What is the registered annual rent for a studio in Ag Tower?

The median new annual rent is AED 60,000, from 105 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.

Have registered rents in Ag Tower risen or fallen?

The median new annual rent changed -4.8% in the trailing 12 months against the previous 12, using 105 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.

Do new tenants in Ag Tower pay more than sitting ones?

A new tenant pays -4.0% against a renewing one, across 70 renewal contracts in the last 12 months. This compares different new and renewal contract groups, not the same tenancy before and after a move. It is not a permitted rent increase or a guaranteed gain.

How many apartments change hands in Ag Tower?

22 sales were registered with the Dubai Land Department in the last 12 months, alongside 105 Ejari rental contracts. Every median on this page rests on those counts.

Which metro station is closest to Ag Tower?

Business Bay Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Dubai Mall.

Ejari leases to 12 Oct 2026

Ag Tower rents

182 new leases and 131 renewals in 12 months
576 units
Business Bay
near Business Bay Metro Station

A studio here leases for about AED 60,000 a year, 13% below the typical Business Bay studio. Renewing tenants pay more than new ones: AED 62,500.

Studio · typical new lease

60,000AEDa year

AED 117/sqft · -4.8% on a year

A month, roughly: AED 5,000
Renewal: AED 62,500
vs Business Bay studio: 13% below the median
New leases, 12 months: 105

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Buying instead? Ag Tower sale prices →

What should a lease in Ag Tower cost?A studio leases for about AED 60,000 a year; renewing tenants pay 4.2% more than new ones

Type	New lease	vs Business Bay	Leases
Studiomost leased	60,000117/sqft	62,50070 renewals	13% lesstypical 69,000	105
1 bed	82,00090/sqft	83,00033 renewals	15% lesstypical 96,500	60
2 bed	120,00079/sqft	109,57412 renewals	14% lesstypical 140,000	12
3 bed	140,00070/sqft	122,00016 renewals	30% lesstypical 200,000	5

Median annual rent, AED a year, on Ejari leases starting in the 12 months to 12 Oct 2026. Renewal is blank where too few were registered; “typical” is the Business Bay median for the type.

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Rent history and contracts

Every contract registered with Ejari — data to 2026-10-12.

A studio here now costs 4.8% less than a year earlier: AED 60,000 against 63,000.

Median annual rent, Studio, as a rolling 3-month median. The band along the bottom is the number of records each month.

Start	Type	Sqft	Annual rent	Contract
12 Oct 2026	1 bed	884	AED 75,000	85	New
10 Oct 2026	1 bed	918	AED 85,000	93	New
10 Oct 2026	Studio	529	AED 55,000	104	New
10 Oct 2026	Studio	518	AED 50,000	97	New
10 Oct 2026	1 bed	1,191	AED 85,000	71	New
10 Oct 2026	1 bed	918	AED 90,000	98	Renewal
9 Oct 2026	Studio	529	AED 60,000	113	New
5 Oct 2026	Studio	446	AED 58,000	130	New
2 Oct 2026	Studio	567	AED 60,000	106	New
1 Oct 2026	2 bed	1,484	AED 107,000	72	New

Showing the 60 most recent of 313 contracts starting on or after 12 Oct 2025.

About Ag TowerA 30-floor tower in Business Bay, a 9-minute drive from DIFC

Ag Tower is an apartment building completed in 2021 by Arabian Gulf in Business Bay. 313 yearly leases, new and renewed, were registered with Ejari in the last 12 months.

Pinned from Google's place record for the registered name.Open in Google Maps

The building, as registered

Service charge: Paid by the landlord · AED 12.02/sqft a year
Floors: 30
Lifts: 8
Parking bays: 738
Pools: 1
Master developer: Arabian Gulf

Drive times · typical

Downtown: 12 min · 6.8 km
DXB Airport: 16 min · 15 km
DIFC: 9 min · 10 km
Dubai Marina: 18 min · 20 km
Palm Jumeirah: 24 min · 25 km

Nearest, as registered

Metro: Business Bay Metro Station
Mall: Dubai Mall
Landmark: Downtown Dubai

Letting a unit in Ag Tower?54% of units here signed a yearly lease in 12 months, above the Business Bay median; new tenants pay less than renewing ones

Units on a yearly lease: 54%Fair; Business Bay median 41%; top tenth from 69%
New tenant vs renewal: -2.8%; New leases AED 70,000, renewals 72,000, all types
Short-let instead, studio: AED 356; a night on Airbnb; nets 1.1× the yearly rent at 70% occupancy, after fees, cleaning and utilities

Ejari leases to 12 Oct 2026 · Airbnb asking rates for the next 12 months; occupancy is an assumption, not a measurement

Thinking of selling? Ag Tower sale prices →

Comparables in Business Bay

Every Business Bay building with a page, ranked by annual rent per sqft over the same 12 months, all unit types. Ag Tower places 74th of 100; the nearest 8 are shown.

Highest rental yields in Business Bay →

Rank	Building	Median rent	12-month change	Contracts
70	Millennium Binghatti Residences Business Bay	AED 89,000	105+1.4%	+3.3%	104
71	Mayfair Tower	AED 68,000	105+1.3%	-2.9%	75
72	Mayfair Residency	AED 69,000	105+1.1%	-4.8%	70
73	Royal Regency	AED 105,000	104+0.4%	—	80
74	Ag Tower · this building	AED 70,000	104	0.0%	182
75	Chic Tower	AED 160,000	103-1.0%	—	3
76	Ontario Tower	AED 78,000	102-1.5%	+3.4%	81
77	Hamilton Residency	AED 70,000	102-2.1%	-6.7%	57
78	Elite Business Bay Residence	AED 63,000	102-2.2%	0.0%	266

Rank 1 is the dearest per square foot. Differences are against Ag Tower.

At studio, Ag Tower ranks 43rd of 57 by rent per square foot and 7th of 47 by gross yield in Business Bay.

Market context in Business Bay

Registered sales activity

2,705 ready apartment sales in the 12 months to 2026-10-12.

+5.4% in median AED/sqft versus the preceding year, supported by 2,705 current and 3,581 prior price observations.

Explore sales activity

Planned apartment projects

10,312 known registered units across 12 pending projects planned within one year of the 2026-07-06 register.

10 projects had already passed their planned date; 6 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

11,591 apartments are planned in Business Bay from 2026 to 2028, equal to 64% of the 18,176 homes let there today.

Ready prices per sqft fell in 50% of 131 buildings (counted once per bedroom type) in Business Bay with sales in both years; the typical one moved −0.1%.

The pooled median moved +5.4%: 5.5 points more than the typical building, because different buildings traded in each year.

New-lease rents fell in 79% of 124 buildings (counted once per bedroom type) with leases in both years; the typical one moved −5.6%.

How these are counted

Find service-charge budget evidence for Ag Tower

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

Nearby in Business Bay

Every building in Business Bay →

Prices per sq ft around Ag Tower, on the map

Pills show median annual rent, AED. 85 buildings pinned from Google place records and Apple geocoding · Ag Tower is the inverted pinOpen in Apple Maps

Peninsula Three

Business Bay · 441 contracts, 12 months

100,000

AED a year median · 162/sqft

Prive by DAMAC (B)

Business Bay · 438 contracts, 12 months

75,000

AED a year median · 147/sqft

Prive by DAMAC (A)

Business Bay · 438 contracts, 12 months

75,000

AED a year median · 147/sqft

Amna Tower

Business Bay · 406 contracts, 12 months

135,000

AED a year median · 106/sqft

Ask about Ag Tower

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Common questions

What is the registered annual rent for a studio in Ag Tower?: The median new annual rent is AED 60,000, from 105 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.
Have registered rents in Ag Tower risen or fallen?: The median new annual rent changed -4.8% in the trailing 12 months against the previous 12, using 105 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
Do new tenants in Ag Tower pay more than sitting ones?: A new tenant pays -4.0% against a renewing one, across 70 renewal contracts in the last 12 months. This compares different new and renewal contract groups, not the same tenancy before and after a move. It is not a permitted rent increase or a guaranteed gain.
How many apartments change hands in Ag Tower?: 22 sales were registered with the Dubai Land Department in the last 12 months, alongside 105 Ejari rental contracts. Every median on this page rests on those counts.
Which metro station is closest to Ag Tower?: Business Bay Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Dubai Mall.

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Ag Tower rental record

Record type: Building-level property market record
Data date: 2026-10-12 · refreshed 2026-10-14
Evidence base: 105 registered rental contracts in the last 12 months for the default unit type
Sources: Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
Canonical record: /rent/apartments/dubai/business-bay/ag-tower
Method: Definitions and calculations

Cite as: Dubai Wealth Index. “Ag Tower rents and yield.” Business Bay, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/business-bay/ag-tower

Stable dataJSON