2-bed · 1,975 sqftU-Bora Tower 1 (Residential), Business Bay · 13th floor · completed 2011

1303, U-Bora Tower 1 (Residential)

Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1303 · DLD and Ejari recordsUpdated 1 April 2025
Last soldAED 2.62M11 December 2012
Current rentAED 110K /yr1 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1303, U-Bora Tower 1 (Residential)

What is 1303 worth today?

Last sold for AED 2,620,985 in 2012

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1 Apr 2025RentedRenewal
AED 110,250/yr12 months · AED 56 per sqft
1 Apr 2025RentedRenewal
AED 110,250/yr12 months · AED 56 per sqft
1 Apr 2024RentedRenewal
AED 105,000/yr12 months · AED 53 per sqft
1 Apr 2023RentedRenewal
AED 100,000/yr12 months · AED 51 per sqft
1 Apr 2022RentedNew contract
AED 95,000/yr12 months · AED 48 per sqft
1 Apr 2019RentedNew contract
AED 110,000/yr12 months · AED 56 per sqft
17 Sep 2017RentedRenewal
AED 140,000/yr12 months · AED 71 per sqft
17 Sep 2016RentedNew contract
AED 140,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 1 April 2025.

Key facts

Type
2-bed apartment
Size
1,975 sqft
Floor
13th of 16
Parking
P4-075
Developer
Bando Engineering & Construction Co
Completed
2011
Service charge
AED 35,400 /yr
Last sold
AED 2.62M · December 2012

About 1303, U-Bora Tower 1 (Residential)

1303 is a two-bedroom apartment of 1,975 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 11 December 2012 for AED 2,620,985, or AED 1,327 per sqft, in line with the AED 1,290 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 1 April 2025, is AED 110,250 a year: a gross yield of 4.2% on the 2012 price, before the service charge of about AED 35,400 a year.

Sales and rents for 1303 over time

Sales
Unit 1303, 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, June 2009: AED 2,620,985 (AED 1,327 per sqft)Sold, December 2012: AED 2,620,985 (AED 1,327 per sqft)

1303 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1303, 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 2013: AED 90,000 a yearNew contract, August 2014: AED 150,000 a yearNew contract, August 2015: AED 150,000 a yearNew contract, September 2016: AED 140,000 a yearRenewal, September 2017: AED 140,000 a yearNew contract, April 2019: AED 110,000 a yearNew contract, April 2022: AED 95,000 a yearRenewal, April 2023: AED 100,000 a yearRenewal, April 2024: AED 105,000 a yearRenewal, April 2025: AED 110,250 a yearRenewal, April 2025: AED 110,250 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 1303 sits

All 88 2-beds →

1303 last sold in December 2012 at AED 1,327 per sqft, in line with what two-beds in U-Bora Tower 1 (Residential) were fetching at the time (AED 1,290). 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. 1303's AED 110,250 is at the bottom 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
13012-bedAED 1.35M · May 2016
13021-bedAED 1.1M · Oct 2025
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

1303, U-Bora Tower 1 (Residential) in numbers

  • Sold twice: first on 3 June 2009 for AED 2,620,985, last on 11 December 2012 for AED 2,620,985 (AED 1,327 per sqft).
  • Rented since July 2013 on 11 Ejari contracts, from AED 90,000 to AED 110,250 a year.
  • At AED 110,250 a year the gross yield on the 2012 price is 4.2%, before a service charge of about AED 35,400 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 1 April 2025.

Questions about 1303, U-Bora Tower 1 (Residential)

What did unit 1303 last sell for?

AED 2,620,985 on 11 December 2012: AED 1,327 per sqft for 1,975 sqft. The unit has 2 registered sales; the first was AED 2,620,985 in June 2009.

What is the rent for unit 1303?

AED 110,250 a year on the contract renewed on 1 April 2025. The previous contract, from April 2025, was AED 110,250; the unit has been rented since July 2013.

How big is unit 1303?

1,975 sqft (183.5 sqm): a two-bedroom apartment on the 13th floor of a 16-storey tower completed in 2011.

What is unit 1303 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 1303, U-Bora Tower 1 (Residential)

Starts from the last sale price (AED 2.62M, 11 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,620,985
Deposit, UAE resident (20%)
AED 524,197
Deposit, non-resident (40%)
AED 1,048,394
Monthly over 25 years at 3.7%
AED 10,723

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