1-bed · 1,299 sqftThe Pad Tower, Business Bay · 21st floor · completed 2020

2106, The Pad Tower

Sold prices and rental history: sold once, by the developer in June 2009, and rented once, from August 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2106 · DLD and Ejari recordsUpdated 7 August 2024
Last soldAED 3.93M1 June 2009
Current rentAED 160K /yr7 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2106, The Pad Tower

What is 2106 worth today?

Last sold for AED 3,926,142 in 2009

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7 Aug 2024RentedNew contract
AED 160,000/yr12 months · AED 123 per sqft
1 Jun 2009Sold by developerOff-plan
AED 3,926,142AED 3,023 per sqft

Source: Dubai Land Department. Updated 7 August 2024.

Key facts

Type
1-bed apartment
Size
1,299 sqft
Floor
21st of 22
Parking
B2-108
Developer
Pad Properties Nine
Completed
2020
Service charge
AED 23,600 /yr
Last sold
AED 3.93M · June 2009

About 2106, The Pad Tower

2106 is a one-bedroom apartment of 1,299 sqft on the 21st 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 3,926,142, or AED 3,023 per sqft, 38% above the AED 2,191 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 7 August 2024. The current contract, signed on 7 August 2024, is AED 160,000 a year: a gross yield of 4.1% on the 2009 price, before the service charge of about AED 23,600 a year.

Sales and rents for 2106 over time

Sales
Unit 2106, each saleTypical one-bed in The Pad Tower
2M4M2009201420192024Typical sale price by year: 2009 AED 1,432,072; 2014 AED 1,645,984; 2016 AED 1,504,800; 2017 AED 1,204,471; 2018 AED 1,372,413; 2019 AED 1,392,192; 2021 AED 800,000; 2022 AED 975,000; 2023 AED 1,400,000; 2024 AED 1,410,000; 2025 AED 1,540,000; 2026 AED 1,520,000Sold by developer, June 2009: AED 3,926,142 (AED 3,023 per sqft)

2106 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2106, each contractTypical one-bed in The Pad Tower
50K100K150K2021202320252027Typical rent by year: 2021 AED 65,000; 2022 AED 81,500; 2023 AED 90,000; 2024 AED 100,000; 2025 AED 100,000; 2026 AED 90,000New contract, August 2024: AED 160,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in The Pad Tower, and where 2106 sits

All 200 1-beds →

2106 last sold in June 2009 at AED 3,023 per sqft, 38% above what one-beds in The Pad Tower were fetching at the time (AED 2,191). Over the last 12 months one-beds sold for AED 1,350,000 to 2,550,000, around AED 2,387 per sqft, and rent for AED 60,000 to 160,000 a year. 2106's AED 160,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
1 Sep 20261,440,000
13 Aug 20261,450,000
6 Aug 202620,824
29 Jul 20263,418
25 1-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
21042-bedAED 3.45M · Oct 2024
21051-bedAED 1.56M · Feb 2023
21072-bedAED 3.74M · Oct 2020
21081-bedAED 2.09M · Oct 2022
1–7 of 10

2106, The Pad Tower in numbers

  • Sold once: by Pad Properties Nine on 1 June 2009 for AED 3,926,142, or AED 3,023 per sqft.
  • Rented since August 2024 on one Ejari contract, at AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2009 price is 4.1%, before a service charge of about AED 23,600 a year (AED 18.16 per sqft).
  • One-beds in The Pad Tower sold for AED 1,350,000–2,550,000 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 7 August 2024.

Questions about 2106, The Pad Tower

What did unit 2106 last sell for?

AED 3,926,142 on 1 June 2009, sold by the developer: AED 3,023 per sqft for 1,299 sqft. It is the only registered sale of the unit.

What is the rent for unit 2106?

AED 160,000 a year on the contract signed on 7 August 2024.

How big is unit 2106?

1,299 sqft (120.7 sqm): a one-bedroom apartment on the 21st floor of a 22-storey tower completed in 2020.

What is unit 2106 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Pad Tower sold for AED 1,350,000 to 2,550,000 in the last 12 months, around AED 2,387 per sqft.

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Mortgage on 2106, The Pad Tower

Starts from the last sale price (AED 3.93M, 1 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 3,926,142
Deposit, UAE resident (20%)
AED 785,228
Deposit, non-resident (40%)
AED 1,570,457
Monthly over 25 years at 3.7%
AED 16,063

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