2-bed · 1,465 sqftAG Tower Business Bay, Business Bay · 17th floor · completed 2021

1701, AG Tower Business Bay

Sold prices and rental history: sold once, by the developer in February 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1701 · DLD and Ejari recordsUpdated 20 February 2017
Last soldAED 2.04M20 February 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1701, AG Tower Business Bay

What is 1701 worth today?

Last sold for AED 2,044,555 in 2017

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20 Feb 2017Sold by developerOff-plan
AED 2,044,555AED 1,395 per sqft

Source: Dubai Land Department. Updated 20 February 2017.

Key facts

Type
2-bed apartment
Size
1,465 sqft
Floor
17th of 27
Parking
P3-121
Developer
Arabian Gulf Properties
Completed
2021
Service charge
AED 18,500 /yr
Last sold
AED 2.04M · February 2017

About 1701, AG Tower Business Bay

1701 is a two-bedroom apartment of 1,465 sqft on the 17th 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 20 February 2017 for AED 2,044,555, or AED 1,395 per sqft, in line with the AED 1,402 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1701 over time

Sales
Unit 1701, each saleTypical two-bed in AG Tower Business Bay
1M2M2017202020232026Typical sale price by year: 2017 AED 2,057,555; 2019 AED 1,700,000; 2020 AED 1,900,000; 2021 AED 1,657,958; 2022 AED 874,691; 2023 AED 1,647,000; 2025 AED 1,850,000; 2026 AED 1,900,000Sold by developer, February 2017: AED 2,044,555 (AED 1,395 per sqft)

1701 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1701, each contractTypical two-bed in AG Tower Business Bay
90K100K110K202220242026Typical rent by year: 2022 AED 90,000; 2023 AED 98,000; 2024 AED 103,950; 2025 AED 106,500; 2026 AED 111,500

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in AG Tower Business Bay, and where 1701 sits

All 48 2-beds →

1701 last sold in February 2017 at AED 1,395 per sqft, in line with what two-beds in AG Tower Business Bay were fetching at the time (AED 1,402). Over the last 12 months two-beds sold for AED 1,870,000 to 1,975,000, around AED 1,251 per sqft, and rent for AED 99,250 to 160,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Jul 20261,975,000
16 Mar 20261,870,000
5 Jan 20261,900,000
2 Sep 20252,050,000
3 2-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 17th floor

All 576 units in AG Tower Business Bay
Value
17031-bedAED 1.25M · Mar 2017
1704StudioAED 780K · Dec 2022
17051-bedAED 1.3M · Apr 2017
1706StudioAED 738K · Oct 2020
1707StudioAED 715K · May 2023
17083-bedNo registered sale
17101-bedAED 1.28M · Aug 2020
1–7 of 23

1701, AG Tower Business Bay in numbers

  • Sold once: by Arabian Gulf Properties on 20 February 2017 for AED 2,044,555, or AED 1,395 per sqft.
  • Two-beds in AG Tower Business Bay sold for AED 1,870,000–1,975,000 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 20 February 2017.

Questions about 1701, AG Tower Business Bay

What did unit 1701 last sell for?

AED 2,044,555 on 20 February 2017, sold by the developer: AED 1,395 per sqft for 1,465 sqft. It is the only registered sale of the unit.

How big is unit 1701?

1,465 sqft (136.1 sqm): a two-bedroom apartment on the 17th floor of a 27-storey tower completed in 2021.

What is unit 1701 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in AG Tower Business Bay sold for AED 1,870,000 to 1,975,000 in the last 12 months, around AED 1,251 per sqft.

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Mortgage on 1701, AG Tower Business Bay

Starts from the last sale price (AED 2.04M, 20 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,044,555
Deposit, UAE resident (20%)
AED 408,911
Deposit, non-resident (40%)
AED 817,822
Monthly over 25 years at 3.7%
AED 8,365

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