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1-bed · 714 sqftU-Bora Tower 1 (Residential), Business Bay · 4th floor · completed 2011

402, U-Bora Tower 1 (Residential)

Sold prices and rental history: sold twice, last in September 2013, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 27 March 2026
Last soldAED 996K17 September 2013
Current rentAED 80K /yr27 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 402, U-Bora Tower 1 (Residential)

What is 402 worth today?

Last sold for AED 995,500 in 2013

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27 Mar 2026RentedRenewal
AED 80,000/yr12 months · AED 113 per sqft
27 Mar 2025RentedRenewal
AED 80,000/yr12 months · AED 113 per sqft
27 Mar 2024RentedNew contract
AED 80,000/yr12 months · AED 113 per sqft
16 Dec 2022RentedNew contract
AED 65,000/yr12 months · AED 91 per sqft
18 Nov 2021RentedRenewal
AED 45,000/yr12 months · AED 63 per sqft
18 Nov 2020RentedNew contract
AED 40,000/yr12 months · AED 56 per sqft
15 Nov 2019RentedNew contract
AED 60,000/yr12 months · AED 84 per sqft
17 Sep 2013SoldReady
AED 995,500AED 1,394 per sqft

Source: Dubai Land Department. Updated 27 March 2026.

Key facts

Type
1-bed apartment
Size
714 sqft
Floor
4th of 16
Parking
P4-055
Developer
Bando Engineering & Construction Co
Completed
2011
Service charge
AED 12,800 /yr
Last sold
AED 996K · September 2013
Building
U-Bora Tower 1 (Residential)

About 402, U-Bora Tower 1 (Residential)

402 is a one-bedroom apartment of 714 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 17 September 2013 for AED 995,500, or AED 1,394 per sqft, 13% above the AED 1,239 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 27 March 2026, is AED 80,000 a year: a gross yield of 8.0% on the 2013 price, before the service charge of about AED 12,800 a year.

Sales and rents for 402 over time

Sales
Unit 402, 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 995,500 (AED 1,394 per sqft)Sold, September 2013: AED 995,500 (AED 1,394 per sqft)

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

Rents
Unit 402, 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, November 2019: AED 60,000 a yearNew contract, November 2020: AED 40,000 a yearRenewal, November 2021: AED 45,000 a yearNew contract, December 2022: AED 65,000 a yearNew contract, March 2024: AED 80,000 a yearRenewal, March 2025: AED 80,000 a yearRenewal, March 2026: AED 80,000 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 402 sits

All 131 1-beds →

402 last sold in September 2013 at AED 1,394 per sqft, 13% above what one-beds in U-Bora Tower 1 (Residential) were fetching at the time (AED 1,239). 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. 402's AED 80,000 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 4th floor

All 225 units in U-Bora Tower 1 (Residential)
Value
4011-bedAED 880K · Dec 2024
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

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

  • Sold twice: first on 9 May 2009 for AED 995,500, last on 17 September 2013 for AED 995,500 (AED 1,394 per sqft).
  • Rented since November 2019 on 7 Ejari contracts. The rent fell from AED 60,000 to AED 40,000 in 2020 and recovered to AED 80,000 by March 2026.
  • At AED 80,000 a year the gross yield on the 2013 price is 8.0%, before a service charge of about AED 12,800 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 27 March 2026.

Questions about 402, U-Bora Tower 1 (Residential)

What did unit 402 last sell for?

AED 995,500 on 17 September 2013: AED 1,394 per sqft for 714 sqft. The unit has 2 registered sales; the first was AED 995,500 in May 2009.

What is the rent for unit 402?

AED 80,000 a year on the contract renewed on 27 March 2026. The previous contract, from March 2025, was AED 80,000; the unit has been rented since November 2019.

How big is unit 402?

714 sqft (66.3 sqm): a one-bedroom apartment on the 4th floor of a 16-storey tower completed in 2011.

What is unit 402 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 402, U-Bora Tower 1 (Residential)

Starts from the last sale price (AED 996K, 17 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 995,500
Deposit, UAE resident (20%)
AED 199,100
Deposit, non-resident (40%)
AED 398,200
Monthly over 25 years at 3.7%
AED 4,073

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