1204, The Pad Tower
Sold prices and rental history: sold twice, last in April 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1204, The Pad Tower
What is 1204 worth today?
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Source: Dubai Land Department. Updated 12 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 653 sqft
- Floor
- 12th of 22
- Parking
- B3-58
- Developer
- Pad Properties Nine
- Completed
- 2020
- Service charge
- AED 11,900 /yr
- Last sold
- AED 1.41M · April 2024
- Building
- The Pad Tower
About 1204, The Pad Tower
1204 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 19 April 2024 for AED 1,410,000, or AED 2,158 per sqft, in line with the AED 2,213 one-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 12 August 2024, is AED 90,000 a year: a gross yield of 6.4% on the 2024 price, before the service charge of about AED 11,900 a year.
Sales and rents for 1204 over time
1204 has sold twice; the dashed line is the one-bed median of each year in the building.
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 1204 sits
All 200 1-beds →1204 last sold in April 2024 at AED 2,158 per sqft, in line with what one-beds in The Pad Tower were fetching at the time (AED 2,213). 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. 1204's AED 90,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Sep 20261 September 2026 | 648 sqft | 1,440,000 | 2,220 | ||
| 13 Aug 202613 August 2026 | 654 sqft | 1,450,000 | 2,218 | ||
| 6 Aug 20266 August 2026 | 667 sqft | 20,824 | 31 | ||
| 29 Jul 202629 July 2026 | 663 sqft | 3,418 | 5 |
The Pad Tower
Building242 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%
Other units on the 12th floor
All 242 units in The Pad Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,217 sqft | AED 1.96MAED 1,955,000 · May 2016May 2016 | 190,000 /yr | |
| 1202 | 1-bed | 667 sqft | AED 1.69MAED 1,688,000 · Oct 2025October 2025 | 100,000 /yr | |
| 1203 | 1-bed | 653 sqft | AED 1.59MAED 1,592,916 · Oct 2025October 2025 | 110,000 /yr | |
| 1205 | 1-bed | 653 sqft | AED 1.4MAED 1,404,974 · Oct 2024October 2024 | 70,000 /yr | |
| 1206 | 1-bed | 648 sqft | AED 1.41MAED 1,407,271 · Nov 2017November 2017 | 90,000 /yr | |
| 1207 | 1-bed | 667 sqft | AED 1.55MAED 1,550,000 · Jun 2014June 2014 | 72,804 /yr | |
| 1208 | 1-bed | 520 sqft | AED 1.46MAED 1,460,000 · Mar 2014March 2014 | 60,000 /yr | |
| 1209 | 1-bed | 654 sqft | AED 1.48MAED 1,480,000 · Jan 2026January 2026 | ||
| 1210 | 1-bed | 663 sqft | AED 1.43MAED 1,425,339 · Oct 2024October 2024 | 95,000 /yr | |
| 1211 | 2-bed | 1,216 sqft | AED 2.75MAED 2,750,000 · Jun 2025June 2025 | 210,000 /yr |
1204, The Pad Tower in numbers
- Sold twice: first on 16 May 2019 for AED 1,580,000, last on 19 April 2024 for AED 1,410,000 (AED 2,158 per sqft).
- Rented since June 2021 on 4 Ejari contracts, from AED 55,000 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2024 price is 6.4%, 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 12 August 2024.
Questions about 1204, The Pad Tower
What did unit 1204 last sell for?
AED 1,410,000 on 19 April 2024: AED 2,158 per sqft for 653 sqft. The unit has 2 registered sales; the first was AED 1,580,000 in May 2019.
What is the rent for unit 1204?
AED 90,000 a year on the contract signed on 12 August 2024. The previous contract, from June 2023, was AED 63,000; the unit has been rented since June 2021.
How big is unit 1204?
653 sqft (60.7 sqm): a one-bedroom apartment on the 12th floor of a 22-storey tower completed in 2020.
What is unit 1204 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 1204, The Pad Tower
Starts from the last sale price (AED 1.41M, 19 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,410,000
- Deposit, UAE resident (20%)
- AED 282,000
- Deposit, non-resident (40%)
- AED 564,000
- Monthly over 25 years at 3.7%
- AED 5,769
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →