1-bed · 640 sqftThe Pad Tower, Business Bay · 6th floor · completed 2020

608, The Pad Tower

Sold prices and rental history: sold 5 times, last in August 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 608 · DLD and Ejari recordsUpdated 29 August 2024
Last soldAED 1.43M29 August 2024
Current rentAED 70K /yr27 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 608, The Pad Tower

What is 608 worth today?

Last sold for AED 1,425,000 in 2024

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29 Aug 2024SoldReady
AED 1,425,000AED 2,227 per sqft
27 Apr 2022RentedRenewal
AED 70,000/yr12 months · AED 110 per sqft
29 Mar 2022SoldReady
AED 920,000AED 1,438 per sqft
27 Apr 2021RentedNew contract
AED 70,000/yr12 months · AED 110 per sqft
26 Mar 2017SoldOff-plan
AED 1,373,228AED 2,147 per sqft
23 Mar 2017SoldOff-plan
AED 1,373,228AED 2,147 per sqft
1 Jun 2009Sold by developerOff-plan
AED 1,373,228AED 2,147 per sqft

Source: Dubai Land Department. Updated 29 August 2024.

Key facts

Type
1-bed apartment
Size
640 sqft
Floor
6th of 22
Parking
B2-05
Developer
Pad Properties Nine
Completed
2020
Service charge
AED 11,600 /yr
Last sold
AED 1.43M · August 2024

About 608, The Pad Tower

608 is a one-bedroom apartment of 640 sqft on the 6th floor of The Pad Tower, a 22-storey tower in Business Bay completed in 2020 by Pad Properties Nine. It last sold on 29 August 2024 for AED 1,425,000, or AED 2,227 per sqft, in line with the AED 2,266 one-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 27 April 2022, is AED 70,000 a year: a gross yield of 4.9% on the 2024 price, before the service charge of about AED 11,600 a year.

Sales and rents for 608 over time

Sales
Unit 608, 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 1,373,228 (AED 2,147 per sqft)Sold, March 2017: AED 1,373,228 (AED 2,147 per sqft)Sold, March 2017: AED 1,373,228 (AED 2,147 per sqft)Sold, March 2022: AED 920,000 (AED 1,438 per sqft)Sold, August 2024: AED 1,425,000 (AED 2,227 per sqft)

608 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 608, 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, April 2021: AED 70,000 a yearRenewal, April 2022: AED 70,000 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 608 sits

All 200 1-beds →

608 last sold in August 2024 at AED 2,227 per sqft, in line with what one-beds in The Pad Tower were fetching at the time (AED 2,266). 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. 608's AED 70,000 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 6th floor

All 242 units in The Pad Tower
Value
6012-bedAED 3M · Jun 2014
6021-bedAED 1.63M · Nov 2025
6031-bedAED 1.2M · Sep 2022
6041-bedAED 1.53M · Sep 2024
6051-bedAED 1.35M · Oct 2024
6061-bedAED 1.55M · Aug 2025
6071-bedAED 1M · Feb 2022
1–7 of 10

608, The Pad Tower in numbers

  • Sold 5 times: first on 1 June 2009 for AED 1,373,228, last on 29 August 2024 for AED 1,425,000 (AED 2,227 per sqft).
  • Rented since April 2021 on 2 Ejari contracts, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2024 price is 4.9%, before a service charge of about AED 11,600 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 29 August 2024.

Questions about 608, The Pad Tower

What did unit 608 last sell for?

AED 1,425,000 on 29 August 2024: AED 2,227 per sqft for 640 sqft. The unit has 5 registered sales; the first was AED 1,373,228 in June 2009.

What is the rent for unit 608?

AED 70,000 a year on the contract renewed on 27 April 2022. The previous contract, from April 2021, was AED 70,000.

How big is unit 608?

640 sqft (59.5 sqm): a one-bedroom apartment on the 6th floor of a 22-storey tower completed in 2020.

What is unit 608 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 608, The Pad Tower

Starts from the last sale price (AED 1.43M, 29 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,425,000
Deposit, UAE resident (20%)
AED 285,000
Deposit, non-resident (40%)
AED 570,000
Monthly over 25 years at 3.7%
AED 5,830

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