2-bed · 1,217 sqftThe Pad Tower, Business Bay · 17th floor · completed 2020

1701, The Pad Tower

Sold prices and rental history: sold 4 times, last in June 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1701 · DLD and Ejari recordsUpdated 10 May 2026
Last soldAED 2.6M25 June 2024
Current rentAED 195K /yr10 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1701, The Pad Tower

What is 1701 worth today?

Last sold for AED 2,600,000 in 2024

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10 May 2026RentedNew contract
AED 195,000/yr12 months · AED 160 per sqft
8 Apr 2025RentedNew contract
AED 195,000/yr12 months · AED 160 per sqft
25 Jun 2024SoldReady
AED 2,600,000AED 2,136 per sqft
23 Jan 2023SoldReady
AED 2,150,000AED 1,766 per sqft
25 Feb 2022RentedNew contract
AED 150,000/yr12 months · AED 123 per sqft
13 Dec 2021SoldReady
AED 1,700,000AED 1,397 per sqft
1 Jun 2009Sold by developerOff-plan
AED 3,463,248AED 2,846 per sqft

Source: Dubai Land Department. Updated 10 May 2026.

Key facts

Type
2-bed apartment
Size
1,217 sqft
Floor
17th of 22
Parking
B2-90
Developer
Pad Properties Nine
Completed
2020
Service charge
AED 22,100 /yr
Last sold
AED 2.6M · June 2024

About 1701, The Pad Tower

1701 is a two-bedroom apartment of 1,217 sqft on the 17th floor of The Pad Tower, a 22-storey tower in Business Bay completed in 2020 by Pad Properties Nine. It last sold on 25 June 2024 for AED 2,600,000, or AED 2,136 per sqft, 6% above the AED 2,015 two-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 10 May 2026, is AED 195,000 a year: a gross yield of 7.5% on the 2024 price, before the service charge of about AED 22,100 a year.

Sales and rents for 1701 over time

Sales
Unit 1701, 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 3,463,248 (AED 2,846 per sqft)Sold, December 2021: AED 1,700,000 (AED 1,397 per sqft)Sold, January 2023: AED 2,150,000 (AED 1,766 per sqft)Sold, June 2024: AED 2,600,000 (AED 2,136 per sqft)

1701 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1701, each contractTypical two-bed in The Pad Tower
150K200K2021202320252027Typical 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, February 2022: AED 150,000 a yearNew contract, April 2025: AED 195,000 a yearNew contract, May 2026: AED 195,000 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 1701 sits

All 50 2-beds →

1701 last sold in June 2024 at AED 2,136 per sqft, 6% above what two-beds in The Pad Tower were fetching at the time (AED 2,015). 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. 1701's AED 195,000 is at the top 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 17th floor

All 242 units in The Pad Tower
Value
17021-bedAED 1.41M · Aug 2025
17031-bedAED 1.55M · Sep 2024
17041-bedAED 1.08M · Jul 2022
17051-bedAED 1.85M · Jun 2009
17061-bedAED 1.64M · Oct 2025
17071-bedAED 1.01M · Sep 2021
17081-bedAED 1.29M · Apr 2024
1–7 of 10

1701, The Pad Tower in numbers

  • Sold 4 times: first on 1 June 2009 for AED 3,463,248, last on 25 June 2024 for AED 2,600,000 (AED 2,136 per sqft).
  • Rented since February 2022 on 3 Ejari contracts, from AED 150,000 to AED 195,000 a year.
  • At AED 195,000 a year the gross yield on the 2024 price is 7.5%, 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 10 May 2026.

Questions about 1701, The Pad Tower

What did unit 1701 last sell for?

AED 2,600,000 on 25 June 2024: AED 2,136 per sqft for 1,217 sqft. The unit has 4 registered sales; the first was AED 3,463,248 in June 2009.

What is the rent for unit 1701?

AED 195,000 a year on the contract signed on 10 May 2026. The previous contract, from April 2025, was AED 195,000; the unit has been rented since February 2022.

How big is unit 1701?

1,217 sqft (113.1 sqm): a two-bedroom apartment on the 17th floor of a 22-storey tower completed in 2020.

What is unit 1701 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 1701, The Pad Tower

Starts from the last sale price (AED 2.6M, 25 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,600,000
Deposit, UAE resident (20%)
AED 520,000
Deposit, non-resident (40%)
AED 1,040,000
Monthly over 25 years at 3.7%
AED 10,637

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