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2-bed · 1,530 sqftAG Tower Business Bay, Business Bay · 5th floor · completed 2021

501, AG Tower Business Bay

Sold prices and rental history: sold twice, last in March 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 12 January 2026
Last soldAED 1.65M9 March 2023
Current rentAED 130K /yr12 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 501, AG Tower Business Bay

What is 501 worth today?

Last sold for AED 1,647,000 in 2023

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12 Jan 2026RentedNew contract
AED 130,000/yr12 months · AED 85 per sqft
14 Nov 2024RentedNew contract
AED 140,000/yr12 months · AED 92 per sqft
9 Mar 2023SoldReady
AED 1,647,000AED 1,076 per sqft
14 Nov 2019Sold by developerOff-plan
AED 1,651,500AED 1,079 per sqft

Source: Dubai Land Department. Updated 12 January 2026.

Key facts

Type
2-bed apartment
Size
1,530 sqft
Floor
5th of 27
Parking
B1-132
Developer
Arabian Gulf Properties
Completed
2021
Service charge
AED 19,300 /yr
Last sold
AED 1.65M · March 2023
Building
AG Tower Business Bay

About 501, AG Tower Business Bay

501 is a two-bedroom apartment of 1,530 sqft on the 5th floor of AG Tower Business Bay, a 27-storey tower in Business Bay completed in 2021 by Arabian Gulf Properties. It last sold on 9 March 2023 for AED 1,647,000, or AED 1,076 per sqft, 30% above the AED 826 two-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 12 January 2026, is AED 130,000 a year: a gross yield of 7.9% on the 2023 price, before the service charge of about AED 19,300 a year.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical two-bed in AG Tower Business Bay
1M2M2017202020232026Typical sale price by year: 2017 AED 2,057,555; 2019 AED 1,700,000; 2020 AED 1,900,000; 2021 AED 1,657,958; 2022 AED 874,691; 2023 AED 1,647,000; 2025 AED 1,850,000; 2026 AED 1,900,000Sold by developer, November 2019: AED 1,651,500 (AED 1,079 per sqft)Sold, March 2023: AED 1,647,000 (AED 1,076 per sqft)

501 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 501, each contractTypical two-bed in AG Tower Business Bay
100K125K202220242026Typical rent by year: 2022 AED 90,000; 2023 AED 98,000; 2024 AED 103,950; 2025 AED 106,500; 2026 AED 111,500New contract, November 2024: AED 140,000 a yearNew contract, January 2026: AED 130,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in AG Tower Business Bay, and where 501 sits

All 48 2-beds →

501 last sold in March 2023 at AED 1,076 per sqft, 30% above what two-beds in AG Tower Business Bay were fetching at the time (AED 826). Over the last 12 months two-beds sold for AED 1,870,000 to 1,975,000, around AED 1,251 per sqft, and rent for AED 99,250 to 160,000 a year. 501's AED 130,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Jul 20261,975,000
16 Mar 20261,870,000
5 Jan 20261,900,000
2 Sep 20252,050,000
3 2-bed 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 5th floor

All 576 units in AG Tower Business Bay
Value
5031-bedAED 1.31M · Jun 2020
504StudioAED 780K · Mar 2025
5051-bedAED 1.36M · Aug 2020
506StudioAED 731K · Sep 2016
507StudioAED 705K · Oct 2016
5083-bedAED 2.06M · May 2021
5101-bedAED 960K · Apr 2023
1–7 of 23

501, AG Tower Business Bay in numbers

  • Sold twice: first on 14 November 2019 for AED 1,651,500, last on 9 March 2023 for AED 1,647,000 (AED 1,076 per sqft).
  • Rented since November 2024 on 2 Ejari contracts, from AED 140,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2023 price is 7.9%, before a service charge of about AED 19,300 a year (AED 12.62 per sqft).
  • Two-beds in AG Tower Business Bay sold for AED 1,870,000–1,975,000 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 2026.

Questions about 501, AG Tower Business Bay

What did unit 501 last sell for?

AED 1,647,000 on 9 March 2023: AED 1,076 per sqft for 1,530 sqft. The unit has 2 registered sales; the first was AED 1,651,500 in November 2019.

What is the rent for unit 501?

AED 130,000 a year on the contract signed on 12 January 2026. The previous contract, from November 2024, was AED 140,000.

How big is unit 501?

1,530 sqft (142.1 sqm): a two-bedroom apartment on the 5th floor of a 27-storey tower completed in 2021.

What is unit 501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in AG Tower Business Bay sold for AED 1,870,000 to 1,975,000 in the last 12 months, around AED 1,251 per sqft.

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Mortgage on 501, AG Tower Business Bay

Starts from the last sale price (AED 1.65M, 9 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,647,000
Deposit, UAE resident (20%)
AED 329,400
Deposit, non-resident (40%)
AED 658,800
Monthly over 25 years at 3.7%
AED 6,738

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