Al Madar Scala Tower — project image
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Al Madar Scala Tower

From AED 1.19M·Completed Jan 2010·Developer payment plan available Payment
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AED 1.19M
Starting Price
Jan 2010
Handover
Developer payment plan available
Payment Plan
Studio · Apartments
Type

Project Overview

Al Madar Scala Tower is a residential complex from the developer Al Madar Investment, located in the prestigious Business Bay area and is a modern skyscraper that perfectly combines elegance and functionality. The building's configuration includes 22 residential levels. The exterior of Al Madar Scala Tower is distinguished by its exquisite design. Elegant lines and modern materials create a memorable silhouette that harmoniously fits into the dynamic landscape of Business Bay. The complex features studios and apartments with 1-2 bedrooms, which are designed with maximum comfort in mind. Thoughtful layouts provide functional zoning, and panoramic windows offer spectacular views of the city. Residents of Al Madar Scala Tower are offered a range of first-class amenities, including a magnificent swimming pool, a state-of-the-art fitness center, recreation areas and 24-hour security. These facilities create ideal conditions for an active lifestyle and complete relaxation. The location of Al Madar Scala Tower provides easy access to key attractions and transportation hubs. The Dubai Mall is located in the immediate vicinity, about a 13—minute drive away, Palm Jumeirah can be reached in 21 minutes, The Burj Al Arab Hotel in 20 minutes, and The Walk JBR Mall in 25 minutes. The location offers a wide range of restaurants, shops, and entertainment options.

Project Specifications
DeveloperAl Madar Investment
LocationBusiness Bay
Unit TypesStudio, Apartments
AreaBusiness Bay
OwnershipFreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 51,349 / year
Cash-on-Cash
2.2%
Levered cashflow AED 12,079
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 547,400 / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

Al Madar Scala Tower — View 2
Al Madar Scala Tower — View 3
Al Madar Scala Tower — View 4
Al Madar Scala Tower — View 5
Al Madar Scala Tower — View 6
Al Madar Scala Tower — View 7

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Official Documents

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Payment Structure

Developer payment plan available

Published payment summary

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Amenities & Lifestyle

BBQ
Central A/C
Children’s pool
Concierge Service
Covered Parking
Dining outlets (coffee houses & restaurants)
Kids Play Area
Lift
Lobby
Pets Allowed
Recreational areas
Retail outlets
Sauna
Security and CCTV
Shared Jacuzzi
Shared Pool
Shared gym & fitness
Social zone

Location

Business Bay

Nearby Destinations

Business Bay

Developer and Project Facts

01

Al Madar Scala Tower by Al Madar Investment

02

Located in Business Bay

03

Starting from AED 1,190,000

04

Unit mix includes Studio, Apartments

05

Expected handover: Jan 2010

06

Official render/gallery images available

Available for Resale

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RERA Registered
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Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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