2406, AG Tower Business Bay
Sold prices and rental history: sold twice, last in September 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2406, AG Tower Business Bay
What is 2406 worth today?
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Source: Dubai Land Department. Updated 2 October 2024.
Key facts
- Type
- Studio apartment
- Size
- 472 sqft
- Floor
- 24th of 27
- Parking
- B2-145
- Developer
- Arabian Gulf Properties
- Completed
- 2021
- Service charge
- AED 6,000 /yr
- Last sold
- AED 400K · September 2022
- Building
- AG Tower Business Bay
About 2406, AG Tower Business Bay
2406 is a studio of 472 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 15 September 2022 for AED 400,000, or AED 847 per sqft, 30% below the AED 1,207 studios in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 2 October 2024, is AED 67,500 a year: a gross yield of 16.9% on the 2022 price, before the service charge of about AED 6,000 a year.
Sales and rents for 2406 over time
2406 has sold twice; 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 2406 sits
All 312 studios →2406 last sold in September 2022 at AED 847 per sqft, 30% below what studios in AG Tower Business Bay were fetching at the time (AED 1,207). 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. 2406's AED 67,500 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 24th floor
All 576 units in AG Tower Business Bay| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 2-bed | 1,519 sqft | AED 875KAED 874,691 · Aug 2022August 2022 | 120,000 /yr | |
| 2403 | 1-bed | 884 sqft | AED 506KAED 506,348 · Jul 2022July 2022 | 95,000 /yr | |
| 2404 | Studio | 524 sqft | AED 876KAED 876,000 · Jun 2026June 2026 | 57,300 /yr | |
| 2405 | 1-bed | 896 sqft | AED 1.32MAED 1,320,555 · Feb 2017February 2017 | 108,000 /yr | |
| 2407 | Studio | 469 sqft | AED 865KAED 865,000 · Feb 2024February 2024 | 72,000 /yr | |
| 2408 | 3-bed | 2,075 sqft | AED 2.06MAED 2,057,970 · May 2021May 2021 | 140,000 /yr | |
| 2410 | 1-bed | 867 sqft | AED 1.15MAED 1,154,500 · Jun 2021June 2021 | 77,000 /yr | |
| 2412 | Studio | 545 sqft | AED 750KAED 750,000 · Mar 2026March 2026 | 55,000 /yr | |
| 2413 | 1-bed | 917 sqft | AED 1.39MAED 1,389,034 · Nov 2019November 2019 | ||
| 2414 | Studio | 567 sqft | AED 700KAED 699,676 · Sep 2018September 2018 | 55,000 /yr | |
| 2415 | Studio | 541 sqft | AED 768KAED 768,064 · Aug 2017August 2017 | 54,574 /yr | |
| 2416 | Studio | 516 sqft | No registered sale | ||
| 2417 | Studio | 546 sqft | AED 764KAED 764,330 · May 2017May 2017 | 57,000 /yr | |
| 2418 | Studio | 567 sqft | AED 660KAED 660,000 · Aug 2022August 2022 | 60,000 /yr | |
| 2419 | 1-bed | 1,191 sqft | AED 1.55MAED 1,550,000 · Jul 2022July 2022 | 82,500 /yr | |
| 2402A | 2-bed | 1,500 sqft | AED 2.18MAED 2,180,548 · Mar 2021March 2021 | ||
| 2402B | Studio | 443 sqft | AED 670KAED 670,000 · May 2023May 2023 | 59,538 /yr | |
| 2409A | 1-bed | 821 sqft | AED 1.07MAED 1,067,248 · Nov 2020November 2020 | 79,000 /yr | |
| 2409B | Studio | 488 sqft | AED 910KAED 910,000 · Apr 2025April 2025 | 60,000 /yr | |
| 2411A | Studio | 529 sqft | AED 750KAED 750,000 · May 2025May 2025 | ||
| 2411B | 1-bed | 823 sqft | AED 1.15MAED 1,150,000 · Apr 2021April 2021 | ||
| 2420A | Studio | 446 sqft | AED 750KAED 750,000 · May 2026May 2026 | 67,500 /yr | |
| 2420B | 1-bed | 918 sqft | AED 1.33MAED 1,333,558 · May 2021May 2021 |
2406, AG Tower Business Bay in numbers
- Sold twice: first on 28 September 2016 for AED 658,900, last on 15 September 2022 for AED 400,000 (AED 847 per sqft).
- Rented since October 2022 on 3 Ejari contracts, from AED 60,000 to AED 67,500 a year.
- At AED 67,500 a year the gross yield on the 2022 price is 16.9%, before a service charge of about AED 6,000 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 2 October 2024.
Questions about 2406, AG Tower Business Bay
What did unit 2406 last sell for?
AED 400,000 on 15 September 2022: AED 847 per sqft for 472 sqft. The unit has 2 registered sales; the first was AED 658,900 in September 2016.
What is the rent for unit 2406?
AED 67,500 a year on the contract renewed on 2 October 2024. The previous contract, from October 2023, was AED 64,178; the unit has been rented since October 2022.
How big is unit 2406?
472 sqft (43.9 sqm): a studio on the 24th floor of a 27-storey tower completed in 2021.
What is unit 2406 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 2406, AG Tower Business Bay
Starts from the last sale price (AED 400K, 15 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 400,000
- Deposit, UAE resident (20%)
- AED 80,000
- Deposit, non-resident (40%)
- AED 160,000
- Monthly over 25 years at 3.7%
- AED 1,637
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →