1-bed · 821 sqftAG Tower Business Bay, Business Bay · 16th floor · completed 2021

1609A, AG Tower Business Bay

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

Unit 1609A · DLD and Ejari recordsUpdated 25 November 2025
Last soldAED 471K21 July 2022
Current rentAED 85K /yr25 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1609A, AG Tower Business Bay

What is 1609A worth today?

Last sold for AED 471,368 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

25 Nov 2025RentedNew contract
AED 85,000/yr12 months · AED 104 per sqft
3 Sep 2024RentedRenewal
AED 71,610/yr12 months · AED 88 per sqft
3 Sep 2023RentedRenewal
AED 65,100/yr12 months · AED 80 per sqft
3 Sep 2022RentedNew contract
AED 62,000/yr12 months · AED 76 per sqft
21 Jul 2022Sold by developerReady
AED 471,368AED 574 per sqft

Source: Dubai Land Department. Updated 25 November 2025.

Key facts

Type
1-bed apartment
Size
821 sqft
Floor
16th of 27
Parking
P3-105
Developer
Arabian Gulf Properties
Completed
2021
Service charge
AED 10,400 /yr
Last sold
AED 471K · July 2022

About 1609A, AG Tower Business Bay

1609A is a one-bedroom apartment of 821 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 21 July 2022 for AED 471,368, or AED 574 per sqft, 58% below the AED 1,357 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 25 November 2025, is AED 85,000 a year: a gross yield of 18.0% on the 2022 price, before the service charge of about AED 10,400 a year.

Sales and rents for 1609A over time

Sales
Unit 1609A, each saleTypical one-bed in AG Tower Business Bay
500K1M1.5M2016201920222025Typical 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 1,250,344; 2023 AED 1,160,000; 2024 AED 1,212,500; 2025 AED 1,226,688; 2026 AED 1,190,000Sold by developer, July 2022: AED 471,368 (AED 574 per sqft)

1609A has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1609A, 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, September 2022: AED 62,000 a yearRenewal, September 2023: AED 65,100 a yearRenewal, September 2024: AED 71,610 a yearNew contract, November 2025: AED 85,000 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 1609A sits

All 192 1-beds →

1609A last sold in July 2022 at AED 574 per sqft, 58% below what one-beds in AG Tower Business Bay were fetching at the time (AED 1,357). Over the last 12 months one-beds sold for AED 1,000,000 to 2,050,000, around AED 1,300 per sqft, and rent for AED 68,000 to 120,000 a year. 1609A's AED 85,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
6 Nov 20261,100,000
25 Sep 20261,220,000
25 Sep 20261,100,000
24 Sep 20261,400,000
12 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. 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
16083-bedNo registered sale
1–7 of 23

1609A, AG Tower Business Bay in numbers

  • Sold once: by Arabian Gulf Properties on 21 July 2022 for AED 471,368, or AED 574 per sqft.
  • Rented since September 2022 on 4 Ejari contracts, from AED 62,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2022 price is 18.0%, before a service charge of about AED 10,400 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 1,428 per sqft.

Source: Dubai Land Department. Updated 25 November 2025.

Questions about 1609A, AG Tower Business Bay

What did unit 1609A last sell for?

AED 471,368 on 21 July 2022, sold by the developer: AED 574 per sqft for 821 sqft. It is the only registered sale of the unit.

What is the rent for unit 1609A?

AED 85,000 a year on the contract signed on 25 November 2025. The previous contract, from September 2024, was AED 71,610; the unit has been rented since September 2022.

How big is unit 1609A?

821 sqft (76.3 sqm): a one-bedroom apartment on the 16th floor of a 27-storey tower completed in 2021.

What is unit 1609A 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 1,300 per sqft.

Selling 1609A? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1609A, AG Tower Business Bay

Starts from the last sale price (AED 471K, 21 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 471,368
Deposit, UAE resident (20%)
AED 94,274
Deposit, non-resident (40%)
AED 188,547
Monthly over 25 years at 3.7%
AED 1,929

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