BuildingBusiness Bay · Bando Engineering & Construction Co · 2011

U-Bora Tower 1 (Residential)

One-beds to three-beds in Business Bay. 16 apartments sold in the last 12 months; every sale, rent and unit is below.

Last 12 monthsUpdated 6 November 2026
Typical price per sqftAED 1,227Up 0.8% on the year
Typical saleAED 1.26M16 sales
Typical rentAED 90K /yrAED 91 per sqft
Typical yield7.4%AED 17.90/sqft charge

About U-Bora Tower 1 (Residential)

U-Bora Tower 1 (Residential) is a freehold apartment building in Business Bay, in central Dubai beside Downtown Dubai. It was developed by Bando Engineering & Construction Co and completed in 2011. The tower has 16 storeys and 225 apartments, from one to three bedrooms, ranging in size from 648 to 4,547 sqft. Its neighbours include O-14 Tower, AG Tower Business Bay and Millennium Binghatti Residences. Business Bay metro station (Red Line) is about 1.6 km away, on the Sheikh Zayed Road side of the district. Burj Khalifa/Dubai Mall is one stop north. Several everyday amenities are within walking distance, at about 100 to 200 m. They include the Supermarche supermarket, Florence Medical Center, two schools (UHGYM O14 Tower and Bella's Magic World), the Olazee personal shopper and Tourism mall, and the Fitness Hub park.

225 apartments over 16 floors: 131 one-beds of 648 to 2,118 sqft, 88 two-beds of 1,333 to 4,547 sqft and 6 three-beds of 2,271 to 2,559 sqft. The service charge is AED 17.90 per sqft a year.

16 apartments sold in the 12 months to November 2026, at a median of AED 1,227 per sqft, up 0.8% on the year before. Most of the trading is in one-beds: 11 of the 16 sales, at AED 1,100,000 to 1,310,000, which is why the typical sale sits below the price of its larger homes. 88 rental contracts were registered over the same 12 months, at a typical AED 90,000 a year.

Developer
Bando Engineering & Construction Co
Completed
2011
Floors
16
Units
225
Unit types
1-bed to 3-bed

Business Bay, Dubai

Average prices in U-Bora Tower 1 (Residential)

In U-Bora Tower 1 (Residential), typical sale prices over the last 12 months were around AED 1,240,000 for one-beds, AED 2,150,000 for two-beds and AED 2,900,000 for three-beds.

Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.

Price history in U-Bora Tower 1 (Residential)

7501,0001,250May 2026Nov 20262025-11-25: AED 1,276, 3-bed, 2,271 sqft2025-11-26: AED 1,226, 1-bed, 1,007 sqft2025-12-24: AED 1,213, 1-bed, 989 sqft2026-01-08: AED 18, 1-bed, 695 sqft (outlier)2026-01-13: AED 1,240, 1-bed, 1,056 sqft2026-02-04: AED 1,228, 1-bed, 1,038 sqft2026-02-18: AED 1,198, 2-bed, 1,564 sqft2026-03-18: AED 1,248, 1-bed, 1,001 sqft2026-03-31: AED 1,366, 2-bed, 1,683 sqft2026-05-01: AED 1,138, 1-bed, 988 sqft2026-05-12: AED 640, 2-bed, 3,499 sqft2026-07-24: AED 37, 1-bed, 695 sqft (outlier)2026-07-29: AED 1,344, 1-bed, 930 sqft2026-08-10: AED 1,146, 1-bed, 1,003 sqft2026-08-27: AED 1,059, 1-bed, 1,038 sqft2026-10-15: AED 1,320, 2-bed, 1,564 sqftTrend: AED 1,217 to AED 1,150

Every registered sale in the last 12 months; the dashed line is the trend, grey dots are flagged outliers left out of it.

Transaction history in U-Bora Tower 1 (Residential)

  • Completed2-bed · 1,563 sqft 15 Oct 2026AED 2,065,0001,320 /sqft
  • Completed1-bed · 1,037 sqft 27 Aug 2026AED 1,100,0001,060 /sqft
  • Completed1-bed · 1,002 sqft 10 Aug 2026AED 1,150,0001,147 /sqft
  • Completed1-bed · 930 sqft 29 Jul 2026AED 1,250,0001,344 /sqft
  • Completed1-bed · 695 sqft 24 Jul 2026AED 26,13338 /sqft
  • Completed2-bed · 3,499 sqft 12 May 2026AED 2,240,000640 /sqft
  • Completed1-bed · 988 sqft 01 May 2026AED 1,125,0001,139 /sqft
  • Completed2-bed · 1,683 sqft 31 Mar 2026AED 2,300,0001,367 /sqft
  • Completed1-bed · 1,001 sqft 18 Mar 2026AED 1,250,0001,249 /sqft
  • Completed2-bed · 1,563 sqft 18 Feb 2026AED 1,875,0001,199 /sqft

Over the last 12 months, U-Bora Tower 1 (Residential) has recorded 16 apartment sales. Typical homes sold for around AED 1.26M (about AED 1,227 per sqft) with a median size of 1,038 sqft; most were one-beds, from roughly AED 1.1M to AED 2.9M.

1–10 of 448

Units in U-Bora Tower 1 (Residential)

225 units
  • Unit 1011-bed · 1,313 sqftSold AED 1.45M, Apr 2017
  • Unit 1021-bed · 1,038 sqftSold AED 1.1M, Aug 2026
  • Unit 1031-bed · 1,007 sqftSold AED 1.2M, Jan 2016
  • Unit 1041-bed · 1,568 sqftSold AED 1.65M, Jul 2025
  • Unit 1052-bed · 1,967 sqftSold AED 1.2M, Jan 2021
  • Unit 1062-bed · 1,551 sqftSold AED 1.26M, May 2022
  • Unit 1072-bed · 1,563 sqftSold AED 1.29M, May 2022
  • Unit 1082-bed · 1,564 sqftSold AED 938K, Nov 2013
  • Unit 1092-bed · 1,753 sqftSold AED 2.1M, Aug 2013
  • Unit 2011-bed · 695 sqftSold AED 880K, Nov 2022
1–10 of 225
Every unit in U-Bora Tower 1 (Residential), by number

By type: one-beds (131), two-beds (88), three-beds (6).

Nearby in Business Bay

All 187 →
BuildingSale /sqftYield
O-14 TowerFew sales
AG Tower Business BayAED 1,4327.4%
Millennium Binghatti ResidencesAED 1,4788.3%
Business TowerFew sales
XL TowerFew sales
1–5 of 186 · nearest first

U-Bora Tower 1 (Residential) in numbers

  • Across 16 DLD sales in the 12 months to November 2026, the median price in U-Bora Tower 1 (Residential) was AED 1,227 per sqft and the typical home sold for about AED 1.26M.
  • Completed in 2011 by Bando Engineering & Construction Co; 16 floors of one-beds to three-beds; service charge AED 17.90 per sqft a year.
  • One-beds of 648 to 2,118 sqft sold for AED 1,100,000 to 1,310,000 between November 2025 and August 2026, a median AED 1,226 per sqft.
  • An one-bed of 648 to 2,118 sqft rents for AED 63,000 to 130,000 a year on the 62 contracts registered in the last 12 months.
  • Gross rental yield 7.4%: the median rent per sqft over the median sale price per sqft, before service charges.

Source: Dubai Land Department. Updated 6 November 2026.

Questions

How much does an one-bed in U-Bora Tower 1 (Residential) cost?

11 one-beds sold in the 12 months to November 2026, for AED 1,100,000 to 1,310,000; the median was AED 1,235,000, or AED 1,226 per sqft.

How much is an one-bed for rent in U-Bora Tower 1 (Residential)?

About AED 86,000 a year: that is the median of the 62 contracts for one-beds registered with Ejari in the 12 months to November 2026, from AED 63,000 to 130,000.

What is the rental yield in U-Bora Tower 1 (Residential)?

About 7.4% gross across the building, from about 7.7% for one-beds to 6.9% for two-beds, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.

Have prices in U-Bora Tower 1 (Residential) gone up?

The median price per sqft rose from about AED 1,217 to AED 1,227 over the 12 months to November 2026, up 0.8%, on 16 sales against 38 the year before.

What is the service charge in U-Bora Tower 1 (Residential)?

AED 17.90 per sqft a year. For a typical 1,038 sqft home that is about AED 18,600 a year.

Who built U-Bora Tower 1 (Residential) and when?

Bando Engineering & Construction Co; completed in 2011; 16 floors; 225 apartments.

How many apartments are there in U-Bora Tower 1 (Residential)?

225, one-beds to three-beds. Each has its own page with its full sales and rental history.

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