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

201, The Pad Tower

Sold prices and rental history: sold twice, last in October 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 201 · DLD and Ejari recordsUpdated 31 October 2024
Last soldAED 2.62M31 October 2024
Current rentAED 165K /yr15 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 201, The Pad Tower

What is 201 worth today?

Last sold for AED 2,616,015 in 2024

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31 Oct 2024SoldReady
AED 2,616,015AED 2,149 per sqft
15 Mar 2024RentedRenewal
AED 165,000/yr12 months · AED 136 per sqft
15 Mar 2023RentedNew contract
AED 150,000/yr12 months · AED 123 per sqft
15 Oct 2021RentedNew contract
AED 130,000/yr12 months · AED 107 per sqft
1 Nov 2018Sold by developerOff-plan
AED 2,555,178AED 2,099 per sqft

Source: Dubai Land Department. Updated 31 October 2024.

Key facts

Type
2-bed apartment
Size
1,217 sqft
Floor
2nd of 22
Parking
B3-90
Developer
Pad Properties Nine
Completed
2020
Service charge
AED 22,100 /yr
Last sold
AED 2.62M · October 2024

About 201, The Pad Tower

201 is a two-bedroom apartment of 1,217 sqft on the 2nd floor of The Pad Tower, a 22-storey tower in Business Bay completed in 2020 by Pad Properties Nine. It last sold on 31 October 2024 for AED 2,616,015, or AED 2,149 per sqft, in line with the AED 2,149 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 15 March 2024, is AED 165,000 a year: a gross yield of 6.3% on the 2024 price, before the service charge of about AED 22,100 a year.

Sales and rents for 201 over time

Sales
Unit 201, 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, November 2018: AED 2,555,178 (AED 2,099 per sqft)Sold, October 2024: AED 2,616,015 (AED 2,149 per sqft)

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

Rents
Unit 201, 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 165,000New contract, October 2021: AED 130,000 a yearNew contract, March 2023: AED 150,000 a yearRenewal, March 2024: AED 165,000 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 201 sits

All 50 2-beds →

201 last sold in October 2024 at AED 2,149 per sqft, in line with 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. 201's AED 165,000 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 2nd floor

All 242 units in The Pad Tower
Value
2021-bedAED 2.49M · Jun 2009
2031-bedAED 1.53M · Dec 2025
2041-bedAED 1.51M · Mar 2023
2051-bedAED 1.44M · Aug 2022
2061-bedAED 2.48M · Jun 2009
2071-bedAED 750K · Jul 2021
2081-bedAED 1.41M · Feb 2023
1–7 of 10

201, The Pad Tower in numbers

  • Sold twice: first on 1 November 2018 for AED 2,555,178, last on 31 October 2024 for AED 2,616,015 (AED 2,149 per sqft).
  • Rented since October 2021 on 3 Ejari contracts, from AED 130,000 to AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2024 price is 6.3%, 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 October 2024.

Questions about 201, The Pad Tower

What did unit 201 last sell for?

AED 2,616,015 on 31 October 2024: AED 2,149 per sqft for 1,217 sqft. The unit has 2 registered sales; the first was AED 2,555,178 in November 2018.

What is the rent for unit 201?

AED 165,000 a year on the contract renewed on 15 March 2024. The previous contract, from March 2023, was AED 150,000; the unit has been rented since October 2021.

How big is unit 201?

1,217 sqft (113.1 sqm): a two-bedroom apartment on the 2nd floor of a 22-storey tower completed in 2020.

What is unit 201 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 201, The Pad Tower

Starts from the last sale price (AED 2.62M, 31 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,616,015
Deposit, UAE resident (20%)
AED 523,203
Deposit, non-resident (40%)
AED 1,046,406
Monthly over 25 years at 3.7%
AED 10,703

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