401, The Pad Tower
Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 401, The Pad Tower
What is 401 worth today?
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Source: Dubai Land Department. Updated 31 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,217 sqft
- Floor
- 4th of 22
- Parking
- B3-114
- Developer
- Pad Properties Nine
- Completed
- 2020
- Service charge
- AED 22,100 /yr
- Last sold
- AED 2.62M · October 2024
- Building
- The Pad Tower
About 401, The Pad Tower
401 is a two-bedroom apartment of 1,217 sqft on the 4th 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 2,616,015, 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 continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 15 March 2024, is AED 165,000 a year: a gross yield of 6.3% on the 2024 price, before the service charge of about AED 22,100 a year.
Sales and rents for 401 over time
401 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 401 sits
All 50 2-beds →401 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. 401's AED 165,000 is in the upper 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 4th floor
All 242 units in The Pad Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 402 | 1-bed | 667 sqft | AED 2.89MAED 2,891,879 · Jun 2009June 2009 | ||
| 403 | 1-bed | 653 sqft | AED 1.37MAED 1,365,000 · Sep 2022September 2022 | 72,000 /yr | |
| 404 | 1-bed | 653 sqft | AED 1.59MAED 1,593,000 · Feb 2026February 2026 | 105,000 /yr | |
| 405 | 1-bed | 653 sqft | AED 1.2MAED 1,200,000 · Aug 2022August 2022 | 95,000 /yr | |
| 406 | 1-bed | 648 sqft | AED 1.42MAED 1,420,000 · Jun 2023June 2023 | 85,000 /yr | |
| 407 | 1-bed | 667 sqft | AED 1.8MAED 1,800,000 · Nov 2025November 2025 | ||
| 408 | 1-bed | 639 sqft | AED 1.1MAED 1,100,000 · Nov 2022November 2022 | 100,000 /yr | |
| 409 | 1-bed | 654 sqft | AED 1.37MAED 1,374,719 · Jun 2009June 2009 | 84,700 /yr | |
| 410 | 1-bed | 663 sqft | AED 1.25MAED 1,250,000 · Oct 2024October 2024 | ||
| 411 | 2-bed | 1,216 sqft | AED 1.7MAED 1,700,000 · Jan 2018January 2018 | 145,000 /yr |
401, The Pad Tower in numbers
- Sold twice: first on 1 November 2018 for AED 2,555,178, last on 31 October 2024 for AED 2,616,015 (AED 2,149 per sqft).
- Rented since December 2021 on 4 Ejari contracts. The rent fell from AED 120,000 to AED 69,120 in 2022 and recovered to AED 165,000 by March 2024.
- At AED 165,000 a year the gross yield on the 2024 price is 6.3%, 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 401, The Pad Tower
What did unit 401 last sell for?
AED 2,616,015 on 31 October 2024: AED 2,149 per sqft for 1,217 sqft. The unit has 2 registered sales; the first was AED 2,555,178 in November 2018.
What is the rent for unit 401?
AED 165,000 a year on the contract renewed on 15 March 2024. The previous contract, from March 2023, was AED 150,000; the unit has been rented since December 2021.
How big is unit 401?
1,217 sqft (113.1 sqm): a two-bedroom apartment on the 4th floor of a 22-storey tower completed in 2020.
What is unit 401 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 401, The Pad Tower
Starts from the last sale price (AED 2.62M, 31 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,616,015
- Deposit, UAE resident (20%)
- AED 523,203
- Deposit, non-resident (40%)
- AED 1,046,406
- Monthly over 25 years at 3.7%
- AED 10,703
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →