616, U-Bora Tower 1 (Residential)
Sold prices and rental history: sold once, by the developer in July 2013, 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 616, U-Bora Tower 1 (Residential)
What is 616 worth today?
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Source: Dubai Land Department. Updated 27 January 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 930 sqft
- Floor
- 6th of 16
- Parking
- P4-278
- Developer
- Bando Engineering & Construction Co
- Completed
- 2011
- Service charge
- AED 16,600 /yr
- Last sold
- AED 1.17M · July 2013
- Building
- U-Bora Tower 1 (Residential)
About 616, U-Bora Tower 1 (Residential)
616 is a one-bedroom apartment of 930 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 31 July 2013 for AED 1,170,000, or AED 1,258 per sqft, 4% above the AED 1,206 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 27 January 2024, is AED 90,000 a year: a gross yield of 7.7% on the 2013 price, before the service charge of about AED 16,600 a year.
Sales and rents for 616 over time
616 has sold once; 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 616 sits
All 131 1-beds →616 last sold in July 2013 at AED 1,258 per sqft, 4% above what one-beds in U-Bora Tower 1 (Residential) were fetching at the time (AED 1,206). 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. 616's AED 90,000 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 6th floor
All 225 units in U-Bora Tower 1 (Residential)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 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 | |
| 604 | 1-bed | 1,038 sqft | AED 1.3MAED 1,297,500 · Jan 2014January 2014 | 80,000 /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, U-Bora Tower 1 (Residential) in numbers
- Sold once: by Bando Engineering & Construction Co on 31 July 2013 for AED 1,170,000, or AED 1,258 per sqft.
- Rented since January 2013 on 9 Ejari contracts. The rent fell from AED 70,000 to AED 56,000 in 2022 and recovered to AED 90,000 by January 2024.
- At AED 90,000 a year the gross yield on the 2013 price is 7.7%, before a service charge of about AED 16,600 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 27 January 2024.
Questions about 616, U-Bora Tower 1 (Residential)
What did unit 616 last sell for?
AED 1,170,000 on 31 July 2013, sold by the developer: AED 1,258 per sqft for 930 sqft. It is the only registered sale of the unit.
What is the rent for unit 616?
AED 90,000 a year on the contract signed on 27 January 2024. The previous contract, from July 2022, was AED 56,000; the unit has been rented since January 2013.
How big is unit 616?
930 sqft (86.4 sqm): a one-bedroom apartment on the 6th floor of a 16-storey tower completed in 2011.
What is unit 616 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 616, U-Bora Tower 1 (Residential)
Starts from the last sale price (AED 1.17M, 31 July 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,170,000
- Deposit, UAE resident (20%)
- AED 234,000
- Deposit, non-resident (40%)
- AED 468,000
- Monthly over 25 years at 3.7%
- AED 4,787
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →