1-bed · 522 sqftThe Pad Tower, Business Bay · 16th floor · completed 2020

1608, The Pad Tower

Sold prices and rental history: sold 3 times, last in August 2022, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1608 · DLD and Ejari recordsUpdated 1 April 2026
Last soldAED 1M3 August 2022
Current rentAED 84K /yr1 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1608, The Pad Tower

What is 1608 worth today?

Last sold for AED 1,000,000 in 2022

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1 Apr 2026RentedNew contract
AED 84,000/yr12 months · AED 163 per sqft
11 Nov 2025RentedRenewal
AED 95,000/yr6 months · AED 184 per sqft
11 Nov 2024RentedNew contract
AED 95,000/yr12 months · AED 184 per sqft
24 Aug 2022RentedNew contract
AED 90,000/yr12 months · AED 174 per sqft
3 Aug 2022SoldReady
AED 1,000,000AED 1,916 per sqft
26 May 2022SoldReady
AED 730,800AED 1,400 per sqft
1 Jun 2009Sold by developerOff-plan
AED 1,124,738AED 2,155 per sqft

Source: Dubai Land Department. Updated 1 April 2026.

Key facts

Type
1-bed apartment
Size
522 sqft
Floor
16th of 22
Parking
B2-19
Developer
Pad Properties Nine
Completed
2020
Service charge
AED 9,500 /yr
Last sold
AED 1M · August 2022

About 1608, The Pad Tower

1608 is a one-bedroom apartment of 522 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 3 August 2022 for AED 1,000,000, or AED 1,916 per sqft, 48% above the AED 1,297 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 1 April 2026, is AED 84,000 a year: a gross yield of 8.4% on the 2022 price, before the service charge of about AED 9,500 a year.

Sales and rents for 1608 over time

Sales
Unit 1608, 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 1,124,738 (AED 2,155 per sqft)Sold, May 2022: AED 730,800 (AED 1,400 per sqft)Sold, August 2022: AED 1,000,000 (AED 1,916 per sqft)

1608 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1608, 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, August 2022: AED 90,000 a yearNew contract, November 2024: AED 95,000 a yearRenewal, November 2025: AED 95,000 a yearNew contract, April 2026: AED 84,000 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 1608 sits

All 200 1-beds →

1608 last sold in August 2022 at AED 1,916 per sqft, 48% above what one-beds in The Pad Tower were fetching at the time (AED 1,297). 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. 1608's AED 84,000 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
16051-bedAED 1.05M · Oct 2021
16061-bedAED 483K · Jul 2021
16071-bedAED 1.2M · Aug 2022
1–7 of 10

1608, The Pad Tower in numbers

  • Sold 3 times: first on 1 June 2009 for AED 1,124,738, last on 3 August 2022 for AED 1,000,000 (AED 1,916 per sqft).
  • Rented since August 2022 on 4 Ejari contracts, from AED 90,000 to AED 84,000 a year.
  • At AED 84,000 a year the gross yield on the 2022 price is 8.4%, before a service charge of about AED 9,500 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 April 2026.

Questions about 1608, The Pad Tower

What did unit 1608 last sell for?

AED 1,000,000 on 3 August 2022: AED 1,916 per sqft for 522 sqft. The unit has 3 registered sales; the first was AED 1,124,738 in June 2009.

What is the rent for unit 1608?

AED 84,000 a year on the contract signed on 1 April 2026. The previous contract, from November 2025, was AED 95,000; the unit has been rented since August 2022.

How big is unit 1608?

522 sqft (48.5 sqm): a one-bedroom apartment on the 16th floor of a 22-storey tower completed in 2020.

What is unit 1608 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 1608, The Pad Tower

Starts from the last sale price (AED 1M, 3 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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