1-bed · 1,121 sqftU-Bora Tower 1 (Residential), Business Bay · 9th floor · completed 2011

903, U-Bora Tower 1 (Residential)

Sold prices and rental history: sold once, by the developer in February 2014, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 903 · DLD and Ejari recordsUpdated 2 February 2014
Last soldAED 1.45M2 February 2014
Current rentAED 63K /yr24 May 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 903, U-Bora Tower 1 (Residential)

What is 903 worth today?

Last sold for AED 1,446,090 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

2 Feb 2014Sold by developerReady
AED 1,446,090AED 1,290 per sqft
24 May 2013RentedRenewal
AED 63,000/yr12 months · AED 56 per sqft
24 May 2012RentedNew contract
AED 63,000/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 2 February 2014.

Key facts

Type
1-bed apartment
Size
1,121 sqft
Floor
9th of 16
Parking
P4-091
Developer
Bando Engineering & Construction Co
Completed
2011
Service charge
AED 20,100 /yr
Last sold
AED 1.45M · February 2014

About 903, U-Bora Tower 1 (Residential)

903 is a one-bedroom apartment of 1,121 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. The developer sold it on 2 February 2014 for AED 1,446,090, or AED 1,290 per sqft, in line with the AED 1,258 one-beds in the building were fetching at the time.

It has been rented since 2012 on 2 Ejari contracts. The current contract, renewed on 24 May 2013, is AED 63,000 a year: a gross yield of 4.4% on the 2014 price, before the service charge of about AED 20,100 a year.

Sales and rents for 903 over time

Sales
Unit 903, 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, February 2014: AED 1,446,090 (AED 1,290 per sqft)

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

Rents
Unit 903, 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, May 2012: AED 63,000 a yearRenewal, May 2013: AED 63,000 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 903 sits

All 131 1-beds →

903 last sold in February 2014 at AED 1,290 per sqft, in line with what one-beds in U-Bora Tower 1 (Residential) were fetching at the time (AED 1,258). 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. 903's AED 63,000 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
9011-bedAED 971K · Feb 2014
9021-bedAED 898K · Jan 2018
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

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

  • Sold once: by Bando Engineering & Construction Co on 2 February 2014 for AED 1,446,090, or AED 1,290 per sqft.
  • Rented since May 2012 on 2 Ejari contracts, at AED 63,000 a year.
  • At AED 63,000 a year the gross yield on the 2014 price is 4.4%, before a service charge of about AED 20,100 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 2 February 2014.

Questions about 903, U-Bora Tower 1 (Residential)

What did unit 903 last sell for?

AED 1,446,090 on 2 February 2014, sold by the developer: AED 1,290 per sqft for 1,121 sqft. It is the only registered sale of the unit.

What is the rent for unit 903?

AED 63,000 a year on the contract renewed on 24 May 2013. The previous contract, from May 2012, was AED 63,000.

How big is unit 903?

1,121 sqft (104.1 sqm): a one-bedroom apartment on the 9th floor of a 16-storey tower completed in 2011.

What is unit 903 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.

Selling 903? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 903, U-Bora Tower 1 (Residential)

Starts from the last sale price (AED 1.45M, 2 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,446,090
Deposit, UAE resident (20%)
AED 289,218
Deposit, non-resident (40%)
AED 578,436
Monthly over 25 years at 3.7%
AED 5,916

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