Business Bay · Ready · 37% of recent sales are 1-bedrooms
1-bedrooms resell for about AED 1.82M and rent for AED 110k a year.
At a glance
From 25 resales in the last 12 months.
From 20 new leases in the last 3 months.
Less than 1-bedrooms across Business Bay, at 6.3%.
About as many resales as the typical similar building.
What brings you here?
AED 1.2M
That's the typical price. 9 of the 15 studios resold here in the last year went for AED 1.14M to AED 1.3M. 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 1.14M
5 of the 15 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 1.2M, and renting a studio here for AED 74k a year.
The mortgage is AED 831 a month less than renting.
Before service charges and any change in price.
AED 324k
Over 5 years, buying costs about AED 287k in fees and interest. Renting costs about AED 370k.
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.
6.2%
A year's rent, about AED 74k, 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 9 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 815. Dots well above the line sold for more than their size explains, so ask what made them worth it.
AED 400k less
Studios at AG Tower cost AED 800k and rent for AED 58k. That's a 7.3% return, against 6.2% here. Below: 5 cheaper buildings that earn more.
AED 1.82M
That's the typical price. 13 of the 25 1-bedrooms resold here in the last year went for AED 1.7M to AED 1.92M. 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 1.7M
9 of the 25 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 1.82M, and renting a 1-bedroom here for AED 110k a year.
The mortgage is AED 1,074 a month less than renting.
Before service charges and any change in price.
AED 487k
Over 5 years, buying costs about AED 432k in fees and interest. Renting costs about AED 550k.
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.
6.0%
A year's rent, about AED 110k, 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 9 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 1,360. Dots well above the line sold for more than their size explains, so ask what made them worth it.
AED 630k less
1-bedrooms at AG Tower cost AED 1.19M and rent for AED 81k. That's a 6.8% return, against 6.0% here. Below: 5 cheaper buildings that earn more.
AED 2.63M
That's the typical price. 12 of the 21 2-bedrooms resold here in the last year went for AED 2.4M to AED 3.05M. 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 2.4M
6 of the 21 2-bedrooms resold here in the last year went for this or less. Start here and leave room to move.
Based on the typical 2-bedroom here at AED 2.63M, and renting a 2-bedroom here for AED 166k a year.
The mortgage is AED 2,138 a month less than renting.
Before service charges and any change in price.
AED 700k
Over 5 years, buying costs about AED 620k in fees and interest. Renting costs about AED 830k.
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 166k, as a share of the price, before service charges. 2-bedrooms across Business Bay earn 5.7%.
2 a month
That's how often a 2-bedroom resells here. The building has about as many resales as the typical similar building nearby.
No clear move
Only 9 resales in the building in the last 3 months, too few to call a direction.
Each dot is a 2-bedroom sale here. The line is the going rate: every extra sq ft adds about AED 1,479. Dots well above the line sold for more than their size explains, so ask what made them worth it.
AED 300k less
2-bedrooms at Urban Oasis cost AED 2.33M and rent for AED 190k. That's an 8.2% return, against 6.3% here. Below: 2 cheaper buildings that earn more.
Not enough deals yet
Only 5 sold here in the last year, too few for a fair range. Across Business Bay, a 3-bedroom resells for about AED 3.4M.
AED 74k a year
That's the typical new studio rent here. Of the 22 new leases in the last 3 months, 13 signed for AED 70k to AED 75k. Enter your quote to check it.
Each dot is a real new lease here in the last 3 months.
2 a week
That's how often a new studio lease is signed here, from 22 new leases in the last 3 months.
16 years
of rent at AED 74k equals the typical studio price, AED 1.2M, before fees and service charges.
You'd pay about AED 74k 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 324kthen AED 5,336 a month
Owning would cost you AED 831 a month less than renting, before service charges, once you've put down AED 324k.
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.
11 buildings
nearby sign new studio leases under AED 74k. Here's the typical rent at each building over the last 3 months.
AED 110k a year
That's the typical new 1-bedroom rent here. Of the 20 new leases in the last 3 months, 11 signed for AED 100k to AED 119k. Enter your quote to check it.
Each dot is a real new lease here in the last 3 months.
No clear move
Only 20 new 1-bedroom leases in the last 3 months, too few to call a direction.
2 a week
That's how often a new 1-bedroom lease is signed here, from 20 new leases in the last 3 months.
17 years
of rent at AED 110k equals the typical 1-bedroom price, AED 1.82M, before fees and service charges.
You'd pay about AED 110k 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 487kthen AED 8,093 a month
Owning would cost you AED 1,074 a month less than renting, before service charges, once you've put down AED 487k.
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.
15 buildings
nearby sign new 1-bedroom leases under AED 110k. Here's the typical rent at each building over the last 3 months.
AED 166k a year
That's the typical new 2-bedroom rent here. Of the 19 new leases in the last 3 months, 9 signed for AED 143k to AED 211k. Enter your quote to check it.
Each dot is a real new lease here in the last 3 months.
1 a week
That's how often a new 2-bedroom lease is signed here, from 19 new leases in the last 3 months.
16 years
of rent at AED 166k equals the typical 2-bedroom price, AED 2.63M, before fees and service charges.
You'd pay about AED 166k a year to rent a 2-bedroom here. Here's what owning a 2-bedroom here would cost each month, and the cash you'd need first.
AED 700kthen AED 11,695 a month
Owning would cost you AED 2,138 a month less than renting, before service charges, once you've put down AED 700k.
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 buildings
nearby sign new 2-bedroom leases under AED 166k. Here's the typical rent at each building over the last 3 months.
Not enough deals yet
No new leases here in the last 3 months. Across Business Bay, a new 3-bedroom lease is about AED 180k a year.
Move the slider to your size.
AED 1.2M
Apartments this size here usually sell for AED 1.11M to AED 1.24M.
AED 74k
That's the typical new studio rent here. 5 of the 22 new leases paid over AED 75k. Ask more if yours is high up or upgraded.
Start from the typical studio price here, AED 1.2M. Enter what's left on your mortgage to see what reaches your account.
AED 1.2M
Your developer also charges for the no-objection certificate, often AED 500 to 5,000.
No clear move
Only 9 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:
6.2%
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 1.82M
Apartments this size here usually sell for AED 1.65M to AED 1.92M.
AED 110k
That's the typical new 1-bedroom rent here. 5 of the 20 new leases paid over AED 119k. Ask more if yours is high up or upgraded.
Start from the typical 1-bedroom price here, AED 1.82M. Enter what's left on your mortgage to see what reaches your account.
AED 1.82M
Your developer also charges for the no-objection certificate, often AED 500 to 5,000.
No clear move
Only 9 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:
6.0%
That's a year's rent against today's price, before costs. 1-bedrooms across Business Bay earn 6.3%.
Move the slider to your size.
AED 2.63M
Apartments this size here usually sell for AED 2.41M to AED 2.97M.
AED 166k
That's the typical new 2-bedroom rent here. 5 of the 19 new leases paid over AED 211k. Ask more if yours is high up or upgraded.
Start from the typical 2-bedroom price here, AED 2.63M. Enter what's left on your mortgage to see what reaches your account.
AED 2.63M
Your developer also charges for the no-objection certificate, often AED 500 to 5,000.
No clear move
Only 9 resales in the building in the last 3 months, too few to call a direction.
2 a month
2-bedrooms resell here at about this pace. The latest 3:
6.3%
That's a year's rent against today's price, before costs. 2-bedrooms across Business Bay earn 5.7%.
Not enough deals yet
Only 5 sold here in the last year, too few for a fair range. Across Business Bay, a 3-bedroom resells for about AED 3.4M.
8 of the 18 others
in Business Bay earn a higher return than Peninsula One. Across the building as a whole it costs AED 2,715 per sq ft and earns 6.3%. The typical building in Business Bay costs AED 1,875 per sq ft and earns 6.2%.
Each month's price per sq ft, from resales. Across Business Bay, prices are down 8% on a year ago.
Here are other buildings nearby and what a 3-bedroom costs in each.
Quick answers, from the same deals as the rest of this page.
About AED 1.82M on resale; 13 of 25 sold for AED 1.7M to AED 1.92M.
About AED 110k a year on a new lease.
About 6.0% gross on a 1-bedroom, before service charges.
About the same as the typical similar building: 66 resales in 12 months.