Home
Dubai prices
About
Research
Studio · 516 sqftAG Tower Business Bay, Business Bay · 22nd floor · completed 2021

2216, AG Tower Business Bay

Sold prices and rental history: sold once, by the developer in September 2022, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2216 · DLD and Ejari recordsUpdated 1 November 2025
Last soldAED 775K6 September 2022
Current rentAED 65K /yr1 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 2216

Property timeline for 2216, AG Tower Business Bay

What is 2216 worth today?

Last sold for AED 775,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Nov 2025RentedNew contract
AED 65,000/yr12 months · AED 126 per sqft
8 Oct 2024RentedNew contract
AED 65,000/yr12 months · AED 126 per sqft
6 Sep 2022Sold by developerReady
AED 775,000AED 1,501 per sqft

Source: Dubai Land Department. Updated 1 November 2025.

Key facts

Type
Studio apartment
Size
516 sqft
Floor
22nd of 27
Parking
B2-99
Developer
Arabian Gulf Properties
Completed
2021
Service charge
AED 6,500 /yr
Last sold
AED 775K · September 2022
Building
AG Tower Business Bay

About 2216, AG Tower Business Bay

2216 is a studio of 516 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 6 September 2022 for AED 775,000, or AED 1,501 per sqft, 52% above the AED 987 studios in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 1 November 2025, is AED 65,000 a year: a gross yield of 8.4% on the 2022 price, before the service charge of about AED 6,500 a year.

Sales and rents for 2216 over time

Sales
Unit 2216, 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, September 2022: AED 775,000 (AED 1,501 per sqft)

2216 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2216, 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, October 2024: AED 65,000 a yearNew contract, November 2025: AED 65,000 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 2216 sits

All 312 studios →

2216 last sold in September 2022 at AED 1,501 per sqft, 52% above what studios in AG Tower Business Bay were fetching at the time (AED 987). 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. 2216's AED 65,000 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 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

2216, AG Tower Business Bay in numbers

  • Sold once: by Arabian Gulf Properties on 6 September 2022 for AED 775,000, or AED 1,501 per sqft.
  • Rented since October 2024 on 2 Ejari contracts, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2022 price is 8.4%, 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 1 November 2025.

Questions about 2216, AG Tower Business Bay

What did unit 2216 last sell for?

AED 775,000 on 6 September 2022, sold by the developer: AED 1,501 per sqft for 516 sqft. It is the only registered sale of the unit.

What is the rent for unit 2216?

AED 65,000 a year on the contract signed on 1 November 2025. The previous contract, from October 2024, was AED 65,000.

How big is unit 2216?

516 sqft (47.9 sqm): a studio on the 22nd floor of a 27-storey tower completed in 2021.

What is unit 2216 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.

Selling 2216? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2216, AG Tower Business Bay

Starts from the last sale price (AED 775K, 6 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 775,000
Deposit, UAE resident (20%)
AED 155,000
Deposit, non-resident (40%)
AED 310,000
Monthly over 25 years at 3.7%
AED 3,171

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