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Ag Tower

A studio in Ag Tower costs a median AED 827,500, rents long-let for AED 63,000/yr (7.79% gross), and returns 9.61% short-let at the assumed 80% occupancy — +0.2 pts vs Business Bay's 7.62% and +0.8 pts vs Dubai's 6.97% — from 52 sales and 203 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · Studio
24 in 12 months
Rental contracts · Studio
96 in 12 months
Buy
827,500AED
AED 1,672/sqft
Long-let
7.79%
AED 63,000/yr
Short-let
9.61%
AED 356/night · 0.72/sqft

Price per sqft: Median of 7 registered sales of ready units in the last 6 months, most recent August 2026.

Priced off 4 sales in the last 3 months.

Yield spread
+0.2 pts
vs the Business Bay median for this unit type
Turnover upside
+2.5%
new tenants pay more than sitting ones — 116 renewals
AED/yr/sqft
AED 119
Sales
52
Rental contracts
203
Renewal rent
AED 61,450/yr
12 months
+3.6%
3 years
+16.9%+5.3%/yr
5 years
+15.2%+2.9%/yr

Based on 52 sales and 203 rental contracts in the last 24 months.

Ag Tower is an apartment building in Business Bay, Dubai. The closest metro station is Business Bay Metro Station, the nearest mall Dubai Mall and the nearest landmark Downtown Dubai. Land Department records for it run from 2016 to 2026, 1,256 registered sales in all — the 52 in the last 24 months are what every median above is computed from.

Yield by bedroom type

TypeMedian priceAED/sqftYield12moSales
StudioAED 827,50016667.79%
+0.2 pts
+3.6%52
1 bedAED 1.21M13637.08%
-0.1 pts
-4.2%19
2 bedAED 1.90M12596.32%
-0.3 pts
+3.5%8
3 bedAED 2.04M9827.35%
+0.5 pts
-3.6%6

Deltas compare each yield with the Business Bay median for the same unit type. How these yields are computed

How these yields are computed
Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Short-let rates around Ag Tower

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured
Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.
TypeNightly (AED)AED/night/sqftNet revenue at 80%Long-let rentUpliftShort-let yieldListings seen
Studio3560.72AED 79,506AED 63,0001.3×9.61%1+
1 bed6090.68AED 135,311AED 85,0001.6×11.14%5+
2 bed1,1680.77AED 262,878AED 120,0002.2×13.84%1+
3 bed500m1,2220.59AED 266,709AED 147,0001.8×13.09%4+

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts
Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because Ag Tower itself had too few listings of that type to measure.

Off-plan vs resale

Units sold off-plan in Ag Tower between 2016 and 2024 went for a median of AED 1,418/sqft (AED 805,392). The same building resells today at AED 1,507/sqft (AED 885,000) — an uplift of +9.9%.

Based on 382 off-plan sales across the building's full history.

Why this uses the full history
This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

38 resales in the last 12 months, against 45 a year on average over 2023–2025.

Sales

DateTypeSqftPriceAED/sqft
25 Aug 20261 bed896AED 1,200,0001,339
13 Aug 20263 bed2,075AED 3,000,0001,446
12 Aug 2026Studio443AED 765,0001,725
12 Aug 20261 bed896AED 1,180,0001,317
11 Aug 20261 bed1,191AED 2,050,0001,721
13 Jul 2026Studio469AED 780,0001,662
3 Jul 20262 bed1,519AED 1,975,0001,301
30 Jun 2026Studio524AED 876,0001,672
11 Jun 2026Studio545AED 837,0001,535

9 resales in the last 3 months.

Rental contracts

StartTypeSqftAnnual rentAED/sqftContract
29 Jul 2027Studio555AED 55,902101Renewal
25 Sept 2026Studio545AED 62,000114Renewal
23 Sept 2026Studio546AED 60,000110Renewal
20 Sept 2026Studio546AED 70,000128Renewal
27 Aug 2026Studio529AED 55,000104New
25 Aug 20261 bed821AED 70,00085New
25 Aug 20261 bed821AED 70,00085New
24 Aug 2026Studio472AED 70,000148New
23 Aug 2026Studio545AED 65,000119Renewal
21 Aug 20261 bed884AED 81,00092Renewal
20 Aug 2026Studio994AED 52,00052New
20 Aug 2026Studio567AED 66,000116Renewal
19 Aug 20262 bed1,500AED 100,00067New
19 Aug 2026Studio472AED 55,000116New
14 Aug 2026Studio545AED 60,000110New
12 Aug 2026Studio469AED 55,000117New
7 Aug 2026Studio555AED 65,000117Renewal
5 Aug 20261 bed884AED 72,00081New
5 Aug 20263 bed2,075AED 140,00067New
4 Aug 2026Studio545AED 55,000101New
1 Aug 2026Studio567AED 66,000116New
1 Aug 20261 bed1,615AED 75,00046New
1 Aug 20263 bed2,075AED 155,00075Renewal
1 Aug 2026Studio567AED 60,000106Renewal
1 Aug 20261 bed896AED 79,00088New
1 Aug 2026Studio488AED 60,000123New
1 Aug 2026Studio555AED 52,00094New
1 Aug 2026Studio567AED 63,000111Renewal
31 Jul 20261 bed867AED 75,00087New
31 Jul 20261 bed867AED 75,00087New
29 Jul 2026Studio555AED 55,902101New
22 Jul 20263 bed2,075AED 145,00070Renewal
20 Jul 2026Studio516AED 60,000116New
16 Jul 2026Studio546AED 62,000114Renewal
15 Jul 2026Studio546AED 63,000115New
15 Jul 20261 bed823AED 75,00091Renewal
12 Jul 2026Studio469AED 55,000117New
10 Jul 20261 bed918AED 75,00082New
10 Jul 20262 bed1,519AED 120,00079New
8 Jul 2026Studio469AED 65,000139New
7 Jul 20262 bed1,500AED 100,00067Renewal
6 Jul 20261 bed1,191AED 80,00067Renewal
6 Jul 2026Studio555AED 50,00090New
5 Jul 20261 bed1,191AED 79,00766New
5 Jul 2026Studio472AED 60,000127New
4 Jul 2026Studio516AED 58,697114Renewal
4 Jul 2026Studio524AED 54,996105Renewal
1 Jul 20261 bed1,191AED 78,71866Renewal
1 Jul 20261 bed1,191AED 87,00073New
1 Jul 20261 bed918AED 70,00076New
1 Jul 2026Studio567AED 55,00097Renewal
1 Jul 2026Studio443AED 65,000147New
26 Jun 20262 bed1,519AED 99,25065Renewal
25 Jun 2026Studio443AED 60,000135New
25 Jun 2026Studio567AED 50,00088Renewal
25 Jun 20261 bed823AED 70,00085New
25 Jun 20261 bed867AED 75,00087New
22 Jun 20262 bed1,519AED 109,14772Renewal
20 Jun 2026Studio567AED 57,000101New
15 Jun 2026Studio488AED 70,000143New

Showing the 60 most recent of 74 contracts starting on or after 26 May 2026.

Start dates after 26 Aug 2026 are contracts already filed for a later move-in. They count towards the rent medians above for the same reason they appear here.

As registered

The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.

Floors
30
Lifts
8
Parking bays
738
Swimming pools
1

Nearby

Metro
Business Bay Metro Station
Mall
Dubai Mall
Landmark
Downtown Dubai

Compare with nearby buildings

The most-traded buildings in Business Bay, on the same figures over the same window.

Common questions

What is the rental yield in Ag Tower?
Ag Tower returns 7.79% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 203 rental contracts registered in the last 24 months.
How much does a studio in Ag Tower cost?
The median registered sale price is AED 827,500 (1,666 AED/sqft), from 52 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Ag Tower selling for right now?
Registered sales of ready units in Ag Tower over the last 6 months have a median of 1,672 AED/sqft, across 7 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in Ag Tower risen or fallen?
Median price per square foot moved +3.6% over the last 12 months against the 12 before it, on 52 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Ag Tower compare with Business Bay?
Its 7.79% gross yield sits +0.2 pts against the Business Bay median of 7.62%, computed at the same bedroom grain over the same 24-month window.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26. Short-let rates are collected separately from public Airbnb search results.

Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

Ag Tower sale record

Record type
Building-level property market record
Data date
Evidence base
52 registered sales in the trailing 24 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
Canonical record
/sale/apartments/dubai/business-bay/ag-tower
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Ag Tower sale prices and yield.” Business Bay, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/business-bay/ag-tower.

Stable dataJSON

Where this data stops

Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.