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Studio · 529 sqftAG Tower Business Bay, Business Bay · 15th floor · completed 2021

1511A, AG Tower Business Bay

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

Unit 1511A · DLD and Ejari recordsUpdated 27 August 2026
Last soldAED 750K7 June 2022
Current rentAED 55K /yr27 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1511A, AG Tower Business Bay

What is 1511A worth today?

Last sold for AED 750,000 in 2022

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27 Aug 2026RentedNew contract
AED 55,000/yr12 months · AED 104 per sqft
2 Dec 2022RentedNew contract
AED 60,000/yr12 months · AED 114 per sqft
7 Jun 2022Sold by developerReady
AED 750,000AED 1,416 per sqft

Source: Dubai Land Department. Updated 27 August 2026.

Key facts

Type
Studio apartment
Size
529 sqft
Floor
15th of 27
Parking
P3-90
Developer
Arabian Gulf Properties
Completed
2021
Service charge
AED 6,700 /yr
Last sold
AED 750K · June 2022
Building
AG Tower Business Bay

About 1511A, AG Tower Business Bay

1511A is a studio of 529 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 7 June 2022 for AED 750,000, or AED 1,416 per sqft, in line with the AED 1,434 studios in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 27 August 2026, is AED 55,000 a year: a gross yield of 7.3% on the 2022 price, before the service charge of about AED 6,700 a year.

Sales and rents for 1511A over time

Sales
Unit 1511A, 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, June 2022: AED 750,000 (AED 1,416 per sqft)

1511A has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1511A, 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, December 2022: AED 60,000 a yearNew contract, August 2026: 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 1511A sits

All 312 studios →

1511A last sold in June 2022 at AED 1,416 per sqft, in line with what studios in AG Tower Business Bay were fetching at the time (AED 1,434). 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. 1511A'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

1511A, AG Tower Business Bay in numbers

  • Sold once: by Arabian Gulf Properties on 7 June 2022 for AED 750,000, or AED 1,416 per sqft.
  • Rented since December 2022 on 2 Ejari contracts, from AED 60,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2022 price is 7.3%, before a service charge of about AED 6,700 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 27 August 2026.

Questions about 1511A, AG Tower Business Bay

What did unit 1511A last sell for?

AED 750,000 on 7 June 2022, sold by the developer: AED 1,416 per sqft for 529 sqft. It is the only registered sale of the unit.

What is the rent for unit 1511A?

AED 55,000 a year on the contract signed on 27 August 2026. The previous contract, from December 2022, was AED 60,000.

How big is unit 1511A?

529 sqft (49.1 sqm): a studio on the 15th floor of a 27-storey tower completed in 2021.

What is unit 1511A 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 1511A, AG Tower Business Bay

Starts from the last sale price (AED 750K, 7 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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