1-bed · 653 sqftThe Pad Tower, Business Bay · 5th floor · completed 2020

505, The Pad Tower

Sold prices and rental history: sold 3 times, last in August 2022, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 6 September 2026
Last soldAED 1M4 August 2022
Current rentAED 100K /yr6 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, The Pad Tower

What is 505 worth today?

Last sold for AED 1,000,000 in 2022

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6 Sep 2026RentedNew contract
AED 100,000/yr12 months · AED 152 per sqft
1 Sep 2025RentedRenewal
AED 87,150/yr12 months · AED 133 per sqft
15 Aug 2025RentedNew contract
AED 100,000/yr12 months · AED 152 per sqft
1 Sep 2024RentedNew contract
AED 105,000/yr12 months · AED 160 per sqft
4 Aug 2022SoldReady
AED 1,000,000AED 1,530 per sqft
7 Sep 2021SoldReady
AED 800,000AED 1,224 per sqft
25 Jul 2021RentedNew contract
AED 58,000/yr12 months · AED 88 per sqft
1 Jun 2009Sold by developerOff-plan
AED 1,423,963AED 2,179 per sqft

Source: Dubai Land Department. Updated 6 September 2026.

Key facts

Type
1-bed apartment
Size
653 sqft
Floor
5th of 22
Parking
B3-04
Developer
Pad Properties Nine
Completed
2020
Service charge
AED 11,900 /yr
Last sold
AED 1M · August 2022

About 505, The Pad Tower

505 is a one-bedroom apartment of 653 sqft on the 5th floor of The Pad Tower, a 22-storey tower in Business Bay completed in 2020 by Pad Properties Nine. It last sold on 4 August 2022 for AED 1,000,000, or AED 1,530 per sqft, 18% above the AED 1,299 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 6 September 2026, is AED 100,000 a year: a gross yield of 10.0% on the 2022 price, before the service charge of about AED 11,900 a year.

Sales and rents for 505 over time

Sales
Unit 505, 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 1,423,963 (AED 2,179 per sqft)Sold, September 2021: AED 800,000 (AED 1,224 per sqft)Sold, August 2022: AED 1,000,000 (AED 1,530 per sqft)

505 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 505, each contractTypical one-bed in The Pad Tower
50K75K100K2021202320252027Typical 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 2021: AED 58,000 a yearNew contract, September 2024: AED 105,000 a yearNew contract, August 2025: AED 100,000 a yearRenewal, September 2025: AED 87,150 a yearNew contract, September 2026: AED 100,000 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 505 sits

All 200 1-beds →

505 last sold in August 2022 at AED 1,530 per sqft, 18% above what one-beds in The Pad Tower were fetching at the time (AED 1,299). 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. 505's AED 100,000 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 5th floor

All 242 units in The Pad Tower
Value
5012-bedAED 1.73M · Jun 2022
5021-bedAED 800K · Feb 2022
5031-bedAED 1.86M · Jun 2023
5041-bedAED 800K · Jul 2021
5061-bedAED 800K · Nov 2021
5071-bedAED 800K · Mar 2022
5081-bedAED 830K · Jan 2022
1–7 of 10

505, The Pad Tower in numbers

  • Sold 3 times: first on 1 June 2009 for AED 1,423,963, last on 4 August 2022 for AED 1,000,000 (AED 1,530 per sqft).
  • Rented since July 2021 on 5 Ejari contracts, from AED 58,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2022 price is 10.0%, 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 6 September 2026.

Questions about 505, The Pad Tower

What did unit 505 last sell for?

AED 1,000,000 on 4 August 2022: AED 1,530 per sqft for 653 sqft. The unit has 3 registered sales; the first was AED 1,423,963 in June 2009.

What is the rent for unit 505?

AED 100,000 a year on the contract signed on 6 September 2026. The previous contract, from September 2025, was AED 87,150; the unit has been rented since July 2021.

How big is unit 505?

653 sqft (60.7 sqm): a one-bedroom apartment on the 5th floor of a 22-storey tower completed in 2020.

What is unit 505 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 505, The Pad Tower

Starts from the last sale price (AED 1M, 4 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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