Market bulletin · Thu, 22 Oct 2026
Scala Tower (Al Madar Tower): 0 sales worth AED 0 in 30 days
Scala Tower (Al Madar Tower) recorded 0 sales worth AED 0 in the 30 days to Thu, 22 Oct 2026. Over the last week 0 sales were registered (AED 0), against 0 the week before.
By market over 12 months: secondary (ready) sales 100%.
In Business Bay, Scala Tower (Al Madar Tower) ranked #11 of 11 leading projects by 12-month sales value; it is developed by Al Madar Finance.
Leases registered in the last three months had a median annual rent of AED 72K. The best gross yield is on 1 BR apartments at about 6.2%.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | AED 984 |
| Aug 25 | AED 1,164 |
| Jul 25 | AED 1,338 |
| Jun 25 | AED 1,287 |
| May 25 | — |
| Apr 25 | — |
| Mar 25 | AED 1,131 |
| Feb 25 | AED 1,139 |
| Jan 25 | AED 1,245 |
| Dec 24 | AED 1,173 |
| Nov 24 | — |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 0 |
| Sept 26 | 0 | 0 | 0 |
| Aug 26 | 0 | 0 | 2 |
| Jul 26 | 0 | 0 | 0 |
| Jun 26 | 0 | 0 | 0 |
| May 26 | 0 | 0 | 0 |
| Apr 26 | 0 | 0 | 2 |
| Mar 26 | 0 | 0 | 0 |
| Feb 26 | 0 | 0 | 4 |
| Jan 26 | 0 | 0 | 2 |
| Dec 25 | 0 | 0 | 1 |
| Nov 25 | 0 | 0 | 0 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 0 | — | AED 0 | — | — |
| Last 3 months | 2 | — | AED 2.28M | — | — |
| Last 6 months | 2 | down 77.8% | AED 2.28M | — | — |
| Last 12 months | 12 | down 81.3% | AED 15.2M | 1,353 | up 16.5% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Secondary (ready) | 12 | 100% | AED 1.21M | 1,353 | up 16.5% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 2 | 17% | — | — | — |
| 1 bedroom | 8 | 67% | AED 1.21M | 1,287 | up 12.2% |
| 2 bedrooms | 2 | 17% | — | — | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 11 | 92% | AED 1.20M | 1,313 | up 14.3% |
| AED 2M–10M | 1 | 8% | — | — | — |
Rents & yields
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | — |
| Sept 26 | AED 75K |
| Aug 26 | AED 70K |
| Jul 26 | AED 71K |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | AED 95K |
| Oct 25 | AED 78K |
| Sept 25 | — |
| Aug 25 | — |
| Jul 25 | — |
| Jun 25 | AED 80K |
| May 25 | — |
| Apr 25 | — |
| Mar 25 | — |
| Feb 25 | — |
| Jan 25 | — |
| Dec 24 | — |
| Nov 24 | — |
- Leases (12M)
- 103
- New leases
- 68%
- Median rent 3M
- AED 72K
- Rent/sqft 3M
- AED 88
| 1 BR apartments | AED 75K / AED 1.21M | 6.2% |
|---|
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| Studio | 16 | AED 53K | AED 56K | 118 |
| 1 BR | 53 | AED 75K | AED 74K | 88 |
| 2 BR | 12 | AED 118K | AED 115K | 93 |
Competing projects in Business Bay
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Bugatti ResidencesBinghatti | 26 | 5,436 | — |
| DWTN Residences - Downtown ResidencesDeyaar Development | 294 | 2,773 | — |
| Al Habtoor TowerAl Habtoor Group | 177 | 2,661 | — |
| One by BinghattiBinghatti | 172 | 2,205 | up 2.7% |
| Tiger Sky TowerTiger Properties - Tiger Real Estate | 156 | 2,350 | — |
| Volante 2Xtreme Vision | 12 | 3,491 | — |
| Burj Binghatti by Jacob & CoBinghatti | 27 | 3,523 | — |
| Avarra - Business Bay Palace ResidencesEmaar Properties | 59 | 3,460 | — |
| One River PointEllington Properties Development | 79 | 2,714 | — |
| Bayz 102 By DanubeDanube Properties | 93 | 2,955 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 1.21M | 1 BR Apartment · 959 sqftScala Tower (Al Madar Tower) · Business Bay | 10 Aug |
| AED 1.07M | 1 BR Apartment · 965 sqftScala Tower (Al Madar Tower) · Business Bay | 10 Aug |
Questions about Scala Tower (Al Madar Tower)
How many properties were sold in Scala Tower (Al Madar Tower) in the last year?
12 sales worth AED 15.2M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.
What is the average rent in Scala Tower (Al Madar Tower)?
The median annual rent on leases registered in the last three months was AED 72K, and the best gross rental yield is about 6.2%.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
BT AI Market Desk
Get every brief in your inbox
Create a free BT AI account to receive the daily, weekly and monthly reports by email, and search every Dubai Land Department sale and rental behind them.