2-bed · 1,563 sqftU-Bora Tower 1 (Residential), Business Bay · 9th floor · completed 2011

909, U-Bora Tower 1 (Residential)

Sold prices and rental history: sold twice, last in August 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 909 · DLD and Ejari recordsUpdated 14 August 2024
Last soldAED 1.85M14 August 2024
Current rentAED 93K /yr15 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 909, U-Bora Tower 1 (Residential)

What is 909 worth today?

Last sold for AED 1,850,000 in 2024

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14 Aug 2024SoldReady
AED 1,850,000AED 1,183 per sqft
15 Nov 2023RentedRenewal
AED 93,450/yr12 months · AED 60 per sqft
15 Nov 2022RentedRenewal
AED 93,450/yr12 months · AED 60 per sqft
15 Nov 2021RentedNew contract
AED 84,000/yr12 months · AED 54 per sqft
25 Dec 2020RentedNew contract
AED 70,000/yr12 months · AED 45 per sqft
10 Mar 2019RentedNew contract
AED 110,000/yr12 months · AED 70 per sqft
15 Mar 2018RentedNew contract
AED 120,000/yr12 months · AED 77 per sqft
1 Jan 2017RentedNew contract
AED 130,000/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 14 August 2024.

Key facts

Type
2-bed apartment
Size
1,563 sqft
Floor
9th of 16
Parking
P4-185
Developer
Bando Engineering & Construction Co
Completed
2011
Service charge
AED 28,000 /yr
Last sold
AED 1.85M · August 2024

About 909, U-Bora Tower 1 (Residential)

909 is a two-bedroom apartment of 1,563 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 14 August 2024 for AED 1,850,000, or AED 1,183 per sqft, 11% above the AED 1,064 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 15 November 2023, is AED 93,450 a year: a gross yield of 5.1% on the 2024 price, before the service charge of about AED 28,000 a year.

Sales and rents for 909 over time

Sales
Unit 909, 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, November 2013: AED 2,000,640 (AED 1,279 per sqft)Sold, August 2024: AED 1,850,000 (AED 1,183 per sqft)

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

Rents
Unit 909, 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, May 2013: AED 80,000 a yearNew contract, January 2017: AED 130,000 a yearNew contract, March 2018: AED 120,000 a yearNew contract, March 2019: AED 110,000 a yearNew contract, December 2020: AED 70,000 a yearNew contract, November 2021: AED 84,000 a yearRenewal, November 2022: AED 93,450 a yearRenewal, November 2023: AED 93,450 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 909 sits

All 88 2-beds →

909 last sold in August 2024 at AED 1,183 per sqft, 11% above what two-beds in U-Bora Tower 1 (Residential) were fetching at the time (AED 1,064). 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. 909's AED 93,450 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 →
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

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

  • Sold twice: first on 26 November 2013 for AED 2,000,640, last on 14 August 2024 for AED 1,850,000 (AED 1,183 per sqft).
  • Rented since May 2013 on 8 Ejari contracts. The rent fell from AED 80,000 to AED 70,000 in 2020 and recovered to AED 93,450 by November 2023.
  • At AED 93,450 a year the gross yield on the 2024 price is 5.1%, before a service charge of about AED 28,000 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 14 August 2024.

Questions about 909, U-Bora Tower 1 (Residential)

What did unit 909 last sell for?

AED 1,850,000 on 14 August 2024: AED 1,183 per sqft for 1,563 sqft. The unit has 2 registered sales; the first was AED 2,000,640 in November 2013.

What is the rent for unit 909?

AED 93,450 a year on the contract renewed on 15 November 2023. The previous contract, from November 2022, was AED 93,450; the unit has been rented since May 2013.

How big is unit 909?

1,563 sqft (145.2 sqm): a two-bedroom apartment on the 9th floor of a 16-storey tower completed in 2011.

What is unit 909 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 909, U-Bora Tower 1 (Residential)

Starts from the last sale price (AED 1.85M, 14 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,850,000
Deposit, UAE resident (20%)
AED 370,000
Deposit, non-resident (40%)
AED 740,000
Monthly over 25 years at 3.7%
AED 7,569

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