1,289 sqftScala Tower (Al Madar Tower), Business Bay · 4th floor · completed 2010

402, Scala Tower (Al Madar Tower)

Sold prices and rental history: sold once, by the developer in October 2025, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 15 October 2025
Last soldAED 1.44M15 October 2025
Current rentAED 64K /yr12 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Scala Tower (Al Madar Tower)

What is 402 worth today?

Last sold for AED 1,435,000 in 2025

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15 Oct 2025Sold by developerReady
AED 1,435,000AED 1,113 per sqft
12 Dec 2023RentedRenewal
AED 63,989/yr12 months · AED 50 per sqft
12 Dec 2022RentedNew contract
AED 58,000/yr12 months · AED 45 per sqft
12 Dec 2020RentedNew contract
AED 54,000/yr12 months · AED 42 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 October 2025.

Key facts

Type
Apartment
Size
1,289 sqft
Floor
4th of 21
Parking
P1-18
Developer
Al Madar Investment
Completed
2010
Service charge
AED 21,000 /yr
Last sold
AED 1.44M · October 2025

About 402, Scala Tower (Al Madar Tower)

402 is an apartment of 1,289 sqft on the 4th 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 15 October 2025 for AED 1,435,000, or AED 1,113 per sqft.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 12 December 2023, is AED 63,989 a year: a gross yield of 4.5% on the 2025 price, before the service charge of about AED 21,000 a year.

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
401AED 2.16M · Aug 2025
404AED 1.37M · Aug 2025
405AED 1.42M · Oct 2025
406StudioAED 1M · Feb 2026
408StudioAED 700K · Apr 2025
409StudioAED 780K · Feb 2026
4101-bedAED 1M · Jul 2025
1–7 of 9

402, Scala Tower (Al Madar Tower) in numbers

  • Sold once: by Al Madar Investment on 15 October 2025 for AED 1,435,000, or AED 1,113 per sqft.
  • Rented since December 2020 on 3 Ejari contracts, from AED 54,000 to AED 63,989 a year.
  • At AED 63,989 a year the gross yield on the 2025 price is 4.5%, before a service charge of about AED 21,000 a year (AED 16.30 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 15 October 2025.

Questions about 402, Scala Tower (Al Madar Tower)

What did unit 402 last sell for?

AED 1,435,000 on 15 October 2025, sold by the developer: AED 1,113 per sqft for 1,289 sqft. It is the only registered sale of the unit.

What is the rent for unit 402?

AED 63,989 a year on the contract renewed on 12 December 2023. The previous contract, from December 2022, was AED 58,000; the unit has been rented since December 2020.

How big is unit 402?

1,289 sqft (119.8 sqm): an apartment on the 4th floor of a 21-storey tower completed in 2010.

What is unit 402 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 402, Scala Tower (Al Madar Tower)

Starts from the last sale price (AED 1.44M, 15 October 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,435,000
Deposit, UAE resident (20%)
AED 287,000
Deposit, non-resident (40%)
AED 574,000
Monthly over 25 years at 3.7%
AED 5,871

Plus AED 65,280 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →