1506, AG Tower Business Bay
Sold prices and rental history: sold 3 times, last in May 2025, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1506, AG Tower Business Bay
What is 1506 worth today?
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Source: Dubai Land Department. Updated 26 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 472 sqft
- Floor
- 15th of 27
- Parking
- P3-70
- Developer
- Arabian Gulf Properties
- Completed
- 2021
- Service charge
- AED 6,000 /yr
- Last sold
- AED 950K · May 2025
- Building
- AG Tower Business Bay
About 1506, AG Tower Business Bay
1506 is a studio of 472 sqft on the 15th floor of AG Tower Business Bay, a 27-storey tower in Business Bay completed in 2021 by Arabian Gulf Properties. It last sold on 30 May 2025 for AED 950,000, or AED 2,011 per sqft, 27% above the AED 1,584 studios in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 26 October 2026, is AED 78,000 a year: a gross yield of 8.2% on the 2025 price, before the service charge of about AED 6,000 a year.
Sales and rents for 1506 over time
1506 has sold 3 times; 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 1506 sits
All 312 studios →1506 last sold in May 2025 at AED 2,011 per sqft, 27% above what studios in AG Tower Business Bay were fetching at the time (AED 1,584). 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. 1506's AED 78,000 is in the lower half of that range.
| 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 15th floor
All 576 units in AG Tower Business Bay| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 759 sqft | AED 1.53MAED 1,525,916 · Mar 2021March 2021 | ||
| 1503 | 1-bed | 884 sqft | AED 1.25MAED 1,247,555 · Sep 2016September 2016 | 92,000 /yr | |
| 1504 | Studio | 524 sqft | AED 830KAED 830,000 · Dec 2024December 2024 | 58,000 /yr | |
| 1505 | 1-bed | 896 sqft | AED 638KAED 638,000 · Sep 2023September 2023 | 75,000 /yr | |
| 1507 | Studio | 469 sqft | AED 780KAED 780,000 · Jul 2026July 2026 | 60,000 /yr | |
| 1508 | 3-bed | 2,075 sqft | No registered sale | 149,000 /yr | |
| 1510 | 1-bed | 867 sqft | AED 1.18MAED 1,179,555 · Sep 2017September 2017 | 75,000 /yr | |
| 1512 | Studio | 545 sqft | AED 762KAED 762,076 · Apr 2017April 2017 | 65,000 /yr | |
| 1513 | 1-bed | 917 sqft | AED 1.38MAED 1,379,110 · Oct 2019October 2019 | ||
| 1514 | Studio | 567 sqft | AED 787KAED 786,786 · Apr 2017April 2017 | 65,000 /yr | |
| 1515 | Studio | 555 sqft | AED 827KAED 827,363 · Jul 2021July 2021 | ||
| 1516 | Studio | 516 sqft | AED 835KAED 835,000 · Sep 2025September 2025 | 51,275 /yr | |
| 1517 | Studio | 546 sqft | AED 753KAED 753,400 · Mar 2017March 2017 | 63,000 /yr | |
| 1518 | Studio | 567 sqft | AED 885KAED 885,486 · Nov 2019November 2019 | 68,000 /yr | |
| 1519 | 1-bed | 1,191 sqft | No registered sale | 80,000 /yr | |
| 1502A | 2-bed | 1,500 sqft | No registered sale | 105,000 /yr | |
| 1502B | Studio | 443 sqft | No registered sale | ||
| 1509A | 1-bed | 821 sqft | AED 1.05MAED 1,050,000 · Aug 2023August 2023 | 85,000 /yr | |
| 1509B | Studio | 488 sqft | AED 700KAED 700,000 · Feb 2021February 2021 | 55,000 /yr | |
| 1511A | Studio | 529 sqft | AED 750KAED 750,000 · Jun 2022June 2022 | 55,000 /yr | |
| 1511B | 1-bed | 823 sqft | AED 1.27MAED 1,270,000 · Apr 2021April 2021 | 85,000 /yr | |
| 1520A | Studio | 446 sqft | AED 845KAED 845,000 · Aug 2024August 2024 | 60,000 /yr | |
| 1520B | 1-bed | 918 sqft | AED 1.26MAED 1,257,078 · May 2022May 2022 |
1506, AG Tower Business Bay in numbers
- Sold 3 times: first on 29 September 2016 for AED 667,716, last on 30 May 2025 for AED 950,000 (AED 2,011 per sqft).
- Rented since August 2022 on 4 Ejari contracts, from AED 40,000 to AED 78,000 a year.
- At AED 78,000 a year the gross yield on the 2025 price is 8.2%, before a service charge of about AED 6,000 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 26 October 2026.
Questions about 1506, AG Tower Business Bay
What did unit 1506 last sell for?
AED 950,000 on 30 May 2025: AED 2,011 per sqft for 472 sqft. The unit has 3 registered sales; the first was AED 667,716 in September 2016.
What is the rent for unit 1506?
AED 78,000 a year on the contract signed on 26 October 2026. The previous contract, from April 2026, was AED 75,000; the unit has been rented since August 2022.
How big is unit 1506?
472 sqft (43.9 sqm): a studio on the 15th floor of a 27-storey tower completed in 2021.
What is unit 1506 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 1506, AG Tower Business Bay
Starts from the last sale price (AED 950K, 30 May 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 950,000
- Deposit, UAE resident (20%)
- AED 190,000
- Deposit, non-resident (40%)
- AED 380,000
- Monthly over 25 years at 3.7%
- AED 3,887
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →