1-bed · 523 sqftThe Pad Tower, Business Bay · 18th floor · completed 2020

1808, The Pad Tower

Sold prices and rental history: sold 4 times, last in March 2024, and rented once, from January 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1808 · DLD and Ejari recordsUpdated 24 January 2025
Last soldAED 1.37M20 March 2024
Current rentAED 89K /yr24 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1808, The Pad Tower

What is 1808 worth today?

Last sold for AED 1,370,000 in 2024

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24 Jan 2025RentedNew contract
AED 89,000/yr12 months · AED 169 per sqft
20 Mar 2024SoldReady
AED 1,370,000AED 2,618 per sqft
20 Apr 2022SoldReady
AED 900,000AED 1,720 per sqft
9 Feb 2022SoldReady
AED 575,443AED 1,100 per sqft
1 Jun 2009Sold by developerOff-plan
AED 1,216,752AED 2,325 per sqft

Source: Dubai Land Department. Updated 24 January 2025.

Key facts

Type
1-bed apartment
Size
523 sqft
Floor
18th of 22
Parking
B2-78
Developer
Pad Properties Nine
Completed
2020
Service charge
AED 9,500 /yr
Last sold
AED 1.37M · March 2024

About 1808, The Pad Tower

1808 is a one-bedroom apartment of 523 sqft on the 18th floor of The Pad Tower, a 22-storey tower in Business Bay completed in 2020 by Pad Properties Nine. It last sold on 20 March 2024 for AED 1,370,000, or AED 2,618 per sqft, 18% above the AED 2,213 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 24 January 2025. The current contract, signed on 24 January 2025, is AED 89,000 a year: a gross yield of 6.5% on the 2024 price, before the service charge of about AED 9,500 a year.

Sales and rents for 1808 over time

Sales
Unit 1808, 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 1,216,752 (AED 2,325 per sqft)Sold, February 2022: AED 575,443 (AED 1,100 per sqft)Sold, April 2022: AED 900,000 (AED 1,720 per sqft)Sold, March 2024: AED 1,370,000 (AED 2,618 per sqft)

1808 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1808, 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, January 2025: AED 89,000 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 1808 sits

All 200 1-beds →

1808 last sold in March 2024 at AED 2,618 per sqft, 18% above what one-beds in The Pad Tower were fetching at the time (AED 2,213). 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. 1808's AED 89,000 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 18th floor

All 242 units in The Pad Tower
Value
18012-bedAED 2M · May 2022
18021-bedAED 1.57M · Jun 2024
18031-bedAED 1.05M · Jun 2022
18041-bedAED 1.02M · May 2022
18051-bedAED 1M · Apr 2022
18061-bedAED 1.44M · Sep 2026
18071-bedAED 1.08M · Apr 2022
1–7 of 10

1808, The Pad Tower in numbers

  • Sold 4 times: first on 1 June 2009 for AED 1,216,752, last on 20 March 2024 for AED 1,370,000 (AED 2,618 per sqft).
  • Rented since January 2025 on one Ejari contract, at AED 89,000 a year.
  • At AED 89,000 a year the gross yield on the 2024 price is 6.5%, 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 24 January 2025.

Questions about 1808, The Pad Tower

What did unit 1808 last sell for?

AED 1,370,000 on 20 March 2024: AED 2,618 per sqft for 523 sqft. The unit has 4 registered sales; the first was AED 1,216,752 in June 2009.

What is the rent for unit 1808?

AED 89,000 a year on the contract signed on 24 January 2025.

How big is unit 1808?

523 sqft (48.6 sqm): a one-bedroom apartment on the 18th floor of a 22-storey tower completed in 2020.

What is unit 1808 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 1808, The Pad Tower

Starts from the last sale price (AED 1.37M, 20 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,370,000
Deposit, UAE resident (20%)
AED 274,000
Deposit, non-resident (40%)
AED 548,000
Monthly over 25 years at 3.7%
AED 5,605

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