1-bed · 823 sqftAG Tower Business Bay, Business Bay · 12th floor · completed 2021

1211B, AG Tower Business Bay

Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1211B · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 1.2M1 July 2024
Current rentAED 77K /yr5 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1211B, AG Tower Business Bay

What is 1211B worth today?

Last sold for AED 1,200,000 in 2024

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1 Jul 2024SoldReady
AED 1,200,000AED 1,458 per sqft
5 May 2024RentedRenewal
AED 76,625/yr12 months · AED 93 per sqft
5 May 2023RentedNew contract
AED 73,000/yr12 months · AED 89 per sqft
5 Sep 2022RentedRenewal
AED 62,000/yr6 months · AED 75 per sqft
5 Sep 2021RentedNew contract
AED 44,000/yr12 months · AED 53 per sqft
13 Jun 2021Sold by developerOff-plan
AED 1,154,844AED 1,403 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
1-bed apartment
Size
823 sqft
Floor
12th of 27
Parking
P3-51
Developer
Arabian Gulf Properties
Completed
2021
Service charge
AED 10,400 /yr
Last sold
AED 1.2M · July 2024

About 1211B, AG Tower Business Bay

1211B is a one-bedroom apartment of 823 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 1 July 2024 for AED 1,200,000, or AED 1,458 per sqft, in line with the AED 1,419 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 5 May 2024, is AED 76,625 a year: a gross yield of 6.4% on the 2024 price, before the service charge of about AED 10,400 a year.

Sales and rents for 1211B over time

Sales
Unit 1211B, 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 1,250,344; 2023 AED 1,160,000; 2024 AED 1,212,500; 2025 AED 1,226,688; 2026 AED 1,190,000Sold by developer, June 2021: AED 1,154,844 (AED 1,403 per sqft)Sold, July 2024: AED 1,200,000 (AED 1,458 per sqft)

1211B has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1211B, each contractTypical one-bed in AG Tower Business Bay
40K60K80K2021202320252027Typical 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 2021: AED 44,000 a yearRenewal, September 2022: AED 62,000 a yearNew contract, May 2023: AED 73,000 a yearRenewal, May 2024: AED 76,625 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 1211B sits

All 192 1-beds →

1211B last sold in July 2024 at AED 1,458 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 1,300 per sqft, and rent for AED 68,000 to 120,000 a year. 1211B's AED 76,625 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
6 Nov 20261,100,000
25 Sep 20261,220,000
25 Sep 20261,100,000
24 Sep 20261,400,000
12 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. 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

1211B, AG Tower Business Bay in numbers

  • Sold twice: first on 13 June 2021 for AED 1,154,844, last on 1 July 2024 for AED 1,200,000 (AED 1,458 per sqft).
  • Rented since September 2021 on 4 Ejari contracts, from AED 44,000 to AED 76,625 a year.
  • At AED 76,625 a year the gross yield on the 2024 price is 6.4%, before a service charge of about AED 10,400 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 1,428 per sqft.

Source: Dubai Land Department. Updated 1 July 2024.

Questions about 1211B, AG Tower Business Bay

What did unit 1211B last sell for?

AED 1,200,000 on 1 July 2024: AED 1,458 per sqft for 823 sqft. The unit has 2 registered sales; the first was AED 1,154,844 in June 2021.

What is the rent for unit 1211B?

AED 76,625 a year on the contract renewed on 5 May 2024. The previous contract, from May 2023, was AED 73,000; the unit has been rented since September 2021.

How big is unit 1211B?

823 sqft (76.5 sqm): a one-bedroom apartment on the 12th floor of a 27-storey tower completed in 2021.

What is unit 1211B 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 1,300 per sqft.

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Mortgage on 1211B, AG Tower Business Bay

Starts from the last sale price (AED 1.2M, 1 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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