1-bed · 1,038 sqftU-Bora Tower 1 (Residential), Business Bay · 6th floor · completed 2011

604, U-Bora Tower 1 (Residential)

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

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.

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Unit 604 · DLD and Ejari recordsUpdated 1 May 2023

Last soldAED 1.3M5 January 2014

Current rentAED 80K /yr1 May 2023

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 604, U-Bora Tower 1 (Residential)

Today

What is 604 worth today?

Last sold for AED 1,297,500 in 2014

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1 May 2023

1 May 2023RentedNew contract

AED 80,000/yr12 months · AED 77 per sqft

1 Sep 2020

1 Sep 2020RentedNew contract

AED 55,000/yr12 months · AED 53 per sqft

1 Apr 2019

1 Apr 2019RentedNew contract

AED 70,000/yr12 months · AED 68 per sqft

29 Jun 2018

29 Jun 2018RentedNew contract

AED 78,000/yr12 months · AED 75 per sqft

25 Sep 2015

25 Sep 2015RentedNew contract

AED 95,000/yr12 months · AED 92 per sqft

5 Jan 2014

5 Jan 2014Sold by developerReady

AED 1,297,500AED 1,250 per sqft

27 Nov 2012

27 Nov 2012RentedNew contract

AED 63,000/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 1 May 2023.

Key facts

Type: 1-bed apartment
Size: 1,038 sqft
Floor: 6th of 16
Parking: P4-033
Developer: Bando Engineering & Construction Co
Completed: 2011
Service charge: AED 18,600 /yr
Last sold: AED 1.3M · January 2014
Building: U-Bora Tower 1 (Residential)

About 604, U-Bora Tower 1 (Residential)

604 is a one-bedroom apartment of 1,038 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 1,297,500, 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, signed on 1 May 2023, is AED 80,000 a year: a gross yield of 6.2% on the 2014 price, before the service charge of about AED 18,600 a year.

Sales and rents for 604 over time

Sales

Unit 604, each saleTypical one-bed in U-Bora Tower 1 (Residential)

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

Rents

Unit 604, each contractTypical one-bed in U-Bora Tower 1 (Residential)

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 604 sits

All 131 1-beds →

1-beds in U-Bora Tower 1 (Residential) · last 12 months1,226 /sqft U-Bora Tower 1 (Residential) · all types1,227 /sqft

604 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. 604's AED 80,000 is in the lower half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
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

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 6th floor

All 225 units in U-Bora Tower 1 (Residential)


601	1-bed	695 sqft	AED 876KAED 875,700 · Sep 2013September 2013	85,000 /yr
602	1-bed	714 sqft	AED 893KAED 892,500 · Jan 2014January 2014	75,000 /yr
603	1-bed	1,294 sqft	AED 800KAED 800,000 · Jan 2022January 2022	50,000 /yr
605	1-bed	1,007 sqft	AED 1.24MAED 1,235,000 · Nov 2025November 2025	71,913 /yr
606	1-bed	1,182 sqft	AED 750KAED 750,000 · Nov 2019November 2019	80,000 /yr
607	2-bed	1,683 sqft	AED 2.3MAED 2,300,000 · Mar 2026March 2026	180,000 /yr
608	2-bed	1,333 sqft	AED 1.75MAED 1,752,538 · Mar 2012March 2012	117,152 /yr
609	2-bed	1,563 sqft	AED 2MAED 2,000,000 · Apr 2025April 2025	130,000 /yr
610	2-bed	1,564 sqft	AED 1.96MAED 1,955,000 · Sep 2013September 2013	137,000 /yr
611	2-bed	1,586 sqft	AED 1.65MAED 1,650,000 · May 2024May 2024	82,500 /yr
612	2-bed	2,195 sqft	AED 2.53MAED 2,525,000 · May 2024May 2024	190,000 /yr
613	1-bed	930 sqft	AED 795KAED 795,000 · Nov 2022November 2022	72,000 /yr
614	1-bed	930 sqft	AED 1.17MAED 1,171,800 · Oct 2013October 2013	75,000 /yr
615	1-bed	931 sqft	AED 1.16MAED 1,163,750 · Sep 2013September 2013	80,000 /yr
616	1-bed	930 sqft	AED 1.17MAED 1,170,000 · Jul 2013July 2013	90,000 /yr

1–7 of 15

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

Sold once: by Bando Engineering & Construction Co on 5 January 2014 for AED 1,297,500, or AED 1,250 per sqft.
Rented since November 2012 on 6 Ejari contracts. The rent fell from AED 63,000 to AED 55,000 in 2020 and recovered to AED 80,000 by May 2023.
At AED 80,000 a year the gross yield on the 2014 price is 6.2%, 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 1 May 2023.

Questions about 604, U-Bora Tower 1 (Residential)

What did unit 604 last sell for?

AED 1,297,500 on 5 January 2014, sold by the developer: AED 1,250 per sqft for 1,038 sqft. It is the only registered sale of the unit.

What is the rent for unit 604?

AED 80,000 a year on the contract signed on 1 May 2023. The previous contract, from September 2020, was AED 55,000; the unit has been rented since November 2012.

How big is unit 604?

1,038 sqft (96.4 sqm): a one-bedroom apartment on the 6th floor of a 16-storey tower completed in 2011.

What is unit 604 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 604, U-Bora Tower 1 (Residential)

Starts from the last sale price (AED 1.3M, 5 January 2014). Switch to today's estimate once you have unlocked it.

Price: AED 1,297,500
Deposit, UAE resident (20%): AED 259,500
Deposit, non-resident (40%): AED 519,000
Monthly over 25 years at 3.7%: AED 5,308

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