1-bed · 884 sqftAG Tower Business Bay, Business Bay · 24th floor · completed 2021

2403, AG Tower Business Bay

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

Unit 2403 · DLD and Ejari recordsUpdated 10 August 2024
Last soldAED 506K14 July 2022
Current rentAED 95K /yr10 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2403, AG Tower Business Bay

What is 2403 worth today?

Last sold for AED 506,348 in 2022

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10 Aug 2024RentedNew contract
AED 95,000/yr12 months · AED 108 per sqft
14 Jul 2022Sold by developerReady
AED 506,348AED 572 per sqft

Source: Dubai Land Department. Updated 10 August 2024.

Key facts

Type
1-bed apartment
Size
884 sqft
Floor
24th of 27
Parking
B2-142
Developer
Arabian Gulf Properties
Completed
2021
Service charge
AED 11,200 /yr
Last sold
AED 506K · July 2022

About 2403, AG Tower Business Bay

2403 is a one-bedroom apartment of 884 sqft on the 24th 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 14 July 2022 for AED 506,348, or AED 572 per sqft, 58% below the AED 1,369 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 August 2024. The current contract, signed on 10 August 2024, is AED 95,000 a year: a gross yield of 18.8% on the 2022 price, before the service charge of about AED 11,200 a year.

Sales and rents for 2403 over time

Sales
Unit 2403, each saleTypical one-bed in AG Tower Business Bay
500K1M1.5M2016201920222025Typical 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, July 2022: AED 506,348 (AED 572 per sqft)

2403 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2403, each contractTypical one-bed in AG Tower Business Bay
60K80K100K2021202320252027Typical 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, August 2024: AED 95,000 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 2403 sits

All 192 1-beds →

2403 last sold in July 2022 at AED 572 per sqft, 58% below what one-beds in AG Tower Business Bay were fetching at the time (AED 1,369). 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. 2403's AED 95,000 is in the upper 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 24th floor

All 576 units in AG Tower Business Bay
Value
24012-bedAED 875K · Aug 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
24101-bedAED 1.15M · Jun 2021
1–7 of 23

2403, AG Tower Business Bay in numbers

  • Sold once: by Arabian Gulf Properties on 14 July 2022 for AED 506,348, or AED 572 per sqft.
  • Rented since August 2024 on one Ejari contract, at AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2022 price is 18.8%, before a service charge of about AED 11,200 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 10 August 2024.

Questions about 2403, AG Tower Business Bay

What did unit 2403 last sell for?

AED 506,348 on 14 July 2022, sold by the developer: AED 572 per sqft for 884 sqft. It is the only registered sale of the unit.

What is the rent for unit 2403?

AED 95,000 a year on the contract signed on 10 August 2024.

How big is unit 2403?

884 sqft (82.1 sqm): a one-bedroom apartment on the 24th floor of a 27-storey tower completed in 2021.

What is unit 2403 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 2403, AG Tower Business Bay

Starts from the last sale price (AED 506K, 14 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 506,348
Deposit, UAE resident (20%)
AED 101,270
Deposit, non-resident (40%)
AED 202,539
Monthly over 25 years at 3.7%
AED 2,072

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