Studio · 567 sqftAG Tower Business Bay, Business Bay · 12th floor · completed 2021

1214, AG Tower Business Bay

Sold prices and rental history: sold once, by the developer in March 2017, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1214 · DLD and Ejari recordsUpdated 25 June 2026
Last soldAED 753K19 March 2017
Current rentAED 50K /yr25 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1214, AG Tower Business Bay

What is 1214 worth today?

Last sold for AED 753,067 in 2017

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25 Jun 2026RentedRenewal
AED 50,000/yr12 months · AED 88 per sqft
25 Jun 2025RentedRenewal
AED 50,000/yr12 months · AED 88 per sqft
25 Jun 2024RentedNew contract
AED 50,000/yr12 months · AED 88 per sqft
25 Dec 2022RentedRenewal
AED 47,000/yr12 months · AED 82 per sqft
25 Dec 2021RentedNew contract
AED 43,000/yr12 months · AED 75 per sqft
19 Mar 2017Sold by developerOff-plan
AED 753,067AED 1,328 per sqft

Source: Dubai Land Department. Updated 25 June 2026.

Key facts

Type
Studio apartment
Size
567 sqft
Floor
12th of 27
Parking
P3-48
Developer
Arabian Gulf Properties
Completed
2021
Service charge
AED 7,200 /yr
Last sold
AED 753K · March 2017

About 1214, AG Tower Business Bay

1214 is a studio of 567 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 19 March 2017 for AED 753,067, or AED 1,328 per sqft, 9% below the AED 1,462 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 25 June 2026, is AED 50,000 a year: a gross yield of 6.6% on the 2017 price, before the service charge of about AED 7,200 a year.

Sales and rents for 1214 over time

Sales
Unit 1214, 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, March 2017: AED 753,067 (AED 1,328 per sqft)

1214 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1214, 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 43,000 a yearRenewal, December 2022: AED 47,000 a yearNew contract, June 2024: AED 50,000 a yearRenewal, June 2025: AED 50,000 a yearRenewal, June 2026: AED 50,000 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 1214 sits

All 312 studios →

1214 last sold in March 2017 at AED 1,328 per sqft, 9% below what studios in AG Tower Business Bay were fetching at the time (AED 1,462). 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. 1214's AED 50,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
23 Oct 2026830,000
15 Oct 2026800,000
3 Oct 2026800,000
23 Sep 2026755,552
21 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. 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

1214, AG Tower Business Bay in numbers

  • Sold once: by Arabian Gulf Properties on 19 March 2017 for AED 753,067, or AED 1,328 per sqft.
  • Rented since December 2021 on 5 Ejari contracts, from AED 43,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2017 price is 6.6%, before a service charge of about AED 7,200 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 25 June 2026.

Questions about 1214, AG Tower Business Bay

What did unit 1214 last sell for?

AED 753,067 on 19 March 2017, sold by the developer: AED 1,328 per sqft for 567 sqft. It is the only registered sale of the unit.

What is the rent for unit 1214?

AED 50,000 a year on the contract renewed on 25 June 2026. The previous contract, from June 2025, was AED 50,000; the unit has been rented since December 2021.

How big is unit 1214?

567 sqft (52.7 sqm): a studio on the 12th floor of a 27-storey tower completed in 2021.

What is unit 1214 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 1214, AG Tower Business Bay

Starts from the last sale price (AED 753K, 19 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 753,067
Deposit, UAE resident (20%)
AED 150,613
Deposit, non-resident (40%)
AED 301,227
Monthly over 25 years at 3.7%
AED 3,081

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