2-bed · 1,902 sqftU-Bora Tower 1 (Residential), Business Bay · 2nd floor · completed 2011

212, U-Bora Tower 1 (Residential)

Sold prices and rental history: sold once, by the developer in November 2013, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 212 · DLD and Ejari recordsUpdated 19 November 2013
Last soldAED 2.3M19 November 2013
Current rentAED 95K /yr10 June 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 212, U-Bora Tower 1 (Residential)

What is 212 worth today?

Last sold for AED 2,301,420 in 2013

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19 Nov 2013Sold by developerReady
AED 2,301,420AED 1,210 per sqft
10 Jun 2013RentedRenewal
AED 95,000/yr12 months · AED 50 per sqft
10 Jun 2012RentedNew contract
AED 90,000/yr12 months · AED 47 per sqft

Source: Dubai Land Department. Updated 19 November 2013.

Key facts

Type
2-bed apartment
Size
1,902 sqft
Floor
2nd of 16
Parking
P4-156
Developer
Bando Engineering & Construction Co
Completed
2011
Service charge
AED 34,000 /yr
Last sold
AED 2.3M · November 2013

About 212, U-Bora Tower 1 (Residential)

212 is a two-bedroom apartment of 1,902 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. The developer sold it on 19 November 2013 for AED 2,301,420, or AED 1,210 per sqft, in line with the AED 1,237 two-beds in the building were fetching at the time.

It has been rented since 2012 on 2 Ejari contracts. The current contract, renewed on 10 June 2013, is AED 95,000 a year: a gross yield of 4.1% on the 2013 price, before the service charge of about AED 34,000 a year.

Sales and rents for 212 over time

Sales
Unit 212, 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, November 2013: AED 2,301,420 (AED 1,210 per sqft)

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

Rents
Unit 212, 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 90,000 a yearRenewal, June 2013: AED 95,000 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 212 sits

All 88 2-beds →

212 last sold in November 2013 at AED 1,210 per sqft, in line with what two-beds in U-Bora Tower 1 (Residential) were fetching at the time (AED 1,237). 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. 212's AED 95,000 is at the bottom 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
2072-bedAED 1.94M · Dec 2024
1–7 of 15

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

  • Sold once: by Bando Engineering & Construction Co on 19 November 2013 for AED 2,301,420, or AED 1,210 per sqft.
  • Rented since June 2012 on 2 Ejari contracts, from AED 90,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2013 price is 4.1%, before a service charge of about AED 34,000 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 19 November 2013.

Questions about 212, U-Bora Tower 1 (Residential)

What did unit 212 last sell for?

AED 2,301,420 on 19 November 2013, sold by the developer: AED 1,210 per sqft for 1,902 sqft. It is the only registered sale of the unit.

What is the rent for unit 212?

AED 95,000 a year on the contract renewed on 10 June 2013. The previous contract, from June 2012, was AED 90,000.

How big is unit 212?

1,902 sqft (176.7 sqm): a two-bedroom apartment on the 2nd floor of a 16-storey tower completed in 2011.

What is unit 212 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 212, U-Bora Tower 1 (Residential)

Starts from the last sale price (AED 2.3M, 19 November 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,301,420
Deposit, UAE resident (20%)
AED 460,284
Deposit, non-resident (40%)
AED 920,568
Monthly over 25 years at 3.7%
AED 9,416

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