2004, Scala Tower (Al Madar Tower)
Sold prices and rental history: sold twice, last in July 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2004, Scala Tower (Al Madar Tower)
What is 2004 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 18 July 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 978 sqft
- Floor
- 19th of 21
- Parking
- P3-06
- Developer
- Al Madar Investment
- Completed
- 2010
- Service charge
- AED 15,900 /yr
- Last sold
- AED 1.35M · July 2025
- Building
- Scala Tower (Al Madar Tower)
About 2004, Scala Tower (Al Madar Tower)
2004 is a one-bedroom apartment of 978 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. It last sold on 18 July 2025 for AED 1,350,000, or AED 1,380 per sqft, 13% above the AED 1,217 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 24 July 2023, is AED 59,400 a year: a gross yield of 4.4% on the 2025 price, before the service charge of about AED 15,900 a year.
Sales and rents for 2004 over time
2004 has sold twice; 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 2004 sits
All 113 1-beds →2004 last sold in July 2025 at AED 1,380 per sqft, 13% above what one-beds in Scala Tower (Al Madar Tower) were fetching at the time (AED 1,217). 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. 2004's AED 59,400 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 19th floor
All 176 units in Scala Tower (Al Madar Tower)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1901 | 2-bed | 1,266 sqft | AED 760KAED 759,600 · Jul 2013July 2013 | 83,000 /yr | |
| 1902 | 1-bed | 890 sqft | AED 534KAED 534,000 · Jul 2013July 2013 | 65,000 /yr | |
| 1903 | 2-bed | 1,274 sqft | AED 1.5MAED 1,500,000 · Sep 2023September 2023 | 110,000 /yr | |
| 1904 | 1-bed | 978 sqft | AED 1.35MAED 1,350,000 · Jul 2025July 2025 | 75,000 /yr | |
| 1905 | 1-bed | 959 sqft | AED 575KAED 575,400 · Jul 2013July 2013 | 63,000 /yr | |
| 1906 | 747 sqft | AED 1.2MAED 1,200,000 · Aug 2025August 2025 | 48,000 /yr | ||
| 1907 | 1-bed | 739 sqft | AED 443KAED 443,400 · Jul 2013July 2013 | 90,000 /yr | |
| 1908 | 1-bed | 988 sqft | AED 593KAED 592,800 · Jul 2013July 2013 | 62,700 /yr | |
| 1909 | 1-bed | 965 sqft | AED 579KAED 579,000 · Jul 2013July 2013 | 62,700 /yr |
2004, Scala Tower (Al Madar Tower) in numbers
- Sold twice: first on 28 July 2013 for AED 586,800, last on 18 July 2025 for AED 1,350,000 (AED 1,380 per sqft).
- Rented since October 2013 on 4 Ejari contracts, from AED 75,000 to AED 59,400 a year.
- At AED 59,400 a year the gross yield on the 2025 price is 4.4%, 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 18 July 2025.
Questions about 2004, Scala Tower (Al Madar Tower)
What did unit 2004 last sell for?
AED 1,350,000 on 18 July 2025: AED 1,380 per sqft for 978 sqft. The unit has 2 registered sales; the first was AED 586,800 in July 2013.
What is the rent for unit 2004?
AED 59,400 a year on the contract signed on 24 July 2023. The previous contract, from July 2018, was AED 75,000; the unit has been rented since October 2013.
How big is unit 2004?
978 sqft (90.9 sqm): a one-bedroom apartment on the 19th floor of a 21-storey tower completed in 2010.
What is unit 2004 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 2004, Scala Tower (Al Madar Tower)
Starts from the last sale price (AED 1.35M, 18 July 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,350,000
- Deposit, UAE resident (20%)
- AED 270,000
- Deposit, non-resident (40%)
- AED 540,000
- Monthly over 25 years at 3.7%
- AED 5,523
Plus AED 61,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →