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2-bed · 1,563 sqftU-Bora Tower 1 (Residential), Business Bay · 10th floor · completed 2011

1009, U-Bora Tower 1 (Residential)

Sold prices and rental history: sold twice, last in November 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1009 · DLD and Ejari recordsUpdated 20 January 2025
Last soldAED 1.3M17 November 2022
Current rentAED 140K /yr20 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1009, U-Bora Tower 1 (Residential)

What is 1009 worth today?

Last sold for AED 1,300,000 in 2022

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20 Jan 2025RentedNew contract
AED 140,000/yr12 months · AED 90 per sqft
20 Jan 2025RentedNew contract
AED 140,000/yr12 months · AED 90 per sqft
1 Apr 2024RentedRenewal
AED 100,000/yr12 months · AED 64 per sqft
1 Apr 2023RentedNew contract
AED 97,000/yr12 months · AED 62 per sqft
17 Nov 2022SoldReady
AED 1,300,000AED 831 per sqft
1 Apr 2022RentedRenewal
AED 85,000/yr12 months · AED 54 per sqft
1 Apr 2021RentedRenewal
AED 85,000/yr12 months · AED 54 per sqft
1 Apr 2020RentedNew contract
AED 85,000/yr12 months · AED 54 per sqft

Source: Dubai Land Department. Updated 20 January 2025.

Key facts

Type
2-bed apartment
Size
1,563 sqft
Floor
10th of 16
Parking
P4-193
Developer
Bando Engineering & Construction Co
Completed
2011
Service charge
AED 28,000 /yr
Last sold
AED 1.3M · November 2022
Building
U-Bora Tower 1 (Residential)

About 1009, U-Bora Tower 1 (Residential)

1009 is a two-bedroom apartment of 1,563 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. It last sold on 17 November 2022 for AED 1,300,000, or AED 831 per sqft, in line with the AED 825 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 14 Ejari contracts. The current contract, signed on 20 January 2025, is AED 140,000 a year: a gross yield of 10.8% on the 2022 price, before the service charge of about AED 28,000 a year.

Sales and rents for 1009 over time

Sales
Unit 1009, each saleTypical two-bed in U-Bora Tower 1 (Residential)
1M2M2009201420192024Typical sale price by year: 2009 AED 2,620,985; 2012 AED 2,447,753; 2013 AED 1,976,135; 2014 AED 2,610,405; 2015 AED 2,200,000; 2016 AED 1,350,000; 2017 AED 1,825,000; 2020 AED 1,200,000; 2021 AED 1,525,000; 2022 AED 1,260,000; 2023 AED 1,550,000; 2024 AED 1,875,000; 2025 AED 2,428,404; 2026 AED 2,152,500Sold by developer, December 2013: AED 2,031,900 (AED 1,299 per sqft)Sold, November 2022: AED 1,300,000 (AED 831 per sqft)

1009 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1009, each contractTypical two-bed in U-Bora Tower 1 (Residential)
100K150K2012201620202024Typical rent by year: 2012 AED 86,001; 2013 AED 90,000; 2014 AED 150,000; 2015 AED 150,000; 2016 AED 140,000; 2017 AED 130,000; 2018 AED 120,000; 2019 AED 110,000; 2020 AED 80,000; 2021 AED 84,000; 2022 AED 93,500; 2023 AED 105,000; 2024 AED 120,000; 2025 AED 136,453; 2026 AED 137,000New contract, May 2012: AED 77,000 a yearRenewal, May 2013: AED 82,000 a yearNew contract, November 2014: AED 148,000 a yearNew contract, November 2016: AED 135,000 a yearNew contract, September 2017: AED 125,000 a yearNew contract, August 2018: AED 105,000 a yearRenewal, August 2019: AED 103,000 a yearNew contract, April 2020: AED 85,000 a yearRenewal, April 2021: AED 85,000 a yearRenewal, April 2022: AED 85,000 a yearNew contract, April 2023: AED 97,000 a yearRenewal, April 2024: AED 100,000 a yearNew contract, January 2025: AED 140,000 a yearNew contract, January 2025: AED 140,000 a year

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 1009 sits

All 88 2-beds →

1009 last sold in November 2022 at AED 831 per sqft, in line with what two-beds in U-Bora Tower 1 (Residential) were fetching at the time (AED 825). 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. 1009's AED 140,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 Oct 20262,065,000
12 May 20262,240,000
31 Mar 20262,300,000
18 Feb 20261,875,000
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)
Value
10011-bedAED 979K · Apr 2014
10021-bedAED 850K · Aug 2023
10031-bedAED 1.66M · May 2014
10041-bedAED 1.35M · Jan 2014
10051-bedAED 1.31M · Feb 2014
10072-bedAED 2.02M · Nov 2013
10082-bedAED 2M · Dec 2013
1–7 of 21

1009, U-Bora Tower 1 (Residential) in numbers

  • Sold twice: first on 17 December 2013 for AED 2,031,900, last on 17 November 2022 for AED 1,300,000 (AED 831 per sqft).
  • Rented since May 2012 on 14 Ejari contracts, from AED 77,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2022 price is 10.8%, before a service charge of about AED 28,000 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 20 January 2025.

Questions about 1009, U-Bora Tower 1 (Residential)

What did unit 1009 last sell for?

AED 1,300,000 on 17 November 2022: AED 831 per sqft for 1,563 sqft. The unit has 2 registered sales; the first was AED 2,031,900 in December 2013.

What is the rent for unit 1009?

AED 140,000 a year on the contract signed on 20 January 2025. The previous contract, from January 2025, was AED 140,000; the unit has been rented since May 2012.

How big is unit 1009?

1,563 sqft (145.2 sqm): a two-bedroom apartment on the 10th floor of a 16-storey tower completed in 2011.

What is unit 1009 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 1009, U-Bora Tower 1 (Residential)

Starts from the last sale price (AED 1.3M, 17 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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