111, The Pad Tower
Sold prices and rental history: sold twice, last in October 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 111, The Pad Tower
What is 111 worth today?
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Source: Dubai Land Department. Updated 31 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,216 sqft
- Floor
- 1st of 22
- Parking
- B3-113
- Developer
- Pad Properties Nine
- Completed
- 2020
- Service charge
- AED 22,100 /yr
- Last sold
- AED 2.61M · October 2024
- Building
- The Pad Tower
About 111, The Pad Tower
111 is a two-bedroom apartment of 1,216 sqft on the 1st floor of The Pad Tower, a 22-storey tower in Business Bay completed in 2020 by Pad Properties Nine. It last sold on 31 October 2024 for AED 2,613,932, or AED 2,149 per sqft, in line with the AED 2,149 two-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 15 March 2024, is AED 165,000 a year: a gross yield of 6.3% on the 2024 price, before the service charge of about AED 22,100 a year.
Sales and rents for 111 over time
111 has sold twice; the dashed line is the two-bed median of each year in the building.
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 111 sits
All 50 2-beds →111 last sold in October 2024 at AED 2,149 per sqft, in line with what two-beds in The Pad Tower were fetching at the time (AED 2,149). 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. 111's AED 165,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Sep 20267 September 2026 | 1,474 sqft | 3,414,300 | 2,316 | ||
| 22 Apr 202622 April 2026 | 415 sqft | 1,100,000 | 2,653 | ||
| 22 Dec 202522 December 2025 | 1,217 sqft | 2,950,740 | 2,425 | ||
| 9 Dec 20259 December 2025 | 1,217 sqft | 2,300,000 | 1,890 |
The Pad Tower
Building242 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%
Other units on the 1st floor
All 242 units in The Pad Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 2-bed | 1,217 sqft | AED 3.45MAED 3,447,711 · Oct 2016October 2016 | ||
| 102 | 1-bed | 667 sqft | AED 1.45MAED 1,445,940 · Jun 2009June 2009 | ||
| 103 | 1-bed | 653 sqft | AED 1.86MAED 1,858,260 · Oct 2023October 2023 | ||
| 104 | 1-bed | 653 sqft | AED 1.5MAED 1,500,000 · Dec 2023December 2023 | 105,000 /yr | |
| 105 | 1-bed | 653 sqft | AED 1.77MAED 1,767,000 · Feb 2024February 2024 | ||
| 106 | 1-bed | 648 sqft | AED 1.13MAED 1,125,000 · Dec 2017December 2017 | 87,000 /yr | |
| 107 | 1-bed | 667 sqft | AED 1.33MAED 1,331,609 · Jun 2009June 2009 | ||
| 108 | 1-bed | 646 sqft | AED 1.39MAED 1,387,099 · Jun 2009June 2009 | 90,000 /yr | |
| 109 | 1-bed | 654 sqft | AED 850KAED 850,000 · Jun 2022June 2022 | ||
| 110 | 1-bed | 663 sqft | AED 1.62MAED 1,617,000 · Nov 2025November 2025 | 90,000 /yr |
111, The Pad Tower in numbers
- Sold twice: first on 1 November 2018 for AED 2,553,143, last on 31 October 2024 for AED 2,613,932 (AED 2,149 per sqft).
- Rented since January 2022 on 3 Ejari contracts, from AED 110,000 to AED 165,000 a year.
- At AED 165,000 a year the gross yield on the 2024 price is 6.3%, before a service charge of about AED 22,100 a year (AED 18.16 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 31 October 2024.
Questions about 111, The Pad Tower
What did unit 111 last sell for?
AED 2,613,932 on 31 October 2024: AED 2,149 per sqft for 1,216 sqft. The unit has 2 registered sales; the first was AED 2,553,143 in November 2018.
What is the rent for unit 111?
AED 165,000 a year on the contract renewed on 15 March 2024. The previous contract, from March 2023, was AED 150,000; the unit has been rented since January 2022.
How big is unit 111?
1,216 sqft (113.0 sqm): a two-bedroom apartment on the 1st floor of a 22-storey tower completed in 2020.
What is unit 111 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 111, The Pad Tower
Starts from the last sale price (AED 2.61M, 31 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,613,932
- Deposit, UAE resident (20%)
- AED 522,786
- Deposit, non-resident (40%)
- AED 1,045,573
- Monthly over 25 years at 3.7%
- AED 10,694
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →