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2-bed · 1,217 sqftThe Pad Tower, Business Bay · 8th floor · completed 2020

801, The Pad Tower

Sold prices and rental history: sold 3 times, last in May 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 801 · DLD and Ejari recordsUpdated 11 May 2022
Last soldAED 2M11 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 801, The Pad Tower

What is 801 worth today?

Last sold for AED 2,000,000 in 2022

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11 May 2022SoldReady
AED 2,000,000AED 1,643 per sqft
9 Feb 2022SoldReady
AED 1,460,100AED 1,199 per sqft
1 Jun 2009Sold by developerOff-plan
AED 2,612,394AED 2,147 per sqft

Source: Dubai Land Department. Updated 11 May 2022.

Key facts

Type
2-bed apartment
Size
1,217 sqft
Floor
8th of 22
Parking
B3-105
Developer
Pad Properties Nine
Completed
2020
Service charge
AED 22,100 /yr
Last sold
AED 2M · May 2022
Building
The Pad Tower

About 801, The Pad Tower

801 is a two-bedroom apartment of 1,217 sqft on the 8th floor of The Pad Tower, a 22-storey tower in Business Bay completed in 2020 by Pad Properties Nine. It last sold on 11 May 2022 for AED 2,000,000, or AED 1,643 per sqft, 29% above the AED 1,270 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 801 over time

Sales
Unit 801, 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 2,612,394 (AED 2,147 per sqft)Sold, February 2022: AED 1,460,100 (AED 1,199 per sqft)Sold, May 2022: AED 2,000,000 (AED 1,643 per sqft)

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

Rents
Unit 801, 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 165,000

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 801 sits

All 50 2-beds →

801 last sold in May 2022 at AED 1,643 per sqft, 29% above what two-beds in The Pad Tower were fetching at the time (AED 1,270). 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.

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 8th floor

All 242 units in The Pad Tower
Value
8021-bedAED 1M · Apr 2022
8031-bedAED 1M · Mar 2022
8041-bedAED 1M · Mar 2022
8051-bedAED 1M · Apr 2022
8061-bedAED 1M · Jun 2022
8071-bedAED 1.12M · Sep 2022
8081-bedAED 1M · May 2022
1–7 of 10

801, The Pad Tower in numbers

  • Sold 3 times: first on 1 June 2009 for AED 2,612,394, last on 11 May 2022 for AED 2,000,000 (AED 1,643 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 11 May 2022.

Questions about 801, The Pad Tower

What did unit 801 last sell for?

AED 2,000,000 on 11 May 2022: AED 1,643 per sqft for 1,217 sqft. The unit has 3 registered sales; the first was AED 2,612,394 in June 2009.

How big is unit 801?

1,217 sqft (113.1 sqm): a two-bedroom apartment on the 8th floor of a 22-storey tower completed in 2020.

What is unit 801 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 801, The Pad Tower

Starts from the last sale price (AED 2M, 11 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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