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Studio · 524 sqftAG Tower Business Bay, Business Bay · 26th floor · completed 2021

2604, AG Tower Business Bay

Sold prices and rental history: sold twice, last in June 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2604 · DLD and Ejari recordsUpdated 15 June 2023
Last soldAED 700K15 June 2023
Current rentAED 38K /yr5 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2604, AG Tower Business Bay

What is 2604 worth today?

Last sold for AED 700,000 in 2023

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15 Jun 2023SoldReady
AED 700,000AED 1,336 per sqft
5 Dec 2022RentedRenewal
AED 38,000/yr12 months · AED 73 per sqft
5 Dec 2021RentedNew contract
AED 38,000/yr12 months · AED 73 per sqft
18 Jun 2017Sold by developerOff-plan
AED 779,555AED 1,488 per sqft

Source: Dubai Land Department. Updated 15 June 2023.

Key facts

Type
Studio apartment
Size
524 sqft
Floor
26th of 27
Parking
B1-41
Developer
Arabian Gulf Properties
Completed
2021
Service charge
AED 6,600 /yr
Last sold
AED 700K · June 2023
Building
AG Tower Business Bay

About 2604, AG Tower Business Bay

2604 is a studio of 524 sqft on the 26th 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 June 2023 for AED 700,000, or AED 1,336 per sqft, in line with the AED 1,336 studios in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 5 December 2022, is AED 38,000 a year: a gross yield of 5.4% on the 2023 price, before the service charge of about AED 6,600 a year.

Sales and rents for 2604 over time

Sales
Unit 2604, 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, June 2017: AED 779,555 (AED 1,488 per sqft)Sold, June 2023: AED 700,000 (AED 1,336 per sqft)

2604 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2604, each contractTypical studio in AG Tower Business Bay
40K60K2021202320252027Typical 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, December 2021: AED 38,000 a yearRenewal, December 2022: AED 38,000 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 2604 sits

All 312 studios →

2604 last sold in June 2023 at AED 1,336 per sqft, in line with what studios in AG Tower Business Bay were fetching at the time (AED 1,336). 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. 2604's AED 38,000 is at the bottom 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 26th floor

All 576 units in AG Tower Business Bay
Value
26012-bedAED 1.98M · Jul 2026
26031-bedAED 1.27M · May 2017
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

2604, AG Tower Business Bay in numbers

  • Sold twice: first on 18 June 2017 for AED 779,555, last on 15 June 2023 for AED 700,000 (AED 1,336 per sqft).
  • Rented since December 2021 on 2 Ejari contracts, at AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2023 price is 5.4%, before a service charge of about AED 6,600 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 15 June 2023.

Questions about 2604, AG Tower Business Bay

What did unit 2604 last sell for?

AED 700,000 on 15 June 2023: AED 1,336 per sqft for 524 sqft. The unit has 2 registered sales; the first was AED 779,555 in June 2017.

What is the rent for unit 2604?

AED 38,000 a year on the contract renewed on 5 December 2022. The previous contract, from December 2021, was AED 38,000.

How big is unit 2604?

524 sqft (48.7 sqm): a studio on the 26th floor of a 27-storey tower completed in 2021.

What is unit 2604 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 2604, AG Tower Business Bay

Starts from the last sale price (AED 700K, 15 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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