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

M04, The Pad Tower

Sold prices and rental history: sold 3 times, last in July 2026, and rented once, from September 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit M04 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 1.56M1 July 2026
Current rentAED 90K /yr15 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for M04, The Pad Tower

What is M04 worth today?

Last sold for AED 1,560,000 in 2026

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1 Jul 2026SoldReady
AED 1,560,000AED 2,387 per sqft
16 Jan 2026SoldReady
AED 1,560,000AED 2,387 per sqft
15 Sep 2024RentedRenewal
AED 90,000/yr12 months · AED 137 per sqft
1 Jun 2009Sold by developerOff-plan
AED 2,701,563AED 4,134 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
1-bed apartment
Size
653 sqft
Floor
Ground of 22
Parking
B2-39
Developer
Pad Properties Nine
Completed
2020
Service charge
AED 11,900 /yr
Last sold
AED 1.56M · July 2026

About M04, The Pad Tower

M04 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. It last sold on 1 July 2026 for AED 1,560,000, or AED 2,387 per sqft, in line with the AED 2,400 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 September 2024. The current contract, renewed on 15 September 2024, is AED 90,000 a year: a gross yield of 5.8% on the 2026 price, before the service charge of about AED 11,900 a year.

Sales and rents for M04 over time

Sales
Unit M04, each saleTypical one-bed in The Pad Tower
1M2M3M2009201420192024Typical 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 2,701,563 (AED 4,134 per sqft)Sold, January 2026: AED 1,560,000 (AED 2,387 per sqft)Sold, July 2026: AED 1,560,000 (AED 2,387 per sqft)

M04 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit M04, 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 90,000Renewal, September 2024: AED 90,000 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 M04 sits

All 200 1-beds →

M04 last sold in July 2026 at AED 2,387 per sqft, in line with what one-beds in The Pad Tower were fetching at the time (AED 2,400). 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. M04's AED 90,000 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 ground floor

All 242 units in The Pad Tower
Value
M012-bedAED 3.48M · Oct 2016
M021-bedAED 1.48M · Sep 2025
M031-bedAED 2.53M · Jun 2009
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

M04, The Pad Tower in numbers

  • Sold 3 times: first on 1 June 2009 for AED 2,701,563, last on 1 July 2026 for AED 1,560,000 (AED 2,387 per sqft).
  • Rented since September 2024 on one Ejari contract, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2026 price is 5.8%, 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 1 July 2026.

Questions about M04, The Pad Tower

What did unit M04 last sell for?

AED 1,560,000 on 1 July 2026: AED 2,387 per sqft for 653 sqft. The unit has 3 registered sales; the first was AED 2,701,563 in June 2009.

What is the rent for unit M04?

AED 90,000 a year on the contract renewed on 15 September 2024.

How big is unit M04?

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

What is unit M04 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 M04, The Pad Tower

Starts from the last sale price (AED 1.56M, 1 July 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,560,000
Deposit, UAE resident (20%)
AED 312,000
Deposit, non-resident (40%)
AED 624,000
Monthly over 25 years at 3.7%
AED 6,382

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