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Studio · 463 sqftAG Tower Business Bay, Business Bay · 14th floor · completed 2021

1406, AG Tower Business Bay

Sold prices and rental history: sold once, by the developer in October 2016, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1406 · DLD and Ejari recordsUpdated 30 November 2025
Last soldAED 668K10 October 2016
Current rentAED 68K /yr30 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1406, AG Tower Business Bay

What is 1406 worth today?

Last sold for AED 667,716 in 2016

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30 Nov 2025RentedRenewal
AED 68,000/yr12 months · AED 144 per sqft
30 Nov 2024RentedNew contract
AED 68,000/yr12 months · AED 144 per sqft
20 Oct 2022RentedNew contract
AED 65,000/yr12 months · AED 137 per sqft
10 Oct 2016Sold by developerOff-plan
AED 667,716AED 1,442 per sqft

Source: Dubai Land Department. Updated 30 November 2025.

Key facts

Type
Studio apartment
Size
463 sqft
Floor
14th of 27
Parking
P3-11
Developer
Arabian Gulf Properties
Completed
2021
Service charge
AED 5,800 /yr
Last sold
AED 668K · October 2016
Building
AG Tower Business Bay

About 1406, AG Tower Business Bay

1406 is a studio of 463 sqft on the 14th 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 10 October 2016 for AED 667,716, or AED 1,442 per sqft, in line with the AED 1,478 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 30 November 2025, is AED 68,000 a year: a gross yield of 10.2% on the 2016 price, before the service charge of about AED 5,800 a year.

Sales and rents for 1406 over time

Sales
Unit 1406, 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 667,716 (AED 1,442 per sqft)

1406 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1406, 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, October 2022: AED 65,000 a yearNew contract, November 2024: AED 68,000 a yearRenewal, November 2025: AED 68,000 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 1406 sits

All 312 studios →

1406 last sold in October 2016 at AED 1,442 per sqft, in line with what studios in AG Tower Business Bay were fetching at the time (AED 1,478). 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. 1406's AED 68,000 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 14th floor

All 576 units in AG Tower Business Bay
Value
14012-bedAED 1.91M · Apr 2021
14031-bedAED 1.26M · Sep 2016
1404StudioAED 688K · Nov 2020
14051-bedAED 1.3M · Sep 2016
1407StudioAED 830K · Mar 2025
14083-bedNo registered sale
14101-bedAED 1.22M · Jun 2022
1–7 of 23

1406, AG Tower Business Bay in numbers

  • Sold once: by Arabian Gulf Properties on 10 October 2016 for AED 667,716, or AED 1,442 per sqft.
  • Rented since October 2022 on 3 Ejari contracts, from AED 65,000 to AED 68,000 a year.
  • At AED 68,000 a year the gross yield on the 2016 price is 10.2%, before a service charge of about AED 5,800 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 30 November 2025.

Questions about 1406, AG Tower Business Bay

What did unit 1406 last sell for?

AED 667,716 on 10 October 2016, sold by the developer: AED 1,442 per sqft for 463 sqft. It is the only registered sale of the unit.

What is the rent for unit 1406?

AED 68,000 a year on the contract renewed on 30 November 2025. The previous contract, from November 2024, was AED 68,000; the unit has been rented since October 2022.

How big is unit 1406?

463 sqft (43.0 sqm): a studio on the 14th floor of a 27-storey tower completed in 2021.

What is unit 1406 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 1406, AG Tower Business Bay

Starts from the last sale price (AED 668K, 10 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 667,716
Deposit, UAE resident (20%)
AED 133,543
Deposit, non-resident (40%)
AED 267,086
Monthly over 25 years at 3.7%
AED 2,732

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