3-bed · 2,335 sqftU-Bora Tower 1 (Residential), Business Bay · 8th floor · completed 2011

812, U-Bora Tower 1 (Residential)

Sold prices and rental history: sold once, by the developer in December 2013, and rented once, from May 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 812 · DLD and Ejari recordsUpdated 18 December 2013
Last soldAED 2.99M18 December 2013
Current rentAED 112K /yr1 May 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 812, U-Bora Tower 1 (Residential)

What is 812 worth today?

Last sold for AED 2,988,800 in 2013

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18 Dec 2013Sold by developerReady
AED 2,988,800AED 1,279 per sqft
1 May 2013RentedNew contract
AED 112,000/yr12 months · AED 48 per sqft

Source: Dubai Land Department. Updated 18 December 2013.

Key facts

Type
3-bed apartment
Size
2,335 sqft
Floor
8th of 16
Parking
P4-251,252
Developer
Bando Engineering & Construction Co
Completed
2011
Service charge
AED 41,800 /yr
Last sold
AED 2.99M · December 2013

About 812, U-Bora Tower 1 (Residential)

812 is a three-bedroom apartment of 2,335 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. The developer sold it on 18 December 2013 for AED 2,988,800, or AED 1,279 per sqft, in line with the AED 1,279 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 May 2013. The current contract, signed on 1 May 2013, is AED 112,000 a year: a gross yield of 3.8% on the 2013 price, before the service charge of about AED 41,800 a year.

Sales and rents for 812 over time

Rents
Unit 812, each contractTypical three-bed in U-Bora Tower 1 (Residential)
100K150K200K2012201520182021Typical rent by year: 2012 AED 125,000; 2013 AED 125,000; 2015 AED 190,000; 2016 AED 190,000; 2019 AED 130,000; 2020 AED 120,000; 2021 AED 115,000; 2022 AED 120,000New contract, May 2013: AED 112,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in U-Bora Tower 1 (Residential), and where 812 sits

All 6 3-beds →

812 last sold in December 2013 at AED 1,279 per sqft, in line with what three-beds in U-Bora Tower 1 (Residential) were fetching at the time (AED 1,279). Over the last 12 months three-beds sold for AED 2,900,000, around AED 1,276 per sqft, and rent for AED 200,000 to 200,000 a year. 812's AED 112,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
25 Nov 20252,900,000
25 Jul 20253,050,000
22 Jan 20242,500,000
19 Jun 20232,300,000
1 3-bed sale 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
8051-bedAED 725K · Oct 2020
8072-bedAED 1.1M · Jul 2020
8082-bedAED 1.9M · Sep 2024
1–7 of 21

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

  • Sold once: by Bando Engineering & Construction Co on 18 December 2013 for AED 2,988,800, or AED 1,279 per sqft.
  • Rented since May 2013 on one Ejari contract, at AED 112,000 a year.
  • At AED 112,000 a year the gross yield on the 2013 price is 3.8%, before a service charge of about AED 41,800 a year (AED 17.90 per sqft).
  • Three-beds in U-Bora Tower 1 (Residential) sold for AED 2,900,000–2,900,000 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 18 December 2013.

Questions about 812, U-Bora Tower 1 (Residential)

What did unit 812 last sell for?

AED 2,988,800 on 18 December 2013, sold by the developer: AED 1,279 per sqft for 2,335 sqft. It is the only registered sale of the unit.

What is the rent for unit 812?

AED 112,000 a year on the contract signed on 1 May 2013.

How big is unit 812?

2,335 sqft (216.9 sqm): a three-bedroom apartment on the 8th floor of a 16-storey tower completed in 2011.

What is unit 812 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in U-Bora Tower 1 (Residential) sold for AED 2,900,000 to 2,900,000 in the last 12 months, around AED 1,276 per sqft.

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Mortgage on 812, U-Bora Tower 1 (Residential)

Starts from the last sale price (AED 2.99M, 18 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,988,800
Deposit, UAE resident (20%)
AED 597,760
Deposit, non-resident (40%)
AED 1,195,520
Monthly over 25 years at 3.7%
AED 12,228

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