1206, AG Tower Business Bay
Sold prices and rental history: sold once, by the developer in January 2021, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1206, AG Tower Business Bay
What is 1206 worth today?
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Source: Dubai Land Department. Updated 11 May 2026.
Key facts
- Type
- Studio apartment
- Size
- 465 sqft
- Floor
- 12th of 27
- Parking
- P3-57
- Developer
- Arabian Gulf Properties
- Completed
- 2021
- Service charge
- AED 5,900 /yr
- Last sold
- AED 700K · January 2021
- Building
- AG Tower Business Bay
About 1206, AG Tower Business Bay
1206 is a studio of 465 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 28 January 2021 for AED 700,000, or AED 1,505 per sqft, 5% below the AED 1,576 studios in the building were fetching at the time.
It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 11 May 2026, is AED 55,000 a year: a gross yield of 7.9% on the 2021 price, before the service charge of about AED 5,900 a year.
Sales and rents for 1206 over time
1206 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 1206 sits
All 312 studios →1206 last sold in January 2021 at AED 1,505 per sqft, 5% below what studios in AG Tower Business Bay were fetching at the time (AED 1,576). 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. 1206's AED 55,000 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 12th floor
All 576 units in AG Tower Business Bay| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,519 sqft | AED 2.38MAED 2,375,000 · Aug 2024August 2024 | 112,000 /yr | |
| 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 | ||
| 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 |
1206, AG Tower Business Bay in numbers
- Sold once: by Arabian Gulf Properties on 28 January 2021 for AED 700,000, or AED 1,505 per sqft.
- Rented since November 2021 on 6 Ejari contracts, from AED 45,000 to AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2021 price is 7.9%, before a service charge of about AED 5,900 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 11 May 2026.
Questions about 1206, AG Tower Business Bay
What did unit 1206 last sell for?
AED 700,000 on 28 January 2021, sold by the developer: AED 1,505 per sqft for 465 sqft. It is the only registered sale of the unit.
What is the rent for unit 1206?
AED 55,000 a year on the contract renewed on 11 May 2026. The previous contract, from May 2025, was AED 55,000; the unit has been rented since November 2021.
How big is unit 1206?
465 sqft (43.2 sqm): a studio on the 12th floor of a 27-storey tower completed in 2021.
What is unit 1206 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 1206, AG Tower Business Bay
Starts from the last sale price (AED 700K, 28 January 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 700,000
- Deposit, UAE resident (20%)
- AED 140,000
- Deposit, non-resident (40%)
- AED 280,000
- Monthly over 25 years at 3.7%
- AED 2,864
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →