2-bed · 1,519 sqftAG Tower Business Bay, Business Bay · 16th floor · completed 2021

1601, AG Tower Business Bay

Sold prices and rental history: sold once, by the developer in January 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1601 · DLD and Ejari recordsUpdated 25 January 2021
Last soldAED 1.96M25 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1601, AG Tower Business Bay

What is 1601 worth today?

Last sold for AED 1,960,000 in 2021

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25 Jan 2021Sold by developerOff-plan
AED 1,960,000AED 1,290 per sqft

Source: Dubai Land Department. Updated 25 January 2021.

Key facts

Type
2-bed apartment
Size
1,519 sqft
Floor
16th of 27
Parking
P3-100
Developer
Arabian Gulf Properties
Completed
2021
Service charge
AED 19,200 /yr
Last sold
AED 1.96M · January 2021

About 1601, AG Tower Business Bay

1601 is a two-bedroom apartment of 1,519 sqft on the 16th 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 25 January 2021 for AED 1,960,000, or AED 1,290 per sqft, 20% above the AED 1,074 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1601 over time

Sales
Unit 1601, each saleTypical two-bed in AG Tower Business Bay
1M2M2017202020232026Typical sale price by year: 2017 AED 2,057,555; 2019 AED 1,700,000; 2020 AED 1,900,000; 2021 AED 1,657,958; 2022 AED 874,691; 2023 AED 1,647,000; 2025 AED 1,850,000; 2026 AED 1,900,000Sold by developer, January 2021: AED 1,960,000 (AED 1,290 per sqft)

1601 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1601, each contractTypical two-bed in AG Tower Business Bay
90K100K110K202220242026Typical rent by year: 2022 AED 90,000; 2023 AED 98,000; 2024 AED 103,950; 2025 AED 106,500; 2026 AED 111,500

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in AG Tower Business Bay, and where 1601 sits

All 48 2-beds →

1601 last sold in January 2021 at AED 1,290 per sqft, 20% above what two-beds in AG Tower Business Bay were fetching at the time (AED 1,074). Over the last 12 months two-beds sold for AED 1,870,000 to 1,975,000, around AED 1,251 per sqft, and rent for AED 99,250 to 160,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Jul 20261,975,000
16 Mar 20261,870,000
5 Jan 20261,900,000
2 Sep 20252,050,000
3 2-bed 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 16th floor

All 576 units in AG Tower Business Bay
Value
16031-bedAED 1.31M · Feb 2020
1604StudioAED 800K · Sep 2023
16051-bedAED 1.29M · Jul 2017
1606StudioAED 756K · Sep 2026
1607StudioAED 880K · Sep 2025
16083-bedNo registered sale
16101-bedAED 1.28M · Feb 2020
1–7 of 23

1601, AG Tower Business Bay in numbers

  • Sold once: by Arabian Gulf Properties on 25 January 2021 for AED 1,960,000, or AED 1,290 per sqft.
  • Two-beds in AG Tower Business Bay sold for AED 1,870,000–1,975,000 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 25 January 2021.

Questions about 1601, AG Tower Business Bay

What did unit 1601 last sell for?

AED 1,960,000 on 25 January 2021, sold by the developer: AED 1,290 per sqft for 1,519 sqft. It is the only registered sale of the unit.

How big is unit 1601?

1,519 sqft (141.1 sqm): a two-bedroom apartment on the 16th floor of a 27-storey tower completed in 2021.

What is unit 1601 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in AG Tower Business Bay sold for AED 1,870,000 to 1,975,000 in the last 12 months, around AED 1,251 per sqft.

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Mortgage on 1601, AG Tower Business Bay

Starts from the last sale price (AED 1.96M, 25 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,960,000
Deposit, UAE resident (20%)
AED 392,000
Deposit, non-resident (40%)
AED 784,000
Monthly over 25 years at 3.7%
AED 8,019

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