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1-bed · 654 sqftThe Pad Tower, Business Bay · 16th floor · completed 2020

1609, The Pad Tower

Sold prices and rental history: sold twice, last in May 2025, and rented since 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1609 · DLD and Ejari recordsUpdated 17 July 2026
Last soldAED 1.5M15 May 2025
Current rentAED 80K /yr17 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1609, The Pad Tower

What is 1609 worth today?

Last sold for AED 1,500,000 in 2025

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17 Jul 2026RentedNew contract
AED 80,000/yr12 months · AED 122 per sqft
16 Feb 2026RentedNew contract
AED 120,000/yr12 months · AED 183 per sqft
15 May 2025SoldReady
AED 1,500,000AED 2,295 per sqft
24 Mar 2014Sold by developerOff-plan
AED 1,650,000AED 2,524 per sqft

Source: Dubai Land Department. Updated 17 July 2026.

Key facts

Type
1-bed apartment
Size
654 sqft
Floor
16th of 22
Parking
B2-18
Developer
Pad Properties Nine
Completed
2020
Service charge
AED 11,900 /yr
Last sold
AED 1.5M · May 2025
Building
The Pad Tower

About 1609, The Pad Tower

1609 is a one-bedroom apartment of 654 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 15 May 2025 for AED 1,500,000, or AED 2,295 per sqft, 7% above the AED 2,149 one-beds in the building were fetching at the time.

It has been rented since 2026 on 2 Ejari contracts. The current contract, signed on 17 July 2026, is AED 80,000 a year: a gross yield of 5.3% on the 2025 price, before the service charge of about AED 11,900 a year.

Sales and rents for 1609 over time

Sales
Unit 1609, 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, March 2014: AED 1,650,000 (AED 2,524 per sqft)Sold, May 2025: AED 1,500,000 (AED 2,295 per sqft)

1609 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1609, each contractTypical one-bed in The Pad Tower
75K100K125K2021202320252027Typical 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, February 2026: AED 120,000 a yearNew contract, July 2026: AED 80,000 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 1609 sits

All 200 1-beds →

1609 last sold in May 2025 at AED 2,295 per sqft, 7% above what one-beds in The Pad Tower were fetching at the time (AED 2,149). 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. 1609's AED 80,000 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

1609, The Pad Tower in numbers

  • Sold twice: first on 24 March 2014 for AED 1,650,000, last on 15 May 2025 for AED 1,500,000 (AED 2,295 per sqft).
  • Rented since February 2026 on 2 Ejari contracts, from AED 120,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2025 price is 5.3%, 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 17 July 2026.

Questions about 1609, The Pad Tower

What did unit 1609 last sell for?

AED 1,500,000 on 15 May 2025: AED 2,295 per sqft for 654 sqft. The unit has 2 registered sales; the first was AED 1,650,000 in March 2014.

What is the rent for unit 1609?

AED 80,000 a year on the contract signed on 17 July 2026. The previous contract, from February 2026, was AED 120,000.

How big is unit 1609?

654 sqft (60.8 sqm): a one-bedroom apartment on the 16th floor of a 22-storey tower completed in 2020.

What is unit 1609 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 1609, The Pad Tower

Starts from the last sale price (AED 1.5M, 15 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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