2-bed · 1,217 sqftThe Pad Tower, Business Bay · 14th floor · completed 2020

1401, The Pad Tower

Sold prices and rental history: sold twice, last in October 2021, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1401 · DLD and Ejari recordsUpdated 31 January 2026
Last soldAED 1.52M17 October 2021
Current rentAED 187K /yr31 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1401, The Pad Tower

What is 1401 worth today?

Last sold for AED 1,520,000 in 2021

Unlock today's estimate, updated daily, with

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

31 Jan 2026RentedNew contract
AED 186,850/yr12 months · AED 154 per sqft
22 Jan 2025RentedRenewal
AED 165,000/yr12 months · AED 136 per sqft
22 Jan 2024RentedNew contract
AED 165,000/yr12 months · AED 136 per sqft
15 Nov 2022RentedNew contract
AED 150,000/yr12 months · AED 123 per sqft
19 Nov 2021RentedNew contract
AED 130,000/yr12 months · AED 107 per sqft
17 Oct 2021SoldReady
AED 1,520,000AED 1,249 per sqft
22 Mar 2017Sold by developerOff-plan
AED 2,986,003AED 2,454 per sqft

Source: Dubai Land Department. Updated 31 January 2026.

Key facts

Type
2-bed apartment
Size
1,217 sqft
Floor
14th of 22
Parking
B2-98
Developer
Pad Properties Nine
Completed
2020
Service charge
AED 22,100 /yr
Last sold
AED 1.52M · October 2021

About 1401, The Pad Tower

1401 is a two-bedroom apartment of 1,217 sqft on the 14th floor of The Pad Tower, a 22-storey tower in Business Bay completed in 2020 by Pad Properties Nine. It last sold on 17 October 2021 for AED 1,520,000, or AED 1,249 per sqft, in line with the AED 1,282 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 31 January 2026, is AED 186,850 a year: a gross yield of 12.3% on the 2021 price, before the service charge of about AED 22,100 a year.

Sales and rents for 1401 over time

Sales
Unit 1401, 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, March 2017: AED 2,986,003 (AED 2,454 per sqft)Sold, October 2021: AED 1,520,000 (AED 1,249 per sqft)

1401 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1401, each contractTypical two-bed in The Pad Tower
150K2021202320252027Typical 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, November 2021: AED 130,000 a yearNew contract, November 2022: AED 150,000 a yearNew contract, January 2024: AED 165,000 a yearRenewal, January 2025: AED 165,000 a yearNew contract, January 2026: AED 186,850 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 1401 sits

All 50 2-beds →

1401 last sold in October 2021 at AED 1,249 per sqft, in line with what two-beds in The Pad Tower were fetching at the time (AED 1,282). 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. 1401's AED 186,850 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 14th floor

All 242 units in The Pad Tower
Value
14021-bedAED 1.44M · Jun 2009
14031-bedAED 1.5M · Oct 2024
14041-bedAED 1.47M · Jun 2009
14051-bedAED 1.5M · Dec 2024
14061-bedAED 1.3M · Oct 2023
14071-bedAED 1.25M · Jun 2009
14081-bedAED 1.32M · Nov 2023
1–7 of 10

1401, The Pad Tower in numbers

  • Sold twice: first on 22 March 2017 for AED 2,986,003, last on 17 October 2021 for AED 1,520,000 (AED 1,249 per sqft).
  • Rented since November 2021 on 5 Ejari contracts, from AED 130,000 to AED 186,850 a year.
  • At AED 186,850 a year the gross yield on the 2021 price is 12.3%, 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 January 2026.

Questions about 1401, The Pad Tower

What did unit 1401 last sell for?

AED 1,520,000 on 17 October 2021: AED 1,249 per sqft for 1,217 sqft. The unit has 2 registered sales; the first was AED 2,986,003 in March 2017.

What is the rent for unit 1401?

AED 186,850 a year on the contract signed on 31 January 2026. The previous contract, from January 2025, was AED 165,000; the unit has been rented since November 2021.

How big is unit 1401?

1,217 sqft (113.1 sqm): a two-bedroom apartment on the 14th floor of a 22-storey tower completed in 2020.

What is unit 1401 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 1401? 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 1401, The Pad Tower

Starts from the last sale price (AED 1.52M, 17 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,520,000
Deposit, UAE resident (20%)
AED 304,000
Deposit, non-resident (40%)
AED 608,000
Monthly over 25 years at 3.7%
AED 6,219

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