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

107, U-Bora Tower 1 (Residential)

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

Unit 107 · DLD and Ejari recordsUpdated 1 August 2022
Last soldAED 1.29M10 May 2022
Current rentAED 105K /yr1 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 107, U-Bora Tower 1 (Residential)

What is 107 worth today?

Last sold for AED 1,290,000 in 2022

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1 Aug 2022RentedNew contract
AED 105,000/yr12 months · AED 67 per sqft
10 May 2022SoldReady
AED 1,290,000AED 825 per sqft
2 Jan 2014Sold by developerReady
AED 1,875,600AED 1,199 per sqft
25 Jun 2013RentedRenewal
AED 90,000/yr12 months · AED 58 per sqft
25 Jun 2012RentedNew contract
AED 90,000/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 1 August 2022.

Key facts

Type
2-bed apartment
Size
1,563 sqft
Floor
1st of 16
Parking
P4-159
Developer
Bando Engineering & Construction Co
Completed
2011
Service charge
AED 28,000 /yr
Last sold
AED 1.29M · May 2022

About 107, U-Bora Tower 1 (Residential)

107 is a two-bedroom apartment of 1,563 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 10 May 2022 for AED 1,290,000, or AED 825 per sqft, in line with the AED 846 two-beds in the building were fetching at the time.

It has been rented since 2012 on 3 Ejari contracts. The current contract, signed on 1 August 2022, is AED 105,000 a year: a gross yield of 8.1% on the 2022 price, before the service charge of about AED 28,000 a year.

Sales and rents for 107 over time

Sales
Unit 107, 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, January 2014: AED 1,875,600 (AED 1,199 per sqft)Sold, May 2022: AED 1,290,000 (AED 825 per sqft)

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

Rents
Unit 107, 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 90,000 a yearRenewal, June 2013: AED 90,000 a yearNew contract, August 2022: AED 105,000 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 107 sits

All 88 2-beds →

107 last sold in May 2022 at AED 825 per sqft, in line with what two-beds in U-Bora Tower 1 (Residential) were fetching at the time (AED 846). 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. 107's AED 105,000 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
1062-bedAED 1.26M · May 2022
1082-bedAED 938K · Nov 2013
1–7 of 8

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

  • Sold twice: first on 2 January 2014 for AED 1,875,600, last on 10 May 2022 for AED 1,290,000 (AED 825 per sqft).
  • Rented since June 2012 on 3 Ejari contracts, from AED 90,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2022 price is 8.1%, 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 1 August 2022.

Questions about 107, U-Bora Tower 1 (Residential)

What did unit 107 last sell for?

AED 1,290,000 on 10 May 2022: AED 825 per sqft for 1,563 sqft. The unit has 2 registered sales; the first was AED 1,875,600 in January 2014.

What is the rent for unit 107?

AED 105,000 a year on the contract signed on 1 August 2022. The previous contract, from June 2013, was AED 90,000; the unit has been rented since June 2012.

How big is unit 107?

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

What is unit 107 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 107, U-Bora Tower 1 (Residential)

Starts from the last sale price (AED 1.29M, 10 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,290,000
Deposit, UAE resident (20%)
AED 258,000
Deposit, non-resident (40%)
AED 516,000
Monthly over 25 years at 3.7%
AED 5,278

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