2-bed · 3,499 sqftU-Bora Tower 1 (Residential), Business Bay · 12th floor · completed 2011

1206, U-Bora Tower 1 (Residential)

Sold prices and rental history: sold twice, last in August 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1206 · DLD and Ejari recordsUpdated 10 April 2026
Last soldAED 3.1M21 August 2014
Current rentAED 130K /yr10 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1206, U-Bora Tower 1 (Residential)

What is 1206 worth today?

Last sold for AED 3,100,000 in 2014

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10 Apr 2026RentedRenewal
AED 130,405/yr4 months · AED 37 per sqft
10 Apr 2025RentedRenewal
AED 130,000/yr12 months · AED 37 per sqft
10 Apr 2024RentedRenewal
AED 130,000/yr12 months · AED 37 per sqft
10 Apr 2023RentedNew contract
AED 130,000/yr12 months · AED 37 per sqft
11 Apr 2021RentedRenewal
AED 105,000/yr12 months · AED 30 per sqft
1 Jul 2020RentedRenewal
AED 120,000/yr9 months · AED 34 per sqft
1 Jul 2019RentedRenewal
AED 120,000/yr12 months · AED 34 per sqft
1 Jul 2018RentedNew contract
AED 128,000/yr12 months · AED 37 per sqft

Source: Dubai Land Department. Updated 10 April 2026.

Key facts

Type
2-bed apartment
Size
3,499 sqft
Floor
12th of 16
Parking
P4-292
Developer
Bando Engineering & Construction Co
Completed
2011
Service charge
AED 62,600 /yr
Last sold
AED 3.1M · August 2014

About 1206, U-Bora Tower 1 (Residential)

1206 is a two-bedroom apartment of 3,499 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 21 August 2014 for AED 3,100,000, or AED 885 per sqft, 29% below the AED 1,250 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 10 April 2026, is AED 130,405 a year: a gross yield of 4.2% on the 2014 price, before the service charge of about AED 62,600 a year.

Sales and rents for 1206 over time

Sales
Unit 1206, each saleTypical two-bed in U-Bora Tower 1 (Residential)
1M2M3M2009201420192024Typical 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 by developer, April 2014: AED 2,804,602 (AED 801 per sqft)Sold, August 2014: AED 3,100,000 (AED 885 per sqft)

1206 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1206, each contractTypical two-bed in U-Bora Tower 1 (Residential)
100K150K2012201620202024Typical 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, May 2013: AED 100,000 a yearNew contract, July 2018: AED 128,000 a yearRenewal, July 2019: AED 120,000 a yearRenewal, July 2020: AED 120,000 a yearRenewal, April 2021: AED 105,000 a yearNew contract, April 2023: AED 130,000 a yearRenewal, April 2024: AED 130,000 a yearRenewal, April 2025: AED 130,000 a yearRenewal, April 2026: AED 130,405 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 1206 sits

All 88 2-beds →

1206 last sold in August 2014 at AED 885 per sqft, 29% below what two-beds in U-Bora Tower 1 (Residential) were fetching at the time (AED 1,250). 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. 1206's AED 130,405 is in the lower half 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
12012-bedAED 2M · Jan 2020
12021-bedAED 1.18M · Jun 2025
12032-bedAED 2.85M · May 2025
12042-bedAED 2.24M · May 2026
12052-bedAED 3.05M · Feb 2025
12072-bedAED 2.17M · Jan 2014
12082-bedAED 2.8M · Jun 2014

1206, U-Bora Tower 1 (Residential) in numbers

  • Sold twice: first on 21 April 2014 for AED 2,804,602, last on 21 August 2014 for AED 3,100,000 (AED 885 per sqft).
  • Rented since May 2013 on 9 Ejari contracts, from AED 100,000 to AED 130,405 a year.
  • At AED 130,405 a year the gross yield on the 2014 price is 4.2%, before a service charge of about AED 62,600 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 April 2026.

Questions about 1206, U-Bora Tower 1 (Residential)

What did unit 1206 last sell for?

AED 3,100,000 on 21 August 2014: AED 885 per sqft for 3,499 sqft. The unit has 2 registered sales; the first was AED 2,804,602 in April 2014.

What is the rent for unit 1206?

AED 130,405 a year on the contract renewed on 10 April 2026. The previous contract, from April 2025, was AED 130,000; the unit has been rented since May 2013.

How big is unit 1206?

3,499 sqft (325.1 sqm): a two-bedroom apartment on the 12th floor of a 16-storey tower completed in 2011.

What is unit 1206 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 1206, U-Bora Tower 1 (Residential)

Starts from the last sale price (AED 3.1M, 21 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,100,000
Deposit, UAE resident (20%)
AED 620,000
Deposit, non-resident (40%)
AED 1,240,000
Monthly over 25 years at 3.7%
AED 12,683

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