2-bed · 1,551 sqftU-Bora Tower 1 (Residential), Business Bay · 10th floor · completed 2011

1008, U-Bora Tower 1 (Residential)

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold once, by the developer in December 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1008 · DLD and Ejari recordsUpdated 10 May 2023

Last soldAED 2M17 December 2013

Current rentAED 30K /yr10 May 2023

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1008, U-Bora Tower 1 (Residential)

Today

What is 1008 worth today?

Last sold for AED 2,000,790 in 2013

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10 May 2023

10 May 2023RentedRenewal · flagged as an outlier

AED 30,000/yr12 months · AED 19 per sqft

10 May 2022

10 May 2022RentedRenewal · flagged as an outlier

AED 30,000/yr12 months · AED 19 per sqft

10 May 2021

10 May 2021RentedRenewal

AED 40,000/yr12 months · AED 26 per sqft

10 May 2020

10 May 2020RentedRenewal

AED 50,000/yr12 months · AED 32 per sqft

10 May 2019

10 May 2019RentedRenewal

AED 90,000/yr12 months · AED 58 per sqft

10 May 2018

10 May 2018RentedRenewal

AED 150,000/yr12 months · AED 97 per sqft

10 May 2017

10 May 2017RentedRenewal

AED 150,000/yr12 months · AED 97 per sqft

10 May 2016

10 May 2016RentedNew contract

AED 150,000/yr12 months · AED 97 per sqft

Source: Dubai Land Department. Updated 10 May 2023.

Key facts

Type: 2-bed apartment
Size: 1,551 sqft
Floor: 10th of 16
Parking: P4-192
Developer: Bando Engineering & Construction Co
Completed: 2011
Service charge: AED 27,800 /yr
Last sold: AED 2M · December 2013
Building: U-Bora Tower 1 (Residential)

About 1008, U-Bora Tower 1 (Residential)

1008 is a two-bedroom apartment of 1,551 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 17 December 2013 for AED 2,000,790, or AED 1,290 per sqft, 3% above the AED 1,249 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 10 May 2023, is AED 30,000 a year: a gross yield of 1.5% on the 2013 price, before the service charge of about AED 27,800 a year.

Sales and rents for 1008 over time

Sales

Unit 1008, each saleTypical two-bed in U-Bora Tower 1 (Residential)

1008 has sold once; the dashed line is the two-bed median of each year in the building.

Rents

Unit 1008, each contractTypical two-bed in U-Bora Tower 1 (Residential)

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

2-beds in U-Bora Tower 1 (Residential), and where 1008 sits

All 88 2-beds →

2-beds in U-Bora Tower 1 (Residential) · last 12 months1,259 /sqft U-Bora Tower 1 (Residential) · all types1,227 /sqft

1008 last sold in December 2013 at AED 1,290 per sqft, 3% above what two-beds in U-Bora Tower 1 (Residential) were fetching at the time (AED 1,249). Over the last 12 months two-beds sold for AED 1,875,000 to 2,300,000, around AED 1,259 per sqft, and rent for AED 117,152 to 200,000 a year. 1008's AED 30,000 is at the bottom of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
15 Oct 202615 October 2026	1,564 sqft	2,065,000	1,320
12 May 202612 May 2026	3,499 sqft	2,240,000	640
31 Mar 202631 March 2026	1,683 sqft	2,300,000	1,366
18 Feb 202618 February 2026	1,564 sqft	1,875,000	1,198

4 2-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)


