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2-bed · 1,343 sqftU-Bora Tower 1 (Residential), Business Bay · 9th floor · completed 2011

907, U-Bora Tower 1 (Residential)

Sold prices and rental history: sold 4 times, last in November 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 907 · DLD and Ejari recordsUpdated 27 November 2023
Last soldAED 1.59M27 November 2023
Current rentAED 110K /yr27 August 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 907, U-Bora Tower 1 (Residential)

What is 907 worth today?

Last sold for AED 1,585,000 in 2023

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27 Nov 2023SoldReady
AED 1,585,000AED 1,180 per sqft
15 Sep 2019SoldReady
AED 1,400,000AED 1,042 per sqft
27 Aug 2019RentedNew contract
AED 110,000/yr12 months · AED 82 per sqft
18 Sep 2018RentedRenewal
AED 106,000/yr12 months · AED 79 per sqft
18 Sep 2017RentedNew contract
AED 117,000/yr12 months · AED 87 per sqft
15 Jul 2016RentedNew contract
AED 130,000/yr12 months · AED 97 per sqft
19 May 2015RentedNew contract
AED 140,000/yr12 months · AED 104 per sqft
19 May 2014RentedNew contract
AED 145,000/yr12 months · AED 108 per sqft

Source: Dubai Land Department. Updated 27 November 2023.

Key facts

Type
2-bed apartment
Size
1,343 sqft
Floor
9th of 16
Parking
P4-183
Developer
Bando Engineering & Construction Co
Completed
2011
Service charge
AED 24,000 /yr
Last sold
AED 1.59M · November 2023
Building
U-Bora Tower 1 (Residential)

About 907, U-Bora Tower 1 (Residential)

907 is a two-bedroom apartment of 1,343 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 27 November 2023 for AED 1,585,000, or AED 1,180 per sqft, 20% above the AED 984 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 27 August 2019, is AED 110,000 a year: a gross yield of 6.9% on the 2023 price, before the service charge of about AED 24,000 a year.

Sales and rents for 907 over time

Sales
Unit 907, each saleTypical two-bed in U-Bora Tower 1 (Residential)
1M2M2009201420192024Typical sale price by year: 2009 AED 2,620,985; 2012 AED 2,447,753; 2013 AED 1,976,135; 2014 AED 2,610,405; 2015 AED 2,200,000; 2016 AED 1,350,000; 2017 AED 1,825,000; 2020 AED 1,200,000; 2021 AED 1,525,000; 2022 AED 1,260,000; 2023 AED 1,550,000; 2024 AED 1,875,000; 2025 AED 2,428,404; 2026 AED 2,152,500Sold by developer, April 2012: AED 1,859,811 (AED 1,384 per sqft)Sold, March 2014: AED 1,813,050 (AED 1,349 per sqft)Sold, September 2019: AED 1,400,000 (AED 1,042 per sqft)Sold, November 2023: AED 1,585,000 (AED 1,180 per sqft)

907 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 907, each contractTypical two-bed in U-Bora Tower 1 (Residential)
100K150K2012201620202024Typical rent by year: 2012 AED 86,001; 2013 AED 90,000; 2014 AED 150,000; 2015 AED 150,000; 2016 AED 140,000; 2017 AED 130,000; 2018 AED 120,000; 2019 AED 110,000; 2020 AED 80,000; 2021 AED 84,000; 2022 AED 93,500; 2023 AED 105,000; 2024 AED 120,000; 2025 AED 136,453; 2026 AED 137,000New contract, July 2013: AED 80,000 a yearNew contract, May 2014: AED 145,000 a yearNew contract, May 2015: AED 140,000 a yearNew contract, July 2016: AED 130,000 a yearNew contract, September 2017: AED 117,000 a yearRenewal, September 2018: AED 106,000 a yearNew contract, August 2019: AED 110,000 a year

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

2-beds in U-Bora Tower 1 (Residential), and where 907 sits

All 88 2-beds →

907 last sold in November 2023 at AED 1,180 per sqft, 20% above what two-beds in U-Bora Tower 1 (Residential) were fetching at the time (AED 984). Over the last 12 months two-beds sold for AED 1,875,000 to 2,300,000, around AED 1,259 per sqft, and rent for AED 117,152 to 200,000 a year. 907's AED 110,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 Oct 20262,065,000
12 May 20262,240,000
31 Mar 20262,300,000
18 Feb 20261,875,000
4 2-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 →

Other units on the 9th floor

All 225 units in U-Bora Tower 1 (Residential)
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
9082-bedAED 1.22M · Jun 2022
9092-bedAED 1.85M · Aug 2024
1–7 of 21

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

  • Sold 4 times: first on 23 April 2012 for AED 1,859,811, last on 27 November 2023 for AED 1,585,000 (AED 1,180 per sqft).
  • Rented since July 2013 on 7 Ejari contracts, from AED 80,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2023 price is 6.9%, before a service charge of about AED 24,000 a year (AED 17.90 per sqft).
  • Two-beds in U-Bora Tower 1 (Residential) sold for AED 1,875,000–2,300,000 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 27 November 2023.

Questions about 907, U-Bora Tower 1 (Residential)

What did unit 907 last sell for?

AED 1,585,000 on 27 November 2023: AED 1,180 per sqft for 1,343 sqft. The unit has 4 registered sales; the first was AED 1,859,811 in April 2012.

What is the rent for unit 907?

AED 110,000 a year on the contract signed on 27 August 2019. The previous contract, from September 2018, was AED 106,000; the unit has been rented since July 2013.

How big is unit 907?

1,343 sqft (124.8 sqm): a two-bedroom apartment on the 9th floor of a 16-storey tower completed in 2011.

What is unit 907 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in U-Bora Tower 1 (Residential) sold for AED 1,875,000 to 2,300,000 in the last 12 months, around AED 1,259 per sqft.

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Mortgage on 907, U-Bora Tower 1 (Residential)

Starts from the last sale price (AED 1.59M, 27 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,585,000
Deposit, UAE resident (20%)
AED 317,000
Deposit, non-resident (40%)
AED 634,000
Monthly over 25 years at 3.7%
AED 6,485

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