The Scala Tower, Business Bay

The Scala Tower is a mixed-use building in Business Bay, Dubai, developed by Al Madar. It holds about 213 units: studios, 1-bedroom apartments, 2-bedroom apartments, commercial units.

The building was completed in 2012 and has been in use for about 14 years. 16 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 1,296 per sq ft.

The Scala Tower is one of 257 buildings in Business Bay: 149 are complete and 61 are still being built.

• A mixed-use ready building
• Located in Business Bay, Dubai
• Developed by Al Madar
• Completed in Q1 2012
• Unit types: Studio, 1 Bed, 2 Beds, Commercial
• Sizes from 60 to 2,190 sq ft
• Service charge from AED 14.57 per sq ft
• Burj Khalifa/Dubai Mall metro station 2.4 km away

状态

准备就绪

开发商

Al Madar

位置

迪拜商业湾

已竣工

Q1 2012

单位类型

Studio, 1 Bed, 2 Beds, Commercial

Prices from

AED 432.0K

每 sq ft 价格中位数

AED 1,296

Median gross yield

6.3%

物业服务费

AED 15 per sq ft (2018)

Nearest metro

District 1 near High Speed Rail line, 1 km

Price ranges from the most recent registered sales, by unit type:

• 1-bedroom apartments: AED 1.0M to AED 1.8M (739 to 1,432 sq ft), across 14 sales
• Studios: AED 620.0K to AED 1.1M (400 to 999 sq ft), across 4 sales
• 2-bedroom apartments: AED 1.6M to AED 2.1M (1,266 to 1,274 sq ft), across 2 sales

1-bedroom homes in The Scala Tower were let for AED 70.0K to AED 80.0K a year across 4 recent contracts, with a median of AED 71.0K.

Yearly rents from recent registered contracts, by unit type:

• 1-bedroom apartments: AED 70.0K to AED 80.0K a year (743 to 959 sq ft), across 4 contracts
• Studios: AED 55.0K to AED 55.0K a year (398 to 484 sq ft), across 2 contracts
• 2-bedroom apartments: AED 120.0K a year (1,266 sq ft)

Every sale in The Scala TowerEvery rent contract in The Scala Tower

The 2018 service charge in The Scala Tower is AED 15 per sq ft for homes, AED 14.57 per sq ft for shops. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department.

Source: Dubai Land Department service charge index. Rates are reviewed each year.

The nearest Dubai Metro station from The Scala Tower is Burj Khalifa/Dubai Mall (red line, 2.4 km, about 7 min drive), then Business Bay (red line, 2.6 km, about 7 min drive). Stations planned on new lines nearby include District 1 near High Speed Rail line (golden line, 1 km, about 12 min walk) and Burj Khalifa Road (golden line, 1.5 km, about 5 min drive). Most residents will drive or take a taxi to the metro.

• District 1 near High Speed Rail lineGolden line · 1 km · about 12 min walk
• Burj Khalifa RoadGolden line · 1.5 km · about 5 min drive
• Burj Khalifa/Dubai MallRed line · 2.4 km · about 7 min drive
• Business Bay InterchangeGolden line · 2.6 km · about 7 min drive
• 商业湾Red line · 2.6 km · about 7 min drive
• District 1Golden line · 2.7 km · about 7 min drive

The closest is Spinneys / south bridge downtowne Dubai, 0.9 km from The Scala Tower (about 11 min walk).

• Spinneys / south bridge downtowne DubaiSupermarket · 0.9 km · about 11 min walk
• Dubai MallShopping Mall · 1.5 km · about 5 min drive
• Spinneys / EMAAR Boulevard, Downtown DubaiSupermarket · 1.5 km · about 5 min drive
• Al Maya / 8 Boulevard Walk, Downtown DubaiSupermarket · 1.7 km · about 5 min drive
• Choitram, The Executive TowersSupermarket · 2.1 km · about 6 min drive

The closest is Al Manzil Hotel, 1.1 km from The Scala Tower (about 13 min walk).

• Al Manzil HotelHotel · 1.1 km · about 13 min walk
• Radisson Blu Hotel, Dubai DowntownHotel · 1.1 km · about 13 min walk
• The Address HotelHotel · 1.3 km · about 5 min drive
• Vida Hotels and ResortsHotel · 1.3 km · about 5 min drive
• Qamardeen HotelHotel · 1.6 km · about 5 min drive

The closest is Al Amal Hospital, 3.5 km from The Scala Tower (about 9 min drive).

• Al Amal HospitalHospital · 3.5 km · about 9 min drive
• Medcare HospitalHospital · 4.3 km · about 11 min drive
• Internationl Medical CenterHospital · 4.9 km · about 12 min drive
• Emirates HospitalHospital · 5 km · about 12 min drive
• Manchester ClinicHospital · 5.3 km · about 13 min drive

The closest is Al Quoz Pond Park, 2.9 km from The Scala Tower (about 8 min drive).

• Al Quoz Pond ParkPark · 2.9 km · about 8 min drive
• Dubai Bowling CentreSports Academy · 3.2 km · about 8 min drive
• Meydan TheatreTheatre House · 3.5 km · about 9 min drive
• Meydan Grandstand and RacecourseStadium · 3.5 km · about 9 min drive
• Falcon Heritage and Sports CentreSports Academy · 3.7 km · about 9 min drive

The nearest is Hartland International School - FZ, 2.2 km away. Ratings are the KHDA's latest inspection grades.

• Hartland International School - FZUK - International Baccalaureate - UK/IB · KHDA: Very good · 2.2 km
• North London Collegiate School Middle East L.L.C - FZInternational Baccalaureate · KHDA: Very good · 2.2 km
• Jebel Ali School (Br of Taaleem Management (L L C))UK · KHDA: Very good · 2.7 km
• Dubai International Private School - BrAmerican · KHDA: Good · 2.9 km
• GEMS Our Own Indian SchoolIndian · KHDA: Very good · 2.9 km
• Global Indian International School L.L.CIndian · KHDA: Good · 3 km

Business Bay has 257 buildings. A few others to compare The Scala Tower with:

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