AED 1,150,000
Own this from just
4,730 AED/month35% discount | Furnished | Canal View
Investment metrics:
7.21% Gross ROI (vs. 6.52% benchmark for Business Bay)
6.14% Net ROI
2.05% YoY Capital Appreciation
88400 AED/year = expected rental yield
Upkeep:
17.9 AED/sq.ft service charges
428.55 AED/spot parking fees
12781 AED/year in total costs
Size:
714 sq.ft.
66 sq.m.
1 restrooms
Listing Price:
-35% under the average 1 bedroom in Business Bay.
-9% under the avg. price/unit of recently available units.
Liquidity:
9 recently sold units
12 recent listings
Ubora Tower has been built by Bando Engineering & Construction Co. Ltd. and handed over in 2011. There were no fires or floods in the building.
The are no active constructions in the vicinity and no possible view obstructions in the future.
Exclusive Amenities:
- Fully equipped gym
- Swimming pool
- Outdoor basketball court
- Children's play area
- Covered parking
- High-Speed Elevators
- Nearby supermarkets
- 24/7 CCTV and security
Top Location:
Burj Khalifa/Dubai Mall: 8 min
Business Bay Metro Station: 5 min
Dubai International Airport: 20 min
Jumeirah Beach: 20 min
Dubai Marina: 25 min
Property details
Property Type
Apartment
Property Size
713 sqft / 66 sqm
Bedrooms
1
Bathrooms
1
Service Charges
17.9 AED per sqft
Amenities
Study
Balcony
Security
Covered Parking
Pets Allowed
Location
Price Insights
Transactions for Similar Properties
1 Bed Apartment in Ubora Tower 1
Sold for
Date | AED | Area (sqft) |
---|---|---|
28 Jan 2025 | 1,225,000 | 1,288 |
17 Jan 2025 | 1,100,000 | 931 |
2 Jan 2025 | 1,000,000 | 931 |
17 Dec 2024 | 1,120,000 | 1,059 |
15 Dec 2024 | 1,100,000 | 1,059 |
Rented for
Date | AED/year | Area (sqft) |
---|---|---|
1 Jan 2025 | 80,000 | 988 |
20 Dec 2024 | 90,000 | 989 |
20 Oct 2024 | 72,000 | 1,059 |
17 Oct 2024 | 75,000 | 988 |
21 Sep 2024 | 85,000 | 1,007 |
Powered byDataGuru
This property costs 35% less than the average price of 1 bedroom in Business Bay
Average Sale Price is 1,774,439 AED
This property is 18% smaller than the average size of 1 bedroom in Business Bay
Average size is 874 sqft
The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Business Bay
Provided by
Alexandru Tanase
No ratings
Betterhomes - Business Bay
See all properties (785)Response time
within 5 minutes
Experience
25 years
Languages
English, Romanian
Get the right mortgage for you
Estimate your monthly mortgage payment
Monthly payment
4,730 AED
with interest rate of
3.75%
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Regulatory information
Regulatory information
Reference
AP734867
Listed
2 months ago
Broker License
97
Zone name
Business Bay
DLD Permit Number:
7129630900
Agent License
77473
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