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1-bed · 640 sqftThe Pad Tower, Business Bay · 7th floor · completed 2020

708, The Pad Tower

Sold prices and rental history: sold twice, last in March 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708 · DLD and Ejari recordsUpdated 6 March 2023
Last soldAED 1.41M6 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 708, The Pad Tower

What is 708 worth today?

Last sold for AED 1,407,101 in 2023

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6 Mar 2023SoldReady
AED 1,407,101AED 2,199 per sqft
6 Jul 2022Sold by developerReady
AED 767,508AED 1,199 per sqft

Source: Dubai Land Department. Updated 6 March 2023.

Key facts

Type
1-bed apartment
Size
640 sqft
Floor
7th of 22
Parking
B3-84
Developer
Pad Properties Nine
Completed
2020
Service charge
AED 11,600 /yr
Last sold
AED 1.41M · March 2023
Building
The Pad Tower

About 708, The Pad Tower

708 is a one-bedroom apartment of 640 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 6 March 2023 for AED 1,407,101, or AED 2,199 per sqft, 44% above the AED 1,530 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 708 over time

Sales
Unit 708, 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, July 2022: AED 767,508 (AED 1,199 per sqft)Sold, March 2023: AED 1,407,101 (AED 2,199 per sqft)

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

Rents
Unit 708, 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 90,000

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 708 sits

All 200 1-beds →

708 last sold in March 2023 at AED 2,199 per sqft, 44% above what one-beds in The Pad Tower were fetching at the time (AED 1,530). 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.

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
7041-bedAED 1.62M · Apr 2025
7051-bedAED 1.47M · Jun 2009
7061-bedAED 1.13M · Aug 2022
7071-bedAED 1.36M · Jun 2009
1–7 of 10

708, The Pad Tower in numbers

  • Sold twice: first on 6 July 2022 for AED 767,508, last on 6 March 2023 for AED 1,407,101 (AED 2,199 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 6 March 2023.

Questions about 708, The Pad Tower

What did unit 708 last sell for?

AED 1,407,101 on 6 March 2023: AED 2,199 per sqft for 640 sqft. The unit has 2 registered sales; the first was AED 767,508 in July 2022.

How big is unit 708?

640 sqft (59.5 sqm): a one-bedroom apartment on the 7th floor of a 22-storey tower completed in 2020.

What is unit 708 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 708, The Pad Tower

Starts from the last sale price (AED 1.41M, 6 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,407,101
Deposit, UAE resident (20%)
AED 281,420
Deposit, non-resident (40%)
AED 562,840
Monthly over 25 years at 3.7%
AED 5,757

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