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3-bed · 2,075 sqftAG Tower Business Bay, Business Bay · 5th floor · completed 2021

508, AG Tower Business Bay

Sold prices and rental history: sold once, by the developer in May 2021, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 20 May 2026
Last soldAED 2.06M17 May 2021
Current rentAED 128K /yr20 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 508, AG Tower Business Bay

What is 508 worth today?

Last sold for AED 2,057,970 in 2021

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20 May 2026RentedRenewal
AED 127,500/yr12 months · AED 61 per sqft
20 May 2025RentedRenewal
AED 127,500/yr12 months · AED 61 per sqft
20 May 2025RentedRenewal
AED 127,500/yr12 months · AED 61 per sqft
20 May 2024RentedRenewal
AED 121,500/yr12 months · AED 58 per sqft
20 May 2023RentedRenewal
AED 115,500/yr12 months · AED 56 per sqft
20 May 2022RentedNew contract
AED 110,000/yr12 months · AED 53 per sqft
17 May 2021Sold by developerOff-plan
AED 2,057,970AED 991 per sqft

Source: Dubai Land Department. Updated 20 May 2026.

Key facts

Type
3-bed apartment
Size
2,075 sqft
Floor
5th of 27
Parking
P1-03 , P1-04
Developer
Arabian Gulf Properties
Completed
2021
Service charge
AED 26,200 /yr
Last sold
AED 2.06M · May 2021
Building
AG Tower Business Bay

About 508, AG Tower Business Bay

508 is a three-bedroom apartment of 2,075 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 17 May 2021 for AED 2,057,970, or AED 991 per sqft.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, renewed on 20 May 2026, is AED 127,500 a year: a gross yield of 6.2% on the 2021 price, before the service charge of about AED 26,200 a year.

Sales and rents for 508 over time

Sales
Unit 508, each saleTypical three-bed in AG Tower Business Bay
2.1M2.2M2.3M2021202320252027Typical sale price by year: 2021 AED 2,057,970; 2026 AED 2,275,000Sold by developer, May 2021: AED 2,057,970 (AED 991 per sqft)

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

Rents
Unit 508, each contractTypical three-bed in AG Tower Business Bay
120K140K202220242026Typical rent by year: 2022 AED 115,000; 2023 AED 130,500; 2024 AED 145,000; 2025 AED 145,000; 2026 AED 145,000New contract, May 2022: AED 110,000 a yearRenewal, May 2023: AED 115,500 a yearRenewal, May 2024: AED 121,500 a yearRenewal, May 2025: AED 127,500 a yearRenewal, May 2025: AED 127,500 a yearRenewal, May 2026: AED 127,500 a year

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

3-beds in AG Tower Business Bay, and where 508 sits

All 23 3-beds →

Over the last 12 months three-beds sold for AED 2,000,000 to 3,000,000, around AED 1,096 per sqft, and rent for AED 127,500 to 165,000 a year. 508's AED 127,500 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
28 Oct 20262,550,000
13 Aug 20263,000,000
6 Apr 20262,000,000
1 Apr 20262,000,000
4 3-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
5012-bedAED 1.65M · Mar 2023
5031-bedAED 1.31M · Jun 2020
504StudioAED 780K · Mar 2025
5051-bedAED 1.36M · Aug 2020
506StudioAED 731K · Sep 2016
507StudioAED 705K · Oct 2016
5101-bedAED 960K · Apr 2023
1–7 of 23

508, AG Tower Business Bay in numbers

  • Sold once: by Arabian Gulf Properties on 17 May 2021 for AED 2,057,970, or AED 991 per sqft.
  • Rented since May 2022 on 6 Ejari contracts, from AED 110,000 to AED 127,500 a year.
  • At AED 127,500 a year the gross yield on the 2021 price is 6.2%, before a service charge of about AED 26,200 a year (AED 12.62 per sqft).
  • Three-beds in AG Tower Business Bay sold for AED 2,000,000–3,000,000 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 20 May 2026.

Questions about 508, AG Tower Business Bay

What did unit 508 last sell for?

AED 2,057,970 on 17 May 2021, sold by the developer: AED 991 per sqft for 2,075 sqft. It is the only registered sale of the unit.

What is the rent for unit 508?

AED 127,500 a year on the contract renewed on 20 May 2026. The previous contract, from May 2025, was AED 127,500; the unit has been rented since May 2022.

How big is unit 508?

2,075 sqft (192.8 sqm): a three-bedroom apartment on the 5th floor of a 27-storey tower completed in 2021.

What is unit 508 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in AG Tower Business Bay sold for AED 2,000,000 to 3,000,000 in the last 12 months, around AED 1,096 per sqft.

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Mortgage on 508, AG Tower Business Bay

Starts from the last sale price (AED 2.06M, 17 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,057,970
Deposit, UAE resident (20%)
AED 411,594
Deposit, non-resident (40%)
AED 823,188
Monthly over 25 years at 3.7%
AED 8,420

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