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Studio · 546 sqftAG Tower Business Bay, Business Bay · 17th floor · completed 2021

1717, AG Tower Business Bay

Sold prices and rental history: sold once, by the developer in September 2016, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1717 · DLD and Ejari recordsUpdated 23 May 2025
Last soldAED 816K28 September 2016
Current rentAED 52K /yr23 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1717, AG Tower Business Bay

What is 1717 worth today?

Last sold for AED 815,555 in 2016

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23 May 2025RentedRenewal
AED 51,975/yr12 months · AED 95 per sqft
23 May 2023RentedRenewal
AED 47,250/yr12 months · AED 86 per sqft
23 May 2022RentedNew contract
AED 45,000/yr12 months · AED 82 per sqft
28 Sep 2016Sold by developerOff-plan
AED 815,555AED 1,493 per sqft

Source: Dubai Land Department. Updated 23 May 2025.

Key facts

Type
Studio apartment
Size
546 sqft
Floor
17th of 27
Parking
P3-140
Developer
Arabian Gulf Properties
Completed
2021
Service charge
AED 6,900 /yr
Last sold
AED 816K · September 2016
Building
AG Tower Business Bay

About 1717, AG Tower Business Bay

1717 is a studio of 546 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 28 September 2016 for AED 815,555, or AED 1,493 per sqft, in line with the AED 1,489 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 23 May 2025, is AED 51,975 a year: a gross yield of 6.4% on the 2016 price, before the service charge of about AED 6,900 a year.

Sales and rents for 1717 over time

Sales
Unit 1717, each saleTypical studio in AG Tower Business Bay
700K800K2016201920222025Typical 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, September 2016: AED 815,555 (AED 1,493 per sqft)

1717 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1717, 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 2022: AED 45,000 a yearRenewal, May 2023: AED 47,250 a yearRenewal, May 2025: AED 51,975 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 1717 sits

All 312 studios →

1717 last sold in September 2016 at AED 1,493 per sqft, in line with what studios in AG Tower Business Bay were fetching at the time (AED 1,489). 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. 1717's AED 51,975 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 17th floor

All 576 units in AG Tower Business Bay
Value
17012-bedAED 2.04M · Feb 2017
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
1–7 of 23

1717, AG Tower Business Bay in numbers

  • Sold once: by Arabian Gulf Properties on 28 September 2016 for AED 815,555, or AED 1,493 per sqft.
  • Rented since May 2022 on 3 Ejari contracts, from AED 45,000 to AED 51,975 a year.
  • At AED 51,975 a year the gross yield on the 2016 price is 6.4%, 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 23 May 2025.

Questions about 1717, AG Tower Business Bay

What did unit 1717 last sell for?

AED 815,555 on 28 September 2016, sold by the developer: AED 1,493 per sqft for 546 sqft. It is the only registered sale of the unit.

What is the rent for unit 1717?

AED 51,975 a year on the contract renewed on 23 May 2025. The previous contract, from May 2023, was AED 47,250; the unit has been rented since May 2022.

How big is unit 1717?

546 sqft (50.7 sqm): a studio on the 17th floor of a 27-storey tower completed in 2021.

What is unit 1717 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 1717, AG Tower Business Bay

Starts from the last sale price (AED 816K, 28 September 2016). Switch to today's estimate once you have unlocked it.
Price
AED 815,555
Deposit, UAE resident (20%)
AED 163,111
Deposit, non-resident (40%)
AED 326,222
Monthly over 25 years at 3.7%
AED 3,337

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