1502, U-Bora Tower 1 (Residential)
Sold prices and rental history: sold twice, last in May 2025, 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 1502, U-Bora Tower 1 (Residential)
What is 1502 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 9 May 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,913 sqft
- Floor
- 15th of 16
- Parking
- P4-106 . P4-003
- Developer
- Bando Engineering & Construction Co
- Completed
- 2011
- Service charge
- AED 34,200 /yr
- Last sold
- AED 2.85M · May 2025
- Building
- U-Bora Tower 1 (Residential)
About 1502, U-Bora Tower 1 (Residential)
1502 is a two-bedroom apartment of 1,913 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 9 May 2025 for AED 2,850,000, or AED 1,489 per sqft, 31% above the AED 1,134 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 23 December 2021, is AED 80,000 a year: a gross yield of 2.8% on the 2025 price, before the service charge of about AED 34,200 a year.
Sales and rents for 1502 over time
1502 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 1502 sits
All 88 2-beds →1502 last sold in May 2025 at AED 1,489 per sqft, 31% above what two-beds in U-Bora Tower 1 (Residential) were fetching at the time (AED 1,134). 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. 1502's AED 80,000 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 15th floor
All 225 units in U-Bora Tower 1 (Residential)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 3-bed | 2,520 sqft | AED 2.3MAED 2,300,000 · Jun 2023June 2023 | 125,000 /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 |
1502, U-Bora Tower 1 (Residential) in numbers
- Sold twice: first on 21 October 2014 for AED 2,600,000, last on 9 May 2025 for AED 2,850,000 (AED 1,489 per sqft).
- Rented since July 2013 on 4 Ejari contracts, from AED 105,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2025 price is 2.8%, before a service charge of about AED 34,200 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 9 May 2025.
Questions about 1502, U-Bora Tower 1 (Residential)
What did unit 1502 last sell for?
AED 2,850,000 on 9 May 2025: AED 1,489 per sqft for 1,913 sqft. The unit has 2 registered sales; the first was AED 2,600,000 in October 2014.
What is the rent for unit 1502?
AED 80,000 a year on the contract signed on 23 December 2021. The previous contract, from December 2020, was AED 80,000; the unit has been rented since July 2013.
How big is unit 1502?
1,913 sqft (177.7 sqm): a two-bedroom apartment on the 15th floor of a 16-storey tower completed in 2011.
What is unit 1502 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.
Selling 1502? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1502, U-Bora Tower 1 (Residential)
Starts from the last sale price (AED 2.85M, 9 May 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,850,000
- Deposit, UAE resident (20%)
- AED 570,000
- Deposit, non-resident (40%)
- AED 1,140,000
- Monthly over 25 years at 3.7%
- AED 11,660
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →