
2012, AG Tower Business Bay
Sold prices and rental history: sold once, by the developer in July 2017, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2012, AG Tower Business Bay
What is 2012 worth today?
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Source: Dubai Land Department. Updated 18 April 2024.
Key facts
- Type
- Studio apartment
- Size
- 545 sqft
- Floor
- 20th of 27
- Parking
- B2-63
- Developer
- Arabian Gulf Properties
- Completed
- 2021
- Service charge
- AED 6,900 /yr
- Last sold
- AED 762K · July 2017
- Building
- AG Tower Business Bay
About 2012, AG Tower Business Bay
2012 is a studio of 545 sqft on the 20th 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 July 2017 for AED 762,118, or AED 1,397 per sqft, in line with the AED 1,438 studios in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 18 April 2024, is AED 50,400 a year: a gross yield of 6.6% on the 2017 price, before the service charge of about AED 6,900 a year.
Sales and rents for 2012 over time
2012 has sold once; the dashed line is the studio median of each year in the building.
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 2012 sits
All 312 studios →2012 last sold in July 2017 at AED 1,397 per sqft, in line with what studios in AG Tower Business Bay were fetching at the time (AED 1,438). 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. 2012's AED 50,400 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Oct 202623 October 2026 | 529 sqft | 830,000 | 1,567 | ||
| 15 Oct 202615 October 2026 | 524 sqft | 800,000 | 1,527 | ||
| 3 Oct 20263 October 2026 | 446 sqft | 800,000 | 1,795 | ||
| 23 Sep 202623 September 2026 | 472 sqft | 755,552 | 1,600 |
AG Tower Business Bay
Building576 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%
Other units on the 20th floor
All 576 units in AG Tower Business Bay| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 2-bed | 1,519 sqft | AED 1.87MAED 1,870,000 · Mar 2026March 2026 | 125,000 /yr | |
| 2003 | 1-bed | 884 sqft | AED 1.26MAED 1,255,555 · May 2017May 2017 | 70,000 /yr | |
| 2004 | Studio | 524 sqft | AED 737KAED 736,904 · Jun 2017June 2017 | 75,000 /yr | |
| 2005 | 1-bed | 896 sqft | AED 1.2MAED 1,200,000 · Aug 2026August 2026 | 90,000 /yr | |
| 2006 | Studio | 463 sqft | AED 746KAED 745,555 · Sep 2016September 2016 | 58,000 /yr | |
| 2007 | Studio | 464 sqft | AED 719KAED 718,555 · Oct 2016October 2016 | 60,000 /yr | |
| 2008 | 3-bed | 2,075 sqft | AED 2.68MAED 2,675,000 · Dec 2024December 2024 | 126,000 /yr | |
| 2010 | 1-bed | 867 sqft | AED 1.28MAED 1,276,406 · Aug 2019August 2019 | ||
| 2013 | 1-bed | 917 sqft | AED 1.38MAED 1,375,144 · Feb 2020February 2020 | ||
| 2014 | Studio | 567 sqft | AED 843KAED 842,555 · Oct 2016October 2016 | 58,000 /yr | |
| 2015 | Studio | 555 sqft | AED 789KAED 789,000 · Mar 2021March 2021 | 54,270 /yr | |
| 2016 | Studio | 516 sqft | AED 660KAED 660,273 · Mar 2017March 2017 | 65,000 /yr | |
| 2017 | Studio | 546 sqft | AED 816KAED 816,102 · Feb 2024February 2024 | ||
| 2018 | Studio | 567 sqft | AED 885KAED 885,486 · Oct 2019October 2019 | ||
| 2019 | 1-bed | 1,191 sqft | No registered sale | 95,000 /yr | |
| 2002A | 2-bed | 1,500 sqft | No registered sale | 110,000 /yr | |
| 2002B | Studio | 443 sqft | AED 795KAED 795,000 · Jul 2025July 2025 | ||
| 2009A | 1-bed | 821 sqft | AED 1.08MAED 1,075,252 · Mar 2021March 2021 | 75,000 /yr | |
| 2009B | Studio | 488 sqft | AED 775KAED 774,636 · Jun 2020June 2020 | ||
| 2011A | Studio | 529 sqft | AED 750KAED 750,000 · May 2025May 2025 | ||
| 2011B | 1-bed | 823 sqft | AED 1.16MAED 1,161,876 · Apr 2021April 2021 | 85,000 /yr | |
| 2020A | Studio | 446 sqft | AED 800KAED 800,000 · Dec 2023December 2023 | 60,000 /yr | |
| 2020B | 1-bed | 918 sqft | AED 1.35MAED 1,351,550 · May 2022May 2022 | 90,000 /yr |
2012, AG Tower Business Bay in numbers
- Sold once: by Arabian Gulf Properties on 3 July 2017 for AED 762,118, or AED 1,397 per sqft.
- Rented since March 2022 on 3 Ejari contracts, from AED 42,000 to AED 50,400 a year.
- At AED 50,400 a year the gross yield on the 2017 price is 6.6%, 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 18 April 2024.
Questions about 2012, AG Tower Business Bay
What did unit 2012 last sell for?
AED 762,118 on 3 July 2017, sold by the developer: AED 1,397 per sqft for 545 sqft. It is the only registered sale of the unit.
What is the rent for unit 2012?
AED 50,400 a year on the contract renewed on 18 April 2024. The previous contract, from April 2023, was AED 48,000; the unit has been rented since March 2022.
How big is unit 2012?
545 sqft (50.6 sqm): a studio on the 20th floor of a 27-storey tower completed in 2021.
What is unit 2012 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 2012, AG Tower Business Bay
Starts from the last sale price (AED 762K, 3 July 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 762,118
- Deposit, UAE resident (20%)
- AED 152,424
- Deposit, non-resident (40%)
- AED 304,847
- Monthly over 25 years at 3.7%
- AED 3,118
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →