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1-bed · 648 sqftThe Pad Tower, Business Bay · 11th floor · completed 2020

1106, The Pad Tower

Sold prices and rental history: sold 3 times, last in December 2023, and rented once, from July 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1106 · DLD and Ejari recordsUpdated 26 December 2023
Last soldAED 1.45M26 December 2023
Current rentAED 55K /yr2 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1106, The Pad Tower

What is 1106 worth today?

Last sold for AED 1,450,000 in 2023

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26 Dec 2023SoldReady
AED 1,450,000AED 2,236 per sqft
2 Jul 2021RentedNew contract
AED 55,000/yr12 months · AED 85 per sqft
13 Nov 2017SoldOff-plan
AED 1,080,000AED 1,665 per sqft
1 Jun 2009Sold by developerOff-plan
AED 1,432,072AED 2,208 per sqft

Source: Dubai Land Department. Updated 26 December 2023.

Key facts

Type
1-bed apartment
Size
648 sqft
Floor
11th of 22
Parking
B3-59
Developer
Pad Properties Nine
Completed
2020
Service charge
AED 11,800 /yr
Last sold
AED 1.45M · December 2023
Building
The Pad Tower

About 1106, The Pad Tower

1106 is a one-bedroom apartment of 648 sqft on the 11th floor of The Pad Tower, a 22-storey tower in Business Bay completed in 2020 by Pad Properties Nine. It last sold on 26 December 2023 for AED 1,450,000, or AED 2,236 per sqft, 15% above the AED 1,951 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 2 July 2021. The current contract, signed on 2 July 2021, is AED 55,000 a year: a gross yield of 3.8% on the 2023 price, before the service charge of about AED 11,800 a year.

Sales and rents for 1106 over time

Sales
Unit 1106, each saleTypical one-bed in The Pad Tower
1M1.5M2009201420192024Typical 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, June 2009: AED 1,432,072 (AED 2,208 per sqft)Sold, November 2017: AED 1,080,000 (AED 1,665 per sqft)Sold, December 2023: AED 1,450,000 (AED 2,236 per sqft)

1106 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1106, each contractTypical one-bed in The Pad Tower
50K75K100K2021202320252027Typical 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, July 2021: AED 55,000 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 1106 sits

All 200 1-beds →

1106 last sold in December 2023 at AED 2,236 per sqft, 15% above what one-beds in The Pad Tower were fetching at the time (AED 1,951). 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. 1106's AED 55,000 is at the bottom 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 →

Other units on the 11th floor

All 242 units in The Pad Tower
Value
11012-bedAED 2.3M · Dec 2025
11021-bedAED 1.81M · Jun 2009
11031-bedAED 900K · Dec 2021
11041-bedAED 1.4M · Oct 2024
11051-bedAED 1.47M · Jun 2009
11071-bedAED 1.38M · Jun 2009
11081-bedAED 1.35M · Oct 2025
1–7 of 10

1106, The Pad Tower in numbers

  • Sold 3 times: first on 1 June 2009 for AED 1,432,072, last on 26 December 2023 for AED 1,450,000 (AED 2,236 per sqft).
  • Rented since July 2021 on one Ejari contract, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2023 price is 3.8%, before a service charge of about AED 11,800 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 26 December 2023.

Questions about 1106, The Pad Tower

What did unit 1106 last sell for?

AED 1,450,000 on 26 December 2023: AED 2,236 per sqft for 648 sqft. The unit has 3 registered sales; the first was AED 1,432,072 in June 2009.

What is the rent for unit 1106?

AED 55,000 a year on the contract signed on 2 July 2021.

How big is unit 1106?

648 sqft (60.2 sqm): a one-bedroom apartment on the 11th floor of a 22-storey tower completed in 2020.

What is unit 1106 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 1106, The Pad Tower

Starts from the last sale price (AED 1.45M, 26 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

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