Studio · 484 sqftAG Tower Business Bay, Business Bay · 4th floor · completed 2021

412, AG Tower Business Bay

Sold prices and rental history: sold once, by the developer in December 2016, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 412 · DLD and Ejari recordsUpdated 15 May 2026
Last soldAED 695K19 December 2016
Current rentAED 58K /yr15 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 412, AG Tower Business Bay

What is 412 worth today?

Last sold for AED 694,555 in 2016

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15 May 2026RentedRenewal
AED 58,000/yr12 months · AED 83 per sqft
15 May 2025RentedNew contract
AED 62,000/yr12 months · AED 89 per sqft
15 May 2025RentedNew contract
AED 62,000/yr12 months · AED 89 per sqft
25 Apr 2022RentedNew contract
AED 45,000/yr12 months · AED 64 per sqft
19 Dec 2016Sold by developerOff-plan
AED 694,555AED 1,433 per sqft

Source: Dubai Land Department. Updated 15 May 2026.

Key facts

Type
Studio apartment
Size
484 sqft
Floor
4th of 27
Parking
P1-98
Developer
Arabian Gulf Properties
Completed
2021
Service charge
AED 6,100 /yr
Last sold
AED 695K · December 2016

About 412, AG Tower Business Bay

412 is a studio of 484 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 19 December 2016 for AED 694,555, or AED 1,433 per sqft, 3% below the AED 1,481 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 15 May 2026, is AED 58,000 a year: a gross yield of 8.3% on the 2016 price, before the service charge of about AED 6,100 a year.

Sales and rents for 412 over time

Sales
Unit 412, 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, December 2016: AED 694,555 (AED 1,433 per sqft)

412 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 412, each contractTypical studio in AG Tower Business Bay
40K50K60K2021202320252027Typical 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, April 2022: AED 45,000 a yearNew contract, May 2025: AED 62,000 a yearNew contract, May 2025: AED 62,000 a yearRenewal, May 2026: AED 58,000 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 412 sits

All 312 studios →

412 last sold in December 2016 at AED 1,433 per sqft, 3% below what studios in AG Tower Business Bay were fetching at the time (AED 1,481). 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. 412's AED 58,000 is in the lower half 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 4th floor

All 576 units in AG Tower Business Bay
Value
4012-bedNo registered sale
4031-bedNo registered sale
404StudioAED 855K · Dec 2025
4051-bedNo registered sale
406StudioAED 729K · Sep 2016
407StudioAED 680K · Dec 2022
4083-bedNo registered sale
1–7 of 23

412, AG Tower Business Bay in numbers

  • Sold once: by Arabian Gulf Properties on 19 December 2016 for AED 694,555, or AED 1,433 per sqft.
  • Rented since April 2022 on 4 Ejari contracts, from AED 45,000 to AED 58,000 a year.
  • At AED 58,000 a year the gross yield on the 2016 price is 8.3%, before a service charge of about AED 6,100 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 May 2026.

Questions about 412, AG Tower Business Bay

What did unit 412 last sell for?

AED 694,555 on 19 December 2016, sold by the developer: AED 1,433 per sqft for 484 sqft. It is the only registered sale of the unit.

What is the rent for unit 412?

AED 58,000 a year on the contract renewed on 15 May 2026. The previous contract, from May 2025, was AED 62,000; the unit has been rented since April 2022.

How big is unit 412?

484 sqft (45.0 sqm): a studio on the 4th floor of a 27-storey tower completed in 2021.

What is unit 412 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 412, AG Tower Business Bay

Starts from the last sale price (AED 695K, 19 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 694,555
Deposit, UAE resident (20%)
AED 138,911
Deposit, non-resident (40%)
AED 277,822
Monthly over 25 years at 3.7%
AED 2,842

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