2204, 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.
Property timeline for 2204, The Pad Tower
What is 2204 worth today?
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Source: Dubai Land Department. Updated 31 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,587 sqft
- Floor
- 22nd of 22
- Parking
- B1-93
- Developer
- Pad Properties Nine
- Completed
- 2020
- Service charge
- AED 28,800 /yr
- Last sold
- AED 3.41M · October 2024
- Building
- The Pad Tower
About 2204, The Pad Tower
2204 is a two-bedroom apartment of 1,587 sqft on the 22nd 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 3,413,039, 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 October 2023, is AED 145,000 a year: a gross yield of 4.3% on the 2024 price, before the service charge of about AED 28,800 a year.
Sales and rents for 2204 over time
2204 has sold twice; the dashed line is the two-bed median of each year in the building.
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 2204 sits
All 50 2-beds →2204 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. 2204's AED 145,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Sep 20267 September 2026 | 1,474 sqft | 3,414,300 | 2,316 | ||
| 22 Apr 202622 April 2026 | 415 sqft | 1,100,000 | 2,653 | ||
| 22 Dec 202522 December 2025 | 1,217 sqft | 2,950,740 | 2,425 | ||
| 9 Dec 20259 December 2025 | 1,217 sqft | 2,300,000 | 1,890 |
The Pad Tower
Building242 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%
Other units on the 22nd floor
All 242 units in The Pad Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2201 | 3-bed | 2,444 sqft | AED 5.72MAED 5,722,250 · Mar 2021March 2021 | 170,000 /yr | |
| 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 | ||
| 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 |
2204, The Pad Tower in numbers
- Sold twice: first on 1 November 2018 for AED 3,333,666, last on 31 October 2024 for AED 3,413,039 (AED 2,149 per sqft).
- Rented since October 2021 on 3 Ejari contracts, from AED 135,000 to AED 145,000 a year.
- At AED 145,000 a year the gross yield on the 2024 price is 4.3%, before a service charge of about AED 28,800 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 2204, The Pad Tower
What did unit 2204 last sell for?
AED 3,413,039 on 31 October 2024: AED 2,149 per sqft for 1,587 sqft. The unit has 2 registered sales; the first was AED 3,333,666 in November 2018.
What is the rent for unit 2204?
AED 145,000 a year on the contract renewed on 25 October 2023. The previous contract, from October 2022, was AED 135,000; the unit has been rented since October 2021.
How big is unit 2204?
1,587 sqft (147.4 sqm): a two-bedroom apartment on the 22nd floor of a 22-storey tower completed in 2020.
What is unit 2204 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 2204, The Pad Tower
Starts from the last sale price (AED 3.41M, 31 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,413,039
- Deposit, UAE resident (20%)
- AED 682,608
- Deposit, non-resident (40%)
- AED 1,365,216
- Monthly over 25 years at 3.7%
- AED 13,964
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →