1-bed · 667 sqftThe Pad Tower, Business Bay · 15th floor · completed 2020

1502, The Pad Tower

Sold prices and rental history: sold 7 times, last in August 2026, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1502 · DLD and Ejari recordsUpdated 6 August 2026
Last soldAED 21K6 August 2026
Current rentAED 100K /yr31 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1502, The Pad Tower

What is 1502 worth today?

Last sold for AED 20,824 in 2026

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6 Aug 2026SoldReady · flagged as an outlier
AED 20,824AED 31 per sqft
30 Dec 2025SoldReady · flagged as an outlier
AED 31,320AED 46 per sqft
31 Jul 2025RentedNew contract
AED 100,000/yr12 months · AED 150 per sqft
25 Jun 2025SoldReady · flagged as an outlier
AED 70,269AED 105 per sqft
7 Jan 2025SoldReady · flagged as an outlier
AED 68,697AED 103 per sqft
27 Sep 2024RentedNew contract
AED 105,000/yr12 months · AED 157 per sqft
23 Aug 2023SoldReady
AED 1,547,492AED 2,320 per sqft
30 May 2022SoldReady
AED 800,000AED 1,199 per sqft

Source: Dubai Land Department. Updated 6 August 2026.

Key facts

Type
1-bed apartment
Size
667 sqft
Floor
15th of 22
Parking
B3-16
Developer
Pad Properties Nine
Completed
2020
Service charge
AED 12,100 /yr
Last sold
AED 21K · August 2026

About 1502, The Pad Tower

1502 is a one-bedroom apartment of 667 sqft on the 15th floor of The Pad Tower, a 22-storey tower in Business Bay completed in 2020 by Pad Properties Nine. It last sold on 6 August 2026 for AED 20,824, or AED 31 per sqft, 99% below the AED 2,400 one-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 31 July 2025, is AED 100,000 a year: a gross yield of 480.2% on the 2026 price, before the service charge of about AED 12,100 a year.

Sales and rents for 1502 over time

Sales
Unit 1502, 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, June 2009: AED 1,813,509 (AED 2,719 per sqft)Sold, May 2022: AED 800,000 (AED 1,199 per sqft)Sold, August 2023: AED 1,547,492 (AED 2,320 per sqft)

1502 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1502, 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, September 2024: AED 105,000 a yearNew contract, July 2025: AED 100,000 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 1502 sits

All 200 1-beds →

1502 last sold in August 2026 at AED 31 per sqft, 99% below what one-beds in The Pad Tower were fetching at the time (AED 2,400). 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. 1502's AED 100,000 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
29 Jul 20263,418
1 Jul 20261,560,000
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 15th floor

All 242 units in The Pad Tower
Value
15012-bedAED 3.29M · May 2023
15031-bedAED 1.85M · Jun 2009
15041-bedAED 1.61M · Jun 2016
15051-bedAED 1.57M · Feb 2023
15061-bedAED 1.5M · Feb 2025
15071-bedAED 1.45M · Jun 2009
15081-bedAED 1.3M · Nov 2024
1–7 of 10

1502, The Pad Tower in numbers

  • Sold 7 times: first on 1 June 2009 for AED 1,813,509, last on 6 August 2026 for AED 20,824 (AED 31 per sqft).
  • Rented since September 2024 on 2 Ejari contracts, from AED 105,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2026 price is 480.2%, before a service charge of about AED 12,100 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 6 August 2026.

Questions about 1502, The Pad Tower

What did unit 1502 last sell for?

AED 20,824 on 6 August 2026: AED 31 per sqft for 667 sqft. The unit has 7 registered sales; the first was AED 1,813,509 in June 2009.

What is the rent for unit 1502?

AED 100,000 a year on the contract signed on 31 July 2025. The previous contract, from September 2024, was AED 105,000.

How big is unit 1502?

667 sqft (62.0 sqm): a one-bedroom apartment on the 15th floor of a 22-storey tower completed in 2020.

What is unit 1502 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 1502, The Pad Tower

Starts from the last sale price (AED 21K, 6 August 2026). Switch to today's estimate once you have unlocked it.
Price
AED 20,824
Deposit, UAE resident (20%)
AED 4,165
Deposit, non-resident (40%)
AED 8,330
Monthly over 25 years at 3.7%
AED 85

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