1-bed · 918 sqftAG Tower Business Bay, Business Bay · 16th floor · completed 2021

1620B, AG Tower Business Bay

Sold prices and rental history: sold once, by the developer in June 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1620B · DLD and Ejari recordsUpdated 3 June 2022
Last soldAED 1.24M3 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1620B, AG Tower Business Bay

What is 1620B worth today?

Last sold for AED 1,243,985 in 2022

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3 Jun 2022Sold by developerReady
AED 1,243,985AED 1,355 per sqft

Source: Dubai Land Department. Updated 3 June 2022.

Key facts

Type
1-bed apartment
Size
918 sqft
Floor
16th of 27
Parking
P3-120
Developer
Arabian Gulf Properties
Completed
2021
Service charge
AED 11,600 /yr
Last sold
AED 1.24M · June 2022

About 1620B, AG Tower Business Bay

1620B is a one-bedroom apartment of 918 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 3 June 2022 for AED 1,243,985, or AED 1,355 per sqft, in line with the AED 1,381 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1620B over time

Sales
Unit 1620B, each saleTypical one-bed in AG Tower Business Bay
1.2M1.4M2016201920222025Typical 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 1,254,160; 2023 AED 1,160,000; 2024 AED 1,212,500; 2025 AED 1,226,688; 2026 AED 1,200,000Sold by developer, June 2022: AED 1,243,985 (AED 1,355 per sqft)

1620B has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1620B, 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 80,000

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 1620B sits

All 192 1-beds →

1620B last sold in June 2022 at AED 1,355 per sqft, in line with what one-beds in AG Tower Business Bay were fetching at the time (AED 1,381). Over the last 12 months one-beds sold for AED 1,000,000 to 2,050,000, around AED 1,317 per sqft, and rent for AED 68,000 to 120,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
25 Sep 20261,220,000
25 Sep 20261,100,000
24 Sep 20261,400,000
16 Sep 20261,100,000
11 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. 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

1620B, AG Tower Business Bay in numbers

  • Sold once: by Arabian Gulf Properties on 3 June 2022 for AED 1,243,985, or AED 1,355 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 1,432 per sqft.

Source: Dubai Land Department. Updated 3 June 2022.

Questions about 1620B, AG Tower Business Bay

What did unit 1620B last sell for?

AED 1,243,985 on 3 June 2022, sold by the developer: AED 1,355 per sqft for 918 sqft. It is the only registered sale of the unit.

How big is unit 1620B?

918 sqft (85.3 sqm): a one-bedroom apartment on the 16th floor of a 27-storey tower completed in 2021.

What is unit 1620B 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 1,317 per sqft.

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Mortgage on 1620B, AG Tower Business Bay

Starts from the last sale price (AED 1.24M, 3 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,243,985
Deposit, UAE resident (20%)
AED 248,797
Deposit, non-resident (40%)
AED 497,594
Monthly over 25 years at 3.7%
AED 5,090

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