2-bed · 1,603 sqftThe Pad Tower, Business Bay · 21st floor · completed 2020

2104, 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 2104 · DLD and Ejari recordsUpdated 31 October 2024
Last soldAED 3.45M31 October 2024
Current rentAED 170K /yr25 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2104, The Pad Tower

What is 2104 worth today?

Last sold for AED 3,445,670 in 2024

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31 Oct 2024SoldReady
AED 3,445,670AED 2,149 per sqft
25 Dec 2023RentedRenewal
AED 170,000/yr12 months · AED 106 per sqft
25 Dec 2022RentedRenewal
AED 150,000/yr12 months · AED 94 per sqft
25 Dec 2021RentedNew contract
AED 150,000/yr12 months · AED 94 per sqft
1 Nov 2018Sold by developerOff-plan
AED 3,365,538AED 2,732 per sqft

Source: Dubai Land Department. Updated 31 October 2024.

Key facts

Type
2-bed apartment
Size
1,603 sqft
Floor
21st of 22
Parking
B1-106
Developer
Pad Properties Nine
Completed
2020
Service charge
AED 29,100 /yr
Last sold
AED 3.45M · October 2024

About 2104, The Pad Tower

2104 is a two-bedroom apartment of 1,603 sqft on the 21st 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 3,445,670, 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 25 December 2023, is AED 170,000 a year: a gross yield of 4.9% on the 2024 price, before the service charge of about AED 29,100 a year.

Sales and rents for 2104 over time

Sales
Unit 2104, 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 3,365,538 (AED 2,732 per sqft)Sold, October 2024: AED 3,445,670 (AED 2,149 per sqft)

2104 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2104, 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, December 2021: AED 150,000 a yearRenewal, December 2022: AED 150,000 a yearRenewal, December 2023: AED 170,000 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 2104 sits

All 50 2-beds →

2104 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. 2104's AED 170,000 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 21st floor

All 242 units in The Pad Tower
Value
21012-bedAED 8.52M · Jun 2009
21021-bedAED 2.1M · Dec 2023
21031-bedAED 1.6M · Jun 2022
21051-bedAED 1.56M · Feb 2023
21061-bedAED 3.93M · Jun 2009
21072-bedAED 3.74M · Oct 2020
21081-bedAED 2.09M · Oct 2022
1–7 of 10

2104, The Pad Tower in numbers

  • Sold twice: first on 1 November 2018 for AED 3,365,538, last on 31 October 2024 for AED 3,445,670 (AED 2,149 per sqft).
  • Rented since December 2021 on 3 Ejari contracts, from AED 150,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2024 price is 4.9%, before a service charge of about AED 29,100 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 2104, The Pad Tower

What did unit 2104 last sell for?

AED 3,445,670 on 31 October 2024: AED 2,149 per sqft for 1,603 sqft. The unit has 2 registered sales; the first was AED 3,365,538 in November 2018.

What is the rent for unit 2104?

AED 170,000 a year on the contract renewed on 25 December 2023. The previous contract, from December 2022, was AED 150,000; the unit has been rented since December 2021.

How big is unit 2104?

1,603 sqft (148.9 sqm): a two-bedroom apartment on the 21st floor of a 22-storey tower completed in 2020.

What is unit 2104 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 2104, The Pad Tower

Starts from the last sale price (AED 3.45M, 31 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,445,670
Deposit, UAE resident (20%)
AED 689,134
Deposit, non-resident (40%)
AED 1,378,268
Monthly over 25 years at 3.7%
AED 14,097

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