1208, The Pad Tower
Sold prices and rental history: sold once, by the developer in March 2014, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1208, The Pad Tower
What is 1208 worth today?
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Source: Dubai Land Department. Updated 15 June 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 520 sqft
- Floor
- 12th of 22
- Parking
- B3-55
- Developer
- Pad Properties Nine
- Completed
- 2020
- Service charge
- AED 9,400 /yr
- Last sold
- AED 1.46M · March 2014
- Building
- The Pad Tower
About 1208, The Pad Tower
1208 is a one-bedroom apartment of 520 sqft on the 12th floor of The Pad Tower, a 22-storey tower in Business Bay completed in 2020 by Pad Properties Nine. The developer sold it on 9 March 2014 for AED 1,460,000, or AED 2,807 per sqft, 12% above the AED 2,505 one-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 15 June 2026, is AED 60,000 a year: a gross yield of 4.1% on the 2014 price, before the service charge of about AED 9,400 a year.
Sales and rents for 1208 over time
1208 has sold once; 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 1208 sits
All 200 1-beds →1208 last sold in March 2014 at AED 2,807 per sqft, 12% above what one-beds in The Pad Tower were fetching at the time (AED 2,505). 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. 1208's AED 60,000 is at the bottom 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 | |
| 1204 | 1-bed | 653 sqft | AED 1.41MAED 1,410,000 · Apr 2024April 2024 | 90,000 /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 | |
| 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 |
1208, The Pad Tower in numbers
- Sold once: by Pad Properties Nine on 9 March 2014 for AED 1,460,000, or AED 2,807 per sqft.
- Rented since September 2022 on 4 Ejari contracts, from AED 85,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2014 price is 4.1%, 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 15 June 2026.
Questions about 1208, The Pad Tower
What did unit 1208 last sell for?
AED 1,460,000 on 9 March 2014, sold by the developer: AED 2,807 per sqft for 520 sqft. It is the only registered sale of the unit.
What is the rent for unit 1208?
AED 60,000 a year on the contract signed on 15 June 2026. The previous contract, from February 2025, was AED 95,000; the unit has been rented since September 2022.
How big is unit 1208?
520 sqft (48.3 sqm): a one-bedroom apartment on the 12th floor of a 22-storey tower completed in 2020.
What is unit 1208 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 1208, The Pad Tower
Starts from the last sale price (AED 1.46M, 9 March 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,460,000
- Deposit, UAE resident (20%)
- AED 292,000
- Deposit, non-resident (40%)
- AED 584,000
- Monthly over 25 years at 3.7%
- AED 5,973
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →