1-bed · 714 sqftU-Bora Tower 1 (Residential), Business Bay · 6th floor · completed 2011

602, U-Bora Tower 1 (Residential)

Sold prices and rental history: sold once, by the developer in January 2014, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 7 October 2025
Last soldAED 893K5 January 2014
Current rentAED 75K /yr7 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, U-Bora Tower 1 (Residential)

What is 602 worth today?

Last sold for AED 892,500 in 2014

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7 Oct 2025RentedRenewal
AED 75,000/yr12 months · AED 105 per sqft
7 Oct 2024RentedRenewal
AED 55,100/yr12 months · AED 77 per sqft
7 Jul 2024RentedNew contract
AED 55,100/yr3 months · AED 77 per sqft
7 Feb 2019RentedNew contract
AED 65,000/yr12 months · AED 91 per sqft
5 Jan 2014Sold by developerReady
AED 892,500AED 1,250 per sqft
18 May 2013RentedRenewal
AED 50,114/yr12 months · AED 70 per sqft
18 May 2012RentedNew contract
AED 52,000/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 7 October 2025.

Key facts

Type
1-bed apartment
Size
714 sqft
Floor
6th of 16
Parking
P4-059
Developer
Bando Engineering & Construction Co
Completed
2011
Service charge
AED 12,800 /yr
Last sold
AED 893K · January 2014

About 602, U-Bora Tower 1 (Residential)

602 is a one-bedroom apartment of 714 sqft on the 6th 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 5 January 2014 for AED 892,500, or AED 1,250 per sqft, in line with the AED 1,250 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, renewed on 7 October 2025, is AED 75,000 a year: a gross yield of 8.4% on the 2014 price, before the service charge of about AED 12,800 a year.

Sales and rents for 602 over time

Sales
Unit 602, 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, January 2014: AED 892,500 (AED 1,250 per sqft)

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

Rents
Unit 602, 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, May 2012: AED 52,000 a yearRenewal, May 2013: AED 50,114 a yearNew contract, February 2019: AED 65,000 a yearNew contract, July 2024: AED 55,100 a yearRenewal, October 2024: AED 55,100 a yearRenewal, October 2025: AED 75,000 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 602 sits

All 131 1-beds →

602 last sold in January 2014 at AED 1,250 per sqft, in line with what one-beds in U-Bora Tower 1 (Residential) were fetching at the time (AED 1,250). 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. 602's AED 75,000 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
6011-bedAED 876K · Sep 2013
6031-bedAED 800K · Jan 2022
6041-bedAED 1.3M · Jan 2014
6051-bedAED 1.24M · Nov 2025
6061-bedAED 750K · Nov 2019
6072-bedAED 2.3M · Mar 2026
6082-bedAED 1.75M · Mar 2012
1–7 of 15

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

  • Sold once: by Bando Engineering & Construction Co on 5 January 2014 for AED 892,500, or AED 1,250 per sqft.
  • Rented since May 2012 on 6 Ejari contracts, from AED 52,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2014 price is 8.4%, 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 7 October 2025.

Questions about 602, U-Bora Tower 1 (Residential)

What did unit 602 last sell for?

AED 892,500 on 5 January 2014, sold by the developer: AED 1,250 per sqft for 714 sqft. It is the only registered sale of the unit.

What is the rent for unit 602?

AED 75,000 a year on the contract renewed on 7 October 2025. The previous contract, from October 2024, was AED 55,100; the unit has been rented since May 2012.

How big is unit 602?

714 sqft (66.3 sqm): a one-bedroom apartment on the 6th floor of a 16-storey tower completed in 2011.

What is unit 602 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 602, U-Bora Tower 1 (Residential)

Starts from the last sale price (AED 893K, 5 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 892,500
Deposit, UAE resident (20%)
AED 178,500
Deposit, non-resident (40%)
AED 357,000
Monthly over 25 years at 3.7%
AED 3,651

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