1-bed · 1,007 sqftU-Bora Tower 1 (Residential), Business Bay · 8th floor · completed 2011

805, U-Bora Tower 1 (Residential)

Sold prices and rental history: sold twice, last in October 2020, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 805 · DLD and Ejari recordsUpdated 22 October 2020
Last soldAED 725K22 October 2020
Current rentAED 70K /yr1 July 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 805, U-Bora Tower 1 (Residential)

What is 805 worth today?

Last sold for AED 725,000 in 2020

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22 Oct 2020SoldReady
AED 725,000AED 719 per sqft
1 Jul 2018RentedNew contract
AED 70,000/yr12 months · AED 69 per sqft
2 Mar 2017RentedRenewal
AED 95,000/yr12 months · AED 94 per sqft
1 Mar 2016RentedNew contract
AED 94,745/yr12 months · AED 94 per sqft
25 Feb 2014Sold by developerReady
AED 1,288,960AED 1,280 per sqft
1 Feb 2013RentedRenewal
AED 56,948/yr13 months · AED 57 per sqft
1 Feb 2012RentedNew contract
AED 62,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 22 October 2020.

Key facts

Type
1-bed apartment
Size
1,007 sqft
Floor
8th of 16
Parking
P4-099
Developer
Bando Engineering & Construction Co
Completed
2011
Service charge
AED 18,000 /yr
Last sold
AED 725K · October 2020

About 805, U-Bora Tower 1 (Residential)

805 is a one-bedroom apartment of 1,007 sqft on the 8th 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 22 October 2020 for AED 725,000, or AED 719 per sqft, 4% below the AED 750 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, signed on 1 July 2018, is AED 70,000 a year: a gross yield of 9.7% on the 2020 price, before the service charge of about AED 18,000 a year.

Sales and rents for 805 over time

Sales
Unit 805, each saleTypical one-bed in U-Bora Tower 1 (Residential)
1M2009201420192024Typical 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, February 2014: AED 1,288,960 (AED 1,280 per sqft)Sold, October 2020: AED 725,000 (AED 719 per sqft)

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

Rents
Unit 805, 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, February 2012: AED 62,000 a yearRenewal, February 2013: AED 56,948 a yearNew contract, March 2016: AED 94,745 a yearRenewal, March 2017: AED 95,000 a yearNew contract, July 2018: AED 70,000 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 805 sits

All 131 1-beds →

805 last sold in October 2020 at AED 719 per sqft, 4% below what one-beds in U-Bora Tower 1 (Residential) were fetching at the time (AED 750). 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. 805's AED 70,000 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
8011-bedAED 810K · Oct 2023
8021-bedAED 750K · Aug 2024
8031-bedAED 457K · Mar 2021
8041-bedAED 1.31M · Jan 2014
8072-bedAED 1.1M · Jul 2020
8082-bedAED 1.9M · Sep 2024
8092-bedAED 1.7M · Mar 2024
1–7 of 21

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

  • Sold twice: first on 25 February 2014 for AED 1,288,960, last on 22 October 2020 for AED 725,000 (AED 719 per sqft).
  • Rented since February 2012 on 5 Ejari contracts, from AED 62,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2020 price is 9.7%, before a service charge of about AED 18,000 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 22 October 2020.

Questions about 805, U-Bora Tower 1 (Residential)

What did unit 805 last sell for?

AED 725,000 on 22 October 2020: AED 719 per sqft for 1,007 sqft. The unit has 2 registered sales; the first was AED 1,288,960 in February 2014.

What is the rent for unit 805?

AED 70,000 a year on the contract signed on 1 July 2018. The previous contract, from March 2017, was AED 95,000; the unit has been rented since February 2012.

How big is unit 805?

1,007 sqft (93.6 sqm): a one-bedroom apartment on the 8th floor of a 16-storey tower completed in 2011.

What is unit 805 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 805, U-Bora Tower 1 (Residential)

Starts from the last sale price (AED 725K, 22 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 725,000
Deposit, UAE resident (20%)
AED 145,000
Deposit, non-resident (40%)
AED 290,000
Monthly over 25 years at 3.7%
AED 2,966

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