1-bed · 923 sqftU-Bora Tower 1 (Residential), Business Bay · 9th floor · completed 2011

906B, U-Bora Tower 1 (Residential)

Sold prices and rental history: sold 3 times, last in August 2020, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 906B · DLD and Ejari recordsUpdated 1 June 2024
Last soldAED 720K3 August 2020
Current rentAED 90K /yr1 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 906B, U-Bora Tower 1 (Residential)

What is 906B worth today?

Last sold for AED 720,000 in 2020

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1 Jun 2024RentedNew contract
AED 90,000/yr12 months · AED 97 per sqft
1 Jan 2024RentedNew contract
AED 93,750/yr4 months · AED 102 per sqft
1 Jan 2023RentedNew contract
AED 75,000/yr12 months · AED 81 per sqft
5 Nov 2021RentedNew contract
AED 52,000/yr12 months · AED 56 per sqft
5 Nov 2020RentedNew contract
AED 50,000/yr12 months · AED 54 per sqft
3 Aug 2020SoldReady
AED 720,000AED 780 per sqft
28 Feb 2016SoldReady
AED 1,290,000AED 1,397 per sqft
7 Nov 2013Sold by developerReady
AED 1,190,670AED 1,289 per sqft

Source: Dubai Land Department. Updated 1 June 2024.

Key facts

Type
1-bed apartment
Size
923 sqft
Floor
9th of 16
Parking
P4-095
Developer
Bando Engineering & Construction Co
Completed
2011
Service charge
AED 16,500 /yr
Last sold
AED 720K · August 2020

About 906B, U-Bora Tower 1 (Residential)

906B is a one-bedroom apartment of 923 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 August 2020 for AED 720,000, or AED 780 per sqft, in line with the AED 780 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, signed on 1 June 2024, is AED 90,000 a year: a gross yield of 12.5% on the 2020 price, before the service charge of about AED 16,500 a year.

Sales and rents for 906B over time

Sales
Unit 906B, 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, November 2013: AED 1,190,670 (AED 1,289 per sqft)Sold, February 2016: AED 1,290,000 (AED 1,397 per sqft)Sold, August 2020: AED 720,000 (AED 780 per sqft)

906B has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 906B, each contractTypical one-bed in U-Bora Tower 1 (Residential)
50K75K100K2012201620202024Typical 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, September 2012: AED 50,000 a yearNew contract, November 2020: AED 50,000 a yearNew contract, November 2021: AED 52,000 a yearNew contract, January 2023: AED 75,000 a yearNew contract, January 2024: AED 93,750 a yearNew contract, June 2024: AED 90,000 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 906B sits

All 131 1-beds →

906B last sold in August 2020 at AED 780 per sqft, in line with what one-beds in U-Bora Tower 1 (Residential) were fetching at the time (AED 780). 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. 906B's AED 90,000 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
9021-bedAED 898K · Jan 2018
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
1–7 of 21

906B, U-Bora Tower 1 (Residential) in numbers

  • Sold 3 times: first on 7 November 2013 for AED 1,190,670, last on 3 August 2020 for AED 720,000 (AED 780 per sqft).
  • Rented since September 2012 on 6 Ejari contracts, from AED 50,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2020 price is 12.5%, before a service charge of about AED 16,500 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 1 June 2024.

Questions about 906B, U-Bora Tower 1 (Residential)

What did unit 906B last sell for?

AED 720,000 on 3 August 2020: AED 780 per sqft for 923 sqft. The unit has 3 registered sales; the first was AED 1,190,670 in November 2013.

What is the rent for unit 906B?

AED 90,000 a year on the contract signed on 1 June 2024. The previous contract, from January 2024, was AED 93,750; the unit has been rented since September 2012.

How big is unit 906B?

923 sqft (85.7 sqm): a one-bedroom apartment on the 9th floor of a 16-storey tower completed in 2011.

What is unit 906B 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 906B, U-Bora Tower 1 (Residential)

Starts from the last sale price (AED 720K, 3 August 2020). Switch to today's estimate once you have unlocked it.
Price
AED 720,000
Deposit, UAE resident (20%)
AED 144,000
Deposit, non-resident (40%)
AED 288,000
Monthly over 25 years at 3.7%
AED 2,946

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