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1-bed · 931 sqftU-Bora Tower 1 (Residential), Business Bay · 9th floor · completed 2011

918, U-Bora Tower 1 (Residential)

Sold prices and rental history: sold twice, last in February 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 918 · DLD and Ejari recordsUpdated 16 February 2024
Last soldAED 1.06M16 February 2024
Current rentAED 69K /yr28 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 918, U-Bora Tower 1 (Residential)

What is 918 worth today?

Last sold for AED 1,060,000 in 2024

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16 Feb 2024SoldReady
AED 1,060,000AED 1,138 per sqft
28 Nov 2022RentedNew contract
AED 69,231/yr13 months · AED 75 per sqft
1 Dec 2021RentedRenewal
AED 55,000/yr12 months · AED 59 per sqft
1 Dec 2020RentedRenewal
AED 55,000/yr12 months · AED 59 per sqft
1 Dec 2019RentedNew contract
AED 65,000/yr12 months · AED 70 per sqft
1 Sep 2018RentedRenewal
AED 80,000/yr12 months · AED 86 per sqft
1 Sep 2017RentedNew contract
AED 90,000/yr12 months · AED 97 per sqft
2 Oct 2013Sold by developerReady
AED 1,163,750AED 1,250 per sqft

Source: Dubai Land Department. Updated 16 February 2024.

Key facts

Type
1-bed apartment
Size
931 sqft
Floor
9th of 16
Parking
P4-188
Developer
Bando Engineering & Construction Co
Completed
2011
Service charge
AED 16,700 /yr
Last sold
AED 1.06M · February 2024
Building
U-Bora Tower 1 (Residential)

About 918, U-Bora Tower 1 (Residential)

918 is a one-bedroom apartment of 931 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 16 February 2024 for AED 1,060,000, or AED 1,138 per sqft, 8% above the AED 1,050 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, signed on 28 November 2022, is AED 69,231 a year: a gross yield of 6.5% on the 2024 price, before the service charge of about AED 16,700 a year.

Sales and rents for 918 over time

Sales
Unit 918, 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, October 2013: AED 1,163,750 (AED 1,250 per sqft)Sold, February 2024: AED 1,060,000 (AED 1,138 per sqft)

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

Rents
Unit 918, 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, May 2012: AED 62,000 a yearNew contract, March 2013: AED 73,000 a yearNew contract, September 2017: AED 90,000 a yearRenewal, September 2018: AED 80,000 a yearNew contract, December 2019: AED 65,000 a yearRenewal, December 2020: AED 55,000 a yearRenewal, December 2021: AED 55,000 a yearNew contract, November 2022: AED 69,231 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 918 sits

All 131 1-beds →

918 last sold in February 2024 at AED 1,138 per sqft, 8% above what one-beds in U-Bora Tower 1 (Residential) were fetching at the time (AED 1,050). 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. 918's AED 69,231 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 →

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

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

  • Sold twice: first on 2 October 2013 for AED 1,163,750, last on 16 February 2024 for AED 1,060,000 (AED 1,138 per sqft).
  • Rented since May 2012 on 8 Ejari contracts. The rent fell from AED 62,000 to AED 55,000 in 2021 and recovered to AED 69,231 by November 2022.
  • At AED 69,231 a year the gross yield on the 2024 price is 6.5%, before a service charge of about AED 16,700 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 16 February 2024.

Questions about 918, U-Bora Tower 1 (Residential)

What did unit 918 last sell for?

AED 1,060,000 on 16 February 2024: AED 1,138 per sqft for 931 sqft. The unit has 2 registered sales; the first was AED 1,163,750 in October 2013.

What is the rent for unit 918?

AED 69,231 a year on the contract signed on 28 November 2022. The previous contract, from December 2021, was AED 55,000; the unit has been rented since May 2012.

How big is unit 918?

931 sqft (86.5 sqm): a one-bedroom apartment on the 9th floor of a 16-storey tower completed in 2011.

What is unit 918 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 918, U-Bora Tower 1 (Residential)

Starts from the last sale price (AED 1.06M, 16 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,060,000
Deposit, UAE resident (20%)
AED 212,000
Deposit, non-resident (40%)
AED 424,000
Monthly over 25 years at 3.7%
AED 4,337

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