1-bed · 988 sqftU-Bora Tower 1 (Residential), Business Bay · 9th floor · completed 2011

914, U-Bora Tower 1 (Residential)

Sold prices and rental history: sold 3 times, last in February 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 914 · DLD and Ejari recordsUpdated 17 October 2024
Last soldAED 975K28 February 2024
Current rentAED 75K /yr17 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 914, U-Bora Tower 1 (Residential)

What is 914 worth today?

Last sold for AED 975,000 in 2024

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17 Oct 2024RentedNew contract
AED 75,000/yr12 months · AED 76 per sqft
28 Feb 2024SoldReady
AED 975,000AED 986 per sqft
18 Oct 2022RentedNew contract
AED 72,000/yr12 months · AED 73 per sqft
26 Dec 2012SoldReady
AED 450,000AED 455 per sqft
5 Jun 2011Sold by developerReady
AED 1,362,645AED 1,379 per sqft

Source: Dubai Land Department. Updated 17 October 2024.

Key facts

Type
1-bed apartment
Size
988 sqft
Floor
9th of 16
Parking
P4-270
Developer
Bando Engineering & Construction Co
Completed
2011
Service charge
AED 17,700 /yr
Last sold
AED 975K · February 2024

About 914, U-Bora Tower 1 (Residential)

914 is a one-bedroom apartment of 988 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 28 February 2024 for AED 975,000, or AED 986 per sqft, 3% below the AED 1,018 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 17 October 2024, is AED 75,000 a year: a gross yield of 7.7% on the 2024 price, before the service charge of about AED 17,700 a year.

Sales and rents for 914 over time

Sales
Unit 914, each saleTypical one-bed in U-Bora Tower 1 (Residential)
500K1M1.5M2009201420192024Typical 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, June 2011: AED 1,362,645 (AED 1,379 per sqft)Sold, December 2012: AED 450,000 (AED 455 per sqft)Sold, February 2024: AED 975,000 (AED 986 per sqft)

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

Rents
Unit 914, 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, October 2022: AED 72,000 a yearNew contract, October 2024: AED 75,000 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 914 sits

All 131 1-beds →

914 last sold in February 2024 at AED 986 per sqft, 3% below what one-beds in U-Bora Tower 1 (Residential) were fetching at the time (AED 1,018). 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. 914's AED 75,000 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

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

  • Sold 3 times: first on 5 June 2011 for AED 1,362,645, last on 28 February 2024 for AED 975,000 (AED 986 per sqft).
  • Rented since October 2022 on 2 Ejari contracts, from AED 72,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2024 price is 7.7%, before a service charge of about AED 17,700 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 17 October 2024.

Questions about 914, U-Bora Tower 1 (Residential)

What did unit 914 last sell for?

AED 975,000 on 28 February 2024: AED 986 per sqft for 988 sqft. The unit has 3 registered sales; the first was AED 1,362,645 in June 2011.

What is the rent for unit 914?

AED 75,000 a year on the contract signed on 17 October 2024. The previous contract, from October 2022, was AED 72,000.

How big is unit 914?

988 sqft (91.8 sqm): a one-bedroom apartment on the 9th floor of a 16-storey tower completed in 2011.

What is unit 914 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 914, U-Bora Tower 1 (Residential)

Starts from the last sale price (AED 975K, 28 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 975,000
Deposit, UAE resident (20%)
AED 195,000
Deposit, non-resident (40%)
AED 390,000
Monthly over 25 years at 3.7%
AED 3,989

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