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Studio · 469 sqftAG Tower Business Bay, Business Bay · 14th floor · completed 2021

1407, AG Tower Business Bay

Sold prices and rental history: sold twice, last in March 2025, and rented once, from January 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1407 · DLD and Ejari recordsUpdated 21 March 2025
Last soldAED 830K21 March 2025
Current rentAED 41K /yr1 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1407, AG Tower Business Bay

What is 1407 worth today?

Last sold for AED 830,000 in 2025

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21 Mar 2025SoldReady
AED 830,000AED 1,768 per sqft
1 Jan 2022RentedNew contract
AED 41,000/yr12 months · AED 87 per sqft
18 May 2017Sold by developerOff-plan
AED 643,902AED 1,372 per sqft

Source: Dubai Land Department. Updated 21 March 2025.

Key facts

Type
Studio apartment
Size
469 sqft
Floor
14th of 27
Parking
P3-10
Developer
Arabian Gulf Properties
Completed
2021
Service charge
AED 5,900 /yr
Last sold
AED 830K · March 2025
Building
AG Tower Business Bay

About 1407, AG Tower Business Bay

1407 is a studio of 469 sqft on the 14th floor of AG Tower Business Bay, a 27-storey tower in Business Bay completed in 2021 by Arabian Gulf Properties. It last sold on 21 March 2025 for AED 830,000, or AED 1,768 per sqft, 8% above the AED 1,639 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 January 2022. The current contract, signed on 1 January 2022, is AED 41,000 a year: a gross yield of 4.9% on the 2025 price, before the service charge of about AED 5,900 a year.

Sales and rents for 1407 over time

Sales
Unit 1407, 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, May 2017: AED 643,902 (AED 1,372 per sqft)Sold, March 2025: AED 830,000 (AED 1,768 per sqft)

1407 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1407, 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, January 2022: AED 41,000 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 1407 sits

All 312 studios →

1407 last sold in March 2025 at AED 1,768 per sqft, 8% above what studios in AG Tower Business Bay were fetching at the time (AED 1,639). 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. 1407's AED 41,000 is at the bottom 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
1406StudioAED 668K · Oct 2016
14083-bedNo registered sale
14101-bedAED 1.22M · Jun 2022
1–7 of 23

1407, AG Tower Business Bay in numbers

  • Sold twice: first on 18 May 2017 for AED 643,902, last on 21 March 2025 for AED 830,000 (AED 1,768 per sqft).
  • Rented since January 2022 on one Ejari contract, at AED 41,000 a year.
  • At AED 41,000 a year the gross yield on the 2025 price is 4.9%, before a service charge of about AED 5,900 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 21 March 2025.

Questions about 1407, AG Tower Business Bay

What did unit 1407 last sell for?

AED 830,000 on 21 March 2025: AED 1,768 per sqft for 469 sqft. The unit has 2 registered sales; the first was AED 643,902 in May 2017.

What is the rent for unit 1407?

AED 41,000 a year on the contract signed on 1 January 2022.

How big is unit 1407?

469 sqft (43.6 sqm): a studio on the 14th floor of a 27-storey tower completed in 2021.

What is unit 1407 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 1407, AG Tower Business Bay

Starts from the last sale price (AED 830K, 21 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 830,000
Deposit, UAE resident (20%)
AED 166,000
Deposit, non-resident (40%)
AED 332,000
Monthly over 25 years at 3.7%
AED 3,396

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