1-bed · 989 sqftU-Bora Tower 1 (Residential), Business Bay · 11th floor · completed 2011

1117, U-Bora Tower 1 (Residential)

Sold prices and rental history: sold twice, last in May 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1117 · DLD and Ejari recordsUpdated 12 May 2022
Last soldAED 800K12 May 2022
Current rentAED 65K /yr15 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1117, U-Bora Tower 1 (Residential)

What is 1117 worth today?

Last sold for AED 800,000 in 2022

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12 May 2022SoldReady
AED 800,000AED 808 per sqft
15 Oct 2021RentedRenewal
AED 65,000/yr12 months · AED 66 per sqft
15 Oct 2020RentedRenewal
AED 65,000/yr12 months · AED 66 per sqft
15 Oct 2019RentedRenewal
AED 70,000/yr12 months · AED 71 per sqft
15 Oct 2018RentedNew contract
AED 75,000/yr12 months · AED 76 per sqft
21 Sep 2014RentedNew contract
AED 55,000/yr12 months · AED 56 per sqft
21 Sep 2013RentedNew contract
AED 55,000/yr12 months · AED 56 per sqft
30 Jun 2013Sold by developerReady
AED 1,357,968AED 1,373 per sqft

Source: Dubai Land Department. Updated 12 May 2022.

Key facts

Type
1-bed apartment
Size
989 sqft
Floor
11th of 16
Parking
P4-209
Developer
Bando Engineering & Construction Co
Completed
2011
Service charge
AED 17,700 /yr
Last sold
AED 800K · May 2022

About 1117, U-Bora Tower 1 (Residential)

1117 is a one-bedroom apartment of 989 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 12 May 2022 for AED 800,000, or AED 808 per sqft, 8% above the AED 745 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 15 October 2021, is AED 65,000 a year: a gross yield of 8.1% on the 2022 price, before the service charge of about AED 17,700 a year.

Sales and rents for 1117 over time

Sales
Unit 1117, 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, June 2013: AED 1,357,968 (AED 1,373 per sqft)Sold, May 2022: AED 800,000 (AED 808 per sqft)

1117 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1117, 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, September 2013: AED 55,000 a yearNew contract, September 2014: AED 55,000 a yearNew contract, October 2018: AED 75,000 a yearRenewal, October 2019: AED 70,000 a yearRenewal, October 2020: AED 65,000 a yearRenewal, October 2021: AED 65,000 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 1117 sits

All 131 1-beds →

1117 last sold in May 2022 at AED 808 per sqft, 8% above what one-beds in U-Bora Tower 1 (Residential) were fetching at the time (AED 745). 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. 1117's AED 65,000 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

1117, U-Bora Tower 1 (Residential) in numbers

  • Sold twice: first on 30 June 2013 for AED 1,357,968, last on 12 May 2022 for AED 800,000 (AED 808 per sqft).
  • Rented since September 2013 on 6 Ejari contracts, from AED 55,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2022 price is 8.1%, 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 12 May 2022.

Questions about 1117, U-Bora Tower 1 (Residential)

What did unit 1117 last sell for?

AED 800,000 on 12 May 2022: AED 808 per sqft for 989 sqft. The unit has 2 registered sales; the first was AED 1,357,968 in June 2013.

What is the rent for unit 1117?

AED 65,000 a year on the contract renewed on 15 October 2021. The previous contract, from October 2020, was AED 65,000; the unit has been rented since September 2013.

How big is unit 1117?

989 sqft (91.9 sqm): a one-bedroom apartment on the 11th floor of a 16-storey tower completed in 2011.

What is unit 1117 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 1117, U-Bora Tower 1 (Residential)

Starts from the last sale price (AED 800K, 12 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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