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1-bed · 1,136 sqftThe Pad Tower, Business Bay · completed 2020

P05, The Pad Tower

Sold prices and rental history: sold 3 times, last in April 2025, and rented once, from June 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P05 · DLD and Ejari recordsUpdated 29 April 2025
Last soldAED 1.01M29 April 2025
Current rentAED 95K /yr8 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for P05, The Pad Tower

What is P05 worth today?

Last sold for AED 1,010,000 in 2025

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29 Apr 2025SoldReady
AED 1,010,000AED 888 per sqft
8 Jun 2022RentedNew contract
AED 95,000/yr12 months · AED 83 per sqft
16 Nov 2017SoldOff-plan
AED 1,000,100AED 880 per sqft
13 Mar 2014Sold by developerOff-plan
AED 2,041,000AED 1,796 per sqft

Source: Dubai Land Department. Updated 29 April 2025.

Key facts

Type
1-bed apartment
Size
1,136 sqft
Parking
B3-66
Developer
Pad Properties Nine
Completed
2020
Service charge
AED 20,600 /yr
Last sold
AED 1.01M · April 2025
Building
The Pad Tower

About P05, The Pad Tower

P05 is a one-bedroom apartment of 1,136 sqft of The Pad Tower, a 22-storey tower in Business Bay completed in 2020 by Pad Properties Nine. It last sold on 29 April 2025 for AED 1,010,000, or AED 888 per sqft, 59% below the AED 2,149 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 8 June 2022. The current contract, signed on 8 June 2022, is AED 95,000 a year: a gross yield of 9.4% on the 2025 price, before the service charge of about AED 20,600 a year.

Sales and rents for P05 over time

Sales
Unit P05, 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, March 2014: AED 2,041,000 (AED 1,796 per sqft)Sold, November 2017: AED 1,000,100 (AED 880 per sqft)Sold, April 2025: AED 1,010,000 (AED 888 per sqft)

P05 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit P05, 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, June 2022: AED 95,000 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 P05 sits

All 200 1-beds →

P05 last sold in April 2025 at AED 888 per sqft, 59% 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. P05's AED 95,000 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 →

P05, The Pad Tower in numbers

  • Sold 3 times: first on 13 March 2014 for AED 2,041,000, last on 29 April 2025 for AED 1,010,000 (AED 888 per sqft).
  • Rented since June 2022 on one Ejari contract, at AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2025 price is 9.4%, before a service charge of about AED 20,600 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 29 April 2025.

Questions about P05, The Pad Tower

What did unit P05 last sell for?

AED 1,010,000 on 29 April 2025: AED 888 per sqft for 1,136 sqft. The unit has 3 registered sales; the first was AED 2,041,000 in March 2014.

What is the rent for unit P05?

AED 95,000 a year on the contract signed on 8 June 2022.

How big is unit P05?

1,136 sqft (105.5 sqm): a one-bedroom apartment of a 22-storey tower completed in 2020.

What is unit P05 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 P05, The Pad Tower

Starts from the last sale price (AED 1.01M, 29 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,010,000
Deposit, UAE resident (20%)
AED 202,000
Deposit, non-resident (40%)
AED 404,000
Monthly over 25 years at 3.7%
AED 4,132

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