803, Scala Tower (Al Madar Tower)
Sold prices and rental history: sold twice, last in February 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 803, Scala Tower (Al Madar Tower)
What is 803 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,321 sqft
- Floor
- 8th of 21
- Parking
- B2-16
- Developer
- Al Madar Investment
- Completed
- 2010
- Service charge
- AED 21,500 /yr
- Last sold
- AED 1.54M · February 2015
- Building
- Scala Tower (Al Madar Tower)
About 803, Scala Tower (Al Madar Tower)
803 is a two-bedroom apartment of 1,321 sqft on the 8th 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 26 February 2015 for AED 1,539,000, or AED 1,165 per sqft, 9% below the AED 1,278 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 1 March 2025, is AED 120,000 a year: a gross yield of 7.8% on the 2015 price, before the service charge of about AED 21,500 a year.
Sales and rents for 803 over time
803 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Scala Tower (Al Madar Tower), and where 803 sits
All 32 2-beds →803 last sold in February 2015 at AED 1,165 per sqft, 9% below what two-beds in Scala Tower (Al Madar Tower) were fetching at the time (AED 1,278). Over the last 12 months two-beds sold for AED 2,050,000, around AED 1,609 per sqft, and rent for AED 115,000 to 125,000 a year.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Feb 20266 February 2026 | 1,274 sqft | 2,050,000 | 1,609 | ||
| 30 Jul 202530 July 2025 | 1,266 sqft | 1,962,000 | 1,549 | ||
| 18 Jun 202518 June 2025 | 1,266 sqft | 1,750,000 | 1,382 | ||
| 28 May 202528 May 2025 | 1,266 sqft | 1,750,000 | 1,382 |
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 8th floor
All 176 units in Scala Tower (Al Madar Tower)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 801 | 2-bed | 1,266 sqft | AED 1.54MAED 1,543,750 · Jun 2013June 2013 | ||
| 802 | 1-bed | 921 sqft | AED 1.15MAED 1,150,000 · Jun 2023June 2023 | 100,000 /yr | |
| 804 | 1-bed | 978 sqft | AED 1.03MAED 1,030,000 · Jun 2016June 2016 | 68,737 /yr | |
| 805 | 1-bed | 958 sqft | AED 855KAED 855,000 · Oct 2023October 2023 | 75,000 /yr | |
| 806 | Studio | 401 sqft | AED 682KAED 682,000 · Apr 2025April 2025 | 57,000 /yr | |
| 807 | 1-bed | 740 sqft | AED 850KAED 850,000 · Sep 2024September 2024 | 77,000 /yr | |
| 808 | Studio | 482 sqft | AED 576KAED 576,000 · May 2009May 2009 | 36,000 /yr | |
| 809 | Studio | 484 sqft | AED 720KAED 720,000 · Feb 2025February 2025 | 72,000 /yr | |
| 810 | 1-bed | 755 sqft | AED 930KAED 930,000 · Jul 2025July 2025 | 66,265 /yr | |
| 811 | Studio | 400 sqft | AED 535KAED 535,000 · Mar 2023March 2023 | 50,000 /yr | |
| 812 | 1-bed | 1,001 sqft | AED 1.05MAED 1,050,000 · Apr 2024April 2024 | 100,000 /yr | |
| 813 | 1-bed | 965 sqft | AED 1.13MAED 1,125,750 · Feb 2015February 2015 | 75,000 /yr |
803, Scala Tower (Al Madar Tower) in numbers
- Sold twice: first on 24 May 2009 for AED 1,539,000, last on 26 February 2015 for AED 1,539,000 (AED 1,165 per sqft).
- Rented since August 2015 on 6 Ejari contracts. The rent fell from AED 97,000 to AED 65,000 in 2021 and recovered to AED 120,000 by March 2025.
- At AED 120,000 a year the gross yield on the 2015 price is 7.8%, before a service charge of about AED 21,500 a year (AED 16.30 per sqft).
- Two-beds in Scala Tower (Al Madar Tower) sold for AED 2,050,000–2,050,000 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 1 March 2025.
Questions about 803, Scala Tower (Al Madar Tower)
What did unit 803 last sell for?
AED 1,539,000 on 26 February 2015: AED 1,165 per sqft for 1,321 sqft. The unit has 2 registered sales; the first was AED 1,539,000 in May 2009.
What is the rent for unit 803?
AED 120,000 a year on the contract signed on 1 March 2025. The previous contract, from October 2022, was AED 90,000; the unit has been rented since August 2015.
How big is unit 803?
1,321 sqft (122.7 sqm): a two-bedroom apartment on the 8th floor of a 21-storey tower completed in 2010.
What is unit 803 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Scala Tower (Al Madar Tower) sold for AED 2,050,000 to 2,050,000 in the last 12 months, around AED 1,609 per sqft.
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Mortgage on 803, Scala Tower (Al Madar Tower)
Starts from the last sale price (AED 1.54M, 26 February 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,539,000
- Deposit, UAE resident (20%)
- AED 307,800
- Deposit, non-resident (40%)
- AED 615,600
- Monthly over 25 years at 3.7%
- AED 6,297
Plus AED 69,648 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →