406, AG Tower Business Bay
Sold prices and rental history: sold once, by the developer in September 2016, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, AG Tower Business Bay
What is 406 worth today?
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Source: Dubai Land Department. Updated 10 June 2026.
Key facts
- Type
- Studio apartment
- Size
- 489 sqft
- Floor
- 4th of 27
- Parking
- P1-19
- Developer
- Arabian Gulf Properties
- Completed
- 2021
- Service charge
- AED 6,200 /yr
- Last sold
- AED 729K · September 2016
- Building
- AG Tower Business Bay
About 406, AG Tower Business Bay
406 is a studio of 489 sqft on the 4th 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 26 September 2016 for AED 728,555, or AED 1,489 per sqft, in line with the AED 1,480 studios in the building were fetching at the time.
It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 10 June 2026, is AED 53,000 a year: a gross yield of 7.3% on the 2016 price, before the service charge of about AED 6,200 a year.
Sales and rents for 406 over time
406 has sold once; 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 406 sits
All 312 studios →406 last sold in September 2016 at AED 1,489 per sqft, in line with what studios in AG Tower Business Bay were fetching at the time (AED 1,480). 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. 406's AED 53,000 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 4th floor
All 576 units in AG Tower Business Bay| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,484 sqft | No registered sale | 107,000 /yr | |
| 403 | 1-bed | 932 sqft | No registered sale | 85,000 /yr | |
| 404 | Studio | 597 sqft | AED 855KAED 855,000 · Dec 2025December 2025 | 62,000 /yr | |
| 405 | 1-bed | 939 sqft | No registered sale | 80,000 /yr | |
| 407 | Studio | 492 sqft | AED 680KAED 680,000 · Dec 2022December 2022 | 65,000 /yr | |
| 408 | 3-bed | 3,270 sqft | No registered sale | 155,000 /yr | |
| 410 | 1-bed | 804 sqft | AED 1.05MAED 1,050,555 · Jan 2017January 2017 | 80,000 /yr | |
| 412 | Studio | 484 sqft | AED 695KAED 694,555 · Dec 2016December 2016 | 58,000 /yr | |
| 413 | 1-bed | 1,062 sqft | AED 1.19MAED 1,191,352 · Dec 2025December 2025 | ||
| 414 | Studio | 739 sqft | AED 722KAED 721,555 · May 2017May 2017 | 55,000 /yr | |
| 415 | Studio | 482 sqft | AED 757KAED 757,104 · May 2017May 2017 | 65,000 /yr | |
| 416 | Studio | 597 sqft | AED 880KAED 880,207 · Sep 2022September 2022 | 68,000 /yr | |
| 417 | Studio | 619 sqft | AED 790KAED 790,000 · Aug 2024August 2024 | 62,000 /yr | |
| 418 | Studio | 1,830 sqft | No registered sale | ||
| 419 | 1-bed | 2,920 sqft | No registered sale | 80,000 /yr | |
| 402A | 2-bed | 1,648 sqft | No registered sale | ||
| 402B | Studio | 518 sqft | AED 748KAED 748,351 · Sep 2022September 2022 | 50,000 /yr | |
| 409A | 1-bed | 1,615 sqft | No registered sale | 75,000 /yr | |
| 409B | Studio | 994 sqft | No registered sale | 52,000 /yr | |
| 411A | Studio | 1,398 sqft | No registered sale | 62,000 /yr | |
| 411B | 1-bed | 1,614 sqft | No registered sale | 80,000 /yr | |
| 420A | Studio | 956 sqft | No registered sale | 60,000 /yr | |
| 420B | 1-bed | 4,384 sqft | No registered sale | 82,000 /yr |
406, AG Tower Business Bay in numbers
- Sold once: by Arabian Gulf Properties on 26 September 2016 for AED 728,555, or AED 1,489 per sqft.
- Rented since December 2021 on 6 Ejari contracts, from AED 44,000 to AED 53,000 a year.
- At AED 53,000 a year the gross yield on the 2016 price is 7.3%, before a service charge of about AED 6,200 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 June 2026.
Questions about 406, AG Tower Business Bay
What did unit 406 last sell for?
AED 728,555 on 26 September 2016, sold by the developer: AED 1,489 per sqft for 489 sqft. It is the only registered sale of the unit.
What is the rent for unit 406?
AED 53,000 a year on the contract signed on 10 June 2026. The previous contract, from April 2025, was AED 55,000; the unit has been rented since December 2021.
How big is unit 406?
489 sqft (45.4 sqm): a studio on the 4th floor of a 27-storey tower completed in 2021.
What is unit 406 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 406, AG Tower Business Bay
Starts from the last sale price (AED 729K, 26 September 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 728,555
- Deposit, UAE resident (20%)
- AED 145,711
- Deposit, non-resident (40%)
- AED 291,422
- Monthly over 25 years at 3.7%
- AED 2,981
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →