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1-bed · 930 sqftU-Bora Tower 1 (Residential), Business Bay · 3rd floor · completed 2011

316, U-Bora Tower 1 (Residential)

Sold prices and rental history: sold once, by the developer in May 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 316 · DLD and Ejari recordsUpdated 21 May 2026
Last soldAED 1.14M1 May 2013
Current rentAED 90K /yr21 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 316, U-Bora Tower 1 (Residential)

What is 316 worth today?

Last sold for AED 1,139,144 in 2013

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21 May 2026RentedNew contract
AED 90,000/yr12 months · AED 97 per sqft
3 Nov 2025RentedNew contract
AED 80,000/yr12 months · AED 86 per sqft
23 Sep 2024RentedNew contract · flagged as an outlier
AED 20,000/yr12 months · AED 22 per sqft
9 Sep 2023RentedNew contract
AED 75,000/yr12 months · AED 81 per sqft
14 Apr 2023RentedNew contract
AED 85,000/yr12 months · AED 91 per sqft
23 May 2022RentedRenewal
AED 60,500/yr12 months · AED 65 per sqft
23 May 2021RentedRenewal
AED 55,000/yr12 months · AED 59 per sqft
23 May 2020RentedRenewal
AED 60,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 21 May 2026.

Key facts

Type
1-bed apartment
Size
930 sqft
Floor
3rd of 16
Parking
P4-234
Developer
Bando Engineering & Construction Co
Completed
2011
Service charge
AED 16,600 /yr
Last sold
AED 1.14M · May 2013
Building
U-Bora Tower 1 (Residential)

About 316, U-Bora Tower 1 (Residential)

316 is a one-bedroom apartment of 930 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 1 May 2013 for AED 1,139,144, or AED 1,224 per sqft, 7% above the AED 1,148 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 12 Ejari contracts. The current contract, signed on 21 May 2026, is AED 90,000 a year: a gross yield of 7.9% on the 2013 price, before the service charge of about AED 16,600 a year.

Sales and rents for 316 over time

Sales
Unit 316, 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 2013: AED 1,139,144 (AED 1,224 per sqft)

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

Rents
Unit 316, 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 85,500New contract, March 2015: AED 95,000 a yearNew contract, February 2017: AED 90,000 a yearRenewal, February 2018: AED 85,000 a yearNew contract, May 2019: AED 67,000 a yearRenewal, May 2020: AED 60,000 a yearRenewal, May 2021: AED 55,000 a yearRenewal, May 2022: AED 60,500 a yearNew contract, April 2023: AED 85,000 a yearNew contract, September 2023: AED 75,000 a yearNew contract, November 2025: AED 80,000 a yearNew contract, May 2026: AED 90,000 a year

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 316 sits

All 131 1-beds →

316 last sold in May 2013 at AED 1,224 per sqft, 7% above what one-beds in U-Bora Tower 1 (Residential) were fetching at the time (AED 1,148). 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. 316's AED 90,000 is in the lower half of that range.

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

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

  • Sold once: by Bando Engineering & Construction Co on 1 May 2013 for AED 1,139,144, or AED 1,224 per sqft.
  • Rented since March 2015 on 12 Ejari contracts. The rent fell from AED 95,000 to AED 20,000 in 2024 and recovered to AED 90,000 by May 2026.
  • At AED 90,000 a year the gross yield on the 2013 price is 7.9%, before a service charge of about AED 16,600 a year (AED 17.90 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 May 2026.

Questions about 316, U-Bora Tower 1 (Residential)

What did unit 316 last sell for?

AED 1,139,144 on 1 May 2013, sold by the developer: AED 1,224 per sqft for 930 sqft. It is the only registered sale of the unit.

What is the rent for unit 316?

AED 90,000 a year on the contract signed on 21 May 2026. The previous contract, from November 2025, was AED 80,000; the unit has been rented since March 2015.

How big is unit 316?

930 sqft (86.4 sqm): a one-bedroom apartment on the 3rd floor of a 16-storey tower completed in 2011.

What is unit 316 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 316, U-Bora Tower 1 (Residential)

Starts from the last sale price (AED 1.14M, 1 May 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,139,144
Deposit, UAE resident (20%)
AED 227,829
Deposit, non-resident (40%)
AED 455,658
Monthly over 25 years at 3.7%
AED 4,661

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