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1-bed · 1,007 sqftU-Bora Tower 1 (Residential), Business Bay · 5th floor · completed 2011

505, 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.

Unit 505 · DLD and Ejari recordsUpdated 20 August 2026
Last soldAED 1.36M28 April 2014
Current rentAED 70K /yr20 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 505, U-Bora Tower 1 (Residential)

What is 505 worth today?

Last sold for AED 1,359,450 in 2014

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20 Aug 2026RentedNew contract
AED 70,000/yr12 months · AED 70 per sqft
18 Apr 2024RentedRenewal
AED 70,000/yr24 months · AED 70 per sqft
18 Apr 2023RentedNew contract
AED 70,000/yr12 months · AED 70 per sqft
1 Nov 2020RentedNew contract
AED 47,000/yr12 months · AED 47 per sqft
1 Nov 2019RentedRenewal
AED 73,000/yr6 months · AED 72 per sqft
1 Nov 2018RentedRenewal
AED 78,000/yr12 months · AED 77 per sqft
1 Nov 2017RentedRenewal
AED 87,000/yr12 months · AED 86 per sqft
1 Nov 2016RentedRenewal
AED 95,000/yr12 months · AED 94 per sqft

Source: Dubai Land Department. Updated 20 August 2026.

Key facts

Type
1-bed apartment
Size
1,007 sqft
Floor
5th of 16
Parking
P4-038
Developer
Bando Engineering & Construction Co
Completed
2011
Service charge
AED 18,000 /yr
Last sold
AED 1.36M · April 2014
Building
U-Bora Tower 1 (Residential)

About 505, U-Bora Tower 1 (Residential)

505 is a one-bedroom apartment of 1,007 sqft on the 5th 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 28 April 2014 for AED 1,359,450, or AED 1,350 per sqft, 7% above the AED 1,260 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 20 August 2026, is AED 70,000 a year: a gross yield of 5.1% on the 2014 price, before the service charge of about AED 18,000 a year.

Sales and rents for 505 over time

Sales
Unit 505, 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, April 2014: AED 1,359,450 (AED 1,350 per sqft)

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

Rents
Unit 505, 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, January 2013: AED 62,000 a yearNew contract, November 2015: AED 95,000 a yearRenewal, November 2016: AED 95,000 a yearRenewal, November 2017: AED 87,000 a yearRenewal, November 2018: AED 78,000 a yearRenewal, November 2019: AED 73,000 a yearNew contract, November 2020: AED 47,000 a yearNew contract, April 2023: AED 70,000 a yearRenewal, April 2024: AED 70,000 a yearNew contract, August 2026: AED 70,000 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 505 sits

All 131 1-beds →

505 last sold in April 2014 at AED 1,350 per sqft, 7% above 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. 505's AED 70,000 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 5th floor

All 225 units in U-Bora Tower 1 (Residential)
Value
5011-bedAED 770K · Oct 2022
5021-bedAED 1.04M · Jun 2014
5031-bedAED 1.6M · Aug 2014
5041-bedAED 1.29M · Jan 2014
5061-bedAED 1.23M · Jan 2025
5072-bedAED 2.44M · Dec 2013
5082-bedAED 1.9M · Oct 2024
1–7 of 15

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

  • Sold once: by Bando Engineering & Construction Co on 28 April 2014 for AED 1,359,450, or AED 1,350 per sqft.
  • Rented since January 2013 on 10 Ejari contracts. The rent fell from AED 62,000 to AED 47,000 in 2020 and recovered to AED 70,000 by August 2026.
  • At AED 70,000 a year the gross yield on the 2014 price is 5.1%, before a service charge of about AED 18,000 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 20 August 2026.

Questions about 505, U-Bora Tower 1 (Residential)

What did unit 505 last sell for?

AED 1,359,450 on 28 April 2014, sold by the developer: AED 1,350 per sqft for 1,007 sqft. It is the only registered sale of the unit.

What is the rent for unit 505?

AED 70,000 a year on the contract signed on 20 August 2026. The previous contract, from April 2024, was AED 70,000; the unit has been rented since January 2013.

How big is unit 505?

1,007 sqft (93.6 sqm): a one-bedroom apartment on the 5th floor of a 16-storey tower completed in 2011.

What is unit 505 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 505, U-Bora Tower 1 (Residential)

Starts from the last sale price (AED 1.36M, 28 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,359,450
Deposit, UAE resident (20%)
AED 271,890
Deposit, non-resident (40%)
AED 543,780
Monthly over 25 years at 3.7%
AED 5,562

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