1-bed · 896 sqftAG Tower Business Bay, Business Bay · 23rd floor · completed 2021

2305, AG Tower Business Bay

Sold prices and rental history: sold once, by the developer in October 2016, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2305 · DLD and Ejari recordsUpdated 6 January 2025
Last soldAED 1.31M12 October 2016
Current rentAED 75K /yr6 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2305, AG Tower Business Bay

What is 2305 worth today?

Last sold for AED 1,314,555 in 2016

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6 Jan 2025RentedRenewal
AED 75,000/yr12 months · AED 84 per sqft
6 Jan 2025RentedRenewal
AED 75,000/yr12 months · AED 84 per sqft
7 Jan 2024RentedRenewal
AED 70,189/yr12 months · AED 78 per sqft
7 Jan 2023RentedNew contract
AED 70,000/yr12 months · AED 78 per sqft
17 Nov 2021RentedNew contract
AED 60,000/yr12 months · AED 67 per sqft
12 Oct 2016Sold by developerOff-plan
AED 1,314,555AED 1,467 per sqft

Source: Dubai Land Department. Updated 6 January 2025.

Key facts

Type
1-bed apartment
Size
896 sqft
Floor
23rd of 27
Parking
B2-121
Developer
Arabian Gulf Properties
Completed
2021
Service charge
AED 11,300 /yr
Last sold
AED 1.31M · October 2016

About 2305, AG Tower Business Bay

2305 is a one-bedroom apartment of 896 sqft on the 23rd 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 12 October 2016 for AED 1,314,555, or AED 1,467 per sqft, in line with the AED 1,429 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 6 January 2025, is AED 75,000 a year: a gross yield of 5.7% on the 2016 price, before the service charge of about AED 11,300 a year.

Sales and rents for 2305 over time

Sales
Unit 2305, each saleTypical one-bed in AG Tower Business Bay
1.2M1.4M2016201920222025Typical sale price by year: 2016 AED 1,268,328; 2017 AED 1,263,555; 2019 AED 1,379,110; 2020 AED 1,291,176; 2021 AED 1,150,000; 2022 AED 1,254,160; 2023 AED 1,160,000; 2024 AED 1,212,500; 2025 AED 1,226,688; 2026 AED 1,200,000Sold by developer, October 2016: AED 1,314,555 (AED 1,467 per sqft)

2305 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2305, each contractTypical one-bed in AG Tower Business Bay
60K80K2021202320252027Typical rent by year: 2021 AED 60,000; 2022 AED 65,000; 2023 AED 75,000; 2024 AED 85,000; 2025 AED 85,000; 2026 AED 80,000New contract, November 2021: AED 60,000 a yearNew contract, January 2023: AED 70,000 a yearRenewal, January 2024: AED 70,189 a yearRenewal, January 2025: AED 75,000 a yearRenewal, January 2025: AED 75,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in AG Tower Business Bay, and where 2305 sits

All 192 1-beds →

2305 last sold in October 2016 at AED 1,467 per sqft, in line with what one-beds in AG Tower Business Bay were fetching at the time (AED 1,429). Over the last 12 months one-beds sold for AED 1,000,000 to 2,050,000, around AED 1,317 per sqft, and rent for AED 68,000 to 120,000 a year. 2305's AED 75,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
25 Sep 20261,220,000
25 Sep 20261,100,000
24 Sep 20261,400,000
16 Sep 20261,100,000
11 1-bed 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 23rd floor

All 576 units in AG Tower Business Bay
Value
23012-bedAED 1.7M · Feb 2019
23031-bedAED 1.23M · Aug 2024
2304StudioAED 737K · Jun 2017
2306StudioAED 763K · Oct 2016
2307StudioAED 265K · Aug 2022
23083-bedNo registered sale
23101-bedAED 1.28M · Sep 2019
1–7 of 23

2305, AG Tower Business Bay in numbers

  • Sold once: by Arabian Gulf Properties on 12 October 2016 for AED 1,314,555, or AED 1,467 per sqft.
  • Rented since November 2021 on 5 Ejari contracts, from AED 60,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2016 price is 5.7%, before a service charge of about AED 11,300 a year (AED 12.62 per sqft).
  • One-beds in AG Tower Business Bay sold for AED 1,000,000–2,050,000 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 6 January 2025.

Questions about 2305, AG Tower Business Bay

What did unit 2305 last sell for?

AED 1,314,555 on 12 October 2016, sold by the developer: AED 1,467 per sqft for 896 sqft. It is the only registered sale of the unit.

What is the rent for unit 2305?

AED 75,000 a year on the contract renewed on 6 January 2025. The previous contract, from January 2025, was AED 75,000; the unit has been rented since November 2021.

How big is unit 2305?

896 sqft (83.2 sqm): a one-bedroom apartment on the 23rd floor of a 27-storey tower completed in 2021.

What is unit 2305 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in AG Tower Business Bay sold for AED 1,000,000 to 2,050,000 in the last 12 months, around AED 1,317 per sqft.

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Mortgage on 2305, AG Tower Business Bay

Starts from the last sale price (AED 1.31M, 12 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,314,555
Deposit, UAE resident (20%)
AED 262,911
Deposit, non-resident (40%)
AED 525,822
Monthly over 25 years at 3.7%
AED 5,378

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