Business Bay · Ready · 55% of recent sales are 1-bedrooms
1-bedrooms resell for about AED 1.67M and rent for AED 105k a year.
At a glance
From 26 resales in the last 12 months.
From 15 new leases in the last 3 months.
About the same as 1-bedrooms across Business Bay.
About as many resales as the typical similar building.
What brings you here?
AED 1.05M
That's the typical price. 5 of the 11 studios resold here in the last year went for AED 1M to AED 1.06M. Got an asking price? Enter it below to see how it compares.
Each dot is a real sale here in the last 12 months.
AED 1M
3 of the 11 studios resold here in the last year went for this or less. Start here and leave room to move.
Based on the typical studio here at AED 1.05M, and renting a studio here for AED 73k a year.
The mortgage is AED 1,414 a month less than renting.
Before service charges and any change in price.
AED 284k
Over 5 years, buying costs about AED 252k in fees and interest. Renting costs about AED 365k.
Fees: DLD transfer fee 4% plus AED 580; trustee fee AED 4,000 plus VAT; mortgage registration 0.25% of the loan plus AED 290; agency fee 2% plus VAT; bank valuation about AED 3,000. Up to 80% loan for a first home up to AED 5M. Your bank sets your rate.
7.0%
A year's rent, about AED 73k, as a share of the price, before service charges. Studios across Business Bay earn 6.1%.
1 a month
That's how often a studio resells here. The building has about as many resales as the typical similar building nearby.
No clear move
Only 15 resales in the building in the last 3 months, too few to call a direction.
Each dot is a studio sale here. The line is the going rate: every extra sq ft adds about AED 624. Dots well above the line sold for more than their size explains, so ask what made them worth it.
AED 250k less
Studios at AG Tower cost AED 800k and rent for AED 58k. That's a 7.3% return, against 7.0% here. Below: 1 cheaper building that earns more.
AED 1.67M
That's the typical price. 14 of the 26 1-bedrooms resold here in the last year went for AED 1.48M to AED 1.89M. Got an asking price? Enter it below to see how it compares.
Each dot is a real sale here in the last 12 months.
AED 1.48M
9 of the 26 1-bedrooms resold here in the last year went for this or less. Start here and leave room to move.
Based on the typical 1-bedroom here at AED 1.67M, and renting a 1-bedroom here for AED 105k a year.
The mortgage is AED 1,310 a month less than renting.
Before service charges and any change in price.
AED 448k
Over 5 years, buying costs about AED 397k in fees and interest. Renting costs about AED 525k.
Fees: DLD transfer fee 4% plus AED 580; trustee fee AED 4,000 plus VAT; mortgage registration 0.25% of the loan plus AED 290; agency fee 2% plus VAT; bank valuation about AED 3,000. Up to 80% loan for a first home up to AED 5M. Your bank sets your rate.
6.3%
A year's rent, about AED 105k, as a share of the price, before service charges. 1-bedrooms across Business Bay earn 6.3%.
2 a month
That's how often a 1-bedroom resells here. The building has about as many resales as the typical similar building nearby.
No clear move
Only 15 resales in the building in the last 3 months, too few to call a direction.
Each dot is a 1-bedroom sale here. The line is the going rate: every extra sq ft adds about AED 393. Dots well above the line sold for more than their size explains, so ask what made them worth it.
AED 480k less
1-bedrooms at AG Tower cost AED 1.19M and rent for AED 81k. That's a 6.8% return, against 6.3% here. Below: 3 cheaper buildings that earn more.
AED 73k a year
That's the typical new studio rent here. Of the 29 new leases in the last 3 months, 20 signed for AED 65k to AED 80k. Enter your quote to check it.
Each dot is a real new lease here in the last 3 months.
About the same
Renewing tenants pay about AED 72k, new tenants about AED 73k. Moving won't save you much here.
2 a week
That's how often a new studio lease is signed here, from 29 new leases in the last 3 months.
14 years
of rent at AED 73k equals the typical studio price, AED 1.05M, before fees and service charges.
You'd pay about AED 73k a year to rent a studio here. Here's what owning a studio here would cost each month, and the cash you'd need first.
AED 284kthen AED 4,669 a month
Owning would cost you AED 1,414 a month less than renting, before service charges, once you've put down AED 284k.
Fees: DLD transfer fee 4% plus AED 580; trustee fee AED 4,000 plus VAT; mortgage registration 0.25% of the loan plus AED 290; agency fee 2% plus VAT; bank valuation about AED 3,000. Up to 80% loan for a first home up to AED 5M. Your bank sets your rate.
10 buildings
nearby sign new studio leases under AED 73k. Here's the typical rent at each building over the last 3 months.
AED 105k a year
That's the typical new 1-bedroom rent here. Of the 15 new leases in the last 3 months, 8 signed for AED 100k to AED 118k. Enter your quote to check it.
Each dot is a real new lease here in the last 3 months.
No clear move
Only 15 new 1-bedroom leases in the last 3 months, too few to call a direction.
1 a week
That's how often a new 1-bedroom lease is signed here, from 15 new leases in the last 3 months.
16 years
of rent at AED 105k equals the typical 1-bedroom price, AED 1.67M, before fees and service charges.
You'd pay about AED 105k a year to rent a 1-bedroom here. Here's what owning a 1-bedroom here would cost each month, and the cash you'd need first.
AED 448kthen AED 7,440 a month
Owning would cost you AED 1,310 a month less than renting, before service charges, once you've put down AED 448k.
Fees: DLD transfer fee 4% plus AED 580; trustee fee AED 4,000 plus VAT; mortgage registration 0.25% of the loan plus AED 290; agency fee 2% plus VAT; bank valuation about AED 3,000. Up to 80% loan for a first home up to AED 5M. Your bank sets your rate.
14 buildings
nearby sign new 1-bedroom leases under AED 105k. Here's the typical rent at each building over the last 3 months.
Move the slider to your size.
AED 1.05M
Apartments this size here usually sell for AED 1.01M to AED 1.08M.
AED 73k
That's the typical new studio rent here. 3 of the 29 new leases paid over AED 80k. Ask more if yours is high up or upgraded.
Start from the typical studio price here, AED 1.05M. Enter what's left on your mortgage to see what reaches your account.
AED 1.05M
Your developer also charges for the no-objection certificate, often AED 500 to 5,000.
No clear move
Only 15 resales in the building in the last 3 months, too few to call a direction.
1 a month
Studios resell here at about this pace. The latest 3:
7.0%
That's a year's rent against today's price, before costs. Studios across Business Bay earn 6.1%.
Move the slider to your size.
AED 1.67M
Apartments this size here usually sell for AED 1.61M to AED 2.03M.
AED 105k
That's the typical new 1-bedroom rent here. 4 of the 15 new leases paid over AED 118k. Ask more if yours is high up or upgraded.
Start from the typical 1-bedroom price here, AED 1.67M. Enter what's left on your mortgage to see what reaches your account.
AED 1.67M
Your developer also charges for the no-objection certificate, often AED 500 to 5,000.
No clear move
Only 15 resales in the building in the last 3 months, too few to call a direction.
2 a month
1-bedrooms resell here at about this pace. The latest 3:
6.3%
That's a year's rent against today's price, before costs. 1-bedrooms across Business Bay earn 6.3%.
0 of the 18 others
in Business Bay earn a higher return than Bay Square. Across the building as a whole it costs AED 1,430 per sq ft and earns 7.4%. The typical building in Business Bay costs AED 1,875 per sq ft and earns 6.2%.
AED 1,198
per sq ft across 15 resales in the building in the last 3 months. Across Business Bay, prices are down 8% on a year ago.
Quick answers, from the same deals as the rest of this page.
About AED 1.67M on resale; 14 of 26 sold for AED 1.48M to AED 1.89M.
About AED 105k a year on a new lease.
About 6.3% gross on a 1-bedroom, before service charges.
About the same as the typical similar building: 38 resales in 12 months.