2-bed · 2,195 sqftU-Bora Tower 1 (Residential), Business Bay · 6th floor · completed 2011

612, U-Bora Tower 1 (Residential)

Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 612 · DLD and Ejari recordsUpdated 26 June 2026
Last soldAED 2.53M21 May 2024
Current rentAED 190K /yr26 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 612, U-Bora Tower 1 (Residential)

What is 612 worth today?

Last sold for AED 2,525,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

26 Jun 2026RentedNew contract
AED 190,000/yr12 months · AED 87 per sqft
26 Jun 2026RentedNew contract
AED 190,000/yr12 months · AED 87 per sqft
21 May 2024SoldReady
AED 2,525,000AED 1,150 per sqft
7 Mar 2023RentedNew contract
AED 150,000/yr12 months · AED 68 per sqft
1 Jan 2022RentedRenewal
AED 121,000/yr12 months · AED 55 per sqft
1 Jan 2021RentedNew contract
AED 110,000/yr12 months · AED 50 per sqft
1 Oct 2018RentedNew contract
AED 125,000/yr12 months · AED 57 per sqft
5 Apr 2017RentedNew contract
AED 140,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 26 June 2026.

Key facts

Type
2-bed apartment
Size
2,195 sqft
Floor
6th of 16
Parking
P4-305
Developer
Bando Engineering & Construction Co
Completed
2011
Service charge
AED 39,300 /yr
Last sold
AED 2.53M · May 2024

About 612, U-Bora Tower 1 (Residential)

612 is a two-bedroom apartment of 2,195 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. It last sold on 21 May 2024 for AED 2,525,000, or AED 1,150 per sqft, 8% above the AED 1,064 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, signed on 26 June 2026, is AED 190,000 a year: a gross yield of 7.5% on the 2024 price, before the service charge of about AED 39,300 a year.

Sales and rents for 612 over time

Sales
Unit 612, each saleTypical two-bed in U-Bora Tower 1 (Residential)
1M2M3M2009201420192024Typical sale price by year: 2009 AED 2,620,985; 2012 AED 2,447,753; 2013 AED 1,976,135; 2014 AED 2,610,405; 2015 AED 2,200,000; 2016 AED 1,350,000; 2017 AED 1,825,000; 2020 AED 1,200,000; 2021 AED 1,525,000; 2022 AED 1,260,000; 2023 AED 1,550,000; 2024 AED 1,875,000; 2025 AED 2,428,404; 2026 AED 2,152,500Sold by developer, January 2014: AED 2,743,750 (AED 1,250 per sqft)Sold, May 2024: AED 2,525,000 (AED 1,150 per sqft)

612 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 612, each contractTypical two-bed in U-Bora Tower 1 (Residential)
100K150K200K2012201620202024Typical rent by year: 2012 AED 86,001; 2013 AED 90,000; 2014 AED 150,000; 2015 AED 150,000; 2016 AED 140,000; 2017 AED 130,000; 2018 AED 120,000; 2019 AED 110,000; 2020 AED 80,000; 2021 AED 84,000; 2022 AED 93,500; 2023 AED 105,000; 2024 AED 120,000; 2025 AED 136,453; 2026 AED 137,000New contract, July 2012: AED 95,000 a yearRenewal, July 2013: AED 100,000 a yearNew contract, May 2014: AED 175,000 a yearNew contract, April 2017: AED 140,000 a yearNew contract, October 2018: AED 125,000 a yearNew contract, January 2021: AED 110,000 a yearRenewal, January 2022: AED 121,000 a yearNew contract, March 2023: AED 150,000 a yearNew contract, June 2026: AED 190,000 a yearNew contract, June 2026: AED 190,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in U-Bora Tower 1 (Residential), and where 612 sits

All 88 2-beds →

612 last sold in May 2024 at AED 1,150 per sqft, 8% above what two-beds in U-Bora Tower 1 (Residential) were fetching at the time (AED 1,064). Over the last 12 months two-beds sold for AED 1,875,000 to 2,300,000, around AED 1,259 per sqft, and rent for AED 117,152 to 200,000 a year. 612's AED 190,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 Oct 20262,065,000
12 May 20262,240,000
31 Mar 20262,300,000
18 Feb 20261,875,000
4 2-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
6021-bedAED 893K · Jan 2014
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
1–7 of 15

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

  • Sold twice: first on 11 January 2014 for AED 2,743,750, last on 21 May 2024 for AED 2,525,000 (AED 1,150 per sqft).
  • Rented since July 2012 on 10 Ejari contracts, from AED 95,000 to AED 190,000 a year.
  • At AED 190,000 a year the gross yield on the 2024 price is 7.5%, before a service charge of about AED 39,300 a year (AED 17.90 per sqft).
  • Two-beds in U-Bora Tower 1 (Residential) sold for AED 1,875,000–2,300,000 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 26 June 2026.

Questions about 612, U-Bora Tower 1 (Residential)

What did unit 612 last sell for?

AED 2,525,000 on 21 May 2024: AED 1,150 per sqft for 2,195 sqft. The unit has 2 registered sales; the first was AED 2,743,750 in January 2014.

What is the rent for unit 612?

AED 190,000 a year on the contract signed on 26 June 2026. The previous contract, from June 2026, was AED 190,000; the unit has been rented since July 2012.

How big is unit 612?

2,195 sqft (203.9 sqm): a two-bedroom apartment on the 6th floor of a 16-storey tower completed in 2011.

What is unit 612 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in U-Bora Tower 1 (Residential) sold for AED 1,875,000 to 2,300,000 in the last 12 months, around AED 1,259 per sqft.

Selling 612? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 612, U-Bora Tower 1 (Residential)

Starts from the last sale price (AED 2.53M, 21 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,525,000
Deposit, UAE resident (20%)
AED 505,000
Deposit, non-resident (40%)
AED 1,010,000
Monthly over 25 years at 3.7%
AED 10,331

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