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Studio · 524 sqftAG Tower Business Bay, Business Bay · 7th floor · completed 2021

704, AG Tower Business Bay

Sold prices and rental history: sold once, by the developer in April 2017, and rented once, from September 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 26 September 2026
Last soldAED 737K9 April 2017
Current rentAED 60K /yr26 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 704, AG Tower Business Bay

What is 704 worth today?

Last sold for AED 736,904 in 2017

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26 Sep 2026RentedNew contract
AED 60,000/yr12 months · AED 115 per sqft
9 Apr 2017Sold by developerOff-plan
AED 736,904AED 1,406 per sqft

Source: Dubai Land Department. Updated 26 September 2026.

Key facts

Type
Studio apartment
Size
524 sqft
Floor
7th of 27
Parking
P2-22
Developer
Arabian Gulf Properties
Completed
2021
Service charge
AED 6,600 /yr
Last sold
AED 737K · April 2017
Building
AG Tower Business Bay

About 704, AG Tower Business Bay

704 is a studio of 524 sqft on the 7th 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 April 2017 for AED 736,904, or AED 1,406 per sqft, 4% below the AED 1,457 studios in the building were fetching at the time.

One Ejari contract is registered, from 26 September 2026. The current contract, signed on 26 September 2026, is AED 60,000 a year: a gross yield of 8.1% on the 2017 price, before the service charge of about AED 6,600 a year.

Sales and rents for 704 over time

Sales
Unit 704, 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, April 2017: AED 736,904 (AED 1,406 per sqft)

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

Rents
Unit 704, each contractTypical studio in AG Tower Business Bay
40K50K60K2021202320252027Typical 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, September 2026: AED 60,000 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 704 sits

All 312 studios →

704 last sold in April 2017 at AED 1,406 per sqft, 4% below what studios in AG Tower Business Bay were fetching at the time (AED 1,457). 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. 704's AED 60,000 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 7th floor

All 576 units in AG Tower Business Bay
Value
7012-bedNo registered sale
7031-bedAED 1.22M · Dec 2016
7051-bedAED 1.27M · May 2017
706StudioAED 735K · Sep 2016
707StudioAED 709K · Sep 2016
7083-bedNo registered sale
7101-bedAED 1M · Nov 2025
1–7 of 23

704, AG Tower Business Bay in numbers

  • Sold once: by Arabian Gulf Properties on 9 April 2017 for AED 736,904, or AED 1,406 per sqft.
  • Rented since September 2026 on one Ejari contract, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2017 price is 8.1%, 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 26 September 2026.

Questions about 704, AG Tower Business Bay

What did unit 704 last sell for?

AED 736,904 on 9 April 2017, sold by the developer: AED 1,406 per sqft for 524 sqft. It is the only registered sale of the unit.

What is the rent for unit 704?

AED 60,000 a year on the contract signed on 26 September 2026.

How big is unit 704?

524 sqft (48.7 sqm): a studio on the 7th floor of a 27-storey tower completed in 2021.

What is unit 704 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 704, AG Tower Business Bay

Starts from the last sale price (AED 737K, 9 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 736,904
Deposit, UAE resident (20%)
AED 147,381
Deposit, non-resident (40%)
AED 294,762
Monthly over 25 years at 3.7%
AED 3,015

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