1406, U-Bora Tower 1 (Residential)
Sold prices and rental history: sold twice, last in July 2024, 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 1406, U-Bora Tower 1 (Residential)
What is 1406 worth today?
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Source: Dubai Land Department. Updated 26 July 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 2,083 sqft
- Floor
- 14th of 16
- Parking
- P4-218
- Developer
- Bando Engineering & Construction Co
- Completed
- 2011
- Service charge
- AED 37,300 /yr
- Last sold
- AED 2.1M · July 2024
- Building
- U-Bora Tower 1 (Residential)
About 1406, U-Bora Tower 1 (Residential)
1406 is a two-bedroom apartment of 2,083 sqft on the 14th 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 26 July 2024 for AED 2,100,000, or AED 1,008 per sqft, 3% below the AED 1,040 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 13 March 2024, is AED 105,258 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 37,300 a year.
Sales and rents for 1406 over time
1406 has sold twice; 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 1406 sits
All 88 2-beds →1406 last sold in July 2024 at AED 1,008 per sqft, 3% below what two-beds in U-Bora Tower 1 (Residential) were fetching at the time (AED 1,040). 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. 1406's AED 105,258 is at the bottom 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 14th floor
All 225 units in U-Bora Tower 1 (Residential)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 2-bed | 2,057 sqft | AED 1.34MAED 1,337,050 · Feb 2015February 2015 | ||
| 1402 | 1-bed | 1,056 sqft | AED 1.31MAED 1,310,000 · Jan 2026January 2026 | 105,000 /yr | |
| 1403 | 2-bed | 1,974 sqft | AED 2.6MAED 2,600,000 · Mar 2015March 2015 | 90,000 /yr | |
| 1404 | 2-bed | 2,082 sqft | AED 2.1MAED 2,100,000 · Jun 2024June 2024 | 110,000 /yr | |
| 1405 | 2-bed | 2,083 sqft | AED 2.56MAED 2,556,807 · Oct 2025October 2025 | 98,175 /yr | |
| 1407 | 2-bed | 1,504 sqft | AED 1.13MAED 1,128,000 · Feb 2014February 2014 | 60,000 /yr | |
| 1408 | 2-bed | 2,278 sqft | AED 1.89MAED 1,894,695 · Jun 2021June 2021 | 90,000 /yr |
1406, U-Bora Tower 1 (Residential) in numbers
- Sold twice: first on 6 April 2014 for AED 2,812,050, last on 26 July 2024 for AED 2,100,000 (AED 1,008 per sqft).
- Rented since January 2013 on 10 Ejari contracts, from AED 95,000 to AED 105,258 a year.
- At AED 105,258 a year the gross yield on the 2024 price is 5.0%, before a service charge of about AED 37,300 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 26 July 2024.
Questions about 1406, U-Bora Tower 1 (Residential)
What did unit 1406 last sell for?
AED 2,100,000 on 26 July 2024: AED 1,008 per sqft for 2,083 sqft. The unit has 2 registered sales; the first was AED 2,812,050 in April 2014.
What is the rent for unit 1406?
AED 105,258 a year on the contract renewed on 13 March 2024. The previous contract, from March 2023, was AED 100,000; the unit has been rented since January 2013.
How big is unit 1406?
2,083 sqft (193.5 sqm): a two-bedroom apartment on the 14th floor of a 16-storey tower completed in 2011.
What is unit 1406 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 1406, U-Bora Tower 1 (Residential)
Starts from the last sale price (AED 2.1M, 26 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,100,000
- Deposit, UAE resident (20%)
- AED 420,000
- Deposit, non-resident (40%)
- AED 840,000
- Monthly over 25 years at 3.7%
- AED 8,592
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →