The Pad in Business Bay - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in The Pad

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
1	61	19,327	1,185,330
2	113	23,225	2,625,370

Rents in The Pad

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
1	58	1,661	97,000

The cap rate (rental yield) of investments into The Pad project is 7.8% on average.

The price of an apartment in The Pad is 21,197 AED/sqm on average.

The long term rent of an apartment in The Pad is 1,661 AED/sqm/year on average.

Price for completed 1 bedroom apartment in The Pad is 1,185,330 AED or 19,327 AED/sqm.
Price for completed 2 bedroom apartment in The Pad is 2,625,370 AED or 23,225 AED/sqm.

Rent for 1 bedroom apartment in The Pad is 97,000 AED or 1,661 AED/sqm.

About The Pad

'The Pad' in 'Business Bay' area project description

The Pad is a unique, innovative project located in Dubai, United Arab Emirates. It is a residential complex that is designed to provide a luxurious and modern living experience for its residents. The Pad is located in the heart of Dubai’s Business Bay area, providing easy access to the city’s many attractions. The project is a collaboration between Emaar Properties, a leading real estate developer in the region, and the Dubai government.

The Pad consists of two towers, each with its own distinct style and design. The first tower, The Pad Tower, is a modern, high-rise building that features a unique curved design. The second tower, The Pad Residences, is a more traditional building with a more traditional design. Both towers feature a variety of amenities, including a swimming pool, a gym, a spa, and a rooftop terrace.

The Pad also offers a variety of luxury amenities, such as a 24-hour concierge service, a private cinema, and a private lounge. The complex also features a variety of restaurants, cafes, and bars, as well as a variety of retail outlets. The Pad also offers a variety of recreational activities, such as a golf course, a tennis court, and a basketball court.

The Pad is designed to provide an exclusive and luxurious living experience for its residents. The project is designed to provide a modern and contemporary lifestyle, with a focus on comfort and convenience. The Pad is a great example of how Dubai is striving to become a modern and vibrant city. The project is a testament to the city’s commitment to creating a vibrant and luxurious lifestyle for its residents.

Q&A on The Pad

What are the advantages of 'The Pad' project in Dubai for property buyers? What are the disadvantages?

1. Increased Affordability: The Pad project in Dubai offers buyers the opportunity to purchase real estate at a much lower price point than traditional real estate options. This makes it easier for buyers to purchase real estate in the city.

2. Flexible Payment Options: The Pad project in Dubai offers buyers flexible payment options, allowing them to pay for their real estate in installments. This makes it easier for buyers to manage their finances and purchase real estate without having to make a large upfront payment.

3. Increased Choice: The Pad project in Dubai offers buyers a wide range of real estate options, from apartments to villas. This allows buyers to find the perfect property for their needs and budget.

4. Quality Construction: The Pad project in Dubai is built to the highest standards, ensuring that buyers get a quality product that will last for years to come.

5. Proximity to Amenities: The Pad project in Dubai is located close to a range of amenities, such as shopping malls, restaurants, and entertainment venues. This makes it easy for buyers to access the amenities they need.

What projects are better than 'The Pad' project in Dubai which are located close by, and why?

- The Opus by Omniyat: Known for its signature design by the late Zaha Hadid, The Opus offers an avant-garde architectural experience combined with luxury residences and office spaces. The project's unique aesthetic and high-end amenities set it apart.

- Paramount Tower Hotel & Residences: This project combines Hollywood glamour with luxury living. The branded residences and high-quality finishes, alongside five-star amenities, make it a compelling option. Its integrated hotel services add value for residents.

- AYKON City by DAMAC: Featuring a mix of residential, hotel, and commercial spaces, AYKON City offers an integrated lifestyle experience. The project is particularly notable for its luxury amenities, such as swimming pools, leisure decks, and a glass-floored viewing deck.

- SLS Dubai Hotel & Residences: This project stands out due to its distinctive design and luxurious hospitality. The SLS brand ensures high standards in both the hotel and residential spaces, along with world-class dining and leisure facilities.

- Bay Square: This low-rise, mixed-use community offers a combination of retail, residential, and office spaces in a pedestrian-friendly environment. The blend of convenience and modern living appeals to both residents and businesses.

- Ubora Towers: Known for their smart home technology and eco-friendly design, Ubora Towers combine state-of-the-art features with sustainability. The project offers a variety of residential, office, and retail spaces, contributing to its appeal.

- Executive Towers: A well-established community within Business Bay, Executive Towers offer a mix of residential, office, and retail spaces. The project's central location and comprehensive amenities, including parks and retail outlets, make it attractive for both families and professionals.