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Studio · 488 sqftAG Tower Business Bay, Business Bay · 8th floor · completed 2021

809B, AG Tower Business Bay

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

Unit 809B · DLD and Ejari recordsUpdated 29 September 2023
Last soldAED 281K10 August 2022
Current rentAED 47K /yr29 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 809B, AG Tower Business Bay

What is 809B worth today?

Last sold for AED 280,954 in 2022

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29 Sep 2023RentedRenewal
AED 47,250/yr12 months · AED 98 per sqft
29 Sep 2022RentedNew contract
AED 45,000/yr12 months · AED 93 per sqft
10 Aug 2022Sold by developerReady
AED 280,954AED 575 per sqft

Source: Dubai Land Department. Updated 29 September 2023.

Key facts

Type
Studio apartment
Size
488 sqft
Floor
8th of 27
Parking
P2-50
Developer
Arabian Gulf Properties
Completed
2021
Service charge
AED 6,200 /yr
Last sold
AED 281K · August 2022
Building
AG Tower Business Bay

About 809B, AG Tower Business Bay

809B is a studio of 488 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 10 August 2022 for AED 280,954, or AED 575 per sqft, 54% below the AED 1,247 studios in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 29 September 2023, is AED 47,250 a year: a gross yield of 16.8% on the 2022 price, before the service charge of about AED 6,200 a year.

Sales and rents for 809B over time

Sales
Unit 809B, each saleTypical studio in AG Tower Business Bay
250K500K750K2016201920222025Typical 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 2022: AED 280,954 (AED 575 per sqft)

809B has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 809B, 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 2022: AED 45,000 a yearRenewal, September 2023: AED 47,250 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 809B sits

All 312 studios →

809B last sold in August 2022 at AED 575 per sqft, 54% below what studios in AG Tower Business Bay were fetching at the time (AED 1,247). 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. 809B's AED 47,250 is at the bottom 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 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
8051-bedAED 1.23M · May 2017
806StudioAED 680K · Jun 2023
807StudioAED 265K · Jul 2022
8083-bedNo registered sale
1–7 of 23

809B, AG Tower Business Bay in numbers

  • Sold once: by Arabian Gulf Properties on 10 August 2022 for AED 280,954, or AED 575 per sqft.
  • Rented since September 2022 on 2 Ejari contracts, from AED 45,000 to AED 47,250 a year.
  • At AED 47,250 a year the gross yield on the 2022 price is 16.8%, 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 1,432 per sqft.

Source: Dubai Land Department. Updated 29 September 2023.

Questions about 809B, AG Tower Business Bay

What did unit 809B last sell for?

AED 280,954 on 10 August 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 809B?

AED 47,250 a year on the contract renewed on 29 September 2023. The previous contract, from September 2022, was AED 45,000.

How big is unit 809B?

488 sqft (45.3 sqm): a studio on the 8th floor of a 27-storey tower completed in 2021.

What is unit 809B 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 809B, AG Tower Business Bay

Starts from the last sale price (AED 281K, 10 August 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 →