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1-bed · 917 sqftAG Tower Business Bay, Business Bay · 5th floor · completed 2021

513, AG Tower Business Bay

Sold prices and rental history: sold once, by the developer in October 2023, and rented once, from November 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 513 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 1.3M9 October 2023
Current rentAED 95K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 513, AG Tower Business Bay

What is 513 worth today?

Last sold for AED 1,302,624 in 2023

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1 Nov 2024RentedNew contract
AED 95,000/yr13 months · AED 104 per sqft
9 Oct 2023Sold by developerReady
AED 1,302,624AED 1,419 per sqft

Source: Dubai Land Department. Updated 1 November 2024.

Key facts

Type
1-bed apartment
Size
917 sqft
Floor
5th of 27
Parking
B1-24
Developer
Arabian Gulf Properties
Completed
2021
Service charge
AED 11,600 /yr
Last sold
AED 1.3M · October 2023
Building
AG Tower Business Bay

About 513, AG Tower Business Bay

513 is a one-bedroom apartment of 917 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 9 October 2023 for AED 1,302,624, or AED 1,419 per sqft, in line with the AED 1,397 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 November 2024. The current contract, signed on 1 November 2024, is AED 95,000 a year: a gross yield of 7.3% on the 2023 price, before the service charge of about AED 11,600 a year.

Sales and rents for 513 over time

Sales
Unit 513, 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 1,254,160; 2023 AED 1,160,000; 2024 AED 1,212,500; 2025 AED 1,226,688; 2026 AED 1,200,000Sold by developer, October 2023: AED 1,302,624 (AED 1,419 per sqft)

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

Rents
Unit 513, each contractTypical one-bed in AG Tower Business Bay
60K80K100K2021202320252027Typical 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 80,000New contract, November 2024: AED 95,000 a year

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 513 sits

All 192 1-beds →

513 last sold in October 2023 at AED 1,419 per sqft, in line with what one-beds in AG Tower Business Bay were fetching at the time (AED 1,397). Over the last 12 months one-beds sold for AED 1,000,000 to 2,050,000, around AED 1,317 per sqft, and rent for AED 68,000 to 120,000 a year. 513's AED 95,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
25 Sep 20261,220,000
25 Sep 20261,100,000
24 Sep 20261,400,000
16 Sep 20261,100,000
11 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. 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
5083-bedAED 2.06M · May 2021
1–7 of 23

513, AG Tower Business Bay in numbers

  • Sold once: by Arabian Gulf Properties on 9 October 2023 for AED 1,302,624, or AED 1,419 per sqft.
  • Rented since November 2024 on one Ejari contract, at AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2023 price is 7.3%, before a service charge of about AED 11,600 a year (AED 12.62 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 1,432 per sqft.

Source: Dubai Land Department. Updated 1 November 2024.

Questions about 513, AG Tower Business Bay

What did unit 513 last sell for?

AED 1,302,624 on 9 October 2023, sold by the developer: AED 1,419 per sqft for 917 sqft. It is the only registered sale of the unit.

What is the rent for unit 513?

AED 95,000 a year on the contract signed on 1 November 2024.

How big is unit 513?

917 sqft (85.2 sqm): a one-bedroom apartment on the 5th floor of a 27-storey tower completed in 2021.

What is unit 513 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 1,317 per sqft.

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Mortgage on 513, AG Tower Business Bay

Starts from the last sale price (AED 1.3M, 9 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,302,624
Deposit, UAE resident (20%)
AED 260,525
Deposit, non-resident (40%)
AED 521,050
Monthly over 25 years at 3.7%
AED 5,329

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