3-bed · 2,444 sqftThe Pad Tower, Business Bay · 22nd floor · completed 2020

2201, The Pad Tower

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold once, by the developer in March 2021, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 2201 · DLD and Ejari recordsUpdated 15 September 2022

Last soldAED 5.72M4 March 2021

Current rentAED 170K /yr15 September 2022

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 2201, The Pad Tower

Today

What is 2201 worth today?

Last sold for AED 5,722,250 in 2021

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15 Sep 2022

15 Sep 2022RentedNew contract

AED 170,000/yr12 months · AED 70 per sqft

14 Apr 2022

14 Apr 2022RentedNew contract

AED 170,000/yr12 months · AED 70 per sqft

4 Mar 2021

4 Mar 2021Sold by developerReady

AED 5,722,250AED 2,341 per sqft

Source: Dubai Land Department. Updated 15 September 2022.

Key facts

Type: 3-bed apartment
Size: 2,444 sqft
Floor: 22nd of 22
Parking: B1-94
Developer: Pad Properties Nine
Completed: 2020
Service charge: AED 44,400 /yr
Last sold: AED 5.72M · March 2021
Building: The Pad Tower

About 2201, The Pad Tower

2201 is a three-bedroom apartment of 2,444 sqft on the 22nd floor of The Pad Tower, a 22-storey tower in Business Bay completed in 2020 by Pad Properties Nine. The developer sold it on 4 March 2021 for AED 5,722,250, or AED 2,341 per sqft.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 15 September 2022, is AED 170,000 a year: a gross yield of 3.0% on the 2021 price, before the service charge of about AED 44,400 a year.

3-beds in The Pad Tower, and where 2201 sits

All 3 3-beds →

The Pad Tower · all types2,387 /sqft

Recent 3-bed sales	Size	Price (AED)	Per sqft
1 Apr 20211 April 2021	2,501 sqft	5,839,750	2,335
23 Oct 201823 October 2018	1,624 sqft	2,500,000	1,539
6 Aug 20096 August 2009	2,499 sqft	10,350,279	4,141

0 3-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 22nd floor

All 242 units in The Pad Tower


2202	1-bed	1,207 sqft	AED 3.26MAED 3,259,980 · Oct 2016October 2016
2203	1-bed	1,232 sqft	AED 3.33MAED 3,325,644 · Aug 2016August 2016
2204	2-bed	1,587 sqft	AED 3.41MAED 3,413,039 · Oct 2024October 2024	145,000 /yr
2205	1-bed	1,303 sqft	AED 1.5MAED 1,500,000 · Mar 2022March 2022
2206	1-bed	1,299 sqft	AED 1.5MAED 1,500,000 · Mar 2022March 2022
2207	2-bed	1,523 sqft	AED 3.27MAED 3,274,879 · Oct 2024October 2024	180,000 /yr
2208	1-bed	1,046 sqft	AED 2.55MAED 2,550,000 · Nov 2025November 2025	125,000 /yr
2209	2-bed	1,474 sqft	AED 3.41MAED 3,414,300 · Sep 2026September 2026	170,000 /yr
2210	2-bed	1,492 sqft	AED 1.58MAED 1,575,000 · May 2021May 2021	250,000 /yr
2211	3-bed	2,499 sqft	AED 2.5MAED 2,500,000 · Oct 2018October 2018	259,639 /yr

1–7 of 10

2201, The Pad Tower in numbers

Sold once: by Pad Properties Nine on 4 March 2021 for AED 5,722,250, or AED 2,341 per sqft.
Rented since April 2022 on 2 Ejari contracts, at AED 170,000 a year.
At AED 170,000 a year the gross yield on the 2021 price is 3.0%, before a service charge of about AED 44,400 a year (AED 18.16 per sqft).

Source: Dubai Land Department. Updated 15 September 2022.

Questions about 2201, The Pad Tower

What did unit 2201 last sell for?

AED 5,722,250 on 4 March 2021, sold by the developer: AED 2,341 per sqft for 2,444 sqft. It is the only registered sale of the unit.

What is the rent for unit 2201?

AED 170,000 a year on the contract signed on 15 September 2022. The previous contract, from April 2022, was AED 170,000.

How big is unit 2201?

2,444 sqft (227.1 sqm): a three-bedroom apartment on the 22nd floor of a 22-storey tower completed in 2020.

What is unit 2201 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 2201, The Pad Tower

Starts from the last sale price (AED 5.72M, 4 March 2021). Switch to today's estimate once you have unlocked it.

Price: AED 5,722,250
Deposit, UAE resident (20%): AED 1,144,450
Deposit, non-resident (40%): AED 2,288,900
Monthly over 25 years at 3.7%: AED 23,411

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