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Studio · 516 sqftAG Tower Business Bay, Business Bay · 19th floor · completed 2021

1916, AG Tower Business Bay

Sold prices and rental history: sold once, by the developer in October 2016, and rented once, from October 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1916 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 799K12 October 2016
Current rentAED 55K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1916, AG Tower Business Bay

What is 1916 worth today?

Last sold for AED 798,555 in 2016

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1 Oct 2026RentedNew contract
AED 55,000/yr12 months · AED 106 per sqft
12 Oct 2016Sold by developerOff-plan
AED 798,555AED 1,547 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
Studio apartment
Size
516 sqft
Floor
19th of 27
Parking
B2-43
Developer
Arabian Gulf Properties
Completed
2021
Service charge
AED 6,500 /yr
Last sold
AED 799K · October 2016
Building
AG Tower Business Bay

About 1916, AG Tower Business Bay

1916 is a studio of 516 sqft on the 19th 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 12 October 2016 for AED 798,555, or AED 1,547 per sqft, 5% above the AED 1,480 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 October 2026. The current contract, signed on 1 October 2026, is AED 55,000 a year: a gross yield of 6.9% on the 2016 price, before the service charge of about AED 6,500 a year.

Sales and rents for 1916 over time

Sales
Unit 1916, 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, October 2016: AED 798,555 (AED 1,547 per sqft)

1916 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1916, 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, October 2026: AED 55,000 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 1916 sits

All 312 studios →

1916 last sold in October 2016 at AED 1,547 per sqft, 5% above what studios in AG Tower Business Bay were fetching at the time (AED 1,480). 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. 1916's AED 55,000 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 19th floor

All 576 units in AG Tower Business Bay
Value
19012-bedAED 2.05M · Sep 2025
19031-bedAED 1.15M · Nov 2020
1904StudioAED 718K · May 2017
19051-bedAED 1.32M · Dec 2023
1906StudioAED 875K · Oct 2025
1907StudioAED 728K · Sep 2016
19083-bedAED 3M · Aug 2026
1–7 of 23

1916, AG Tower Business Bay in numbers

  • Sold once: by Arabian Gulf Properties on 12 October 2016 for AED 798,555, or AED 1,547 per sqft.
  • Rented since October 2026 on one Ejari contract, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2016 price is 6.9%, before a service charge of about AED 6,500 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 1 October 2026.

Questions about 1916, AG Tower Business Bay

What did unit 1916 last sell for?

AED 798,555 on 12 October 2016, sold by the developer: AED 1,547 per sqft for 516 sqft. It is the only registered sale of the unit.

What is the rent for unit 1916?

AED 55,000 a year on the contract signed on 1 October 2026.

How big is unit 1916?

516 sqft (47.9 sqm): a studio on the 19th floor of a 27-storey tower completed in 2021.

What is unit 1916 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 1916, AG Tower Business Bay

Starts from the last sale price (AED 799K, 12 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 798,555
Deposit, UAE resident (20%)
AED 159,711
Deposit, non-resident (40%)
AED 319,422
Monthly over 25 years at 3.7%
AED 3,267

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