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1-bed · 1,291 sqftU-Bora Tower 1 (Residential), Business Bay · 10th floor · completed 2011

1003, U-Bora Tower 1 (Residential)

Sold prices and rental history: sold once, by the developer in May 2014, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1003 · DLD and Ejari recordsUpdated 15 June 2025
Last soldAED 1.66M27 May 2014
Current rentAED 80K /yr15 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1003, U-Bora Tower 1 (Residential)

What is 1003 worth today?

Last sold for AED 1,661,517 in 2014

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15 Jun 2025RentedRenewal
AED 79,817/yr9 months · AED 62 per sqft
15 Jun 2025RentedRenewal
AED 79,817/yr9 months · AED 62 per sqft
15 Jun 2024RentedNew contract
AED 80,000/yr12 months · AED 62 per sqft
5 Mar 2023RentedRenewal
AED 66,990/yr12 months · AED 52 per sqft
5 Mar 2022RentedRenewal
AED 58,000/yr12 months · AED 45 per sqft
5 Mar 2021RentedRenewal
AED 58,000/yr12 months · AED 45 per sqft
5 Mar 2020RentedNew contract
AED 65,000/yr12 months · AED 50 per sqft
10 Sep 2019RentedNew contract
AED 95,000/yr24 months · AED 74 per sqft

Source: Dubai Land Department. Updated 15 June 2025.

Key facts

Type
1-bed apartment
Size
1,291 sqft
Floor
10th of 16
Parking
P4-085
Developer
Bando Engineering & Construction Co
Completed
2011
Service charge
AED 23,100 /yr
Last sold
AED 1.66M · May 2014
Building
U-Bora Tower 1 (Residential)

About 1003, U-Bora Tower 1 (Residential)

1003 is a one-bedroom apartment of 1,291 sqft on the 10th floor of U-Bora Tower 1 (Residential), a 16-storey tower in Business Bay completed in 2011 by Bando Engineering & Construction Co. The developer sold it on 27 May 2014 for AED 1,661,517, or AED 1,286 per sqft, in line with the AED 1,269 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, renewed on 15 June 2025, is AED 79,817 a year: a gross yield of 4.8% on the 2014 price, before the service charge of about AED 23,100 a year.

Sales and rents for 1003 over time

Sales
Unit 1003, each saleTypical one-bed in U-Bora Tower 1 (Residential)
1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,307,130; 2011 AED 1,279,641; 2012 AED 991,936; 2013 AED 1,185,600; 2014 AED 1,361,441; 2015 AED 1,270,000; 2016 AED 1,150,000; 2017 AED 1,250,000; 2019 AED 790,000; 2020 AED 725,000; 2021 AED 723,243; 2022 AED 800,000; 2023 AED 850,000; 2024 AED 1,100,000; 2025 AED 1,190,000; 2026 AED 1,250,000Sold by developer, May 2014: AED 1,661,517 (AED 1,286 per sqft)

1003 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1003, each contractTypical one-bed in U-Bora Tower 1 (Residential)
50K75K100K2012201620202024Typical rent by year: 2012 AED 58,000; 2013 AED 60,000; 2014 AED 85,000; 2015 AED 95,000; 2016 AED 91,000; 2017 AED 90,000; 2018 AED 79,763; 2019 AED 68,000; 2020 AED 55,000; 2021 AED 55,000; 2022 AED 65,000; 2023 AED 75,000; 2024 AED 80,000; 2025 AED 85,000; 2026 AED 85,500New contract, September 2012: AED 65,000 a yearRenewal, September 2013: AED 65,000 a yearNew contract, March 2015: AED 105,000 a yearNew contract, December 2017: AED 95,000 a yearNew contract, September 2019: AED 95,000 a yearNew contract, March 2020: AED 65,000 a yearRenewal, March 2021: AED 58,000 a yearRenewal, March 2022: AED 58,000 a yearRenewal, March 2023: AED 66,990 a yearNew contract, June 2024: AED 80,000 a yearRenewal, June 2025: AED 79,817 a yearRenewal, June 2025: AED 79,817 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in U-Bora Tower 1 (Residential), and where 1003 sits

All 131 1-beds →

1003 last sold in May 2014 at AED 1,286 per sqft, in line with what one-beds in U-Bora Tower 1 (Residential) were fetching at the time (AED 1,269). Over the last 12 months one-beds sold for AED 1,100,000 to 1,310,000, around AED 1,226 per sqft, and rent for AED 63,000 to 130,000 a year. 1003's AED 79,817 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Aug 20261,100,000
10 Aug 20261,150,000
29 Jul 20261,250,000
24 Jul 202626,133
11 1-bed sales in the last 12 months

U-Bora Tower 1 (Residential)

Building

225 apartments, 1-bed to 3-bed over 16 floors in Business Bay, completed in 2011 by Bando Engineering & Construction Co. 16 sold in the last 12 months.

Typical price per sqft
AED 1,227 Up 0.8%
Typical sale
AED 1.26M
Typical rent
AED 90K /yr
Typical yield
7.4%
U-Bora Tower 1 (Residential), Business Bay: prices, sales and rents →

Other units on the 10th floor

All 225 units in U-Bora Tower 1 (Residential)
Value
10011-bedAED 979K · Apr 2014
10021-bedAED 850K · Aug 2023
10041-bedAED 1.35M · Jan 2014
10051-bedAED 1.31M · Feb 2014
10072-bedAED 2.02M · Nov 2013
10082-bedAED 2M · Dec 2013
10092-bedAED 1.3M · Nov 2022
1–7 of 21

1003, U-Bora Tower 1 (Residential) in numbers

  • Sold once: by Bando Engineering & Construction Co on 27 May 2014 for AED 1,661,517, or AED 1,286 per sqft.
  • Rented since September 2012 on 12 Ejari contracts. The rent fell from AED 65,000 to AED 58,000 in 2022 and recovered to AED 79,817 by June 2025.
  • At AED 79,817 a year the gross yield on the 2014 price is 4.8%, before a service charge of about AED 23,100 a year (AED 17.90 per sqft).
  • One-beds in U-Bora Tower 1 (Residential) sold for AED 1,100,000–1,310,000 in the 12 months to November 2026; the building's median across all types is AED 1,227 per sqft.

Source: Dubai Land Department. Updated 15 June 2025.

Questions about 1003, U-Bora Tower 1 (Residential)

What did unit 1003 last sell for?

AED 1,661,517 on 27 May 2014, sold by the developer: AED 1,286 per sqft for 1,291 sqft. It is the only registered sale of the unit.

What is the rent for unit 1003?

AED 79,817 a year on the contract renewed on 15 June 2025. The previous contract, from June 2025, was AED 79,817; the unit has been rented since September 2012.

How big is unit 1003?

1,291 sqft (119.9 sqm): a one-bedroom apartment on the 10th floor of a 16-storey tower completed in 2011.

What is unit 1003 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in U-Bora Tower 1 (Residential) sold for AED 1,100,000 to 1,310,000 in the last 12 months, around AED 1,226 per sqft.

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Mortgage on 1003, U-Bora Tower 1 (Residential)

Starts from the last sale price (AED 1.66M, 27 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,661,517
Deposit, UAE resident (20%)
AED 332,303
Deposit, non-resident (40%)
AED 664,607
Monthly over 25 years at 3.7%
AED 6,798

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →