1-bed · 988 sqftScala Tower (Al Madar Tower), Business Bay · 19th floor · completed 2010

1908, Scala Tower (Al Madar Tower)

Sold prices and rental history: sold once, by the developer in July 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1908 · DLD and Ejari recordsUpdated 2 October 2023
Last soldAED 593K28 July 2013
Current rentAED 63K /yr2 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1908, Scala Tower (Al Madar Tower)

What is 1908 worth today?

Last sold for AED 592,800 in 2013

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2 Oct 2023RentedNew contract
AED 62,700/yr12 months · AED 63 per sqft
2 Oct 2021RentedNew contract
AED 56,000/yr12 months · AED 57 per sqft
2 Oct 2019RentedRenewal
AED 63,000/yr12 months · AED 64 per sqft
2 Oct 2018RentedNew contract
AED 75,000/yr12 months · AED 76 per sqft
2 Oct 2016RentedNew contract
AED 82,000/yr12 months · AED 83 per sqft
15 Sep 2013RentedNew contract
AED 53,350/yr12 months · AED 54 per sqft
28 Jul 2013Sold by developerReady
AED 592,800AED 599 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 2 October 2023.

Key facts

Type
1-bed apartment
Size
988 sqft
Floor
19th of 21
Parking
B1-32& B1-72& P3-12
Developer
Al Madar Investment
Completed
2010
Service charge
AED 16,100 /yr
Last sold
AED 593K · July 2013

About 1908, Scala Tower (Al Madar Tower)

1908 is a one-bedroom apartment of 988 sqft on the 19th 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 28 July 2013 for AED 592,800, or AED 599 per sqft, 48% below the AED 1,160 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 2 October 2023, is AED 62,700 a year: a gross yield of 10.6% on the 2013 price, before the service charge of about AED 16,100 a year.

Sales and rents for 1908 over time

Sales
Unit 1908, each saleTypical one-bed in Scala Tower (Al Madar Tower)
500K1M2009201420192024Typical sale price by year: 2009 AED 1,216,500; 2011 AED 947,193; 2012 AED 1,206,875; 2013 AED 953,940; 2014 AED 1,250,000; 2015 AED 1,150,000; 2016 AED 1,027,500; 2017 AED 1,150,000; 2021 AED 820,000; 2022 AED 715,000; 2023 AED 848,715; 2024 AED 925,000; 2025 AED 1,052,000Sold by developer, July 2013: AED 592,800 (AED 599 per sqft)

1908 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1908, each contractTypical one-bed in Scala Tower (Al Madar Tower)
40K60K80K2013201720212025Typical rent by year: 2013 AED 53,350; 2014 AED 75,549; 2015 AED 80,000; 2016 AED 85,000; 2017 AED 80,000; 2018 AED 70,000; 2019 AED 64,000; 2020 AED 55,000; 2021 AED 46,000; 2022 AED 57,200; 2023 AED 62,700; 2024 AED 75,000; 2025 AED 80,000; 2026 AED 74,799New contract, September 2013: AED 53,350 a yearNew contract, October 2016: AED 82,000 a yearNew contract, October 2018: AED 75,000 a yearRenewal, October 2019: AED 63,000 a yearNew contract, October 2021: AED 56,000 a yearNew contract, October 2023: AED 62,700 a year

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 1908 sits

All 113 1-beds →

1908 last sold in July 2013 at AED 599 per sqft, 48% below what one-beds in Scala Tower (Al Madar Tower) were fetching at the time (AED 1,160). 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. 1908's AED 62,700 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Jan 20261,705,000
9 Jan 20261,030,000
18 Dec 20251,400,000
31 Jul 20251,000,000
4 1-bed sales in the last 12 months

Scala Tower (Al Madar Tower)

Building

176 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%
Scala Tower (Al Madar Tower), Business Bay: prices, sales and rents →
Value
19012-bedAED 760K · Jul 2013
19021-bedAED 534K · Jul 2013
19032-bedAED 1.5M · Sep 2023
19041-bedAED 1.35M · Jul 2025
19051-bedAED 575K · Jul 2013
1906AED 1.2M · Aug 2025
19071-bedAED 443K · Jul 2013
1–7 of 9

1908, Scala Tower (Al Madar Tower) in numbers

  • Sold once: by Al Madar Investment on 28 July 2013 for AED 592,800, or AED 599 per sqft.
  • Rented since September 2013 on 6 Ejari contracts, from AED 53,350 to AED 62,700 a year.
  • At AED 62,700 a year the gross yield on the 2013 price is 10.6%, before a service charge of about AED 16,100 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 October 2023.

Questions about 1908, Scala Tower (Al Madar Tower)

What did unit 1908 last sell for?

AED 592,800 on 28 July 2013, sold by the developer: AED 599 per sqft for 988 sqft. It is the only registered sale of the unit.

What is the rent for unit 1908?

AED 62,700 a year on the contract signed on 2 October 2023. The previous contract, from October 2021, was AED 56,000; the unit has been rented since September 2013.

How big is unit 1908?

988 sqft (91.8 sqm): a one-bedroom apartment on the 19th floor of a 21-storey tower completed in 2010.

What is unit 1908 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 1908, Scala Tower (Al Madar Tower)

Starts from the last sale price (AED 593K, 28 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 592,800
Deposit, UAE resident (20%)
AED 118,560
Deposit, non-resident (40%)
AED 237,120
Monthly over 25 years at 3.7%
AED 2,425

Plus AED 29,908 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →