PropertyIndex

The Pad

Completed · Q4 2020|282 units · 1 tower

Alerts: Get notified of every new DLD-registered sale and rental contract.

The Pad is a completed apartment development by PAD PROPERTIES NINE LIMITED in Business Bay, comprising 282 registered units. 536 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,198 per sqft. At AED 2,198 per sqft, The Pad prices 10% below the Business Bay average of AED 2,432 per sqft on registered sales.

PIX© price · 0.4% YoY
1.74MAED
Typical
2,198AED
PSF
Gross yield
6.6%
PIX© rent ÷ PIX© price
Sale records
536
DLD · all time
Rent contracts
633
Ejari · all time
The Pad

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
116 – 2,501 sqft
2821.74M2,1980.4%115K6.6%
Residential
1 Bed · Apartment
518 – 1,375 sqft
200
2 Bed · Apartment
1,191 – 2,443 sqft
50
3 Bed · Apartment
2,444 – 2,501 sqft
3
Commercial
Shop
747 – 2,269 sqft
12
Store
116 – 423 sqft
17
Sales — Project-Wide536 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Floor Analysis
last 24 months
Median PSF · 77 sales
Floors 1-9 · 33 sales
Floors 10-22 · 44 sales
Latest transactions
DatePositionSizePricePSFvs Prior SaleTierType
13 Aug 2026Floor 186541,450,0002,219+40.8%Entry LevelStandard Sale
1 Jul 2026Floor M6531,560,0002,388-42.3%StandardStandard Sale
23 Apr 2026Floor 96631,350,0002,036-0.6%Entry LevelStandard Sale
Rentals — Project-Wide633 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 191 rentals
Floors 1-17 · 153 rentals
Floors 18-22 · 38 rentals
Latest contracts
Start DatePositionSizeRent / YrRent PSFvs Prior RentTierType
18 Sep 202665398,000150Standardrenewal
31 Aug 202666390,000136Standardrenewal
11 Aug 2026Floor 366779,348119-9.0%Entry Levelnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Business Bay

The closest-priced registered projects in Business Bay.

Common questions about The Pad

Answered from Dubai Land Department registered transactions.

How much does a property in The Pad cost?

Property in The Pad sells at a current PIX© price of AED 2,198 per sqft, or about AED 1,737,854 for a typical unit, based on 536 sales registered with the Dubai Land Department.

Is The Pad completed?

Yes. The Pad is recorded as completed in the Dubai Land Department project register (completed q4 2020).

Who is the developer of The Pad?

The Pad is developed by PAD PROPERTIES NINE LIMITED, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in The Pad?

The Pad yields 6.6% gross, calculated from current PIX© rent against current PIX© sale price, across 633 registered Ejari contracts.

How many units are in The Pad?

The Pad holds 282 registered units, per the Dubai Land Department unit register.

Have prices in The Pad gone up or down?

Price per sqft has fallen -0.4% over the last 12 months, to AED 2,198, across 536 registered sales.