406, Scala Tower (Al Madar Tower)
Sold prices and rental history: sold twice, last in February 2026, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Scala Tower (Al Madar Tower)
What is 406 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 5 February 2026.
Key facts
- Type
- Studio apartment
- Size
- 981 sqft
- Floor
- 4th of 21
- Parking
- P1-04
- Developer
- Al Madar Investment
- Completed
- 2010
- Service charge
- AED 16,000 /yr
- Last sold
- AED 1M · February 2026
- Building
- Scala Tower (Al Madar Tower)
About 406, Scala Tower (Al Madar Tower)
406 is a studio of 981 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. It last sold on 5 February 2026 for AED 1,000,000, or AED 1,019 per sqft, 18% below the AED 1,236 studios in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 9 December 2025, is AED 119,678 a year: a gross yield of 12.0% on the 2026 price, before the service charge of about AED 16,000 a year.
Sales and rents for 406 over time
406 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Scala Tower (Al Madar Tower), and where 406 sits
All 20 studios →406 last sold in February 2026 at AED 1,019 per sqft, 18% below what studios in Scala Tower (Al Madar Tower) were fetching at the time (AED 1,236). Over the last 12 months studios sold for AED 780,000 to 1,000,000, around AED 1,315 per sqft, and rent for AED 50,000 to 120,000 a year. 406's AED 119,678 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Feb 202611 February 2026 | 484 sqft | 780,000 | 1,611 | ||
| 30 Jun 202530 June 2025 | 999 sqft | 700,000 | 700 | ||
| 12 Apr 202512 April 2025 | 482 sqft | 700,000 | 1,452 | ||
| 10 Apr 202510 April 2025 | 401 sqft | 682,000 | 1,700 |
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 4th floor
All 176 units in Scala Tower (Al Madar Tower)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2,113 sqft | AED 2.16MAED 2,156,000 · Aug 2025August 2025 | 110,000 /yr | ||
| 402 | 1,289 sqft | AED 1.44MAED 1,435,000 · Oct 2025October 2025 | 63,989 /yr | ||
| 404 | 1,450 sqft | AED 1.37MAED 1,370,000 · Aug 2025August 2025 | 65,000 /yr | ||
| 405 | 1,432 sqft | AED 1.42MAED 1,420,000 · Oct 2025October 2025 | |||
| 408 | Studio | 482 sqft | AED 700KAED 700,000 · Apr 2025April 2025 | 83,775 /yr | |
| 409 | Studio | 484 sqft | AED 780KAED 780,000 · Feb 2026February 2026 | 56,000 /yr | |
| 410 | 1-bed | 757 sqft | AED 1MAED 1,000,000 · Jul 2025July 2025 | 40,000 /yr | |
| 411 | Studio | 999 sqft | AED 700KAED 700,000 · Jun 2025June 2025 | 120,000 /yr | |
| 412 | 1,473 sqft | AED 1.45MAED 1,450,000 · Sep 2025September 2025 | 150,000 /yr |
406, Scala Tower (Al Madar Tower) in numbers
- Sold twice: first on 10 July 2025 for AED 700,000, last on 5 February 2026 for AED 1,000,000 (AED 1,019 per sqft).
- Rented since March 2014 on 10 Ejari contracts. The rent fell from AED 53,550 to AED 34,000 in 2021 and recovered to AED 119,678 by December 2025.
- At AED 119,678 a year the gross yield on the 2026 price is 12.0%, before a service charge of about AED 16,000 a year (AED 16.30 per sqft).
- Studios in Scala Tower (Al Madar Tower) sold for AED 780,000–1,000,000 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 5 February 2026.
Questions about 406, Scala Tower (Al Madar Tower)
What did unit 406 last sell for?
AED 1,000,000 on 5 February 2026: AED 1,019 per sqft for 981 sqft. The unit has 2 registered sales; the first was AED 700,000 in July 2025.
What is the rent for unit 406?
AED 119,678 a year on the contract signed on 9 December 2025. The previous contract, from December 2025, was AED 119,678; the unit has been rented since March 2014.
How big is unit 406?
981 sqft (91.1 sqm): a studio on the 4th floor of a 21-storey tower completed in 2010.
What is unit 406 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Scala Tower (Al Madar Tower) sold for AED 780,000 to 1,000,000 in the last 12 months, around AED 1,315 per sqft.
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Mortgage on 406, Scala Tower (Al Madar Tower)
Starts from the last sale price (AED 1M, 5 February 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus AED 47,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →