1-bed · 653 sqftThe Pad Tower, Business Bay · 4th floor · completed 2020

403, The Pad Tower

Sold prices and rental history: sold once, by the developer in September 2022, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 1 November 2026
Last soldAED 1.37M29 September 2022
Current rentAED 72K /yr1 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, The Pad Tower

What is 403 worth today?

Last sold for AED 1,365,000 in 2022

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1 Nov 2026RentedRenewal
AED 72,000/yr2 months · AED 111 per sqft
1 Nov 2024RentedRenewal
AED 99,600/yr12 months · AED 154 per sqft
29 Sep 2022Sold by developerReady
AED 1,365,000AED 2,089 per sqft

Source: Dubai Land Department. Updated 1 November 2026.

Key facts

Type
1-bed apartment
Size
653 sqft
Floor
4th of 22
Parking
B2-35
Developer
Pad Properties Nine
Completed
2020
Service charge
AED 11,900 /yr
Last sold
AED 1.37M · September 2022

About 403, The Pad Tower

403 is a one-bedroom apartment of 653 sqft on the 4th floor of The Pad Tower, a 22-storey tower in Business Bay completed in 2020 by Pad Properties Nine. The developer sold it on 29 September 2022 for AED 1,365,000, or AED 2,089 per sqft, 48% above the AED 1,407 one-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 1 November 2026, is AED 72,000 a year: a gross yield of 5.3% on the 2022 price, before the service charge of about AED 11,900 a year.

Sales and rents for 403 over time

Sales
Unit 403, 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, September 2022: AED 1,365,000 (AED 2,089 per sqft)

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

Rents
Unit 403, 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 90,000Renewal, November 2024: AED 99,600 a yearRenewal, November 2026: AED 72,000 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 403 sits

All 200 1-beds →

403 last sold in September 2022 at AED 2,089 per sqft, 48% above what one-beds in The Pad Tower were fetching at the time (AED 1,407). 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. 403's AED 72,000 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 4th floor

All 242 units in The Pad Tower
Value
4012-bedAED 2.62M · Oct 2024
4021-bedAED 2.89M · Jun 2009
4041-bedAED 1.59M · Feb 2026
4051-bedAED 1.2M · Aug 2022
4061-bedAED 1.42M · Jun 2023
4071-bedAED 1.8M · Nov 2025
4081-bedAED 1.1M · Nov 2022
1–7 of 10

403, The Pad Tower in numbers

  • Sold once: by Pad Properties Nine on 29 September 2022 for AED 1,365,000, or AED 2,089 per sqft.
  • Rented since November 2024 on 2 Ejari contracts, from AED 99,600 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2022 price is 5.3%, 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 1 November 2026.

Questions about 403, The Pad Tower

What did unit 403 last sell for?

AED 1,365,000 on 29 September 2022, sold by the developer: AED 2,089 per sqft for 653 sqft. It is the only registered sale of the unit.

What is the rent for unit 403?

AED 72,000 a year on the contract renewed on 1 November 2026. The previous contract, from November 2024, was AED 99,600.

How big is unit 403?

653 sqft (60.7 sqm): a one-bedroom apartment on the 4th floor of a 22-storey tower completed in 2020.

What is unit 403 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 403, The Pad Tower

Starts from the last sale price (AED 1.37M, 29 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,365,000
Deposit, UAE resident (20%)
AED 273,000
Deposit, non-resident (40%)
AED 546,000
Monthly over 25 years at 3.7%
AED 5,585

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