506, U-Bora Tower 1 (Residential)
Sold prices and rental history: sold 3 times, last in January 2025, 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 506, U-Bora Tower 1 (Residential)
What is 506 worth today?
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Source: Dubai Land Department. Updated 14 August 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,288 sqft
- Floor
- 5th of 16
- Parking
- P4-039
- Developer
- Bando Engineering & Construction Co
- Completed
- 2011
- Service charge
- AED 23,100 /yr
- Last sold
- AED 1.23M · January 2025
- Building
- U-Bora Tower 1 (Residential)
About 506, U-Bora Tower 1 (Residential)
506 is a one-bedroom apartment of 1,288 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. It last sold on 28 January 2025 for AED 1,225,000, or AED 951 per sqft, 13% below the AED 1,096 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 14 August 2025, is AED 75,000 a year: a gross yield of 6.1% on the 2025 price, before the service charge of about AED 23,100 a year.
Sales and rents for 506 over time
506 has sold 3 times; 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 506 sits
All 131 1-beds →506 last sold in January 2025 at AED 951 per sqft, 13% below what one-beds in U-Bora Tower 1 (Residential) were fetching at the time (AED 1,096). 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. 506's AED 75,000 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 5th floor
All 225 units in U-Bora Tower 1 (Residential)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 695 sqft | AED 770KAED 770,000 · Oct 2022October 2022 | 66,000 /yr | |
| 502 | 1-bed | 714 sqft | AED 1.04MAED 1,035,830 · Jun 2014June 2014 | 52,000 /yr | |
| 503 | 1-bed | 1,294 sqft | AED 1.6MAED 1,598,090 · Aug 2014August 2014 | 78,000 /yr | |
| 504 | 1-bed | 1,038 sqft | AED 1.29MAED 1,287,120 · Jan 2014January 2014 | 76,230 /yr | |
| 505 | 1-bed | 1,007 sqft | AED 1.36MAED 1,359,450 · Apr 2014April 2014 | 70,000 /yr | |
| 507 | 2-bed | 1,966 sqft | AED 2.44MAED 2,437,840 · Dec 2013December 2013 | 75,000 /yr | |
| 508 | 2-bed | 1,551 sqft | AED 1.9MAED 1,900,000 · Oct 2024October 2024 | 150,000 /yr | |
| 509 | 2-bed | 1,563 sqft | AED 1.55MAED 1,550,000 · Aug 2023August 2023 | 95,000 /yr | |
| 510 | 2-bed | 1,564 sqft | AED 1.71MAED 1,710,000 · May 2024May 2024 | 120,000 /yr | |
| 511 | 2-bed | 1,586 sqft | AED 1.78MAED 1,775,000 · Aug 2024August 2024 | 150,000 /yr | |
| 512 | 2-bed | 2,123 sqft | AED 2.65MAED 2,653,750 · Nov 2013November 2013 | 100,000 /yr | |
| 513 | 1-bed | 930 sqft | AED 1.05MAED 1,050,000 · Nov 2023November 2023 | 89,751 /yr | |
| 514 | 1-bed | 930 sqft | AED 1.27MAED 1,270,000 · Jan 2016January 2016 | 55,000 /yr | |
| 515 | 1-bed | 931 sqft | AED 1.1MAED 1,100,000 · Nov 2024November 2024 | 74,000 /yr | |
| 516 | 1-bed | 930 sqft | AED 930KAED 930,000 · Dec 2013December 2013 | 88,000 /yr |
506, U-Bora Tower 1 (Residential) in numbers
- Sold 3 times: first on 27 February 2014 for AED 1,575,000, last on 28 January 2025 for AED 1,225,000 (AED 951 per sqft).
- Rented since April 2013 on 8 Ejari contracts, from AED 61,500 to AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2025 price is 6.1%, before a service charge of about AED 23,100 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 14 August 2025.
Questions about 506, U-Bora Tower 1 (Residential)
What did unit 506 last sell for?
AED 1,225,000 on 28 January 2025: AED 951 per sqft for 1,288 sqft. The unit has 3 registered sales; the first was AED 1,575,000 in February 2014.
What is the rent for unit 506?
AED 75,000 a year on the contract renewed on 14 August 2025. The previous contract, from August 2024, was AED 75,000; the unit has been rented since April 2013.
How big is unit 506?
1,288 sqft (119.7 sqm): a one-bedroom apartment on the 5th floor of a 16-storey tower completed in 2011.
What is unit 506 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 506, U-Bora Tower 1 (Residential)
Starts from the last sale price (AED 1.23M, 28 January 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,225,000
- Deposit, UAE resident (20%)
- AED 245,000
- Deposit, non-resident (40%)
- AED 490,000
- Monthly over 25 years at 3.7%
- AED 5,012
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →