2-bed · 1,216 sqftThe Pad Tower, Business Bay · 2nd floor · completed 2020

211, 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 211 · DLD and Ejari recordsUpdated 31 October 2024
Last soldAED 2.61M31 October 2024
Current rentAED 135K /yr15 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 211, The Pad Tower

What is 211 worth today?

Last sold for AED 2,613,932 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

31 Oct 2024SoldReady
AED 2,613,932AED 2,149 per sqft
15 Nov 2023RentedNew contract
AED 135,000/yr12 months · AED 111 per sqft
15 Sep 2022RentedNew contract
AED 110,000/yr12 months · AED 90 per sqft
15 Sep 2021RentedNew contract
AED 110,000/yr12 months · AED 90 per sqft
15 Nov 2018Sold by developerOff-plan
AED 2,553,143AED 2,099 per sqft

Source: Dubai Land Department. Updated 31 October 2024.

Key facts

Type
2-bed apartment
Size
1,216 sqft
Floor
2nd of 22
Parking
B3-89
Developer
Pad Properties Nine
Completed
2020
Service charge
AED 22,100 /yr
Last sold
AED 2.61M · October 2024

About 211, The Pad Tower

211 is a two-bedroom apartment of 1,216 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 2,613,932, 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, signed on 15 November 2023, is AED 135,000 a year: a gross yield of 5.2% on the 2024 price, before the service charge of about AED 22,100 a year.

Sales and rents for 211 over time

Sales
Unit 211, 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 2,553,143 (AED 2,099 per sqft)Sold, October 2024: AED 2,613,932 (AED 2,149 per sqft)

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

Rents
Unit 211, each contractTypical two-bed in The Pad Tower
100K150K2021202320252027Typical 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, September 2021: AED 110,000 a yearNew contract, September 2022: AED 110,000 a yearNew contract, November 2023: AED 135,000 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 211 sits

All 50 2-beds →

211 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. 211's AED 135,000 is in the lower 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
2012-bedAED 2.62M · Oct 2024
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
1–7 of 10

211, The Pad Tower in numbers

  • Sold twice: first on 15 November 2018 for AED 2,553,143, last on 31 October 2024 for AED 2,613,932 (AED 2,149 per sqft).
  • Rented since September 2021 on 3 Ejari contracts, from AED 110,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2024 price is 5.2%, 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 211, The Pad Tower

What did unit 211 last sell for?

AED 2,613,932 on 31 October 2024: AED 2,149 per sqft for 1,216 sqft. The unit has 2 registered sales; the first was AED 2,553,143 in November 2018.

What is the rent for unit 211?

AED 135,000 a year on the contract signed on 15 November 2023. The previous contract, from September 2022, was AED 110,000; the unit has been rented since September 2021.

How big is unit 211?

1,216 sqft (113.0 sqm): a two-bedroom apartment on the 2nd floor of a 22-storey tower completed in 2020.

What is unit 211 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.

Selling 211? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 211, The Pad Tower

Starts from the last sale price (AED 2.61M, 31 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,613,932
Deposit, UAE resident (20%)
AED 522,786
Deposit, non-resident (40%)
AED 1,045,573
Monthly over 25 years at 3.7%
AED 10,694

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