2-bed · 1,217 sqftThe Pad Tower, Business Bay · 16th floor · completed 2020

1601, The Pad Tower

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold twice, last in May 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1601 · DLD and Ejari recordsUpdated 22 May 2023

Last soldAED 3.29M22 May 2023

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1601, The Pad Tower

Today

What is 1601 worth today?

Last sold for AED 3,292,700 in 2023

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22 May 2023

22 May 2023SoldReady

AED 3,292,700AED 2,706 per sqft

23 Feb 2023

23 Feb 2023Sold by developerReady

AED 1,460,400AED 1,200 per sqft

Source: Dubai Land Department. Updated 22 May 2023.

Key facts

Type: 2-bed apartment
Size: 1,217 sqft
Floor: 16th of 22
Parking: B2-96
Developer: Pad Properties Nine
Completed: 2020
Service charge: AED 22,100 /yr
Last sold: AED 3.29M · May 2023
Building: The Pad Tower

About 1601, The Pad Tower

1601 is a two-bedroom apartment of 1,217 sqft on the 16th floor of The Pad Tower, a 22-storey tower in Business Bay completed in 2020 by Pad Properties Nine. It last sold on 22 May 2023 for AED 3,292,700, or AED 2,706 per sqft, 78% above the AED 1,521 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1601 over time

Sales

Unit 1601, each saleTypical two-bed in The Pad Tower

1601 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents

Unit 1601, each contractTypical two-bed in The Pad Tower

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 1601 sits

All 50 2-beds →

2-beds in The Pad Tower · last 12 months2,371 /sqft The Pad Tower · all types2,387 /sqft

1601 last sold in May 2023 at AED 2,706 per sqft, 78% above what two-beds in The Pad Tower were fetching at the time (AED 1,521). 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.

Recent 2-bed sales	Size	Price (AED)	Per sqft
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

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 16th floor

All 242 units in The Pad Tower


1602	1-bed	667 sqft	AED 1.44MAED 1,444,091 · Mar 2016March 2016	90,000 /yr
1603	1-bed	653 sqft	AED 1.65MAED 1,654,000 · Nov 2025November 2025	110,000 /yr
1604	1-bed	653 sqft	AED 1.23MAED 1,225,000 · Mar 2023March 2023	78,000 /yr
1605	1-bed	653 sqft	AED 1.05MAED 1,050,000 · Oct 2021October 2021	90,000 /yr
1606	1-bed	324 sqft	AED 483KAED 482,943 · Jul 2021July 2021	58,000 /yr
1607	1-bed	667 sqft	AED 1.2MAED 1,200,000 · Aug 2022August 2022	93,000 /yr
1608	1-bed	522 sqft	AED 1MAED 1,000,000 · Aug 2022August 2022	84,000 /yr
1609	1-bed	654 sqft	AED 1.5MAED 1,500,000 · May 2025May 2025	80,000 /yr
1610	1-bed	663 sqft	AED 1.26MAED 1,255,561 · Jun 2009June 2009	105,000 /yr
1611	2-bed	1,216 sqft	AED 3.01MAED 3,011,800 · Jun 2009June 2009

1–7 of 10

1601, The Pad Tower in numbers

Sold twice: first on 23 February 2023 for AED 1,460,400, last on 22 May 2023 for AED 3,292,700 (AED 2,706 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 22 May 2023.

Questions about 1601, The Pad Tower

What did unit 1601 last sell for?

AED 3,292,700 on 22 May 2023: AED 2,706 per sqft for 1,217 sqft. The unit has 2 registered sales; the first was AED 1,460,400 in February 2023.

How big is unit 1601?

1,217 sqft (113.1 sqm): a two-bedroom apartment on the 16th floor of a 22-storey tower completed in 2020.

What is unit 1601 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 1601, The Pad Tower

Starts from the last sale price (AED 3.29M, 22 May 2023). Switch to today's estimate once you have unlocked it.

Price: AED 3,292,700
Deposit, UAE resident (20%): AED 658,540
Deposit, non-resident (40%): AED 1,317,080
Monthly over 25 years at 3.7%: AED 13,471

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