1-bed · 667 sqftThe Pad Tower, Business Bay · 10th floor · completed 2020

1002, The Pad Tower

Sold prices and rental history: sold once, by the developer in June 2009, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1002 · DLD and Ejari recordsUpdated 24 January 2025
Last soldAED 1.81M1 June 2009
Current rentAED 105K /yr24 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1002, The Pad Tower

What is 1002 worth today?

Last sold for AED 1,813,509 in 2009

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24 Jan 2025RentedNew contract
AED 105,000/yr12 months · AED 157 per sqft
25 Nov 2023RentedRenewal
AED 95,000/yr12 months · AED 142 per sqft
25 Nov 2022RentedNew contract
AED 95,000/yr12 months · AED 142 per sqft
10 May 2022RentedNew contract
AED 60,500/yr6 months · AED 91 per sqft
10 May 2021RentedNew contract
AED 55,000/yr12 months · AED 82 per sqft
1 Jun 2009Sold by developerOff-plan
AED 1,813,509AED 2,719 per sqft

Source: Dubai Land Department. Updated 24 January 2025.

Key facts

Type
1-bed apartment
Size
667 sqft
Floor
10th of 22
Parking
B3-21
Developer
Pad Properties Nine
Completed
2020
Service charge
AED 12,100 /yr
Last sold
AED 1.81M · June 2009

About 1002, The Pad Tower

1002 is a one-bedroom apartment of 667 sqft on the 10th floor of The Pad Tower, a 22-storey tower in Business Bay completed in 2020 by Pad Properties Nine. The developer sold it on 1 June 2009 for AED 1,813,509, or AED 2,719 per sqft, 24% above the AED 2,191 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 24 January 2025, is AED 105,000 a year: a gross yield of 5.8% on the 2009 price, before the service charge of about AED 12,100 a year.

Sales and rents for 1002 over time

Sales
Unit 1002, each saleTypical one-bed in The Pad Tower
1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,432,072; 2014 AED 1,645,984; 2016 AED 1,504,800; 2017 AED 1,204,471; 2018 AED 1,372,413; 2019 AED 1,392,192; 2021 AED 800,000; 2022 AED 975,000; 2023 AED 1,400,000; 2024 AED 1,410,000; 2025 AED 1,540,000; 2026 AED 1,520,000Sold by developer, June 2009: AED 1,813,509 (AED 2,719 per sqft)

1002 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1002, each contractTypical one-bed in The Pad Tower
50K75K100K2021202320252027Typical rent by year: 2021 AED 65,000; 2022 AED 81,500; 2023 AED 90,000; 2024 AED 100,000; 2025 AED 100,000; 2026 AED 90,000New contract, May 2021: AED 55,000 a yearNew contract, May 2022: AED 60,500 a yearNew contract, November 2022: AED 95,000 a yearRenewal, November 2023: AED 95,000 a yearNew contract, January 2025: AED 105,000 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 The Pad Tower, and where 1002 sits

All 200 1-beds →

1002 last sold in June 2009 at AED 2,719 per sqft, 24% above what one-beds in The Pad Tower were fetching at the time (AED 2,191). Over the last 12 months one-beds sold for AED 1,350,000 to 2,550,000, around AED 2,387 per sqft, and rent for AED 60,000 to 160,000 a year. 1002's AED 105,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
1 Sep 20261,440,000
13 Aug 20261,450,000
6 Aug 202620,824
29 Jul 20263,418
25 1-bed sales in the last 12 months

The Pad Tower

Building

242 apartments, 1-bed to 3-bed over 22 floors in Business Bay, completed in 2020 by Pad Properties Nine. 29 sold in the last 12 months.

Typical price per sqft
AED 2,387 Up 4.5%
Typical sale
AED 1.56M
Typical rent
AED 95K /yr
Typical yield
5.8%
The Pad Tower, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 242 units in The Pad Tower
Value
10012-bedAED 2.95M · Dec 2025
10031-bedAED 980K · Jun 2016
10041-bedAED 1.52M · Feb 2025
10051-bedAED 1.85M · Jun 2009
10061-bedAED 1.56M · Jan 2026
10071-bedAED 1.38M · Jun 2009
10081-bedAED 1.29M · Jun 2009
1–7 of 10

1002, The Pad Tower in numbers

  • Sold once: by Pad Properties Nine on 1 June 2009 for AED 1,813,509, or AED 2,719 per sqft.
  • Rented since May 2021 on 5 Ejari contracts, from AED 55,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2009 price is 5.8%, before a service charge of about AED 12,100 a year (AED 18.16 per sqft).
  • One-beds in The Pad Tower sold for AED 1,350,000–2,550,000 in the 12 months to November 2026; the building's median across all types is AED 2,387 per sqft.

Source: Dubai Land Department. Updated 24 January 2025.

Questions about 1002, The Pad Tower

What did unit 1002 last sell for?

AED 1,813,509 on 1 June 2009, sold by the developer: AED 2,719 per sqft for 667 sqft. It is the only registered sale of the unit.

What is the rent for unit 1002?

AED 105,000 a year on the contract signed on 24 January 2025. The previous contract, from November 2023, was AED 95,000; the unit has been rented since May 2021.

How big is unit 1002?

667 sqft (62.0 sqm): a one-bedroom apartment on the 10th floor of a 22-storey tower completed in 2020.

What is unit 1002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Pad Tower sold for AED 1,350,000 to 2,550,000 in the last 12 months, around AED 2,387 per sqft.

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Mortgage on 1002, The Pad Tower

Starts from the last sale price (AED 1.81M, 1 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,813,509
Deposit, UAE resident (20%)
AED 362,702
Deposit, non-resident (40%)
AED 725,404
Monthly over 25 years at 3.7%
AED 7,420

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →