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1-bed · 653 sqftThe Pad Tower, Business Bay · 16th floor · completed 2020

1604, The Pad Tower

Sold prices and rental history: sold 4 times, last in March 2023, and rented once, from September 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1604 · DLD and Ejari recordsUpdated 18 September 2026
Last soldAED 1.23M6 March 2023
Current rentAED 78K /yr18 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1604, The Pad Tower

What is 1604 worth today?

Last sold for AED 1,225,000 in 2023

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18 Sep 2026RentedNew contract
AED 78,000/yr12 months · AED 121 per sqft
6 Mar 2023SoldReady
AED 1,225,000AED 1,874 per sqft
19 Apr 2021SoldReady
AED 800,000AED 1,224 per sqft
1 Mar 2020SoldOff-plan
AED 670,000AED 1,025 per sqft
1 Jun 2009Sold by developerOff-plan
AED 1,470,471AED 2,250 per sqft

Source: Dubai Land Department. Updated 18 September 2026.

Key facts

Type
1-bed apartment
Size
653 sqft
Floor
16th of 22
Parking
B2-54
Developer
Pad Properties Nine
Completed
2020
Service charge
AED 11,900 /yr
Last sold
AED 1.23M · March 2023
Building
The Pad Tower

About 1604, The Pad Tower

1604 is a one-bedroom apartment of 653 sqft on the 16th floor of The Pad Tower, a 22-storey tower in Business Bay completed in 2020 by Pad Properties Nine. It last sold on 6 March 2023 for AED 1,225,000, or AED 1,874 per sqft, 22% above the AED 1,530 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 18 September 2026. The current contract, signed on 18 September 2026, is AED 78,000 a year: a gross yield of 6.4% on the 2023 price, before the service charge of about AED 11,900 a year.

Sales and rents for 1604 over time

Sales
Unit 1604, each saleTypical one-bed in The Pad Tower
500K1M1.5M2009201420192024Typical 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 1,470,471 (AED 2,250 per sqft)Sold, March 2020: AED 670,000 (AED 1,025 per sqft)Sold, April 2021: AED 800,000 (AED 1,224 per sqft)Sold, March 2023: AED 1,225,000 (AED 1,874 per sqft)

1604 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1604, 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 2026: AED 78,000 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 1604 sits

All 200 1-beds →

1604 last sold in March 2023 at AED 1,874 per sqft, 22% above what one-beds in The Pad Tower were fetching at the time (AED 1,530). 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. 1604's AED 78,000 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 16th floor

All 242 units in The Pad Tower
Value
16012-bedAED 3.29M · May 2023
16021-bedAED 1.44M · Mar 2016
16031-bedAED 1.65M · Nov 2025
16051-bedAED 1.05M · Oct 2021
16061-bedAED 483K · Jul 2021
16071-bedAED 1.2M · Aug 2022
16081-bedAED 1M · Aug 2022
1–7 of 10

1604, The Pad Tower in numbers

  • Sold 4 times: first on 1 June 2009 for AED 1,470,471, last on 6 March 2023 for AED 1,225,000 (AED 1,874 per sqft).
  • Rented since September 2026 on one Ejari contract, at AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2023 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 18 September 2026.

Questions about 1604, The Pad Tower

What did unit 1604 last sell for?

AED 1,225,000 on 6 March 2023: AED 1,874 per sqft for 653 sqft. The unit has 4 registered sales; the first was AED 1,470,471 in June 2009.

What is the rent for unit 1604?

AED 78,000 a year on the contract signed on 18 September 2026.

How big is unit 1604?

653 sqft (60.7 sqm): a one-bedroom apartment on the 16th floor of a 22-storey tower completed in 2020.

What is unit 1604 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 1604, The Pad Tower

Starts from the last sale price (AED 1.23M, 6 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,225,000
Deposit, UAE resident (20%)
AED 245,000
Deposit, non-resident (40%)
AED 490,000
Monthly over 25 years at 3.7%
AED 5,012

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