2-bed · 1,967 sqftU-Bora Tower 1 (Residential), Business Bay · 1st floor · completed 2011

105, U-Bora Tower 1 (Residential)

Sold prices and rental history: sold twice, last in January 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 105 · DLD and Ejari recordsUpdated 21 January 2021
Last soldAED 1.2M21 January 2021
Current rentAED 120K /yr8 August 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 105, U-Bora Tower 1 (Residential)

What is 105 worth today?

Last sold for AED 1,200,000 in 2021

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21 Jan 2021SoldReady
AED 1,200,000AED 610 per sqft
8 Aug 2019RentedRenewal
AED 120,000/yr12 months · AED 61 per sqft
8 Aug 2018RentedRenewal
AED 130,000/yr12 months · AED 66 per sqft
8 Aug 2017RentedRenewal
AED 140,000/yr12 months · AED 71 per sqft
8 Aug 2016RentedNew contract
AED 140,000/yr12 months · AED 71 per sqft
4 Jun 2016RentedNew contract
AED 147,619/yr2 months · AED 75 per sqft
4 Jun 2015RentedNew contract
AED 160,000/yr12 months · AED 81 per sqft
26 Sep 2013Sold by developerReady
AED 1,180,200AED 600 per sqft

Source: Dubai Land Department. Updated 21 January 2021.

Key facts

Type
2-bed apartment
Size
1,967 sqft
Floor
1st of 16
Parking
P4-248
Developer
Bando Engineering & Construction Co
Completed
2011
Service charge
AED 35,200 /yr
Last sold
AED 1.2M · January 2021

About 105, U-Bora Tower 1 (Residential)

105 is a two-bedroom apartment of 1,967 sqft on the 1st 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 21 January 2021 for AED 1,200,000, or AED 610 per sqft, 7% below the AED 657 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 8 August 2019, is AED 120,000 a year: a gross yield of 10.0% on the 2021 price, before the service charge of about AED 35,200 a year.

Sales and rents for 105 over time

Sales
Unit 105, 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, September 2013: AED 1,180,200 (AED 600 per sqft)Sold, January 2021: AED 1,200,000 (AED 610 per sqft)

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

Rents
Unit 105, 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, June 2012: AED 83,000 a yearNew contract, August 2013: AED 100,000 a yearNew contract, June 2015: AED 160,000 a yearNew contract, June 2016: AED 147,619 a yearNew contract, August 2016: AED 140,000 a yearRenewal, August 2017: AED 140,000 a yearRenewal, August 2018: AED 130,000 a yearRenewal, August 2019: AED 120,000 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 105 sits

All 88 2-beds →

105 last sold in January 2021 at AED 610 per sqft, 7% below what two-beds in U-Bora Tower 1 (Residential) were fetching at the time (AED 657). 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. 105's AED 120,000 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 →
Value
1011-bedAED 1.45M · Apr 2017
1021-bedAED 1.1M · Aug 2026
1031-bedAED 1.2M · Jan 2016
1041-bedAED 1.65M · Jul 2025
1062-bedAED 1.26M · May 2022
1072-bedAED 1.29M · May 2022
1082-bedAED 938K · Nov 2013
1–7 of 8

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

  • Sold twice: first on 26 September 2013 for AED 1,180,200, last on 21 January 2021 for AED 1,200,000 (AED 610 per sqft).
  • Rented since June 2012 on 8 Ejari contracts, from AED 83,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2021 price is 10.0%, before a service charge of about AED 35,200 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 21 January 2021.

Questions about 105, U-Bora Tower 1 (Residential)

What did unit 105 last sell for?

AED 1,200,000 on 21 January 2021: AED 610 per sqft for 1,967 sqft. The unit has 2 registered sales; the first was AED 1,180,200 in September 2013.

What is the rent for unit 105?

AED 120,000 a year on the contract renewed on 8 August 2019. The previous contract, from August 2018, was AED 130,000; the unit has been rented since June 2012.

How big is unit 105?

1,967 sqft (182.7 sqm): a two-bedroom apartment on the 1st floor of a 16-storey tower completed in 2011.

What is unit 105 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 105, U-Bora Tower 1 (Residential)

Starts from the last sale price (AED 1.2M, 21 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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