1408, U-Bora Tower 1 (Residential)
Sold prices and rental history: sold 3 times, last in June 2021, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1408, U-Bora Tower 1 (Residential)
What is 1408 worth today?
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Source: Dubai Land Department. Updated 30 June 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 2,278 sqft
- Floor
- 14th of 16
- Parking
- P4-228
- Developer
- Bando Engineering & Construction Co
- Completed
- 2011
- Service charge
- AED 40,800 /yr
- Last sold
- AED 1.89M · June 2021
- Building
- U-Bora Tower 1 (Residential)
About 1408, U-Bora Tower 1 (Residential)
1408 is a two-bedroom apartment of 2,278 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 30 June 2021 for AED 1,894,695, or AED 831 per sqft, 12% above the AED 739 two-beds in the building were fetching at the time.
It has been rented since 2012 on 2 Ejari contracts. The current contract, renewed on 23 September 2013, is AED 90,000 a year: a gross yield of 4.8% on the 2021 price, before the service charge of about AED 40,800 a year.
Sales and rents for 1408 over time
1408 has sold 3 times; 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 1408 sits
All 88 2-beds →1408 last sold in June 2021 at AED 831 per sqft, 12% above what two-beds in U-Bora Tower 1 (Residential) were fetching at the time (AED 739). 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. 1408's AED 90,000 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 | |
| 1406 | 2-bed | 2,083 sqft | AED 2.1MAED 2,100,000 · Jul 2024July 2024 | 105,258 /yr | |
| 1407 | 2-bed | 1,504 sqft | AED 1.13MAED 1,128,000 · Feb 2014February 2014 | 60,000 /yr |
1408, U-Bora Tower 1 (Residential) in numbers
- Sold 3 times: first on 22 April 2015 for AED 3,000,000, last on 30 June 2021 for AED 1,894,695 (AED 831 per sqft).
- Rented since September 2012 on 2 Ejari contracts, at AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2021 price is 4.8%, before a service charge of about AED 40,800 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 30 June 2021.
Questions about 1408, U-Bora Tower 1 (Residential)
What did unit 1408 last sell for?
AED 1,894,695 on 30 June 2021: AED 831 per sqft for 2,278 sqft. The unit has 3 registered sales; the first was AED 3,000,000 in April 2015.
What is the rent for unit 1408?
AED 90,000 a year on the contract renewed on 23 September 2013. The previous contract, from September 2012, was AED 90,000.
How big is unit 1408?
2,278 sqft (211.6 sqm): a two-bedroom apartment on the 14th floor of a 16-storey tower completed in 2011.
What is unit 1408 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 1408, U-Bora Tower 1 (Residential)
Starts from the last sale price (AED 1.89M, 30 June 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,894,695
- Deposit, UAE resident (20%)
- AED 378,939
- Deposit, non-resident (40%)
- AED 757,878
- Monthly over 25 years at 3.7%
- AED 7,752
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →