2-bed · 1,216 sqftThe Pad Tower, Business Bay · 16th floor · completed 2020

1611, The Pad Tower

Sold prices and rental history: sold once, by the developer in June 2009, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1611 · DLD and Ejari recordsUpdated 1 June 2009
Last soldAED 3.01M1 June 2009
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1611, The Pad Tower

What is 1611 worth today?

Last sold for AED 3,011,800 in 2009

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1 Jun 2009Sold by developerOff-plan
AED 3,011,800AED 2,477 per sqft

Source: Dubai Land Department. Updated 1 June 2009.

Key facts

Type
2-bed apartment
Size
1,216 sqft
Floor
16th of 22
Parking
B2-97
Developer
Pad Properties Nine
Completed
2020
Service charge
AED 22,100 /yr
Last sold
AED 3.01M · June 2009

About 1611, The Pad Tower

1611 is a two-bedroom apartment of 1,216 sqft on the 16th 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 3,011,800, or AED 2,477 per sqft, in line with the AED 2,508 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1611 over time

Sales
Unit 1611, 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 3,011,800 (AED 2,477 per sqft)

1611 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1611, 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 165,000

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 1611 sits

All 50 2-beds →

1611 last sold in June 2009 at AED 2,477 per sqft, in line with 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.

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 16th floor

All 242 units in The Pad Tower
Value
16012-bedAED 3.29M · May 2023
16021-bedAED 1.44M · Mar 2016
16031-bedAED 1.65M · Nov 2025
16041-bedAED 1.23M · Mar 2023
16051-bedAED 1.05M · Oct 2021
16061-bedAED 483K · Jul 2021
16071-bedAED 1.2M · Aug 2022
1–7 of 10

1611, The Pad Tower in numbers

  • Sold once: by Pad Properties Nine on 1 June 2009 for AED 3,011,800, or AED 2,477 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 June 2009.

Questions about 1611, The Pad Tower

What did unit 1611 last sell for?

AED 3,011,800 on 1 June 2009, sold by the developer: AED 2,477 per sqft for 1,216 sqft. It is the only registered sale of the unit.

How big is unit 1611?

1,216 sqft (113.0 sqm): a two-bedroom apartment on the 16th floor of a 22-storey tower completed in 2020.

What is unit 1611 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 1611, The Pad Tower

Starts from the last sale price (AED 3.01M, 1 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 3,011,800
Deposit, UAE resident (20%)
AED 602,360
Deposit, non-resident (40%)
AED 1,204,720
Monthly over 25 years at 3.7%
AED 12,322

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