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

1205, The Pad Tower

Sold prices and rental history: sold twice, last in October 2024, and rented once, from December 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1205 · DLD and Ejari recordsUpdated 31 October 2024
Last soldAED 1.4M31 October 2024
Current rentAED 70K /yr5 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1205, The Pad Tower

What is 1205 worth today?

Last sold for AED 1,404,974 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

31 Oct 2024SoldReady
AED 1,404,974AED 2,149 per sqft
5 Dec 2021RentedNew contract
AED 70,000/yr12 months · AED 107 per sqft
12 Nov 2018Sold by developerOff-plan
AED 1,372,300AED 2,099 per sqft

Source: Dubai Land Department. Updated 31 October 2024.

Key facts

Type
1-bed apartment
Size
653 sqft
Floor
12th of 22
Parking
B3-54
Developer
Pad Properties Nine
Completed
2020
Service charge
AED 11,900 /yr
Last sold
AED 1.4M · October 2024

About 1205, The Pad Tower

1205 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 31 October 2024 for AED 1,404,974, or AED 2,149 per sqft, in line with the AED 2,149 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 December 2021. The current contract, signed on 5 December 2021, is AED 70,000 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 11,900 a year.

Sales and rents for 1205 over time

Sales
Unit 1205, 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, November 2018: AED 1,372,300 (AED 2,099 per sqft)Sold, October 2024: AED 1,404,974 (AED 2,149 per sqft)

1205 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1205, 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, December 2021: AED 70,000 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 1205 sits

All 200 1-beds →

1205 last sold in October 2024 at AED 2,149 per sqft, in line with 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. 1205's AED 70,000 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 12th floor

All 242 units in The Pad Tower
Value
12012-bedAED 1.96M · May 2016
12021-bedAED 1.69M · Oct 2025
12031-bedAED 1.59M · Oct 2025
12041-bedAED 1.41M · Apr 2024
12061-bedAED 1.41M · Nov 2017
12071-bedAED 1.55M · Jun 2014
12081-bedAED 1.46M · Mar 2014
1–7 of 10

1205, The Pad Tower in numbers

  • Sold twice: first on 12 November 2018 for AED 1,372,300, last on 31 October 2024 for AED 1,404,974 (AED 2,149 per sqft).
  • Rented since December 2021 on one Ejari contract, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2024 price is 5.0%, 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 31 October 2024.

Questions about 1205, The Pad Tower

What did unit 1205 last sell for?

AED 1,404,974 on 31 October 2024: AED 2,149 per sqft for 653 sqft. The unit has 2 registered sales; the first was AED 1,372,300 in November 2018.

What is the rent for unit 1205?

AED 70,000 a year on the contract signed on 5 December 2021.

How big is unit 1205?

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

What is unit 1205 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.

Selling 1205? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1205, The Pad Tower

Starts from the last sale price (AED 1.4M, 31 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,404,974
Deposit, UAE resident (20%)
AED 280,995
Deposit, non-resident (40%)
AED 561,990
Monthly over 25 years at 3.7%
AED 5,748

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