2-bed · 1,193 sqftThe Pad Tower, Business Bay · Ground floor · completed 2020

M01, The Pad Tower

Sold prices and rental history: sold once, by the developer in October 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit M01 · DLD and Ejari recordsUpdated 20 October 2016
Last soldAED 3.48M20 October 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for M01, The Pad Tower

What is M01 worth today?

Last sold for AED 3,482,595 in 2016

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20 Oct 2016Sold by developerOff-plan
AED 3,482,595AED 2,919 per sqft

Source: Dubai Land Department. Updated 20 October 2016.

Key facts

Type
2-bed apartment
Size
1,193 sqft
Floor
Ground of 22
Parking
B2-89
Developer
Pad Properties Nine
Completed
2020
Service charge
AED 21,700 /yr
Last sold
AED 3.48M · October 2016

About M01, The Pad Tower

M01 is a two-bedroom apartment of 1,193 sqft on the ground floor of The Pad Tower, a 22-storey tower in Business Bay completed in 2020 by Pad Properties Nine. The developer sold it on 20 October 2016 for AED 3,482,595, or AED 2,919 per sqft, in line with the AED 2,876 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for M01 over time

Sales
Unit M01, 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, October 2016: AED 3,482,595 (AED 2,919 per sqft)

M01 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit M01, 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 M01 sits

All 50 2-beds →

M01 last sold in October 2016 at AED 2,919 per sqft, in line with what two-beds in The Pad Tower were fetching at the time (AED 2,876). 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 ground floor

All 242 units in The Pad Tower
Value
M021-bedAED 1.48M · Sep 2025
M031-bedAED 2.53M · Jun 2009
M041-bedAED 1.56M · Jul 2026
M051-bedAED 1.59M · Oct 2025
M061-bedAED 1.45M · May 2025
M071-bedAED 1.33M · Oct 2022
M081-bedAED 890K · Jul 2022
1–7 of 10

M01, The Pad Tower in numbers

  • Sold once: by Pad Properties Nine on 20 October 2016 for AED 3,482,595, or AED 2,919 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 20 October 2016.

Questions about M01, The Pad Tower

What did unit M01 last sell for?

AED 3,482,595 on 20 October 2016, sold by the developer: AED 2,919 per sqft for 1,193 sqft. It is the only registered sale of the unit.

How big is unit M01?

1,193 sqft (110.8 sqm): a two-bedroom apartment on the ground floor of a 22-storey tower completed in 2020.

What is unit M01 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 M01, The Pad Tower

Starts from the last sale price (AED 3.48M, 20 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 3,482,595
Deposit, UAE resident (20%)
AED 696,519
Deposit, non-resident (40%)
AED 1,393,038
Monthly over 25 years at 3.7%
AED 14,248

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