2004, The Pad Tower
Sold prices and rental history: sold once, by the developer in June 2009, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2004, The Pad Tower
What is 2004 worth today?
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Source: Dubai Land Department. Updated 3 January 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 653 sqft
- Floor
- 20th of 22
- Parking
- B3-92
- Developer
- Pad Properties Nine
- Completed
- 2020
- Service charge
- AED 11,900 /yr
- Last sold
- AED 1.47M · June 2009
- Building
- The Pad Tower
About 2004, The Pad Tower
2004 is a one-bedroom apartment of 653 sqft on the 20th floor of The Pad Tower, a 22-storey tower in Business Bay completed in 2020 by Pad Properties Nine. The developer sold it on 1 June 2009 for AED 1,470,471, or AED 2,250 per sqft, in line with the AED 2,191 one-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 3 January 2026, is AED 95,000 a year: a gross yield of 6.5% on the 2009 price, before the service charge of about AED 11,900 a year.
Sales and rents for 2004 over time
2004 has sold once; the dashed line is the one-bed median of each year in the building.
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 2004 sits
All 200 1-beds →2004 last sold in June 2009 at AED 2,250 per sqft, in line with what one-beds in The Pad Tower were fetching at the time (AED 2,191). 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. 2004's AED 95,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Sep 20261 September 2026 | 648 sqft | 1,440,000 | 2,220 | ||
| 13 Aug 202613 August 2026 | 654 sqft | 1,450,000 | 2,218 | ||
| 6 Aug 20266 August 2026 | 667 sqft | 20,824 | 31 | ||
| 29 Jul 202629 July 2026 | 663 sqft | 3,418 | 5 |
The Pad Tower
Building242 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%
Other units on the 20th floor
All 242 units in The Pad Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 2-bed | 1,217 sqft | AED 2MAED 2,000,000 · Aug 2022August 2022 | 195,000 /yr | |
| 2002 | 1-bed | 667 sqft | AED 920KAED 920,000 · Apr 2022April 2022 | 75,000 /yr | |
| 2003 | 1-bed | 653 sqft | AED 1.55MAED 1,550,000 · Mar 2026March 2026 | ||
| 2005 | 1-bed | 653 sqft | AED 1.28MAED 1,275,000 · Jul 2023July 2023 | 75,243 /yr | |
| 2006 | 1-bed | 648 sqft | AED 1.03MAED 1,033,000 · Nov 2024November 2024 | ||
| 2007 | 1-bed | 667 sqft | AED 1MAED 1,000,000 · Jul 2018July 2018 | 75,000 /yr | |
| 2008 | 1-bed | 524 sqft | AED 1.05MAED 1,050,000 · Sep 2022September 2022 | ||
| 2009 | 1-bed | 654 sqft | AED 1.57MAED 1,570,000 · Oct 2024October 2024 | ||
| 2010 | 1-bed | 663 sqft | AED 1.03MAED 1,027,650 · Jun 2021June 2021 | 130,000 /yr | |
| 2011 | 2-bed | 415 sqft | AED 1.1MAED 1,100,000 · Apr 2026April 2026 |
2004, The Pad Tower in numbers
- Sold once: by Pad Properties Nine on 1 June 2009 for AED 1,470,471, or AED 2,250 per sqft.
- Rented since January 2022 on 5 Ejari contracts, from AED 65,000 to AED 95,000 a year.
- At AED 95,000 a year the gross yield on the 2009 price is 6.5%, 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 3 January 2026.
Questions about 2004, The Pad Tower
What did unit 2004 last sell for?
AED 1,470,471 on 1 June 2009, sold by the developer: AED 2,250 per sqft for 653 sqft. It is the only registered sale of the unit.
What is the rent for unit 2004?
AED 95,000 a year on the contract renewed on 3 January 2026. The previous contract, from January 2026, was AED 95,000; the unit has been rented since January 2022.
How big is unit 2004?
653 sqft (60.7 sqm): a one-bedroom apartment on the 20th floor of a 22-storey tower completed in 2020.
What is unit 2004 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 2004, The Pad Tower
Starts from the last sale price (AED 1.47M, 1 June 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,470,471
- Deposit, UAE resident (20%)
- AED 294,094
- Deposit, non-resident (40%)
- AED 588,188
- Monthly over 25 years at 3.7%
- AED 6,016
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →