1-bed · 714 sqftU-Bora Tower 1 (Residential), Business Bay · 9th floor · completed 2011

902, U-Bora Tower 1 (Residential)

Sold prices and rental history: sold twice, last in January 2018, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 902 · DLD and Ejari recordsUpdated 3 January 2018
Last soldAED 898K3 January 2018
Current rentAED 80K /yr10 February 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 902, U-Bora Tower 1 (Residential)

What is 902 worth today?

Last sold for AED 897,500 in 2018

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3 Jan 2018SoldReady
AED 897,500AED 1,257 per sqft
10 Feb 2016RentedNew contract
AED 80,000/yr12 months · AED 113 per sqft
1 Jun 2014RentedNew contract
AED 68,000/yr12 months · AED 96 per sqft
5 Jan 2014Sold by developerReady
AED 913,920AED 1,280 per sqft
1 Jun 2013RentedNew contract
AED 52,500/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 3 January 2018.

Key facts

Type
1-bed apartment
Size
714 sqft
Floor
9th of 16
Parking
P4-065
Developer
Bando Engineering & Construction Co
Completed
2011
Service charge
AED 12,800 /yr
Last sold
AED 898K · January 2018

About 902, U-Bora Tower 1 (Residential)

902 is a one-bedroom apartment of 714 sqft on the 9th 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 3 January 2018 for AED 897,500, or AED 1,257 per sqft, 5% above the AED 1,192 one-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 10 February 2016, is AED 80,000 a year: a gross yield of 8.9% on the 2018 price, before the service charge of about AED 12,800 a year.

Sales and rents for 902 over time

Sales
Unit 902, 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, January 2014: AED 913,920 (AED 1,280 per sqft)Sold, January 2018: AED 897,500 (AED 1,257 per sqft)

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

Rents
Unit 902, 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, June 2013: AED 52,500 a yearNew contract, June 2014: AED 68,000 a yearNew contract, February 2016: AED 80,000 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 902 sits

All 131 1-beds →

902 last sold in January 2018 at AED 1,257 per sqft, 5% above what one-beds in U-Bora Tower 1 (Residential) were fetching at the time (AED 1,192). 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. 902's AED 80,000 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
9011-bedAED 971K · Feb 2014
9031-bedAED 1.45M · Feb 2014
9041-bedAED 1.14M · Oct 2013
9051-bedAED 1.11M · Jan 2014
9072-bedAED 1.59M · Nov 2023
9082-bedAED 1.22M · Jun 2022
9092-bedAED 1.85M · Aug 2024
1–7 of 21

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

  • Sold twice: first on 5 January 2014 for AED 913,920, last on 3 January 2018 for AED 897,500 (AED 1,257 per sqft).
  • Rented since June 2013 on 3 Ejari contracts, from AED 52,500 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2018 price is 8.9%, before a service charge of about AED 12,800 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 3 January 2018.

Questions about 902, U-Bora Tower 1 (Residential)

What did unit 902 last sell for?

AED 897,500 on 3 January 2018: AED 1,257 per sqft for 714 sqft. The unit has 2 registered sales; the first was AED 913,920 in January 2014.

What is the rent for unit 902?

AED 80,000 a year on the contract signed on 10 February 2016. The previous contract, from June 2014, was AED 68,000; the unit has been rented since June 2013.

How big is unit 902?

714 sqft (66.3 sqm): a one-bedroom apartment on the 9th floor of a 16-storey tower completed in 2011.

What is unit 902 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 902, U-Bora Tower 1 (Residential)

Starts from the last sale price (AED 898K, 3 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 897,500
Deposit, UAE resident (20%)
AED 179,500
Deposit, non-resident (40%)
AED 359,000
Monthly over 25 years at 3.7%
AED 3,672

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