Studio · 739 sqftAG Tower Business Bay, Business Bay · 4th floor · completed 2021

414, AG Tower Business Bay

Sold prices and rental history: sold once, by the developer in May 2017, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 414 · DLD and Ejari recordsUpdated 12 January 2024
Last soldAED 722K4 May 2017
Current rentAED 55K /yr12 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 414, AG Tower Business Bay

What is 414 worth today?

Last sold for AED 721,555 in 2017

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12 Jan 2024RentedRenewal
AED 55,000/yr12 months · AED 74 per sqft
12 Jan 2023RentedNew contract
AED 55,000/yr12 months · AED 74 per sqft
9 Jan 2022RentedNew contract
AED 45,000/yr12 months · AED 61 per sqft
4 May 2017Sold by developerOff-plan
AED 721,555AED 976 per sqft

Source: Dubai Land Department. Updated 12 January 2024.

Key facts

Type
Studio apartment
Size
739 sqft
Floor
4th of 27
Parking
P1-96
Developer
Arabian Gulf Properties
Completed
2021
Service charge
AED 9,300 /yr
Last sold
AED 722K · May 2017

About 414, AG Tower Business Bay

414 is a studio of 739 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 4 May 2017 for AED 721,555, or AED 976 per sqft, 33% below the AED 1,447 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 12 January 2024, is AED 55,000 a year: a gross yield of 7.6% on the 2017 price, before the service charge of about AED 9,300 a year.

Sales and rents for 414 over time

Sales
Unit 414, 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, May 2017: AED 721,555 (AED 976 per sqft)

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

Rents
Unit 414, 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, January 2022: AED 45,000 a yearNew contract, January 2023: AED 55,000 a yearRenewal, January 2024: AED 55,000 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 414 sits

All 312 studios →

414 last sold in May 2017 at AED 976 per sqft, 33% below what studios in AG Tower Business Bay were fetching at the time (AED 1,447). 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. 414's AED 55,000 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

414, AG Tower Business Bay in numbers

  • Sold once: by Arabian Gulf Properties on 4 May 2017 for AED 721,555, or AED 976 per sqft.
  • Rented since January 2022 on 3 Ejari contracts, from AED 45,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2017 price is 7.6%, before a service charge of about AED 9,300 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 12 January 2024.

Questions about 414, AG Tower Business Bay

What did unit 414 last sell for?

AED 721,555 on 4 May 2017, sold by the developer: AED 976 per sqft for 739 sqft. It is the only registered sale of the unit.

What is the rent for unit 414?

AED 55,000 a year on the contract renewed on 12 January 2024. The previous contract, from January 2023, was AED 55,000; the unit has been rented since January 2022.

How big is unit 414?

739 sqft (68.7 sqm): a studio on the 4th floor of a 27-storey tower completed in 2021.

What is unit 414 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 414, AG Tower Business Bay

Starts from the last sale price (AED 722K, 4 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 721,555
Deposit, UAE resident (20%)
AED 144,311
Deposit, non-resident (40%)
AED 288,622
Monthly over 25 years at 3.7%
AED 2,952

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