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Studio · 443 sqftAG Tower Business Bay, Business Bay · 24th floor · completed 2021

2402B, AG Tower Business Bay

Sold prices and rental history: sold twice, last in May 2023, and rented once, from June 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2402B · DLD and Ejari recordsUpdated 1 June 2023
Last soldAED 670K19 May 2023
Current rentAED 60K /yr1 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2402B, AG Tower Business Bay

What is 2402B worth today?

Last sold for AED 670,000 in 2023

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1 Jun 2023RentedNew contract
AED 59,538/yr13 months · AED 135 per sqft
19 May 2023SoldReady
AED 670,000AED 1,510 per sqft
20 Aug 2019Sold by developerOff-plan
AED 805,392AED 1,816 per sqft

Source: Dubai Land Department. Updated 1 June 2023.

Key facts

Type
Studio apartment
Size
443 sqft
Floor
24th of 27
Parking
B2-141
Developer
Arabian Gulf Properties
Completed
2021
Service charge
AED 5,600 /yr
Last sold
AED 670K · May 2023
Building
AG Tower Business Bay

About 2402B, AG Tower Business Bay

2402B is a studio of 443 sqft on the 24th floor of AG Tower Business Bay, a 27-storey tower in Business Bay completed in 2021 by Arabian Gulf Properties. It last sold on 19 May 2023 for AED 670,000, or AED 1,510 per sqft, 19% above the AED 1,265 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 June 2023. The current contract, signed on 1 June 2023, is AED 59,538 a year: a gross yield of 8.9% on the 2023 price, before the service charge of about AED 5,600 a year.

Sales and rents for 2402B over time

Sales
Unit 2402B, 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, August 2019: AED 805,392 (AED 1,816 per sqft)Sold, May 2023: AED 670,000 (AED 1,510 per sqft)

2402B has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2402B, 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 60,000New contract, June 2023: AED 59,538 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 2402B sits

All 312 studios →

2402B last sold in May 2023 at AED 1,510 per sqft, 19% above what studios in AG Tower Business Bay were fetching at the time (AED 1,265). 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. 2402B's AED 59,538 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 24th floor

All 576 units in AG Tower Business Bay
Value
24012-bedAED 875K · Aug 2022
24031-bedAED 506K · Jul 2022
2404StudioAED 876K · Jun 2026
24051-bedAED 1.32M · Feb 2017
2406StudioAED 400K · Sep 2022
2407StudioAED 865K · Feb 2024
24083-bedAED 2.06M · May 2021
1–7 of 23

2402B, AG Tower Business Bay in numbers

  • Sold twice: first on 20 August 2019 for AED 805,392, last on 19 May 2023 for AED 670,000 (AED 1,510 per sqft).
  • Rented since June 2023 on one Ejari contract, at AED 59,538 a year.
  • At AED 59,538 a year the gross yield on the 2023 price is 8.9%, before a service charge of about AED 5,600 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 1 June 2023.

Questions about 2402B, AG Tower Business Bay

What did unit 2402B last sell for?

AED 670,000 on 19 May 2023: AED 1,510 per sqft for 443 sqft. The unit has 2 registered sales; the first was AED 805,392 in August 2019.

What is the rent for unit 2402B?

AED 59,538 a year on the contract signed on 1 June 2023.

How big is unit 2402B?

443 sqft (41.2 sqm): a studio on the 24th floor of a 27-storey tower completed in 2021.

What is unit 2402B 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 2402B, AG Tower Business Bay

Starts from the last sale price (AED 670K, 19 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 670,000
Deposit, UAE resident (20%)
AED 134,000
Deposit, non-resident (40%)
AED 268,000
Monthly over 25 years at 3.7%
AED 2,741

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