406, U-Bora Tower 1 (Residential)
Sold prices and rental history: sold once, by the developer in April 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, U-Bora Tower 1 (Residential)
What is 406 worth today?
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Source: Dubai Land Department. Updated 18 April 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,359 sqft
- Floor
- 4th of 16
- Parking
- P4-043
- Developer
- Bando Engineering & Construction Co
- Completed
- 2011
- Service charge
- AED 24,300 /yr
- Last sold
- AED 1.66M · April 2014
- Building
- U-Bora Tower 1 (Residential)
About 406, U-Bora Tower 1 (Residential)
406 is a one-bedroom apartment of 1,359 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 14 April 2014 for AED 1,664,775, or AED 1,224 per sqft, in line with the AED 1,260 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 18 April 2025, is AED 90,000 a year: a gross yield of 5.4% on the 2014 price, before the service charge of about AED 24,300 a year.
Sales and rents for 406 over time
406 has sold once; the dashed line is the one-bed median of each year in the building.
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 406 sits
All 131 1-beds →406 last sold in April 2014 at AED 1,224 per sqft, in line with what one-beds in U-Bora Tower 1 (Residential) were fetching at the time (AED 1,260). 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. 406's AED 90,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Aug 202627 August 2026 | 1,038 sqft | 1,100,000 | 1,059 | ||
| 10 Aug 202610 August 2026 | 1,003 sqft | 1,150,000 | 1,146 | ||
| 29 Jul 202629 July 2026 | 930 sqft | 1,250,000 | 1,344 | ||
| 24 Jul 202624 July 2026 | 695 sqft | 26,133 | 37 |
U-Bora Tower 1 (Residential)
Building225 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%
Other units on the 4th floor
All 225 units in U-Bora Tower 1 (Residential)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 695 sqft | AED 880KAED 880,000 · Dec 2024December 2024 | 72,000 /yr | |
| 402 | 1-bed | 714 sqft | AED 996KAED 995,500 · Sep 2013September 2013 | 80,000 /yr | |
| 403 | 1-bed | 1,294 sqft | AED 1.3MAED 1,300,000 · Nov 2024November 2024 | 85,000 /yr | |
| 404 | 1-bed | 1,038 sqft | AED 1.28MAED 1,276,740 · Nov 2013November 2013 | 85,000 /yr | |
| 405 | 1-bed | 1,007 sqft | AED 1.24MAED 1,238,610 · Sep 2013September 2013 | 90,000 /yr | |
| 407 | 2-bed | 1,966 sqft | AED 2.63MAED 2,634,720 · Feb 2014February 2014 | 130,000 /yr | |
| 408 | 2-bed | 1,551 sqft | AED 1.92MAED 1,923,240 · Dec 2013December 2013 | 144,000 /yr | |
| 409 | 2-bed | 1,563 sqft | AED 1.77MAED 1,765,000 · May 2024May 2024 | 129,082 /yr | |
| 410 | 2-bed | 1,564 sqft | AED 2.07MAED 2,065,000 · Oct 2026October 2026 | 97,500 /yr | |
| 411 | 2-bed | 1,586 sqft | AED 1.8MAED 1,800,000 · Sep 2024September 2024 | 104,000 /yr | |
| 412 | 2-bed | 2,053 sqft | AED 2.1MAED 2,100,000 · Dec 2023December 2023 | 85,000 /yr | |
| 413 | 1-bed | 930 sqft | AED 1.27MAED 1,268,300 · Apr 2014April 2014 | 50,000 /yr | |
| 414 | 1-bed | 930 sqft | AED 1.15MAED 1,150,000 · Nov 2024November 2024 | 100,000 /yr | |
| 415 | 1-bed | 931 sqft | AED 1.1MAED 1,100,000 · Jan 2025January 2025 | 100,000 /yr | |
| 416 | 1-bed | 930 sqft | AED 723KAED 723,243 · Jul 2021July 2021 | 50,000 /yr |
406, U-Bora Tower 1 (Residential) in numbers
- Sold once: by Bando Engineering & Construction Co on 14 April 2014 for AED 1,664,775, or AED 1,224 per sqft.
- Rented since April 2013 on 8 Ejari contracts, from AED 60,000 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2014 price is 5.4%, before a service charge of about AED 24,300 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 18 April 2025.
Questions about 406, U-Bora Tower 1 (Residential)
What did unit 406 last sell for?
AED 1,664,775 on 14 April 2014, sold by the developer: AED 1,224 per sqft for 1,359 sqft. It is the only registered sale of the unit.
What is the rent for unit 406?
AED 90,000 a year on the contract renewed on 18 April 2025. The previous contract, from April 2025, was AED 90,000; the unit has been rented since April 2013.
How big is unit 406?
1,359 sqft (126.3 sqm): a one-bedroom apartment on the 4th floor of a 16-storey tower completed in 2011.
What is unit 406 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 406, U-Bora Tower 1 (Residential)
Starts from the last sale price (AED 1.66M, 14 April 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,664,775
- Deposit, UAE resident (20%)
- AED 332,955
- Deposit, non-resident (40%)
- AED 665,910
- Monthly over 25 years at 3.7%
- AED 6,811
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →