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Studio · 546 sqftAG Tower Business Bay, Business Bay · 5th floor · completed 2021

517, AG Tower Business Bay

Sold prices and rental history: sold once, by the developer in June 2022, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 517 · DLD and Ejari recordsUpdated 1 November 2025
Last soldAED 795K20 June 2022
Current rentAED 70K /yr1 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 517, AG Tower Business Bay

What is 517 worth today?

Last sold for AED 794,534 in 2022

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1 Nov 2025RentedNew contract
AED 70,000/yr12 months · AED 128 per sqft
29 Oct 2024RentedNew contract
AED 65,000/yr12 months · AED 118 per sqft
20 Jun 2022Sold by developerReady
AED 794,534AED 1,455 per sqft

Source: Dubai Land Department. Updated 1 November 2025.

Key facts

Type
Studio apartment
Size
546 sqft
Floor
5th of 27
Parking
B1-28
Developer
Arabian Gulf Properties
Completed
2021
Service charge
AED 6,900 /yr
Last sold
AED 795K · June 2022
Building
AG Tower Business Bay

About 517, AG Tower Business Bay

517 is a studio of 546 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 20 June 2022 for AED 794,534, or AED 1,455 per sqft, in line with the AED 1,467 studios in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 1 November 2025, is AED 70,000 a year: a gross yield of 8.8% on the 2022 price, before the service charge of about AED 6,900 a year.

Sales and rents for 517 over time

Sales
Unit 517, 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, June 2022: AED 794,534 (AED 1,455 per sqft)

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

Rents
Unit 517, each contractTypical studio in AG Tower Business Bay
40K60K2021202320252027Typical 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, October 2024: AED 65,000 a yearNew contract, November 2025: AED 70,000 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 517 sits

All 312 studios →

517 last sold in June 2022 at AED 1,455 per sqft, in line with what studios in AG Tower Business Bay were fetching at the time (AED 1,467). 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. 517's AED 70,000 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 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

517, AG Tower Business Bay in numbers

  • Sold once: by Arabian Gulf Properties on 20 June 2022 for AED 794,534, or AED 1,455 per sqft.
  • Rented since October 2024 on 2 Ejari contracts, from AED 65,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2022 price is 8.8%, before a service charge of about AED 6,900 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 1 November 2025.

Questions about 517, AG Tower Business Bay

What did unit 517 last sell for?

AED 794,534 on 20 June 2022, sold by the developer: AED 1,455 per sqft for 546 sqft. It is the only registered sale of the unit.

What is the rent for unit 517?

AED 70,000 a year on the contract signed on 1 November 2025. The previous contract, from October 2024, was AED 65,000.

How big is unit 517?

546 sqft (50.7 sqm): a studio on the 5th floor of a 27-storey tower completed in 2021.

What is unit 517 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 517, AG Tower Business Bay

Starts from the last sale price (AED 795K, 20 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 794,534
Deposit, UAE resident (20%)
AED 158,907
Deposit, non-resident (40%)
AED 317,814
Monthly over 25 years at 3.7%
AED 3,251

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