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

106, U-Bora Tower 1 (Residential)

Sold prices and rental history: sold twice, last in May 2022, and rented once, from April 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 106 · DLD and Ejari recordsUpdated 20 May 2022
Last soldAED 1.26M20 May 2022
Current rentAED 100K /yr16 April 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, U-Bora Tower 1 (Residential)

What is 106 worth today?

Last sold for AED 1,260,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

20 May 2022SoldReady
AED 1,260,000AED 812 per sqft
2 Oct 2013Sold by developerReady
AED 1,861,200AED 1,200 per sqft
16 Apr 2013RentedNew contract
AED 100,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 20 May 2022.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
1st of 16
Parking
P4-249
Developer
Bando Engineering & Construction Co
Completed
2011
Service charge
AED 27,800 /yr
Last sold
AED 1.26M · May 2022

About 106, U-Bora Tower 1 (Residential)

106 is a two-bedroom apartment of 1,551 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 20 May 2022 for AED 1,260,000, or AED 812 per sqft, in line with the AED 831 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 16 April 2013. The current contract, signed on 16 April 2013, is AED 100,000 a year: a gross yield of 7.9% on the 2022 price, before the service charge of about AED 27,800 a year.

Sales and rents for 106 over time

Sales
Unit 106, 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, October 2013: AED 1,861,200 (AED 1,200 per sqft)Sold, May 2022: AED 1,260,000 (AED 812 per sqft)

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

Rents
Unit 106, 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, April 2013: AED 100,000 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 106 sits

All 88 2-beds →

106 last sold in May 2022 at AED 812 per sqft, in line with what two-beds in U-Bora Tower 1 (Residential) were fetching at the time (AED 831). 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. 106's AED 100,000 is at the bottom 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
1052-bedAED 1.2M · Jan 2021
1072-bedAED 1.29M · May 2022
1082-bedAED 938K · Nov 2013
1–7 of 8

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

  • Sold twice: first on 2 October 2013 for AED 1,861,200, last on 20 May 2022 for AED 1,260,000 (AED 812 per sqft).
  • Rented since April 2013 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2022 price is 7.9%, 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 20 May 2022.

Questions about 106, U-Bora Tower 1 (Residential)

What did unit 106 last sell for?

AED 1,260,000 on 20 May 2022: AED 812 per sqft for 1,551 sqft. The unit has 2 registered sales; the first was AED 1,861,200 in October 2013.

What is the rent for unit 106?

AED 100,000 a year on the contract signed on 16 April 2013.

How big is unit 106?

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

What is unit 106 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.

Selling 106? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 106, U-Bora Tower 1 (Residential)

Starts from the last sale price (AED 1.26M, 20 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,260,000
Deposit, UAE resident (20%)
AED 252,000
Deposit, non-resident (40%)
AED 504,000
Monthly over 25 years at 3.7%
AED 5,155

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