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

1116, U-Bora Tower 1 (Residential)

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

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

Follow 1116

Unit 1116 · DLD and Ejari recordsUpdated 21 December 2013

Last soldAED 1.24M2 October 2013

Current rentAED 95K /yr21 December 2013

Estimated yieldfree after one verification

Today's valuefree after one verification

Follow 1116

Property timeline for 1116, U-Bora Tower 1 (Residential)

Today

What is 1116 worth today?

Last sold for AED 1,235,000 in 2013

Unlock today's estimate, updated daily, with

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

21 Dec 2013

21 Dec 2013RentedNew contract

AED 95,000/yr12 months · AED 96 per sqft

2 Oct 2013

2 Oct 2013Sold by developerReady

AED 1,235,000AED 1,249 per sqft

15 Sep 2012

15 Sep 2012RentedNew contract

AED 58,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 21 December 2013.

Key facts

Type: 1-bed apartment
Size: 988 sqft
Floor: 11th of 16
Parking: P4-208
Developer: Bando Engineering & Construction Co
Completed: 2011
Service charge: AED 17,700 /yr
Last sold: AED 1.24M · October 2013
Building: U-Bora Tower 1 (Residential)

About 1116, U-Bora Tower 1 (Residential)

1116 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 2 October 2013 for AED 1,235,000, or AED 1,249 per sqft, in line with the AED 1,240 one-beds in the building were fetching at the time.

It has been rented since 2012 on 2 Ejari contracts. The current contract, signed on 21 December 2013, is AED 95,000 a year: a gross yield of 7.7% on the 2013 price, before the service charge of about AED 17,700 a year.

Sales and rents for 1116 over time

Sales

Unit 1116, each saleTypical one-bed in U-Bora Tower 1 (Residential)

1116 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1116, each contractTypical one-bed in U-Bora Tower 1 (Residential)

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 1116 sits

All 131 1-beds →

1-beds in U-Bora Tower 1 (Residential) · last 12 months1,226 /sqft U-Bora Tower 1 (Residential) · all types1,227 /sqft

1116 last sold in October 2013 at AED 1,249 per sqft, in line with what one-beds in U-Bora Tower 1 (Residential) were fetching at the time (AED 1,240). 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. 1116's AED 95,000 is in the lower half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
27 Aug 202627 August 2026	1,038 sqft	1,100,000	1,059
10 Aug 202610 August 2026	1,003 sqft	1,150,000	1,146
29 Jul 202629 July 2026	930 sqft	1,250,000	1,344
24 Jul 202624 July 2026	695 sqft	26,133	37

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 →

Other units on the 11th floor

All 225 units in U-Bora Tower 1 (Residential)


1101	1-bed	753 sqft	AED 750KAED 750,000 · Aug 2020August 2020	86,000 /yr
1102	1-bed	714 sqft	AED 965KAED 965,000 · May 2025May 2025	78,000 /yr
1103	1-bed	1,291 sqft	AED 1.68MAED 1,678,300 · Dec 2013December 2013	95,000 /yr
1104	1-bed	1,038 sqft	AED 1.25MAED 1,250,000 · Jul 2017July 2017	90,000 /yr
1105	1-bed	1,007 sqft	AED 1.15MAED 1,150,000 · Aug 2024August 2024	85,000 /yr
1107	2-bed	1,564 sqft	AED 1.88MAED 1,875,000 · Feb 2026February 2026	185,000 /yr
1108	2-bed	1,551 sqft	AED 1.25MAED 1,250,000 · Jun 2022June 2022	80,000 /yr
1109	2-bed	1,563 sqft	AED 1.95MAED 1,950,000 · Jun 2025June 2025	40,000 /yr
1110	2-bed	1,564 sqft	AED 1.8MAED 1,798,117 · Jun 2013June 2013	120,000 /yr
1111	2-bed	1,586 sqft	AED 1.9MAED 1,903,200 · Jul 2013July 2013	123,000 /yr
1112	3-bed	2,559 sqft	AED 3.32MAED 3,320,000 · Mar 2014March 2014	200,000 /yr
1113	1-bed	988 sqft	AED 1.35MAED 1,350,000 · Apr 2014April 2014	90,000 /yr
1114	1-bed	988 sqft	AED 1.19MAED 1,185,600 · Jul 2013July 2013	69,850 /yr
1115	1-bed	931 sqft	AED 1MAED 1,000,000 · Jan 2025January 2025	129,305 /yr
1117	1-bed	989 sqft	AED 800KAED 800,000 · May 2022May 2022	65,000 /yr
1118	1-bed	931 sqft	AED 1.21MAED 1,210,300 · Sep 2013September 2013	75,600 /yr
1119	1-bed	931 sqft	AED 1.21MAED 1,210,300 · Sep 2013September 2013	60,000 /yr
1120	1-bed	989 sqft	AED 1.19MAED 1,190,000 · Sep 2025September 2025	95,000 /yr
1106A	1-bed	1,003 sqft	AED 1.3MAED 1,303,900 · Jan 2014January 2014	48,000 /yr
1106B	1-bed	1,059 sqft	AED 1.12MAED 1,120,000 · Dec 2024December 2024	110,000 /yr
1106C	1-bed	1,047 sqft	AED 1.53MAED 1,525,000 · Mar 2014March 2014	90,000 /yr

1–7 of 21

1116, U-Bora Tower 1 (Residential) in numbers

Sold once: by Bando Engineering & Construction Co on 2 October 2013 for AED 1,235,000, or AED 1,249 per sqft.
Rented since September 2012 on 2 Ejari contracts, from AED 58,000 to AED 95,000 a year.
At AED 95,000 a year the gross yield on the 2013 price is 7.7%, 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 21 December 2013.

Questions about 1116, U-Bora Tower 1 (Residential)

What did unit 1116 last sell for?

AED 1,235,000 on 2 October 2013, sold by the developer: AED 1,249 per sqft for 988 sqft. It is the only registered sale of the unit.

What is the rent for unit 1116?

AED 95,000 a year on the contract signed on 21 December 2013. The previous contract, from September 2012, was AED 58,000.

How big is unit 1116?

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

What is unit 1116 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.

Selling 1116? 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 1116, U-Bora Tower 1 (Residential)

Starts from the last sale price (AED 1.24M, 2 October 2013). Switch to today's estimate once you have unlocked it.

Price: AED 1,235,000
Deposit, UAE resident (20%): AED 247,000
Deposit, non-resident (40%): AED 494,000
Monthly over 25 years at 3.7%: AED 5,053

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