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Studio · 545 sqftAG Tower Business Bay, Business Bay · 7th floor · completed 2021

712, AG Tower Business Bay

Sold prices and rental history: sold twice, last in June 2022, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 712 · DLD and Ejari recordsUpdated 4 April 2026
Last soldAED 680K30 June 2022
Current rentAED 60K /yr4 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 712, AG Tower Business Bay

What is 712 worth today?

Last sold for AED 680,000 in 2022

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4 Apr 2026RentedRenewal
AED 60,000/yr12 months · AED 111 per sqft
4 Apr 2025RentedNew contract
AED 60,000/yr12 months · AED 109 per sqft
30 Jun 2022SoldReady
AED 680,000AED 1,247 per sqft
27 Aug 2017Sold by developerOff-plan
AED 748,468AED 1,372 per sqft

Source: Dubai Land Department. Updated 4 April 2026.

Key facts

Type
Studio apartment
Size
545 sqft
Floor
7th of 27
Parking
P2-31
Developer
Arabian Gulf Properties
Completed
2021
Service charge
AED 6,900 /yr
Last sold
AED 680K · June 2022
Building
AG Tower Business Bay

About 712, AG Tower Business Bay

712 is a studio of 545 sqft on the 7th floor of AG Tower Business Bay, a 27-storey tower in Business Bay completed in 2021 by Arabian Gulf Properties. It last sold on 30 June 2022 for AED 680,000, or AED 1,247 per sqft, 14% below the AED 1,455 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 4 April 2026, is AED 60,000 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 712 over time

Sales
Unit 712, 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, August 2017: AED 748,468 (AED 1,372 per sqft)Sold, June 2022: AED 680,000 (AED 1,247 per sqft)

712 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 712, 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, April 2025: AED 60,000 a yearRenewal, April 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 712 sits

All 312 studios →

712 last sold in June 2022 at AED 1,247 per sqft, 14% below what studios in AG Tower Business Bay were fetching at the time (AED 1,455). 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. 712'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
704StudioAED 737K · Apr 2017
7051-bedAED 1.27M · May 2017
706StudioAED 735K · Sep 2016
707StudioAED 709K · Sep 2016
7083-bedNo registered sale
1–7 of 23

712, AG Tower Business Bay in numbers

  • Sold twice: first on 27 August 2017 for AED 748,468, last on 30 June 2022 for AED 680,000 (AED 1,247 per sqft).
  • Rented since April 2025 on 2 Ejari contracts, at AED 60,000 a year.
  • At AED 60,000 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 4 April 2026.

Questions about 712, AG Tower Business Bay

What did unit 712 last sell for?

AED 680,000 on 30 June 2022: AED 1,247 per sqft for 545 sqft. The unit has 2 registered sales; the first was AED 748,468 in August 2017.

What is the rent for unit 712?

AED 60,000 a year on the contract renewed on 4 April 2026. The previous contract, from April 2025, was AED 60,000.

How big is unit 712?

545 sqft (50.6 sqm): a studio on the 7th floor of a 27-storey tower completed in 2021.

What is unit 712 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 712, AG Tower Business Bay

Starts from the last sale price (AED 680K, 30 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 680,000
Deposit, UAE resident (20%)
AED 136,000
Deposit, non-resident (40%)
AED 272,000
Monthly over 25 years at 3.7%
AED 2,782

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