Studio · 400 sqftScala Tower (Al Madar Tower), Business Bay · 8th floor · completed 2010

811, Scala Tower (Al Madar Tower)

Sold prices and rental history: sold twice, last in March 2023, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 811 · DLD and Ejari recordsUpdated 14 March 2023
Last soldAED 535K14 March 2023
Current rentAED 50K /yr2 September 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 811, Scala Tower (Al Madar Tower)

What is 811 worth today?

Last sold for AED 535,000 in 2023

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14 Mar 2023SoldReady
AED 535,000AED 1,337 per sqft
2 Sep 2018RentedNew contract
AED 50,000/yr12 months · AED 126 per sqft
29 Jan 2017RentedNew contract
AED 60,000/yr12 months · AED 151 per sqft
25 May 2009Sold by developerOff-plan
AED 565,250AED 1,413 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 14 March 2023.

Key facts

Type
Studio apartment
Size
400 sqft
Floor
8th of 21
Parking
B2-24
Developer
Al Madar Investment
Completed
2010
Service charge
AED 6,500 /yr
Last sold
AED 535K · March 2023

About 811, Scala Tower (Al Madar Tower)

811 is a studio of 400 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 14 March 2023 for AED 535,000, or AED 1,337 per sqft.

It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 2 September 2018, is AED 50,000 a year: a gross yield of 9.3% on the 2023 price, before the service charge of about AED 6,500 a year.

Sales and rents for 811 over time

Sales
Unit 811, each saleTypical studio in Scala Tower (Al Madar Tower)
500K600K700K2009201420192024Typical sale price by year: 2009 AED 519,769; 2012 AED 512,249; 2013 AED 543,630; 2014 AED 607,385; 2023 AED 495,000; 2024 AED 560,000; 2025 AED 700,000Sold by developer, May 2009: AED 565,250 (AED 1,413 per sqft)Sold, March 2023: AED 535,000 (AED 1,337 per sqft)

811 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 811, each contractTypical studio in Scala Tower (Al Madar Tower)
40K60K20142017202020232026Typical rent by year: 2014 AED 64,000; 2015 AED 57,000; 2016 AED 57,000; 2017 AED 52,000; 2018 AED 50,000; 2019 AED 40,500; 2020 AED 34,000; 2021 AED 35,000; 2022 AED 41,000; 2023 AED 46,000; 2024 AED 51,975; 2025 AED 58,500New contract, January 2017: AED 60,000 a yearNew contract, September 2018: AED 50,000 a year

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 811 sits

All 20 studios →

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. 811's AED 50,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
11 Feb 2026780,000
5 Feb 20261,000,000
10 Jul 2025700,000
30 Jun 2025700,000
2 studio sales in the last 12 months

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
8012-bedAED 1.54M · Jun 2013
8021-bedAED 1.15M · Jun 2023
8032-bedAED 1.54M · Feb 2015
8041-bedAED 1.03M · Jun 2016
8051-bedAED 855K · Oct 2023
806StudioAED 682K · Apr 2025
8071-bedAED 850K · Sep 2024
1–7 of 12

811, Scala Tower (Al Madar Tower) in numbers

  • Sold twice: first on 25 May 2009 for AED 565,250, last on 14 March 2023 for AED 535,000 (AED 1,337 per sqft).
  • Rented since January 2017 on 2 Ejari contracts, from AED 60,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2023 price is 9.3%, before a service charge of about AED 6,500 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 14 March 2023.

Questions about 811, Scala Tower (Al Madar Tower)

What did unit 811 last sell for?

AED 535,000 on 14 March 2023: AED 1,337 per sqft for 400 sqft. The unit has 2 registered sales; the first was AED 565,250 in May 2009.

What is the rent for unit 811?

AED 50,000 a year on the contract signed on 2 September 2018. The previous contract, from January 2017, was AED 60,000.

How big is unit 811?

400 sqft (37.2 sqm): a studio on the 8th floor of a 21-storey tower completed in 2010.

What is unit 811 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 811, Scala Tower (Al Madar Tower)

Starts from the last sale price (AED 535K, 14 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 535,000
Deposit, UAE resident (20%)
AED 107,000
Deposit, non-resident (40%)
AED 214,000
Monthly over 25 years at 3.7%
AED 2,189

Plus AED 27,480 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →