2-bed · 1,184 sqftThe Pad Tower, Business Bay · 21st floor · completed 2020

2107, The Pad Tower

Sold prices and rental history: sold once, by the developer in October 2020, and rented once, from May 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2107 · DLD and Ejari recordsUpdated 3 May 2021
Last soldAED 3.74M8 October 2020
Current rentAED 120K /yr3 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2107, The Pad Tower

What is 2107 worth today?

Last sold for AED 3,741,811 in 2020

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3 May 2021RentedNew contract
AED 120,000/yr12 months · AED 74 per sqft
8 Oct 2020Sold by developerOff-plan
AED 3,741,811AED 3,159 per sqft

Source: Dubai Land Department. Updated 3 May 2021.

Key facts

Type
2-bed apartment
Size
1,184 sqft
Floor
21st of 22
Parking
B1-91
Developer
Pad Properties Nine
Completed
2020
Service charge
AED 21,500 /yr
Last sold
AED 3.74M · October 2020

About 2107, The Pad Tower

2107 is a two-bedroom apartment of 1,184 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 8 October 2020 for AED 3,741,811, or AED 3,159 per sqft.

One Ejari contract is registered, from 3 May 2021. The current contract, signed on 3 May 2021, is AED 120,000 a year: a gross yield of 3.2% on the 2020 price, before the service charge of about AED 21,500 a year.

Sales and rents for 2107 over time

Sales
Unit 2107, each saleTypical two-bed in The Pad Tower
2M3M4M2009201420192024Typical 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, October 2020: AED 3,741,811 (AED 3,159 per sqft)

2107 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2107, 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, May 2021: AED 120,000 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 2107 sits

All 50 2-beds →

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. 2107's AED 120,000 is at the bottom 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
21042-bedAED 3.45M · Oct 2024
21051-bedAED 1.56M · Feb 2023
21061-bedAED 3.93M · Jun 2009
21081-bedAED 2.09M · Oct 2022
1–7 of 10

2107, The Pad Tower in numbers

  • Sold once: by Pad Properties Nine on 8 October 2020 for AED 3,741,811, or AED 3,159 per sqft.
  • Rented since May 2021 on one Ejari contract, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2020 price is 3.2%, before a service charge of about AED 21,500 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 3 May 2021.

Questions about 2107, The Pad Tower

What did unit 2107 last sell for?

AED 3,741,811 on 8 October 2020, sold by the developer: AED 3,159 per sqft for 1,184 sqft. It is the only registered sale of the unit.

What is the rent for unit 2107?

AED 120,000 a year on the contract signed on 3 May 2021.

How big is unit 2107?

1,184 sqft (110.0 sqm): a two-bedroom apartment on the 21st floor of a 22-storey tower completed in 2020.

What is unit 2107 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 2107, The Pad Tower

Starts from the last sale price (AED 3.74M, 8 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 3,741,811
Deposit, UAE resident (20%)
AED 748,362
Deposit, non-resident (40%)
AED 1,496,724
Monthly over 25 years at 3.7%
AED 15,309

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