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

M03, The Pad Tower

Sold prices and rental history: sold once, by the developer in June 2009, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit M03 · DLD and Ejari recordsUpdated 1 June 2009
Last soldAED 2.53M1 June 2009
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for M03, The Pad Tower

What is M03 worth today?

Last sold for AED 2,527,842 in 2009

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1 Jun 2009Sold by developerOff-plan
AED 2,527,842AED 3,868 per sqft

Source: Dubai Land Department. Updated 1 June 2009.

Key facts

Type
1-bed apartment
Size
653 sqft
Floor
Ground of 22
Parking
B3-39
Developer
Pad Properties Nine
Completed
2020
Service charge
AED 11,900 /yr
Last sold
AED 2.53M · June 2009

About M03, The Pad Tower

M03 is a one-bedroom apartment of 653 sqft on the ground floor of The Pad Tower, a 22-storey tower in Business Bay completed in 2020 by Pad Properties Nine. The developer sold it on 1 June 2009 for AED 2,527,842, or AED 3,868 per sqft, 77% above the AED 2,191 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for M03 over time

Sales
Unit M03, each saleTypical one-bed in The Pad Tower
1M2M2009201420192024Typical 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 2,527,842 (AED 3,868 per sqft)

M03 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit M03, 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 M03 sits

All 200 1-beds →

M03 last sold in June 2009 at AED 3,868 per sqft, 77% above what one-beds in The Pad Tower were fetching at the time (AED 2,191). 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 ground floor

All 242 units in The Pad Tower
Value
M012-bedAED 3.48M · Oct 2016
M021-bedAED 1.48M · Sep 2025
M041-bedAED 1.56M · Jul 2026
M051-bedAED 1.59M · Oct 2025
M061-bedAED 1.45M · May 2025
M071-bedAED 1.33M · Oct 2022
M081-bedAED 890K · Jul 2022
1–7 of 10

M03, The Pad Tower in numbers

  • Sold once: by Pad Properties Nine on 1 June 2009 for AED 2,527,842, or AED 3,868 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 1 June 2009.

Questions about M03, The Pad Tower

What did unit M03 last sell for?

AED 2,527,842 on 1 June 2009, sold by the developer: AED 3,868 per sqft for 653 sqft. It is the only registered sale of the unit.

How big is unit M03?

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

What is unit M03 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 M03, The Pad Tower

Starts from the last sale price (AED 2.53M, 1 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 2,527,842
Deposit, UAE resident (20%)
AED 505,568
Deposit, non-resident (40%)
AED 1,011,137
Monthly over 25 years at 3.7%
AED 10,342

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