Studio · 545 sqftAG Tower Business Bay, Business Bay · 22nd floor · completed 2021

2212, AG Tower Business Bay

Sold prices and rental history: sold twice, last in May 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2212 · DLD and Ejari recordsUpdated 3 May 2023
Last soldAED 850K3 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2212, AG Tower Business Bay

What is 2212 worth today?

Last sold for AED 850,000 in 2023

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3 May 2023SoldReady
AED 850,000AED 1,559 per sqft
4 Jun 2017Sold by developerOff-plan
AED 751,189AED 1,377 per sqft

Source: Dubai Land Department. Updated 3 May 2023.

Key facts

Type
Studio apartment
Size
545 sqft
Floor
22nd of 27
Parking
B2-103
Developer
Arabian Gulf Properties
Completed
2021
Service charge
AED 6,900 /yr
Last sold
AED 850K · May 2023

About 2212, AG Tower Business Bay

2212 is a studio of 545 sqft on the 22nd floor of AG Tower Business Bay, a 27-storey tower in Business Bay completed in 2021 by Arabian Gulf Properties. It last sold on 3 May 2023 for AED 850,000, or AED 1,559 per sqft, 20% above the AED 1,300 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2212 over time

Sales
Unit 2212, 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, June 2017: AED 751,189 (AED 1,377 per sqft)Sold, May 2023: AED 850,000 (AED 1,559 per sqft)

2212 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2212, 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 60,000

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 2212 sits

All 312 studios →

2212 last sold in May 2023 at AED 1,559 per sqft, 20% above what studios in AG Tower Business Bay were fetching at the time (AED 1,300). 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.

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
2204StudioAED 737K · Jul 2017
22051-bedAED 1.31M · Oct 2016
2206StudioAED 761K · Feb 2017
2207StudioAED 710K · Sep 2016
22083-bedNo registered sale
1–7 of 23

2212, AG Tower Business Bay in numbers

  • Sold twice: first on 4 June 2017 for AED 751,189, last on 3 May 2023 for AED 850,000 (AED 1,559 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 3 May 2023.

Questions about 2212, AG Tower Business Bay

What did unit 2212 last sell for?

AED 850,000 on 3 May 2023: AED 1,559 per sqft for 545 sqft. The unit has 2 registered sales; the first was AED 751,189 in June 2017.

How big is unit 2212?

545 sqft (50.6 sqm): a studio on the 22nd floor of a 27-storey tower completed in 2021.

What is unit 2212 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 2212, AG Tower Business Bay

Starts from the last sale price (AED 850K, 3 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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