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

1605, The Pad Tower

Sold prices and rental history: sold 3 times, last in October 2021, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1605 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 1.05M13 October 2021
Current rentAED 90K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1605, The Pad Tower

What is 1605 worth today?

Last sold for AED 1,050,000 in 2021

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1 Aug 2026RentedNew contract
AED 90,000/yr12 months · AED 138 per sqft
26 Jul 2025RentedNew contract
AED 89,250/yr12 months · AED 137 per sqft
1 Aug 2024RentedNew contract
AED 85,000/yr12 months · AED 130 per sqft
15 Jul 2024RentedNew contract
AED 84,000/yr12 months · AED 129 per sqft
8 Apr 2023RentedRenewal
AED 68,000/yr12 months · AED 104 per sqft
8 Apr 2022RentedNew contract
AED 65,000/yr12 months · AED 99 per sqft
13 Oct 2021SoldReady
AED 1,050,000AED 1,606 per sqft
5 May 2021RentedNew contract
AED 58,000/yr12 months · AED 89 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
1-bed apartment
Size
653 sqft
Floor
16th of 22
Parking
B2-55
Developer
Pad Properties Nine
Completed
2020
Service charge
AED 11,900 /yr
Last sold
AED 1.05M · October 2021

About 1605, The Pad Tower

1605 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 13 October 2021 for AED 1,050,000, or AED 1,606 per sqft, 31% above the AED 1,224 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, signed on 1 August 2026, is AED 90,000 a year: a gross yield of 8.6% on the 2021 price, before the service charge of about AED 11,900 a year.

Sales and rents for 1605 over time

Sales
Unit 1605, 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, February 2012: AED 667,617 (AED 1,021 per sqft)Sold, October 2021: AED 1,050,000 (AED 1,606 per sqft)

1605 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1605, 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, May 2021: AED 58,000 a yearNew contract, April 2022: AED 65,000 a yearRenewal, April 2023: AED 68,000 a yearNew contract, July 2024: AED 84,000 a yearNew contract, August 2024: AED 85,000 a yearNew contract, July 2025: AED 89,250 a yearNew contract, August 2026: AED 90,000 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 1605 sits

All 200 1-beds →

1605 last sold in October 2021 at AED 1,606 per sqft, 31% above what one-beds in The Pad Tower were fetching at the time (AED 1,224). 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. 1605's AED 90,000 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
16041-bedAED 1.23M · Mar 2023
16061-bedAED 483K · Jul 2021
16071-bedAED 1.2M · Aug 2022
16081-bedAED 1M · Aug 2022
1–7 of 10

1605, The Pad Tower in numbers

  • Sold 3 times: first on 1 June 2009 for AED 1,470,471, last on 13 October 2021 for AED 1,050,000 (AED 1,606 per sqft).
  • Rented since May 2021 on 7 Ejari contracts, from AED 58,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2021 price is 8.6%, 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 1 August 2026.

Questions about 1605, The Pad Tower

What did unit 1605 last sell for?

AED 1,050,000 on 13 October 2021: AED 1,606 per sqft for 653 sqft. The unit has 3 registered sales; the first was AED 1,470,471 in June 2009.

What is the rent for unit 1605?

AED 90,000 a year on the contract signed on 1 August 2026. The previous contract, from July 2025, was AED 89,250; the unit has been rented since May 2021.

How big is unit 1605?

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

What is unit 1605 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 1605, The Pad Tower

Starts from the last sale price (AED 1.05M, 13 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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