Studio · 446 sqftAG Tower Business Bay, Business Bay · 16th floor · completed 2021

1620A, AG Tower Business Bay

Sold prices and rental history: sold twice, last in January 2023, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1620A · DLD and Ejari recordsUpdated 25 September 2026
Last soldAED 635K18 January 2023
Current rentAED 60K /yr25 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1620A, AG Tower Business Bay

What is 1620A worth today?

Last sold for AED 635,000 in 2023

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25 Sep 2026RentedNew contract
AED 60,000/yr12 months · AED 135 per sqft
23 Feb 2025RentedNew contract
AED 63,000/yr12 months · AED 143 per sqft
1 Feb 2024RentedRenewal
AED 57,750/yr12 months · AED 131 per sqft
1 Feb 2023RentedNew contract
AED 55,000/yr12 months · AED 125 per sqft
18 Jan 2023SoldReady
AED 635,000AED 1,425 per sqft
11 Aug 2022Sold by developerReady
AED 257,407AED 577 per sqft

Source: Dubai Land Department. Updated 25 September 2026.

Key facts

Type
Studio apartment
Size
446 sqft
Floor
16th of 27
Parking
P3-119
Developer
Arabian Gulf Properties
Completed
2021
Service charge
AED 5,600 /yr
Last sold
AED 635K · January 2023

About 1620A, AG Tower Business Bay

1620A is a studio of 446 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 18 January 2023 for AED 635,000, or AED 1,425 per sqft, 14% above the AED 1,254 studios in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, signed on 25 September 2026, is AED 60,000 a year: a gross yield of 9.4% on the 2023 price, before the service charge of about AED 5,600 a year.

Sales and rents for 1620A over time

Sales
Unit 1620A, each saleTypical studio in AG Tower Business Bay
500K2016201920222025Typical 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, August 2022: AED 257,407 (AED 577 per sqft)Sold, January 2023: AED 635,000 (AED 1,425 per sqft)

1620A has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1620A, 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, February 2023: AED 55,000 a yearRenewal, February 2024: AED 57,750 a yearNew contract, February 2025: AED 63,000 a yearNew contract, September 2026: AED 60,000 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 1620A sits

All 312 studios →

1620A last sold in January 2023 at AED 1,425 per sqft, 14% above what studios in AG Tower Business Bay were fetching at the time (AED 1,254). Over the last 12 months studios sold for AED 660,000 to 925,000, around AED 1,586 per sqft, and rent for AED 48,510 to 107,680 a year. 1620A's AED 60,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
6 Nov 2026780,000
23 Oct 2026830,000
15 Oct 2026800,000
3 Oct 2026800,000
22 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. 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

1620A, AG Tower Business Bay in numbers

  • Sold twice: first on 11 August 2022 for AED 257,407, last on 18 January 2023 for AED 635,000 (AED 1,425 per sqft).
  • Rented since February 2023 on 4 Ejari contracts, from AED 55,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2023 price is 9.4%, before a service charge of about AED 5,600 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 1,428 per sqft.

Source: Dubai Land Department. Updated 25 September 2026.

Questions about 1620A, AG Tower Business Bay

What did unit 1620A last sell for?

AED 635,000 on 18 January 2023: AED 1,425 per sqft for 446 sqft. The unit has 2 registered sales; the first was AED 257,407 in August 2022.

What is the rent for unit 1620A?

AED 60,000 a year on the contract signed on 25 September 2026. The previous contract, from February 2025, was AED 63,000; the unit has been rented since February 2023.

How big is unit 1620A?

446 sqft (41.4 sqm): a studio on the 16th floor of a 27-storey tower completed in 2021.

What is unit 1620A 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 1,586 per sqft.

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Mortgage on 1620A, AG Tower Business Bay

Starts from the last sale price (AED 635K, 18 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 635,000
Deposit, UAE resident (20%)
AED 127,000
Deposit, non-resident (40%)
AED 254,000
Monthly over 25 years at 3.7%
AED 2,598

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