ReadyReady building · Bando Engineering & Construction
Ubora Tower 1, Business Bay
Highlights
Ubora Tower 1 at a glance
About Ubora Tower 1
Ubora Tower 1 is a mixed-use building in Business Bay, Dubai, developed by Bando Engineering & Construction. It holds about 226 units: 1-bedroom apartments, 2-bedroom apartments, 3-bedroom apartments, commercial units. Depending on the unit, windows look out over Burj Khalifa.
The building was completed in 2012 and has been in use for about 14 years. 16 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 1,228 per sq ft.
Ubora Tower 1 is one of 257 buildings in Business Bay: 149 are complete and 61 are still being built.
In a nutshell
- A mixed-use ready building
- Located in Business Bay, Dubai
- Developed by Bando Engineering & Construction
- Completed in Q1 2012
- Unit types: 1 Bed, 2 Beds, 3 Beds, Commercial
- Sizes from 700 to 737,430 sq ft
- Views: Burj Khalifa
- Service charge from AED 2.01 per sq ft
- Business Bay metro station 1.6 km away
- Status
- Ready
- Developer
- Bando Engineering & Construction
- Location
- Business Bay, Dubai
- Completed
- Q1 2012
- Unit types
- 1 Bed, 2 Beds, 3 Beds, Commercial
- Prices from
- AED 626.0K
- Median price per sq ft
- AED 1,228
- Median gross yield
- 7.0%
- Service charge
- AED 2.01 per sq ft (2026)
- Nearest metro
- Burj Khalifa Road, 0.9 km
Building details
Inside Ubora Tower 1
Properties in Ubora Tower 1
1-bedroom apartments in Ubora Tower 1
There are about 131 of these in Ubora Tower 1, from 700 to 2,120 sq ft. They have recently sold for a median of AED 1.2M, or AED 1,210 per sq ft. Owners who resold made a median 16% over what they paid.
2-bedroom apartments in Ubora Tower 1
There are about 88 of these in Ubora Tower 1, from 1,330 to 4,550 sq ft. They have recently sold for a median of AED 2.2M, or AED 1,260 per sq ft.
3-bedroom apartments in Ubora Tower 1
There are about 6 of these in Ubora Tower 1, from 2,270 to 2,560 sq ft. They have recently sold for a median of AED 2.9M, or AED 1,280 per sq ft.
Commercial units in Ubora Tower 1
There are about 1 of these in Ubora Tower 1, from 737,430 sq ft. None has sold recently enough to quote a price.
| Unit type | Units | Size | Median price | Median rent |
|---|---|---|---|---|
| 1 Bed | 131 | 700 sqft65 sqmt – 2,120 sqft197 sqmt | AED 1.2M | AED 76K |
| 2 Beds | 88 | 1,330 sqft123.6 sqmt – 4,550 sqft422.7 sqmt | AED 2.2M | AED 137K |
| 3 Beds | 6 | 2,270 sqft210.9 sqmt – 2,560 sqft237.8 sqmt | AED 2.9M | – |
| Commercial | 1 | 737,430 sqft68,509.5 sqmt | No recent sales | – |
Sale trends in Ubora Tower 1
Median sale price
AED 1.3M
Median per sq ft
AED 1,228
Median gross yield
7.0%
Price ranges from the most recent registered sales, by unit type:
- 1-bedroom apartments: AED 960.0K to AED 1.3M (714 to 1,056 sq ft), across 12 sales
- 2-bedroom apartments: AED 1.9M to AED 2.6M (1,564 to 3,499 sq ft), across 5 sales
- 3-bedroom apartments: one sale at AED 2.9M (2,271 sq ft)
Rental trends in Ubora Tower 1
1-bedroom homes in Ubora Tower 1 were let for AED 73.0K to AED 90.0K a year across 4 recent contracts, with a median of AED 76.0K.
Yearly rents from recent registered contracts, by unit type:
- 1-bedroom apartments: AED 73.0K to AED 90.0K a year (931 to 1,294 sq ft), across 4 contracts
- 2-bedroom apartments: AED 50.0K to AED 150.0K a year (1,551 to 2,083 sq ft), across 3 contracts
Recent transactions in Ubora Tower 1
| LocationStatus and unit | PricePer sqftPer sqmt | SpecsSize and bedrooms | DateSold by |
|---|---|---|---|
| Ubora Tower 1, Business BayReadyApartment | AED 2,065,000AED 1,320 /sqftAED 14,208 /sqmt | 1,564 sqft145.3 sqmt2 Beds | Owner |
| Ubora Tower 1, Business BayReadyApartment | AED 1,100,000AED 1,060 /sqftAED 11,410 /sqmt | 1,038 sqft96.4 sqmt1 Bed | Owner |
| Ubora Tower 1, Business BayReadyApartment | AED 1,150,000AED 1,147 /sqftAED 12,346 /sqmt | 1,003 sqft93.2 sqmt1 Bed | Owner |
| Ubora Tower 1, Business BayReadyApartment | AED 1,250,000AED 1,344 /sqftAED 14,467 /sqmt | 930 sqft86.4 sqmt1 Bed | Owner |
| Ubora Tower 1, Business BayReadyApartment | AED 2,240,000AED 640 /sqftAED 6,889 /sqmt | 3,499 sqft325.1 sqmt2 Beds | Owner |
| Ubora Tower 1, Business BayReadyApartment | AED 1,125,000AED 1,139 /sqftAED 12,260 /sqmt | 988 sqft91.8 sqmt1 Bed | Owner |
| Ubora Tower 1, Business BayReadyApartment | AED 2,300,000AED 1,367 /sqftAED 14,714 /sqmt | 1,683 sqft156.4 sqmt2 Beds | Owner |
| Ubora Tower 1, Business BayReadyApartment | AED 1,250,000AED 1,249 /sqftAED 13,444 /sqmt | 1,001 sqft93 sqmt1 Bed | Owner |
| Ubora Tower 1, Business BayReadyApartment | AED 1,875,000AED 1,199 /sqftAED 12,906 /sqmt | 1,564 sqft145.3 sqmt2 Beds | Owner |
| Ubora Tower 1, Business BayReadyApartment | AED 1,275,000AED 1,228 /sqftAED 13,218 /sqmt | 1,038 sqft96.4 sqmt1 Bed | Owner |
| Ubora Tower 1, Business BayReadyApartment | AED 1,310,000AED 1,241 /sqftAED 13,358 /sqmt | 1,056 sqft98.1 sqmt1 Bed | Owner |
| Ubora Tower 1, Business BayReadyApartment | AED 1,200,000AED 1,213 /sqftAED 13,057 /sqmt | 989 sqft91.9 sqmt1 Bed | Owner |
| Ubora Tower 1, Business BayReadyApartment | AED 1,235,000AED 1,226 /sqftAED 13,197 /sqmt | 1,007 sqft93.6 sqmt1 Bed | Owner |
| Ubora Tower 1, Business BayReadyApartment | AED 2,900,000AED 1,277 /sqftAED 13,746 /sqmt | 2,271 sqft211 sqmt3 Beds | Owner |
| Ubora Tower 1, Business BayReadyApartment | AED 960,000AED 1,345 /sqftAED 14,477 /sqmt | 714 sqft66.3 sqmt1 Bed | Owner |
| Ubora Tower 1, Business BayReadyApartment | AED 2,556,807AED 1,227 /sqftAED 13,207 /sqmt | 2,083 sqft193.5 sqmt2 Beds | Owner |
| Ubora Tower 1, Business BayReadyApartment | AED 1,250,000AED 1,265 /sqftAED 13,616 /sqmt | 988 sqft91.8 sqmt1 Bed | Owner |
| Ubora Tower 1, Business BayReadyApartment | AED 1,100,000AED 1,042 /sqftAED 11,216 /sqmt | 1,056 sqft98.1 sqmt1 Bed | Owner |
