406, The Pad Tower
Sold prices and rental history: sold twice, last in June 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, The Pad Tower
What is 406 worth today?
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Source: Dubai Land Department. Updated 5 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 648 sqft
- Floor
- 4th of 22
- Parking
- B3-65
- Developer
- Pad Properties Nine
- Completed
- 2020
- Service charge
- AED 11,800 /yr
- Last sold
- AED 1.42M · June 2023
- Building
- The Pad Tower
About 406, The Pad Tower
406 is a one-bedroom apartment of 648 sqft on the 4th floor of The Pad Tower, a 22-storey tower in Business Bay completed in 2020 by Pad Properties Nine. It last sold on 19 June 2023 for AED 1,420,000, or AED 2,189 per sqft, 30% above the AED 1,681 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 5 September 2026, is AED 85,000 a year: a gross yield of 6.0% on the 2023 price, before the service charge of about AED 11,800 a year.
Sales and rents for 406 over time
406 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 406 sits
All 200 1-beds →406 last sold in June 2023 at AED 2,189 per sqft, 30% above what one-beds in The Pad Tower were fetching at the time (AED 1,681). 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. 406's AED 85,000 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 4th floor
All 242 units in The Pad Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,217 sqft | AED 2.62MAED 2,616,015 · Oct 2024October 2024 | 165,000 /yr | |
| 402 | 1-bed | 667 sqft | AED 2.89MAED 2,891,879 · Jun 2009June 2009 | ||
| 403 | 1-bed | 653 sqft | AED 1.37MAED 1,365,000 · Sep 2022September 2022 | 72,000 /yr | |
| 404 | 1-bed | 653 sqft | AED 1.59MAED 1,593,000 · Feb 2026February 2026 | 105,000 /yr | |
| 405 | 1-bed | 653 sqft | AED 1.2MAED 1,200,000 · Aug 2022August 2022 | 95,000 /yr | |
| 407 | 1-bed | 667 sqft | AED 1.8MAED 1,800,000 · Nov 2025November 2025 | ||
| 408 | 1-bed | 639 sqft | AED 1.1MAED 1,100,000 · Nov 2022November 2022 | 100,000 /yr | |
| 409 | 1-bed | 654 sqft | AED 1.37MAED 1,374,719 · Jun 2009June 2009 | 84,700 /yr | |
| 410 | 1-bed | 663 sqft | AED 1.25MAED 1,250,000 · Oct 2024October 2024 | ||
| 411 | 2-bed | 1,216 sqft | AED 1.7MAED 1,700,000 · Jan 2018January 2018 | 145,000 /yr |
406, The Pad Tower in numbers
- Sold twice: first on 1 June 2009 for AED 1,444,091, last on 19 June 2023 for AED 1,420,000 (AED 2,189 per sqft).
- Rented since June 2024 on 3 Ejari contracts, from AED 100,000 to AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2023 price is 6.0%, 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 5 September 2026.
Questions about 406, The Pad Tower
What did unit 406 last sell for?
AED 1,420,000 on 19 June 2023: AED 2,189 per sqft for 648 sqft. The unit has 2 registered sales; the first was AED 1,444,091 in June 2009.
What is the rent for unit 406?
AED 85,000 a year on the contract renewed on 5 September 2026. The previous contract, from September 2025, was AED 100,000; the unit has been rented since June 2024.
How big is unit 406?
648 sqft (60.2 sqm): a one-bedroom apartment on the 4th floor of a 22-storey tower completed in 2020.
What is unit 406 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 406, The Pad Tower
Starts from the last sale price (AED 1.42M, 19 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,420,000
- Deposit, UAE resident (20%)
- AED 284,000
- Deposit, non-resident (40%)
- AED 568,000
- Monthly over 25 years at 3.7%
- AED 5,810
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →