Studio · 524 sqftAG Tower Business Bay, Business Bay · 6th floor · completed 2021

604, AG Tower Business Bay

Sold prices and rental history: sold once, by the developer in May 2017, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 604 · DLD and Ejari recordsUpdated 15 September 2026
Last soldAED 724K24 May 2017
Current rentAED 50K /yr15 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 604, AG Tower Business Bay

What is 604 worth today?

Last sold for AED 723,745 in 2017

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15 Sep 2026RentedNew contract
AED 50,000/yr12 months · AED 95 per sqft
4 Jul 2026RentedRenewal
AED 54,996/yr2 months · AED 104 per sqft
4 Jul 2025RentedNew contract
AED 55,000/yr12 months · AED 104 per sqft
4 Jul 2025RentedNew contract
AED 55,000/yr12 months · AED 104 per sqft
14 Jun 2024RentedRenewal
AED 50,400/yr12 months · AED 96 per sqft
14 Jun 2023RentedNew contract
AED 48,000/yr12 months · AED 91 per sqft
25 Nov 2021RentedNew contract
AED 39,000/yr12 months · AED 74 per sqft
24 May 2017Sold by developerOff-plan
AED 723,745AED 1,381 per sqft

Source: Dubai Land Department. Updated 15 September 2026.

Key facts

Type
Studio apartment
Size
524 sqft
Floor
6th of 27
Parking
P1-47
Developer
Arabian Gulf Properties
Completed
2021
Service charge
AED 6,600 /yr
Last sold
AED 724K · May 2017

About 604, AG Tower Business Bay

604 is a studio of 524 sqft on the 6th 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 24 May 2017 for AED 723,745, or AED 1,381 per sqft, 4% below the AED 1,442 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, signed on 15 September 2026, is AED 50,000 a year: a gross yield of 6.9% on the 2017 price, before the service charge of about AED 6,600 a year.

Sales and rents for 604 over time

Sales
Unit 604, 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, May 2017: AED 723,745 (AED 1,381 per sqft)

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

Rents
Unit 604, 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, November 2021: AED 39,000 a yearNew contract, June 2023: AED 48,000 a yearRenewal, June 2024: AED 50,400 a yearNew contract, July 2025: AED 55,000 a yearNew contract, July 2025: AED 55,000 a yearRenewal, July 2026: AED 54,996 a yearNew contract, September 2026: AED 50,000 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 604 sits

All 312 studios →

604 last sold in May 2017 at AED 1,381 per sqft, 4% below what studios in AG Tower Business Bay were fetching at the time (AED 1,442). 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. 604's AED 50,000 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 6th floor

All 576 units in AG Tower Business Bay
Value
6012-bedNo registered sale
6031-bedAED 857K · Mar 2023
6051-bedAED 1.26M · Feb 2017
606StudioAED 733K · Sep 2016
607StudioAED 707K · Sep 2016
6083-bedNo registered sale
6101-bedAED 950K · Jun 2023
1–7 of 23

604, AG Tower Business Bay in numbers

  • Sold once: by Arabian Gulf Properties on 24 May 2017 for AED 723,745, or AED 1,381 per sqft.
  • Rented since November 2021 on 7 Ejari contracts, from AED 39,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2017 price is 6.9%, before a service charge of about AED 6,600 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 15 September 2026.

Questions about 604, AG Tower Business Bay

What did unit 604 last sell for?

AED 723,745 on 24 May 2017, sold by the developer: AED 1,381 per sqft for 524 sqft. It is the only registered sale of the unit.

What is the rent for unit 604?

AED 50,000 a year on the contract signed on 15 September 2026. The previous contract, from July 2026, was AED 54,996; the unit has been rented since November 2021.

How big is unit 604?

524 sqft (48.7 sqm): a studio on the 6th floor of a 27-storey tower completed in 2021.

What is unit 604 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 604, AG Tower Business Bay

Starts from the last sale price (AED 724K, 24 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 723,745
Deposit, UAE resident (20%)
AED 144,749
Deposit, non-resident (40%)
AED 289,498
Monthly over 25 years at 3.7%
AED 2,961

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