1-bed · 714 sqftU-Bora Tower 1 (Residential), Business Bay · 8th floor · completed 2011

802, U-Bora Tower 1 (Residential)

Sold prices and rental history: sold 3 times, last in August 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 802 · DLD and Ejari recordsUpdated 15 August 2024
Last soldAED 750K15 August 2024
Current rentAED 75K /yr5 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 802, U-Bora Tower 1 (Residential)

What is 802 worth today?

Last sold for AED 750,000 in 2024

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15 Aug 2024SoldReady
AED 750,000AED 1,050 per sqft
5 Aug 2024RentedNew contract
AED 75,000/yr12 months · AED 106 per sqft
4 Aug 2023RentedNew contract
AED 70,000/yr12 months · AED 99 per sqft
1 Oct 2022RentedNew contract
AED 75,000/yr12 months · AED 106 per sqft
22 Jul 2022SoldReady
AED 750,000AED 1,050 per sqft
10 Nov 2020RentedNew contract
AED 50,000/yr12 months · AED 70 per sqft
24 Dec 2013Sold by developerReady
AED 913,920AED 1,280 per sqft
1 Apr 2013RentedRenewal
AED 51,500/yr12 months · AED 72 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 August 2024.

Key facts

Type
1-bed apartment
Size
714 sqft
Floor
8th of 16
Parking
P4-063
Developer
Bando Engineering & Construction Co
Completed
2011
Service charge
AED 12,800 /yr
Last sold
AED 750K · August 2024

About 802, U-Bora Tower 1 (Residential)

802 is a one-bedroom apartment of 714 sqft on the 8th 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 15 August 2024 for AED 750,000, or AED 1,050 per sqft, in line with the AED 1,075 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, signed on 5 August 2024, is AED 75,000 a year: a gross yield of 10.0% on the 2024 price, before the service charge of about AED 12,800 a year.

Sales and rents for 802 over time

Sales
Unit 802, 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 1,183,350; 2014 AED 1,361,782; 2015 AED 1,265,920; 2016 AED 1,200,000; 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 1,196,919Sold by developer, December 2013: AED 913,920 (AED 1,280 per sqft)Sold, July 2022: AED 750,000 (AED 1,050 per sqft)Sold, August 2024: AED 750,000 (AED 1,050 per sqft)

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

Rents
Unit 802, each contractTypical one-bed in U-Bora Tower 1 (Residential)
50K75K100K2012201620202024Typical rent by year: 2012 AED 58,000; 2013 AED 60,000; 2014 AED 84,500; 2015 AED 95,000; 2016 AED 90,000; 2017 AED 90,000; 2018 AED 78,882; 2019 AED 67,500; 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 92,500New contract, April 2012: AED 47,000 a yearRenewal, April 2013: AED 51,500 a yearNew contract, November 2020: AED 50,000 a yearNew contract, October 2022: AED 75,000 a yearNew contract, August 2023: AED 70,000 a yearNew contract, August 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 802 sits

All 122 1-beds →

802 last sold in August 2024 at AED 1,050 per sqft, in line with what one-beds in U-Bora Tower 1 (Residential) were fetching at the time (AED 1,075). Over the last 12 months one-beds sold for AED 1,200,000 to 1,310,000, around AED 1,227 per sqft, and rent for AED 65,000 to 130,000 a year. 802's AED 75,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Feb 20261,275,000
13 Jan 20261,310,000
8 Jan 202612,520
24 Dec 20251,200,000
5 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. 7 sold in the last 12 months.

Typical price per sqft
AED 1,227
Typical sale
AED 1.29M
Typical rent
AED 95K /yr
Typical yield
7.9%
U-Bora Tower 1 (Residential), Business Bay: prices, sales and rents →
Value
8011-bedAED 810K · Oct 2023
8031-bedAED 457K · Mar 2021
8041-bedAED 1.31M · Jan 2014
8051-bedAED 725K · Oct 2020
8072-bedAED 1.1M · Jul 2020
8082-bedAED 1.9M · Sep 2024
8092-bedAED 1.7M · Mar 2024
1–7 of 21

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

  • Sold 3 times: first on 24 December 2013 for AED 913,920, last on 15 August 2024 for AED 750,000 (AED 1,050 per sqft).
  • Rented since April 2012 on 6 Ejari contracts, from AED 47,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2024 price is 10.0%, before a service charge of about AED 12,800 a year (AED 17.90 per sqft).
  • One-beds in U-Bora Tower 1 (Residential) sold for AED 1,200,000–1,310,000 in the 12 months to November 2026; the building's median across all types is AED 1,227 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 15 August 2024.

Questions about 802, U-Bora Tower 1 (Residential)

What did unit 802 last sell for?

AED 750,000 on 15 August 2024: AED 1,050 per sqft for 714 sqft. The unit has 3 registered sales; the first was AED 913,920 in December 2013.

What is the rent for unit 802?

AED 75,000 a year on the contract signed on 5 August 2024. The previous contract, from August 2023, was AED 70,000; the unit has been rented since April 2012.

How big is unit 802?

714 sqft (66.3 sqm): a one-bedroom apartment on the 8th floor of a 16-storey tower completed in 2011.

What is unit 802 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 1,200,000 to 1,310,000 in the last 12 months, around AED 1,227 per sqft.

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Mortgage on 802, U-Bora Tower 1 (Residential)

Starts from the last sale price (AED 750K, 15 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

Plus AED 36,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →