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.
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
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:: 11045
Brokerage Firm: Taktical Realty Group LLC