Home
Dubai prices
About
Research
2-bed · 1,217 sqftThe Pad Tower, Business Bay · 12th floor · completed 2020

1201, The Pad Tower

Sold prices and rental history: sold once, by the developer in May 2016, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1201 · DLD and Ejari recordsUpdated 1 March 2026
Last soldAED 1.96M25 May 2016
Current rentAED 190K /yr1 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 1201

Property timeline for 1201, The Pad Tower

What is 1201 worth today?

Last sold for AED 1,955,000 in 2016

Unlock today's estimate, updated daily, with

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

1 Mar 2026RentedRenewal
AED 190,000/yr12 months · AED 156 per sqft
1 Mar 2025RentedNew contract
AED 175,000/yr12 months · AED 144 per sqft
15 Oct 2023RentedNew contract
AED 150,000/yr18 months · AED 123 per sqft
22 Jul 2022RentedRenewal
AED 125,000/yr12 months · AED 103 per sqft
22 Jul 2021RentedNew contract
AED 102,000/yr12 months · AED 84 per sqft
25 May 2016Sold by developerOff-plan
AED 1,955,000AED 1,606 per sqft

Source: Dubai Land Department. Updated 1 March 2026.

Key facts

Type
2-bed apartment
Size
1,217 sqft
Floor
12th of 22
Parking
B2-99
Developer
Pad Properties Nine
Completed
2020
Service charge
AED 22,100 /yr
Last sold
AED 1.96M · May 2016
Building
The Pad Tower

About 1201, The Pad Tower

1201 is a two-bedroom apartment of 1,217 sqft on the 12th floor of The Pad Tower, a 22-storey tower in Business Bay completed in 2020 by Pad Properties Nine. The developer sold it on 25 May 2016 for AED 1,955,000, or AED 1,606 per sqft.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 1 March 2026, is AED 190,000 a year: a gross yield of 9.7% on the 2016 price, before the service charge of about AED 22,100 a year.

Sales and rents for 1201 over time

Sales
Unit 1201, 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 2016: AED 1,955,000 (AED 1,606 per sqft)

1201 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1201, each contractTypical two-bed in The Pad Tower
100K150K200K2021202320252027Typical 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 165,000New contract, July 2021: AED 102,000 a yearRenewal, July 2022: AED 125,000 a yearNew contract, October 2023: AED 150,000 a yearNew contract, March 2025: AED 175,000 a yearRenewal, March 2026: AED 190,000 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 1201 sits

All 50 2-beds →

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. 1201's AED 190,000 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 12th floor

All 242 units in The Pad Tower
Value
12021-bedAED 1.69M · Oct 2025
12031-bedAED 1.59M · Oct 2025
12041-bedAED 1.41M · Apr 2024
12051-bedAED 1.4M · Oct 2024
12061-bedAED 1.41M · Nov 2017
12071-bedAED 1.55M · Jun 2014
12081-bedAED 1.46M · Mar 2014
1–7 of 10

1201, The Pad Tower in numbers

  • Sold once: by Pad Properties Nine on 25 May 2016 for AED 1,955,000, or AED 1,606 per sqft.
  • Rented since July 2021 on 5 Ejari contracts, from AED 102,000 to AED 190,000 a year.
  • At AED 190,000 a year the gross yield on the 2016 price is 9.7%, 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 1 March 2026.

Questions about 1201, The Pad Tower

What did unit 1201 last sell for?

AED 1,955,000 on 25 May 2016, sold by the developer: AED 1,606 per sqft for 1,217 sqft. It is the only registered sale of the unit.

What is the rent for unit 1201?

AED 190,000 a year on the contract renewed on 1 March 2026. The previous contract, from March 2025, was AED 175,000; the unit has been rented since July 2021.

How big is unit 1201?

1,217 sqft (113.1 sqm): a two-bedroom apartment on the 12th floor of a 22-storey tower completed in 2020.

What is unit 1201 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 1201? 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 1201, The Pad Tower

Starts from the last sale price (AED 1.96M, 25 May 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,955,000
Deposit, UAE resident (20%)
AED 391,000
Deposit, non-resident (40%)
AED 782,000
Monthly over 25 years at 3.7%
AED 7,999

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