M02, The Pad Tower
Sold prices and rental history: sold twice, last in September 2025, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for M02, The Pad Tower
What is M02 worth today?
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Source: Dubai Land Department. Updated 24 September 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 667 sqft
- Floor
- Ground of 22
- Parking
- B3-40
- Developer
- Pad Properties Nine
- Completed
- 2020
- Service charge
- AED 12,100 /yr
- Last sold
- AED 1.48M · September 2025
- Building
- The Pad Tower
About M02, The Pad Tower
M02 is a one-bedroom apartment of 667 sqft on the ground floor of The Pad Tower, a 22-storey tower in Business Bay completed in 2020 by Pad Properties Nine. It last sold on 24 September 2025 for AED 1,475,000, or AED 2,211 per sqft, in line with the AED 2,149 one-beds in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 9 September 2023, is AED 68,250 a year: a gross yield of 4.6% on the 2025 price, before the service charge of about AED 12,100 a year.
Sales and rents for M02 over time
M02 has sold twice; the dashed line is the one-bed median of each year in the building.
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 M02 sits
All 200 1-beds →M02 last sold in September 2025 at AED 2,211 per sqft, in line with 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. M02's AED 68,250 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Sep 20261 September 2026 | 648 sqft | 1,440,000 | 2,220 | ||
| 13 Aug 202613 August 2026 | 654 sqft | 1,450,000 | 2,218 | ||
| 6 Aug 20266 August 2026 | 667 sqft | 20,824 | 31 | ||
| 29 Jul 202629 July 2026 | 663 sqft | 3,418 | 5 |
The Pad Tower
Building242 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%
Other units on the ground floor
All 242 units in The Pad Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| M01 | 2-bed | 1,193 sqft | AED 3.48MAED 3,482,595 · Oct 2016October 2016 | ||
| M03 | 1-bed | 653 sqft | AED 2.53MAED 2,527,842 · Jun 2009June 2009 | ||
| M04 | 1-bed | 653 sqft | AED 1.56MAED 1,560,000 · Jul 2026July 2026 | 90,000 /yr | |
| M05 | 1-bed | 653 sqft | AED 1.59MAED 1,593,000 · Oct 2025October 2025 | 80,000 /yr | |
| M06 | 1-bed | 656 sqft | AED 1.45MAED 1,450,000 · May 2025May 2025 | 110,000 /yr | |
| M07 | 1-bed | 667 sqft | AED 1.33MAED 1,334,333 · Oct 2022October 2022 | 100,000 /yr | |
| M08 | 1-bed | 652 sqft | AED 890KAED 890,000 · Jul 2022July 2022 | 130,000 /yr | |
| M09 | 1-bed | 654 sqft | AED 1.74MAED 1,740,000 · Jul 2024July 2024 | ||
| M10 | 1-bed | 670 sqft | AED 1.78MAED 1,782,000 · Jul 2024July 2024 | ||
| M11 | 2-bed | 1,191 sqft | AED 3.48MAED 3,482,595 · Oct 2016October 2016 |
M02, The Pad Tower in numbers
- Sold twice: first on 1 June 2009 for AED 2,518,763, last on 24 September 2025 for AED 1,475,000 (AED 2,211 per sqft).
- Rented since September 2021 on 3 Ejari contracts, from AED 65,000 to AED 68,250 a year.
- At AED 68,250 a year the gross yield on the 2025 price is 4.6%, 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 24 September 2025.
Questions about M02, The Pad Tower
What did unit M02 last sell for?
AED 1,475,000 on 24 September 2025: AED 2,211 per sqft for 667 sqft. The unit has 2 registered sales; the first was AED 2,518,763 in June 2009.
What is the rent for unit M02?
AED 68,250 a year on the contract renewed on 9 September 2023. The previous contract, from September 2022, was AED 68,250; the unit has been rented since September 2021.
How big is unit M02?
667 sqft (62.0 sqm): a one-bedroom apartment on the ground floor of a 22-storey tower completed in 2020.
What is unit M02 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 M02, The Pad Tower
Starts from the last sale price (AED 1.48M, 24 September 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,475,000
- Deposit, UAE resident (20%)
- AED 295,000
- Deposit, non-resident (40%)
- AED 590,000
- Monthly over 25 years at 3.7%
- AED 6,035
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →