PropertyIndex

Ag Tower

Completed · Q2 2020|596 units · 1 tower

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Ag Tower is a completed apartment development by ARABIAN GULF PROPERTIES in Business Bay, comprising 596 registered units. 617 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,550 per sqft. At AED 1,550 per sqft, Ag Tower prices 36% below the Business Bay average of AED 2,432 per sqft on registered sales.

PIX© price · 1.2% YoY
1.16MAED
Typical
1,550AED
PSF
Gross yield
6.6%
PIX© rent ÷ PIX© price
Sale records
617
DLD · all time
Rent contracts
1,434
Ejari · all time
Ag Tower

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
307 – 3,849 sqft
5961.16M1,5501.2%77K6.6%
Residential
Studio · Apartment
442 – 994 sqft
312
1 Bed · Apartment
811 – 1,615 sqft
192
2 Bed · Apartment
1,484 – 1,648 sqft
48
3 Bed · Apartment
2,075 – 3,270 sqft
23
4 Bed · Apartment
3,849 sqft
1
Commercial
Shop
1,131 – 3,837 sqft
14
Store
307 – 661 sqft
6
Sales — Project-Wide617 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Floor Analysis
last 24 months
Median PSF · 87 sales
Floors 4-17 · 44 sales
Floors 18-26 · 43 sales
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
13 Aug 20263 BedFloor 192,0753,000,0001,446+50.0%StandardStandard Sale
12 Aug 20261 BedFloor 218961,180,0001,317-7.0%StandardStandard Sale
12 Aug 2026StudioFloor 9443765,0001,725+2.0%PremiumStandard Sale
Rentals — Project-Wide1,434 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 593 rentals
Floors 4-18 · 405 rentals
Floors 19-26 · 188 rentals
Latest contracts
Start DateUnitSizeRent / YrRent PSFvs Prior RentTierType
24 Jun 20282,693374,850139Standardrenewal
29 Jul 2027Studio55555,902101Standardrenewal
24 Jun 20272,693357,000133Standardrenewal

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Business Bay

The closest-priced registered projects in Business Bay.

Common questions about Ag Tower

Answered from Dubai Land Department registered transactions.

How much does a property in Ag Tower cost?

Property in Ag Tower sells at a current PIX© price of AED 1,550 per sqft, or about AED 1,164,602 for a typical unit, based on 617 sales registered with the Dubai Land Department.

Is Ag Tower completed?

Yes. Ag Tower is recorded as completed in the Dubai Land Department project register (completed q2 2020).

Who is the developer of Ag Tower?

Ag Tower is developed by ARABIAN GULF PROPERTIES, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Ag Tower?

Ag Tower yields 6.6% gross, calculated from current PIX© rent against current PIX© sale price, across 1,434 registered Ejari contracts.

How many units are in Ag Tower?

Ag Tower holds 596 registered units, per the Dubai Land Department unit register.

Have prices in Ag Tower gone up or down?

Price per sqft has risen +1.2% over the last 12 months, to AED 1,550, across 617 registered sales.