Business Bay · Ready · 53% of recent sales are studios
Studios resell for about AED 1.24M.
Image: Binghatti
At a glance
From 18 resales in the last 12 months.
About as many resales as the typical similar building.
What brings you here?
AED 1.24M
That's the typical price. 9 of the 18 studios resold here in the last year went for AED 1.12M to AED 1.32M. 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 1.12M
5 of the 18 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 1.24M, and renting a studio in Business Bay for AED 60k a year.
The mortgage is AED 529 a month more than renting.
Before service charges and any change in price.
AED 335k
Over 5 years, buying costs about AED 297k in fees and interest. Renting costs about AED 300k.
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.
2 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 4 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 2,024. Dots well above the line sold for more than their size explains, so ask what made them worth it.
AED 440k less
Studios at AG Tower cost AED 800k and rent for AED 58k. That's a 7.3% return. Below: 5 cheaper buildings with a known rent.
Not enough deals yet
Only 6 sold here in the last year, too few for a fair range. Across Business Bay, a 1-bedroom resells for about AED 1.44M.
Not enough deals yet
Only 7 sold here in the last year, too few for a fair range. Across Business Bay, a 2-bedroom resells for about AED 2.27M.
Not enough deals yet
No new leases here in the last 3 months. Across Business Bay, a new studio lease is about AED 60k a year.
Here are other buildings nearby and what a studio rents for in each.
Not enough deals yet
No new leases here in the last 3 months. Across Business Bay, a new 1-bedroom lease is about AED 90k a year.
Here are other buildings nearby and what a 1-bedroom rents for in each.
Not enough deals yet
No new leases here in the last 3 months. Across Business Bay, a new 2-bedroom lease is about AED 129k a year.
Here are other buildings nearby and what a 2-bedroom rents for in each.
Move the slider to your size.
AED 1.24M
Apartments this size here usually sell for AED 1.1M to AED 1.31M.
Start from the typical studio price here, AED 1.24M. Enter what's left on your mortgage to see what reaches your account.
AED 1.24M
Your developer also charges for the no-objection certificate, often AED 500 to 5,000.
No clear move
Only 4 resales in the building in the last 3 months, too few to call a direction.
2 a month
Studios resell here at about this pace. The latest 3:
Each month's price per sq ft, from resales. Across Business Bay, prices are down 8% on a year ago.
Not enough deals yet
Only 6 sold here in the last year, too few for a fair range. Across Business Bay, a 1-bedroom resells for about AED 1.44M.
Not enough deals yet
Only 7 sold here in the last year, too few for a fair range. Across Business Bay, a 2-bedroom resells for about AED 2.27M.
Here are other buildings nearby and what a 1-bedroom costs in each.
Here are other buildings nearby and what a 2-bedroom costs in each.
Quick answers, from the same deals as the rest of this page.
About AED 1.24M on resale; 9 of 18 sold for AED 1.12M to AED 1.32M.
About the same as the typical similar building: 31 resales in 12 months.