618, AG Tower Business Bay
Sold prices and rental history: sold once, by the developer in November 2020, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 618, AG Tower Business Bay
What is 618 worth today?
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Source: Dubai Land Department. Updated 1 November 2024.
Key facts
- Type
- Studio apartment
- Size
- 567 sqft
- Floor
- 6th of 27
- Parking
- P2-14
- Developer
- Arabian Gulf Properties
- Completed
- 2021
- Service charge
- AED 7,200 /yr
- Last sold
- AED 737K · November 2020
- Building
- AG Tower Business Bay
About 618, AG Tower Business Bay
618 is a studio of 567 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 15 November 2020 for AED 736,736, or AED 1,299 per sqft, 18% below the AED 1,576 studios in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 1 November 2024, is AED 60,000 a year: a gross yield of 8.1% on the 2020 price, before the service charge of about AED 7,200 a year.
Sales and rents for 618 over time
618 has sold once; the dashed line is the studio median of each year in the building.
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 618 sits
All 312 studios →618 last sold in November 2020 at AED 1,299 per sqft, 18% below what studios in AG Tower Business Bay were fetching at the time (AED 1,576). 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. 618's AED 60,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Oct 202623 October 2026 | 529 sqft | 830,000 | 1,567 | ||
| 15 Oct 202615 October 2026 | 524 sqft | 800,000 | 1,527 | ||
| 3 Oct 20263 October 2026 | 446 sqft | 800,000 | 1,795 | ||
| 23 Sep 202623 September 2026 | 472 sqft | 755,552 | 1,600 |
AG Tower Business Bay
Building576 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%
Other units on the 6th floor
All 576 units in AG Tower Business Bay| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 2-bed | 1,519 sqft | No registered sale | 115,000 /yr | |
| 603 | 1-bed | 884 sqft | AED 857KAED 856,800 · Mar 2023March 2023 | ||
| 604 | Studio | 524 sqft | AED 724KAED 723,745 · May 2017May 2017 | 50,000 /yr | |
| 605 | 1-bed | 896 sqft | AED 1.26MAED 1,263,555 · Feb 2017February 2017 | 78,000 /yr | |
| 606 | Studio | 463 sqft | AED 733KAED 732,555 · Sep 2016September 2016 | 52,000 /yr | |
| 607 | Studio | 464 sqft | AED 707KAED 706,555 · Sep 2016September 2016 | 57,000 /yr | |
| 608 | 3-bed | 2,075 sqft | No registered sale | 126,000 /yr | |
| 610 | 1-bed | 867 sqft | AED 950KAED 950,000 · Jun 2023June 2023 | 90,000 /yr | |
| 612 | Studio | 545 sqft | AED 620KAED 620,000 · Oct 2022October 2022 | 70,000 /yr | |
| 613 | 1-bed | 917 sqft | AED 1.35MAED 1,350,000 · Oct 2024October 2024 | ||
| 614 | Studio | 567 sqft | AED 700KAED 699,676 · Nov 2022November 2022 | 65,000 /yr | |
| 615 | Studio | 541 sqft | AED 778KAED 777,555 · Sep 2016September 2016 | 55,000 /yr | |
| 616 | Studio | 516 sqft | AED 737KAED 736,904 · Jun 2017June 2017 | 59,000 /yr | |
| 617 | Studio | 546 sqft | AED 787KAED 786,555 · Feb 2017February 2017 | 63,000 /yr | |
| 619 | 1-bed | 1,191 sqft | No registered sale | 85,000 /yr | |
| 602A | 2-bed | 1,500 sqft | No registered sale | 100,000 /yr | |
| 602B | Studio | 443 sqft | AED 805KAED 805,392 · Sep 2019September 2019 | ||
| 609A | 1-bed | 821 sqft | AED 1.07MAED 1,067,248 · Nov 2020November 2020 | 70,000 /yr | |
| 609B | Studio | 488 sqft | AED 636KAED 636,129 · Nov 2020November 2020 | 62,000 /yr | |
| 611A | Studio | 529 sqft | AED 688KAED 688,181 · Nov 2020November 2020 | 55,000 /yr | |
| 611B | 1-bed | 823 sqft | AED 1.11MAED 1,110,000 · Jun 2021June 2021 | 90,000 /yr | |
| 620A | Studio | 446 sqft | AED 750KAED 750,000 · Feb 2026February 2026 | 60,000 /yr | |
| 620B | 1-bed | 918 sqft | No registered sale | 68,250 /yr |
618, AG Tower Business Bay in numbers
- Sold once: by Arabian Gulf Properties on 15 November 2020 for AED 736,736, or AED 1,299 per sqft.
- Rented since December 2021 on 3 Ejari contracts, from AED 42,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2020 price is 8.1%, before a service charge of about AED 7,200 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 2024.
Questions about 618, AG Tower Business Bay
What did unit 618 last sell for?
AED 736,736 on 15 November 2020, sold by the developer: AED 1,299 per sqft for 567 sqft. It is the only registered sale of the unit.
What is the rent for unit 618?
AED 60,000 a year on the contract signed on 1 November 2024. The previous contract, from December 2022, was AED 48,000; the unit has been rented since December 2021.
How big is unit 618?
567 sqft (52.7 sqm): a studio on the 6th floor of a 27-storey tower completed in 2021.
What is unit 618 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 618, AG Tower Business Bay
Starts from the last sale price (AED 737K, 15 November 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 736,736
- Deposit, UAE resident (20%)
- AED 147,347
- Deposit, non-resident (40%)
- AED 294,694
- Monthly over 25 years at 3.7%
- AED 3,014
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →