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Studio · 567 sqftAG Tower Business Bay, Business Bay · 11th floor · completed 2021

1114, AG Tower Business Bay

Sold prices and rental history: sold once, by the developer in March 2017, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1114 · DLD and Ejari recordsUpdated 1 December 2023
Last soldAED 753K7 March 2017
Current rentAED 55K /yr1 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1114, AG Tower Business Bay

What is 1114 worth today?

Last sold for AED 753,067 in 2017

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1 Dec 2023RentedNew contract
AED 55,000/yr12 months · AED 96 per sqft
15 Nov 2022RentedRenewal
AED 42,000/yr12 months · AED 74 per sqft
15 Nov 2021RentedNew contract
AED 40,000/yr12 months · AED 70 per sqft
7 Mar 2017Sold by developerOff-plan
AED 753,067AED 1,328 per sqft

Source: Dubai Land Department. Updated 1 December 2023.

Key facts

Type
Studio apartment
Size
567 sqft
Floor
11th of 27
Parking
P2-149
Developer
Arabian Gulf Properties
Completed
2021
Service charge
AED 7,200 /yr
Last sold
AED 753K · March 2017
Building
AG Tower Business Bay

About 1114, AG Tower Business Bay

1114 is a studio of 567 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 7 March 2017 for AED 753,067, or AED 1,328 per sqft, 10% below the AED 1,470 studios in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 1 December 2023, is AED 55,000 a year: a gross yield of 7.3% on the 2017 price, before the service charge of about AED 7,200 a year.

Sales and rents for 1114 over time

Sales
Unit 1114, 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, March 2017: AED 753,067 (AED 1,328 per sqft)

1114 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1114, 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, November 2021: AED 40,000 a yearRenewal, November 2022: AED 42,000 a yearNew contract, December 2023: AED 55,000 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 1114 sits

All 312 studios →

1114 last sold in March 2017 at AED 1,328 per sqft, 10% below what studios in AG Tower Business Bay were fetching at the time (AED 1,470). 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. 1114's AED 55,000 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 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
1106StudioAED 267K · Jul 2022
1107StudioAED 650K · Oct 2022
11083-bedNo registered sale
1–7 of 23

1114, AG Tower Business Bay in numbers

  • Sold once: by Arabian Gulf Properties on 7 March 2017 for AED 753,067, or AED 1,328 per sqft.
  • Rented since November 2021 on 3 Ejari contracts, from AED 40,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2017 price is 7.3%, before a service charge of about AED 7,200 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 2023.

Questions about 1114, AG Tower Business Bay

What did unit 1114 last sell for?

AED 753,067 on 7 March 2017, sold by the developer: AED 1,328 per sqft for 567 sqft. It is the only registered sale of the unit.

What is the rent for unit 1114?

AED 55,000 a year on the contract signed on 1 December 2023. The previous contract, from November 2022, was AED 42,000; the unit has been rented since November 2021.

How big is unit 1114?

567 sqft (52.7 sqm): a studio on the 11th floor of a 27-storey tower completed in 2021.

What is unit 1114 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 1114, AG Tower Business Bay

Starts from the last sale price (AED 753K, 7 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 753,067
Deposit, UAE resident (20%)
AED 150,613
Deposit, non-resident (40%)
AED 301,227
Monthly over 25 years at 3.7%
AED 3,081

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