Home
Dubai prices
About
Research
1-bed · 1,375 sqftThe Pad Tower, Business Bay · completed 2020

P02, The Pad Tower

Sold prices and rental history: sold 3 times, last in March 2025, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P02 · DLD and Ejari recordsUpdated 27 March 2025
Last soldAED 2M27 March 2025
Current rentAED 78K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow P02

Property timeline for P02, The Pad Tower

What is P02 worth today?

Last sold for AED 2,000,000 in 2025

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

27 Mar 2025SoldReady
AED 2,000,000AED 1,454 per sqft
1 Jul 2024RentedRenewal
AED 77,700/yr12 months · AED 56 per sqft
1 Jul 2023RentedRenewal
AED 74,000/yr12 months · AED 54 per sqft
1 Jul 2022RentedRenewal
AED 74,000/yr12 months · AED 54 per sqft
1 May 2021RentedNew contract
AED 74,000/yr14 months · AED 54 per sqft
22 Mar 2017SoldOff-plan
AED 1,550,000AED 1,127 per sqft
17 Jul 2014Sold by developerOff-plan
AED 2,231,796AED 1,623 per sqft

Source: Dubai Land Department. Updated 27 March 2025.

Key facts

Type
1-bed apartment
Size
1,375 sqft
Parking
B3-119
Developer
Pad Properties Nine
Completed
2020
Service charge
AED 25,000 /yr
Last sold
AED 2M · March 2025
Building
The Pad Tower

About P02, The Pad Tower

P02 is a one-bedroom apartment of 1,375 sqft of The Pad Tower, a 22-storey tower in Business Bay completed in 2020 by Pad Properties Nine. It last sold on 27 March 2025 for AED 2,000,000, or AED 1,454 per sqft, 32% below the AED 2,149 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 1 July 2024, is AED 77,700 a year: a gross yield of 3.9% on the 2025 price, before the service charge of about AED 25,000 a year.

Sales and rents for P02 over time

Sales
Unit P02, 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, July 2014: AED 2,231,796 (AED 1,623 per sqft)Sold, March 2017: AED 1,550,000 (AED 1,127 per sqft)Sold, March 2025: AED 2,000,000 (AED 1,454 per sqft)

P02 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit P02, 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 90,000New contract, May 2021: AED 74,000 a yearRenewal, July 2022: AED 74,000 a yearRenewal, July 2023: AED 74,000 a yearRenewal, July 2024: AED 77,700 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 P02 sits

All 200 1-beds →

P02 last sold in March 2025 at AED 1,454 per sqft, 32% below 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. P02's AED 77,700 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 →

P02, The Pad Tower in numbers

  • Sold 3 times: first on 17 July 2014 for AED 2,231,796, last on 27 March 2025 for AED 2,000,000 (AED 1,454 per sqft).
  • Rented since May 2021 on 4 Ejari contracts, from AED 74,000 to AED 77,700 a year.
  • At AED 77,700 a year the gross yield on the 2025 price is 3.9%, before a service charge of about AED 25,000 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 27 March 2025.

Questions about P02, The Pad Tower

What did unit P02 last sell for?

AED 2,000,000 on 27 March 2025: AED 1,454 per sqft for 1,375 sqft. The unit has 3 registered sales; the first was AED 2,231,796 in July 2014.

What is the rent for unit P02?

AED 77,700 a year on the contract renewed on 1 July 2024. The previous contract, from July 2023, was AED 74,000; the unit has been rented since May 2021.

How big is unit P02?

1,375 sqft (127.7 sqm): a one-bedroom apartment of a 22-storey tower completed in 2020.

What is unit P02 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.

Selling P02? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on P02, The Pad Tower

Starts from the last sale price (AED 2M, 27 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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