709B, AG Tower Business Bay
Sold prices and rental history: sold once, by the developer in July 2022, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 709B, AG Tower Business Bay
What is 709B worth today?
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Source: Dubai Land Department. Updated 1 October 2024.
Key facts
- Type
- Studio apartment
- Size
- 488 sqft
- Floor
- 7th of 27
- Parking
- P2-27
- Developer
- Arabian Gulf Properties
- Completed
- 2021
- Service charge
- AED 6,200 /yr
- Last sold
- AED 281K · July 2022
- Building
- AG Tower Business Bay
About 709B, AG Tower Business Bay
709B is a studio of 488 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 20 July 2022 for AED 280,954, or AED 575 per sqft, 59% below the AED 1,409 studios in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 58,000 a year: a gross yield of 20.6% on the 2022 price, before the service charge of about AED 6,200 a year.
Sales and rents for 709B over time
709B 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 709B sits
All 312 studios →709B last sold in July 2022 at AED 575 per sqft, 59% below what studios in AG Tower Business Bay were fetching at the time (AED 1,409). Over the last 12 months studios sold for AED 660,000 to 925,000, around AED 1,586 per sqft, and rent for AED 48,510 to 107,680 a year. 709B's AED 58,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Nov 20266 November 2026 | 546 sqft | 780,000 | 1,428 | ||
| 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 |
AG Tower Business Bay
Building576 apartments, studios to 4-bed over 27 floors in Business Bay, completed in 2021 by Arabian Gulf Properties. 41 sold in the last 12 months.
- Typical price per sqft
- AED 1,428 Down 5.6%
- Typical sale
- AED 891K
- Typical rent
- AED 70K /yr
- Typical yield
- 7.3%
Other units on the 7th floor
All 576 units in AG Tower Business Bay| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,519 sqft | No registered sale | 99,250 /yr | |
| 703 | 1-bed | 884 sqft | AED 1.22MAED 1,219,555 · Dec 2016December 2016 | 87,000 /yr | |
| 704 | Studio | 524 sqft | AED 737KAED 736,904 · Apr 2017April 2017 | 60,000 /yr | |
| 705 | 1-bed | 896 sqft | AED 1.27MAED 1,267,555 · May 2017May 2017 | 82,000 /yr | |
| 706 | Studio | 463 sqft | AED 735KAED 734,555 · Sep 2016September 2016 | 56,000 /yr | |
| 707 | Studio | 464 sqft | AED 709KAED 708,555 · Sep 2016September 2016 | 57,750 /yr | |
| 708 | 3-bed | 2,075 sqft | No registered sale | 165,000 /yr | |
| 710 | 1-bed | 867 sqft | AED 1MAED 1,000,000 · Nov 2025November 2025 | 90,000 /yr | |
| 712 | Studio | 545 sqft | AED 680KAED 680,000 · Jun 2022June 2022 | 60,000 /yr | |
| 713 | 1-bed | 917 sqft | AED 1.24MAED 1,238,517 · May 2022May 2022 | 100,000 /yr | |
| 714 | Studio | 567 sqft | AED 685KAED 685,000 · Sep 2023September 2023 | 58,000 /yr | |
| 715 | Studio | 541 sqft | AED 779KAED 778,555 · Sep 2016September 2016 | 55,902 /yr | |
| 716 | Studio | 516 sqft | AED 766KAED 765,555 · May 2017May 2017 | 67,000 /yr | |
| 717 | Studio | 546 sqft | AED 780KAED 780,000 · Nov 2026November 2026 | 65,000 /yr | |
| 718 | Studio | 567 sqft | AED 737KAED 736,736 · Nov 2020November 2020 | 66,000 /yr | |
| 719 | 1-bed | 1,191 sqft | AED 2.05MAED 2,050,000 · Aug 2026August 2026 | 80,000 /yr | |
| 702A | 2-bed | 1,500 sqft | No registered sale | ||
| 702B | Studio | 443 sqft | AED 740KAED 740,000 · Nov 2024November 2024 | 60,000 /yr | |
| 709A | 1-bed | 821 sqft | AED 1.07MAED 1,067,248 · Dec 2020December 2020 | 68,000 /yr | |
| 711A | Studio | 529 sqft | AED 688KAED 688,181 · Nov 2020November 2020 | 65,000 /yr | |
| 711B | 1-bed | 823 sqft | AED 1.1MAED 1,100,000 · Sep 2026September 2026 | 90,243 /yr | |
| 720A | Studio | 446 sqft | AED 257KAED 257,407 · Aug 2022August 2022 | 62,000 /yr | |
| 720B | 1-bed | 918 sqft | AED 1.29MAED 1,288,034 · Sep 2022September 2022 | 73,000 /yr |
709B, AG Tower Business Bay in numbers
- Sold once: by Arabian Gulf Properties on 20 July 2022 for AED 280,954, or AED 575 per sqft.
- Rented since August 2022 on 4 Ejari contracts, from AED 42,000 to AED 58,000 a year.
- At AED 58,000 a year the gross yield on the 2022 price is 20.6%, before a service charge of about AED 6,200 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 1,428 per sqft.
Source: Dubai Land Department. Updated 1 October 2024.
Questions about 709B, AG Tower Business Bay
What did unit 709B last sell for?
AED 280,954 on 20 July 2022, sold by the developer: AED 575 per sqft for 488 sqft. It is the only registered sale of the unit.
What is the rent for unit 709B?
AED 58,000 a year on the contract renewed on 1 October 2024. The previous contract, from October 2023, was AED 58,000; the unit has been rented since August 2022.
How big is unit 709B?
488 sqft (45.3 sqm): a studio on the 7th floor of a 27-storey tower completed in 2021.
What is unit 709B 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 1,586 per sqft.
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Mortgage on 709B, AG Tower Business Bay
Starts from the last sale price (AED 281K, 20 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 280,954
- Deposit, UAE resident (20%)
- AED 56,191
- Deposit, non-resident (40%)
- AED 112,382
- Monthly over 25 years at 3.7%
- AED 1,149
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →