1-bed · 635 sqftThe Pad Tower, Business Bay · 3rd floor · completed 2020

308, The Pad Tower

Sold prices and rental history: sold twice, last in September 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 15 August 2026
Last soldAED 1.3M17 September 2024
Current rentAED 110K /yr15 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, The Pad Tower

What is 308 worth today?

Last sold for AED 1,300,000 in 2024

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15 Aug 2026RentedRenewal
AED 110,000/yr12 months · AED 173 per sqft
15 Nov 2025RentedRenewal
AED 110,000/yr9 months · AED 173 per sqft
15 Nov 2024RentedNew contract
AED 110,000/yr12 months · AED 173 per sqft
17 Sep 2024SoldReady
AED 1,300,000AED 2,048 per sqft
1 Jun 2009Sold by developerOff-plan
AED 1,236,773AED 1,948 per sqft

Source: Dubai Land Department. Updated 15 August 2026.

Key facts

Type
1-bed apartment
Size
635 sqft
Floor
3rd of 22
Parking
B2-31
Developer
Pad Properties Nine
Completed
2020
Service charge
AED 11,500 /yr
Last sold
AED 1.3M · September 2024

About 308, The Pad Tower

308 is a one-bedroom apartment of 635 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 17 September 2024 for AED 1,300,000, or AED 2,048 per sqft, 11% below the AED 2,295 one-beds in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 15 August 2026, is AED 110,000 a year: a gross yield of 8.5% on the 2024 price, before the service charge of about AED 11,500 a year.

Sales and rents for 308 over time

Sales
Unit 308, 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 1,236,773 (AED 1,948 per sqft)Sold, September 2024: AED 1,300,000 (AED 2,048 per sqft)

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

Rents
Unit 308, each contractTypical one-bed in The Pad Tower
75K100K2021202320252027Typical 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, November 2024: AED 110,000 a yearRenewal, November 2025: AED 110,000 a yearRenewal, August 2026: AED 110,000 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 308 sits

All 200 1-beds →

308 last sold in September 2024 at AED 2,048 per sqft, 11% below what one-beds in The Pad Tower were fetching at the time (AED 2,295). 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. 308's AED 110,000 is in the upper 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
3061-bedAED 1.44M · Jun 2009
3071-bedAED 1.35M · Oct 2025
1–7 of 10

308, The Pad Tower in numbers

  • Sold twice: first on 1 June 2009 for AED 1,236,773, last on 17 September 2024 for AED 1,300,000 (AED 2,048 per sqft).
  • Rented since November 2024 on 3 Ejari contracts, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2024 price is 8.5%, before a service charge of about AED 11,500 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 15 August 2026.

Questions about 308, The Pad Tower

What did unit 308 last sell for?

AED 1,300,000 on 17 September 2024: AED 2,048 per sqft for 635 sqft. The unit has 2 registered sales; the first was AED 1,236,773 in June 2009.

What is the rent for unit 308?

AED 110,000 a year on the contract renewed on 15 August 2026. The previous contract, from November 2025, was AED 110,000; the unit has been rented since November 2024.

How big is unit 308?

635 sqft (59.0 sqm): a one-bedroom apartment on the 3rd floor of a 22-storey tower completed in 2020.

What is unit 308 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 308, The Pad Tower

Starts from the last sale price (AED 1.3M, 17 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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