2-bed · 1,931 sqftU-Bora Tower 1 (Residential), Business Bay · 7th floor · completed 2011

707, U-Bora Tower 1 (Residential)

Sold prices and rental history: sold twice, last in August 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 707 · DLD and Ejari recordsUpdated 2 March 2026
Last soldAED 1.55M18 August 2023
Current rentAED 140K /yr2 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 707, U-Bora Tower 1 (Residential)

What is 707 worth today?

Last sold for AED 1,550,000 in 2023

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2 Mar 2026RentedRenewal
AED 140,000/yr12 months · AED 73 per sqft
1 Mar 2025RentedNew contract
AED 139,625/yr12 months · AED 72 per sqft
1 Mar 2025RentedNew contract
AED 139,625/yr12 months · AED 72 per sqft
18 Aug 2023SoldReady
AED 1,550,000AED 802 per sqft
15 Jul 2022RentedRenewal
AED 92,000/yr12 months · AED 48 per sqft
15 Jul 2021RentedNew contract
AED 85,000/yr12 months · AED 44 per sqft
10 Mar 2020RentedNew contract
AED 85,000/yr12 months · AED 44 per sqft
10 Feb 2014Sold by developerReady
AED 1,226,185AED 634 per sqft

Source: Dubai Land Department. Updated 2 March 2026.

Key facts

Type
2-bed apartment
Size
1,931 sqft
Floor
7th of 16
Parking
P4-282
Developer
Bando Engineering & Construction Co
Completed
2011
Service charge
AED 34,600 /yr
Last sold
AED 1.55M · August 2023

About 707, U-Bora Tower 1 (Residential)

707 is a two-bedroom apartment of 1,931 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 August 2023 for AED 1,550,000, or AED 802 per sqft, in line with the AED 802 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 2 March 2026, is AED 140,000 a year: a gross yield of 9.0% on the 2023 price, before the service charge of about AED 34,600 a year.

Sales and rents for 707 over time

Sales
Unit 707, each saleTypical two-bed in U-Bora Tower 1 (Residential)
1M2M2009201420192024Typical 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, February 2014: AED 1,226,185 (AED 634 per sqft)Sold, August 2023: AED 1,550,000 (AED 802 per sqft)

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

Rents
Unit 707, each contractTypical two-bed in U-Bora Tower 1 (Residential)
100K150K2012201620202024Typical 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, April 2012: AED 75,000 a yearRenewal, April 2013: AED 82,000 a yearNew contract, March 2020: AED 85,000 a yearNew contract, July 2021: AED 85,000 a yearRenewal, July 2022: AED 92,000 a yearNew contract, March 2025: AED 139,625 a yearNew contract, March 2025: AED 139,625 a yearRenewal, March 2026: AED 140,000 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 707 sits

All 88 2-beds →

707 last sold in August 2023 at AED 802 per sqft, in line with what two-beds in U-Bora Tower 1 (Residential) were fetching at the time (AED 802). 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. 707's AED 140,000 is in the lower 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
7011-bedAED 883K · Nov 2013
7021-bedAED 1.03M · Oct 2025
7031-bedAED 1.45M · Feb 2025
7041-bedAED 1.2M · Dec 2016
7051-bedAED 1.01M · Mar 2024
7061-bedAED 1.1M · Oct 2016
7082-bedAED 1.97M · Oct 2013
1–7 of 15

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

  • Sold twice: first on 10 February 2014 for AED 1,226,185, last on 18 August 2023 for AED 1,550,000 (AED 802 per sqft).
  • Rented since April 2012 on 8 Ejari contracts, from AED 75,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2023 price is 9.0%, before a service charge of about AED 34,600 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 2 March 2026.

Questions about 707, U-Bora Tower 1 (Residential)

What did unit 707 last sell for?

AED 1,550,000 on 18 August 2023: AED 802 per sqft for 1,931 sqft. The unit has 2 registered sales; the first was AED 1,226,185 in February 2014.

What is the rent for unit 707?

AED 140,000 a year on the contract renewed on 2 March 2026. The previous contract, from March 2025, was AED 139,625; the unit has been rented since April 2012.

How big is unit 707?

1,931 sqft (179.4 sqm): a two-bedroom apartment on the 7th floor of a 16-storey tower completed in 2011.

What is unit 707 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.

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Mortgage on 707, U-Bora Tower 1 (Residential)

Starts from the last sale price (AED 1.55M, 18 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

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