1-bed · 1,001 sqftScala Tower (Al Madar Tower), Business Bay · 8th floor · completed 2010

812, Scala Tower (Al Madar Tower)

Sold prices and rental history: sold 3 times, last in April 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 812 · DLD and Ejari recordsUpdated 26 December 2024
Last soldAED 1.05M5 April 2024
Current rentAED 100K /yr26 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 812, Scala Tower (Al Madar Tower)

What is 812 worth today?

Last sold for AED 1,050,000 in 2024

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26 Dec 2024RentedNew contract
AED 100,000/yr12 months · AED 100 per sqft
5 Apr 2024SoldReady
AED 1,050,000AED 1,048 per sqft
20 May 2021RentedNew contract
AED 45,000/yr12 months · AED 45 per sqft
1 Sep 2017RentedNew contract
AED 70,130/yr13 months · AED 70 per sqft
25 Dec 2016RentedNew contract
AED 85,000/yr12 months · AED 85 per sqft
21 Mar 2016SoldReady
AED 1,045,000AED 1,043 per sqft
25 Dec 2015RentedRenewal
AED 85,000/yr12 months · AED 85 per sqft
25 Dec 2014RentedNew contract
AED 85,000/yr12 months · AED 85 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 26 December 2024.

Key facts

Type
1-bed apartment
Size
1,001 sqft
Floor
8th of 21
Parking
B2-25
Developer
Al Madar Investment
Completed
2010
Service charge
AED 16,300 /yr
Last sold
AED 1.05M · April 2024

About 812, Scala Tower (Al Madar Tower)

812 is a one-bedroom apartment of 1,001 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 5 April 2024 for AED 1,050,000, or AED 1,048 per sqft, 19% above the AED 884 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 26 December 2024, is AED 100,000 a year: a gross yield of 9.5% on the 2024 price, before the service charge of about AED 16,300 a year.

Sales and rents for 812 over time

Sales
Unit 812, each saleTypical one-bed in Scala Tower (Al Madar Tower)
750K1M1.25M2009201420192024Typical sale price by year: 2009 AED 1,216,500; 2011 AED 947,193; 2012 AED 1,206,875; 2013 AED 953,940; 2014 AED 1,250,000; 2015 AED 1,150,000; 2016 AED 1,027,500; 2017 AED 1,150,000; 2021 AED 820,000; 2022 AED 715,000; 2023 AED 848,715; 2024 AED 925,000; 2025 AED 1,052,000Sold by developer, October 2011: AED 978,978 (AED 977 per sqft)Sold, March 2016: AED 1,045,000 (AED 1,043 per sqft)Sold, April 2024: AED 1,050,000 (AED 1,048 per sqft)

812 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 812, each contractTypical one-bed in Scala Tower (Al Madar Tower)
50K75K100K2013201720212025Typical rent by year: 2013 AED 53,350; 2014 AED 75,549; 2015 AED 80,000; 2016 AED 85,000; 2017 AED 80,000; 2018 AED 70,000; 2019 AED 64,000; 2020 AED 55,000; 2021 AED 46,000; 2022 AED 57,200; 2023 AED 62,700; 2024 AED 75,000; 2025 AED 80,000; 2026 AED 74,799New contract, September 2013: AED 51,215 a yearNew contract, December 2014: AED 85,000 a yearRenewal, December 2015: AED 85,000 a yearNew contract, December 2016: AED 85,000 a yearNew contract, September 2017: AED 70,130 a yearNew contract, May 2021: AED 45,000 a yearNew contract, December 2024: AED 100,000 a year

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 812 sits

All 113 1-beds →

812 last sold in April 2024 at AED 1,048 per sqft, 19% above what one-beds in Scala Tower (Al Madar Tower) were fetching at the time (AED 884). 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. 812's AED 100,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Jan 20261,705,000
9 Jan 20261,030,000
18 Dec 20251,400,000
31 Jul 20251,000,000
4 1-bed 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

812, Scala Tower (Al Madar Tower) in numbers

  • Sold 3 times: first on 24 October 2011 for AED 978,978, last on 5 April 2024 for AED 1,050,000 (AED 1,048 per sqft).
  • Rented since September 2013 on 7 Ejari contracts. The rent fell from AED 51,215 to AED 45,000 in 2021 and recovered to AED 100,000 by December 2024.
  • At AED 100,000 a year the gross yield on the 2024 price is 9.5%, before a service charge of about AED 16,300 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 26 December 2024.

Questions about 812, Scala Tower (Al Madar Tower)

What did unit 812 last sell for?

AED 1,050,000 on 5 April 2024: AED 1,048 per sqft for 1,001 sqft. The unit has 3 registered sales; the first was AED 978,978 in October 2011.

What is the rent for unit 812?

AED 100,000 a year on the contract signed on 26 December 2024. The previous contract, from May 2021, was AED 45,000; the unit has been rented since September 2013.

How big is unit 812?

1,001 sqft (93.0 sqm): a one-bedroom apartment on the 8th floor of a 21-storey tower completed in 2010.

What is unit 812 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 812, Scala Tower (Al Madar Tower)

Starts from the last sale price (AED 1.05M, 5 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

Plus AED 49,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →