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1-bed · 917 sqftAG Tower Business Bay, Business Bay · 12th floor · completed 2021

1213, AG Tower Business Bay

Sold prices and rental history: sold once, by the developer in May 2023, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1213 · DLD and Ejari recordsUpdated 15 March 2025
Last soldAED 1.27M15 May 2023
Current rentAED 85K /yr15 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1213, AG Tower Business Bay

What is 1213 worth today?

Last sold for AED 1,268,794 in 2023

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15 Mar 2025RentedNew contract
AED 85,000/yr12 months · AED 93 per sqft
15 Mar 2025RentedNew contract
AED 85,000/yr12 months · AED 93 per sqft
1 Oct 2023RentedNew contract
AED 90,000/yr12 months · AED 98 per sqft
15 May 2023Sold by developerOff-plan
AED 1,268,794AED 1,383 per sqft

Source: Dubai Land Department. Updated 15 March 2025.

Key facts

Type
1-bed apartment
Size
917 sqft
Floor
12th of 27
Parking
P3-49
Developer
Arabian Gulf Properties
Completed
2021
Service charge
AED 11,600 /yr
Last sold
AED 1.27M · May 2023
Building
AG Tower Business Bay

About 1213, AG Tower Business Bay

1213 is a one-bedroom apartment of 917 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 15 May 2023 for AED 1,268,794, or AED 1,383 per sqft, in line with the AED 1,367 one-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 15 March 2025, is AED 85,000 a year: a gross yield of 6.7% on the 2023 price, before the service charge of about AED 11,600 a year.

Sales and rents for 1213 over time

Sales
Unit 1213, 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, May 2023: AED 1,268,794 (AED 1,383 per sqft)

1213 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1213, each contractTypical one-bed in AG Tower Business Bay
60K80K2021202320252027Typical 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, October 2023: AED 90,000 a yearNew contract, March 2025: AED 85,000 a yearNew contract, March 2025: AED 85,000 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 1213 sits

All 192 1-beds →

1213 last sold in May 2023 at AED 1,383 per sqft, in line with what one-beds in AG Tower Business Bay were fetching at the time (AED 1,367). 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. 1213's AED 85,000 is in the lower half 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
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

1213, AG Tower Business Bay in numbers

  • Sold once: by Arabian Gulf Properties on 15 May 2023 for AED 1,268,794, or AED 1,383 per sqft.
  • Rented since October 2023 on 3 Ejari contracts, from AED 90,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2023 price is 6.7%, before a service charge of about AED 11,600 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 15 March 2025.

Questions about 1213, AG Tower Business Bay

What did unit 1213 last sell for?

AED 1,268,794 on 15 May 2023, sold by the developer: AED 1,383 per sqft for 917 sqft. It is the only registered sale of the unit.

What is the rent for unit 1213?

AED 85,000 a year on the contract signed on 15 March 2025. The previous contract, from March 2025, was AED 85,000; the unit has been rented since October 2023.

How big is unit 1213?

917 sqft (85.2 sqm): a one-bedroom apartment on the 12th floor of a 27-storey tower completed in 2021.

What is unit 1213 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 1213, AG Tower Business Bay

Starts from the last sale price (AED 1.27M, 15 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,268,794
Deposit, UAE resident (20%)
AED 253,759
Deposit, non-resident (40%)
AED 507,518
Monthly over 25 years at 3.7%
AED 5,191

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