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1-bed · 519 sqftThe Pad Tower, Business Bay · 10th floor · completed 2020

1008, The Pad Tower

Sold prices and rental history: sold once, by the developer in June 2009, and rented once, from November 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1008 · DLD and Ejari recordsUpdated 7 November 2022
Last soldAED 1.29M1 June 2009
Current rentAED 85K /yr7 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1008, The Pad Tower

What is 1008 worth today?

Last sold for AED 1,290,397 in 2009

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7 Nov 2022RentedNew contract
AED 85,000/yr12 months · AED 165 per sqft
1 Jun 2009Sold by developerOff-plan
AED 1,290,397AED 2,486 per sqft

Source: Dubai Land Department. Updated 7 November 2022.

Key facts

Type
1-bed apartment
Size
519 sqft
Floor
10th of 22
Parking
B2-21
Developer
Pad Properties Nine
Completed
2020
Service charge
AED 9,400 /yr
Last sold
AED 1.29M · June 2009
Building
The Pad Tower

About 1008, The Pad Tower

1008 is a one-bedroom apartment of 519 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 1,290,397, or AED 2,486 per sqft, 13% above the AED 2,191 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 7 November 2022. The current contract, signed on 7 November 2022, is AED 85,000 a year: a gross yield of 6.6% on the 2009 price, before the service charge of about AED 9,400 a year.

Sales and rents for 1008 over time

Sales
Unit 1008, 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 1,290,397 (AED 2,486 per sqft)

1008 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1008, each contractTypical one-bed in The Pad Tower
60K80K100K2021202320252027Typical 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, November 2022: AED 85,000 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 1008 sits

All 200 1-beds →

1008 last sold in June 2009 at AED 2,486 per sqft, 13% 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. 1008's AED 85,000 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
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
1–7 of 10

1008, The Pad Tower in numbers

  • Sold once: by Pad Properties Nine on 1 June 2009 for AED 1,290,397, or AED 2,486 per sqft.
  • Rented since November 2022 on one Ejari contract, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2009 price is 6.6%, before a service charge of about AED 9,400 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 7 November 2022.

Questions about 1008, The Pad Tower

What did unit 1008 last sell for?

AED 1,290,397 on 1 June 2009, sold by the developer: AED 2,486 per sqft for 519 sqft. It is the only registered sale of the unit.

What is the rent for unit 1008?

AED 85,000 a year on the contract signed on 7 November 2022.

How big is unit 1008?

519 sqft (48.2 sqm): a one-bedroom apartment on the 10th floor of a 22-storey tower completed in 2020.

What is unit 1008 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 1008, The Pad Tower

Starts from the last sale price (AED 1.29M, 1 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,290,397
Deposit, UAE resident (20%)
AED 258,079
Deposit, non-resident (40%)
AED 516,159
Monthly over 25 years at 3.7%
AED 5,279

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