1218, AG Tower Business Bay
Sold prices and rental history: sold once, by the developer in October 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1218, AG Tower Business Bay
What is 1218 worth today?
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Source: Dubai Land Department. Updated 8 October 2019.
Key facts
- Type
- Studio apartment
- Size
- 567 sqft
- Floor
- 12th of 27
- Parking
- P3-44
- Developer
- Arabian Gulf Properties
- Completed
- 2021
- Service charge
- AED 7,200 /yr
- Last sold
- AED 885K · October 2019
- Building
- AG Tower Business Bay
About 1218, AG Tower Business Bay
1218 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 8 October 2019 for AED 885,486, or AED 1,562 per sqft, 14% below the AED 1,816 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1218 over time
1218 has sold once; the dashed line is the studio median of each year in the building.
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 1218 sits
All 312 studios →1218 last sold in October 2019 at AED 1,562 per sqft, 14% below what studios in AG Tower Business Bay were fetching at the time (AED 1,816). 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.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Oct 202623 October 2026 | 529 sqft | 830,000 | 1,567 | ||
| 15 Oct 202615 October 2026 | 524 sqft | 800,000 | 1,527 | ||
| 3 Oct 20263 October 2026 | 446 sqft | 800,000 | 1,795 | ||
| 23 Sep 202623 September 2026 | 472 sqft | 755,552 | 1,600 |
AG Tower Business Bay
Building576 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%
Other units on the 12th floor
All 576 units in AG Tower Business Bay| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,519 sqft | AED 2.38MAED 2,375,000 · Aug 2024August 2024 | 112,000 /yr | |
| 1203 | 1-bed | 884 sqft | AED 1.24MAED 1,241,555 · Oct 2016October 2016 | 120,000 /yr | |
| 1204 | Studio | 344 sqft | AED 756KAED 755,555 · Jan 2017January 2017 | 51,975 /yr | |
| 1205 | 1-bed | 896 sqft | AED 1.28MAED 1,281,555 · Oct 2016October 2016 | ||
| 1206 | Studio | 465 sqft | AED 700KAED 700,000 · Jan 2021January 2021 | 55,000 /yr | |
| 1207 | Studio | 469 sqft | AED 644KAED 643,902 · Sep 2016September 2016 | ||
| 1208 | 3-bed | 2,075 sqft | AED 2.08MAED 2,075,300 · Jul 2025July 2025 | 160,000 /yr | |
| 1210 | 1-bed | 867 sqft | AED 1.19MAED 1,188,586 · May 2022May 2022 | ||
| 1212 | Studio | 545 sqft | AED 729KAED 729,416 · Mar 2017March 2017 | 62,000 /yr | |
| 1213 | 1-bed | 917 sqft | AED 1.27MAED 1,268,794 · May 2023May 2023 | 85,000 /yr | |
| 1214 | Studio | 567 sqft | AED 753KAED 753,067 · Mar 2017March 2017 | 50,000 /yr | |
| 1215 | Studio | 555 sqft | AED 785KAED 785,000 · Nov 2024November 2024 | 55,000 /yr | |
| 1216 | Studio | 516 sqft | AED 775KAED 775,000 · Nov 2023November 2023 | 65,000 /yr | |
| 1217 | Studio | 546 sqft | AED 798KAED 797,555 · Mar 2017March 2017 | 70,000 /yr | |
| 1219 | 1-bed | 1,191 sqft | No registered sale | 78,718 /yr | |
| 1202A | 2-bed | 1,500 sqft | No registered sale | ||
| 1202B | Studio | 443 sqft | AED 805KAED 805,392 · Sep 2019September 2019 | ||
| 1209A | 1-bed | 821 sqft | AED 471KAED 471,368 · Jul 2022July 2022 | 75,000 /yr | |
| 1209B | Studio | 488 sqft | AED 281KAED 280,954 · Aug 2022August 2022 | 53,471 /yr | |
| 1211A | Studio | 529 sqft | AED 688KAED 688,181 · Nov 2020November 2020 | 62,000 /yr | |
| 1211B | 1-bed | 823 sqft | AED 1.2MAED 1,200,000 · Jul 2024July 2024 | 76,625 /yr | |
| 1220A | Studio | 446 sqft | No registered sale | 55,000 /yr | |
| 1220B | 1-bed | 918 sqft | No registered sale | 70,000 /yr |
1218, AG Tower Business Bay in numbers
- Sold once: by Arabian Gulf Properties on 8 October 2019 for AED 885,486, or AED 1,562 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 October 2019.
Questions about 1218, AG Tower Business Bay
What did unit 1218 last sell for?
AED 885,486 on 8 October 2019, sold by the developer: AED 1,562 per sqft for 567 sqft. It is the only registered sale of the unit.
How big is unit 1218?
567 sqft (52.7 sqm): a studio on the 12th floor of a 27-storey tower completed in 2021.
What is unit 1218 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 1218? Put it on the OpenOffers board
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Mortgage on 1218, AG Tower Business Bay
Starts from the last sale price (AED 885K, 8 October 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 885,486
- Deposit, UAE resident (20%)
- AED 177,097
- Deposit, non-resident (40%)
- AED 354,194
- Monthly over 25 years at 3.7%
- AED 3,623
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →