Studio · 516 sqftAG Tower Business Bay, Business Bay · 9th floor · completed 2021

916, AG Tower Business Bay

Sold prices and rental history: sold once, by the developer in June 2021, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 916 · DLD and Ejari recordsUpdated 4 December 2025
Last soldAED 760K27 June 2021
Current rentAED 70K /yr4 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 916, AG Tower Business Bay

What is 916 worth today?

Last sold for AED 760,000 in 2021

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4 Dec 2025RentedNew contract
AED 70,000/yr12 months · AED 135 per sqft
28 Oct 2024RentedRenewal
AED 60,500/yr12 months · AED 117 per sqft
28 Oct 2023RentedRenewal
AED 55,000/yr12 months · AED 106 per sqft
28 Oct 2022RentedNew contract
AED 48,000/yr12 months · AED 93 per sqft
27 Jun 2021Sold by developerOff-plan
AED 760,000AED 1,472 per sqft

Source: Dubai Land Department. Updated 4 December 2025.

Key facts

Type
Studio apartment
Size
516 sqft
Floor
9th of 27
Parking
P2-81
Developer
Arabian Gulf Properties
Completed
2021
Service charge
AED 6,500 /yr
Last sold
AED 760K · June 2021

About 916, AG Tower Business Bay

916 is a studio of 516 sqft on the 9th 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 27 June 2021 for AED 760,000, or AED 1,472 per sqft, in line with the AED 1,459 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 4 December 2025, is AED 70,000 a year: a gross yield of 9.2% on the 2021 price, before the service charge of about AED 6,500 a year.

Sales and rents for 916 over time

Sales
Unit 916, 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, June 2021: AED 760,000 (AED 1,472 per sqft)

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

Rents
Unit 916, each contractTypical studio in AG Tower Business Bay
40K60K2021202320252027Typical 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, October 2022: AED 48,000 a yearRenewal, October 2023: AED 55,000 a yearRenewal, October 2024: AED 60,500 a yearNew contract, December 2025: AED 70,000 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 916 sits

All 312 studios →

916 last sold in June 2021 at AED 1,472 per sqft, in line with what studios in AG Tower Business Bay were fetching at the time (AED 1,459). 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. 916's AED 70,000 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 9th floor

All 576 units in AG Tower Business Bay
Value
9012-bedNo registered sale
9031-bedAED 1.31M · Aug 2020
904StudioAED 800K · Oct 2026
9051-bedAED 1.27M · Oct 2016
906StudioAED 267K · Aug 2022
907StudioAED 885K · Aug 2025
9083-bedAED 2M · Jul 2025
1–7 of 23

916, AG Tower Business Bay in numbers

  • Sold once: by Arabian Gulf Properties on 27 June 2021 for AED 760,000, or AED 1,472 per sqft.
  • Rented since October 2022 on 4 Ejari contracts, from AED 48,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2021 price is 9.2%, before a service charge of about AED 6,500 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 December 2025.

Questions about 916, AG Tower Business Bay

What did unit 916 last sell for?

AED 760,000 on 27 June 2021, sold by the developer: AED 1,472 per sqft for 516 sqft. It is the only registered sale of the unit.

What is the rent for unit 916?

AED 70,000 a year on the contract signed on 4 December 2025. The previous contract, from October 2024, was AED 60,500; the unit has been rented since October 2022.

How big is unit 916?

516 sqft (47.9 sqm): a studio on the 9th floor of a 27-storey tower completed in 2021.

What is unit 916 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 916, AG Tower Business Bay

Starts from the last sale price (AED 760K, 27 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 760,000
Deposit, UAE resident (20%)
AED 152,000
Deposit, non-resident (40%)
AED 304,000
Monthly over 25 years at 3.7%
AED 3,109

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