2-bed · 1,216 sqftThe Pad Tower, Business Bay · 5th floor · completed 2020

511, The Pad Tower

Sold prices and rental history: sold 3 times, last in April 2025, and rented once, from August 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 511 · DLD and Ejari recordsUpdated 28 April 2025
Last soldAED 2.67M28 April 2025
Current rentAED 90K /yr8 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, The Pad Tower

What is 511 worth today?

Last sold for AED 2,670,000 in 2025

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28 Apr 2025SoldReady
AED 2,670,000AED 2,196 per sqft
12 Dec 2021SoldReady
AED 1,620,000AED 1,332 per sqft
8 Aug 2021RentedNew contract
AED 90,000/yr12 months · AED 74 per sqft
1 Jun 2009Sold by developerOff-plan
AED 2,658,568AED 2,186 per sqft

Source: Dubai Land Department. Updated 28 April 2025.

Key facts

Type
2-bed apartment
Size
1,216 sqft
Floor
5th of 22
Parking
B3-102
Developer
Pad Properties Nine
Completed
2020
Service charge
AED 22,100 /yr
Last sold
AED 2.67M · April 2025

About 511, The Pad Tower

511 is a two-bedroom apartment of 1,216 sqft on the 5th floor of The Pad Tower, a 22-storey tower in Business Bay completed in 2020 by Pad Properties Nine. It last sold on 28 April 2025 for AED 2,670,000, or AED 2,196 per sqft, in line with the AED 2,149 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 8 August 2021. The current contract, signed on 8 August 2021, is AED 90,000 a year: a gross yield of 3.4% on the 2025 price, before the service charge of about AED 22,100 a year.

Sales and rents for 511 over time

Sales
Unit 511, 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, June 2009: AED 2,658,568 (AED 2,186 per sqft)Sold, December 2021: AED 1,620,000 (AED 1,332 per sqft)Sold, April 2025: AED 2,670,000 (AED 2,196 per sqft)

511 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 511, 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, August 2021: AED 90,000 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 511 sits

All 50 2-beds →

511 last sold in April 2025 at AED 2,196 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. 511's AED 90,000 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 5th floor

All 242 units in The Pad Tower
Value
5012-bedAED 1.73M · Jun 2022
5021-bedAED 800K · Feb 2022
5031-bedAED 1.86M · Jun 2023
5041-bedAED 800K · Jul 2021
5051-bedAED 1M · Aug 2022
5061-bedAED 800K · Nov 2021
5071-bedAED 800K · Mar 2022
1–7 of 10

511, The Pad Tower in numbers

  • Sold 3 times: first on 1 June 2009 for AED 2,658,568, last on 28 April 2025 for AED 2,670,000 (AED 2,196 per sqft).
  • Rented since August 2021 on one Ejari contract, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2025 price is 3.4%, 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 28 April 2025.

Questions about 511, The Pad Tower

What did unit 511 last sell for?

AED 2,670,000 on 28 April 2025: AED 2,196 per sqft for 1,216 sqft. The unit has 3 registered sales; the first was AED 2,658,568 in June 2009.

What is the rent for unit 511?

AED 90,000 a year on the contract signed on 8 August 2021.

How big is unit 511?

1,216 sqft (113.0 sqm): a two-bedroom apartment on the 5th floor of a 22-storey tower completed in 2020.

What is unit 511 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 511, The Pad Tower

Starts from the last sale price (AED 2.67M, 28 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,670,000
Deposit, UAE resident (20%)
AED 534,000
Deposit, non-resident (40%)
AED 1,068,000
Monthly over 25 years at 3.7%
AED 10,924

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