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

704, The Pad Tower

Sold prices and rental history: sold 3 times, last in April 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 28 April 2025
Last soldAED 1.62M28 April 2025
Current rentAED 85K /yr15 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, The Pad Tower

What is 704 worth today?

Last sold for AED 1,622,968 in 2025

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28 Apr 2025SoldReady
AED 1,622,968AED 2,484 per sqft
31 Oct 2024SoldReady
AED 1,404,743AED 2,149 per sqft
15 Feb 2023RentedRenewal
AED 85,000/yr12 months · AED 130 per sqft
15 Feb 2022RentedNew contract
AED 85,000/yr12 months · AED 130 per sqft
20 Dec 2018Sold by developerOff-plan
AED 1,372,074AED 2,099 per sqft

Source: Dubai Land Department. Updated 28 April 2025.

Key facts

Type
1-bed apartment
Size
653 sqft
Floor
7th of 22
Parking
B3-117
Developer
Pad Properties Nine
Completed
2020
Service charge
AED 11,900 /yr
Last sold
AED 1.62M · April 2025

About 704, The Pad Tower

704 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 28 April 2025 for AED 1,622,968, or AED 2,484 per sqft, 16% above the AED 2,149 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 15 February 2023, is AED 85,000 a year: a gross yield of 5.2% on the 2025 price, before the service charge of about AED 11,900 a year.

Sales and rents for 704 over time

Sales
Unit 704, 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, December 2018: AED 1,372,074 (AED 2,099 per sqft)Sold, October 2024: AED 1,404,743 (AED 2,149 per sqft)Sold, April 2025: AED 1,622,968 (AED 2,484 per sqft)

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

Rents
Unit 704, 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, February 2022: AED 85,000 a yearRenewal, February 2023: 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 704 sits

All 200 1-beds →

704 last sold in April 2025 at AED 2,484 per sqft, 16% above what one-beds in The Pad Tower were fetching at the time (AED 2,149). 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. 704'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
7021-bedAED 765K · Mar 2021
7031-bedAED 700K · Dec 2019
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

704, The Pad Tower in numbers

  • Sold 3 times: first on 20 December 2018 for AED 1,372,074, last on 28 April 2025 for AED 1,622,968 (AED 2,484 per sqft).
  • Rented since February 2022 on 2 Ejari contracts, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2025 price is 5.2%, 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 28 April 2025.

Questions about 704, The Pad Tower

What did unit 704 last sell for?

AED 1,622,968 on 28 April 2025: AED 2,484 per sqft for 653 sqft. The unit has 3 registered sales; the first was AED 1,372,074 in December 2018.

What is the rent for unit 704?

AED 85,000 a year on the contract renewed on 15 February 2023. The previous contract, from February 2022, was AED 85,000.

How big is unit 704?

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

What is unit 704 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 704, The Pad Tower

Starts from the last sale price (AED 1.62M, 28 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,622,968
Deposit, UAE resident (20%)
AED 324,594
Deposit, non-resident (40%)
AED 649,187
Monthly over 25 years at 3.7%
AED 6,640

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