1207, U-Bora Tower 1 (Residential)
Sold prices and rental history: sold once, by the developer in January 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1207, U-Bora Tower 1 (Residential)
What is 1207 worth today?
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Source: Dubai Land Department. Updated 8 December 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 2,613 sqft
- Floor
- 12th of 16
- Parking
- P4-293
- Developer
- Bando Engineering & Construction Co
- Completed
- 2011
- Service charge
- AED 46,800 /yr
- Last sold
- AED 2.17M · January 2014
- Building
- U-Bora Tower 1 (Residential)
About 1207, U-Bora Tower 1 (Residential)
1207 is a two-bedroom apartment of 2,613 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. The developer sold it on 5 January 2014 for AED 2,169,654, or AED 830 per sqft, 33% below the AED 1,245 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 8 December 2024, is AED 121,000 a year: a gross yield of 5.6% on the 2014 price, before the service charge of about AED 46,800 a year.
Sales and rents for 1207 over time
1207 has sold once; the dashed line is the two-bed median of each year in the building.
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 1207 sits
All 88 2-beds →1207 last sold in January 2014 at AED 830 per sqft, 33% below what two-beds in U-Bora Tower 1 (Residential) were fetching at the time (AED 1,245). 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. 1207's AED 121,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Oct 202615 October 2026 | 1,564 sqft | 2,065,000 | 1,320 | ||
| 12 May 202612 May 2026 | 3,499 sqft | 2,240,000 | 640 | ||
| 31 Mar 202631 March 2026 | 1,683 sqft | 2,300,000 | 1,366 | ||
| 18 Feb 202618 February 2026 | 1,564 sqft | 1,875,000 | 1,198 |
U-Bora Tower 1 (Residential)
Building225 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%
Other units on the 12th floor
All 225 units in U-Bora Tower 1 (Residential)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 4,547 sqft | AED 2MAED 2,000,000 · Jan 2020January 2020 | 400,000 /yr | |
| 1202 | 1-bed | 2,118 sqft | AED 1.18MAED 1,180,000 · Jun 2025June 2025 | 100,000 /yr | |
| 1203 | 2-bed | 3,037 sqft | AED 2.85MAED 2,850,000 · May 2025May 2025 | 10,000 /yr | |
| 1204 | 2-bed | 3,499 sqft | AED 2.24MAED 2,240,000 · May 2026May 2026 | 140,000 /yr | |
| 1205 | 2-bed | 3,499 sqft | AED 3.05MAED 3,050,000 · Feb 2025February 2025 | 166,400 /yr | |
| 1206 | 2-bed | 3,499 sqft | AED 3.1MAED 3,100,000 · Aug 2014August 2014 | 130,405 /yr | |
| 1208 | 2-bed | 2,134 sqft | AED 2.8MAED 2,795,540 · Jun 2014June 2014 | 128,700 /yr |
1207, U-Bora Tower 1 (Residential) in numbers
- Sold once: by Bando Engineering & Construction Co on 5 January 2014 for AED 2,169,654, or AED 830 per sqft.
- Rented since January 2013 on 10 Ejari contracts. The rent fell from AED 95,000 to AED 66,000 in 2018 and recovered to AED 121,000 by December 2024.
- At AED 121,000 a year the gross yield on the 2014 price is 5.6%, before a service charge of about AED 46,800 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 8 December 2024.
Questions about 1207, U-Bora Tower 1 (Residential)
What did unit 1207 last sell for?
AED 2,169,654 on 5 January 2014, sold by the developer: AED 830 per sqft for 2,613 sqft. It is the only registered sale of the unit.
What is the rent for unit 1207?
AED 121,000 a year on the contract renewed on 8 December 2024. The previous contract, from December 2024, was AED 121,000; the unit has been rented since January 2013.
How big is unit 1207?
2,613 sqft (242.8 sqm): a two-bedroom apartment on the 12th floor of a 16-storey tower completed in 2011.
What is unit 1207 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 1207, U-Bora Tower 1 (Residential)
Starts from the last sale price (AED 2.17M, 5 January 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 2,169,654
- Deposit, UAE resident (20%)
- AED 433,931
- Deposit, non-resident (40%)
- AED 867,862
- Monthly over 25 years at 3.7%
- AED 8,877
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →