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1-bed · 884 sqftAG Tower Business Bay, Business Bay · 12th floor · completed 2021

1203, AG Tower Business Bay

Sold prices and rental history: sold once, by the developer in October 2016, and rented once, from September 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 1.24M10 October 2016
Current rentAED 120K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1203, AG Tower Business Bay

What is 1203 worth today?

Last sold for AED 1,241,555 in 2016

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1 Sep 2026RentedNew contract
AED 120,000/yr12 months · AED 136 per sqft
10 Oct 2016Sold by developerOff-plan
AED 1,241,555AED 1,403 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
1-bed apartment
Size
884 sqft
Floor
12th of 27
Parking
P3-60
Developer
Arabian Gulf Properties
Completed
2021
Service charge
AED 11,200 /yr
Last sold
AED 1.24M · October 2016
Building
AG Tower Business Bay

About 1203, AG Tower Business Bay

1203 is a one-bedroom apartment of 884 sqft on the 12th 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 10 October 2016 for AED 1,241,555, or AED 1,403 per sqft, in line with the AED 1,419 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 September 2026. The current contract, signed on 1 September 2026, is AED 120,000 a year: a gross yield of 9.7% on the 2016 price, before the service charge of about AED 11,200 a year.

Sales and rents for 1203 over time

Sales
Unit 1203, each saleTypical one-bed in AG Tower Business Bay
1.2M1.4M2016201920222025Typical sale price by year: 2016 AED 1,268,328; 2017 AED 1,263,555; 2019 AED 1,379,110; 2020 AED 1,291,176; 2021 AED 1,150,000; 2022 AED 1,254,160; 2023 AED 1,160,000; 2024 AED 1,212,500; 2025 AED 1,226,688; 2026 AED 1,200,000Sold by developer, October 2016: AED 1,241,555 (AED 1,403 per sqft)

1203 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1203, each contractTypical one-bed in AG Tower Business Bay
50K100K2021202320252027Typical rent by year: 2021 AED 60,000; 2022 AED 65,000; 2023 AED 75,000; 2024 AED 85,000; 2025 AED 85,000; 2026 AED 80,000New contract, September 2026: AED 120,000 a year

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

1-beds in AG Tower Business Bay, and where 1203 sits

All 192 1-beds →

1203 last sold in October 2016 at AED 1,403 per sqft, in line with what one-beds in AG Tower Business Bay were fetching at the time (AED 1,419). Over the last 12 months one-beds sold for AED 1,000,000 to 2,050,000, around AED 1,317 per sqft, and rent for AED 68,000 to 120,000 a year. 1203's AED 120,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
25 Sep 20261,220,000
25 Sep 20261,100,000
24 Sep 20261,400,000
16 Sep 20261,100,000
11 1-bed 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 12th floor

All 576 units in AG Tower Business Bay
Value
12012-bedAED 2.38M · Aug 2024
1204StudioAED 756K · Jan 2017
12051-bedAED 1.28M · Oct 2016
1206StudioAED 700K · Jan 2021
1207StudioAED 644K · Sep 2016
12083-bedAED 2.08M · Jul 2025
12101-bedAED 1.19M · May 2022
1–7 of 23

1203, AG Tower Business Bay in numbers

  • Sold once: by Arabian Gulf Properties on 10 October 2016 for AED 1,241,555, or AED 1,403 per sqft.
  • Rented since September 2026 on one Ejari contract, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2016 price is 9.7%, before a service charge of about AED 11,200 a year (AED 12.62 per sqft).
  • One-beds in AG Tower Business Bay sold for AED 1,000,000–2,050,000 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 September 2026.

Questions about 1203, AG Tower Business Bay

What did unit 1203 last sell for?

AED 1,241,555 on 10 October 2016, sold by the developer: AED 1,403 per sqft for 884 sqft. It is the only registered sale of the unit.

What is the rent for unit 1203?

AED 120,000 a year on the contract signed on 1 September 2026.

How big is unit 1203?

884 sqft (82.1 sqm): a one-bedroom apartment on the 12th floor of a 27-storey tower completed in 2021.

What is unit 1203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in AG Tower Business Bay sold for AED 1,000,000 to 2,050,000 in the last 12 months, around AED 1,317 per sqft.

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Mortgage on 1203, AG Tower Business Bay

Starts from the last sale price (AED 1.24M, 10 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,241,555
Deposit, UAE resident (20%)
AED 248,311
Deposit, non-resident (40%)
AED 496,622
Monthly over 25 years at 3.7%
AED 5,080

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