M08, The Pad Tower
Sold prices and rental history: sold twice, last in July 2022, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for M08, The Pad Tower
What is M08 worth today?
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Source: Dubai Land Department. Updated 10 November 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 652 sqft
- Floor
- Ground of 22
- Parking
- B3-41
- Developer
- Pad Properties Nine
- Completed
- 2020
- Service charge
- AED 11,800 /yr
- Last sold
- AED 890K · July 2022
- Building
- The Pad Tower
About M08, The Pad Tower
M08 is a one-bedroom apartment of 652 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 2022 for AED 890,000, or AED 1,365 per sqft, 6% above the AED 1,287 one-beds in the building were fetching at the time.
It has been rented continuously since 2024 on 6 Ejari contracts. The current contract, signed on 10 November 2025, is AED 130,000 a year: a gross yield of 14.6% on the 2022 price, before the service charge of about AED 11,800 a year.
Sales and rents for M08 over time
M08 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 M08 sits
All 200 1-beds →M08 last sold in July 2022 at AED 1,365 per sqft, 6% above what one-beds in The Pad Tower were fetching at the time (AED 1,287). 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. M08's AED 130,000 is in the upper 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 | ||
| M02 | 1-bed | 667 sqft | AED 1.48MAED 1,475,000 · Sep 2025September 2025 | 68,250 /yr | |
| 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 | |
| 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 |
M08, The Pad Tower in numbers
- Sold twice: first on 1 June 2009 for AED 1,549,872, last on 1 July 2022 for AED 890,000 (AED 1,365 per sqft).
- Rented since January 2024 on 6 Ejari contracts. The rent fell from AED 140,000 to AED 110,000 in 2024 and recovered to AED 130,000 by November 2025.
- At AED 130,000 a year the gross yield on the 2022 price is 14.6%, before a service charge of about AED 11,800 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 10 November 2025.
Questions about M08, The Pad Tower
What did unit M08 last sell for?
AED 890,000 on 1 July 2022: AED 1,365 per sqft for 652 sqft. The unit has 2 registered sales; the first was AED 1,549,872 in June 2009.
What is the rent for unit M08?
AED 130,000 a year on the contract signed on 10 November 2025. The previous contract, from April 2025, was AED 120,000; the unit has been rented since January 2024.
How big is unit M08?
652 sqft (60.6 sqm): a one-bedroom apartment on the ground floor of a 22-storey tower completed in 2020.
What is unit M08 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 M08, The Pad Tower
Starts from the last sale price (AED 890K, 1 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 890,000
- Deposit, UAE resident (20%)
- AED 178,000
- Deposit, non-resident (40%)
- AED 356,000
- Monthly over 25 years at 3.7%
- AED 3,641
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →