1609B, AG Tower Business Bay
Sold prices and rental history: sold twice, last in January 2023, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1609B, AG Tower Business Bay
What is 1609B worth today?
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Source: Dubai Land Department. Updated 19 March 2025.
Key facts
- Type
- Studio apartment
- Size
- 488 sqft
- Floor
- 16th of 27
- Parking
- P3-107
- Developer
- Arabian Gulf Properties
- Completed
- 2021
- Service charge
- AED 6,200 /yr
- Last sold
- AED 680K · January 2023
- Building
- AG Tower Business Bay
About 1609B, AG Tower Business Bay
1609B is a studio of 488 sqft on the 16th floor of AG Tower Business Bay, a 27-storey tower in Business Bay completed in 2021 by Arabian Gulf Properties. It last sold on 23 January 2023 for AED 680,000, or AED 1,392 per sqft, 10% above the AED 1,261 studios in the building were fetching at the time.
It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 19 March 2025, is AED 70,000 a year: a gross yield of 10.3% on the 2023 price, before the service charge of about AED 6,200 a year.
Sales and rents for 1609B over time
1609B has sold twice; the dashed line is the studio median of each year in the building.
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 1609B sits
All 312 studios →1609B last sold in January 2023 at AED 1,392 per sqft, 10% above what studios in AG Tower Business Bay were fetching at the time (AED 1,261). 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. 1609B's AED 70,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Oct 202623 October 2026 | 529 sqft | 830,000 | 1,567 | ||
| 15 Oct 202615 October 2026 | 524 sqft | 800,000 | 1,527 | ||
| 3 Oct 20263 October 2026 | 446 sqft | 800,000 | 1,795 | ||
| 23 Sep 202623 September 2026 | 472 sqft | 755,552 | 1,600 |
AG Tower Business Bay
Building576 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%
Other units on the 16th floor
All 576 units in AG Tower Business Bay| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,519 sqft | AED 1.96MAED 1,960,000 · Jan 2021January 2021 | ||
| 1603 | 1-bed | 884 sqft | AED 1.31MAED 1,307,382 · Feb 2020February 2020 | ||
| 1604 | Studio | 524 sqft | AED 800KAED 800,000 · Sep 2023September 2023 | ||
| 1605 | 1-bed | 896 sqft | AED 1.29MAED 1,292,555 · Jul 2017July 2017 | 76,002 /yr | |
| 1606 | Studio | 472 sqft | AED 756KAED 755,552 · Sep 2026September 2026 | ||
| 1607 | Studio | 469 sqft | AED 880KAED 880,000 · Sep 2025September 2025 | 70,000 /yr | |
| 1608 | 3-bed | 2,075 sqft | No registered sale | 108,000 /yr | |
| 1610 | 1-bed | 867 sqft | AED 1.28MAED 1,276,406 · Feb 2020February 2020 | ||
| 1612 | Studio | 545 sqft | AED 735KAED 734,859 · Apr 2017April 2017 | 55,000 /yr | |
| 1613 | 1-bed | 917 sqft | AED 1.39MAED 1,389,034 · Feb 2020February 2020 | ||
| 1614 | Studio | 567 sqft | AED 900KAED 900,000 · Jan 2024January 2024 | 63,000 /yr | |
| 1615 | Studio | 555 sqft | AED 815KAED 815,000 · Mar 2024March 2024 | 72,000 /yr | |
| 1616 | Studio | 516 sqft | AED 782KAED 781,555 · Oct 2016October 2016 | 55,000 /yr | |
| 1617 | Studio | 546 sqft | AED 764KAED 764,330 · Apr 2017April 2017 | 54,000 /yr | |
| 1618 | Studio | 567 sqft | AED 885KAED 885,486 · Feb 2020February 2020 | ||
| 1619 | 1-bed | 1,191 sqft | No registered sale | 85,000 /yr | |
| 1602A | 2-bed | 1,500 sqft | AED 1.51MAED 1,514,490 · May 2021May 2021 | 100,000 /yr | |
| 1602B | Studio | 443 sqft | AED 805KAED 805,392 · Oct 2019October 2019 | ||
| 1609A | 1-bed | 821 sqft | AED 471KAED 471,368 · Jul 2022July 2022 | 85,000 /yr | |
| 1611A | Studio | 529 sqft | AED 750KAED 750,000 · Jul 2022July 2022 | 62,000 /yr | |
| 1611B | 1-bed | 823 sqft | AED 1.15MAED 1,152,468 · Mar 2021March 2021 | 65,000 /yr | |
| 1620A | Studio | 446 sqft | AED 635KAED 635,000 · Jan 2023January 2023 | 60,000 /yr | |
| 1620B | 1-bed | 918 sqft | AED 1.24MAED 1,243,985 · Jun 2022June 2022 |
1609B, AG Tower Business Bay in numbers
- Sold twice: first on 17 August 2022 for AED 280,954, last on 23 January 2023 for AED 680,000 (AED 1,392 per sqft).
- Rented since March 2023 on 3 Ejari contracts, from AED 68,000 to AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2023 price is 10.3%, before a service charge of about AED 6,200 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 19 March 2025.
Questions about 1609B, AG Tower Business Bay
What did unit 1609B last sell for?
AED 680,000 on 23 January 2023: AED 1,392 per sqft for 488 sqft. The unit has 2 registered sales; the first was AED 280,954 in August 2022.
What is the rent for unit 1609B?
AED 70,000 a year on the contract signed on 19 March 2025. The previous contract, from May 2024, was AED 72,000; the unit has been rented since March 2023.
How big is unit 1609B?
488 sqft (45.3 sqm): a studio on the 16th floor of a 27-storey tower completed in 2021.
What is unit 1609B 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 1609B, AG Tower Business Bay
Starts from the last sale price (AED 680K, 23 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 680,000
- Deposit, UAE resident (20%)
- AED 136,000
- Deposit, non-resident (40%)
- AED 272,000
- Monthly over 25 years at 3.7%
- AED 2,782
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →