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Studio · 488 sqftAG Tower Business Bay, Business Bay · 13th floor · completed 2021

1309B, AG Tower Business Bay

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

Unit 1309B · DLD and Ejari recordsUpdated 1 December 2021
Last soldAED 679K7 March 2021
Current rentAED 48K /yr1 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1309B, AG Tower Business Bay

What is 1309B worth today?

Last sold for AED 679,048 in 2021

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1 Dec 2021RentedNew contract
AED 48,000/yr12 months · AED 98 per sqft
7 Mar 2021Sold by developerOff-plan
AED 679,048AED 1,390 per sqft

Source: Dubai Land Department. Updated 1 December 2021.

Key facts

Type
Studio apartment
Size
488 sqft
Floor
13th of 27
Parking
P3-31
Developer
Arabian Gulf Properties
Completed
2021
Service charge
AED 6,200 /yr
Last sold
AED 679K · March 2021
Building
AG Tower Business Bay

About 1309B, AG Tower Business Bay

1309B is a studio of 488 sqft on the 13th 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 7 March 2021 for AED 679,048, or AED 1,390 per sqft, 12% below the AED 1,576 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 December 2021. The current contract, signed on 1 December 2021, is AED 48,000 a year: a gross yield of 7.1% on the 2021 price, before the service charge of about AED 6,200 a year.

Sales and rents for 1309B over time

Sales
Unit 1309B, 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 2021: AED 679,048 (AED 1,390 per sqft)

1309B has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1309B, 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 48,000 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 1309B sits

All 312 studios →

1309B last sold in March 2021 at AED 1,390 per sqft, 12% below what studios in AG Tower Business Bay were fetching at the time (AED 1,576). Over the last 12 months studios sold for AED 660,000 to 925,000, around AED 1,586 per sqft, and rent for AED 48,510 to 107,680 a year. 1309B's AED 48,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
6 Nov 2026780,000
23 Oct 2026830,000
15 Oct 2026800,000
3 Oct 2026800,000
22 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. 41 sold in the last 12 months.

Typical price per sqft
AED 1,428 Down 5.6%
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 13th floor

All 576 units in AG Tower Business Bay
Value
13012-bedNo registered sale
13031-bedAED 1.23M · May 2017
1304StudioAED 737K · Sep 2017
13051-bedAED 1.2M · Jul 2025
1306StudioAED 630K · Nov 2022
1307StudioAED 890K · Jan 2024
13083-bedAED 2.06M · May 2021
1–7 of 23

1309B, AG Tower Business Bay in numbers

  • Sold once: by Arabian Gulf Properties on 7 March 2021 for AED 679,048, or AED 1,390 per sqft.
  • Rented since December 2021 on one Ejari contract, at AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2021 price is 7.1%, before a service charge of about AED 6,200 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 1,428 per sqft.

Source: Dubai Land Department. Updated 1 December 2021.

Questions about 1309B, AG Tower Business Bay

What did unit 1309B last sell for?

AED 679,048 on 7 March 2021, sold by the developer: AED 1,390 per sqft for 488 sqft. It is the only registered sale of the unit.

What is the rent for unit 1309B?

AED 48,000 a year on the contract signed on 1 December 2021.

How big is unit 1309B?

488 sqft (45.3 sqm): a studio on the 13th floor of a 27-storey tower completed in 2021.

What is unit 1309B 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 1,586 per sqft.

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Mortgage on 1309B, AG Tower Business Bay

Starts from the last sale price (AED 679K, 7 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 679,048
Deposit, UAE resident (20%)
AED 135,810
Deposit, non-resident (40%)
AED 271,619
Monthly over 25 years at 3.7%
AED 2,778

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