1-bed · 1,294 sqftU-Bora Tower 1 (Residential), Business Bay · 7th floor · completed 2011

703, U-Bora Tower 1 (Residential)

Sold prices and rental history: sold twice, last in February 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 18 February 2025
Last soldAED 1.45M18 February 2025
Current rentAED 80K /yr17 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, U-Bora Tower 1 (Residential)

What is 703 worth today?

Last sold for AED 1,450,000 in 2025

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18 Feb 2025SoldReady
AED 1,450,000AED 1,120 per sqft
17 Jan 2024RentedRenewal
AED 80,000/yr18 months · AED 62 per sqft
17 Jan 2024RentedRenewal
AED 80,000/yr18 months · AED 62 per sqft
17 Jan 2023RentedNew contract
AED 80,000/yr12 months · AED 62 per sqft
20 Jan 2020RentedNew contract
AED 70,000/yr12 months · AED 54 per sqft
3 Apr 2014Sold by developerReady
AED 1,623,970AED 1,254 per sqft
15 May 2013RentedNew contract
AED 59,000/yr12 months · AED 46 per sqft

Source: Dubai Land Department. Updated 18 February 2025.

Key facts

Type
1-bed apartment
Size
1,294 sqft
Floor
7th of 16
Parking
P4-103
Developer
Bando Engineering & Construction Co
Completed
2011
Service charge
AED 23,200 /yr
Last sold
AED 1.45M · February 2025

About 703, U-Bora Tower 1 (Residential)

703 is a one-bedroom apartment of 1,294 sqft on the 7th 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 18 February 2025 for AED 1,450,000, or AED 1,120 per sqft, in line with the AED 1,096 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 17 January 2024, is AED 80,000 a year: a gross yield of 5.5% on the 2025 price, before the service charge of about AED 23,200 a year.

Sales and rents for 703 over time

Sales
Unit 703, each saleTypical one-bed in U-Bora Tower 1 (Residential)
1M1.5M2009201420192024Typical 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, April 2014: AED 1,623,970 (AED 1,254 per sqft)Sold, February 2025: AED 1,450,000 (AED 1,120 per sqft)

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

Rents
Unit 703, each contractTypical one-bed in U-Bora Tower 1 (Residential)
60K80K100K2012201620202024Typical 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 2013: AED 59,000 a yearNew contract, January 2020: AED 70,000 a yearNew contract, January 2023: AED 80,000 a yearRenewal, January 2024: AED 80,000 a yearRenewal, January 2024: AED 80,000 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 703 sits

All 131 1-beds →

703 last sold in February 2025 at AED 1,120 per sqft, in line with 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. 703's AED 80,000 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
7011-bedAED 883K · Nov 2013
7021-bedAED 1.03M · Oct 2025
7041-bedAED 1.2M · Dec 2016
7051-bedAED 1.01M · Mar 2024
7061-bedAED 1.1M · Oct 2016
7072-bedAED 1.55M · Aug 2023
7082-bedAED 1.97M · Oct 2013
1–7 of 15

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

  • Sold twice: first on 3 April 2014 for AED 1,623,970, last on 18 February 2025 for AED 1,450,000 (AED 1,120 per sqft).
  • Rented since May 2013 on 5 Ejari contracts, from AED 59,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2025 price is 5.5%, before a service charge of about AED 23,200 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 18 February 2025.

Questions about 703, U-Bora Tower 1 (Residential)

What did unit 703 last sell for?

AED 1,450,000 on 18 February 2025: AED 1,120 per sqft for 1,294 sqft. The unit has 2 registered sales; the first was AED 1,623,970 in April 2014.

What is the rent for unit 703?

AED 80,000 a year on the contract renewed on 17 January 2024. The previous contract, from January 2024, was AED 80,000; the unit has been rented since May 2013.

How big is unit 703?

1,294 sqft (120.2 sqm): a one-bedroom apartment on the 7th floor of a 16-storey tower completed in 2011.

What is unit 703 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 703, U-Bora Tower 1 (Residential)

Starts from the last sale price (AED 1.45M, 18 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

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