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Studio · 567 sqftAG Tower Business Bay, Business Bay · 16th floor · completed 2021

1614, AG Tower Business Bay

Sold prices and rental history: sold twice, last in January 2024, and rented once, from May 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1614 · DLD and Ejari recordsUpdated 1 May 2026
Last soldAED 900K3 January 2024
Current rentAED 63K /yr1 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1614, AG Tower Business Bay

What is 1614 worth today?

Last sold for AED 900,000 in 2024

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1 May 2026RentedNew contract
AED 63,000/yr12 months · AED 111 per sqft
3 Jan 2024SoldReady
AED 900,000AED 1,588 per sqft
13 Jun 2017Sold by developerOff-plan
AED 786,786AED 1,388 per sqft

Source: Dubai Land Department. Updated 1 May 2026.

Key facts

Type
Studio apartment
Size
567 sqft
Floor
16th of 27
Parking
P3-113
Developer
Arabian Gulf Properties
Completed
2021
Service charge
AED 7,200 /yr
Last sold
AED 900K · January 2024
Building
AG Tower Business Bay

About 1614, AG Tower Business Bay

1614 is a studio of 567 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 3 January 2024 for AED 900,000, or AED 1,588 per sqft, 10% above the AED 1,447 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 May 2026. The current contract, signed on 1 May 2026, is AED 63,000 a year: a gross yield of 7.0% on the 2024 price, before the service charge of about AED 7,200 a year.

Sales and rents for 1614 over time

Sales
Unit 1614, each saleTypical studio in AG Tower Business Bay
800K2016201920222025Typical sale price by year: 2016 AED 764,055; 2017 AED 753,067; 2018 AED 699,676; 2019 AED 805,392; 2020 AED 736,736; 2021 AED 751,210; 2022 AED 655,335; 2023 AED 701,041; 2024 AED 816,102; 2025 AED 830,000; 2026 AED 800,000Sold by developer, June 2017: AED 786,786 (AED 1,388 per sqft)Sold, January 2024: AED 900,000 (AED 1,588 per sqft)

1614 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1614, each contractTypical studio in AG Tower Business Bay
40K50K60K2021202320252027Typical rent by year: 2021 AED 42,000; 2022 AED 45,000; 2023 AED 55,000; 2024 AED 60,000; 2025 AED 63,000; 2026 AED 60,000New contract, May 2026: AED 63,000 a year

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 1614 sits

All 312 studios →

1614 last sold in January 2024 at AED 1,588 per sqft, 10% above what studios in AG Tower Business Bay were fetching at the time (AED 1,447). 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. 1614's AED 63,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
23 Oct 2026830,000
15 Oct 2026800,000
3 Oct 2026800,000
23 Sep 2026755,552
21 studio 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
16051-bedAED 1.29M · Jul 2017
1606StudioAED 756K · Sep 2026
1607StudioAED 880K · Sep 2025
16083-bedNo registered sale
1–7 of 23

1614, AG Tower Business Bay in numbers

  • Sold twice: first on 13 June 2017 for AED 786,786, last on 3 January 2024 for AED 900,000 (AED 1,588 per sqft).
  • Rented since May 2026 on one Ejari contract, at AED 63,000 a year.
  • At AED 63,000 a year the gross yield on the 2024 price is 7.0%, before a service charge of about AED 7,200 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 1 May 2026.

Questions about 1614, AG Tower Business Bay

What did unit 1614 last sell for?

AED 900,000 on 3 January 2024: AED 1,588 per sqft for 567 sqft. The unit has 2 registered sales; the first was AED 786,786 in June 2017.

What is the rent for unit 1614?

AED 63,000 a year on the contract signed on 1 May 2026.

How big is unit 1614?

567 sqft (52.7 sqm): a studio on the 16th floor of a 27-storey tower completed in 2021.

What is unit 1614 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 1614, AG Tower Business Bay

Starts from the last sale price (AED 900K, 3 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

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