2-bed · 1,966 sqftU-Bora Tower 1 (Residential), Business Bay · 2nd floor · completed 2011

207, U-Bora Tower 1 (Residential)

Sold prices and rental history: sold twice, last in December 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 207 · DLD and Ejari recordsUpdated 3 December 2024
Last soldAED 1.94M3 December 2024
Current rentAED 150K /yr16 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 207, U-Bora Tower 1 (Residential)

What is 207 worth today?

Last sold for AED 1,940,000 in 2024

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3 Dec 2024SoldReady
AED 1,940,000AED 986 per sqft
16 Jan 2024RentedNew contract
AED 150,000/yr12 months · AED 76 per sqft
20 Jan 2023RentedNew contract
AED 120,000/yr12 months · AED 61 per sqft
15 Dec 2020RentedRenewal
AED 80,000/yr12 months · AED 41 per sqft
15 Dec 2019RentedNew contract
AED 90,000/yr12 months · AED 46 per sqft
5 Dec 2018RentedRenewal
AED 125,000/yr12 months · AED 63 per sqft
5 Dec 2017RentedNew contract
AED 128,000/yr12 months · AED 65 per sqft
1 Sep 2017RentedNew contract
AED 130,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 3 December 2024.

Key facts

Type
2-bed apartment
Size
1,966 sqft
Floor
2nd of 16
Parking
P4-026
Developer
Bando Engineering & Construction Co
Completed
2011
Service charge
AED 35,200 /yr
Last sold
AED 1.94M · December 2024

About 207, U-Bora Tower 1 (Residential)

207 is a two-bedroom apartment of 1,966 sqft on the 2nd 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 3 December 2024 for AED 1,940,000, or AED 986 per sqft, 12% below the AED 1,119 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 16 January 2024, is AED 150,000 a year: a gross yield of 7.7% on the 2024 price, before the service charge of about AED 35,200 a year.

Sales and rents for 207 over time

Sales
Unit 207, each saleTypical two-bed in U-Bora Tower 1 (Residential)
1M2M2009201420192024Typical sale price by year: 2009 AED 2,620,985; 2012 AED 2,447,753; 2013 AED 1,976,135; 2014 AED 2,610,405; 2015 AED 2,200,000; 2016 AED 1,350,000; 2017 AED 1,825,000; 2020 AED 1,200,000; 2021 AED 1,525,000; 2022 AED 1,260,000; 2023 AED 1,550,000; 2024 AED 1,875,000; 2025 AED 2,428,404; 2026 AED 2,152,500Sold by developer, February 2014: AED 2,398,520 (AED 1,219 per sqft)Sold, December 2024: AED 1,940,000 (AED 986 per sqft)

207 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 207, each contractTypical two-bed in U-Bora Tower 1 (Residential)
100K150K2012201620202024Typical rent by year: 2012 AED 86,001; 2013 AED 90,000; 2014 AED 150,000; 2015 AED 150,000; 2016 AED 140,000; 2017 AED 130,000; 2018 AED 120,000; 2019 AED 110,000; 2020 AED 80,000; 2021 AED 84,000; 2022 AED 93,500; 2023 AED 105,000; 2024 AED 120,000; 2025 AED 136,453; 2026 AED 137,000New contract, June 2012: AED 80,000 a yearRenewal, June 2013: AED 85,000 a yearNew contract, September 2017: AED 130,000 a yearNew contract, December 2017: AED 128,000 a yearRenewal, December 2018: AED 125,000 a yearNew contract, December 2019: AED 90,000 a yearRenewal, December 2020: AED 80,000 a yearNew contract, January 2023: AED 120,000 a yearNew contract, January 2024: AED 150,000 a year

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 207 sits

All 88 2-beds →

207 last sold in December 2024 at AED 986 per sqft, 12% below what two-beds in U-Bora Tower 1 (Residential) were fetching at the time (AED 1,119). 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. 207's AED 150,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 Oct 20262,065,000
12 May 20262,240,000
31 Mar 20262,300,000
18 Feb 20261,875,000
4 2-bed sales in the last 12 months

U-Bora Tower 1 (Residential)

Building

225 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%
U-Bora Tower 1 (Residential), Business Bay: prices, sales and rents →
Value
2011-bedAED 880K · Nov 2022
2021-bedAED 960K · Oct 2025
2031-bedAED 1.56M · Mar 2014
2041-bedAED 1.06M · Jun 2024
2051-bedAED 1.13M · Nov 2024
2061-bedAED 1.22M · Jun 2023
2082-bedAED 1.23M · Sep 2022
1–7 of 15

207, U-Bora Tower 1 (Residential) in numbers

  • Sold twice: first on 2 February 2014 for AED 2,398,520, last on 3 December 2024 for AED 1,940,000 (AED 986 per sqft).
  • Rented since June 2012 on 9 Ejari contracts, from AED 80,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2024 price is 7.7%, before a service charge of about AED 35,200 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 3 December 2024.

Questions about 207, U-Bora Tower 1 (Residential)

What did unit 207 last sell for?

AED 1,940,000 on 3 December 2024: AED 986 per sqft for 1,966 sqft. The unit has 2 registered sales; the first was AED 2,398,520 in February 2014.

What is the rent for unit 207?

AED 150,000 a year on the contract signed on 16 January 2024. The previous contract, from January 2023, was AED 120,000; the unit has been rented since June 2012.

How big is unit 207?

1,966 sqft (182.6 sqm): a two-bedroom apartment on the 2nd floor of a 16-storey tower completed in 2011.

What is unit 207 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 207, U-Bora Tower 1 (Residential)

Starts from the last sale price (AED 1.94M, 3 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,940,000
Deposit, UAE resident (20%)
AED 388,000
Deposit, non-resident (40%)
AED 776,000
Monthly over 25 years at 3.7%
AED 7,937

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →