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2-bed · 1,974 sqftU-Bora Tower 1 (Residential), Business Bay · 3rd floor · completed 2011

312, U-Bora Tower 1 (Residential)

Sold prices and rental history: sold twice, last in June 2016, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 312 · DLD and Ejari recordsUpdated 22 December 2025
Last soldAED 2M27 June 2016
Current rentAED 190K /yr22 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 312, U-Bora Tower 1 (Residential)

What is 312 worth today?

Last sold for AED 2,000,000 in 2016

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22 Dec 2025RentedNew contract
AED 190,000/yr12 months · AED 96 per sqft
17 Oct 2025RentedNew contract
AED 185,000/yr12 months · AED 94 per sqft
20 Feb 2024RentedRenewal
AED 99,225/yr12 months · AED 50 per sqft
20 Feb 2023RentedRenewal
AED 94,500/yr12 months · AED 48 per sqft
20 Feb 2022RentedNew contract
AED 90,000/yr12 months · AED 46 per sqft
20 Feb 2021RentedNew contract
AED 90,000/yr12 months · AED 46 per sqft
27 Jun 2016SoldReady
AED 2,000,000AED 1,013 per sqft
1 Jun 2015RentedNew contract
AED 170,000/yr12 months · AED 86 per sqft

Source: Dubai Land Department. Updated 22 December 2025.

Key facts

Type
2-bed apartment
Size
1,974 sqft
Floor
3rd of 16
Parking
P4-151
Developer
Bando Engineering & Construction Co
Completed
2011
Service charge
AED 35,300 /yr
Last sold
AED 2M · June 2016
Building
U-Bora Tower 1 (Residential)

About 312, U-Bora Tower 1 (Residential)

312 is a two-bedroom apartment of 1,974 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. It last sold on 27 June 2016 for AED 2,000,000, or AED 1,013 per sqft, 21% above the AED 835 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 22 December 2025, is AED 190,000 a year: a gross yield of 9.5% on the 2016 price, before the service charge of about AED 35,300 a year.

Sales and rents for 312 over time

Sales
Unit 312, 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, June 2013: AED 2,436,984 (AED 1,234 per sqft)Sold, June 2016: AED 2,000,000 (AED 1,013 per sqft)

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

Rents
Unit 312, each contractTypical two-bed in U-Bora Tower 1 (Residential)
100K150K200K2012201620202024Typical 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 2015: AED 170,000 a yearNew contract, February 2021: AED 90,000 a yearNew contract, February 2022: AED 90,000 a yearRenewal, February 2023: AED 94,500 a yearRenewal, February 2024: AED 99,225 a yearNew contract, October 2025: AED 185,000 a yearNew contract, December 2025: AED 190,000 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 312 sits

All 88 2-beds →

312 last sold in June 2016 at AED 1,013 per sqft, 21% above what two-beds in U-Bora Tower 1 (Residential) were fetching at the time (AED 835). 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. 312's AED 190,000 is in the upper 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 →

Other units on the 3rd floor

All 225 units in U-Bora Tower 1 (Residential)
Value
3011-bedAED 26K · Jul 2026
3021-bedAED 920K · Jan 2024
3031-bedAED 1.66M · Aug 2014
3041-bedAED 1.28M · Feb 2026
3051-bedAED 1.27M · Jun 2014
3061-bedAED 1.74M · Apr 2014
3072-bedAED 2.31M · Feb 2014
1–7 of 15

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

  • Sold twice: first on 30 June 2013 for AED 2,436,984, last on 27 June 2016 for AED 2,000,000 (AED 1,013 per sqft).
  • Rented since June 2015 on 7 Ejari contracts. The rent fell from AED 170,000 to AED 90,000 in 2022 and recovered to AED 190,000 by December 2025.
  • At AED 190,000 a year the gross yield on the 2016 price is 9.5%, before a service charge of about AED 35,300 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 22 December 2025.

Questions about 312, U-Bora Tower 1 (Residential)

What did unit 312 last sell for?

AED 2,000,000 on 27 June 2016: AED 1,013 per sqft for 1,974 sqft. The unit has 2 registered sales; the first was AED 2,436,984 in June 2013.

What is the rent for unit 312?

AED 190,000 a year on the contract signed on 22 December 2025. The previous contract, from October 2025, was AED 185,000; the unit has been rented since June 2015.

How big is unit 312?

1,974 sqft (183.4 sqm): a two-bedroom apartment on the 3rd floor of a 16-storey tower completed in 2011.

What is unit 312 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 312, U-Bora Tower 1 (Residential)

Starts from the last sale price (AED 2M, 27 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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