1-bed · 653 sqftThe Pad Tower, Business Bay · 12th floor · completed 2020

1203, The Pad Tower

Sold prices and rental history: sold 3 times, last in October 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 9 February 2026
Last soldAED 1.59M10 October 2025
Current rentAED 110K /yr9 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1203, The Pad Tower

What is 1203 worth today?

Last sold for AED 1,592,916 in 2025

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9 Feb 2026RentedNew contract
AED 110,000/yr12 months · AED 168 per sqft
10 Oct 2025SoldReady
AED 1,592,916AED 2,438 per sqft
31 Oct 2024SoldReady
AED 1,404,743AED 2,149 per sqft
25 Jan 2024RentedNew contract
AED 81,000/yr12 months · AED 124 per sqft
1 Feb 2022RentedNew contract
AED 70,000/yr12 months · AED 107 per sqft
20 Dec 2018Sold by developerOff-plan
AED 1,372,077AED 2,099 per sqft

Source: Dubai Land Department. Updated 9 February 2026.

Key facts

Type
1-bed apartment
Size
653 sqft
Floor
12th of 22
Parking
B2-59
Developer
Pad Properties Nine
Completed
2020
Service charge
AED 11,900 /yr
Last sold
AED 1.59M · October 2025

About 1203, The Pad Tower

1203 is a one-bedroom apartment of 653 sqft on the 12th 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 2025 for AED 1,592,916, or AED 2,438 per sqft, 13% above the AED 2,149 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 9 February 2026, is AED 110,000 a year: a gross yield of 6.9% on the 2025 price, before the service charge of about AED 11,900 a year.

Sales and rents for 1203 over time

Sales
Unit 1203, 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, December 2018: AED 1,372,077 (AED 2,099 per sqft)Sold, October 2024: AED 1,404,743 (AED 2,149 per sqft)Sold, October 2025: AED 1,592,916 (AED 2,438 per sqft)

1203 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1203, 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, February 2022: AED 70,000 a yearNew contract, January 2024: AED 81,000 a yearNew contract, February 2026: AED 110,000 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 1203 sits

All 200 1-beds →

1203 last sold in October 2025 at AED 2,438 per sqft, 13% above what one-beds in The Pad Tower were fetching at the time (AED 2,149). 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. 1203's AED 110,000 is in the upper 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 12th floor

All 242 units in The Pad Tower
Value
12012-bedAED 1.96M · May 2016
12021-bedAED 1.69M · Oct 2025
12041-bedAED 1.41M · Apr 2024
12051-bedAED 1.4M · Oct 2024
12061-bedAED 1.41M · Nov 2017
12071-bedAED 1.55M · Jun 2014
12081-bedAED 1.46M · Mar 2014
1–7 of 10

1203, The Pad Tower in numbers

  • Sold 3 times: first on 20 December 2018 for AED 1,372,077, last on 10 October 2025 for AED 1,592,916 (AED 2,438 per sqft).
  • Rented since February 2022 on 3 Ejari contracts, from AED 70,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2025 price is 6.9%, 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 9 February 2026.

Questions about 1203, The Pad Tower

What did unit 1203 last sell for?

AED 1,592,916 on 10 October 2025: AED 2,438 per sqft for 653 sqft. The unit has 3 registered sales; the first was AED 1,372,077 in December 2018.

What is the rent for unit 1203?

AED 110,000 a year on the contract signed on 9 February 2026. The previous contract, from January 2024, was AED 81,000; the unit has been rented since February 2022.

How big is unit 1203?

653 sqft (60.7 sqm): a one-bedroom apartment on the 12th floor of a 22-storey tower completed in 2020.

What is unit 1203 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 1203, The Pad Tower

Starts from the last sale price (AED 1.59M, 10 October 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,592,916
Deposit, UAE resident (20%)
AED 318,583
Deposit, non-resident (40%)
AED 637,166
Monthly over 25 years at 3.7%
AED 6,517

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