1-bed · 648 sqftThe Pad Tower, Business Bay · 3rd floor · completed 2020

306, The Pad Tower

Sold prices and rental history: sold once, by the developer in June 2009, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 1.44M1 June 2009
Current rentAED 70K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, The Pad Tower

What is 306 worth today?

Last sold for AED 1,444,091 in 2009

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1 Sep 2026RentedNew contract
AED 70,000/yr12 months · AED 108 per sqft
5 Jul 2024RentedNew contract
AED 96,800/yr12 months · AED 149 per sqft
2 Jul 2022RentedNew contract
AED 75,000/yr12 months · AED 116 per sqft
1 Jun 2009Sold by developerOff-plan
AED 1,444,091AED 2,227 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
1-bed apartment
Size
648 sqft
Floor
3rd of 22
Parking
B2-29
Developer
Pad Properties Nine
Completed
2020
Service charge
AED 11,800 /yr
Last sold
AED 1.44M · June 2009

About 306, The Pad Tower

306 is a one-bedroom apartment of 648 sqft on the 3rd 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 1,444,091, or AED 2,227 per sqft, in line with the AED 2,191 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 1 September 2026, is AED 70,000 a year: a gross yield of 4.9% on the 2009 price, before the service charge of about AED 11,800 a year.

Sales and rents for 306 over time

Sales
Unit 306, 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 1,444,091 (AED 2,227 per sqft)

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

Rents
Unit 306, 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 2022: AED 75,000 a yearNew contract, July 2024: AED 96,800 a yearNew contract, September 2026: AED 70,000 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 306 sits

All 200 1-beds →

306 last sold in June 2009 at AED 2,227 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. 306's AED 70,000 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 3rd floor

All 242 units in The Pad Tower
Value
3012-bedAED 3.45M · Apr 2021
3021-bedAED 1.39M · Nov 2014
3031-bedAED 1.8M · Dec 2023
3041-bedAED 1.2M · Aug 2022
3051-bedAED 1.5M · Mar 2014
3071-bedAED 1.35M · Oct 2025
3081-bedAED 1.3M · Sep 2024
1–7 of 10

306, The Pad Tower in numbers

  • Sold once: by Pad Properties Nine on 1 June 2009 for AED 1,444,091, or AED 2,227 per sqft.
  • Rented since July 2022 on 3 Ejari contracts, from AED 75,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2009 price is 4.9%, before a service charge of about AED 11,800 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 1 September 2026.

Questions about 306, The Pad Tower

What did unit 306 last sell for?

AED 1,444,091 on 1 June 2009, sold by the developer: AED 2,227 per sqft for 648 sqft. It is the only registered sale of the unit.

What is the rent for unit 306?

AED 70,000 a year on the contract signed on 1 September 2026. The previous contract, from July 2024, was AED 96,800; the unit has been rented since July 2022.

How big is unit 306?

648 sqft (60.2 sqm): a one-bedroom apartment on the 3rd floor of a 22-storey tower completed in 2020.

What is unit 306 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 306, The Pad Tower

Starts from the last sale price (AED 1.44M, 1 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,444,091
Deposit, UAE resident (20%)
AED 288,818
Deposit, non-resident (40%)
AED 577,636
Monthly over 25 years at 3.7%
AED 5,908

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