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Studio · 529 sqftAG Tower Business Bay, Business Bay · 12th floor · completed 2021

1211A, AG Tower Business Bay

Sold prices and rental history: sold once, by the developer in November 2020, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1211A · DLD and Ejari recordsUpdated 22 October 2024
Last soldAED 688K8 November 2020
Current rentAED 62K /yr22 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1211A, AG Tower Business Bay

What is 1211A worth today?

Last sold for AED 688,181 in 2020

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22 Oct 2024RentedNew contract
AED 62,000/yr12 months · AED 118 per sqft
5 Dec 2022RentedRenewal
AED 48,000/yr12 months · AED 91 per sqft
5 Dec 2021RentedNew contract
AED 42,000/yr12 months · AED 80 per sqft
8 Nov 2020Sold by developerOff-plan
AED 688,181AED 1,299 per sqft

Source: Dubai Land Department. Updated 22 October 2024.

Key facts

Type
Studio apartment
Size
529 sqft
Floor
12th of 27
Parking
P3-52
Developer
Arabian Gulf Properties
Completed
2021
Service charge
AED 6,700 /yr
Last sold
AED 688K · November 2020
Building
AG Tower Business Bay

About 1211A, AG Tower Business Bay

1211A is a studio of 529 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 8 November 2020 for AED 688,181, or AED 1,299 per sqft, 18% below the AED 1,576 studios in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 22 October 2024, is AED 62,000 a year: a gross yield of 9.0% on the 2020 price, before the service charge of about AED 6,700 a year.

Sales and rents for 1211A over time

Sales
Unit 1211A, 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, November 2020: AED 688,181 (AED 1,299 per sqft)

1211A has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1211A, each contractTypical studio in AG Tower Business Bay
40K50K60K2021202320252027Typical 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, December 2021: AED 42,000 a yearRenewal, December 2022: AED 48,000 a yearNew contract, October 2024: AED 62,000 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 1211A sits

All 312 studios →

1211A last sold in November 2020 at AED 1,299 per sqft, 18% 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 1,586 per sqft, and rent for AED 48,510 to 107,680 a year. 1211A's AED 62,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
6 Nov 2026780,000
23 Oct 2026830,000
15 Oct 2026800,000
3 Oct 2026800,000
22 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. 41 sold in the last 12 months.

Typical price per sqft
AED 1,428 Down 5.6%
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
12031-bedAED 1.24M · Oct 2016
1204StudioAED 756K · Jan 2017
12051-bedAED 1.28M · Oct 2016
1206StudioAED 700K · Jan 2021
1207StudioAED 644K · Sep 2016
12083-bedAED 2.08M · Jul 2025
1–7 of 23

1211A, AG Tower Business Bay in numbers

  • Sold once: by Arabian Gulf Properties on 8 November 2020 for AED 688,181, or AED 1,299 per sqft.
  • Rented since December 2021 on 3 Ejari contracts, from AED 42,000 to AED 62,000 a year.
  • At AED 62,000 a year the gross yield on the 2020 price is 9.0%, before a service charge of about AED 6,700 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 1,428 per sqft.

Source: Dubai Land Department. Updated 22 October 2024.

Questions about 1211A, AG Tower Business Bay

What did unit 1211A last sell for?

AED 688,181 on 8 November 2020, sold by the developer: AED 1,299 per sqft for 529 sqft. It is the only registered sale of the unit.

What is the rent for unit 1211A?

AED 62,000 a year on the contract signed on 22 October 2024. The previous contract, from December 2022, was AED 48,000; the unit has been rented since December 2021.

How big is unit 1211A?

529 sqft (49.1 sqm): a studio on the 12th floor of a 27-storey tower completed in 2021.

What is unit 1211A 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 1,586 per sqft.

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Mortgage on 1211A, AG Tower Business Bay

Starts from the last sale price (AED 688K, 8 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 688,181
Deposit, UAE resident (20%)
AED 137,636
Deposit, non-resident (40%)
AED 275,272
Monthly over 25 years at 3.7%
AED 2,816

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