Studio · 516 sqftAG Tower Business Bay, Business Bay · 21st floor · completed 2021

2116, AG Tower Business Bay

Sold prices and rental history: sold once, by the developer in April 2017, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2116 · DLD and Ejari recordsUpdated 17 April 2026
Last soldAED 728K2 April 2017
Current rentAED 55K /yr17 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2116, AG Tower Business Bay

What is 2116 worth today?

Last sold for AED 727,630 in 2017

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17 Apr 2026RentedNew contract
AED 55,000/yr12 months · AED 106 per sqft
16 Dec 2025RentedNew contract
AED 62,000/yr12 months · AED 120 per sqft
6 Jun 2025RentedRenewal
AED 60,900/yr12 months · AED 118 per sqft
6 Jun 2025RentedRenewal
AED 60,900/yr12 months · AED 118 per sqft
6 Jun 2024RentedNew contract
AED 58,000/yr12 months · AED 112 per sqft
1 Jun 2023RentedNew contract
AED 55,000/yr12 months · AED 107 per sqft
14 Oct 2022RentedNew contract
AED 50,000/yr12 months · AED 97 per sqft
14 Oct 2021RentedNew contract
AED 47,000/yr12 months · AED 91 per sqft

Source: Dubai Land Department. Updated 17 April 2026.

Key facts

Type
Studio apartment
Size
516 sqft
Floor
21st of 27
Parking
B2-91
Developer
Arabian Gulf Properties
Completed
2021
Service charge
AED 6,500 /yr
Last sold
AED 728K · April 2017

About 2116, AG Tower Business Bay

2116 is a studio of 516 sqft on the 21st 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 2 April 2017 for AED 727,630, or AED 1,410 per sqft, 3% below the AED 1,461 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 8 Ejari contracts. The current contract, signed on 17 April 2026, is AED 55,000 a year: a gross yield of 7.6% on the 2017 price, before the service charge of about AED 6,500 a year.

Sales and rents for 2116 over time

Sales
Unit 2116, 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, April 2017: AED 727,630 (AED 1,410 per sqft)

2116 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2116, 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 2021: AED 47,000 a yearNew contract, October 2022: AED 50,000 a yearNew contract, June 2023: AED 55,000 a yearNew contract, June 2024: AED 58,000 a yearRenewal, June 2025: AED 60,900 a yearRenewal, June 2025: AED 60,900 a yearNew contract, December 2025: AED 62,000 a yearNew contract, April 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 2116 sits

All 312 studios →

2116 last sold in April 2017 at AED 1,410 per sqft, 3% below what studios in AG Tower Business Bay were fetching at the time (AED 1,461). 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. 2116'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 21st floor

All 576 units in AG Tower Business Bay
Value
21012-bedAED 1.9M · Jan 2026
21031-bedAED 1.26M · Jan 2017
2104StudioAED 756K · Feb 2017
21051-bedAED 1.18M · Aug 2026
2106StudioAED 775K · Jul 2022
2107StudioAED 810K · Oct 2025
21083-bedNo registered sale
1–7 of 23

2116, AG Tower Business Bay in numbers

  • Sold once: by Arabian Gulf Properties on 2 April 2017 for AED 727,630, or AED 1,410 per sqft.
  • Rented since October 2021 on 8 Ejari contracts, from AED 47,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2017 price is 7.6%, 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 17 April 2026.

Questions about 2116, AG Tower Business Bay

What did unit 2116 last sell for?

AED 727,630 on 2 April 2017, sold by the developer: AED 1,410 per sqft for 516 sqft. It is the only registered sale of the unit.

What is the rent for unit 2116?

AED 55,000 a year on the contract signed on 17 April 2026. The previous contract, from December 2025, was AED 62,000; the unit has been rented since October 2021.

How big is unit 2116?

516 sqft (47.9 sqm): a studio on the 21st floor of a 27-storey tower completed in 2021.

What is unit 2116 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 2116, AG Tower Business Bay

Starts from the last sale price (AED 728K, 2 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 727,630
Deposit, UAE resident (20%)
AED 145,526
Deposit, non-resident (40%)
AED 291,052
Monthly over 25 years at 3.7%
AED 2,977

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