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2-bed · 1,586 sqftU-Bora Tower 1 (Residential), Business Bay · 8th floor · completed 2011

811, U-Bora Tower 1 (Residential)

Sold prices and rental history: sold 3 times, last in September 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 811 · DLD and Ejari recordsUpdated 20 September 2024
Last soldAED 1.78M20 September 2024
Current rentAED 126K /yr27 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 811, U-Bora Tower 1 (Residential)

What is 811 worth today?

Last sold for AED 1,775,000 in 2024

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20 Sep 2024SoldReady
AED 1,775,000AED 1,119 per sqft
27 Feb 2024RentedRenewal
AED 126,447/yr10 months · AED 80 per sqft
27 Feb 2023RentedNew contract
AED 120,000/yr12 months · AED 76 per sqft
1 Aug 2021RentedNew contract
AED 74,000/yr12 months · AED 47 per sqft
25 Aug 2020RentedNew contract
AED 80,000/yr12 months · AED 50 per sqft
1 Sep 2018RentedNew contract
AED 95,256/yr12 months · AED 60 per sqft
18 Nov 2016RentedRenewal
AED 140,000/yr12 months · AED 88 per sqft
18 Nov 2015RentedNew contract
AED 140,000/yr12 months · AED 88 per sqft

Source: Dubai Land Department. Updated 20 September 2024.

Key facts

Type
2-bed apartment
Size
1,586 sqft
Floor
8th of 16
Parking
P4-180
Developer
Bando Engineering & Construction Co
Completed
2011
Service charge
AED 28,400 /yr
Last sold
AED 1.78M · September 2024
Building
U-Bora Tower 1 (Residential)

About 811, U-Bora Tower 1 (Residential)

811 is a two-bedroom apartment of 1,586 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 20 September 2024 for AED 1,775,000, or AED 1,119 per sqft, in line with the AED 1,119 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 27 February 2024, is AED 126,447 a year: a gross yield of 7.1% on the 2024 price, before the service charge of about AED 28,400 a year.

Sales and rents for 811 over time

Sales
Unit 811, 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, September 2013: AED 1,982,500 (AED 1,250 per sqft)Sold, February 2014: AED 2,300,000 (AED 1,450 per sqft)Sold, September 2024: AED 1,775,000 (AED 1,119 per sqft)

811 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 811, 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 2013: AED 81,000 a yearNew contract, August 2014: AED 156,000 a yearNew contract, November 2015: AED 140,000 a yearRenewal, November 2016: AED 140,000 a yearNew contract, September 2018: AED 95,256 a yearNew contract, August 2020: AED 80,000 a yearNew contract, August 2021: AED 74,000 a yearNew contract, February 2023: AED 120,000 a yearRenewal, February 2024: AED 126,447 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 811 sits

All 88 2-beds →

811 last sold in September 2024 at AED 1,119 per sqft, in line with what two-beds in U-Bora Tower 1 (Residential) were fetching at the time (AED 1,119). 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. 811's AED 126,447 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 →

Other units on the 8th floor

All 225 units in U-Bora Tower 1 (Residential)
Value
8011-bedAED 810K · Oct 2023
8021-bedAED 750K · Aug 2024
8031-bedAED 457K · Mar 2021
8041-bedAED 1.31M · Jan 2014
8051-bedAED 725K · Oct 2020
8072-bedAED 1.1M · Jul 2020
8082-bedAED 1.9M · Sep 2024
1–7 of 21

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

  • Sold 3 times: first on 30 September 2013 for AED 1,982,500, last on 20 September 2024 for AED 1,775,000 (AED 1,119 per sqft).
  • Rented since April 2013 on 9 Ejari contracts, from AED 81,000 to AED 126,447 a year.
  • At AED 126,447 a year the gross yield on the 2024 price is 7.1%, 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 20 September 2024.

Questions about 811, U-Bora Tower 1 (Residential)

What did unit 811 last sell for?

AED 1,775,000 on 20 September 2024: AED 1,119 per sqft for 1,586 sqft. The unit has 3 registered sales; the first was AED 1,982,500 in September 2013.

What is the rent for unit 811?

AED 126,447 a year on the contract renewed on 27 February 2024. The previous contract, from February 2023, was AED 120,000; the unit has been rented since April 2013.

How big is unit 811?

1,586 sqft (147.3 sqm): a two-bedroom apartment on the 8th floor of a 16-storey tower completed in 2011.

What is unit 811 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 811, U-Bora Tower 1 (Residential)

Starts from the last sale price (AED 1.78M, 20 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,775,000
Deposit, UAE resident (20%)
AED 355,000
Deposit, non-resident (40%)
AED 710,000
Monthly over 25 years at 3.7%
AED 7,262

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