2-bed · 2,057 sqftU-Bora Tower 1 (Residential), Business Bay · 13th floor · completed 2011

1301, U-Bora Tower 1 (Residential)

Sold prices and rental history: sold twice, last in May 2016, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1301 · DLD and Ejari recordsUpdated 15 October 2026
Last soldAED 1.35M18 May 2016
Current rentAED 137K /yr15 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1301, U-Bora Tower 1 (Residential)

What is 1301 worth today?

Last sold for AED 1,350,000 in 2016

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15 Oct 2026RentedRenewal
AED 137,000/yr12 months · AED 67 per sqft
15 Oct 2025RentedRenewal
AED 136,453/yr7 months · AED 66 per sqft
15 Oct 2024RentedNew contract
AED 137,000/yr12 months · AED 67 per sqft
15 Sep 2023RentedNew contract
AED 130,000/yr12 months · AED 63 per sqft
18 May 2016SoldReady
AED 1,350,000AED 656 per sqft
8 Mar 2015Sold by developerReady
AED 1,337,050AED 650 per sqft
1 Mar 2015RentedNew contract
AED 153,036/yr12 months · AED 74 per sqft
30 Aug 2013RentedRenewal
AED 89,011/yr12 months · AED 43 per sqft

Source: Dubai Land Department. Updated 15 October 2026.

Key facts

Type
2-bed apartment
Size
2,057 sqft
Floor
13th of 16
Parking
P4-073
Developer
Bando Engineering & Construction Co
Completed
2011
Service charge
AED 36,800 /yr
Last sold
AED 1.35M · May 2016

About 1301, U-Bora Tower 1 (Residential)

1301 is a two-bedroom apartment of 2,057 sqft on the 13th 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 18 May 2016 for AED 1,350,000, or AED 656 per sqft, in line with the AED 656 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, renewed on 15 October 2026, is AED 137,000 a year: a gross yield of 10.2% on the 2016 price, before the service charge of about AED 36,800 a year.

Sales and rents for 1301 over time

Sales
Unit 1301, each saleTypical two-bed in U-Bora Tower 1 (Residential)
1M2M2009201420192024Typical 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, March 2015: AED 1,337,050 (AED 650 per sqft)Sold, May 2016: AED 1,350,000 (AED 656 per sqft)

1301 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1301, 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, July 2012: AED 85,002 a yearRenewal, August 2013: AED 89,011 a yearNew contract, March 2015: AED 153,036 a yearNew contract, September 2023: AED 130,000 a yearNew contract, October 2024: AED 137,000 a yearRenewal, October 2025: AED 136,453 a yearRenewal, October 2026: AED 137,000 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 1301 sits

All 88 2-beds →

1301 last sold in May 2016 at AED 656 per sqft, in line with what two-beds in U-Bora Tower 1 (Residential) were fetching at the time (AED 656). 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. 1301's AED 137,000 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
13021-bedAED 1.1M · Oct 2025
13032-bedAED 2.62M · Dec 2012
13042-bedAED 3M · Mar 2025
13052-bedAED 2.77M · Mar 2014
13062-bedAED 2.74M · May 2014
13072-bedAED 1.83M · Dec 2017
13082-bedAED 2.91M · Jun 2014

1301, U-Bora Tower 1 (Residential) in numbers

  • Sold twice: first on 8 March 2015 for AED 1,337,050, last on 18 May 2016 for AED 1,350,000 (AED 656 per sqft).
  • Rented since July 2012 on 7 Ejari contracts, from AED 85,002 to AED 137,000 a year.
  • At AED 137,000 a year the gross yield on the 2016 price is 10.2%, before a service charge of about AED 36,800 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 15 October 2026.

Questions about 1301, U-Bora Tower 1 (Residential)

What did unit 1301 last sell for?

AED 1,350,000 on 18 May 2016: AED 656 per sqft for 2,057 sqft. The unit has 2 registered sales; the first was AED 1,337,050 in March 2015.

What is the rent for unit 1301?

AED 137,000 a year on the contract renewed on 15 October 2026. The previous contract, from October 2025, was AED 136,453; the unit has been rented since July 2012.

How big is unit 1301?

2,057 sqft (191.1 sqm): a two-bedroom apartment on the 13th floor of a 16-storey tower completed in 2011.

What is unit 1301 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 1301, U-Bora Tower 1 (Residential)

Starts from the last sale price (AED 1.35M, 18 May 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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