Studio · 567 sqftAG Tower Business Bay, Business Bay · 21st floor · completed 2021

2118, AG Tower Business Bay

Sold prices and rental history: sold once, by the developer in October 2019, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2118 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 885K8 October 2019
Current rentAED 55K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2118, AG Tower Business Bay

What is 2118 worth today?

Last sold for AED 885,486 in 2019

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1 Jul 2026RentedRenewal
AED 55,000/yr12 months · AED 98 per sqft
1 Jul 2025RentedRenewal
AED 60,000/yr12 months · AED 107 per sqft
1 Jul 2024RentedNew contract
AED 60,000/yr12 months · AED 105 per sqft
4 Jun 2023RentedRenewal
AED 55,000/yr12 months · AED 96 per sqft
4 Jun 2022RentedNew contract
AED 55,000/yr12 months · AED 96 per sqft
8 Oct 2019Sold by developerOff-plan
AED 885,486AED 1,562 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
Studio apartment
Size
567 sqft
Floor
21st of 27
Parking
B2-173
Developer
Arabian Gulf Properties
Completed
2021
Service charge
AED 7,200 /yr
Last sold
AED 885K · October 2019

About 2118, AG Tower Business Bay

2118 is a studio of 567 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 8 October 2019 for AED 885,486, or AED 1,562 per sqft, 14% below the AED 1,816 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 1 July 2026, is AED 55,000 a year: a gross yield of 6.2% on the 2019 price, before the service charge of about AED 7,200 a year.

Sales and rents for 2118 over time

Sales
Unit 2118, each saleTypical studio in AG Tower Business Bay
800K2016201920222025Typical 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 2019: AED 885,486 (AED 1,562 per sqft)

2118 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2118, 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, June 2022: AED 55,000 a yearRenewal, June 2023: AED 55,000 a yearNew contract, July 2024: AED 60,000 a yearRenewal, July 2025: AED 60,000 a yearRenewal, July 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 2118 sits

All 312 studios →

2118 last sold in October 2019 at AED 1,562 per sqft, 14% below what studios in AG Tower Business Bay were fetching at the time (AED 1,816). 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. 2118'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

2118, AG Tower Business Bay in numbers

  • Sold once: by Arabian Gulf Properties on 8 October 2019 for AED 885,486, or AED 1,562 per sqft.
  • Rented since June 2022 on 5 Ejari contracts, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2019 price is 6.2%, before a service charge of about AED 7,200 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 July 2026.

Questions about 2118, AG Tower Business Bay

What did unit 2118 last sell for?

AED 885,486 on 8 October 2019, sold by the developer: AED 1,562 per sqft for 567 sqft. It is the only registered sale of the unit.

What is the rent for unit 2118?

AED 55,000 a year on the contract renewed on 1 July 2026. The previous contract, from July 2025, was AED 60,000; the unit has been rented since June 2022.

How big is unit 2118?

567 sqft (52.7 sqm): a studio on the 21st floor of a 27-storey tower completed in 2021.

What is unit 2118 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 2118, AG Tower Business Bay

Starts from the last sale price (AED 885K, 8 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 885,486
Deposit, UAE resident (20%)
AED 177,097
Deposit, non-resident (40%)
AED 354,194
Monthly over 25 years at 3.7%
AED 3,623

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