Studio · 472 sqftAG Tower Business Bay, Business Bay · 11th floor · completed 2021

1106, AG Tower Business Bay

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

Unit 1106 · DLD and Ejari recordsUpdated 1 November 2025
Last soldAED 267K20 July 2022
Current rentAED 85K /yr1 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1106, AG Tower Business Bay

What is 1106 worth today?

Last sold for AED 266,925 in 2022

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1 Nov 2025RentedRenewal
AED 85,000/yr12 months · AED 179 per sqft
1 Nov 2025RentedRenewal
AED 58,000/yr12 months · AED 122 per sqft
1 Nov 2024RentedNew contract
AED 58,000/yr12 months · AED 122 per sqft
10 Sep 2023RentedRenewal
AED 49,350/yr12 months · AED 104 per sqft
10 Sep 2022RentedNew contract
AED 47,000/yr12 months · AED 99 per sqft
20 Jul 2022Sold by developerReady
AED 266,925AED 565 per sqft

Source: Dubai Land Department. Updated 1 November 2025.

Key facts

Type
Studio apartment
Size
472 sqft
Floor
11th of 27
Parking
P2-117
Developer
Arabian Gulf Properties
Completed
2021
Service charge
AED 6,000 /yr
Last sold
AED 267K · July 2022

About 1106, AG Tower Business Bay

1106 is a studio of 472 sqft on the 11th 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 20 July 2022 for AED 266,925, or AED 565 per sqft, 60% below the AED 1,409 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 1 November 2025, is AED 85,000 a year: a gross yield of 31.8% on the 2022 price, before the service charge of about AED 6,000 a year.

Sales and rents for 1106 over time

Sales
Unit 1106, each saleTypical studio in AG Tower Business Bay
500K2016201920222025Typical 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, July 2022: AED 266,925 (AED 565 per sqft)

1106 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1106, each contractTypical studio in AG Tower Business Bay
40K60K80K2021202320252027Typical 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, September 2022: AED 47,000 a yearRenewal, September 2023: AED 49,350 a yearNew contract, November 2024: AED 58,000 a yearRenewal, November 2025: AED 85,000 a yearRenewal, November 2025: AED 58,000 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 1106 sits

All 312 studios →

1106 last sold in July 2022 at AED 565 per sqft, 60% below what studios in AG Tower Business Bay were fetching at the time (AED 1,409). 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. 1106's AED 85,000 is in the upper 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 11th floor

All 576 units in AG Tower Business Bay
Value
11012-bedAED 1.94M · Jan 2020
11031-bedAED 1.24M · Jul 2025
1104StudioAED 892K · Oct 2025
11051-bedAED 1.28M · Sep 2016
1107StudioAED 650K · Oct 2022
11083-bedNo registered sale
11101-bedNo registered sale
1–7 of 23

1106, AG Tower Business Bay in numbers

  • Sold once: by Arabian Gulf Properties on 20 July 2022 for AED 266,925, or AED 565 per sqft.
  • Rented since September 2022 on 5 Ejari contracts, from AED 47,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2022 price is 31.8%, before a service charge of about AED 6,000 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 November 2025.

Questions about 1106, AG Tower Business Bay

What did unit 1106 last sell for?

AED 266,925 on 20 July 2022, sold by the developer: AED 565 per sqft for 472 sqft. It is the only registered sale of the unit.

What is the rent for unit 1106?

AED 85,000 a year on the contract renewed on 1 November 2025. The previous contract, from November 2025, was AED 58,000; the unit has been rented since September 2022.

How big is unit 1106?

472 sqft (43.9 sqm): a studio on the 11th floor of a 27-storey tower completed in 2021.

What is unit 1106 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 1106, AG Tower Business Bay

Starts from the last sale price (AED 267K, 20 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 266,925
Deposit, UAE resident (20%)
AED 53,385
Deposit, non-resident (40%)
AED 106,770
Monthly over 25 years at 3.7%
AED 1,092

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