1-bed · 896 sqftAG Tower Business Bay, Business Bay · 16th floor · completed 2021

1605, AG Tower Business Bay

Sold prices and rental history: sold once, by the developer in July 2017, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1605 · DLD and Ejari recordsUpdated 19 September 2026
Last soldAED 1.29M24 July 2017
Current rentAED 76K /yr19 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1605, AG Tower Business Bay

What is 1605 worth today?

Last sold for AED 1,292,555 in 2017

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19 Sep 2026RentedNew contract
AED 76,002/yr12 months · AED 85 per sqft
5 Dec 2025RentedRenewal
AED 83,000/yr12 months · AED 93 per sqft
5 Dec 2024RentedRenewal
AED 78,000/yr12 months · AED 87 per sqft
5 Dec 2023RentedNew contract
AED 70,000/yr12 months · AED 78 per sqft
5 Dec 2021RentedNew contract
AED 60,000/yr12 months · AED 67 per sqft
24 Jul 2017Sold by developerOff-plan
AED 1,292,555AED 1,442 per sqft

Source: Dubai Land Department. Updated 19 September 2026.

Key facts

Type
1-bed apartment
Size
896 sqft
Floor
16th of 27
Parking
P3-95
Developer
Arabian Gulf Properties
Completed
2021
Service charge
AED 11,300 /yr
Last sold
AED 1.29M · July 2017

About 1605, AG Tower Business Bay

1605 is a one-bedroom apartment of 896 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 24 July 2017 for AED 1,292,555, or AED 1,442 per sqft, in line with the AED 1,419 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 19 September 2026, is AED 76,002 a year: a gross yield of 5.9% on the 2017 price, before the service charge of about AED 11,300 a year.

Sales and rents for 1605 over time

Sales
Unit 1605, each saleTypical one-bed in AG Tower Business Bay
1.2M1.4M2016201920222025Typical sale price by year: 2016 AED 1,268,328; 2017 AED 1,263,555; 2019 AED 1,379,110; 2020 AED 1,291,176; 2021 AED 1,150,000; 2022 AED 1,254,160; 2023 AED 1,160,000; 2024 AED 1,212,500; 2025 AED 1,226,688; 2026 AED 1,200,000Sold by developer, July 2017: AED 1,292,555 (AED 1,442 per sqft)

1605 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1605, each contractTypical one-bed in AG Tower Business Bay
60K80K2021202320252027Typical rent by year: 2021 AED 60,000; 2022 AED 65,000; 2023 AED 75,000; 2024 AED 85,000; 2025 AED 85,000; 2026 AED 80,000New contract, December 2021: AED 60,000 a yearNew contract, December 2023: AED 70,000 a yearRenewal, December 2024: AED 78,000 a yearRenewal, December 2025: AED 83,000 a yearNew contract, September 2026: AED 76,002 a year

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

1-beds in AG Tower Business Bay, and where 1605 sits

All 192 1-beds →

1605 last sold in July 2017 at AED 1,442 per sqft, in line with what one-beds in AG Tower Business Bay were fetching at the time (AED 1,419). Over the last 12 months one-beds sold for AED 1,000,000 to 2,050,000, around AED 1,317 per sqft, and rent for AED 68,000 to 120,000 a year. 1605's AED 76,002 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
25 Sep 20261,220,000
25 Sep 20261,100,000
24 Sep 20261,400,000
16 Sep 20261,100,000
11 1-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
16012-bedAED 1.96M · Jan 2021
16031-bedAED 1.31M · Feb 2020
1604StudioAED 800K · Sep 2023
1606StudioAED 756K · Sep 2026
1607StudioAED 880K · Sep 2025
16083-bedNo registered sale
16101-bedAED 1.28M · Feb 2020
1–7 of 23

1605, AG Tower Business Bay in numbers

  • Sold once: by Arabian Gulf Properties on 24 July 2017 for AED 1,292,555, or AED 1,442 per sqft.
  • Rented since December 2021 on 5 Ejari contracts, from AED 60,000 to AED 76,002 a year.
  • At AED 76,002 a year the gross yield on the 2017 price is 5.9%, before a service charge of about AED 11,300 a year (AED 12.62 per sqft).
  • One-beds in AG Tower Business Bay sold for AED 1,000,000–2,050,000 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 19 September 2026.

Questions about 1605, AG Tower Business Bay

What did unit 1605 last sell for?

AED 1,292,555 on 24 July 2017, sold by the developer: AED 1,442 per sqft for 896 sqft. It is the only registered sale of the unit.

What is the rent for unit 1605?

AED 76,002 a year on the contract signed on 19 September 2026. The previous contract, from December 2025, was AED 83,000; the unit has been rented since December 2021.

How big is unit 1605?

896 sqft (83.2 sqm): a one-bedroom apartment on the 16th floor of a 27-storey tower completed in 2021.

What is unit 1605 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in AG Tower Business Bay sold for AED 1,000,000 to 2,050,000 in the last 12 months, around AED 1,317 per sqft.

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Mortgage on 1605, AG Tower Business Bay

Starts from the last sale price (AED 1.29M, 24 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,292,555
Deposit, UAE resident (20%)
AED 258,511
Deposit, non-resident (40%)
AED 517,022
Monthly over 25 years at 3.7%
AED 5,288

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