1-bed · 931 sqftU-Bora Tower 1 (Residential), Business Bay · 8th floor · completed 2011

818, U-Bora Tower 1 (Residential)

Sold prices and rental history: sold 3 times, last in June 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 818 · DLD and Ejari recordsUpdated 13 June 2023
Last soldAED 850K13 June 2023
Current rentAED 52K /yr1 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 818, U-Bora Tower 1 (Residential)

What is 818 worth today?

Last sold for AED 850,000 in 2023

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13 Jun 2023SoldReady
AED 850,000AED 913 per sqft
1 Oct 2022RentedRenewal
AED 52,000/yr12 months · AED 56 per sqft
1 Oct 2021RentedRenewal
AED 52,000/yr12 months · AED 56 per sqft
1 Oct 2020RentedNew contract
AED 52,000/yr12 months · AED 56 per sqft
12 Jul 2018RentedNew contract
AED 80,000/yr12 months · AED 86 per sqft
20 Feb 2014SoldReady
AED 1,418,522AED 1,523 per sqft
11 May 2009Sold by developerOff-plan
AED 1,418,522AED 1,523 per sqft

Source: Dubai Land Department. Updated 13 June 2023.

Key facts

Type
1-bed apartment
Size
931 sqft
Floor
8th of 16
Parking
P4-231
Developer
Bando Engineering & Construction Co
Completed
2011
Service charge
AED 16,700 /yr
Last sold
AED 850K · June 2023

About 818, U-Bora Tower 1 (Residential)

818 is a one-bedroom apartment of 931 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 13 June 2023 for AED 850,000, or AED 913 per sqft, in line with the AED 913 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 1 October 2022, is AED 52,000 a year: a gross yield of 6.1% on the 2023 price, before the service charge of about AED 16,700 a year.

Sales and rents for 818 over time

Sales
Unit 818, each saleTypical one-bed in U-Bora Tower 1 (Residential)
1M1.5M2009201420192024Typical 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, May 2009: AED 1,418,522 (AED 1,523 per sqft)Sold, February 2014: AED 1,418,522 (AED 1,523 per sqft)Sold, June 2023: AED 850,000 (AED 913 per sqft)

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

Rents
Unit 818, 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, July 2018: AED 80,000 a yearNew contract, October 2020: AED 52,000 a yearRenewal, October 2021: AED 52,000 a yearRenewal, October 2022: AED 52,000 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 818 sits

All 131 1-beds →

818 last sold in June 2023 at AED 913 per sqft, in line with what one-beds in U-Bora Tower 1 (Residential) were fetching at the time (AED 913). 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. 818's AED 52,000 is at the bottom 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
8051-bedAED 725K · Oct 2020
8072-bedAED 1.1M · Jul 2020
8082-bedAED 1.9M · Sep 2024
1–7 of 21

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

  • Sold 3 times: first on 11 May 2009 for AED 1,418,522, last on 13 June 2023 for AED 850,000 (AED 913 per sqft).
  • Rented since July 2018 on 4 Ejari contracts, from AED 80,000 to AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2023 price is 6.1%, before a service charge of about AED 16,700 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 13 June 2023.

Questions about 818, U-Bora Tower 1 (Residential)

What did unit 818 last sell for?

AED 850,000 on 13 June 2023: AED 913 per sqft for 931 sqft. The unit has 3 registered sales; the first was AED 1,418,522 in May 2009.

What is the rent for unit 818?

AED 52,000 a year on the contract renewed on 1 October 2022. The previous contract, from October 2021, was AED 52,000; the unit has been rented since July 2018.

How big is unit 818?

931 sqft (86.5 sqm): a one-bedroom apartment on the 8th floor of a 16-storey tower completed in 2011.

What is unit 818 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 818, U-Bora Tower 1 (Residential)

Starts from the last sale price (AED 850K, 13 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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