1-bed · 667 sqftThe Pad Tower, Business Bay · 7th floor · completed 2020

702, The Pad Tower

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

Unit 702 · DLD and Ejari recordsUpdated 19 August 2026
Last soldAED 765K10 March 2021
Current rentAED 85K /yr19 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, The Pad Tower

What is 702 worth today?

Last sold for AED 765,000 in 2021

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19 Aug 2026RentedNew contract
AED 85,000/yr12 months · AED 127 per sqft
13 Feb 2025RentedNew contract
AED 105,000/yr12 months · AED 157 per sqft
10 Jun 2023RentedNew contract
AED 120,000/yr12 months · AED 180 per sqft
9 Nov 2022RentedNew contract
AED 100,000/yr12 months · AED 150 per sqft
10 Mar 2021SoldReady
AED 765,000AED 1,147 per sqft
1 Jun 2009Sold by developerOff-plan
AED 1,445,940AED 2,168 per sqft

Source: Dubai Land Department. Updated 19 August 2026.

Key facts

Type
1-bed apartment
Size
667 sqft
Floor
7th of 22
Parking
B2-23
Developer
Pad Properties Nine
Completed
2020
Service charge
AED 12,100 /yr
Last sold
AED 765K · March 2021

About 702, The Pad Tower

702 is a one-bedroom apartment of 667 sqft on the 7th floor of The Pad Tower, a 22-storey tower in Business Bay completed in 2020 by Pad Properties Nine. It last sold on 10 March 2021 for AED 765,000, or AED 1,147 per sqft, in line with the AED 1,147 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 19 August 2026, is AED 85,000 a year: a gross yield of 11.1% on the 2021 price, before the service charge of about AED 12,100 a year.

Sales and rents for 702 over time

Sales
Unit 702, 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 1,445,940 (AED 2,168 per sqft)Sold, March 2021: AED 765,000 (AED 1,147 per sqft)

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

Rents
Unit 702, each contractTypical one-bed in The Pad Tower
75K100K125K2021202320252027Typical 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, November 2022: AED 100,000 a yearNew contract, June 2023: AED 120,000 a yearNew contract, February 2025: AED 105,000 a yearNew contract, August 2026: AED 85,000 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 702 sits

All 200 1-beds →

702 last sold in March 2021 at AED 1,147 per sqft, in line with what one-beds in The Pad Tower were fetching at the time (AED 1,147). 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. 702's AED 85,000 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 7th floor

All 242 units in The Pad Tower
Value
7012-bedAED 3.35M · Jun 2009
7031-bedAED 700K · Dec 2019
7041-bedAED 1.62M · Apr 2025
7051-bedAED 1.47M · Jun 2009
7061-bedAED 1.13M · Aug 2022
7071-bedAED 1.36M · Jun 2009
7081-bedAED 1.41M · Mar 2023
1–7 of 10

702, The Pad Tower in numbers

  • Sold twice: first on 1 June 2009 for AED 1,445,940, last on 10 March 2021 for AED 765,000 (AED 1,147 per sqft).
  • Rented since November 2022 on 4 Ejari contracts, from AED 100,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2021 price is 11.1%, before a service charge of about AED 12,100 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 19 August 2026.

Questions about 702, The Pad Tower

What did unit 702 last sell for?

AED 765,000 on 10 March 2021: AED 1,147 per sqft for 667 sqft. The unit has 2 registered sales; the first was AED 1,445,940 in June 2009.

What is the rent for unit 702?

AED 85,000 a year on the contract signed on 19 August 2026. The previous contract, from February 2025, was AED 105,000; the unit has been rented since November 2022.

How big is unit 702?

667 sqft (62.0 sqm): a one-bedroom apartment on the 7th floor of a 22-storey tower completed in 2020.

What is unit 702 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 702, The Pad Tower

Starts from the last sale price (AED 765K, 10 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 765,000
Deposit, UAE resident (20%)
AED 153,000
Deposit, non-resident (40%)
AED 306,000
Monthly over 25 years at 3.7%
AED 3,130

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