1503, U-Bora Tower 1 (Residential)
Sold prices and rental history: sold once, by the developer in August 2014, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1503, U-Bora Tower 1 (Residential)
What is 1503 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 17 November 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,913 sqft
- Floor
- 15th of 16
- Parking
- P4-219 , P4-124
- Developer
- Bando Engineering & Construction Co
- Completed
- 2011
- Service charge
- AED 34,200 /yr
- Last sold
- AED 2.62M · August 2014
- Building
- U-Bora Tower 1 (Residential)
About 1503, U-Bora Tower 1 (Residential)
1503 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. The developer sold it on 14 August 2014 for AED 2,620,810, or AED 1,370 per sqft, 10% above the AED 1,250 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, renewed on 17 November 2025, is AED 120,000 a year: a gross yield of 4.6% on the 2014 price, before the service charge of about AED 34,200 a year.
Sales and rents for 1503 over time
1503 has sold once; 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 1503 sits
All 88 2-beds →1503 last sold in August 2014 at AED 1,370 per sqft, 10% above what two-beds in U-Bora Tower 1 (Residential) were fetching at the time (AED 1,250). 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. 1503's AED 120,000 is in the lower half 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 | |
| 1502 | 2-bed | 1,913 sqft | AED 2.85MAED 2,850,000 · May 2025May 2025 | 80,000 /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 |
1503, U-Bora Tower 1 (Residential) in numbers
- Sold once: by Bando Engineering & Construction Co on 14 August 2014 for AED 2,620,810, or AED 1,370 per sqft.
- Rented since October 2012 on 13 Ejari contracts. The rent fell from AED 95,000 to AED 75,000 in 2015 and recovered to AED 120,000 by November 2025.
- At AED 120,000 a year the gross yield on the 2014 price is 4.6%, 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 17 November 2025.
Questions about 1503, U-Bora Tower 1 (Residential)
What did unit 1503 last sell for?
AED 2,620,810 on 14 August 2014, sold by the developer: AED 1,370 per sqft for 1,913 sqft. It is the only registered sale of the unit.
What is the rent for unit 1503?
AED 120,000 a year on the contract renewed on 17 November 2025. The previous contract, from November 2024, was AED 100,000; the unit has been rented since October 2012.
How big is unit 1503?
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 1503 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 1503? 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 1503, U-Bora Tower 1 (Residential)
Starts from the last sale price (AED 2.62M, 14 August 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 2,620,810
- Deposit, UAE resident (20%)
- AED 524,162
- Deposit, non-resident (40%)
- AED 1,048,324
- 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 →