1-bed · 988 sqftU-Bora Tower 1 (Residential), Business Bay · 11th floor · completed 2011

1114, U-Bora Tower 1 (Residential)

Sold prices and rental history: sold once, by the developer in July 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1114 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 1.19M8 July 2013
Current rentAED 70K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1114, U-Bora Tower 1 (Residential)

What is 1114 worth today?

Last sold for AED 1,185,600 in 2013

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1 Jul 2024RentedRenewal
AED 69,850/yr12 months · AED 71 per sqft
1 Jul 2023RentedRenewal
AED 63,500/yr12 months · AED 64 per sqft
1 Jul 2022RentedRenewal
AED 60,500/yr12 months · AED 61 per sqft
1 Jul 2021RentedRenewal
AED 55,000/yr12 months · AED 56 per sqft
1 Jul 2020RentedNew contract
AED 55,000/yr12 months · AED 56 per sqft
10 Aug 2017RentedNew contract
AED 90,000/yr12 months · AED 91 per sqft
1 Aug 2016RentedNew contract
AED 85,000/yr12 months · AED 86 per sqft
10 Jul 2015RentedNew contract
AED 84,000/yr12 months · AED 85 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
1-bed apartment
Size
988 sqft
Floor
11th of 16
Parking
P4-260
Developer
Bando Engineering & Construction Co
Completed
2011
Service charge
AED 17,700 /yr
Last sold
AED 1.19M · July 2013

About 1114, U-Bora Tower 1 (Residential)

1114 is a one-bedroom apartment of 988 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 8 July 2013 for AED 1,185,600, or AED 1,199 per sqft, 6% above the AED 1,133 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 1 July 2024, is AED 69,850 a year: a gross yield of 5.9% on the 2013 price, before the service charge of about AED 17,700 a year.

Sales and rents for 1114 over time

Sales
Unit 1114, each saleTypical one-bed in U-Bora Tower 1 (Residential)
1M2009201420192024Typical sale price by year: 2009 AED 1,307,130; 2011 AED 1,279,641; 2012 AED 991,936; 2013 AED 1,185,600; 2014 AED 1,361,441; 2015 AED 1,270,000; 2016 AED 1,150,000; 2017 AED 1,250,000; 2019 AED 790,000; 2020 AED 725,000; 2021 AED 723,243; 2022 AED 800,000; 2023 AED 850,000; 2024 AED 1,100,000; 2025 AED 1,190,000; 2026 AED 1,250,000Sold by developer, July 2013: AED 1,185,600 (AED 1,199 per sqft)

1114 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1114, each contractTypical one-bed in U-Bora Tower 1 (Residential)
60K80K100K2012201620202024Typical rent by year: 2012 AED 58,000; 2013 AED 60,000; 2014 AED 85,000; 2015 AED 95,000; 2016 AED 91,000; 2017 AED 90,000; 2018 AED 79,763; 2019 AED 68,000; 2020 AED 55,000; 2021 AED 55,000; 2022 AED 65,000; 2023 AED 75,000; 2024 AED 80,000; 2025 AED 85,000; 2026 AED 85,500New contract, February 2012: AED 53,000 a yearRenewal, February 2013: AED 58,300 a yearNew contract, July 2014: AED 80,000 a yearNew contract, July 2015: AED 84,000 a yearNew contract, August 2016: AED 85,000 a yearNew contract, August 2017: AED 90,000 a yearNew contract, July 2020: AED 55,000 a yearRenewal, July 2021: AED 55,000 a yearRenewal, July 2022: AED 60,500 a yearRenewal, July 2023: AED 63,500 a yearRenewal, July 2024: AED 69,850 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in U-Bora Tower 1 (Residential), and where 1114 sits

All 131 1-beds →

1114 last sold in July 2013 at AED 1,199 per sqft, 6% above what one-beds in U-Bora Tower 1 (Residential) were fetching at the time (AED 1,133). Over the last 12 months one-beds sold for AED 1,100,000 to 1,310,000, around AED 1,226 per sqft, and rent for AED 63,000 to 130,000 a year. 1114's AED 69,850 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Aug 20261,100,000
10 Aug 20261,150,000
29 Jul 20261,250,000
24 Jul 202626,133
11 1-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
11082-bedAED 1.25M · Jun 2022
1–7 of 21

1114, U-Bora Tower 1 (Residential) in numbers

  • Sold once: by Bando Engineering & Construction Co on 8 July 2013 for AED 1,185,600, or AED 1,199 per sqft.
  • Rented since February 2012 on 11 Ejari contracts, from AED 53,000 to AED 69,850 a year.
  • At AED 69,850 a year the gross yield on the 2013 price is 5.9%, before a service charge of about AED 17,700 a year (AED 17.90 per sqft).
  • One-beds in U-Bora Tower 1 (Residential) sold for AED 1,100,000–1,310,000 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 July 2024.

Questions about 1114, U-Bora Tower 1 (Residential)

What did unit 1114 last sell for?

AED 1,185,600 on 8 July 2013, sold by the developer: AED 1,199 per sqft for 988 sqft. It is the only registered sale of the unit.

What is the rent for unit 1114?

AED 69,850 a year on the contract renewed on 1 July 2024. The previous contract, from July 2023, was AED 63,500; the unit has been rented since February 2012.

How big is unit 1114?

988 sqft (91.8 sqm): a one-bedroom apartment on the 11th floor of a 16-storey tower completed in 2011.

What is unit 1114 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in U-Bora Tower 1 (Residential) sold for AED 1,100,000 to 1,310,000 in the last 12 months, around AED 1,226 per sqft.

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Mortgage on 1114, U-Bora Tower 1 (Residential)

Starts from the last sale price (AED 1.19M, 8 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,185,600
Deposit, UAE resident (20%)
AED 237,120
Deposit, non-resident (40%)
AED 474,240
Monthly over 25 years at 3.7%
AED 4,851

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