1704, Scala Tower (Al Madar Tower)
Sold prices and rental history: sold 5 times, last in March 2025, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1704, Scala Tower (Al Madar Tower)
What is 1704 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 12 March 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 978 sqft
- Floor
- 17th of 21
- Parking
- P3-23
- Developer
- Al Madar Investment
- Completed
- 2010
- Service charge
- AED 15,900 /yr
- Last sold
- AED 1.1M · March 2025
- Building
- Scala Tower (Al Madar Tower)
About 1704, Scala Tower (Al Madar Tower)
1704 is a one-bedroom apartment of 978 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 12 March 2025 for AED 1,100,000, or AED 1,124 per sqft, 3% below the AED 1,162 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 10 April 2024, is AED 66,000 a year: a gross yield of 6.0% on the 2025 price, before the service charge of about AED 15,900 a year.
Sales and rents for 1704 over time
1704 has sold 5 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 1704 sits
All 113 1-beds →1704 last sold in March 2025 at AED 1,124 per sqft, 3% below what one-beds in Scala Tower (Al Madar Tower) were fetching at the time (AED 1,162). 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. 1704's AED 66,000 is at the bottom 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 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 | |
| 1703 | 2-bed | 1,274 sqft | AED 1.45MAED 1,450,000 · Sep 2023September 2023 | 125,000 /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 |
1704, Scala Tower (Al Madar Tower) in numbers
- Sold 5 times: first on 25 May 2009 for AED 1,499,500, last on 12 March 2025 for AED 1,100,000 (AED 1,124 per sqft).
- Rented since September 2016 on 5 Ejari contracts. The rent fell from AED 90,000 to AED 45,000 in 2021 and recovered to AED 66,000 by April 2024.
- At AED 66,000 a year the gross yield on the 2025 price is 6.0%, before a service charge of about AED 15,900 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 12 March 2025.
Questions about 1704, Scala Tower (Al Madar Tower)
What did unit 1704 last sell for?
AED 1,100,000 on 12 March 2025: AED 1,124 per sqft for 978 sqft. The unit has 5 registered sales; the first was AED 1,499,500 in May 2009.
What is the rent for unit 1704?
AED 66,000 a year on the contract renewed on 10 April 2024. The previous contract, from April 2023, was AED 66,000; the unit has been rented since September 2016.
How big is unit 1704?
978 sqft (90.9 sqm): a one-bedroom apartment on the 17th floor of a 21-storey tower completed in 2010.
What is unit 1704 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 1704, Scala Tower (Al Madar Tower)
Starts from the last sale price (AED 1.1M, 12 March 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,100,000
- Deposit, UAE resident (20%)
- AED 220,000
- Deposit, non-resident (40%)
- AED 440,000
- Monthly over 25 years at 3.7%
- AED 4,500
Plus AED 51,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →