Studio · 555 sqftAG Tower Business Bay, Business Bay · 12th floor · completed 2021

1215, AG Tower Business Bay

Sold prices and rental history: sold twice, last in November 2024, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1215 · DLD and Ejari recordsUpdated 8 March 2026
Last soldAED 785K25 November 2024
Current rentAED 55K /yr8 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1215, AG Tower Business Bay

What is 1215 worth today?

Last sold for AED 785,000 in 2024

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8 Mar 2026RentedRenewal
AED 55,000/yr12 months · AED 98 per sqft
8 Mar 2025RentedNew contract
AED 55,000/yr12 months · AED 98 per sqft
8 Mar 2025RentedNew contract
AED 55,000/yr12 months · AED 98 per sqft
25 Nov 2024SoldReady
AED 785,000AED 1,414 per sqft
8 Mar 2024RentedRenewal
AED 55,000/yr12 months · AED 98 per sqft
8 Mar 2023RentedRenewal
AED 53,500/yr12 months · AED 96 per sqft
8 Mar 2022RentedNew contract
AED 50,000/yr12 months · AED 89 per sqft
29 Sep 2016Sold by developerOff-plan
AED 788,555AED 1,457 per sqft

Source: Dubai Land Department. Updated 8 March 2026.

Key facts

Type
Studio apartment
Size
555 sqft
Floor
12th of 27
Parking
P3-47
Developer
Arabian Gulf Properties
Completed
2021
Service charge
AED 7,000 /yr
Last sold
AED 785K · November 2024

About 1215, AG Tower Business Bay

1215 is a studio of 555 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 25 November 2024 for AED 785,000, or AED 1,414 per sqft, 11% below the AED 1,588 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, renewed on 8 March 2026, is AED 55,000 a year: a gross yield of 7.0% on the 2024 price, before the service charge of about AED 7,000 a year.

Sales and rents for 1215 over time

Sales
Unit 1215, 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, September 2016: AED 788,555 (AED 1,457 per sqft)Sold, November 2024: AED 785,000 (AED 1,414 per sqft)

1215 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1215, 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, March 2022: AED 50,000 a yearRenewal, March 2023: AED 53,500 a yearRenewal, March 2024: AED 55,000 a yearNew contract, March 2025: AED 55,000 a yearNew contract, March 2025: AED 55,000 a yearRenewal, March 2026: AED 55,000 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 1215 sits

All 312 studios →

1215 last sold in November 2024 at AED 1,414 per sqft, 11% below what studios in AG Tower Business Bay were fetching at the time (AED 1,588). 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. 1215's AED 55,000 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

1215, AG Tower Business Bay in numbers

  • Sold twice: first on 29 September 2016 for AED 788,555, last on 25 November 2024 for AED 785,000 (AED 1,414 per sqft).
  • Rented since March 2022 on 6 Ejari contracts, from AED 50,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2024 price is 7.0%, before a service charge of about AED 7,000 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 8 March 2026.

Questions about 1215, AG Tower Business Bay

What did unit 1215 last sell for?

AED 785,000 on 25 November 2024: AED 1,414 per sqft for 555 sqft. The unit has 2 registered sales; the first was AED 788,555 in September 2016.

What is the rent for unit 1215?

AED 55,000 a year on the contract renewed on 8 March 2026. The previous contract, from March 2025, was AED 55,000; the unit has been rented since March 2022.

How big is unit 1215?

555 sqft (51.6 sqm): a studio on the 12th floor of a 27-storey tower completed in 2021.

What is unit 1215 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 1215, AG Tower Business Bay

Starts from the last sale price (AED 785K, 25 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 785,000
Deposit, UAE resident (20%)
AED 157,000
Deposit, non-resident (40%)
AED 314,000
Monthly over 25 years at 3.7%
AED 3,212

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