311, U-Bora Tower 1 (Residential)
Sold prices and rental history: sold once, by the developer in September 2013, 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 311, U-Bora Tower 1 (Residential)
What is 311 worth today?
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Source: Dubai Land Department. Updated 1 June 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,586 sqft
- Floor
- 3rd of 16
- Parking
- P4-150
- Developer
- Bando Engineering & Construction Co
- Completed
- 2011
- Service charge
- AED 28,400 /yr
- Last sold
- AED 1.93M · September 2013
- Building
- U-Bora Tower 1 (Residential)
About 311, U-Bora Tower 1 (Residential)
311 is a two-bedroom apartment of 1,586 sqft on the 3rd 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 15 September 2013 for AED 1,934,920, or AED 1,220 per sqft, in line with the AED 1,200 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 14 Ejari contracts. The current contract, renewed on 1 June 2026, is AED 128,000 a year: a gross yield of 6.6% on the 2013 price, before the service charge of about AED 28,400 a year.
Sales and rents for 311 over time
311 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 311 sits
All 88 2-beds →311 last sold in September 2013 at AED 1,220 per sqft, in line with what two-beds in U-Bora Tower 1 (Residential) were fetching at the time (AED 1,200). 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. 311's AED 128,000 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 3rd floor
All 225 units in U-Bora Tower 1 (Residential)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 695 sqft | AED 26KAED 26,133 · Jul 2026July 2026 | 60,000 /yr | |
| 302 | 1-bed | 714 sqft | AED 920KAED 920,000 · Jan 2024January 2024 | 60,000 /yr | |
| 303 | 1-bed | 1,294 sqft | AED 1.66MAED 1,663,926 · Aug 2014August 2014 | 50,000 /yr | |
| 304 | 1-bed | 1,038 sqft | AED 1.28MAED 1,275,000 · Feb 2026February 2026 | 100,000 /yr | |
| 305 | 1-bed | 1,007 sqft | AED 1.27MAED 1,267,860 · Jun 2014June 2014 | 60,000 /yr | |
| 306 | 1-bed | 1,429 sqft | AED 1.74MAED 1,736,235 · Apr 2014April 2014 | 68,500 /yr | |
| 307 | 2-bed | 1,683 sqft | AED 2.31MAED 2,309,964 · Feb 2014February 2014 | 145,000 /yr | |
| 308 | 2-bed | 1,333 sqft | AED 2.1MAED 2,100,000 · Aug 2014August 2014 | ||
| 309 | 2-bed | 1,563 sqft | AED 1.9MAED 1,900,000 · Oct 2017October 2017 | 135,000 /yr | |
| 310 | 2-bed | 1,564 sqft | AED 1.92MAED 1,923,720 · Sep 2013September 2013 | 140,000 /yr | |
| 312 | 2-bed | 1,974 sqft | AED 2MAED 2,000,000 · Jun 2016June 2016 | 190,000 /yr | |
| 313 | 1-bed | 930 sqft | AED 900KAED 900,000 · Aug 2023August 2023 | 50,000 /yr | |
| 314 | 1-bed | 930 sqft | AED 1.28MAED 1,278,750 · Jan 2014January 2014 | 75,000 /yr | |
| 315 | 1-bed | 931 sqft | AED 800KAED 800,000 · Jul 2022July 2022 | ||
| 316 | 1-bed | 930 sqft | AED 1.14MAED 1,139,144 · May 2013May 2013 | 90,000 /yr |
311, U-Bora Tower 1 (Residential) in numbers
- Sold once: by Bando Engineering & Construction Co on 15 September 2013 for AED 1,934,920, or AED 1,220 per sqft.
- Rented since August 2012 on 14 Ejari contracts. The rent fell from AED 95,000 to AED 74,000 in 2020 and recovered to AED 128,000 by June 2026.
- At AED 128,000 a year the gross yield on the 2013 price is 6.6%, before a service charge of about AED 28,400 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 June 2026.
Questions about 311, U-Bora Tower 1 (Residential)
What did unit 311 last sell for?
AED 1,934,920 on 15 September 2013, sold by the developer: AED 1,220 per sqft for 1,586 sqft. It is the only registered sale of the unit.
What is the rent for unit 311?
AED 128,000 a year on the contract renewed on 1 June 2026. The previous contract, from February 2026, was AED 1,140,000; the unit has been rented since August 2012.
How big is unit 311?
1,586 sqft (147.3 sqm): a two-bedroom apartment on the 3rd floor of a 16-storey tower completed in 2011.
What is unit 311 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 311, U-Bora Tower 1 (Residential)
Starts from the last sale price (AED 1.93M, 15 September 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,934,920
- Deposit, UAE resident (20%)
- AED 386,984
- Deposit, non-resident (40%)
- AED 773,968
- Monthly over 25 years at 3.7%
- AED 7,916
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →