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Studio · 488 sqftAG Tower Business Bay, Business Bay · 15th floor · completed 2021

1509B, AG Tower Business Bay

Sold prices and rental history: sold once, by the developer in February 2021, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1509B · DLD and Ejari recordsUpdated 3 December 2022
Last soldAED 700K16 February 2021
Current rentAED 55K /yr3 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1509B, AG Tower Business Bay

What is 1509B worth today?

Last sold for AED 700,000 in 2021

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3 Dec 2022RentedNew contract
AED 55,000/yr12 months · AED 114 per sqft
21 Jan 2022RentedNew contract
AED 55,000/yr12 months · AED 114 per sqft
16 Feb 2021Sold by developerOff-plan
AED 700,000AED 1,433 per sqft

Source: Dubai Land Department. Updated 3 December 2022.

Key facts

Type
Studio apartment
Size
488 sqft
Floor
15th of 27
Parking
P3-92
Developer
Arabian Gulf Properties
Completed
2021
Service charge
AED 6,200 /yr
Last sold
AED 700K · February 2021
Building
AG Tower Business Bay

About 1509B, AG Tower Business Bay

1509B is a studio of 488 sqft on the 15th 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 16 February 2021 for AED 700,000, or AED 1,433 per sqft, 9% below the AED 1,576 studios in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 3 December 2022, is AED 55,000 a year: a gross yield of 7.9% on the 2021 price, before the service charge of about AED 6,200 a year.

Sales and rents for 1509B over time

Sales
Unit 1509B, 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, February 2021: AED 700,000 (AED 1,433 per sqft)

1509B has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1509B, 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 55,000 a yearNew contract, December 2022: AED 55,000 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 1509B sits

All 312 studios →

1509B last sold in February 2021 at AED 1,433 per sqft, 9% 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 1,600 per sqft, and rent for AED 48,510 to 107,680 a year. 1509B's AED 55,000 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 15th floor

All 576 units in AG Tower Business Bay
Value
15012-bedAED 1.53M · Mar 2021
15031-bedAED 1.25M · Sep 2016
1504StudioAED 830K · Dec 2024
15051-bedAED 638K · Sep 2023
1506StudioAED 950K · May 2025
1507StudioAED 780K · Jul 2026
15083-bedNo registered sale
1–7 of 23

1509B, AG Tower Business Bay in numbers

  • Sold once: by Arabian Gulf Properties on 16 February 2021 for AED 700,000, or AED 1,433 per sqft.
  • Rented since January 2022 on 2 Ejari contracts, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2021 price is 7.9%, 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 1,432 per sqft.

Source: Dubai Land Department. Updated 3 December 2022.

Questions about 1509B, AG Tower Business Bay

What did unit 1509B last sell for?

AED 700,000 on 16 February 2021, sold by the developer: AED 1,433 per sqft for 488 sqft. It is the only registered sale of the unit.

What is the rent for unit 1509B?

AED 55,000 a year on the contract signed on 3 December 2022. The previous contract, from January 2022, was AED 55,000.

How big is unit 1509B?

488 sqft (45.3 sqm): a studio on the 15th floor of a 27-storey tower completed in 2021.

What is unit 1509B 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 1509B, AG Tower Business Bay

Starts from the last sale price (AED 700K, 16 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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