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BuildingBusiness Bay · Arabian Gulf Properties · 2021

AG Tower Business Bay

Studios to four-beds in Business Bay. 39 apartments sold in the last 12 months; every sale, rent and unit is below.

Last 12 monthsUpdated 8 November 2026
Typical price per sqftAED 1,432Down 5.3% on the year
Typical saleAED 891K39 sales
Typical rentAED 70K /yrAED 105 per sqft
Typical yield7.3%AED 12.62/sqft charge
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About AG Tower Business Bay

AG Tower Business Bay is a freehold apartment building in Business Bay, in central Dubai beside Downtown Dubai. Arabian Gulf Properties completed it in 2021. The tower has 27 storeys and 576 apartments, from studios to four-bedroom homes of 344 to 4,384 sq ft. Its neighbours include U-Bora Tower 1 (Residential), Millennium Binghatti Residences and XL Tower. Business Bay metro station on the Red Line is about 1.6 km away, on the Sheikh Zayed Road side of the district. The Burj Khalifa/Dubai Mall stop is one stop north of it. Several everyday places are within walking distance. Gala Supermarket Business Bay, Florence Medical Center and Bayside Park 2 are each about 100 m away, and the Red Looms mall is about 200 m away. UHGYM O14 Tower, listed as a school, is also about 100 m away.

576 apartments over 27 floors: 312 studios of 344 to 1,830 sqft, 192 one-beds of 804 to 4,384 sqft, 48 two-beds of 759 to 1,648 sqft, 23 three-beds of 2,075 to 3,270 sqft and 1 four-bed of 3,849 sqft. The service charge is AED 12.62 per sqft a year.

39 apartments sold in the 12 months to November 2026, at a median of AED 1,432 per sqft, down 5.3% on the year before. Most of the trading is in studios: 21 of the 39 sales, at AED 660,000 to 925,000, which is why the typical sale sits below the price of its larger homes. 288 rental contracts were registered over the same 12 months, at a typical AED 70,000 a year.

Developer
Arabian Gulf Properties
Completed
2021
Floors
27
Units
576
Unit types
Studio to 4-bed

Business Bay, Dubai

Average prices in AG Tower Business Bay

In AG Tower Business Bay, typical sale prices over the last 12 months were around AED 800,000 for studios, AED 1,190,000 for one-beds, AED 1,900,000 for two-beds and AED 2,280,000 for three-beds.

Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.

Price history in AG Tower Business Bay

1,0001,2501,5001,750May 2026Nov 20262025-11-17: AED 1,153, 1-bed, 867 sqft2025-11-21: AED 1,198, Studio, 567 sqft2025-11-26: AED 1,688, Studio, 488 sqft2025-12-17: AED 1,121, 1-bed, 1,062 sqft2025-12-26: AED 1,432, Studio, 597 sqft2026-01-05: AED 1,251, 2-bed, 1,519 sqft2026-01-19: AED 1,535, Studio, 567 sqft2026-01-22: AED 1,362, 1-bed, 917 sqft2026-02-05: AED 1,683, Studio, 446 sqft2026-02-06: AED 1,694, Studio, 546 sqft2026-02-10: AED 1,611, Studio, 546 sqft2026-02-12: AED 1,572, Studio, 567 sqft2026-03-16: AED 1,231, 2-bed, 1,519 sqft2026-03-17: AED 1,375, Studio, 545 sqft2026-04-01: AED 963, 3-bed, 2,075 sqft2026-04-06: AED 963, 3-bed, 2,075 sqft2026-04-25: AED 1,736, Studio, 443 sqft2026-05-19: AED 1,683, Studio, 446 sqft2026-06-11: AED 1,535, Studio, 545 sqft2026-06-30: AED 1,672, Studio, 524 sqft2026-07-03: AED 1,300, 2-bed, 1,519 sqft2026-07-13: AED 1,662, Studio, 469 sqft2026-08-11: AED 1,721, 1-bed, 1,191 sqft2026-08-12: AED 1,725, Studio, 443 sqft2026-08-12: AED 1,317, 1-bed, 896 sqft2026-08-13: AED 1,445, 3-bed, 2,075 sqft2026-08-25: AED 1,339, 1-bed, 896 sqft2026-08-27: AED 1,511, Studio, 529 sqft2026-09-04: AED 1,283, 1-bed, 896 sqft2026-09-16: AED 1,337, 1-bed, 823 sqft2026-09-22: AED 1,210, Studio, 545 sqft2026-09-23: AED 1,600, Studio, 472 sqft2026-09-24: AED 1,175, 1-bed, 1,191 sqft2026-09-25: AED 1,269, 1-bed, 867 sqft2026-09-25: AED 1,329, 1-bed, 918 sqft2026-10-03: AED 1,795, Studio, 446 sqft2026-10-15: AED 1,527, Studio, 524 sqft2026-10-23: AED 1,567, Studio, 529 sqft2026-10-28: AED 1,228, 3-bed, 2,075 sqftTrend: AED 1,394 to AED 1,460

Every registered sale in the last 12 months; the dashed line is the trend, grey dots are flagged outliers left out of it.

Transaction history in AG Tower Business Bay

  • Completed3-bed · 2,075 sqft 28 Oct 2026AED 2,550,0001,229 /sqft
  • CompletedStudio · 529 sqft 23 Oct 2026AED 830,0001,568 /sqft
  • CompletedStudio · 523 sqft 15 Oct 2026AED 800,0001,527 /sqft
  • CompletedStudio · 445 sqft 03 Oct 2026AED 800,0001,796 /sqft
  • Completed1-bed · 917 sqft 25 Sep 2026AED 1,220,0001,330 /sqft
  • Completed1-bed · 866 sqft 25 Sep 2026AED 1,100,0001,269 /sqft
  • Completed1-bed · 1,191 sqft 24 Sep 2026AED 1,400,0001,175 /sqft
  • CompletedStudio · 472 sqft 23 Sep 2026AED 755,5521,600 /sqft
  • CompletedStudio · 545 sqft 22 Sep 2026AED 660,0001,211 /sqft
  • Completed1-bed · 822 sqft 16 Sep 2026AED 1,100,0001,337 /sqft

Over the last 12 months, AG Tower Business Bay has recorded 39 apartment sales. Typical homes sold for around AED 891K (about AED 1,432 per sqft) with a median size of 567 sqft; most were studios, from roughly AED 660K to AED 3M.

1–10 of 657

Units in AG Tower Business Bay

576 units
  • Unit 4012-bed · 1,484 sqftRented AED 107K/yr
  • Unit 4031-bed · 932 sqftRented AED 85K/yr
  • Unit 404Studio · 597 sqftSold AED 855K, Dec 2025
  • Unit 4051-bed · 939 sqftRented AED 80K/yr
  • Unit 406Studio · 489 sqftSold AED 729K, Sep 2016
  • Unit 407Studio · 492 sqftSold AED 680K, Dec 2022
  • Unit 4083-bed · 3,270 sqftRented AED 155K/yr
  • Unit 4101-bed · 804 sqftSold AED 1.05M, Jan 2017
  • Unit 412Studio · 484 sqftSold AED 695K, Dec 2016
  • Unit 4131-bed · 1,062 sqftSold AED 1.19M, Dec 2025
1–10 of 576
Every unit in AG Tower Business Bay, by number

By type: studios (312), one-beds (192), two-beds (48), three-beds (23), four-beds (1).

Nearby in Business Bay

All 187 →
BuildingSale /sqftYield
U-Bora Tower 1 (Residential)AED 1,2277.4%
Millennium Binghatti ResidencesAED 1,4788.3%
XL TowerFew sales
Business TowerFew sales
O-14 TowerFew sales
1–5 of 186 · nearest first

AG Tower Business Bay in numbers

  • Across 39 DLD sales in the 12 months to November 2026, the median price in AG Tower Business Bay was AED 1,432 per sqft and the typical home sold for about AED 891K.
  • Completed in 2021 by Arabian Gulf Properties; 27 floors of studios to four-beds; service charge AED 12.62 per sqft a year.
  • Studios of 344 to 1,830 sqft sold for AED 660,000 to 925,000 between November 2025 and October 2026, a median AED 1,600 per sqft.
  • A studio of 344 to 1,830 sqft rents for AED 48,510 to 107,680 a year on the 167 contracts registered in the last 12 months.
  • Gross rental yield 7.3%: the median rent per sqft over the median sale price per sqft, before service charges.

Source: Dubai Land Department. Updated 8 November 2026.

Questions

How much does a studio in AG Tower Business Bay cost?

21 studios sold in the 12 months to November 2026, for AED 660,000 to 925,000; the median was AED 800,000, or AED 1,600 per sqft.

How much is a studio for rent in AG Tower Business Bay?

About AED 60,000 a year: that is the median of the 167 contracts for studios registered with Ejari in the 12 months to November 2026, from AED 48,510 to 107,680.

What is the rental yield in AG Tower Business Bay?

About 7.3% gross across the building, from about 7.3% for studios to 5.9% for two-beds, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.

Have prices in AG Tower Business Bay gone up?

The median price per sqft fell from about AED 1,513 to AED 1,432 over the 12 months to November 2026, down 5.3%, on 39 sales against 52 the year before.

What is the service charge in AG Tower Business Bay?

AED 12.62 per sqft a year. For a typical 567 sqft home that is about AED 7,200 a year.

Who built AG Tower Business Bay and when?

Arabian Gulf Properties; completed in 2021; 27 floors; 576 apartments.

How many apartments are there in AG Tower Business Bay?

576, studios to four-beds. Each has its own page with its full sales and rental history.

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