1208, U-Bora Tower 1 (Residential)
Sold prices and rental history: sold once, by the developer in June 2014, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1208, U-Bora Tower 1 (Residential)
What is 1208 worth today?
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Source: Dubai Land Department. Updated 1 March 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 2,134 sqft
- Floor
- 12th of 16
- Parking
- P4-281
- Developer
- Bando Engineering & Construction Co
- Completed
- 2011
- Service charge
- AED 38,200 /yr
- Last sold
- AED 2.8M · June 2014
- Building
- U-Bora Tower 1 (Residential)
About 1208, U-Bora Tower 1 (Residential)
1208 is a two-bedroom apartment of 2,134 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 10 June 2014 for AED 2,795,540, or AED 1,309 per sqft, 5% above the AED 1,249 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 1 March 2026, is AED 128,700 a year: a gross yield of 4.6% on the 2014 price, before the service charge of about AED 38,200 a year.
Sales and rents for 1208 over time
1208 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 1208 sits
All 88 2-beds →1208 last sold in June 2014 at AED 1,309 per sqft, 5% above what two-beds in U-Bora Tower 1 (Residential) were fetching at the time (AED 1,249). 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. 1208's AED 128,700 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 | |
| 1207 | 2-bed | 2,613 sqft | AED 2.17MAED 2,169,654 · Jan 2014January 2014 | 121,000 /yr |
1208, U-Bora Tower 1 (Residential) in numbers
- Sold once: by Bando Engineering & Construction Co on 10 June 2014 for AED 2,795,540, or AED 1,309 per sqft.
- Rented since September 2012 on 8 Ejari contracts, from AED 95,000 to AED 128,700 a year.
- At AED 128,700 a year the gross yield on the 2014 price is 4.6%, before a service charge of about AED 38,200 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 1 March 2026.
Questions about 1208, U-Bora Tower 1 (Residential)
What did unit 1208 last sell for?
AED 2,795,540 on 10 June 2014, sold by the developer: AED 1,309 per sqft for 2,134 sqft. It is the only registered sale of the unit.
What is the rent for unit 1208?
AED 128,700 a year on the contract renewed on 1 March 2026. The previous contract, from March 2025, was AED 117,000; the unit has been rented since September 2012.
How big is unit 1208?
2,134 sqft (198.3 sqm): a two-bedroom apartment on the 12th floor of a 16-storey tower completed in 2011.
What is unit 1208 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 1208, U-Bora Tower 1 (Residential)
Starts from the last sale price (AED 2.8M, 10 June 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 2,795,540
- Deposit, UAE resident (20%)
- AED 559,108
- Deposit, non-resident (40%)
- AED 1,118,216
- Monthly over 25 years at 3.7%
- AED 11,437
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →