1201, AG Tower Business Bay
Sold prices and rental history: sold 3 times, last in August 2024, 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 1201, AG Tower Business Bay
What is 1201 worth today?
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Source: Dubai Land Department. Updated 1 October 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,519 sqft
- Floor
- 12th of 27
- Parking
- P3-63
- Developer
- Arabian Gulf Properties
- Completed
- 2021
- Service charge
- AED 19,200 /yr
- Last sold
- AED 2.38M · August 2024
- Building
- AG Tower Business Bay
About 1201, AG Tower Business Bay
1201 is a two-bedroom apartment of 1,519 sqft on the 12th floor of AG Tower Business Bay, a 27-storey tower in Business Bay completed in 2021 by Arabian Gulf Properties. It last sold on 26 August 2024 for AED 2,375,000, or AED 1,563 per sqft.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 1 October 2026, is AED 112,000 a year: a gross yield of 4.7% on the 2024 price, before the service charge of about AED 19,200 a year.
Sales and rents for 1201 over time
1201 has sold 3 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in AG Tower Business Bay, and where 1201 sits
All 48 2-beds →Over the last 12 months two-beds sold for AED 1,870,000 to 1,975,000, around AED 1,251 per sqft, and rent for AED 99,250 to 160,000 a year. 1201's AED 112,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Jul 20263 July 2026 | 1,519 sqft | 1,975,000 | 1,300 | ||
| 16 Mar 202616 March 2026 | 1,519 sqft | 1,870,000 | 1,231 | ||
| 5 Jan 20265 January 2026 | 1,519 sqft | 1,900,000 | 1,251 | ||
| 2 Sep 20252 September 2025 | 1,519 sqft | 2,050,000 | 1,349 |
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 12th floor
All 576 units in AG Tower Business Bay| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1203 | 1-bed | 884 sqft | AED 1.24MAED 1,241,555 · Oct 2016October 2016 | 120,000 /yr | |
| 1204 | Studio | 344 sqft | AED 756KAED 755,555 · Jan 2017January 2017 | 51,975 /yr | |
| 1205 | 1-bed | 896 sqft | AED 1.28MAED 1,281,555 · Oct 2016October 2016 | ||
| 1206 | Studio | 465 sqft | AED 700KAED 700,000 · Jan 2021January 2021 | 55,000 /yr | |
| 1207 | Studio | 469 sqft | AED 644KAED 643,902 · Sep 2016September 2016 | ||
| 1208 | 3-bed | 2,075 sqft | AED 2.08MAED 2,075,300 · Jul 2025July 2025 | 160,000 /yr | |
| 1210 | 1-bed | 867 sqft | AED 1.19MAED 1,188,586 · May 2022May 2022 | ||
| 1212 | Studio | 545 sqft | AED 729KAED 729,416 · Mar 2017March 2017 | 62,000 /yr | |
| 1213 | 1-bed | 917 sqft | AED 1.27MAED 1,268,794 · May 2023May 2023 | 85,000 /yr | |
| 1214 | Studio | 567 sqft | AED 753KAED 753,067 · Mar 2017March 2017 | 50,000 /yr | |
| 1215 | Studio | 555 sqft | AED 785KAED 785,000 · Nov 2024November 2024 | 55,000 /yr | |
| 1216 | Studio | 516 sqft | AED 775KAED 775,000 · Nov 2023November 2023 | 65,000 /yr | |
| 1217 | Studio | 546 sqft | AED 798KAED 797,555 · Mar 2017March 2017 | 70,000 /yr | |
| 1218 | Studio | 567 sqft | AED 885KAED 885,486 · Oct 2019October 2019 | ||
| 1219 | 1-bed | 1,191 sqft | No registered sale | 78,718 /yr | |
| 1202A | 2-bed | 1,500 sqft | No registered sale | ||
| 1202B | Studio | 443 sqft | AED 805KAED 805,392 · Sep 2019September 2019 | ||
| 1209A | 1-bed | 821 sqft | AED 471KAED 471,368 · Jul 2022July 2022 | 75,000 /yr | |
| 1209B | Studio | 488 sqft | AED 281KAED 280,954 · Aug 2022August 2022 | 53,471 /yr | |
| 1211A | Studio | 529 sqft | AED 688KAED 688,181 · Nov 2020November 2020 | 62,000 /yr | |
| 1211B | 1-bed | 823 sqft | AED 1.2MAED 1,200,000 · Jul 2024July 2024 | 76,625 /yr | |
| 1220A | Studio | 446 sqft | No registered sale | 55,000 /yr | |
| 1220B | 1-bed | 918 sqft | No registered sale | 70,000 /yr |
1201, AG Tower Business Bay in numbers
- Sold 3 times: first on 22 September 2019 for AED 1,812,935, last on 26 August 2024 for AED 2,375,000 (AED 1,563 per sqft).
- Rented since January 2022 on 4 Ejari contracts, from AED 95,000 to AED 112,000 a year.
- At AED 112,000 a year the gross yield on the 2024 price is 4.7%, before a service charge of about AED 19,200 a year (AED 12.62 per sqft).
- Two-beds in AG Tower Business Bay sold for AED 1,870,000–1,975,000 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 October 2026.
Questions about 1201, AG Tower Business Bay
What did unit 1201 last sell for?
AED 2,375,000 on 26 August 2024: AED 1,563 per sqft for 1,519 sqft. The unit has 3 registered sales; the first was AED 1,812,935 in September 2019.
What is the rent for unit 1201?
AED 112,000 a year on the contract signed on 1 October 2026. The previous contract, from July 2025, was AED 130,000; the unit has been rented since January 2022.
How big is unit 1201?
1,519 sqft (141.1 sqm): a two-bedroom apartment on the 12th floor of a 27-storey tower completed in 2021.
What is unit 1201 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in AG Tower Business Bay sold for AED 1,870,000 to 1,975,000 in the last 12 months, around AED 1,251 per sqft.
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Mortgage on 1201, AG Tower Business Bay
Starts from the last sale price (AED 2.38M, 26 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,375,000
- Deposit, UAE resident (20%)
- AED 475,000
- Deposit, non-resident (40%)
- AED 950,000
- Monthly over 25 years at 3.7%
- AED 9,717
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →