2-bed · 1,551 sqftU-Bora Tower 1 (Residential), Business Bay · 11th floor · completed 2011

1108, U-Bora Tower 1 (Residential)

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

Unit 1108 · DLD and Ejari recordsUpdated 16 June 2022
Last soldAED 1.25M16 June 2022
Current rentAED 80K /yr1 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1108, U-Bora Tower 1 (Residential)

What is 1108 worth today?

Last sold for AED 1,250,000 in 2022

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16 Jun 2022SoldReady
AED 1,250,000AED 805 per sqft
1 Jun 2021RentedNew contract
AED 80,000/yr12 months · AED 52 per sqft
20 Feb 2021RentedRenewal
AED 84,000/yr12 months · AED 54 per sqft
20 Feb 2020RentedNew contract
AED 90,000/yr12 months · AED 58 per sqft
26 Nov 2013Sold by developerReady
AED 1,008,150AED 650 per sqft
1 Nov 2013RentedRenewal
AED 95,000/yr12 months · AED 61 per sqft
1 Nov 2012RentedNew contract
AED 90,000/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 16 June 2022.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
11th of 16
Parking
P4-200
Developer
Bando Engineering & Construction Co
Completed
2011
Service charge
AED 27,800 /yr
Last sold
AED 1.25M · June 2022

About 1108, U-Bora Tower 1 (Residential)

1108 is a two-bedroom apartment of 1,551 sqft on the 11th 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 16 June 2022 for AED 1,250,000, or AED 805 per sqft, in line with the AED 828 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, signed on 1 June 2021, is AED 80,000 a year: a gross yield of 6.4% on the 2022 price, before the service charge of about AED 27,800 a year.

Sales and rents for 1108 over time

Sales
Unit 1108, 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, November 2013: AED 1,008,150 (AED 650 per sqft)Sold, June 2022: AED 1,250,000 (AED 805 per sqft)

1108 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1108, 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, November 2012: AED 90,000 a yearRenewal, November 2013: AED 95,000 a yearNew contract, February 2020: AED 90,000 a yearRenewal, February 2021: AED 84,000 a yearNew contract, June 2021: AED 80,000 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 1108 sits

All 88 2-beds →

1108 last sold in June 2022 at AED 805 per sqft, in line with what two-beds in U-Bora Tower 1 (Residential) were fetching at the time (AED 828). 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. 1108's AED 80,000 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
11011-bedAED 750K · Aug 2020
11021-bedAED 965K · May 2025
11031-bedAED 1.68M · Dec 2013
11041-bedAED 1.25M · Jul 2017
11051-bedAED 1.15M · Aug 2024
11072-bedAED 1.88M · Feb 2026
11092-bedAED 1.95M · Jun 2025
1–7 of 21

1108, U-Bora Tower 1 (Residential) in numbers

  • Sold twice: first on 26 November 2013 for AED 1,008,150, last on 16 June 2022 for AED 1,250,000 (AED 805 per sqft).
  • Rented since November 2012 on 5 Ejari contracts, from AED 90,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2022 price is 6.4%, 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 16 June 2022.

Questions about 1108, U-Bora Tower 1 (Residential)

What did unit 1108 last sell for?

AED 1,250,000 on 16 June 2022: AED 805 per sqft for 1,551 sqft. The unit has 2 registered sales; the first was AED 1,008,150 in November 2013.

What is the rent for unit 1108?

AED 80,000 a year on the contract signed on 1 June 2021. The previous contract, from February 2021, was AED 84,000; the unit has been rented since November 2012.

How big is unit 1108?

1,551 sqft (144.1 sqm): a two-bedroom apartment on the 11th floor of a 16-storey tower completed in 2011.

What is unit 1108 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 1108, U-Bora Tower 1 (Residential)

Starts from the last sale price (AED 1.25M, 16 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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