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

103, The Pad Tower

Sold prices and rental history: sold twice, last in October 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 10 October 2023
Last soldAED 1.86M10 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, The Pad Tower

What is 103 worth today?

Last sold for AED 1,858,260 in 2023

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10 Oct 2023SoldReady
AED 1,858,260AED 2,844 per sqft
23 Feb 2023Sold by developerReady
AED 783,600AED 1,199 per sqft

Source: Dubai Land Department. Updated 10 October 2023.

Key facts

Type
1-bed apartment
Size
653 sqft
Floor
1st of 22
Parking
B2-42
Developer
Pad Properties Nine
Completed
2020
Service charge
AED 11,900 /yr
Last sold
AED 1.86M · October 2023

About 103, The Pad Tower

103 is a one-bedroom apartment of 653 sqft on the 1st floor of The Pad Tower, a 22-storey tower in Business Bay completed in 2020 by Pad Properties Nine. It last sold on 10 October 2023 for AED 1,858,260, or AED 2,844 per sqft, 58% above the AED 1,797 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 103 over time

Sales
Unit 103, 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, February 2023: AED 783,600 (AED 1,199 per sqft)Sold, October 2023: AED 1,858,260 (AED 2,844 per sqft)

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

Rents
Unit 103, 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 90,000

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 103 sits

All 200 1-beds →

103 last sold in October 2023 at AED 2,844 per sqft, 58% above what one-beds in The Pad Tower were fetching at the time (AED 1,797). 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.

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 1st floor

All 242 units in The Pad Tower
Value
1012-bedAED 3.45M · Oct 2016
1021-bedAED 1.45M · Jun 2009
1041-bedAED 1.5M · Dec 2023
1051-bedAED 1.77M · Feb 2024
1061-bedAED 1.13M · Dec 2017
1071-bedAED 1.33M · Jun 2009
1081-bedAED 1.39M · Jun 2009
1–7 of 10

103, The Pad Tower in numbers

  • Sold twice: first on 23 February 2023 for AED 783,600, last on 10 October 2023 for AED 1,858,260 (AED 2,844 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 10 October 2023.

Questions about 103, The Pad Tower

What did unit 103 last sell for?

AED 1,858,260 on 10 October 2023: AED 2,844 per sqft for 653 sqft. The unit has 2 registered sales; the first was AED 783,600 in February 2023.

How big is unit 103?

653 sqft (60.7 sqm): a one-bedroom apartment on the 1st floor of a 22-storey tower completed in 2020.

What is unit 103 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 103, The Pad Tower

Starts from the last sale price (AED 1.86M, 10 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,858,260
Deposit, UAE resident (20%)
AED 371,652
Deposit, non-resident (40%)
AED 743,304
Monthly over 25 years at 3.7%
AED 7,603

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