2-bed · 1,216 sqftThe Pad Tower, Business Bay · 11th floor · completed 2020

1111, The Pad Tower

Sold prices and rental history: sold once, by the developer in June 2009, and rented once, from February 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1111 · DLD and Ejari recordsUpdated 20 February 2025
Last soldAED 3.37M1 June 2009
Current rentAED 170K /yr20 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1111, The Pad Tower

What is 1111 worth today?

Last sold for AED 3,371,152 in 2009

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

20 Feb 2025RentedRenewal
AED 170,000/yr12 months · AED 140 per sqft
1 Jun 2009Sold by developerOff-plan
AED 3,371,152AED 2,772 per sqft

Source: Dubai Land Department. Updated 20 February 2025.

Key facts

Type
2-bed apartment
Size
1,216 sqft
Floor
11th of 22
Parking
B2-86
Developer
Pad Properties Nine
Completed
2020
Service charge
AED 22,100 /yr
Last sold
AED 3.37M · June 2009

About 1111, The Pad Tower

1111 is a two-bedroom apartment of 1,216 sqft on the 11th floor of The Pad Tower, a 22-storey tower in Business Bay completed in 2020 by Pad Properties Nine. The developer sold it on 1 June 2009 for AED 3,371,152, or AED 2,772 per sqft, 11% above the AED 2,508 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 February 2025. The current contract, renewed on 20 February 2025, is AED 170,000 a year: a gross yield of 5.0% on the 2009 price, before the service charge of about AED 22,100 a year.

Sales and rents for 1111 over time

Sales
Unit 1111, 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, June 2009: AED 3,371,152 (AED 2,772 per sqft)

1111 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1111, 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 165,000Renewal, February 2025: AED 170,000 a year

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 1111 sits

All 50 2-beds →

1111 last sold in June 2009 at AED 2,772 per sqft, 11% above what two-beds in The Pad Tower were fetching at the time (AED 2,508). 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. 1111's AED 170,000 is in the upper half of that range.

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 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
11061-bedAED 1.45M · Dec 2023
11071-bedAED 1.38M · Jun 2009
1–7 of 10

1111, The Pad Tower in numbers

  • Sold once: by Pad Properties Nine on 1 June 2009 for AED 3,371,152, or AED 2,772 per sqft.
  • Rented since February 2025 on one Ejari contract, at AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2009 price is 5.0%, 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 20 February 2025.

Questions about 1111, The Pad Tower

What did unit 1111 last sell for?

AED 3,371,152 on 1 June 2009, sold by the developer: AED 2,772 per sqft for 1,216 sqft. It is the only registered sale of the unit.

What is the rent for unit 1111?

AED 170,000 a year on the contract renewed on 20 February 2025.

How big is unit 1111?

1,216 sqft (113.0 sqm): a two-bedroom apartment on the 11th floor of a 22-storey tower completed in 2020.

What is unit 1111 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.

Selling 1111? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1111, The Pad Tower

Starts from the last sale price (AED 3.37M, 1 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 3,371,152
Deposit, UAE resident (20%)
AED 674,230
Deposit, non-resident (40%)
AED 1,348,461
Monthly over 25 years at 3.7%
AED 13,792

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