1,254 sqftScala Tower (Al Madar Tower), Business Bay · 5th floor · completed 2010

501, Scala Tower (Al Madar Tower)

Sold prices and rental history: sold 5 times, last in August 2025, and rented once, from May 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 19 August 2025
Last soldAED 2.05M19 August 2025
Current rentAED 110K /yr15 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Scala Tower (Al Madar Tower)

What is 501 worth today?

Last sold for AED 2,050,000 in 2025

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19 Aug 2025SoldReady
AED 2,050,000AED 1,634 per sqft
15 May 2024RentedNew contract
AED 110,000/yr12 months · AED 87 per sqft
16 Jun 2022SoldReady
AED 1,000,000AED 797 per sqft
7 Nov 2013SoldReady
AED 1,695,000AED 1,351 per sqft
15 Jul 2010Sold by developerOff-plan
AED 1,695,000AED 1,351 per sqft
15 Jul 2010SoldOff-plan
AED 1,695,000AED 1,351 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 19 August 2025.

Key facts

Type
Apartment
Size
1,254 sqft
Floor
5th of 21
Parking
B2-48
Developer
Al Madar Investment
Completed
2010
Service charge
AED 20,400 /yr
Last sold
AED 2.05M · August 2025

About 501, Scala Tower (Al Madar Tower)

501 is an apartment of 1,254 sqft on the 5th 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 19 August 2025 for AED 2,050,000, or AED 1,634 per sqft.

One Ejari contract is registered, from 15 May 2024. The current contract, signed on 15 May 2024, is AED 110,000 a year: a gross yield of 5.4% on the 2025 price, before the service charge of about AED 20,400 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
5021-bedAED 1.25M · Dec 2014
5032-bedAED 1.69M · May 2009
5041-bedAED 1.05M · Mar 2023
5051-bedAED 730K · Jun 2022
506StudioAED 595K · Dec 2012
5071-bedAED 900K · Feb 2017
508StudioAED 525K · Oct 2024
1–7 of 12

501, Scala Tower (Al Madar Tower) in numbers

  • Sold 5 times: first on 15 July 2010 for AED 1,695,000, last on 19 August 2025 for AED 2,050,000 (AED 1,634 per sqft).
  • Rented since May 2024 on one Ejari contract, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2025 price is 5.4%, before a service charge of about AED 20,400 a year (AED 16.30 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 19 August 2025.

Questions about 501, Scala Tower (Al Madar Tower)

What did unit 501 last sell for?

AED 2,050,000 on 19 August 2025: AED 1,634 per sqft for 1,254 sqft. The unit has 5 registered sales; the first was AED 1,695,000 in July 2010.

What is the rent for unit 501?

AED 110,000 a year on the contract signed on 15 May 2024.

How big is unit 501?

1,254 sqft (116.5 sqm): an apartment on the 5th floor of a 21-storey tower completed in 2010.

What is unit 501 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 501, Scala Tower (Al Madar Tower)

Starts from the last sale price (AED 2.05M, 19 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,050,000
Deposit, UAE resident (20%)
AED 410,000
Deposit, non-resident (40%)
AED 820,000
Monthly over 25 years at 3.7%
AED 8,387

Plus AED 91,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →