAED 890,000 · Jun 2021June 2021 | 57,000 /yr |
1703, Scala Tower (Al Madar Tower) in numbers
- Sold 4 times: first on 25 May 2009 for AED 1,728,500, last on 7 September 2023 for AED 1,450,000 (AED 1,138 per sqft).
- Rented since August 2020 on 4 Ejari contracts, from AED 63,000 to AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2023 price is 8.6%, before a service charge of about AED 20,800 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 8 December 2025.
Questions about 1703, Scala Tower (Al Madar Tower)
What did unit 1703 last sell for?
AED 1,450,000 on 7 September 2023: AED 1,138 per sqft for 1,274 sqft. The unit has 4 registered sales; the first was AED 1,728,500 in May 2009.
What is the rent for unit 1703?
AED 125,000 a year on the contract signed on 8 December 2025. The previous contract, from December 2024, was AED 125,000; the unit has been rented since August 2020.
How big is unit 1703?
1,274 sqft (118.4 sqm): a two-bedroom apartment on the 17th floor of a 21-storey tower completed in 2010.
What is unit 1703 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 1703, Scala Tower (Al Madar Tower)
Starts from the last sale price (AED 1.45M, 7 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,450,000
- Deposit, UAE resident (20%)
- AED 290,000
- Deposit, non-resident (40%)
- AED 580,000
- Monthly over 25 years at 3.7%
- AED 5,932
Plus AED 65,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →