407, AG Tower Business Bay
Sold prices and rental history: sold twice, last in December 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, AG Tower Business Bay
What is 407 worth today?
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Source: Dubai Land Department. Updated 10 March 2026.
Key facts
- Type
- Studio apartment
- Size
- 492 sqft
- Floor
- 4th of 27
- Parking
- P1-20
- Developer
- Arabian Gulf Properties
- Completed
- 2021
- Service charge
- AED 6,200 /yr
- Last sold
- AED 680K · December 2022
- Building
- AG Tower Business Bay
About 407, AG Tower Business Bay
407 is a studio of 492 sqft on the 4th floor of AG Tower Business Bay, a 27-storey tower in Business Bay completed in 2021 by Arabian Gulf Properties. It last sold on 23 December 2022 for AED 680,000, or AED 1,381 per sqft, 10% above the AED 1,254 studios in the building were fetching at the time.
It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 10 March 2026, is AED 65,000 a year: a gross yield of 9.6% on the 2022 price, before the service charge of about AED 6,200 a year.
Sales and rents for 407 over time
407 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 407 sits
All 312 studios →407 last sold in December 2022 at AED 1,381 per sqft, 10% above what studios in AG Tower Business Bay were fetching at the time (AED 1,254). 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. 407's AED 65,000 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 | |
| 406 | Studio | 489 sqft | AED 729KAED 728,555 · Sep 2016September 2016 | 53,000 /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 |
407, AG Tower Business Bay in numbers
- Sold twice: first on 27 February 2020 for AED 730,909, last on 23 December 2022 for AED 680,000 (AED 1,381 per sqft).
- Rented since January 2023 on 3 Ejari contracts, from AED 60,000 to AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2022 price is 9.6%, 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 March 2026.
Questions about 407, AG Tower Business Bay
What did unit 407 last sell for?
AED 680,000 on 23 December 2022: AED 1,381 per sqft for 492 sqft. The unit has 2 registered sales; the first was AED 730,909 in February 2020.
What is the rent for unit 407?
AED 65,000 a year on the contract renewed on 10 March 2026. The previous contract, from March 2025, was AED 60,000; the unit has been rented since January 2023.
How big is unit 407?
492 sqft (45.7 sqm): a studio on the 4th floor of a 27-storey tower completed in 2021.
What is unit 407 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 407, AG Tower Business Bay
Starts from the last sale price (AED 680K, 23 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 680,000
- Deposit, UAE resident (20%)
- AED 136,000
- Deposit, non-resident (40%)
- AED 272,000
- Monthly over 25 years at 3.7%
- AED 2,782
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →