1-bed · 900 sqftAG Tower Business Bay, Business Bay · 5th floor · completed 2021

505, AG Tower Business Bay

Sold prices and rental history: sold once, by the developer in August 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 10 August 2020
Last soldAED 1.36M10 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, AG Tower Business Bay

What is 505 worth today?

Last sold for AED 1,355,572 in 2020

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10 Aug 2020Sold by developerOff-plan
AED 1,355,572AED 1,506 per sqft

Source: Dubai Land Department. Updated 10 August 2020.

Key facts

Type
1-bed apartment
Size
900 sqft
Floor
5th of 27
Parking
B1-127
Developer
Arabian Gulf Properties
Completed
2021
Service charge
AED 11,400 /yr
Last sold
AED 1.36M · August 2020

About 505, AG Tower Business Bay

505 is a one-bedroom apartment of 900 sqft on the 5th 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 10 August 2020 for AED 1,355,572, or AED 1,506 per sqft, in line with the AED 1,498 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical one-bed in AG Tower Business Bay
1.2M1.4M2016201920222025Typical sale price by year: 2016 AED 1,268,328; 2017 AED 1,263,555; 2019 AED 1,379,110; 2020 AED 1,291,176; 2021 AED 1,150,000; 2022 AED 1,250,344; 2023 AED 1,160,000; 2024 AED 1,212,500; 2025 AED 1,226,688; 2026 AED 1,190,000Sold by developer, August 2020: AED 1,355,572 (AED 1,506 per sqft)

505 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 505, each contractTypical one-bed in AG Tower Business Bay
60K80K2021202320252027Typical rent by year: 2021 AED 60,000; 2022 AED 65,000; 2023 AED 75,000; 2024 AED 85,000; 2025 AED 85,000; 2026 AED 80,000

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

1-beds in AG Tower Business Bay, and where 505 sits

All 192 1-beds →

505 last sold in August 2020 at AED 1,506 per sqft, in line with what one-beds in AG Tower Business Bay were fetching at the time (AED 1,498). Over the last 12 months one-beds sold for AED 1,000,000 to 2,050,000, around AED 1,300 per sqft, and rent for AED 68,000 to 120,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
6 Nov 20261,100,000
25 Sep 20261,220,000
25 Sep 20261,100,000
24 Sep 20261,400,000
12 1-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. 41 sold in the last 12 months.

Typical price per sqft
AED 1,428 Down 5.6%
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
5012-bedAED 1.65M · Mar 2023
5031-bedAED 1.31M · Jun 2020
504StudioAED 780K · Mar 2025
506StudioAED 731K · Sep 2016
507StudioAED 705K · Oct 2016
5083-bedAED 2.06M · May 2021
5101-bedAED 960K · Apr 2023
1–7 of 23

505, AG Tower Business Bay in numbers

  • Sold once: by Arabian Gulf Properties on 10 August 2020 for AED 1,355,572, or AED 1,506 per sqft.
  • One-beds in AG Tower Business Bay sold for AED 1,000,000–2,050,000 in the 12 months to November 2026; the building's median across all types is AED 1,428 per sqft.

Source: Dubai Land Department. Updated 10 August 2020.

Questions about 505, AG Tower Business Bay

What did unit 505 last sell for?

AED 1,355,572 on 10 August 2020, sold by the developer: AED 1,506 per sqft for 900 sqft. It is the only registered sale of the unit.

How big is unit 505?

900 sqft (83.6 sqm): a one-bedroom apartment on the 5th floor of a 27-storey tower completed in 2021.

What is unit 505 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in AG Tower Business Bay sold for AED 1,000,000 to 2,050,000 in the last 12 months, around AED 1,300 per sqft.

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Mortgage on 505, AG Tower Business Bay

Starts from the last sale price (AED 1.36M, 10 August 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,355,572
Deposit, UAE resident (20%)
AED 271,114
Deposit, non-resident (40%)
AED 542,229
Monthly over 25 years at 3.7%
AED 5,546

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