AG Tower - Business Bay  

AG Tower, Business Bay is a 23 storey residential building which will have 437 apartments (a mix of studio, 1, 2 and 3 bedroom units). The project was announced in May 2015. Units in the tower will have views of the Godolphin Stables, the Business Bay canal as well as community views. AG Tower is located adjascent to the Ubora Towers.

Master Community: Business Bay
Property Types Available: Apartments
Location: Sheikh Zayed Road
Status: Under Construction
Year Launched: 2015
Estimated Completion Date: March 2018
Developer: Arabian Gulf Properties
Title Type: Freehold
Quality Classification: High-end
Height Classification: Mid-rise
Life Cycle: Under Contruction
Under-Construction Apartments: 437
Floors: 24

Lookup.ae reports prices and transactional information for Business Bay

AG Tower Business Bay - Project Walkthrough

 Published on May 31 2015   192 Views

More than 400 sophisticated residences at AG Tower range from studios, to 1-, 2- & 3-bedroom apartments. Within each home is an expertly designed living space, varying in size and furnishings according to each buyer’s needs. All offer superior finishes, ultra-modern aesthetics and generous balconies that look out onto the city skyline.

AG Tower, Business Bay. One of the best buying opportunities in Dubai today.

Studio, 1 & 2 bedrooms. Competitive prices. 50% payable post completion.

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About AG Tower

AG Tower, Business Bay is a 23 storey residential building which will have 437 apartments (a mix of studio, 1, 2 and 3 bedroom units). The project was announced in May 2015. Units in the tower will have views of the Godolphin Stables, the Business Bay canal as well as community views. AG Tower is located adjascent to the Ubora Towers.

Location

AG Tower is located close next to Ubora Towers in Business Bay. Other developments within AG Tower include Damac XL Tower, O-14 and

Executive Bay. AG Tower is accessible from both Sheikh Zayed Road and Al Khail Road.

Property Types & launch prices

There are studio, 1 and 2 bedroom units available for sale.

Studios: two types of studios: 572 sq. ft. and 625 sq. ft. Prices from AED 700,000

1 Bedrooms: two types of one bedrooms; 872 sq. ft. and 1,211 sq. ft. Prices from AED 1.1 million.

2 Bedrooms: two types of two bedrooms; 1,370 sq. ft. and 1,656 sq. ft. Prices from AED 1.8 million

3 Bedrooms: prices from AED 2.2 million

Payment Plan

10% Down

5% Payable every 4 months (construction linked - 8 installments)

Remaining 50% is payable over 3 years following completion (installments of 5%)

Construction Updates (As of March 23, 2017)

- Shoring, piling, and excavation works complete

- Pile caps works and foundation in progress

Project Completion Status (as per DLD): 10.73% (as of May 10, 2017)

Dubai Land Classification & Escrow Account Details:

Land Number: 122

Project Number: 1656

Real Estate Developer: Arabian Gulf Properties

Trust Account Number: 010385285159001

Account Trustee Name: Abu Dhabi Commercial Bank

RERA Permit No : 15128

Brokerage Firm: Taktical Realty Group LLC

Positives of AG Tower

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