Project · #2030 by 12M value
AG Tower Business Bay
Market bulletin · Thu, 22 Oct 2026
AG Tower Business Bay: 5 sales worth AED 5.28M in 30 days
AG Tower Business Bay recorded 5 sales worth AED 5.28M in the 30 days to Thu, 22 Oct 2026, up 150.0% on the previous 30 days. Over the last week 0 sales were registered (AED 0), against 0 the week before.
The median sale over the last three months was AED 1.10M, or AED 1,330/sqft.
By market over 12 months: secondary (ready) sales 100%.
In Business Bay, AG Tower Business Bay ranked #11 of 11 leading projects by 12-month sales value; it is developed by AG Properties - Arabian Gulf Properties.
Leases registered in the last three months had a median annual rent of AED 65K. The best gross yield is on Studio apartments at about 7.5%.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | AED 1,307 |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | AED 1,558 |
| Aug 25 | — |
| Jul 25 | AED 1,340 |
| Jun 25 | AED 1,519 |
| May 25 | AED 1,417 |
| Apr 25 | AED 1,508 |
| Mar 25 | AED 1,515 |
| Feb 25 | — |
| Jan 25 | — |
| Dec 24 | AED 1,442 |
| Nov 24 | AED 1,414 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 1 |
| Sept 26 | 0 | 0 | 6 |
| Aug 26 | 0 | 0 | 2 |
| Jul 26 | 0 | 0 | 1 |
| Jun 26 | 0 | 0 | 2 |
| May 26 | 0 | 0 | 1 |
| Apr 26 | 0 | 0 | 2 |
| Mar 26 | 0 | 0 | 1 |
| Feb 26 | 0 | 0 | 1 |
| Jan 26 | 0 | 0 | 3 |
| Dec 25 | 0 | 0 | 2 |
| Nov 25 | 0 | 0 | 3 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 5 | up 150.0% | AED 5.28M | 1,330 | — |
| Last 3 months | 9 | up 125.0% | AED 9.47M | 1,330 | — |
| Last 6 months | 13 | up 8.3% | AED 12.7M | 1,535 | up 17.4% |
| Last 12 months | 25 | down 60.3% | AED 26.8M | 1,363 | down 7.0% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Secondary (ready) | 25 | 100% | AED 925K | 1,363 | down 7.0% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 13 | 52% | AED 800K | 1,672 | up 1.9% |
| 1 bedroom | 9 | 36% | AED 1.18M | 1,284 | down 3.5% |
| 2 bedrooms | 2 | 8% | — | — | — |
| 3 bedrooms | 1 | 4% | — | — | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 24 | 96% | AED 901K | 1,398 | down 6.4% |
| AED 2M–10M | 1 | 4% | — | — | — |
Rents & yields
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | AED 60K |
| Sept 26 | AED 65K |
| Aug 26 | AED 66K |
| Jul 26 | AED 75K |
| Jun 26 | AED 69K |
| May 26 | AED 64K |
| Apr 26 | AED 74K |
| Mar 26 | AED 68K |
| Feb 26 | AED 70K |
| Jan 26 | AED 75K |
| Dec 25 | AED 72K |
| Nov 25 | AED 72K |
| Oct 25 | AED 70K |
| Sept 25 | AED 75K |
| Aug 25 | AED 67K |
| Jul 25 | AED 70K |
| Jun 25 | AED 75K |
| May 25 | AED 65K |
| Apr 25 | AED 72K |
| Mar 25 | AED 75K |
| Feb 25 | AED 75K |
| Jan 25 | AED 70K |
| Dec 24 | AED 72K |
| Nov 24 | AED 78K |
- Leases (12M)
- 357
- New leases
- 57.1%
- Median rent 3M
- AED 65K
- Rent/sqft 3M
- AED 102
| Studio apartments | AED 60K / AED 800K | 7.5% |
|---|---|---|
| 1 BR apartments | AED 82K / AED 1.18M | 6.9% |
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| Studio | 163 | AED 60K | AED 61K | 119 |
| 1 BR | 83 | AED 82K | AED 85K | 91 |
| 2 BR | 19 | AED 112K | — | 75 |
| 3 BR | 13 | AED 145K | — | 70 |
Competing projects in Business Bay
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Bugatti ResidencesBinghatti | 26 | 5,436 | — |
| DWTN Residences - Downtown ResidencesDeyaar Development | 294 | 2,773 | — |
| Al Habtoor TowerAl Habtoor Group | 177 | 2,661 | — |
| One by BinghattiBinghatti | 172 | 2,205 | up 2.7% |
| Tiger Sky TowerTiger Properties - Tiger Real Estate | 156 | 2,350 | — |
| Volante 2Xtreme Vision | 12 | 3,491 | — |
| Burj Binghatti by Jacob & CoBinghatti | 27 | 3,523 | — |
| Avarra - Business Bay Palace ResidencesEmaar Properties | 59 | 3,460 | — |
| One River PointEllington Properties Development | 79 | 2,714 | — |
| Bayz 102 By DanubeDanube Properties | 93 | 2,955 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 1.40M | 1 BR Apartment · 1,191 sqftAG Tower Business Bay · Business Bay | 24 Sept |
| AED 1.22M | 1 BR Apartment · 918 sqftAG Tower Business Bay · Business Bay | 25 Sept |
| AED 1.18M | 1 BR Apartment · 896 sqftAG Tower Business Bay · Business Bay | 12 Aug |
| AED 1.15M | 1 BR Apartment · 896 sqftAG Tower Business Bay · Business Bay | 4 Sept |
| AED 1.10M | 1 BR Apartment · 823 sqftAG Tower Business Bay · Business Bay | 16 Sept |
| AED 1.10M | 1 BR Apartment · 867 sqftAG Tower Business Bay · Business Bay | 25 Sept |
Questions about AG Tower Business Bay
What is the average price per sqft in AG Tower Business Bay?
The median sale price in AG Tower Business Bay over the last three months was AED 1,330 per sqft (median sale AED 1.10M), based on 9 sales registered with Dubai Land Department.
How many properties were sold in AG Tower Business Bay in the last year?
25 sales worth AED 26.8M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.
What is the average rent in AG Tower Business Bay?
The median annual rent on leases registered in the last three months was AED 65K, and the best gross rental yield is about 7.5%.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
BT AI Market Desk
Get every brief in your inbox
Create a free BT AI account to receive the daily, weekly and monthly reports by email, and search every Dubai Land Department sale and rental behind them.