1504, U-Bora Tower 1 (Residential)
Sold prices and rental history: sold once, by the developer in December 2013, 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 1504, U-Bora Tower 1 (Residential)
What is 1504 worth today?
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Source: Dubai Land Department. Updated 1 July 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,419 sqft
- Floor
- 15th of 16
- Parking
- P4-220
- Developer
- Bando Engineering & Construction Co
- Completed
- 2011
- Service charge
- AED 25,400 /yr
- Last sold
- AED 2.01M · December 2013
- Building
- U-Bora Tower 1 (Residential)
About 1504, U-Bora Tower 1 (Residential)
1504 is a two-bedroom apartment of 1,419 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 19 December 2013 for AED 2,014,980, or AED 1,419 per sqft, 14% above the AED 1,249 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, signed on 1 July 2026, is AED 129,000 a year: a gross yield of 6.4% on the 2013 price, before the service charge of about AED 25,400 a year.
Sales and rents for 1504 over time
1504 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 1504 sits
All 88 2-beds →1504 last sold in December 2013 at AED 1,419 per sqft, 14% above what two-beds in U-Bora Tower 1 (Residential) were fetching at the time (AED 1,249). 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. 1504's AED 129,000 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 | |
| 1503 | 2-bed | 1,913 sqft | AED 2.62MAED 2,620,810 · Aug 2014August 2014 | 120,000 /yr | |
| 1505 | 2-bed | 2,356 sqft | AED 1.33MAED 1,325,000 · Apr 2016April 2016 | 101,610 /yr |
1504, U-Bora Tower 1 (Residential) in numbers
- Sold once: by Bando Engineering & Construction Co on 19 December 2013 for AED 2,014,980, or AED 1,419 per sqft.
- Rented since January 2013 on 14 Ejari contracts. The rent fell from AED 90,000 to AED 70,000 in 2021 and recovered to AED 129,000 by July 2026.
- At AED 129,000 a year the gross yield on the 2013 price is 6.4%, before a service charge of about AED 25,400 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 1 July 2026.
Questions about 1504, U-Bora Tower 1 (Residential)
What did unit 1504 last sell for?
AED 2,014,980 on 19 December 2013, sold by the developer: AED 1,419 per sqft for 1,419 sqft. It is the only registered sale of the unit.
What is the rent for unit 1504?
AED 129,000 a year on the contract signed on 1 July 2026. The previous contract, from January 2026, was AED 131,935; the unit has been rented since January 2013.
How big is unit 1504?
1,419 sqft (131.8 sqm): a two-bedroom apartment on the 15th floor of a 16-storey tower completed in 2011.
What is unit 1504 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 1504, U-Bora Tower 1 (Residential)
Starts from the last sale price (AED 2.01M, 19 December 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 2,014,980
- Deposit, UAE resident (20%)
- AED 402,996
- Deposit, non-resident (40%)
- AED 805,992
- Monthly over 25 years at 3.7%
- AED 8,244
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →