304, The Pad Tower
Sold prices and rental history: sold twice, last in August 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 304, The Pad Tower
What is 304 worth today?
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Source: Dubai Land Department. Updated 18 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 653 sqft
- Floor
- 3rd of 22
- Parking
- B2-27
- Developer
- Pad Properties Nine
- Completed
- 2020
- Service charge
- AED 11,900 /yr
- Last sold
- AED 1.2M · August 2022
- Building
- The Pad Tower
About 304, The Pad Tower
304 is a one-bedroom apartment of 653 sqft on the 3rd floor of The Pad Tower, a 22-storey tower in Business Bay completed in 2020 by Pad Properties Nine. It last sold on 24 August 2022 for AED 1,200,000, or AED 1,836 per sqft, 38% above the AED 1,333 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 18 September 2024, is AED 92,000 a year: a gross yield of 7.7% on the 2022 price, before the service charge of about AED 11,900 a year.
Sales and rents for 304 over time
304 has sold twice; 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 304 sits
All 200 1-beds →304 last sold in August 2022 at AED 1,836 per sqft, 38% above what one-beds in The Pad Tower were fetching at the time (AED 1,333). 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. 304's AED 92,000 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 3rd floor
All 242 units in The Pad Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,217 sqft | AED 3.45MAED 3,447,711 · Apr 2021April 2021 | ||
| 302 | 1-bed | 667 sqft | AED 1.39MAED 1,386,000 · Nov 2014November 2014 | 80,000 /yr | |
| 303 | 1-bed | 653 sqft | AED 1.8MAED 1,802,260 · Dec 2023December 2023 | ||
| 305 | 1-bed | 653 sqft | AED 1.5MAED 1,500,000 · Mar 2014March 2014 | 80,000 /yr | |
| 306 | 1-bed | 648 sqft | AED 1.44MAED 1,444,091 · Jun 2009June 2009 | 70,000 /yr | |
| 307 | 1-bed | 667 sqft | AED 1.35MAED 1,350,000 · Oct 2025October 2025 | 160,000 /yr | |
| 308 | 1-bed | 635 sqft | AED 1.3MAED 1,300,000 · Sep 2024September 2024 | 110,000 /yr | |
| 309 | 1-bed | 654 sqft | AED 1.37MAED 1,367,880 · Jun 2009June 2009 | ||
| 310 | 1-bed | 663 sqft | AED 950KAED 950,000 · Jul 2022July 2022 | 100,000 /yr | |
| 311 | 2-bed | 1,216 sqft | AED 2.61MAED 2,613,932 · Oct 2024October 2024 | 120,000 /yr |
304, The Pad Tower in numbers
- Sold twice: first on 23 October 2017 for AED 1,417,683, last on 24 August 2022 for AED 1,200,000 (AED 1,836 per sqft).
- Rented since November 2022 on 3 Ejari contracts, from AED 95,000 to AED 92,000 a year.
- At AED 92,000 a year the gross yield on the 2022 price is 7.7%, 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 18 September 2024.
Questions about 304, The Pad Tower
What did unit 304 last sell for?
AED 1,200,000 on 24 August 2022: AED 1,836 per sqft for 653 sqft. The unit has 2 registered sales; the first was AED 1,417,683 in October 2017.
What is the rent for unit 304?
AED 92,000 a year on the contract renewed on 18 September 2024. The previous contract, from September 2023, was AED 90,000; the unit has been rented since November 2022.
How big is unit 304?
653 sqft (60.7 sqm): a one-bedroom apartment on the 3rd floor of a 22-storey tower completed in 2020.
What is unit 304 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 304, The Pad Tower
Starts from the last sale price (AED 1.2M, 24 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,200,000
- Deposit, UAE resident (20%)
- AED 240,000
- Deposit, non-resident (40%)
- AED 480,000
- Monthly over 25 years at 3.7%
- AED 4,910
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →