1-bed · 1,112 sqftU-Bora Tower 1 (Residential), Business Bay · 7th floor · completed 2011

706, 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 twice, last in October 2016, 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 706 · DLD and Ejari recordsUpdated 15 August 2025

Last soldAED 1.1M24 October 2016

Current rentAED 95K /yr15 August 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 706, U-Bora Tower 1 (Residential)

Today

What is 706 worth today?

Last sold for AED 1,100,000 in 2016

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15 Aug 2025

15 Aug 2025RentedNew contract

AED 95,000/yr12 months · AED 86 per sqft

25 May 2023

25 May 2023RentedRenewal

AED 75,000/yr12 months · AED 68 per sqft

25 May 2023

25 May 2023RentedRenewal

AED 75,000/yr12 months · AED 68 per sqft

25 May 2022

25 May 2022RentedNew contract

AED 70,000/yr12 months · AED 63 per sqft

1 Aug 2021

1 Aug 2021RentedNew contract · flagged as an outlier

AED 9,973/yr12 months · AED 9 per sqft

24 Oct 2016

24 Oct 2016SoldReady

AED 1,100,000AED 989 per sqft

14 Jan 2014

14 Jan 2014Sold by developerReady

AED 1,401,120AED 1,259 per sqft

2 Apr 2013

2 Apr 2013RentedRenewal

AED 58,300/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 15 August 2025.

Key facts

Type: 1-bed apartment
Size: 1,112 sqft
Floor: 7th of 16
Parking: P4-031
Developer: Bando Engineering & Construction Co
Completed: 2011
Service charge: AED 19,900 /yr
Last sold: AED 1.1M · October 2016
Building: U-Bora Tower 1 (Residential)

About 706, U-Bora Tower 1 (Residential)

706 is a one-bedroom apartment of 1,112 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 24 October 2016 for AED 1,100,000, or AED 989 per sqft, 17% below the AED 1,194 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 15 August 2025, is AED 95,000 a year: a gross yield of 8.6% on the 2016 price, before the service charge of about AED 19,900 a year.

Sales and rents for 706 over time

Sales

Unit 706, each saleTypical one-bed in U-Bora Tower 1 (Residential)

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

Rents

Unit 706, 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 706 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

706 last sold in October 2016 at AED 989 per sqft, 17% below what one-beds in U-Bora Tower 1 (Residential) were fetching at the time (AED 1,194). 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. 706's AED 95,000 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 7th floor

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


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
704	1-bed	1,038 sqft	AED 1.2MAED 1,200,000 · Dec 2016December 2016	85,000 /yr
705	1-bed	1,007 sqft	AED 1.01MAED 1,010,000 · Mar 2024March 2024	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

1–7 of 15

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

Sold twice: first on 14 January 2014 for AED 1,401,120, last on 24 October 2016 for AED 1,100,000 (AED 989 per sqft).
Rented since April 2012 on 7 Ejari contracts. The rent fell from AED 53,000 to AED 9,973 in 2021 and recovered to AED 95,000 by August 2025.
At AED 95,000 a year the gross yield on the 2016 price is 8.6%, before a service charge of about AED 19,900 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 15 August 2025.

Questions about 706, U-Bora Tower 1 (Residential)

What did unit 706 last sell for?

AED 1,100,000 on 24 October 2016: AED 989 per sqft for 1,112 sqft. The unit has 2 registered sales; the first was AED 1,401,120 in January 2014.

What is the rent for unit 706?

AED 95,000 a year on the contract signed on 15 August 2025. The previous contract, from May 2023, was AED 75,000; the unit has been rented since April 2012.

How big is unit 706?

1,112 sqft (103.3 sqm): a one-bedroom apartment on the 7th floor of a 16-storey tower completed in 2011.

What is unit 706 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 706, U-Bora Tower 1 (Residential)

Starts from the last sale price (AED 1.1M, 24 October 2016). Switch to today's estimate once you have unlocked it.

Price: AED 1,100,000
Deposit, UAE resident (20%): AED 220,000
Deposit, non-resident (40%): AED 440,000
Monthly over 25 years at 3.7%: AED 4,500

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