1617, AG Tower Business Bay
Sold prices and rental history: sold once, by the developer in April 2017, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1617, AG Tower Business Bay
What is 1617 worth today?
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Source: Dubai Land Department. Updated 4 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 546 sqft
- Floor
- 16th of 27
- Parking
- P3-116
- Developer
- Arabian Gulf Properties
- Completed
- 2021
- Service charge
- AED 6,900 /yr
- Last sold
- AED 764K · April 2017
- Building
- AG Tower Business Bay
About 1617, AG Tower Business Bay
1617 is a studio of 546 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 30 April 2017 for AED 764,330, or AED 1,400 per sqft, 3% below the AED 1,447 studios in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 4 September 2026, is AED 54,000 a year: a gross yield of 7.1% on the 2017 price, before the service charge of about AED 6,900 a year.
Sales and rents for 1617 over time
1617 has sold once; 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 1617 sits
All 312 studios →1617 last sold in April 2017 at AED 1,400 per sqft, 3% below 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. 1617's AED 54,000 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 | |
| 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 | |
| 1609B | Studio | 488 sqft | AED 680KAED 680,000 · Jan 2023January 2023 | 70,000 /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 |
1617, AG Tower Business Bay in numbers
- Sold once: by Arabian Gulf Properties on 30 April 2017 for AED 764,330, or AED 1,400 per sqft.
- Rented since March 2022 on 4 Ejari contracts, from AED 46,000 to AED 54,000 a year.
- At AED 54,000 a year the gross yield on the 2017 price is 7.1%, before a service charge of about AED 6,900 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 4 September 2026.
Questions about 1617, AG Tower Business Bay
What did unit 1617 last sell for?
AED 764,330 on 30 April 2017, sold by the developer: AED 1,400 per sqft for 546 sqft. It is the only registered sale of the unit.
What is the rent for unit 1617?
AED 54,000 a year on the contract signed on 4 September 2026. The previous contract, from March 2024, was AED 56,000; the unit has been rented since March 2022.
How big is unit 1617?
546 sqft (50.7 sqm): a studio on the 16th floor of a 27-storey tower completed in 2021.
What is unit 1617 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 1617, AG Tower Business Bay
Starts from the last sale price (AED 764K, 30 April 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 764,330
- Deposit, UAE resident (20%)
- AED 152,866
- Deposit, non-resident (40%)
- AED 305,732
- Monthly over 25 years at 3.7%
- AED 3,127
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →