1-bed · 896 sqftAG Tower Business Bay, Business Bay · 8th floor · completed 2021

805, AG Tower Business Bay

Sold prices and rental history: sold once, by the developer in May 2017, and rented once, from May 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 805 · DLD and Ejari recordsUpdated 17 May 2022
Last soldAED 1.23M31 May 2017
Current rentAED 67K /yr17 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 805, AG Tower Business Bay

What is 805 worth today?

Last sold for AED 1,231,469 in 2017

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17 May 2022RentedNew contract
AED 67,000/yr12 months · AED 75 per sqft
31 May 2017Sold by developerOff-plan
AED 1,231,469AED 1,374 per sqft

Source: Dubai Land Department. Updated 17 May 2022.

Key facts

Type
1-bed apartment
Size
896 sqft
Floor
8th of 27
Parking
P2-46
Developer
Arabian Gulf Properties
Completed
2021
Service charge
AED 11,300 /yr
Last sold
AED 1.23M · May 2017

About 805, AG Tower Business Bay

805 is a one-bedroom apartment of 896 sqft on the 8th 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 31 May 2017 for AED 1,231,469, or AED 1,374 per sqft, 3% below the AED 1,419 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 17 May 2022. The current contract, signed on 17 May 2022, is AED 67,000 a year: a gross yield of 5.4% on the 2017 price, before the service charge of about AED 11,300 a year.

Sales and rents for 805 over time

Sales
Unit 805, each saleTypical one-bed in AG Tower Business Bay
1.2M1.4M2016201920222025Typical sale price by year: 2016 AED 1,268,328; 2017 AED 1,263,555; 2019 AED 1,379,110; 2020 AED 1,291,176; 2021 AED 1,150,000; 2022 AED 1,254,160; 2023 AED 1,160,000; 2024 AED 1,212,500; 2025 AED 1,226,688; 2026 AED 1,200,000Sold by developer, May 2017: AED 1,231,469 (AED 1,374 per sqft)

805 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 805, each contractTypical one-bed in AG Tower Business Bay
60K80K2021202320252027Typical rent by year: 2021 AED 60,000; 2022 AED 65,000; 2023 AED 75,000; 2024 AED 85,000; 2025 AED 85,000; 2026 AED 80,000New contract, May 2022: AED 67,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in AG Tower Business Bay, and where 805 sits

All 192 1-beds →

805 last sold in May 2017 at AED 1,374 per sqft, 3% below what one-beds in AG Tower Business Bay were fetching at the time (AED 1,419). Over the last 12 months one-beds sold for AED 1,000,000 to 2,050,000, around AED 1,317 per sqft, and rent for AED 68,000 to 120,000 a year. 805's AED 67,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
25 Sep 20261,220,000
25 Sep 20261,100,000
24 Sep 20261,400,000
16 Sep 20261,100,000
11 1-bed 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 8th floor

All 576 units in AG Tower Business Bay
Value
8012-bedAED 1.91M · Nov 2020
8031-bedAED 1.31M · Feb 2020
804StudioAED 737K · May 2017
806StudioAED 680K · Jun 2023
807StudioAED 265K · Jul 2022
8083-bedNo registered sale
8101-bedAED 1.07M · Oct 2023
1–7 of 23

805, AG Tower Business Bay in numbers

  • Sold once: by Arabian Gulf Properties on 31 May 2017 for AED 1,231,469, or AED 1,374 per sqft.
  • Rented since May 2022 on one Ejari contract, at AED 67,000 a year.
  • At AED 67,000 a year the gross yield on the 2017 price is 5.4%, before a service charge of about AED 11,300 a year (AED 12.62 per sqft).
  • One-beds in AG Tower Business Bay sold for AED 1,000,000–2,050,000 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 17 May 2022.

Questions about 805, AG Tower Business Bay

What did unit 805 last sell for?

AED 1,231,469 on 31 May 2017, sold by the developer: AED 1,374 per sqft for 896 sqft. It is the only registered sale of the unit.

What is the rent for unit 805?

AED 67,000 a year on the contract signed on 17 May 2022.

How big is unit 805?

896 sqft (83.2 sqm): a one-bedroom apartment on the 8th floor of a 27-storey tower completed in 2021.

What is unit 805 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in AG Tower Business Bay sold for AED 1,000,000 to 2,050,000 in the last 12 months, around AED 1,317 per sqft.

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Mortgage on 805, AG Tower Business Bay

Starts from the last sale price (AED 1.23M, 31 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,231,469
Deposit, UAE resident (20%)
AED 246,294
Deposit, non-resident (40%)
AED 492,588
Monthly over 25 years at 3.7%
AED 5,038

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