2-bed · 4,547 sqftU-Bora Tower 1 (Residential), Business Bay · 12th floor · completed 2011

1201, U-Bora Tower 1 (Residential)

Sold prices and rental history: sold 4 times, last in January 2020, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1201 · DLD and Ejari recordsUpdated 10 March 2025
Last soldAED 2M7 January 2020
Current rentAED 400K /yr10 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1201, U-Bora Tower 1 (Residential)

What is 1201 worth today?

Last sold for AED 2,000,000 in 2020

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10 Mar 2025RentedNew contract
AED 400,000/yr12 months · AED 88 per sqft
10 Mar 2025RentedNew contract
AED 400,000/yr12 months · AED 88 per sqft
7 Jan 2020SoldReady
AED 2,000,000AED 439 per sqft
7 Jul 2019RentedNew contract
AED 125,000/yr12 months · AED 28 per sqft
14 Nov 2018SoldReady · flagged as an outlier
AED 1,800,000AED 395 per sqft
25 Nov 2012SoldReady
AED 5,001,700AED 1,099 per sqft
11 Nov 2012Sold by developerReady
AED 2,274,520AED 500 per sqft

Source: Dubai Land Department. Updated 10 March 2025.

Key facts

Type
2-bed apartment
Size
4,547 sqft
Floor
12th of 16
Parking
P4-070
Developer
Bando Engineering & Construction Co
Completed
2011
Service charge
AED 81,400 /yr
Last sold
AED 2M · January 2020

About 1201, U-Bora Tower 1 (Residential)

1201 is a two-bedroom apartment of 4,547 sqft on the 12th 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 7 January 2020 for AED 2,000,000, or AED 439 per sqft.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 10 March 2025, is AED 400,000 a year: a gross yield of 20.0% on the 2020 price, before the service charge of about AED 81,400 a year.

Sales and rents for 1201 over time

Sales
Unit 1201, each saleTypical two-bed in U-Bora Tower 1 (Residential)
2M4M2009201420192024Typical 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, November 2012: AED 5,001,700 (AED 1,099 per sqft)Sold by developer, November 2012: AED 2,274,520 (AED 500 per sqft)Sold, January 2020: AED 2,000,000 (AED 439 per sqft)

1201 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1201, each contractTypical two-bed in U-Bora Tower 1 (Residential)
200K400K2012201620202024Typical 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, July 2019: AED 125,000 a yearNew contract, March 2025: AED 400,000 a yearNew contract, March 2025: AED 400,000 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 1201 sits

All 88 2-beds →

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. 1201's AED 400,000 is at the top 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 →
Value
12021-bedAED 1.18M · Jun 2025
12032-bedAED 2.85M · May 2025
12042-bedAED 2.24M · May 2026
12052-bedAED 3.05M · Feb 2025
12062-bedAED 3.1M · Aug 2014
12072-bedAED 2.17M · Jan 2014
12082-bedAED 2.8M · Jun 2014

1201, U-Bora Tower 1 (Residential) in numbers

  • Sold 4 times: first on 11 November 2012 for AED 2,274,520, last on 7 January 2020 for AED 2,000,000 (AED 439 per sqft).
  • Rented since July 2019 on 3 Ejari contracts, from AED 125,000 to AED 400,000 a year.
  • At AED 400,000 a year the gross yield on the 2020 price is 20.0%, before a service charge of about AED 81,400 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 10 March 2025.

Questions about 1201, U-Bora Tower 1 (Residential)

What did unit 1201 last sell for?

AED 2,000,000 on 7 January 2020: AED 439 per sqft for 4,547 sqft. The unit has 4 registered sales; the first was AED 2,274,520 in November 2012.

What is the rent for unit 1201?

AED 400,000 a year on the contract signed on 10 March 2025. The previous contract, from March 2025, was AED 400,000; the unit has been rented since July 2019.

How big is unit 1201?

4,547 sqft (422.4 sqm): a two-bedroom apartment on the 12th floor of a 16-storey tower completed in 2011.

What is unit 1201 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 1201, U-Bora Tower 1 (Residential)

Starts from the last sale price (AED 2M, 7 January 2020). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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