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Studio · 516 sqftAG Tower Business Bay, Business Bay · 13th floor · completed 2021

1316, AG Tower Business Bay

Sold prices and rental history: sold twice, last in October 2023, and rented once, from September 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1316 · DLD and Ejari recordsUpdated 28 September 2026
Last soldAED 740K18 October 2023
Current rentAED 65K /yr28 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1316, AG Tower Business Bay

What is 1316 worth today?

Last sold for AED 740,000 in 2023

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28 Sep 2026RentedNew contract
AED 65,000/yr12 months · AED 128 per sqft
18 Oct 2023SoldReady
AED 740,000AED 1,434 per sqft
12 Oct 2016Sold by developerOff-plan
AED 775,555AED 1,502 per sqft

Source: Dubai Land Department. Updated 28 September 2026.

Key facts

Type
Studio apartment
Size
516 sqft
Floor
13th of 27
Parking
P3-23
Developer
Arabian Gulf Properties
Completed
2021
Service charge
AED 6,500 /yr
Last sold
AED 740K · October 2023
Building
AG Tower Business Bay

About 1316, AG Tower Business Bay

1316 is a studio of 516 sqft on the 13th floor of AG Tower Business Bay, a 27-storey tower in Business Bay completed in 2021 by Arabian Gulf Properties. It last sold on 18 October 2023 for AED 740,000, or AED 1,434 per sqft, in line with the AED 1,420 studios in the building were fetching at the time.

One Ejari contract is registered, from 28 September 2026. The current contract, signed on 28 September 2026, is AED 65,000 a year: a gross yield of 8.8% on the 2023 price, before the service charge of about AED 6,500 a year.

Sales and rents for 1316 over time

Sales
Unit 1316, 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, October 2016: AED 775,555 (AED 1,502 per sqft)Sold, October 2023: AED 740,000 (AED 1,434 per sqft)

1316 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1316, 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 2026: AED 65,000 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 1316 sits

All 312 studios →

1316 last sold in October 2023 at AED 1,434 per sqft, in line with what studios in AG Tower Business Bay were fetching at the time (AED 1,420). 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. 1316's AED 65,000 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 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

1316, AG Tower Business Bay in numbers

  • Sold twice: first on 12 October 2016 for AED 775,555, last on 18 October 2023 for AED 740,000 (AED 1,434 per sqft).
  • Rented since September 2026 on one Ejari contract, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2023 price is 8.8%, before a service charge of about AED 6,500 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 28 September 2026.

Questions about 1316, AG Tower Business Bay

What did unit 1316 last sell for?

AED 740,000 on 18 October 2023: AED 1,434 per sqft for 516 sqft. The unit has 2 registered sales; the first was AED 775,555 in October 2016.

What is the rent for unit 1316?

AED 65,000 a year on the contract signed on 28 September 2026.

How big is unit 1316?

516 sqft (47.9 sqm): a studio on the 13th floor of a 27-storey tower completed in 2021.

What is unit 1316 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 1316, AG Tower Business Bay

Starts from the last sale price (AED 740K, 18 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 740,000
Deposit, UAE resident (20%)
AED 148,000
Deposit, non-resident (40%)
AED 296,000
Monthly over 25 years at 3.7%
AED 3,028

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