Ubora Tower 1
Business Bay
AED 2.1M
AED 1,320 /sqftAED 14,208 /sqmt
ReadyApartment1,564 sqft145.3 sqmt2 BedsOwner15 Oct 2026Ubora Tower 1
Business Bay
AED 1.1M
AED 1,060 /sqftAED 11,410 /sqmt
ReadyApartment1,038 sqft96.4 sqmt1 BedOwner27 Aug 2026Ubora Tower 1
Business Bay
AED 1.2M
AED 1,147 /sqftAED 12,346 /sqmt
ReadyApartment1,003 sqft93.2 sqmt1 BedOwner10 Aug 2026Ubora Tower 1
Business Bay
AED 1.3M
AED 1,344 /sqftAED 14,467 /sqmt
ReadyApartment930 sqft86.4 sqmt1 BedOwner29 Jul 2026Ubora Tower 1
Business Bay
AED 2.2M
AED 640 /sqftAED 6,889 /sqmt
ReadyApartment3,499 sqft325.1 sqmt2 BedsOwner12 May 2026Ubora Tower 1
Business Bay
AED 1.1M
AED 1,139 /sqftAED 12,260 /sqmt
ReadyApartment988 sqft91.8 sqmt1 BedOwner1 May 2026Ubora Tower 1
Business Bay
AED 2.3M
AED 1,367 /sqftAED 14,714 /sqmt
ReadyApartment1,683 sqft156.4 sqmt2 BedsOwner31 Mar 2026Ubora Tower 1
Business Bay
AED 1.3M
AED 1,249 /sqftAED 13,444 /sqmt
ReadyApartment1,001 sqft93 sqmt1 BedOwner18 Mar 2026Ubora Tower 1
Business Bay
AED 1.9M
AED 1,199 /sqftAED 12,906 /sqmt
ReadyApartment1,564 sqft145.3 sqmt2 BedsOwner18 Feb 2026Ubora Tower 1
Business Bay
AED 1.3M
AED 1,228 /sqftAED 13,218 /sqmt
ReadyApartment1,038 sqft96.4 sqmt1 BedOwner4 Feb 2026Ubora Tower 1
Business Bay
AED 1.3M
AED 1,241 /sqftAED 13,358 /sqmt
ReadyApartment1,056 sqft98.1 sqmt1 BedOwner13 Jan 2026Ubora Tower 1
Business Bay
AED 1.2M
AED 1,213 /sqftAED 13,057 /sqmt
ReadyApartment989 sqft91.9 sqmt1 BedOwner24 Dec 2025Ubora Tower 1
Business Bay
AED 1.2M
AED 1,226 /sqftAED 13,197 /sqmt
ReadyApartment1,007 sqft93.6 sqmt1 BedOwner26 Nov 2025Ubora Tower 1
Business Bay
AED 2.9M
AED 1,277 /sqftAED 13,746 /sqmt
ReadyApartment2,271 sqft211 sqmt3 BedsOwner25 Nov 2025Ubora Tower 1
Business Bay
AED 960K
AED 1,345 /sqftAED 14,477 /sqmt
ReadyApartment714 sqft66.3 sqmt1 BedOwner30 Oct 2025Ubora Tower 1
Business Bay
AED 2.6M
AED 1,227 /sqftAED 13,207 /sqmt
ReadyApartment2,083 sqft193.5 sqmt2 BedsOwner13 Oct 2025Ubora Tower 1
Business Bay
AED 1.3M
AED 1,265 /sqftAED 13,616 /sqmt
ReadyApartment988 sqft91.8 sqmt1 BedOwner10 Oct 2025Ubora Tower 1
Business Bay
AED 1.1M
AED 1,042 /sqftAED 11,216 /sqmt
ReadyApartment1,056 sqft98.1 sqmt1 BedOwner6 Oct 2025
| LocationContract and unit | Annual rentAED a year | SpecsSize and bedrooms | Contract dateStart – End |
|---|---|---|---|
| Ubora Tower 1, Business BayApartmentRenewal | AED 74,000 | 931 sqft86.5 sqmt1 Bed | to |
| Ubora Tower 1, Business BayApartmentNew contract | AED 150,000 | 1,551 sqft144.1 sqmt2 Beds | to |
| Ubora Tower 1, Business BayApartmentNew contract | AED 78,000 | 1,294 sqft120.2 sqmt1 Bed | to |
| Ubora Tower 1, Business BayApartmentNew contract | AED 50,000 | 2,083 sqft193.5 sqmt2 Beds | to |
| Ubora Tower 1, Business BayApartmentNew contract | AED 73,000 | 988 sqft91.8 sqmt1 Bed | to |
| Ubora Tower 1, Business BayApartmentNew contract | AED 90,000 | 931 sqft86.5 sqmt1 Bed | to |
| Ubora Tower 1, Business BayApartmentRenewal | AED 137,000 | 2,057 sqft191.1 sqmt2 Beds | to |
Ubora Tower 1
Business Bay
AED 74K/yr
ApartmentRenewal931 sqft86.5 sqmt1 BedtoUbora Tower 1
Business Bay
AED 150K/yr
ApartmentNew contract1,551 sqft144.1 sqmt2 BedstoUbora Tower 1
Business Bay
AED 78K/yr
ApartmentNew contract1,294 sqft120.2 sqmt1 BedtoUbora Tower 1
Business Bay
AED 50K/yr
ApartmentNew contract2,083 sqft193.5 sqmt2 BedstoUbora Tower 1
Business Bay
AED 73K/yr
ApartmentNew contract988 sqft91.8 sqmt1 BedtoUbora Tower 1
Business Bay
AED 90K/yr
ApartmentNew contract931 sqft86.5 sqmt1 BedtoUbora Tower 1
Business Bay
AED 137K/yr
ApartmentRenewal2,057 sqft191.1 sqmt2 Bedsto
Every sale in Ubora Tower 1Every rent contract in Ubora Tower 1
Service charges in Ubora Tower 1
The 2026 service charge in Ubora Tower 1 is AED 2.01 per sq ft for commercial units, AED 2.01 per sq ft for offices, AED 2.05 per sq ft for service apartment. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department. Each parking space adds about AED 488 a year.
| Unit type | Rate per sq ft | Size | Yearly charge |
|---|---|---|---|
| Commercial (2026) | AED 2.01 | 737,430 sqft68,509.5 sqmt | AED 1,482,234 – AED 1,482,234 |
| Offices (2026) | AED 2.01 | 737,430 sqft68,509.5 sqmt | AED 1,482,234 – AED 1,482,234 |
Source: Dubai Land Department service charge index. Rates are reviewed each year.
Nearby amenities
Around Ubora Tower 1
Transportation near Ubora Tower 1
The nearest Dubai Metro station from Ubora Tower 1 is Business Bay (red line, 1.6 km, about 5 min drive), then Burj Khalifa/Dubai Mall (red line, 2.3 km, about 7 min drive). Stations planned on new lines nearby include Burj Khalifa Road (golden line, 0.9 km, about 11 min walk) and District 1 near High Speed Rail line (golden line, 1.2 km, about 14 min walk). Most residents will drive or take a taxi to the metro.
- Burj Khalifa RoadGolden line · 0.9 km · about 11 min walk
- District 1 near High Speed Rail lineGolden line · 1.2 km · about 14 min walk
- Business Bay InterchangeGolden line · 1.6 km · about 5 min drive
- Business BayRed line · 1.6 km · about 5 min drive
- Burj Khalifa/Dubai MallRed line · 2.3 km · about 7 min drive
- District 1Golden line · 3 km · about 8 min drive
Shopping and groceries near Ubora Tower 1
The closest is Spinneys / south bridge downtowne Dubai, 0.9 km from Ubora Tower 1 (about 11 min walk).
- Spinneys / south bridge downtowne DubaiSupermarket · 0.9 km · about 11 min walk
- Spinneys/ Ontario TowerSupermarket · 1 km · about 12 min walk
- Spinneys / The Executive TowersSupermarket · 1.1 km · about 13 min walk
- Al Maya / 8 Boulevard Walk, Downtown DubaiSupermarket · 1.2 km · about 14 min walk
- Bay AvenueShopping Mall · 1.3 km · about 5 min drive
Restaurants and hotels near Ubora Tower 1
The closest is Maward Restaurant, 0 km from Ubora Tower 1 (about 2 min walk).
- Maward RestaurantRestaurant · 0 km · about 2 min walk
- Oberoi HotelHotel · 0.9 km · about 11 min walk
- Vida Hotels and ResortsHotel · 1.1 km · about 13 min walk
- Al Manzil HotelHotel · 1.3 km · about 5 min drive
- JW Marriott Marquis Business BayHotel · 1.5 km · about 5 min drive
Hospitals and clinics near Ubora Tower 1
The closest is Al Amal Hospital, 2.8 km from Ubora Tower 1 (about 8 min drive).
- Al Amal HospitalHospital · 2.8 km · about 8 min drive
- Medcare HospitalHospital · 2.9 km · about 8 min drive
- Emirates HospitalHospital · 3.8 km · about 10 min drive
- Internationl Medical CenterHospital · 4.1 km · about 10 min drive
- Neuro Spinal hospitalHospital · 4.4 km · about 11 min drive
Parks and leisure near Ubora Tower 1
The closest is Dubai Bowling Centre, 1.7 km from Ubora Tower 1 (about 5 min drive).
- Dubai Bowling CentreSports Academy · 1.7 km · about 5 min drive
- Al Quoz Pond ParkPark · 1.9 km · about 6 min drive
- Safa ParkPark · 2.6 km · about 7 min drive
- Falcon Heritage and Sports CentreSports Academy · 3.7 km · about 9 min drive
- Falcon Centre and Cultural SportsSports Academy · 3.7 km · about 9 min drive
Schools near Ubora Tower 1
The nearest is GEMS Our Own Indian School, 1.4 km away. Ratings are the KHDA's latest inspection grades.
- GEMS Our Own Indian SchoolIndian · KHDA: Very good · 1.4 km
- Dubai International Private School - BrAmerican · KHDA: Good · 1.5 km
- Global Indian International School L.L.CIndian · KHDA: Good · 1.5 km
- Iranian Towheed Boys SchoolIranian - International Baccalaureate · KHDA: Good · 1.6 km
- Lycee Francais Jean Mermoz L.L.CFrench · KHDA: Not inspected due to COVID 19 · 2.1 km
- Japanese SchoolJapanese · KHDA: Good · 2.2 km
Other buildings in Business Bay
Business Bay has 257 buildings. A few others to compare Ubora Tower 1 with:
- Ready
Ready- Ready
ReadyOff-plan
Ready
Things to consider about Ubora Tower 1
In its favour
- Owners who resold have made money: a median gain of up to 16%.
- A median gross yield of 7.0% on recent sales.
- Ready to move into or let, with no construction risk.
- Several schools within 3 km.
Worth checking
- Completed 14 years ago: ask about maintenance and any planned refurbishment.
- The nearest running metro station is 1.6 km away, so a car helps.
Specialists
Brokers who know Ubora Tower 1
These brokers handle sales and lettings in Ubora Tower 1 and can tell you what is available now.
Aymon Ansari
Senior Property Advisor
Insha Ulla Khan
Property Advisor
FAQs
Ubora Tower 1: questions answered
Buying, selling or renting in Ubora Tower 1?
A broker who works Business Bay will tell you what is available and what comparable homes went for.