1-bed · 654 sqftThe Pad Tower, Business Bay · 5th floor · completed 2020

509, The Pad Tower

Sold prices and rental history: sold 3 times, last in December 2025, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 18 December 2025
Last soldAED 1.38M18 December 2025
Current rentAED 88K /yr20 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, The Pad Tower

What is 509 worth today?

Last sold for AED 1,380,000 in 2025

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18 Dec 2025SoldReady
AED 1,380,000AED 2,111 per sqft
20 Oct 2024RentedNew contract
AED 88,000/yr12 months · AED 135 per sqft
20 Oct 2022RentedNew contract
AED 88,000/yr12 months · AED 134 per sqft
19 Dec 2021SoldReady
AED 837,500AED 1,281 per sqft
30 Aug 2021RentedNew contract
AED 56,188/yr12 months · AED 87 per sqft
1 Jun 2009Sold by developerOff-plan
AED 1,423,963AED 2,178 per sqft

Source: Dubai Land Department. Updated 18 December 2025.

Key facts

Type
1-bed apartment
Size
654 sqft
Floor
5th of 22
Parking
B3-23
Developer
Pad Properties Nine
Completed
2020
Service charge
AED 11,900 /yr
Last sold
AED 1.38M · December 2025

About 509, The Pad Tower

509 is a one-bedroom apartment of 654 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 18 December 2025 for AED 1,380,000, or AED 2,111 per sqft, 10% below the AED 2,341 one-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 20 October 2024, is AED 88,000 a year: a gross yield of 6.4% on the 2025 price, before the service charge of about AED 11,900 a year.

Sales and rents for 509 over time

Sales
Unit 509, 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 2,178 per sqft)Sold, December 2021: AED 837,500 (AED 1,281 per sqft)Sold, December 2025: AED 1,380,000 (AED 2,111 per sqft)

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

Rents
Unit 509, 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, August 2021: AED 56,188 a yearNew contract, October 2022: AED 88,000 a yearNew contract, October 2024: AED 88,000 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 509 sits

All 200 1-beds →

509 last sold in December 2025 at AED 2,111 per sqft, 10% below what one-beds in The Pad Tower were fetching at the time (AED 2,341). 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. 509's AED 88,000 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
5051-bedAED 1M · Aug 2022
5061-bedAED 800K · Nov 2021
5071-bedAED 800K · Mar 2022
1–7 of 10

509, The Pad Tower in numbers

  • Sold 3 times: first on 1 June 2009 for AED 1,423,963, last on 18 December 2025 for AED 1,380,000 (AED 2,111 per sqft).
  • Rented since August 2021 on 3 Ejari contracts, from AED 56,188 to AED 88,000 a year.
  • At AED 88,000 a year the gross yield on the 2025 price is 6.4%, 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 18 December 2025.

Questions about 509, The Pad Tower

What did unit 509 last sell for?

AED 1,380,000 on 18 December 2025: AED 2,111 per sqft for 654 sqft. The unit has 3 registered sales; the first was AED 1,423,963 in June 2009.

What is the rent for unit 509?

AED 88,000 a year on the contract signed on 20 October 2024. The previous contract, from October 2022, was AED 88,000; the unit has been rented since August 2021.

How big is unit 509?

654 sqft (60.8 sqm): a one-bedroom apartment on the 5th floor of a 22-storey tower completed in 2020.

What is unit 509 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 509, The Pad Tower

Starts from the last sale price (AED 1.38M, 18 December 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,380,000
Deposit, UAE resident (20%)
AED 276,000
Deposit, non-resident (40%)
AED 552,000
Monthly over 25 years at 3.7%
AED 5,646

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