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1-bed · 884 sqftAG Tower Business Bay, Business Bay · 26th floor · completed 2021

2603, AG Tower Business Bay

Sold prices and rental history: sold once, by the developer in May 2017, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2603 · DLD and Ejari recordsUpdated 24 May 2024
Last soldAED 1.27M18 May 2017
Current rentAED 85K /yr24 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2603, AG Tower Business Bay

What is 2603 worth today?

Last sold for AED 1,274,555 in 2017

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24 May 2024RentedNew contract
AED 85,000/yr12 months · AED 96 per sqft
14 Jan 2023RentedRenewal
AED 75,000/yr12 months · AED 85 per sqft
14 Jan 2022RentedNew contract
AED 75,000/yr12 months · AED 85 per sqft
18 May 2017Sold by developerOff-plan
AED 1,274,555AED 1,441 per sqft

Source: Dubai Land Department. Updated 24 May 2024.

Key facts

Type
1-bed apartment
Size
884 sqft
Floor
26th of 27
Parking
B1-42
Developer
Arabian Gulf Properties
Completed
2021
Service charge
AED 11,200 /yr
Last sold
AED 1.27M · May 2017
Building
AG Tower Business Bay

About 2603, AG Tower Business Bay

2603 is a one-bedroom apartment of 884 sqft on the 26th 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 18 May 2017 for AED 1,274,555, or AED 1,441 per sqft, in line with the AED 1,421 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 24 May 2024, is AED 85,000 a year: a gross yield of 6.7% on the 2017 price, before the service charge of about AED 11,200 a year.

Sales and rents for 2603 over time

Sales
Unit 2603, 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, May 2017: AED 1,274,555 (AED 1,441 per sqft)

2603 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2603, 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, January 2022: AED 75,000 a yearRenewal, January 2023: AED 75,000 a yearNew contract, May 2024: AED 85,000 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 2603 sits

All 192 1-beds →

2603 last sold in May 2017 at AED 1,441 per sqft, in line with what one-beds in AG Tower Business Bay were fetching at the time (AED 1,421). 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. 2603's AED 85,000 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 26th floor

All 576 units in AG Tower Business Bay
Value
26012-bedAED 1.98M · Jul 2026
2604StudioAED 700K · Jun 2023
26051-bedAED 1.33M · Feb 2017
2606StudioAED 850K · Jun 2024
2607StudioAED 701K · May 2023
26083-bedAED 2M · Apr 2026
26101-bedAED 980K · Sep 2023
1–7 of 23

2603, AG Tower Business Bay in numbers

  • Sold once: by Arabian Gulf Properties on 18 May 2017 for AED 1,274,555, or AED 1,441 per sqft.
  • Rented since January 2022 on 3 Ejari contracts, from AED 75,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2017 price is 6.7%, 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 24 May 2024.

Questions about 2603, AG Tower Business Bay

What did unit 2603 last sell for?

AED 1,274,555 on 18 May 2017, sold by the developer: AED 1,441 per sqft for 884 sqft. It is the only registered sale of the unit.

What is the rent for unit 2603?

AED 85,000 a year on the contract signed on 24 May 2024. The previous contract, from January 2023, was AED 75,000; the unit has been rented since January 2022.

How big is unit 2603?

884 sqft (82.1 sqm): a one-bedroom apartment on the 26th floor of a 27-storey tower completed in 2021.

What is unit 2603 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 2603, AG Tower Business Bay

Starts from the last sale price (AED 1.27M, 18 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,274,555
Deposit, UAE resident (20%)
AED 254,911
Deposit, non-resident (40%)
AED 509,822
Monthly over 25 years at 3.7%
AED 5,215

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