1001	1-bed	753 sqft	AED 979KAED 978,900 · Apr 2014April 2014	63,000 /yr
1002	1-bed	714 sqft	AED 850KAED 850,000 · Aug 2023August 2023	80,000 /yr
1003	1-bed	1,291 sqft	AED 1.66MAED 1,661,517 · May 2014May 2014	79,817 /yr
1004	1-bed	1,038 sqft	AED 1.35MAED 1,349,400 · Jan 2014January 2014	70,000 /yr
1005	1-bed	1,007 sqft	AED 1.31MAED 1,309,100 · Feb 2014February 2014	75,000 /yr
1007	2-bed	1,564 sqft	AED 2.02MAED 2,017,560 · Nov 2013November 2013	132,000 /yr
1009	2-bed	1,563 sqft	AED 1.3MAED 1,300,000 · Nov 2022November 2022	140,000 /yr
1010	2-bed	1,564 sqft	AED 2.02MAED 2,017,560 · Nov 2013November 2013	119,700 /yr
1011	2-bed	1,586 sqft	AED 1.98MAED 1,982,500 · Sep 2013September 2013	130,000 /yr
1012	3-bed	2,485 sqft	AED 3.05MAED 3,050,000 · Jul 2025July 2025	126,500 /yr
1013	1-bed	988 sqft	AED 1.21MAED 1,210,300 · Oct 2013October 2013	73,000 /yr
1014	1-bed	988 sqft	AED 1.25MAED 1,250,000 · Oct 2025October 2025	100,279 /yr
1015	1-bed	931 sqft	AED 1.12MAED 1,117,200 · Mar 2014March 2014	95,000 /yr
1016	1-bed	988 sqft	AED 1.13MAED 1,125,000 · Apr 2024April 2024	52,500 /yr
1017	1-bed	989 sqft	AED 1.24MAED 1,236,250 · Dec 2013December 2013	65,000 /yr
1018	1-bed	931 sqft	AED 692KAED 692,056 · Jul 2012July 2012	85,000 /yr
1019	1-bed	931 sqft	AED 1.18MAED 1,180,000 · Nov 2024November 2024	90,000 /yr
1020	1-bed	989 sqft	AED 1.25MAED 1,250,000 · Oct 2015October 2015	72,000 /yr
1006A	1-bed	1,003 sqft	AED 1.15MAED 1,150,000 · Aug 2026August 2026	60,000 /yr
1006B	1-bed	1,059 sqft	AED 1.33MAED 1,330,300 · Jul 2025July 2025	72,000 /yr
1006C	1-bed	1,047 sqft	AED 1.1MAED 1,100,000 · Sep 2024September 2024	65,000 /yr

1–7 of 21

1008, U-Bora Tower 1 (Residential) in numbers

Sold once: by Bando Engineering & Construction Co on 17 December 2013 for AED 2,000,790, or AED 1,290 per sqft.
Rented since May 2012 on 10 Ejari contracts, from AED 77,000 to AED 30,000 a year.
At AED 30,000 a year the gross yield on the 2013 price is 1.5%, before a service charge of about AED 27,800 a year (AED 17.90 per sqft).
Two-beds in U-Bora Tower 1 (Residential) sold for AED 1,875,000–2,300,000 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 10 May 2023.

Questions about 1008, U-Bora Tower 1 (Residential)

What did unit 1008 last sell for?

AED 2,000,790 on 17 December 2013, sold by the developer: AED 1,290 per sqft for 1,551 sqft. It is the only registered sale of the unit.

What is the rent for unit 1008?

AED 30,000 a year on the contract renewed on 10 May 2023. The previous contract, from May 2022, was AED 30,000; the unit has been rented since May 2012.

How big is unit 1008?

1,551 sqft (144.1 sqm): a two-bedroom apartment on the 10th floor of a 16-storey tower completed in 2011.

What is unit 1008 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in U-Bora Tower 1 (Residential) sold for AED 1,875,000 to 2,300,000 in the last 12 months, around AED 1,259 per sqft.

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Mortgage on 1008, U-Bora Tower 1 (Residential)

Starts from the last sale price (AED 2M, 17 December 2013). Switch to today's estimate once you have unlocked it.

Price: AED 2,000,790
Deposit, UAE resident (20%): AED 400,158
Deposit, non-resident (40%): AED 800,316
Monthly over 25 years at 3.7%: AED 8,186

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