Home
Dubai prices
About
Research
Studio · 546 sqftAG Tower Business Bay, Business Bay · 12th floor · completed 2021

1217, AG Tower Business Bay

Sold prices and rental history: sold once, by the developer in March 2017, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1217 · DLD and Ejari recordsUpdated 20 September 2026
Last soldAED 798K13 March 2017
Current rentAED 70K /yr20 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 1217

Property timeline for 1217, AG Tower Business Bay

What is 1217 worth today?

Last sold for AED 797,555 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

20 Sep 2026RentedRenewal
AED 70,000/yr12 months · AED 128 per sqft
20 Sep 2024RentedNew contract
AED 70,000/yr12 months · AED 128 per sqft
13 Mar 2017Sold by developerOff-plan
AED 797,555AED 1,460 per sqft

Source: Dubai Land Department. Updated 20 September 2026.

Key facts

Type
Studio apartment
Size
546 sqft
Floor
12th of 27
Parking
P3-45
Developer
Arabian Gulf Properties
Completed
2021
Service charge
AED 6,900 /yr
Last sold
AED 798K · March 2017
Building
AG Tower Business Bay

About 1217, AG Tower Business Bay

1217 is a studio of 546 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 13 March 2017 for AED 797,555, or AED 1,460 per sqft, in line with the AED 1,465 studios in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 20 September 2026, is AED 70,000 a year: a gross yield of 8.8% on the 2017 price, before the service charge of about AED 6,900 a year.

Sales and rents for 1217 over time

Sales
Unit 1217, 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 797,555 (AED 1,460 per sqft)

1217 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1217, each contractTypical studio in AG Tower Business Bay
40K60K2021202320252027Typical 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, September 2024: AED 70,000 a yearRenewal, September 2026: AED 70,000 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 1217 sits

All 312 studios →

1217 last sold in March 2017 at AED 1,460 per sqft, in line with what studios in AG Tower Business Bay were fetching at the time (AED 1,465). 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. 1217's AED 70,000 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

1217, AG Tower Business Bay in numbers

  • Sold once: by Arabian Gulf Properties on 13 March 2017 for AED 797,555, or AED 1,460 per sqft.
  • Rented since September 2024 on 2 Ejari contracts, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2017 price is 8.8%, before a service charge of about AED 6,900 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 20 September 2026.

Questions about 1217, AG Tower Business Bay

What did unit 1217 last sell for?

AED 797,555 on 13 March 2017, sold by the developer: AED 1,460 per sqft for 546 sqft. It is the only registered sale of the unit.

What is the rent for unit 1217?

AED 70,000 a year on the contract renewed on 20 September 2026. The previous contract, from September 2024, was AED 70,000.

How big is unit 1217?

546 sqft (50.7 sqm): a studio on the 12th floor of a 27-storey tower completed in 2021.

What is unit 1217 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.

Selling 1217? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1217, AG Tower Business Bay

Starts from the last sale price (AED 798K, 13 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 797,555
Deposit, UAE resident (20%)
AED 159,511
Deposit, non-resident (40%)
AED 319,022
Monthly over 25 years at 3.7%
AED 3,263

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