1116, AG Tower Business Bay
Sold prices and rental history: sold once, by the developer in June 2017, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1116, AG Tower Business Bay
What is 1116 worth today?
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Source: Dubai Land Department. Updated 4 July 2026.
Key facts
- Type
- Studio apartment
- Size
- 516 sqft
- Floor
- 11th of 27
- Parking
- P2-151
- Developer
- Arabian Gulf Properties
- Completed
- 2021
- Service charge
- AED 6,500 /yr
- Last sold
- AED 711K · June 2017
- Building
- AG Tower Business Bay
About 1116, AG Tower Business Bay
1116 is a studio of 516 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 4 June 2017 for AED 710,656, or AED 1,377 per sqft, 4% below the AED 1,440 studios in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 4 July 2026, is AED 58,697 a year: a gross yield of 8.3% on the 2017 price, before the service charge of about AED 6,500 a year.
Sales and rents for 1116 over time
1116 has sold once; the dashed line is the studio median of each year in the building.
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 1116 sits
All 312 studios →1116 last sold in June 2017 at AED 1,377 per sqft, 4% below what studios in AG Tower Business Bay were fetching at the time (AED 1,440). 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. 1116's AED 58,697 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Oct 202623 October 2026 | 529 sqft | 830,000 | 1,567 | ||
| 15 Oct 202615 October 2026 | 524 sqft | 800,000 | 1,527 | ||
| 3 Oct 20263 October 2026 | 446 sqft | 800,000 | 1,795 | ||
| 23 Sep 202623 September 2026 | 472 sqft | 755,552 | 1,600 |
AG Tower Business Bay
Building576 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%
Other units on the 11th floor
All 576 units in AG Tower Business Bay| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | 2-bed | 1,519 sqft | AED 1.94MAED 1,943,555 · Jan 2020January 2020 | ||
| 1103 | 1-bed | 884 sqft | AED 1.24MAED 1,238,555 · Jul 2025July 2025 | 75,000 /yr | |
| 1104 | Studio | 524 sqft | AED 892KAED 892,000 · Oct 2025October 2025 | 58,800 /yr | |
| 1105 | 1-bed | 896 sqft | AED 1.28MAED 1,278,555 · Sep 2016September 2016 | 110,000 /yr | |
| 1106 | Studio | 472 sqft | AED 267KAED 266,925 · Jul 2022July 2022 | 58,000 /yr | |
| 1107 | Studio | 469 sqft | AED 650KAED 650,000 · Oct 2022October 2022 | ||
| 1108 | 3-bed | 2,075 sqft | No registered sale | 155,000 /yr | |
| 1110 | 1-bed | 867 sqft | No registered sale | 87,000 /yr | |
| 1112 | Studio | 545 sqft | AED 729KAED 729,416 · Mar 2017March 2017 | 57,000 /yr | |
| 1113 | 1-bed | 917 sqft | AED 1.38MAED 1,379,110 · Nov 2019November 2019 | ||
| 1114 | Studio | 567 sqft | AED 753KAED 753,067 · Mar 2017March 2017 | 55,000 /yr | |
| 1115 | Studio | 541 sqft | AED 787KAED 786,551 · Oct 2016October 2016 | ||
| 1117 | Studio | 546 sqft | AED 797KAED 796,555 · Jun 2017June 2017 | 47,300 /yr | |
| 1118 | Studio | 567 sqft | AED 885KAED 885,486 · Feb 2020February 2020 | ||
| 1119 | 1-bed | 1,191 sqft | No registered sale | 85,000 /yr | |
| 1102A | 2-bed | 1,500 sqft | No registered sale | 111,500 /yr | |
| 1102B | Studio | 443 sqft | AED 770KAED 770,000 · Jun 2025June 2025 | ||
| 1109A | 1-bed | 821 sqft | No registered sale | ||
| 1109B | Studio | 488 sqft | AED 676KAED 676,259 · Mar 2021March 2021 | 70,000 /yr | |
| 1111A | Studio | 529 sqft | AED 529KAED 529,373 · May 2021May 2021 | ||
| 1111B | 1-bed | 823 sqft | AED 823KAED 823,230 · May 2021May 2021 | 74,500 /yr | |
| 1120A | Studio | 446 sqft | AED 790KAED 790,000 · Aug 2022August 2022 | 65,000 /yr | |
| 1120B | 1-bed | 918 sqft | No registered sale | 75,600 /yr |
1116, AG Tower Business Bay in numbers
- Sold once: by Arabian Gulf Properties on 4 June 2017 for AED 710,656, or AED 1,377 per sqft.
- Rented since July 2022 on 4 Ejari contracts, from AED 44,000 to AED 58,697 a year.
- At AED 58,697 a year the gross yield on the 2017 price is 8.3%, before a service charge of about AED 6,500 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 4 July 2026.
Questions about 1116, AG Tower Business Bay
What did unit 1116 last sell for?
AED 710,656 on 4 June 2017, sold by the developer: AED 1,377 per sqft for 516 sqft. It is the only registered sale of the unit.
What is the rent for unit 1116?
AED 58,697 a year on the contract renewed on 4 July 2026. The previous contract, from July 2025, was AED 55,902; the unit has been rented since July 2022.
How big is unit 1116?
516 sqft (47.9 sqm): a studio on the 11th floor of a 27-storey tower completed in 2021.
What is unit 1116 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 1116, AG Tower Business Bay
Starts from the last sale price (AED 711K, 4 June 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 710,656
- Deposit, UAE resident (20%)
- AED 142,131
- Deposit, non-resident (40%)
- AED 284,262
- Monthly over 25 years at 3.7%
- AED 2,908
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →