704, U-Bora Tower 1 (Residential)
Sold prices and rental history: sold twice, last in December 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 704, U-Bora Tower 1 (Residential)
What is 704 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 8 February 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,038 sqft
- Floor
- 7th of 16
- Parking
- P4-104
- Developer
- Bando Engineering & Construction Co
- Completed
- 2011
- Service charge
- AED 18,600 /yr
- Last sold
- AED 1.2M · December 2016
- Building
- U-Bora Tower 1 (Residential)
About 704, U-Bora Tower 1 (Residential)
704 is a one-bedroom apartment of 1,038 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 5 December 2016 for AED 1,200,000, or AED 1,156 per sqft, 3% below the AED 1,193 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 8 February 2026, is AED 85,000 a year: a gross yield of 7.1% on the 2016 price, before the service charge of about AED 18,600 a year.
Sales and rents for 704 over time
704 has sold twice; 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 704 sits
All 131 1-beds →704 last sold in December 2016 at AED 1,156 per sqft, 3% below what one-beds in U-Bora Tower 1 (Residential) were fetching at the time (AED 1,193). 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. 704's AED 85,000 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 7th floor
All 225 units in U-Bora Tower 1 (Residential)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 695 sqft | AED 883KAED 882,650 · Nov 2013November 2013 | 80,000 /yr | |
| 702 | 1-bed | 714 sqft | AED 1.03MAED 1,025,000 · Oct 2025October 2025 | 90,000 /yr | |
| 703 | 1-bed | 1,294 sqft | AED 1.45MAED 1,450,000 · Feb 2025February 2025 | 80,000 /yr | |
| 705 | 1-bed | 1,007 sqft | AED 1.01MAED 1,010,000 · Mar 2024March 2024 | 95,000 /yr | |
| 706 | 1-bed | 1,112 sqft | AED 1.1MAED 1,100,000 · Oct 2016October 2016 | 95,000 /yr | |
| 707 | 2-bed | 1,931 sqft | AED 1.55MAED 1,550,000 · Aug 2023August 2023 | 140,000 /yr | |
| 708 | 2-bed | 1,551 sqft | AED 1.97MAED 1,969,770 · Oct 2013October 2013 | 115,000 /yr | |
| 709 | 2-bed | 1,563 sqft | AED 1.95MAED 1,953,750 · Sep 2013September 2013 | 83,000 /yr | |
| 710 | 2-bed | 1,564 sqft | AED 1.8MAED 1,800,000 · Oct 2025October 2025 | 102,742 /yr | |
| 711 | 2-bed | 1,586 sqft | AED 1.6MAED 1,600,000 · Aug 2023August 2023 | 93,500 /yr | |
| 712 | 3-bed | 2,271 sqft | AED 2.9MAED 2,900,000 · Nov 2025November 2025 | 139,150 /yr | |
| 713 | 1-bed | 930 sqft | AED 1.1MAED 1,100,000 · Mar 2019March 2019 | 85,000 /yr | |
| 714 | 1-bed | 930 sqft | AED 1.25MAED 1,250,000 · Jul 2026July 2026 | 90,000 /yr | |
| 715 | 1-bed | 931 sqft | AED 1.05MAED 1,050,000 · Jun 2017June 2017 | 76,403 /yr | |
| 716 | 1-bed | 930 sqft | AED 800KAED 800,000 · Jan 2021January 2021 | 90,243 /yr |
704, U-Bora Tower 1 (Residential) in numbers
- Sold twice: first on 8 December 2013 for AED 1,318,260, last on 5 December 2016 for AED 1,200,000 (AED 1,156 per sqft).
- Rented since November 2020 on 7 Ejari contracts, from AED 54,000 to AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2016 price is 7.1%, 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 8 February 2026.
Questions about 704, U-Bora Tower 1 (Residential)
What did unit 704 last sell for?
AED 1,200,000 on 5 December 2016: AED 1,156 per sqft for 1,038 sqft. The unit has 2 registered sales; the first was AED 1,318,260 in December 2013.
What is the rent for unit 704?
AED 85,000 a year on the contract renewed on 8 February 2026. The previous contract, from February 2025, was AED 85,000; the unit has been rented since November 2020.
How big is unit 704?
1,038 sqft (96.4 sqm): a one-bedroom apartment on the 7th floor of a 16-storey tower completed in 2011.
What is unit 704 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.
Selling 704? 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.
Mortgage on 704, U-Bora Tower 1 (Residential)
Starts from the last sale price (AED 1.2M, 5 December 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,200,000
- Deposit, UAE resident (20%)
- AED 240,000
- Deposit, non-resident (40%)
- AED 480,000
- Monthly over 25 years at 3.7%
- AED 4,910
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →