Studio · 541 sqftAG Tower Business Bay, Business Bay · 10th floor · completed 2021

1015, AG Tower Business Bay

Sold prices and rental history: sold once, by the developer in October 2016, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1015 · DLD and Ejari recordsUpdated 1 December 2024
Last soldAED 766K12 October 2016
Current rentAED 64K /yr1 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1015, AG Tower Business Bay

What is 1015 worth today?

Last sold for AED 765,555 in 2016

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1 Dec 2024RentedRenewal
AED 64,000/yr12 months · AED 114 per sqft
1 Dec 2023RentedRenewal
AED 48,400/yr12 months · AED 86 per sqft
1 Dec 2022RentedRenewal
AED 44,000/yr12 months · AED 79 per sqft
1 Dec 2021RentedNew contract
AED 40,000/yr12 months · AED 71 per sqft
12 Oct 2016Sold by developerOff-plan
AED 765,555AED 1,415 per sqft

Source: Dubai Land Department. Updated 1 December 2024.

Key facts

Type
Studio apartment
Size
541 sqft
Floor
10th of 27
Parking
P2-103
Developer
Arabian Gulf Properties
Completed
2021
Service charge
AED 6,800 /yr
Last sold
AED 766K · October 2016

About 1015, AG Tower Business Bay

1015 is a studio of 541 sqft on the 10th floor of AG Tower Business Bay, a 27-storey tower in Business Bay completed in 2021 by Arabian Gulf Properties. The developer sold it on 12 October 2016 for AED 765,555, or AED 1,415 per sqft, 4% below the AED 1,480 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 1 December 2024, is AED 64,000 a year: a gross yield of 8.4% on the 2016 price, before the service charge of about AED 6,800 a year.

Sales and rents for 1015 over time

Sales
Unit 1015, each saleTypical studio in AG Tower Business Bay
700K800K2016201920222025Typical sale price by year: 2016 AED 764,055; 2017 AED 753,067; 2018 AED 699,676; 2019 AED 805,392; 2020 AED 736,736; 2021 AED 751,210; 2022 AED 655,335; 2023 AED 701,041; 2024 AED 816,102; 2025 AED 830,000; 2026 AED 800,000Sold by developer, October 2016: AED 765,555 (AED 1,415 per sqft)

1015 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1015, each contractTypical studio in AG Tower Business Bay
40K60K2021202320252027Typical rent by year: 2021 AED 42,000; 2022 AED 45,000; 2023 AED 55,000; 2024 AED 60,000; 2025 AED 63,000; 2026 AED 60,000New contract, December 2021: AED 40,000 a yearRenewal, December 2022: AED 44,000 a yearRenewal, December 2023: AED 48,400 a yearRenewal, December 2024: AED 64,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in AG Tower Business Bay, and where 1015 sits

All 312 studios →

1015 last sold in October 2016 at AED 1,415 per sqft, 4% below what studios in AG Tower Business Bay were fetching at the time (AED 1,480). Over the last 12 months studios sold for AED 660,000 to 925,000, around AED 1,600 per sqft, and rent for AED 48,510 to 107,680 a year. 1015's AED 64,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
23 Oct 2026830,000
15 Oct 2026800,000
3 Oct 2026800,000
23 Sep 2026755,552
21 studio sales in the last 12 months

AG Tower Business Bay

Building

576 apartments, studios to 4-bed over 27 floors in Business Bay, completed in 2021 by Arabian Gulf Properties. 39 sold in the last 12 months.

Typical price per sqft
AED 1,432 Down 5.3%
Typical sale
AED 891K
Typical rent
AED 70K /yr
Typical yield
7.3%
AG Tower Business Bay, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 576 units in AG Tower Business Bay
Value
10012-bedAED 1.5M · Jun 2025
10031-bedAED 1.24M · Aug 2024
1004StudioAED 800K · Jul 2024
10051-bedNo registered sale
1006StudioAED 828K · Jun 2024
1007StudioAED 644K · Oct 2016
10083-bedNo registered sale
1–7 of 23

1015, AG Tower Business Bay in numbers

  • Sold once: by Arabian Gulf Properties on 12 October 2016 for AED 765,555, or AED 1,415 per sqft.
  • Rented since December 2021 on 4 Ejari contracts, from AED 40,000 to AED 64,000 a year.
  • At AED 64,000 a year the gross yield on the 2016 price is 8.4%, before a service charge of about AED 6,800 a year (AED 12.62 per sqft).
  • Studios in AG Tower Business Bay sold for AED 660,000–925,000 in the 12 months to November 2026; the building's median across all types is AED 1,432 per sqft.

Source: Dubai Land Department. Updated 1 December 2024.

Questions about 1015, AG Tower Business Bay

What did unit 1015 last sell for?

AED 765,555 on 12 October 2016, sold by the developer: AED 1,415 per sqft for 541 sqft. It is the only registered sale of the unit.

What is the rent for unit 1015?

AED 64,000 a year on the contract renewed on 1 December 2024. The previous contract, from December 2023, was AED 48,400; the unit has been rented since December 2021.

How big is unit 1015?

541 sqft (50.3 sqm): a studio on the 10th floor of a 27-storey tower completed in 2021.

What is unit 1015 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in AG Tower Business Bay sold for AED 660,000 to 925,000 in the last 12 months, around AED 1,600 per sqft.

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Mortgage on 1015, AG Tower Business Bay

Starts from the last sale price (AED 766K, 12 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 765,555
Deposit, UAE resident (20%)
AED 153,111
Deposit, non-resident (40%)
AED 306,222
Monthly over 25 years at 3.7%
AED 3,132

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