1-bed · 653 sqftThe Pad Tower, Business Bay · 10th floor · completed 2020

1003, The Pad Tower

Sold prices and rental history: sold twice, last in June 2016, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1003 · DLD and Ejari recordsUpdated 3 September 2026
Last soldAED 980K19 June 2016
Current rentAED 90K /yr3 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1003, The Pad Tower

What is 1003 worth today?

Last sold for AED 980,000 in 2016

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3 Sep 2026RentedNew contract
AED 90,000/yr12 months · AED 137 per sqft
7 Dec 2024RentedRenewal
AED 105,000/yr12 months · AED 161 per sqft
6 Dec 2022RentedNew contract
AED 114,385/yr12 months · AED 177 per sqft
19 Jun 2016SoldOff-plan
AED 980,000AED 1,499 per sqft
1 Jun 2009Sold by developerOff-plan
AED 1,846,638AED 2,826 per sqft

Source: Dubai Land Department. Updated 3 September 2026.

Key facts

Type
1-bed apartment
Size
653 sqft
Floor
10th of 22
Parking
B3-20
Developer
Pad Properties Nine
Completed
2020
Service charge
AED 11,900 /yr
Last sold
AED 980K · June 2016

About 1003, The Pad Tower

1003 is a one-bedroom apartment of 653 sqft on the 10th floor of The Pad Tower, a 22-storey tower in Business Bay completed in 2020 by Pad Properties Nine. It last sold on 19 June 2016 for AED 980,000, or AED 1,499 per sqft, 14% below the AED 1,737 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 3 September 2026, is AED 90,000 a year: a gross yield of 9.2% on the 2016 price, before the service charge of about AED 11,900 a year.

Sales and rents for 1003 over time

Sales
Unit 1003, each saleTypical one-bed in The Pad Tower
1M1.5M2M2009201420192024Typical 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 1,846,638 (AED 2,826 per sqft)Sold, June 2016: AED 980,000 (AED 1,499 per sqft)

1003 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1003, each contractTypical one-bed in The Pad Tower
75K100K2021202320252027Typical 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, December 2022: AED 114,385 a yearRenewal, December 2024: AED 105,000 a yearNew contract, September 2026: AED 90,000 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 1003 sits

All 200 1-beds →

1003 last sold in June 2016 at AED 1,499 per sqft, 14% below what one-beds in The Pad Tower were fetching at the time (AED 1,737). 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. 1003's AED 90,000 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
10021-bedAED 1.81M · Jun 2009
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

1003, The Pad Tower in numbers

  • Sold twice: first on 1 June 2009 for AED 1,846,638, last on 19 June 2016 for AED 980,000 (AED 1,499 per sqft).
  • Rented since December 2022 on 3 Ejari contracts, from AED 114,385 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2016 price is 9.2%, before a service charge of about AED 11,900 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 3 September 2026.

Questions about 1003, The Pad Tower

What did unit 1003 last sell for?

AED 980,000 on 19 June 2016: AED 1,499 per sqft for 653 sqft. The unit has 2 registered sales; the first was AED 1,846,638 in June 2009.

What is the rent for unit 1003?

AED 90,000 a year on the contract signed on 3 September 2026. The previous contract, from December 2024, was AED 105,000; the unit has been rented since December 2022.

How big is unit 1003?

653 sqft (60.7 sqm): a one-bedroom apartment on the 10th floor of a 22-storey tower completed in 2020.

What is unit 1003 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 1003, The Pad Tower

Starts from the last sale price (AED 980K, 19 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 980,000
Deposit, UAE resident (20%)
AED 196,000
Deposit, non-resident (40%)
AED 392,000
Monthly over 25 years at 3.7%
AED 4,009

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