1-bed · 695 sqftU-Bora Tower 1 (Residential), Business Bay · 4th floor · completed 2011

401, U-Bora Tower 1 (Residential)

Sold prices and rental history: sold 3 times, last in December 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 29 June 2026
Last soldAED 880K13 December 2024
Current rentAED 72K /yr29 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, U-Bora Tower 1 (Residential)

What is 401 worth today?

Last sold for AED 880,000 in 2024

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29 Jun 2026RentedNew contract
AED 72,000/yr12 months · AED 104 per sqft
5 Mar 2025RentedNew contract
AED 80,000/yr12 months · AED 114 per sqft
5 Mar 2025RentedNew contract
AED 80,000/yr12 months · AED 114 per sqft
13 Dec 2024SoldReady
AED 880,000AED 1,266 per sqft
30 Aug 2024RentedNew contract
AED 75,000/yr12 months · AED 107 per sqft
15 Jan 2021RentedNew contract
AED 43,000/yr12 months · AED 61 per sqft
1 Jun 2020RentedNew contract
AED 50,000/yr12 months · AED 71 per sqft
1 Jan 2020RentedNew contract
AED 55,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 29 June 2026.

Key facts

Type
1-bed apartment
Size
695 sqft
Floor
4th of 16
Parking
P4-054
Developer
Bando Engineering & Construction Co
Completed
2011
Service charge
AED 12,400 /yr
Last sold
AED 880K · December 2024

About 401, U-Bora Tower 1 (Residential)

401 is a one-bedroom apartment of 695 sqft on the 4th 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 13 December 2024 for AED 880,000, or AED 1,266 per sqft, 11% above the AED 1,138 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, signed on 29 June 2026, is AED 72,000 a year: a gross yield of 8.2% on the 2024 price, before the service charge of about AED 12,400 a year.

Sales and rents for 401 over time

Sales
Unit 401, 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 2012: AED 968,000 (AED 1,392 per sqft)Sold, December 2017: AED 800,000 (AED 1,151 per sqft)Sold, December 2024: AED 880,000 (AED 1,266 per sqft)

401 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 401, each contractTypical one-bed in U-Bora Tower 1 (Residential)
50K75K100K2012201620202024Typical 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, April 2016: AED 60,000 a yearRenewal, April 2017: AED 50,000 a yearNew contract, December 2018: AED 65,000 a yearNew contract, January 2020: AED 55,000 a yearNew contract, June 2020: AED 50,000 a yearNew contract, January 2021: AED 43,000 a yearNew contract, August 2024: AED 75,000 a yearNew contract, March 2025: AED 80,000 a yearNew contract, March 2025: AED 80,000 a yearNew contract, June 2026: AED 72,000 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 401 sits

All 131 1-beds →

401 last sold in December 2024 at AED 1,266 per sqft, 11% above what one-beds in U-Bora Tower 1 (Residential) were fetching at the time (AED 1,138). 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. 401's AED 72,000 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 →
Value
4021-bedAED 996K · Sep 2013
4031-bedAED 1.3M · Nov 2024
4041-bedAED 1.28M · Nov 2013
4051-bedAED 1.24M · Sep 2013
4061-bedAED 1.66M · Apr 2014
4072-bedAED 2.63M · Feb 2014
4082-bedAED 1.92M · Dec 2013
1–7 of 15

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

  • Sold 3 times: first on 20 May 2012 for AED 968,000, last on 13 December 2024 for AED 880,000 (AED 1,266 per sqft).
  • Rented since April 2016 on 10 Ejari contracts. The rent fell from AED 60,000 to AED 43,000 in 2021 and recovered to AED 72,000 by June 2026.
  • At AED 72,000 a year the gross yield on the 2024 price is 8.2%, before a service charge of about AED 12,400 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 29 June 2026.

Questions about 401, U-Bora Tower 1 (Residential)

What did unit 401 last sell for?

AED 880,000 on 13 December 2024: AED 1,266 per sqft for 695 sqft. The unit has 3 registered sales; the first was AED 968,000 in May 2012.

What is the rent for unit 401?

AED 72,000 a year on the contract signed on 29 June 2026. The previous contract, from March 2025, was AED 80,000; the unit has been rented since April 2016.

How big is unit 401?

695 sqft (64.6 sqm): a one-bedroom apartment on the 4th floor of a 16-storey tower completed in 2011.

What is unit 401 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 401, U-Bora Tower 1 (Residential)

Starts from the last sale price (AED 880K, 13 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 880,000
Deposit, UAE resident (20%)
AED 176,000
Deposit, non-resident (40%)
AED 352,000
Monthly over 25 years at 3.7%
AED 3,600

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