BANDO ENGINEERING & CONSTRUCTION CO LTD - DUBAI BRANCH

Ubora Tower 1

Completed|225 units · 1 tower

Ubora Tower 1 is a completed development by BANDO ENGINEERING & CONSTRUCTION CO LTD - DUBAI BRANCH in Business Bay, comprising 225 registered units. 400 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,134 per sqft. At AED 1,134 per sqft, Ubora Tower 1 prices 24% below the Business Bay median of AED 1,489 per sqft on registered sales.

PIX© price · ↓7.2% YoY

1.56MAED

Typical

1,134AED

PSF

Gross yield

5.4%

PIX© rent ÷ PIX© price

Sale records

400

DLD · all time

Rent contracts

1,674

Ejari · all time

Location data © OpenStreetMap contributors

SATELLITE

LocationBusiness Bay

Drive times · typical

Downtown Dubai9 min · 3.8 km

DXB Airport15 min · 18.4 km

DIFC13 min · 8.8 km

Dubai Marina20 min · 20.4 km

Palm Jumeirah21 min · 22.7 km

Nearby · straight-line

Metro stationBusiness Bay1.6 km

MallBay Avenue Mall1.3 km

SchoolDubai International School1.4 km

HospitalMedcare Orthopaedics & Spine Hospital2.3 km

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PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor

Units on floor 9

…

1 Bed on Floor 9, Ubora Tower 1

Size
Record: Apr 2013 to Feb 2026
Owners: 7
Tenants: 3
Price change
Yield on cost

Sale price by owner

Party	Date	Price / RentAED	Held	Note
3Tenant 3	6 Feb 2026			Owner 7
7Owner 7	24 Dec 2025		10 mo	Current owner Mortgage
6Owner 6	16 Jul 2025		5 mo
5Owner 5	24 Aug 2020		4.9 yrs
2Tenant 2	15 Feb 2018		2.0 yrs	Owner 4
4Owner 4	18 Oct 2017		2.9 yrs
3Owner 3	23 Jul 2014		3.2 yrs
2Owner 2	1 Sep 2013		11 mo	Sold with tenant in place
Owner 1 · Undisclosed		—		Acquisition date and price not on record
1Tenant 1	3 Apr 2013		12 mo	Owner not on record

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1 Bed · Floor 9 · Ubora Tower 1

Nightly rateAED

Occupancy (237 nights)

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Ubora Tower 11,134AED/sqft · project-wide

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

Type	Units	PIX© Price	PIX© PSF	PSF YoY	PIX© Rent /yr	Yield
PIX© Core Project-Wide 695 - 3,499 sqft	225	1.56M	1,134	↓7.2%	84K	5.4%
1 Bed · Apartment 695 - 2,118 sqft	131
2 Bed · Apartment 1,333 - 3,499 sqft	88
3 Bed · Apartment 2,271 - 2,559 sqft	6			-

Sales - Project-Wide400 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
15 Oct 2026	2 Bed	Ubora Tower 1 · Floor 4	1,564	2,065,000	1,320	+6.5%	Standard	Standard Sale
27 Aug 2026	1 Bed	Ubora Tower 1 · Floor 1	1,038	1,100,000	1,060	0.0%	Entry Level	Standard Sale
10 Aug 2026	1 Bed	Ubora Tower 1 · Floor 10	1,003	1,150,000	1,147	+45.6%	Standard	Standard Sale

Rentals - Project-Wide1,674 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Latest contracts

Start Date	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
1 Dec 2026	1 Bed	Ubora Tower 1 · Floor 7	931	76,403	82	-	Standard	CONTRACT
15 Nov 2026	1 Bed	Ubora Tower 1 · Floor 10	931	95,787	103	-	Premium	CONTRACT
2 Nov 2026	1 Bed	Ubora Tower 1 · Floor 5	1,294	78,000	60	-	Standard	CERTIFICATE

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Map of comparable projects in this community

Location data © OpenStreetMap contributors

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare2 peers could not be placed

This project

Ubora Tower 1

Compared with

Damac Maison The Vogue

PIX© PSF

1,211

Rank

#32 of 35

#31 of 35

Typical price

1.56M

Yield

6.9%

Units

225

199

Sales

Rents

412

462

Developer

BANDO ENGINEERING & CONSTRUCTION CO LTD - DUBAI BRANCH

DAMAC

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Millennium Binghatti Residences BINGHATTI DEVELOPERS FZE · Completed	246					91	439
	Waters Edge DAMAC · Completed	222					88	406
	Scala Tower AL MADAR INVESTMENT (L.L.C) · Completed	213					146	393
	Clayton Residency DEYAAR DEVELOPMENT (P.J.S.C) · Completed	173					54	374
	Tower D DAMAC · Completed	399					163	880
	Ontario Tower ROSE HOMES INVESTMENT (L.L.C) · Completed	300					192	9,922
	Damac Maison The Vogue DAMAC · Completed	199					89	462
32	Ubora Tower 1 BANDO ENGINEERING & CONSTRUCTION CO LTD - DUBAI BRANCH · Completed	225	1,211	Subject	1.56M	6.9%	95	412
	Ubora Towers BANDO ENGINEERING & CONSTRUCTION CO LTD - DUBAI BRANCH · Completed	429					100	680
	Safeer Tower 1 ALSEEB REAL ESTATE DEVELOPMENT L.L.C · Completed	176					73	413
	Capital Bay Tower B DAMAC · Completed	163					92	471

Community median 1,489 AED/sqft. Showing the closest-ranked peers of 35 ranked projects in the community. 13 community projects excluded for insufficient recorded sales. 56 excluded for trading only in the off-plan market. 25 excluded for insufficient unit-mix overlap. Peer set trimmed to the most similar projects by unit size, vintage and status. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Business Bay

The closest-priced registered projects in Business Bay.

Safeer Tower 1AED 1,130/sqft
Ubora TowersAED 1,211/sqft
Damac Maison The VogueAED 1,249/sqft
Ontario TowerAED 1,275/sqft
Capital Bay Tower BAED 989/sqft
Tower DAED 1,300/sqft

Common questions about Ubora Tower 1

Answered from Dubai Land Department registered transactions.

How much does a property in Ubora Tower 1 cost?

Property in Ubora Tower 1 sells at a current PIX© price of AED 1,134 per sqft, or about AED 1,559,919 for a typical unit, based on 400 sales registered with the Dubai Land Department.

Is Ubora Tower 1 completed?

Yes. Ubora Tower 1 is recorded as completed in the Dubai Land Department project register.

Who is the developer of Ubora Tower 1?

Ubora Tower 1 is developed by BANDO ENGINEERING & CONSTRUCTION CO LTD - DUBAI BRANCH, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Ubora Tower 1?

Ubora Tower 1 yields 5.4% gross, calculated from current PIX© rent against current PIX© sale price, across 1,674 registered Ejari contracts.

How many units are in Ubora Tower 1?

Ubora Tower 1 holds 225 registered units, per the Dubai Land Department unit register.

Have prices in Ubora Tower 1 gone up or down?

Price per sqft has fallen -7.2% over the last 12 months, to AED 1,134, across 400 registered sales.