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2-bed · 1,586 sqftU-Bora Tower 1 (Residential), Business Bay · 11th floor · completed 2011

1111, U-Bora Tower 1 (Residential)

Sold prices and rental history: sold once, by the developer in July 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1111 · DLD and Ejari recordsUpdated 1 February 2025
Last soldAED 1.9M31 July 2013
Current rentAED 123K /yr1 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1111, U-Bora Tower 1 (Residential)

What is 1111 worth today?

Last sold for AED 1,903,200 in 2013

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1 Feb 2025RentedRenewal
AED 123,000/yr12 months · AED 78 per sqft
1 Feb 2025RentedRenewal
AED 123,000/yr12 months · AED 78 per sqft
1 Feb 2024RentedRenewal
AED 110,000/yr12 months · AED 70 per sqft
1 Feb 2023RentedRenewal
AED 92,000/yr12 months · AED 58 per sqft
1 Feb 2022RentedRenewal
AED 82,000/yr12 months · AED 52 per sqft
1 Feb 2021RentedNew contract
AED 75,000/yr12 months · AED 47 per sqft
1 Feb 2020RentedNew contract
AED 85,000/yr12 months · AED 54 per sqft
15 Oct 2018RentedNew contract
AED 110,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 1 February 2025.

Key facts

Type
2-bed apartment
Size
1,586 sqft
Floor
11th of 16
Parking
P4-258
Developer
Bando Engineering & Construction Co
Completed
2011
Service charge
AED 28,400 /yr
Last sold
AED 1.9M · July 2013
Building
U-Bora Tower 1 (Residential)

About 1111, U-Bora Tower 1 (Residential)

1111 is a two-bedroom apartment of 1,586 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. The developer sold it on 31 July 2013 for AED 1,903,200, or AED 1,200 per sqft, in line with the AED 1,175 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 1 February 2025, is AED 123,000 a year: a gross yield of 6.5% on the 2013 price, before the service charge of about AED 28,400 a year.

Sales and rents for 1111 over time

Sales
Unit 1111, 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, July 2013: AED 1,903,200 (AED 1,200 per sqft)

1111 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1111, 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, January 2013: AED 105,000 a yearNew contract, January 2015: AED 140,000 a yearNew contract, January 2016: AED 135,000 a yearNew contract, March 2017: AED 135,000 a yearNew contract, October 2018: AED 110,000 a yearNew contract, February 2020: AED 85,000 a yearNew contract, February 2021: AED 75,000 a yearRenewal, February 2022: AED 82,000 a yearRenewal, February 2023: AED 92,000 a yearRenewal, February 2024: AED 110,000 a yearRenewal, February 2025: AED 123,000 a yearRenewal, February 2025: AED 123,000 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 1111 sits

All 88 2-beds →

1111 last sold in July 2013 at AED 1,200 per sqft, in line with what two-beds in U-Bora Tower 1 (Residential) were fetching at the time (AED 1,175). 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. 1111's AED 123,000 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 11th floor

All 225 units in U-Bora Tower 1 (Residential)
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
11082-bedAED 1.25M · Jun 2022
1–7 of 21

1111, U-Bora Tower 1 (Residential) in numbers

  • Sold once: by Bando Engineering & Construction Co on 31 July 2013 for AED 1,903,200, or AED 1,200 per sqft.
  • Rented since January 2013 on 12 Ejari contracts. The rent fell from AED 105,000 to AED 75,000 in 2021 and recovered to AED 123,000 by February 2025.
  • At AED 123,000 a year the gross yield on the 2013 price is 6.5%, before a service charge of about AED 28,400 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 February 2025.

Questions about 1111, U-Bora Tower 1 (Residential)

What did unit 1111 last sell for?

AED 1,903,200 on 31 July 2013, sold by the developer: AED 1,200 per sqft for 1,586 sqft. It is the only registered sale of the unit.

What is the rent for unit 1111?

AED 123,000 a year on the contract renewed on 1 February 2025. The previous contract, from February 2025, was AED 123,000; the unit has been rented since January 2013.

How big is unit 1111?

1,586 sqft (147.3 sqm): a two-bedroom apartment on the 11th floor of a 16-storey tower completed in 2011.

What is unit 1111 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 1111, U-Bora Tower 1 (Residential)

Starts from the last sale price (AED 1.9M, 31 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,903,200
Deposit, UAE resident (20%)
AED 380,640
Deposit, non-resident (40%)
AED 761,280
Monthly over 25 years at 3.7%
AED 7,787

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