602, Scala Tower (Al Madar Tower)
Sold prices and rental history: sold twice, last in July 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 602, Scala Tower (Al Madar Tower)
What is 602 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 20 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 888 sqft
- Floor
- 6th of 21
- Parking
- B2-02
- Developer
- Al Madar Investment
- Completed
- 2010
- Service charge
- AED 14,500 /yr
- Last sold
- AED 1.18M · July 2015
- Building
- Scala Tower (Al Madar Tower)
About 602, Scala Tower (Al Madar Tower)
602 is a one-bedroom apartment of 888 sqft on the 6th 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 13 July 2015 for AED 1,175,000, or AED 1,323 per sqft, in line with the AED 1,336 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 20 December 2024, is AED 90,000 a year: a gross yield of 7.7% on the 2015 price, before the service charge of about AED 14,500 a year.
Sales and rents for 602 over time
602 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 602 sits
All 113 1-beds →602 last sold in July 2015 at AED 1,323 per sqft, in line with what one-beds in Scala Tower (Al Madar Tower) were fetching at the time (AED 1,336). 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. 602's AED 90,000 is in the lower half 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 6th floor
All 176 units in Scala Tower (Al Madar Tower)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 2-bed | 1,254 sqft | AED 1.38MAED 1,380,000 · Jul 2023July 2023 | 90,000 /yr | |
| 603 | 2-bed | 1,272 sqft | AED 1.54MAED 1,535,767 · Jun 2014June 2014 | 105,000 /yr | |
| 604 | 1-bed | 978 sqft | AED 1.18MAED 1,180,000 · Apr 2025April 2025 | 80,000 /yr | |
| 605 | 1-bed | 959 sqft | AED 1.02MAED 1,015,000 · May 2017May 2017 | 78,000 /yr | |
| 606 | Studio | 398 sqft | AED 480KAED 480,000 · Mar 2023March 2023 | 50,863 /yr | |
| 607 | 1-bed | 743 sqft | AED 1MAED 1,000,000 · Apr 2025April 2025 | 74,000 /yr | |
| 608 | Studio | 482 sqft | AED 513KAED 513,269 · Oct 2013October 2013 | 51,975 /yr | |
| 609 | Studio | 484 sqft | AED 547KAED 547,260 · Oct 2013October 2013 | 46,805 /yr | |
| 610 | 1-bed | 757 sqft | AED 865KAED 865,000 · Apr 2024April 2024 | ||
| 611 | Studio | 398 sqft | AED 760KAED 760,000 · Feb 2016February 2016 | 90,000 /yr | |
| 612 | 1,001 sqft | AED 1.1MAED 1,100,000 · Sep 2025September 2025 | 71,000 /yr | ||
| 613 | 1-bed | 965 sqft | AED 1.12MAED 1,121,572 · Jan 2015January 2015 | 52,000 /yr |
602, Scala Tower (Al Madar Tower) in numbers
- Sold twice: first on 23 May 2009 for AED 1,071,020, last on 13 July 2015 for AED 1,175,000 (AED 1,323 per sqft).
- Rented since July 2018 on 6 Ejari contracts. The rent fell from AED 105,000 to AED 55,000 in 2021 and recovered to AED 90,000 by December 2024.
- At AED 90,000 a year the gross yield on the 2015 price is 7.7%, before a service charge of about AED 14,500 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 20 December 2024.
Questions about 602, Scala Tower (Al Madar Tower)
What did unit 602 last sell for?
AED 1,175,000 on 13 July 2015: AED 1,323 per sqft for 888 sqft. The unit has 2 registered sales; the first was AED 1,071,020 in May 2009.
What is the rent for unit 602?
AED 90,000 a year on the contract signed on 20 December 2024. The previous contract, from June 2023, was AED 70,000; the unit has been rented since July 2018.
How big is unit 602?
888 sqft (82.5 sqm): a one-bedroom apartment on the 6th floor of a 21-storey tower completed in 2010.
What is unit 602 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 602, Scala Tower (Al Madar Tower)
Starts from the last sale price (AED 1.18M, 13 July 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,175,000
- Deposit, UAE resident (20%)
- AED 235,000
- Deposit, non-resident (40%)
- AED 470,000
- Monthly over 25 years at 3.7%
- AED 4,807
Plus AED 54,360 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →