Home
Dubai prices
About
Research
1-bed · 653 sqftThe Pad Tower, Business Bay · 20th floor · completed 2020

2005, The Pad Tower

Sold prices and rental history: sold twice, last in July 2023, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2005 · DLD and Ejari recordsUpdated 7 January 2025
Last soldAED 1.28M6 July 2023
Current rentAED 75K /yr7 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 2005

Property timeline for 2005, The Pad Tower

What is 2005 worth today?

Last sold for AED 1,275,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

7 Jan 2025RentedRenewal
AED 75,243/yr12 months · AED 115 per sqft
6 Jul 2023SoldReady
AED 1,275,000AED 1,951 per sqft
7 Jan 2023RentedRenewal
AED 68,250/yr12 months · AED 104 per sqft
7 Jan 2022RentedNew contract
AED 65,000/yr12 months · AED 99 per sqft
1 Jun 2009Sold by developerOff-plan
AED 1,470,471AED 2,250 per sqft

Source: Dubai Land Department. Updated 7 January 2025.

Key facts

Type
1-bed apartment
Size
653 sqft
Floor
20th of 22
Parking
B3-93
Developer
Pad Properties Nine
Completed
2020
Service charge
AED 11,900 /yr
Last sold
AED 1.28M · July 2023
Building
The Pad Tower

About 2005, The Pad Tower

2005 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. It last sold on 6 July 2023 for AED 1,275,000, or AED 1,951 per sqft, 14% above the AED 1,714 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 7 January 2025, is AED 75,243 a year: a gross yield of 5.9% on the 2023 price, before the service charge of about AED 11,900 a year.

Sales and rents for 2005 over time

Sales
Unit 2005, 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 1,470,471 (AED 2,250 per sqft)Sold, July 2023: AED 1,275,000 (AED 1,951 per sqft)

2005 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2005, 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 2022: AED 65,000 a yearRenewal, January 2023: AED 68,250 a yearRenewal, January 2025: AED 75,243 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 2005 sits

All 200 1-beds →

2005 last sold in July 2023 at AED 1,951 per sqft, 14% above what one-beds in The Pad Tower were fetching at the time (AED 1,714). 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. 2005's AED 75,243 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 20th floor

All 242 units in The Pad Tower
Value
20012-bedAED 2M · Aug 2022
20021-bedAED 920K · Apr 2022
20031-bedAED 1.55M · Mar 2026
20041-bedAED 1.47M · Jun 2009
20061-bedAED 1.03M · Nov 2024
20071-bedAED 1M · Jul 2018
20081-bedAED 1.05M · Sep 2022
1–7 of 10

2005, The Pad Tower in numbers

  • Sold twice: first on 1 June 2009 for AED 1,470,471, last on 6 July 2023 for AED 1,275,000 (AED 1,951 per sqft).
  • Rented since January 2022 on 3 Ejari contracts, from AED 65,000 to AED 75,243 a year.
  • At AED 75,243 a year the gross yield on the 2023 price is 5.9%, 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 7 January 2025.

Questions about 2005, The Pad Tower

What did unit 2005 last sell for?

AED 1,275,000 on 6 July 2023: AED 1,951 per sqft for 653 sqft. The unit has 2 registered sales; the first was AED 1,470,471 in June 2009.

What is the rent for unit 2005?

AED 75,243 a year on the contract renewed on 7 January 2025. The previous contract, from January 2023, was AED 68,250; the unit has been rented since January 2022.

How big is unit 2005?

653 sqft (60.7 sqm): a one-bedroom apartment on the 20th floor of a 22-storey tower completed in 2020.

What is unit 2005 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.

Selling 2005? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2005, The Pad Tower

Starts from the last sale price (AED 1.28M, 6 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,275,000
Deposit, UAE resident (20%)
AED 255,000
Deposit, non-resident (40%)
AED 510,000
Monthly over 25 years at 3.7%
AED 5,216

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