2316, AG Tower Business Bay
Sold prices and rental history: sold once, by the developer in June 2017, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2316, AG Tower Business Bay
What is 2316 worth today?
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Source: Dubai Land Department. Updated 28 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 516 sqft
- Floor
- 23rd of 27
- Parking
- B2-133
- Developer
- Arabian Gulf Properties
- Completed
- 2021
- Service charge
- AED 6,500 /yr
- Last sold
- AED 742K · June 2017
- Building
- AG Tower Business Bay
About 2316, AG Tower Business Bay
2316 is a studio of 516 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 21 June 2017 for AED 742,476, or AED 1,438 per sqft, in line with the AED 1,438 studios in the building were fetching at the time.
It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 28 September 2026, is AED 72,000 a year: a gross yield of 9.7% on the 2017 price, before the service charge of about AED 6,500 a year.
Sales and rents for 2316 over time
2316 has sold once; the dashed line is the studio median of each year in the building.
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 2316 sits
All 312 studios →2316 last sold in June 2017 at AED 1,438 per sqft, in line with what studios in AG Tower Business Bay were fetching at the time (AED 1,438). 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. 2316's AED 72,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Oct 202623 October 2026 | 529 sqft | 830,000 | 1,567 | ||
| 15 Oct 202615 October 2026 | 524 sqft | 800,000 | 1,527 | ||
| 3 Oct 20263 October 2026 | 446 sqft | 800,000 | 1,795 | ||
| 23 Sep 202623 September 2026 | 472 sqft | 755,552 | 1,600 |
AG Tower Business Bay
Building576 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%
Other units on the 23rd floor
All 576 units in AG Tower Business Bay| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2301 | 2-bed | 1,465 sqft | AED 1.7MAED 1,700,000 · Feb 2019February 2019 | 150,000 /yr | |
| 2303 | 1-bed | 884 sqft | AED 1.23MAED 1,225,000 · Aug 2024August 2024 | 72,000 /yr | |
| 2304 | Studio | 524 sqft | AED 737KAED 736,904 · Jun 2017June 2017 | 60,000 /yr | |
| 2305 | 1-bed | 896 sqft | AED 1.31MAED 1,314,555 · Oct 2016October 2016 | 75,000 /yr | |
| 2306 | Studio | 472 sqft | AED 763KAED 762,555 · Oct 2016October 2016 | 60,000 /yr | |
| 2307 | Studio | 469 sqft | AED 265KAED 264,700 · Aug 2022August 2022 | 54,000 /yr | |
| 2308 | 3-bed | 2,075 sqft | No registered sale | ||
| 2310 | 1-bed | 867 sqft | AED 1.28MAED 1,276,406 · Sep 2019September 2019 | ||
| 2312 | Studio | 545 sqft | AED 840KAED 840,000 · Dec 2024December 2024 | 70,000 /yr | |
| 2313 | 1-bed | 917 sqft | AED 1.06MAED 1,056,555 · Apr 2019April 2019 | ||
| 2314 | Studio | 567 sqft | AED 700KAED 699,678 · Sep 2022September 2022 | 60,000 /yr | |
| 2315 | Studio | 555 sqft | AED 1.06MAED 1,060,000 · Feb 2024February 2024 | 42,000 /yr | |
| 2317 | Studio | 546 sqft | AED 819KAED 819,279 · Sep 2016September 2016 | 68,000 /yr | |
| 2318 | Studio | 567 sqft | AED 870KAED 870,000 · Jan 2026January 2026 | ||
| 2319 | 1-bed | 1,191 sqft | AED 1MAED 1,000,000 · Jun 2025June 2025 | ||
| 2302A | 2-bed | 1,500 sqft | No registered sale | 112,350 /yr | |
| 2302B | Studio | 443 sqft | AED 805KAED 805,392 · Aug 2019August 2019 | ||
| 2309A | 1-bed | 821 sqft | AED 1.08MAED 1,081,782 · Mar 2021March 2021 | 90,000 /yr | |
| 2309B | Studio | 488 sqft | AED 825KAED 825,000 · Nov 2025November 2025 | 53,000 /yr | |
| 2311A | Studio | 529 sqft | AED 834KAED 834,294 · Jun 2020June 2020 | ||
| 2311B | 1-bed | 823 sqft | AED 1.1MAED 1,100,000 · Feb 2021February 2021 | 90,000 /yr | |
| 2320A | Studio | 446 sqft | AED 714KAED 713,611 · Jun 2020June 2020 | ||
| 2320B | 1-bed | 918 sqft | AED 1.38MAED 1,375,000 · Sep 2025September 2025 | 90,000 /yr |
2316, AG Tower Business Bay in numbers
- Sold once: by Arabian Gulf Properties on 21 June 2017 for AED 742,476, or AED 1,438 per sqft.
- Rented since October 2022 on 5 Ejari contracts, from AED 90,000 to AED 72,000 a year.
- At AED 72,000 a year the gross yield on the 2017 price is 9.7%, 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 28 September 2026.
Questions about 2316, AG Tower Business Bay
What did unit 2316 last sell for?
AED 742,476 on 21 June 2017, sold by the developer: AED 1,438 per sqft for 516 sqft. It is the only registered sale of the unit.
What is the rent for unit 2316?
AED 72,000 a year on the contract signed on 28 September 2026. The previous contract, from October 2025, was AED 90,000; the unit has been rented since October 2022.
How big is unit 2316?
516 sqft (47.9 sqm): a studio on the 23rd floor of a 27-storey tower completed in 2021.
What is unit 2316 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 2316, AG Tower Business Bay
Starts from the last sale price (AED 742K, 21 June 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 742,476
- Deposit, UAE resident (20%)
- AED 148,495
- Deposit, non-resident (40%)
- AED 296,990
- Monthly over 25 years at 3.7%
- AED 3,038
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →