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2-bed · 1,988 sqftThe Pad Tower, Business Bay · completed 2020

P11, The Pad Tower

Sold prices and rental history: sold once, by the developer in June 2020, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P11 · DLD and Ejari recordsUpdated 12 March 2025
Last soldAED 4.15M4 June 2020
Current rentAED 165K /yr12 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for P11, The Pad Tower

What is P11 worth today?

Last sold for AED 4,148,838 in 2020

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12 Mar 2025RentedNew contract
AED 165,000/yr12 months · AED 83 per sqft
25 Jan 2024RentedNew contract
AED 160,000/yr12 months · AED 80 per sqft
20 Jan 2022RentedNew contract
AED 115,000/yr12 months · AED 58 per sqft
4 Jun 2020Sold by developerOff-plan
AED 4,148,838AED 2,086 per sqft

Source: Dubai Land Department. Updated 12 March 2025.

Key facts

Type
2-bed apartment
Size
1,988 sqft
Parking
B2-111
Developer
Pad Properties Nine
Completed
2020
Service charge
AED 36,100 /yr
Last sold
AED 4.15M · June 2020
Building
The Pad Tower

About P11, The Pad Tower

P11 is a two-bedroom apartment of 1,988 sqft of The Pad Tower, a 22-storey tower in Business Bay completed in 2020 by Pad Properties Nine. The developer sold it on 4 June 2020 for AED 4,148,838, or AED 2,086 per sqft.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 12 March 2025, is AED 165,000 a year: a gross yield of 4.0% on the 2020 price, before the service charge of about AED 36,100 a year.

Sales and rents for P11 over time

Sales
Unit P11, each saleTypical two-bed in The Pad Tower
2M4M2009201420192024Typical 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 2020: AED 4,148,838 (AED 2,086 per sqft)

P11 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit P11, each contractTypical two-bed in The Pad Tower
150K2021202320252027Typical 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, January 2022: AED 115,000 a yearNew contract, January 2024: AED 160,000 a yearNew contract, March 2025: AED 165,000 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 P11 sits

All 50 2-beds →

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. P11's AED 165,000 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 →

P11, The Pad Tower in numbers

  • Sold once: by Pad Properties Nine on 4 June 2020 for AED 4,148,838, or AED 2,086 per sqft.
  • Rented since January 2022 on 3 Ejari contracts, from AED 115,000 to AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2020 price is 4.0%, before a service charge of about AED 36,100 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 P11, The Pad Tower

What did unit P11 last sell for?

AED 4,148,838 on 4 June 2020, sold by the developer: AED 2,086 per sqft for 1,988 sqft. It is the only registered sale of the unit.

What is the rent for unit P11?

AED 165,000 a year on the contract signed on 12 March 2025. The previous contract, from January 2024, was AED 160,000; the unit has been rented since January 2022.

How big is unit P11?

1,988 sqft (184.7 sqm): a two-bedroom apartment of a 22-storey tower completed in 2020.

What is unit P11 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 P11, The Pad Tower

Starts from the last sale price (AED 4.15M, 4 June 2020). Switch to today's estimate once you have unlocked it.
Price
AED 4,148,838
Deposit, UAE resident (20%)
AED 829,768
Deposit, non-resident (40%)
AED 1,659,535
Monthly over 25 years at 3.7%
AED 16,974

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