1-bed · 653 sqftThe Pad Tower, Business Bay · 2nd floor · completed 2020

203, The Pad Tower

Sold prices and rental history: sold twice, last in December 2025, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 10 December 2025
Last soldAED 1.53M10 December 2025
Current rentAED 100K /yr9 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, The Pad Tower

What is 203 worth today?

Last sold for AED 1,530,000 in 2025

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10 Dec 2025SoldReady
AED 1,530,000AED 2,341 per sqft
9 May 2024RentedNew contract
AED 100,000/yr12 months · AED 152 per sqft
14 Jul 2022RentedRenewal
AED 69,300/yr12 months · AED 107 per sqft
14 Jul 2021RentedNew contract
AED 63,000/yr12 months · AED 98 per sqft
26 Jun 2016Sold by developerOff-plan
AED 1,504,800AED 2,303 per sqft

Source: Dubai Land Department. Updated 10 December 2025.

Key facts

Type
1-bed apartment
Size
653 sqft
Floor
2nd of 22
Parking
B3-27
Developer
Pad Properties Nine
Completed
2020
Service charge
AED 11,900 /yr
Last sold
AED 1.53M · December 2025

About 203, The Pad Tower

203 is a one-bedroom apartment of 653 sqft on the 2nd floor of The Pad Tower, a 22-storey tower in Business Bay completed in 2020 by Pad Properties Nine. It last sold on 10 December 2025 for AED 1,530,000, or AED 2,341 per sqft, in line with the AED 2,366 one-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 9 May 2024, is AED 100,000 a year: a gross yield of 6.5% on the 2025 price, before the service charge of about AED 11,900 a year.

Sales and rents for 203 over time

Sales
Unit 203, 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 2016: AED 1,504,800 (AED 2,303 per sqft)Sold, December 2025: AED 1,530,000 (AED 2,341 per sqft)

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

Rents
Unit 203, 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, July 2021: AED 63,000 a yearRenewal, July 2022: AED 69,300 a yearNew contract, May 2024: AED 100,000 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 203 sits

All 200 1-beds →

203 last sold in December 2025 at AED 2,341 per sqft, in line with what one-beds in The Pad Tower were fetching at the time (AED 2,366). 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. 203's AED 100,000 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 2nd floor

All 242 units in The Pad Tower
Value
2012-bedAED 2.62M · Oct 2024
2021-bedAED 2.49M · Jun 2009
2041-bedAED 1.51M · Mar 2023
2051-bedAED 1.44M · Aug 2022
2061-bedAED 2.48M · Jun 2009
2071-bedAED 750K · Jul 2021
2081-bedAED 1.41M · Feb 2023
1–7 of 10

203, The Pad Tower in numbers

  • Sold twice: first on 26 June 2016 for AED 1,504,800, last on 10 December 2025 for AED 1,530,000 (AED 2,341 per sqft).
  • Rented since July 2021 on 3 Ejari contracts, from AED 63,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2025 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 10 December 2025.

Questions about 203, The Pad Tower

What did unit 203 last sell for?

AED 1,530,000 on 10 December 2025: AED 2,341 per sqft for 653 sqft. The unit has 2 registered sales; the first was AED 1,504,800 in June 2016.

What is the rent for unit 203?

AED 100,000 a year on the contract signed on 9 May 2024. The previous contract, from July 2022, was AED 69,300; the unit has been rented since July 2021.

How big is unit 203?

653 sqft (60.7 sqm): a one-bedroom apartment on the 2nd floor of a 22-storey tower completed in 2020.

What is unit 203 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 203, The Pad Tower

Starts from the last sale price (AED 1.53M, 10 December 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,530,000
Deposit, UAE resident (20%)
AED 306,000
Deposit, non-resident (40%)
AED 612,000
Monthly over 25 years at 3.7%
AED 6,260

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