1-bed · 988 sqftScala Tower (Al Madar Tower), Business Bay · 21st floor · completed 2010

2108, Scala Tower (Al Madar Tower)

Sold prices and rental history: sold 3 times, last in November 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2108 · DLD and Ejari recordsUpdated 2 November 2023
Last soldAED 900K2 November 2023
Current rentAED 55K /yr5 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2108, Scala Tower (Al Madar Tower)

What is 2108 worth today?

Last sold for AED 900,000 in 2023

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2 Nov 2023SoldReady
AED 900,000AED 910 per sqft
5 Feb 2023RentedRenewal
AED 55,200/yr12 months · AED 56 per sqft
5 Feb 2021RentedNew contract
AED 42,000/yr12 months · AED 43 per sqft
20 Sep 2020RentedRenewal
AED 65,000/yr12 months · AED 66 per sqft
20 Sep 2019RentedRenewal
AED 65,000/yr12 months · AED 66 per sqft
20 Sep 2018RentedNew contract
AED 65,000/yr12 months · AED 66 per sqft
18 Jun 2017RentedNew contract
AED 80,000/yr12 months · AED 81 per sqft
16 Oct 2016SoldReady
AED 900,000AED 910 per sqft

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

Key facts

Type
1-bed apartment
Size
988 sqft
Floor
21st of 21
Parking
P3-01
Developer
Al Madar Investment
Completed
2010
Service charge
AED 16,100 /yr
Last sold
AED 900K · November 2023

About 2108, Scala Tower (Al Madar Tower)

2108 is a one-bedroom apartment of 988 sqft on the 21st 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 2 November 2023 for AED 900,000, or AED 910 per sqft, in line with the AED 884 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 5 February 2023, is AED 55,200 a year: a gross yield of 6.1% on the 2023 price, before the service charge of about AED 16,100 a year.

Sales and rents for 2108 over time

Sales
Unit 2108, 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)Sold, October 2016: AED 900,000 (AED 910 per sqft)Sold, November 2023: AED 900,000 (AED 910 per sqft)

2108 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2108, 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, June 2017: AED 80,000 a yearNew contract, September 2018: AED 65,000 a yearRenewal, September 2019: AED 65,000 a yearRenewal, September 2020: AED 65,000 a yearNew contract, February 2021: AED 42,000 a yearRenewal, February 2023: AED 55,200 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 2108 sits

All 113 1-beds →

2108 last sold in November 2023 at AED 910 per sqft, in line with what one-beds in Scala Tower (Al Madar Tower) were fetching at the time (AED 884). 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. 2108's AED 55,200 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
21012-bedAED 1.23M · Apr 2023
21021-bedAED 1.27M · Jan 2012
21032-bedAED 2.15M · Jul 2012
21041-bedAED 1.4M · Dec 2025
21051-bedAED 1.13M · Dec 2024
21061-bedAED 940K · Jun 2025
21071-bedAED 950K · Dec 2024
1–7 of 8

2108, Scala Tower (Al Madar Tower) in numbers

  • Sold 3 times: first on 28 July 2013 for AED 592,800, last on 2 November 2023 for AED 900,000 (AED 910 per sqft).
  • Rented since June 2017 on 6 Ejari contracts. The rent fell from AED 80,000 to AED 42,000 in 2021 and recovered to AED 55,200 by February 2023.
  • At AED 55,200 a year the gross yield on the 2023 price is 6.1%, 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 November 2023.

Questions about 2108, Scala Tower (Al Madar Tower)

What did unit 2108 last sell for?

AED 900,000 on 2 November 2023: AED 910 per sqft for 988 sqft. The unit has 3 registered sales; the first was AED 592,800 in July 2013.

What is the rent for unit 2108?

AED 55,200 a year on the contract renewed on 5 February 2023. The previous contract, from February 2021, was AED 42,000; the unit has been rented since June 2017.

How big is unit 2108?

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

What is unit 2108 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 2108, Scala Tower (Al Madar Tower)

Starts from the last sale price (AED 900K, 2 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

Plus AED 42,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →