Business Bay · Ready and off-plan · 28% of recent sales are 2-bedrooms
2-bedrooms resell for about AED 2.24M and rent for AED 140k a year.
At a glance
From 12 resales in the last 12 months.
From 24 new leases in the last 3 months.
More than 2-bedrooms across Business Bay, at 5.7%.
Fewer resales than the typical similar building, so a sale may take longer.
What brings you here?
AED 1.14M
That's the typical price. 7 of the 15 studios resold here in the last year went for AED 1.06M to AED 1.24M. 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 1.06M
4 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 1.14M, and renting a studio here for AED 65k a year.
The mortgage is AED 348 a month less than renting.
Before service charges and any change in price.
AED 308k
Over 5 years, buying costs about AED 273k in fees and interest. Renting costs about AED 325k.
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.
5.7%
A year's rent, about AED 65k, 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 fewer resales than the typical similar building nearby.
No clear move
Only 23 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 3,248. Dots well above the line sold for more than their size explains, so ask what made them worth it.
AED 340k less
Studios at AG Tower cost AED 800k and rent for AED 58k. That's a 7.3% return, against 5.7% here. Below: 5 cheaper buildings that earn more.
AED 1.64M
That's the typical price. 6 of the 12 1-bedrooms resold here in the last year went for AED 1.51M to AED 1.68M. 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 1.51M
3 of the 12 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 1.64M, and renting a 1-bedroom here for AED 99k a year.
The mortgage is AED 957 a month less than renting.
Before service charges and any change in price.
AED 439k
Over 5 years, buying costs about AED 390k in fees and interest. Renting costs about AED 495k.
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 99k, as a share of the price, before service charges. 1-bedrooms across Business Bay earn 6.3%.
1 a month
That's how often a 1-bedroom resells here. The building has fewer resales than the typical similar building nearby.
No clear move
Only 23 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 915. Dots well above the line sold for more than their size explains, so ask what made them worth it.
AED 450k 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 2.24M
That's the typical price. 7 of the 12 2-bedrooms resold here in the last year went for AED 2.13M to AED 2.3M. 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 2.13M
3 of the 12 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 2.24M, and renting a 2-bedroom here for AED 140k a year.
The mortgage is AED 1,718 a month less than renting.
Before service charges and any change in price.
AED 597k
Over 5 years, buying costs about AED 529k in fees and interest. Renting costs about 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.
6.3%
A year's rent, about AED 140k, as a share of the price, before service charges. 2-bedrooms across Business Bay earn 5.7%.
1 a month
That's how often a 2-bedroom resells here. The building has fewer resales than the typical similar building nearby.
No clear move
Only 23 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 1,580. Dots well above the line sold for more than their size explains, so ask what made them worth it.
AED 140k less
2-bedrooms at Nobles cost AED 2.1M and rent for AED 135k. That's a 6.4% return, against 6.3% here. Below: 1 cheaper building that earns more.
AED 65k a year
That's the typical new studio rent here. Of the 56 new leases in the last 3 months, 29 signed for AED 61k to AED 75k. Enter your quote to check it.
Each dot is about 2 real new leases here in the last 3 months.
4 a week
That's how often a new studio lease is signed here, from 56 new leases in the last 3 months.
18 years
of rent at AED 65k equals the typical studio price, AED 1.14M, before fees and service charges.
You'd pay about AED 65k 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 308kthen AED 5,069 a month
Owning would cost you AED 348 a month less than renting, before service charges, once you've put down AED 308k.
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.
9 buildings
nearby sign new studio leases under AED 65k. Here's the typical rent at each building over the last 3 months.
AED 99k a year
That's the typical new 1-bedroom rent here. Of the 66 new leases in the last 3 months, 36 signed for AED 90k to AED 107k. Enter your quote to check it.
Each dot is about 2 real new leases here in the last 3 months.
5 a week
That's how often a new 1-bedroom lease is signed here, from 66 new leases in the last 3 months.
17 years
of rent at AED 99k equals the typical 1-bedroom price, AED 1.64M, before fees and service charges.
You'd pay about AED 99k 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 439kthen AED 7,293 a month
Owning would cost you AED 957 a month less than renting, before service charges, once you've put down AED 439k.
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.
12 buildings
nearby sign new 1-bedroom leases under AED 99k. Here's the typical rent at each building over the last 3 months.
AED 140k a year
That's the typical new 2-bedroom rent here. Of the 24 new leases in the last 3 months, 14 signed for AED 140k to AED 151k. Enter your quote to check it.
Each dot is a real new lease here in the last 3 months.
No clear move
Only 24 new 2-bedroom leases in the last 3 months, too few to call a direction.
2 a week
That's how often a new 2-bedroom lease is signed here, from 24 new leases in the last 3 months.
16 years
of rent at AED 140k equals the typical 2-bedroom price, AED 2.24M, before fees and service charges.
You'd pay about AED 140k 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 597kthen AED 9,949 a month
Owning would cost you AED 1,718 a month less than renting, before service charges, once you've put down AED 597k.
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.
3 buildings
nearby sign new 2-bedroom leases under AED 140k. Here's the typical rent at each building over the last 3 months.
Move the slider to your size.
AED 1.14M
Apartments this size here usually sell for AED 1.04M to AED 1.21M.
AED 65k
That's the typical new studio rent here. 13 of the 56 new leases paid over AED 75k. Ask more if yours is high up or upgraded.
Start from the typical studio price here, AED 1.14M. Enter what's left on your mortgage to see what reaches your account.
AED 1.14M
Your developer also charges for the no-objection certificate, often AED 500 to 5,000.
No clear move
Only 23 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:
5.7%
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 1.64M
Apartments this size here usually sell for AED 1.55M to AED 1.67M.
AED 99k
That's the typical new 1-bedroom rent here. 16 of the 66 new leases paid over AED 107k. Ask more if yours is high up or upgraded.
Start from the typical 1-bedroom price here, AED 1.64M. Enter what's left on your mortgage to see what reaches your account.
AED 1.64M
Your developer also charges for the no-objection certificate, often AED 500 to 5,000.
No clear move
Only 23 resales in the building in the last 3 months, too few to call a direction.
1 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 2.24M
Apartments this size here usually sell for AED 2.17M to AED 2.27M.
AED 140k
That's the typical new 2-bedroom rent here. 6 of the 24 new leases paid over AED 151k. Ask more if yours is high up or upgraded.
Start from the typical 2-bedroom price here, AED 2.24M. Enter what's left on your mortgage to see what reaches your account.
AED 2.24M
Your developer also charges for the no-objection certificate, often AED 500 to 5,000.
No clear move
Only 23 resales in the building in the last 3 months, too few to call a direction.
1 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%.
14 of the 18 others
in Business Bay earn a higher return than Peninsula Two. Across the building as a whole it costs AED 2,562 per sq ft and earns 6.0%. The typical building in Business Bay costs AED 1,875 per sq ft and earns 6.2%.
AED 2,562
per sq ft across 23 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 2.24M on resale; 7 of 12 sold for AED 2.13M to AED 2.3M.
About AED 140k a year on a new lease.
About 6.3% gross on a 2-bedroom, before service charges.
Slower than the typical similar building: 39 resales in 12 months.