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2-bed · 1,586 sqftU-Bora Tower 1 (Residential), Business Bay · 9th floor · completed 2011

911, U-Bora Tower 1 (Residential)

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

Unit 911 · DLD and Ejari recordsUpdated 20 October 2023
Last soldAED 1.55M20 October 2023
Current rentAED 110K /yr28 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 911, U-Bora Tower 1 (Residential)

What is 911 worth today?

Last sold for AED 1,550,000 in 2023

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20 Oct 2023SoldReady
AED 1,550,000AED 977 per sqft
28 Jul 2023RentedNew contract
AED 109,705/yr12 months · AED 69 per sqft
15 Jul 2022RentedRenewal
AED 88,000/yr12 months · AED 56 per sqft
15 Jul 2021RentedRenewal
AED 80,000/yr12 months · AED 51 per sqft
15 Jul 2020RentedNew contract
AED 75,000/yr12 months · AED 47 per sqft
4 Oct 2018RentedNew contract
AED 105,000/yr12 months · AED 66 per sqft
14 Sep 2017RentedNew contract
AED 115,000/yr12 months · AED 73 per sqft
6 Jun 2016RentedRenewal
AED 155,000/yr12 months · AED 98 per sqft

Source: Dubai Land Department. Updated 20 October 2023.

Key facts

Type
2-bed apartment
Size
1,586 sqft
Floor
9th of 16
Parking
P4-268
Developer
Bando Engineering & Construction Co
Completed
2011
Service charge
AED 28,400 /yr
Last sold
AED 1.55M · October 2023
Building
U-Bora Tower 1 (Residential)

About 911, U-Bora Tower 1 (Residential)

911 is a two-bedroom apartment of 1,586 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 20 October 2023 for AED 1,550,000, or AED 977 per sqft, 10% above the AED 891 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 28 July 2023, is AED 109,705 a year: a gross yield of 7.1% on the 2023 price, before the service charge of about AED 28,400 a year.

Sales and rents for 911 over time

Sales
Unit 911, 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, August 2013: AED 1,982,500 (AED 1,250 per sqft)Sold, October 2023: AED 1,550,000 (AED 977 per sqft)

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

Rents
Unit 911, 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, April 2013: AED 80,000 a yearNew contract, June 2014: AED 155,000 a yearNew contract, June 2015: AED 155,000 a yearRenewal, June 2016: AED 155,000 a yearNew contract, September 2017: AED 115,000 a yearNew contract, October 2018: AED 105,000 a yearNew contract, July 2020: AED 75,000 a yearRenewal, July 2021: AED 80,000 a yearRenewal, July 2022: AED 88,000 a yearNew contract, July 2023: AED 109,705 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 911 sits

All 88 2-beds →

911 last sold in October 2023 at AED 977 per sqft, 10% above what two-beds in U-Bora Tower 1 (Residential) were fetching at the time (AED 891). 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. 911's AED 109,705 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
9072-bedAED 1.59M · Nov 2023
9082-bedAED 1.22M · Jun 2022
1–7 of 21

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

  • Sold twice: first on 18 August 2013 for AED 1,982,500, last on 20 October 2023 for AED 1,550,000 (AED 977 per sqft).
  • Rented since April 2013 on 10 Ejari contracts, from AED 80,000 to AED 109,705 a year.
  • At AED 109,705 a year the gross yield on the 2023 price is 7.1%, before a service charge of about AED 28,400 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 20 October 2023.

Questions about 911, U-Bora Tower 1 (Residential)

What did unit 911 last sell for?

AED 1,550,000 on 20 October 2023: AED 977 per sqft for 1,586 sqft. The unit has 2 registered sales; the first was AED 1,982,500 in August 2013.

What is the rent for unit 911?

AED 109,705 a year on the contract signed on 28 July 2023. The previous contract, from July 2022, was AED 88,000; the unit has been rented since April 2013.

How big is unit 911?

1,586 sqft (147.3 sqm): a two-bedroom apartment on the 9th floor of a 16-storey tower completed in 2011.

What is unit 911 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 911, U-Bora Tower 1 (Residential)

Starts from the last sale price (AED 1.55M, 20 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

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