1511, The Pad Tower
Sold prices and rental history: sold 3 times, last in February 2025, and rented once, from August 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1511, The Pad Tower
What is 1511 worth today?
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Source: Dubai Land Department. Updated 5 February 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,216 sqft
- Floor
- 15th of 22
- Parking
- B2-103
- Developer
- Pad Properties Nine
- Completed
- 2020
- Service charge
- AED 22,100 /yr
- Last sold
- AED 2.96M · February 2025
- Building
- The Pad Tower
About 1511, The Pad Tower
1511 is a two-bedroom apartment of 1,216 sqft on the 15th floor of The Pad Tower, a 22-storey tower in Business Bay completed in 2020 by Pad Properties Nine. It last sold on 5 February 2025 for AED 2,964,078, or AED 2,438 per sqft, 13% above the AED 2,149 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 August 2021. The current contract, signed on 1 August 2021, is AED 146,007 a year: a gross yield of 4.9% on the 2025 price, before the service charge of about AED 22,100 a year.
Sales and rents for 1511 over time
1511 has sold 3 times; 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 1511 sits
All 50 2-beds →1511 last sold in February 2025 at AED 2,438 per sqft, 13% above 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. 1511's AED 146,007 is in the lower 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 15th floor
All 242 units in The Pad Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 1,217 sqft | AED 3.29MAED 3,292,700 · May 2023May 2023 | ||
| 1502 | 1-bed | 667 sqft | AED 21KAED 20,824 · Aug 2026August 2026 | 100,000 /yr | |
| 1503 | 1-bed | 653 sqft | AED 1.85MAED 1,846,638 · Jun 2009June 2009 | ||
| 1504 | 1-bed | 653 sqft | AED 1.61MAED 1,607,400 · Jun 2016June 2016 | 115,000 /yr | |
| 1505 | 1-bed | 653 sqft | AED 1.57MAED 1,568,345 · Feb 2023February 2023 | ||
| 1506 | 1-bed | 648 sqft | AED 1.5MAED 1,500,000 · Feb 2025February 2025 | 100,000 /yr | |
| 1507 | 1-bed | 667 sqft | AED 1.45MAED 1,445,940 · Jun 2009June 2009 | ||
| 1508 | 1-bed | 521 sqft | AED 1.3MAED 1,300,000 · Nov 2024November 2024 | 125,000 /yr | |
| 1509 | 1-bed | 654 sqft | AED 1.58MAED 1,575,000 · Oct 2023October 2023 | 140,000 /yr | |
| 1510 | 1-bed | 663 sqft | AED 700KAED 700,000 · Apr 2023April 2023 | 95,000 /yr |
1511, The Pad Tower in numbers
- Sold 3 times: first on 20 December 2018 for AED 2,553,143, last on 5 February 2025 for AED 2,964,078 (AED 2,438 per sqft).
- Rented since August 2021 on one Ejari contract, at AED 146,007 a year.
- At AED 146,007 a year the gross yield on the 2025 price is 4.9%, 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 5 February 2025.
Questions about 1511, The Pad Tower
What did unit 1511 last sell for?
AED 2,964,078 on 5 February 2025: AED 2,438 per sqft for 1,216 sqft. The unit has 3 registered sales; the first was AED 2,553,143 in December 2018.
What is the rent for unit 1511?
AED 146,007 a year on the contract signed on 1 August 2021.
How big is unit 1511?
1,216 sqft (113.0 sqm): a two-bedroom apartment on the 15th floor of a 22-storey tower completed in 2020.
What is unit 1511 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 1511, The Pad Tower
Starts from the last sale price (AED 2.96M, 5 February 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,964,078
- Deposit, UAE resident (20%)
- AED 592,816
- Deposit, non-resident (40%)
- AED 1,185,631
- Monthly over 25 years at 3.7%
- AED 12,127
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →