2616, AG Tower Business Bay
Sold prices and rental history: sold 3 times, last in December 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2616, AG Tower Business Bay
What is 2616 worth today?
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Source: Dubai Land Department. Updated 10 March 2026.
Key facts
- Type
- Studio apartment
- Size
- 516 sqft
- Floor
- 26th of 27
- Parking
- B1-138
- Developer
- Arabian Gulf Properties
- Completed
- 2021
- Service charge
- AED 6,500 /yr
- Last sold
- AED 920K · December 2024
- Building
- AG Tower Business Bay
About 2616, AG Tower Business Bay
2616 is a studio of 516 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 13 December 2024 for AED 920,000, or AED 1,782 per sqft, 11% above the AED 1,609 studios in the building were fetching at the time.
It has been rented since 2025 on 3 Ejari contracts. The current contract, renewed on 10 March 2026, is AED 70,000 a year: a gross yield of 7.6% on the 2024 price, before the service charge of about AED 6,500 a year.
Sales and rents for 2616 over time
2616 has sold 3 times; 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 2616 sits
All 312 studios →2616 last sold in December 2024 at AED 1,782 per sqft, 11% above what studios in AG Tower Business Bay were fetching at the time (AED 1,609). 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. 2616's AED 70,000 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 26th floor
All 576 units in AG Tower Business Bay| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2601 | 2-bed | 1,519 sqft | AED 1.98MAED 1,975,000 · Jul 2026July 2026 | 110,000 /yr | |
| 2603 | 1-bed | 884 sqft | AED 1.27MAED 1,274,555 · May 2017May 2017 | 85,000 /yr | |
| 2604 | Studio | 524 sqft | AED 700KAED 700,000 · Jun 2023June 2023 | 38,000 /yr | |
| 2605 | 1-bed | 896 sqft | AED 1.33MAED 1,325,555 · Feb 2017February 2017 | 69,000 /yr | |
| 2606 | Studio | 472 sqft | AED 850KAED 850,000 · Jun 2024June 2024 | ||
| 2607 | Studio | 469 sqft | AED 701KAED 701,041 · May 2023May 2023 | 75,000 /yr | |
| 2608 | 3-bed | 2,075 sqft | AED 2MAED 2,000,000 · Apr 2026April 2026 | ||
| 2610 | 1-bed | 867 sqft | AED 980KAED 980,000 · Sep 2023September 2023 | ||
| 2612 | Studio | 545 sqft | AED 660KAED 659,744 · Sep 2022September 2022 | 60,000 /yr | |
| 2613 | 1-bed | 917 sqft | AED 1.27MAED 1,269,298 · Aug 2017August 2017 | 84,000 /yr | |
| 2614 | Studio | 567 sqft | AED 787KAED 786,786 · Apr 2017April 2017 | 55,000 /yr | |
| 2615 | Studio | 555 sqft | AED 656KAED 655,670 · Sep 2022September 2022 | 68,000 /yr | |
| 2617 | Studio | 546 sqft | AED 925KAED 925,000 · Feb 2026February 2026 | 4,615 /yr | |
| 2618 | Studio | 567 sqft | AED 885KAED 885,486 · Mar 2023March 2023 | ||
| 2619 | 1-bed | 1,191 sqft | AED 1.47MAED 1,472,500 · Dec 2022December 2022 | 115,000 /yr | |
| 2602A | 2-bed | 1,500 sqft | AED 1.51MAED 1,514,495 · May 2021May 2021 | 110,250 /yr | |
| 2602B | Studio | 443 sqft | AED 805KAED 805,392 · Sep 2019September 2019 | ||
| 2609A | 1-bed | 821 sqft | AED 1.1MAED 1,100,000 · Feb 2021February 2021 | 108,900 /yr | |
| 2609B | Studio | 488 sqft | AED 775KAED 774,636 · Jun 2020June 2020 | ||
| 2611A | Studio | 529 sqft | AED 800KAED 800,000 · Aug 2026August 2026 | ||
| 2611B | 1-bed | 823 sqft | AED 1.24MAED 1,240,000 · Apr 2025April 2025 | 75,000 /yr | |
| 2620A | Studio | 446 sqft | AED 681KAED 681,394 · May 2022May 2022 | 65,000 /yr | |
| 2620B | 1-bed | 918 sqft | AED 1.35MAED 1,350,000 · Nov 2023November 2023 |
2616, AG Tower Business Bay in numbers
- Sold 3 times: first on 26 September 2018 for AED 660,276, last on 13 December 2024 for AED 920,000 (AED 1,782 per sqft).
- Rented since March 2025 on 3 Ejari contracts, at AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2024 price is 7.6%, before a service charge of about AED 6,500 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 10 March 2026.
Questions about 2616, AG Tower Business Bay
What did unit 2616 last sell for?
AED 920,000 on 13 December 2024: AED 1,782 per sqft for 516 sqft. The unit has 3 registered sales; the first was AED 660,276 in September 2018.
What is the rent for unit 2616?
AED 70,000 a year on the contract renewed on 10 March 2026. The previous contract, from March 2025, was AED 70,000; the unit has been rented since March 2025.
How big is unit 2616?
516 sqft (47.9 sqm): a studio on the 26th floor of a 27-storey tower completed in 2021.
What is unit 2616 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 2616, AG Tower Business Bay
Starts from the last sale price (AED 920K, 13 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 920,000
- Deposit, UAE resident (20%)
- AED 184,000
- Deposit, non-resident (40%)
- AED 368,000
- Monthly over 25 years at 3.7%
- AED 3,764
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →