1-bed · 931 sqftU-Bora Tower 1 (Residential), Business Bay · 11th floor · completed 2011

1119, U-Bora Tower 1 (Residential)

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

Unit 1119 · DLD and Ejari recordsUpdated 22 February 2022
Last soldAED 1.21M15 September 2013
Current rentAED 60K /yr22 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1119, U-Bora Tower 1 (Residential)

What is 1119 worth today?

Last sold for AED 1,210,300 in 2013

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22 Feb 2022RentedNew contract
AED 60,000/yr12 months · AED 65 per sqft
1 May 2019RentedNew contract
AED 70,000/yr12 months · AED 76 per sqft
23 Jan 2016RentedNew contract
AED 90,000/yr12 months · AED 97 per sqft
15 Sep 2013Sold by developerReady
AED 1,210,300AED 1,300 per sqft
25 Sep 2012RentedNew contract
AED 58,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 22 February 2022.

Key facts

Type
1-bed apartment
Size
931 sqft
Floor
11th of 16
Parking
P4-211
Developer
Bando Engineering & Construction Co
Completed
2011
Service charge
AED 16,700 /yr
Last sold
AED 1.21M · September 2013

About 1119, U-Bora Tower 1 (Residential)

1119 is a one-bedroom apartment of 931 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 15 September 2013 for AED 1,210,300, or AED 1,300 per sqft, 5% above the AED 1,239 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, signed on 22 February 2022, is AED 60,000 a year: a gross yield of 5.0% on the 2013 price, before the service charge of about AED 16,700 a year.

Sales and rents for 1119 over time

Sales
Unit 1119, 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, September 2013: AED 1,210,300 (AED 1,300 per sqft)

1119 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1119, 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 2012: AED 58,000 a yearNew contract, January 2016: AED 90,000 a yearNew contract, May 2019: AED 70,000 a yearNew contract, February 2022: AED 60,000 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 1119 sits

All 131 1-beds →

1119 last sold in September 2013 at AED 1,300 per sqft, 5% above what one-beds in U-Bora Tower 1 (Residential) were fetching at the time (AED 1,239). 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. 1119's AED 60,000 is at the bottom 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

1119, U-Bora Tower 1 (Residential) in numbers

  • Sold once: by Bando Engineering & Construction Co on 15 September 2013 for AED 1,210,300, or AED 1,300 per sqft.
  • Rented since September 2012 on 4 Ejari contracts, from AED 58,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2013 price is 5.0%, before a service charge of about AED 16,700 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 22 February 2022.

Questions about 1119, U-Bora Tower 1 (Residential)

What did unit 1119 last sell for?

AED 1,210,300 on 15 September 2013, sold by the developer: AED 1,300 per sqft for 931 sqft. It is the only registered sale of the unit.

What is the rent for unit 1119?

AED 60,000 a year on the contract signed on 22 February 2022. The previous contract, from May 2019, was AED 70,000; the unit has been rented since September 2012.

How big is unit 1119?

931 sqft (86.5 sqm): a one-bedroom apartment on the 11th floor of a 16-storey tower completed in 2011.

What is unit 1119 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 1119, U-Bora Tower 1 (Residential)

Starts from the last sale price (AED 1.21M, 15 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,210,300
Deposit, UAE resident (20%)
AED 242,060
Deposit, non-resident (40%)
AED 484,120
Monthly over 25 years at 3.7%
AED 4,952

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