3-bed · 2,075 sqftAG Tower Business Bay, Business Bay · 16th floor · completed 2021

1608, AG Tower Business Bay

Sold prices and rental history: no registered sale, and rented once, from June 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1608 · DLD and Ejari recordsUpdated 16 June 2022
Current rentAED 108K /yr16 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1608, AG Tower Business Bay

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16 Jun 2022RentedNew contract
AED 108,000/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 16 June 2022.

Key facts

Type
3-bed apartment
Size
2,075 sqft
Floor
16th of 27
Parking
P1-88 , P1-89
Developer
Arabian Gulf Properties
Completed
2021
Service charge
AED 26,200 /yr
Last sold
No registered sale

About 1608, AG Tower Business Bay

1608 is a three-bedroom apartment of 2,075 sqft on the 16th floor of AG Tower Business Bay, a 27-storey tower in Business Bay completed in 2021 by Arabian Gulf Properties. No sale of the unit is registered with the Dubai Land Department.

One Ejari contract is registered, from 16 June 2022. The current contract, signed on 16 June 2022, is AED 108,000 a year, before the service charge of about AED 26,200 a year.

Sales and rents for 1608 over time

Sales
Unit 1608, each saleTypical three-bed in AG Tower Business Bay
2.1M2.2M2.3M2021202320252027Typical sale price by year: 2021 AED 2,057,970; 2026 AED 2,275,000

No registered sale of 1608; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1608, each contractTypical three-bed in AG Tower Business Bay
120K140K202220242026Typical rent by year: 2022 AED 115,000; 2023 AED 130,500; 2024 AED 145,000; 2025 AED 145,000; 2026 AED 145,000New contract, June 2022: AED 108,000 a year

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

3-beds in AG Tower Business Bay, and where 1608 sits

All 23 3-beds →

Over the last 12 months three-beds sold for AED 2,000,000 to 3,000,000, around AED 1,096 per sqft, and rent for AED 127,500 to 165,000 a year. 1608's AED 108,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
28 Oct 20262,550,000
13 Aug 20263,000,000
6 Apr 20262,000,000
1 Apr 20262,000,000
4 3-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. 41 sold in the last 12 months.

Typical price per sqft
AED 1,428 Down 5.6%
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
16051-bedAED 1.29M · Jul 2017
1606StudioAED 756K · Sep 2026
1607StudioAED 880K · Sep 2025
16101-bedAED 1.28M · Feb 2020
1–7 of 23

1608, AG Tower Business Bay in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since June 2022 on one Ejari contract, at AED 108,000 a year.
  • Three-beds in AG Tower Business Bay sold for AED 2,000,000–3,000,000 in the 12 months to November 2026; the building's median across all types is AED 1,428 per sqft.

Source: Dubai Land Department. Updated 16 June 2022.

Questions about 1608, AG Tower Business Bay

What is the rent for unit 1608?

AED 108,000 a year on the contract signed on 16 June 2022.

How big is unit 1608?

2,075 sqft (192.8 sqm): a three-bedroom apartment on the 16th floor of a 27-storey tower completed in 2021.

What is unit 1608 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in AG Tower Business Bay sold for AED 2,000,000 to 3,000,000 in the last 12 months, around AED 1,096 per sqft.

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