1-bed · 653 sqftThe Pad Tower, Business Bay · 7th floor · completed 2020

703, The Pad Tower

Sold prices and rental history: sold twice, last in December 2019, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 5 August 2026
Last soldAED 700K22 December 2019
Current rentAED 93K /yr5 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, The Pad Tower

What is 703 worth today?

Last sold for AED 700,000 in 2019

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5 Aug 2026RentedRenewal
AED 93,000/yr12 months · AED 142 per sqft
5 Aug 2025RentedRenewal
AED 93,000/yr12 months · AED 142 per sqft
5 Aug 2024RentedRenewal
AED 90,000/yr12 months · AED 137 per sqft
5 Aug 2023RentedNew contract
AED 90,000/yr12 months · AED 137 per sqft
17 Apr 2021RentedNew contract
AED 54,000/yr12 months · AED 82 per sqft
22 Dec 2019SoldOff-plan
AED 700,000AED 1,071 per sqft
1 Jun 2009Sold by developerOff-plan
AED 1,470,471AED 2,250 per sqft

Source: Dubai Land Department. Updated 5 August 2026.

Key facts

Type
1-bed apartment
Size
653 sqft
Floor
7th of 22
Parking
B3-118
Developer
Pad Properties Nine
Completed
2020
Service charge
AED 11,900 /yr
Last sold
AED 700K · December 2019

About 703, The Pad Tower

703 is a one-bedroom apartment of 653 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 22 December 2019 for AED 700,000, or AED 1,071 per sqft, 49% below the AED 2,099 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 5 August 2026, is AED 93,000 a year: a gross yield of 13.3% on the 2019 price, before the service charge of about AED 11,900 a year.

Sales and rents for 703 over time

Sales
Unit 703, 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 1,470,471 (AED 2,250 per sqft)Sold, December 2019: AED 700,000 (AED 1,071 per sqft)

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

Rents
Unit 703, 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, April 2021: AED 54,000 a yearNew contract, August 2023: AED 90,000 a yearRenewal, August 2024: AED 90,000 a yearRenewal, August 2025: AED 93,000 a yearRenewal, August 2026: AED 93,000 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 703 sits

All 200 1-beds →

703 last sold in December 2019 at AED 1,071 per sqft, 49% below what one-beds in The Pad Tower were fetching at the time (AED 2,099). 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. 703's AED 93,000 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
7021-bedAED 765K · Mar 2021
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

703, The Pad Tower in numbers

  • Sold twice: first on 1 June 2009 for AED 1,470,471, last on 22 December 2019 for AED 700,000 (AED 1,071 per sqft).
  • Rented since April 2021 on 5 Ejari contracts, from AED 54,000 to AED 93,000 a year.
  • At AED 93,000 a year the gross yield on the 2019 price is 13.3%, 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 5 August 2026.

Questions about 703, The Pad Tower

What did unit 703 last sell for?

AED 700,000 on 22 December 2019: AED 1,071 per sqft for 653 sqft. The unit has 2 registered sales; the first was AED 1,470,471 in June 2009.

What is the rent for unit 703?

AED 93,000 a year on the contract renewed on 5 August 2026. The previous contract, from August 2025, was AED 93,000; the unit has been rented since April 2021.

How big is unit 703?

653 sqft (60.7 sqm): a one-bedroom apartment on the 7th floor of a 22-storey tower completed in 2020.

What is unit 703 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 703, The Pad Tower

Starts from the last sale price (AED 700K, 22 December 2019). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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