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1-bed · 931 sqftU-Bora Tower 1 (Residential), Business Bay · 3rd floor · completed 2011

315, U-Bora Tower 1 (Residential)

Sold prices and rental history: sold 4 times, last in July 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 315 · DLD and Ejari recordsUpdated 21 July 2022
Last soldAED 800K21 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 315, U-Bora Tower 1 (Residential)

What is 315 worth today?

Last sold for AED 800,000 in 2022

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21 Jul 2022SoldReady
AED 800,000AED 859 per sqft
23 Mar 2014SoldReady
AED 1,252,235AED 1,345 per sqft
14 May 2012SoldReady
AED 1,162,392AED 1,248 per sqft
9 May 2009Sold by developerOff-plan
AED 1,162,392AED 1,248 per sqft

Source: Dubai Land Department. Updated 21 July 2022.

Key facts

Type
1-bed apartment
Size
931 sqft
Floor
3rd of 16
Parking
P4-233
Developer
Bando Engineering & Construction Co
Completed
2011
Service charge
AED 16,700 /yr
Last sold
AED 800K · July 2022
Building
U-Bora Tower 1 (Residential)

About 315, U-Bora Tower 1 (Residential)

315 is a one-bedroom apartment of 931 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 21 July 2022 for AED 800,000, or AED 859 per sqft, 8% above the AED 793 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 315 over time

Sales
Unit 315, each saleTypical one-bed in U-Bora Tower 1 (Residential)
1M2009201420192024Typical sale price by year: 2009 AED 1,307,130; 2011 AED 1,279,641; 2012 AED 991,936; 2013 AED 1,185,600; 2014 AED 1,361,441; 2015 AED 1,270,000; 2016 AED 1,150,000; 2017 AED 1,250,000; 2019 AED 790,000; 2020 AED 725,000; 2021 AED 723,243; 2022 AED 800,000; 2023 AED 850,000; 2024 AED 1,100,000; 2025 AED 1,190,000; 2026 AED 1,250,000Sold by developer, May 2009: AED 1,162,392 (AED 1,248 per sqft)Sold, May 2012: AED 1,162,392 (AED 1,248 per sqft)Sold, March 2014: AED 1,252,235 (AED 1,345 per sqft)Sold, July 2022: AED 800,000 (AED 859 per sqft)

315 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 315, each contractTypical one-bed in U-Bora Tower 1 (Residential)
60K80K100K2012201620202024Typical rent by year: 2012 AED 58,000; 2013 AED 60,000; 2014 AED 85,000; 2015 AED 95,000; 2016 AED 91,000; 2017 AED 90,000; 2018 AED 79,763; 2019 AED 68,000; 2020 AED 55,000; 2021 AED 55,000; 2022 AED 65,000; 2023 AED 75,000; 2024 AED 80,000; 2025 AED 85,000; 2026 AED 85,500

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in U-Bora Tower 1 (Residential), and where 315 sits

All 131 1-beds →

315 last sold in July 2022 at AED 859 per sqft, 8% above what one-beds in U-Bora Tower 1 (Residential) were fetching at the time (AED 793). Over the last 12 months one-beds sold for AED 1,100,000 to 1,310,000, around AED 1,226 per sqft, and rent for AED 63,000 to 130,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Aug 20261,100,000
10 Aug 20261,150,000
29 Jul 20261,250,000
24 Jul 202626,133
11 1-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

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

  • Sold 4 times: first on 9 May 2009 for AED 1,162,392, last on 21 July 2022 for AED 800,000 (AED 859 per sqft).
  • One-beds in U-Bora Tower 1 (Residential) sold for AED 1,100,000–1,310,000 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 21 July 2022.

Questions about 315, U-Bora Tower 1 (Residential)

What did unit 315 last sell for?

AED 800,000 on 21 July 2022: AED 859 per sqft for 931 sqft. The unit has 4 registered sales; the first was AED 1,162,392 in May 2009.

How big is unit 315?

931 sqft (86.5 sqm): a one-bedroom apartment on the 3rd floor of a 16-storey tower completed in 2011.

What is unit 315 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in U-Bora Tower 1 (Residential) sold for AED 1,100,000 to 1,310,000 in the last 12 months, around AED 1,226 per sqft.

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Mortgage on 315, U-Bora Tower 1 (Residential)

Starts from the last sale price (AED 800K, 21 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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