1-bed · 524 sqftThe Pad Tower, Business Bay · 20th floor · completed 2020

2008, The Pad Tower

Sold prices and rental history: sold 3 times, last in September 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2008 · DLD and Ejari recordsUpdated 9 September 2022
Last soldAED 1.05M9 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2008, The Pad Tower

What is 2008 worth today?

Last sold for AED 1,050,000 in 2022

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9 Sep 2022SoldReady
AED 1,050,000AED 2,003 per sqft
26 May 2022SoldReady
AED 733,609AED 1,399 per sqft
1 Jun 2009Sold by developerOff-plan
AED 1,147,989AED 2,189 per sqft

Source: Dubai Land Department. Updated 9 September 2022.

Key facts

Type
1-bed apartment
Size
524 sqft
Floor
20th of 22
Parking
B3-112
Developer
Pad Properties Nine
Completed
2020
Service charge
AED 9,500 /yr
Last sold
AED 1.05M · September 2022

About 2008, The Pad Tower

2008 is a one-bedroom apartment of 524 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 9 September 2022 for AED 1,050,000, or AED 2,003 per sqft, 45% above the AED 1,378 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2008 over time

Sales
Unit 2008, 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 1,147,989 (AED 2,189 per sqft)Sold, May 2022: AED 733,609 (AED 1,399 per sqft)Sold, September 2022: AED 1,050,000 (AED 2,003 per sqft)

2008 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2008, 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 90,000

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 2008 sits

All 200 1-beds →

2008 last sold in September 2022 at AED 2,003 per sqft, 45% above what one-beds in The Pad Tower were fetching at the time (AED 1,378). 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.

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
20051-bedAED 1.28M · Jul 2023
20061-bedAED 1.03M · Nov 2024
20071-bedAED 1M · Jul 2018
1–7 of 10

2008, The Pad Tower in numbers

  • Sold 3 times: first on 1 June 2009 for AED 1,147,989, last on 9 September 2022 for AED 1,050,000 (AED 2,003 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 9 September 2022.

Questions about 2008, The Pad Tower

What did unit 2008 last sell for?

AED 1,050,000 on 9 September 2022: AED 2,003 per sqft for 524 sqft. The unit has 3 registered sales; the first was AED 1,147,989 in June 2009.

How big is unit 2008?

524 sqft (48.7 sqm): a one-bedroom apartment on the 20th floor of a 22-storey tower completed in 2020.

What is unit 2008 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 2008, The Pad Tower

Starts from the last sale price (AED 1.05M, 9 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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