2-bed · 1,216 sqftThe Pad Tower, Business Bay · 7th floor · completed 2020

711, The Pad Tower

Sold prices and rental history: sold twice, last in July 2024, and rented once, from March 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 711 · DLD and Ejari recordsUpdated 12 March 2025
Last soldAED 3.39M24 July 2024
Current rentAED 175K /yr12 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 711, The Pad Tower

What is 711 worth today?

Last sold for AED 3,394,720 in 2024

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12 Mar 2025RentedNew contract
AED 175,000/yr12 months · AED 144 per sqft
24 Jul 2024SoldReady
AED 3,394,720AED 2,792 per sqft
22 Feb 2023Sold by developerReady
AED 1,459,200AED 1,200 per sqft

Source: Dubai Land Department. Updated 12 March 2025.

Key facts

Type
2-bed apartment
Size
1,216 sqft
Floor
7th of 22
Parking
B3-104, B1-66
Developer
Pad Properties Nine
Completed
2020
Service charge
AED 22,100 /yr
Last sold
AED 3.39M · July 2024

About 711, The Pad Tower

711 is a two-bedroom apartment of 1,216 sqft on the 7th floor of The Pad Tower, a 22-storey tower in Business Bay completed in 2020 by Pad Properties Nine. It last sold on 24 July 2024 for AED 3,394,720, or AED 2,792 per sqft, 31% above the AED 2,136 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 12 March 2025. The current contract, signed on 12 March 2025, is AED 175,000 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 711 over time

Sales
Unit 711, 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, February 2023: AED 1,459,200 (AED 1,200 per sqft)Sold, July 2024: AED 3,394,720 (AED 2,792 per sqft)

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

Rents
Unit 711, each contractTypical two-bed in The Pad Tower
125K150K175K2021202320252027Typical 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, March 2025: AED 175,000 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 711 sits

All 50 2-beds →

711 last sold in July 2024 at AED 2,792 per sqft, 31% above what two-beds in The Pad Tower were fetching at the time (AED 2,136). 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. 711's AED 175,000 is in the upper 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 7th floor

All 242 units in The Pad Tower
Value
7012-bedAED 3.35M · Jun 2009
7021-bedAED 765K · Mar 2021
7031-bedAED 700K · Dec 2019
7041-bedAED 1.62M · Apr 2025
7051-bedAED 1.47M · Jun 2009
7061-bedAED 1.13M · Aug 2022
7071-bedAED 1.36M · Jun 2009
1–7 of 10

711, The Pad Tower in numbers

  • Sold twice: first on 22 February 2023 for AED 1,459,200, last on 24 July 2024 for AED 3,394,720 (AED 2,792 per sqft).
  • Rented since March 2025 on one Ejari contract, at AED 175,000 a year.
  • At AED 175,000 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 12 March 2025.

Questions about 711, The Pad Tower

What did unit 711 last sell for?

AED 3,394,720 on 24 July 2024: AED 2,792 per sqft for 1,216 sqft. The unit has 2 registered sales; the first was AED 1,459,200 in February 2023.

What is the rent for unit 711?

AED 175,000 a year on the contract signed on 12 March 2025.

How big is unit 711?

1,216 sqft (113.0 sqm): a two-bedroom apartment on the 7th floor of a 22-storey tower completed in 2020.

What is unit 711 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 711, The Pad Tower

Starts from the last sale price (AED 3.39M, 24 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,394,720
Deposit, UAE resident (20%)
AED 678,944
Deposit, non-resident (40%)
AED 1,357,888
Monthly over 25 years at 3.7%
AED 13,889

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