2-bed · 1,216 sqftThe Pad Tower, Business Bay · 10th floor · completed 2020

1011, The Pad Tower

Sold prices and rental history: sold once, by the developer in May 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1011 · DLD and Ejari recordsUpdated 2 May 2023
Last soldAED 2.95M2 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1011, The Pad Tower

What is 1011 worth today?

Last sold for AED 2,948,275 in 2023

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2 May 2023Sold by developerReady
AED 2,948,275AED 2,424 per sqft

Source: Dubai Land Department. Updated 2 May 2023.

Key facts

Type
2-bed apartment
Size
1,216 sqft
Floor
10th of 22
Parking
B2-112
Developer
Pad Properties Nine
Completed
2020
Service charge
AED 22,100 /yr
Last sold
AED 2.95M · May 2023

About 1011, The Pad Tower

1011 is a two-bedroom apartment of 1,216 sqft on the 10th floor of The Pad Tower, a 22-storey tower in Business Bay completed in 2020 by Pad Properties Nine. The developer sold it on 2 May 2023 for AED 2,948,275, or AED 2,424 per sqft, 53% above the AED 1,582 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1011 over time

Sales
Unit 1011, each saleTypical two-bed in The Pad Tower
2M3M2009201420192024Typical sale price by year: 2009 AED 3,050,495; 2016 AED 3,465,153; 2017 AED 2,842,165; 2018 AED 2,577,589; 2021 AED 1,597,500; 2022 AED 1,850,000; 2023 AED 2,075,000; 2024 AED 2,616,015; 2025 AED 2,710,000Sold by developer, May 2023: AED 2,948,275 (AED 2,424 per sqft)

1011 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1011, each contractTypical two-bed in The Pad Tower
125K150K175K2021202320252027Typical rent by year: 2021 AED 120,000; 2022 AED 132,500; 2023 AED 150,000; 2024 AED 165,000; 2025 AED 175,000; 2026 AED 165,000

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in The Pad Tower, and where 1011 sits

All 50 2-beds →

1011 last sold in May 2023 at AED 2,424 per sqft, 53% above what two-beds in The Pad Tower were fetching at the time (AED 1,582). Over the last 12 months two-beds sold for AED 1,100,000 to 3,414,300, around AED 2,371 per sqft, and rent for AED 129,651 to 195,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Sep 20263,414,300
22 Apr 20261,100,000
22 Dec 20252,950,740
9 Dec 20252,300,000
4 2-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 →

Other units on the 10th floor

All 242 units in The Pad Tower
Value
10012-bedAED 2.95M · Dec 2025
10021-bedAED 1.81M · Jun 2009
10031-bedAED 980K · Jun 2016
10041-bedAED 1.52M · Feb 2025
10051-bedAED 1.85M · Jun 2009
10061-bedAED 1.56M · Jan 2026
10071-bedAED 1.38M · Jun 2009
1–7 of 10

1011, The Pad Tower in numbers

  • Sold once: by Pad Properties Nine on 2 May 2023 for AED 2,948,275, or AED 2,424 per sqft.
  • Two-beds in The Pad Tower sold for AED 1,100,000–3,414,300 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 2 May 2023.

Questions about 1011, The Pad Tower

What did unit 1011 last sell for?

AED 2,948,275 on 2 May 2023, sold by the developer: AED 2,424 per sqft for 1,216 sqft. It is the only registered sale of the unit.

How big is unit 1011?

1,216 sqft (113.0 sqm): a two-bedroom apartment on the 10th floor of a 22-storey tower completed in 2020.

What is unit 1011 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Pad Tower sold for AED 1,100,000 to 3,414,300 in the last 12 months, around AED 2,371 per sqft.

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Mortgage on 1011, The Pad Tower

Starts from the last sale price (AED 2.95M, 2 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,948,275
Deposit, UAE resident (20%)
AED 589,655
Deposit, non-resident (40%)
AED 1,179,310
Monthly over 25 years at 3.7%
AED 12,062

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