Studio · 524 sqftAG Tower Business Bay, Business Bay · 22nd floor · completed 2021

2204, AG Tower Business Bay

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

Unit 2204 · DLD and Ejari recordsUpdated 21 January 2026
Last soldAED 737K17 July 2017
Current rentAED 59K /yr21 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2204, AG Tower Business Bay

What is 2204 worth today?

Last sold for AED 736,904 in 2017

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21 Jan 2026RentedNew contract
AED 58,500/yr12 months · AED 112 per sqft
20 Nov 2024RentedNew contract
AED 60,000/yr12 months · AED 115 per sqft
30 Nov 2022RentedNew contract
AED 50,000/yr12 months · AED 95 per sqft
18 Nov 2021RentedNew contract
AED 37,500/yr12 months · AED 71 per sqft
17 Jul 2017Sold by developerOff-plan
AED 736,904AED 1,406 per sqft

Source: Dubai Land Department. Updated 21 January 2026.

Key facts

Type
Studio apartment
Size
524 sqft
Floor
22nd of 27
Parking
B2-112
Developer
Arabian Gulf Properties
Completed
2021
Service charge
AED 6,600 /yr
Last sold
AED 737K · July 2017

About 2204, AG Tower Business Bay

2204 is a studio of 524 sqft on the 22nd 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 17 July 2017 for AED 736,904, or AED 1,406 per sqft, in line with the AED 1,437 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 21 January 2026, is AED 58,500 a year: a gross yield of 7.9% on the 2017 price, before the service charge of about AED 6,600 a year.

Sales and rents for 2204 over time

Sales
Unit 2204, 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, July 2017: AED 736,904 (AED 1,406 per sqft)

2204 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2204, each contractTypical studio in AG Tower Business Bay
40K60K2021202320252027Typical 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, November 2021: AED 37,500 a yearNew contract, November 2022: AED 50,000 a yearNew contract, November 2024: AED 60,000 a yearNew contract, January 2026: AED 58,500 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 2204 sits

All 312 studios →

2204 last sold in July 2017 at AED 1,406 per sqft, in line with what studios in AG Tower Business Bay were fetching at the time (AED 1,437). 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. 2204's AED 58,500 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 22nd floor

All 576 units in AG Tower Business Bay
Value
22012-bedAED 1.95M · Oct 2024
22031-bedAED 1.27M · Oct 2016
22051-bedAED 1.31M · Oct 2016
2206StudioAED 761K · Feb 2017
2207StudioAED 710K · Sep 2016
22083-bedNo registered sale
22101-bedAED 1.28M · Sep 2019
1–7 of 23

2204, AG Tower Business Bay in numbers

  • Sold once: by Arabian Gulf Properties on 17 July 2017 for AED 736,904, or AED 1,406 per sqft.
  • Rented since November 2021 on 4 Ejari contracts, from AED 37,500 to AED 58,500 a year.
  • At AED 58,500 a year the gross yield on the 2017 price is 7.9%, before a service charge of about AED 6,600 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 21 January 2026.

Questions about 2204, AG Tower Business Bay

What did unit 2204 last sell for?

AED 736,904 on 17 July 2017, sold by the developer: AED 1,406 per sqft for 524 sqft. It is the only registered sale of the unit.

What is the rent for unit 2204?

AED 58,500 a year on the contract signed on 21 January 2026. The previous contract, from November 2024, was AED 60,000; the unit has been rented since November 2021.

How big is unit 2204?

524 sqft (48.7 sqm): a studio on the 22nd floor of a 27-storey tower completed in 2021.

What is unit 2204 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 2204, AG Tower Business Bay

Starts from the last sale price (AED 737K, 17 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 736,904
Deposit, UAE resident (20%)
AED 147,381
Deposit, non-resident (40%)
AED 294,762
Monthly over 25 years at 3.7%
AED 3,015

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