2-bed · 1,586 sqftU-Bora Tower 1 (Residential), Business Bay · 7th floor · completed 2011

711, 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 4 times, 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.

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Unit 711 · DLD and Ejari recordsUpdated 24 August 2023

Last soldAED 1.6M24 August 2023

Current rentAED 94K /yr25 July 2022

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 711, U-Bora Tower 1 (Residential)

Today

What is 711 worth today?

Last sold for AED 1,600,000 in 2023

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24 Aug 2023

24 Aug 2023SoldReady

AED 1,600,000AED 1,008 per sqft

25 Jul 2022

25 Jul 2022RentedRenewal

AED 93,500/yr12 months · AED 59 per sqft

25 Jul 2021

25 Jul 2021RentedRenewal

AED 85,000/yr12 months · AED 54 per sqft

25 Jul 2020

25 Jul 2020RentedNew contract

AED 80,000/yr12 months · AED 50 per sqft

22 Nov 2017

22 Nov 2017SoldReady

AED 1,800,000AED 1,134 per sqft

22 Nov 2015

22 Nov 2015RentedNew contract

AED 140,000/yr12 months · AED 88 per sqft

6 Sep 2015

6 Sep 2015SoldReady

AED 2,200,000AED 1,387 per sqft

26 Sep 2013

26 Sep 2013Sold by developerReady

AED 1,982,500AED 1,250 per sqft

Source: Dubai Land Department. Updated 24 August 2023.

Key facts

Type: 2-bed apartment
Size: 1,586 sqft
Floor: 7th of 16
Parking: P4-309
Developer: Bando Engineering & Construction Co
Completed: 2011
Service charge: AED 28,400 /yr
Last sold: AED 1.6M · August 2023
Building: U-Bora Tower 1 (Residential)

About 711, U-Bora Tower 1 (Residential)

711 is a two-bedroom apartment of 1,586 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 August 2023 for AED 1,600,000, or AED 1,008 per sqft, 23% above the AED 817 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, renewed on 25 July 2022, is AED 93,500 a year: a gross yield of 5.8% on the 2023 price, before the service charge of about AED 28,400 a year.

Sales and rents for 711 over time

Sales

Unit 711, each saleTypical two-bed in U-Bora Tower 1 (Residential)

711 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents

Unit 711, each contractTypical two-bed in U-Bora Tower 1 (Residential)

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 711 sits

All 88 2-beds →

2-beds in U-Bora Tower 1 (Residential) · last 12 months1,259 /sqft U-Bora Tower 1 (Residential) · all types1,227 /sqft

711 last sold in August 2023 at AED 1,008 per sqft, 23% above what two-beds in U-Bora Tower 1 (Residential) were fetching at the time (AED 817). 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. 711's AED 93,500 is at the bottom of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
15 Oct 202615 October 2026	1,564 sqft	2,065,000	1,320
12 May 202612 May 2026	3,499 sqft	2,240,000	640
31 Mar 202631 March 2026	1,683 sqft	2,300,000	1,366
18 Feb 202618 February 2026	1,564 sqft	1,875,000	1,198

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 →

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
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
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

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

Sold 4 times: first on 26 September 2013 for AED 1,982,500, last on 24 August 2023 for AED 1,600,000 (AED 1,008 per sqft).
Rented since April 2012 on 6 Ejari contracts, from AED 70,000 to AED 93,500 a year.
At AED 93,500 a year the gross yield on the 2023 price is 5.8%, before a service charge of about AED 28,400 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 24 August 2023.

Questions about 711, U-Bora Tower 1 (Residential)

What did unit 711 last sell for?

AED 1,600,000 on 24 August 2023: AED 1,008 per sqft for 1,586 sqft. The unit has 4 registered sales; the first was AED 1,982,500 in September 2013.

What is the rent for unit 711?

AED 93,500 a year on the contract renewed on 25 July 2022. The previous contract, from July 2021, was AED 85,000; the unit has been rented since April 2012.

How big is unit 711?

1,586 sqft (147.3 sqm): a two-bedroom apartment on the 7th floor of a 16-storey tower completed in 2011.

What is unit 711 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 711, U-Bora Tower 1 (Residential)

Starts from the last sale price (AED 1.6M, 24 August 2023). Switch to today's estimate once you have unlocked it.

Price: AED 1,600,000
Deposit, UAE resident (20%): AED 320,000
Deposit, non-resident (40%): AED 640,000
Monthly over 25 years at 3.7%: AED 6,546

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