1501, U-Bora Tower 1 (Residential)
Sold prices and rental history: sold 3 times, last in June 2023, and rented once, from August 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1501, U-Bora Tower 1 (Residential)
What is 1501 worth today?
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Source: Dubai Land Department. Updated 19 June 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 2,520 sqft
- Floor
- 15th of 16
- Parking
- P4-279,280
- Developer
- Bando Engineering & Construction Co
- Completed
- 2011
- Service charge
- AED 45,100 /yr
- Last sold
- AED 2.3M · June 2023
- Building
- U-Bora Tower 1 (Residential)
About 1501, U-Bora Tower 1 (Residential)
1501 is a three-bedroom apartment of 2,520 sqft on the 15th 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 19 June 2023 for AED 2,300,000, or AED 912 per sqft.
One Ejari contract is registered, from 1 August 2012. The current contract, signed on 1 August 2012, is AED 125,000 a year: a gross yield of 5.4% on the 2023 price, before the service charge of about AED 45,100 a year.
Sales and rents for 1501 over time
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in U-Bora Tower 1 (Residential), and where 1501 sits
All 6 3-beds →Over the last 12 months three-beds sold for AED 2,900,000, around AED 1,276 per sqft, and rent for AED 200,000 to 200,000 a year. 1501's AED 125,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Nov 202525 November 2025 | 2,271 sqft | 2,900,000 | 1,276 | ||
| 25 Jul 202525 July 2025 | 2,485 sqft | 3,050,000 | 1,227 | ||
| 22 Jan 202422 January 2024 | 2,407 sqft | 2,500,000 | 1,038 | ||
| 31 Mar 201431 March 2014 | 2,559 sqft | 3,320,000 | 1,297 |
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 15th floor
All 225 units in U-Bora Tower 1 (Residential)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1502 | 2-bed | 1,913 sqft | AED 2.85MAED 2,850,000 · May 2025May 2025 | 80,000 /yr | |
| 1503 | 2-bed | 1,913 sqft | AED 2.62MAED 2,620,810 · Aug 2014August 2014 | 120,000 /yr | |
| 1504 | 2-bed | 1,419 sqft | AED 2.01MAED 2,014,980 · Dec 2013December 2013 | 129,000 /yr | |
| 1505 | 2-bed | 2,356 sqft | AED 1.33MAED 1,325,000 · Apr 2016April 2016 | 101,610 /yr |
1501, U-Bora Tower 1 (Residential) in numbers
- Sold 3 times: first on 3 October 2013 for AED 3,276,000, last on 19 June 2023 for AED 2,300,000 (AED 912 per sqft).
- Rented since August 2012 on one Ejari contract, at AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2023 price is 5.4%, before a service charge of about AED 45,100 a year (AED 17.90 per sqft).
- Three-beds in U-Bora Tower 1 (Residential) sold for AED 2,900,000–2,900,000 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 19 June 2023.
Questions about 1501, U-Bora Tower 1 (Residential)
What did unit 1501 last sell for?
AED 2,300,000 on 19 June 2023: AED 912 per sqft for 2,520 sqft. The unit has 3 registered sales; the first was AED 3,276,000 in October 2013.
What is the rent for unit 1501?
AED 125,000 a year on the contract signed on 1 August 2012.
How big is unit 1501?
2,520 sqft (234.1 sqm): a three-bedroom apartment on the 15th floor of a 16-storey tower completed in 2011.
What is unit 1501 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in U-Bora Tower 1 (Residential) sold for AED 2,900,000 to 2,900,000 in the last 12 months, around AED 1,276 per sqft.
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Mortgage on 1501, U-Bora Tower 1 (Residential)
Starts from the last sale price (AED 2.3M, 19 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,300,000
- Deposit, UAE resident (20%)
- AED 460,000
- Deposit, non-resident (40%)
- AED 920,000
- Monthly over 25 years at 3.7%
- AED 9,410
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →