1-bed · 1,038 sqftU-Bora Tower 1 (Residential), Business Bay · 4th floor · completed 2011

404, U-Bora Tower 1 (Residential)

Sold prices and rental history: sold once, by the developer in November 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 6 September 2026
Last soldAED 1.28M24 November 2013
Current rentAED 85K /yr6 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, U-Bora Tower 1 (Residential)

What is 404 worth today?

Last sold for AED 1,276,740 in 2013

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6 Sep 2026RentedRenewal
AED 85,000/yr12 months · AED 82 per sqft
6 Sep 2025RentedRenewal
AED 85,000/yr12 months · AED 82 per sqft
6 Sep 2024RentedNew contract
AED 85,000/yr12 months · AED 82 per sqft
1 Dec 2022RentedRenewal
AED 65,000/yr12 months · AED 63 per sqft
1 Dec 2021RentedNew contract
AED 57,000/yr12 months · AED 55 per sqft
1 Dec 2014RentedNew contract
AED 100,000/yr12 months · AED 97 per sqft
24 Nov 2013Sold by developerReady
AED 1,276,740AED 1,230 per sqft
1 Nov 2012RentedNew contract
AED 60,000/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 6 September 2026.

Key facts

Type
1-bed apartment
Size
1,038 sqft
Floor
4th of 16
Parking
P4-041
Developer
Bando Engineering & Construction Co
Completed
2011
Service charge
AED 18,600 /yr
Last sold
AED 1.28M · November 2013

About 404, U-Bora Tower 1 (Residential)

404 is a one-bedroom apartment of 1,038 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. The developer sold it on 24 November 2013 for AED 1,276,740, or AED 1,230 per sqft, in line with the AED 1,249 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, renewed on 6 September 2026, is AED 85,000 a year: a gross yield of 6.7% on the 2013 price, before the service charge of about AED 18,600 a year.

Sales and rents for 404 over time

Sales
Unit 404, 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, November 2013: AED 1,276,740 (AED 1,230 per sqft)

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

Rents
Unit 404, 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 2012: AED 60,000 a yearNew contract, December 2014: AED 100,000 a yearNew contract, December 2021: AED 57,000 a yearRenewal, December 2022: AED 65,000 a yearNew contract, September 2024: AED 85,000 a yearRenewal, September 2025: AED 85,000 a yearRenewal, September 2026: AED 85,000 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 404 sits

All 131 1-beds →

404 last sold in November 2013 at AED 1,230 per sqft, in line with what one-beds in U-Bora Tower 1 (Residential) were fetching at the time (AED 1,249). 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. 404's AED 85,000 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
4011-bedAED 880K · Dec 2024
4021-bedAED 996K · Sep 2013
4031-bedAED 1.3M · Nov 2024
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

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

  • Sold once: by Bando Engineering & Construction Co on 24 November 2013 for AED 1,276,740, or AED 1,230 per sqft.
  • Rented since November 2012 on 7 Ejari contracts, from AED 60,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2013 price is 6.7%, before a service charge of about AED 18,600 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 6 September 2026.

Questions about 404, U-Bora Tower 1 (Residential)

What did unit 404 last sell for?

AED 1,276,740 on 24 November 2013, sold by the developer: AED 1,230 per sqft for 1,038 sqft. It is the only registered sale of the unit.

What is the rent for unit 404?

AED 85,000 a year on the contract renewed on 6 September 2026. The previous contract, from September 2025, was AED 85,000; the unit has been rented since November 2012.

How big is unit 404?

1,038 sqft (96.4 sqm): a one-bedroom apartment on the 4th floor of a 16-storey tower completed in 2011.

What is unit 404 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 404, U-Bora Tower 1 (Residential)

Starts from the last sale price (AED 1.28M, 24 November 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,276,740
Deposit, UAE resident (20%)
AED 255,348
Deposit, non-resident (40%)
AED 510,696
Monthly over 25 years at 3.7%
AED 5,224

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