Unit 1603, Ubora Tower 1: what it sold for and what it is worth now

Unit 1603 at Ubora Tower 1 is a 2 bed of 2,436 sq ft. It last sold for AED 1,700,000 on 24 Jan 2021. At AED 1,005 per sq ft, from 3 sales of units ending 03 (same position in the tower), it is worth about AED 2,447,000 today.

Value todayAED 2,447,000AED 2,367,000 to AED 2,588,000
Last saleAED 1,700,00024 Jan 2021 · Resale
Change since last sale+43.9%Building trend alone: AED 2,698,934
Rent (median asking, 2 bed)AED 164,999Gross yield 6.7%
Bedrooms2 bed
Size2,436 sq ft
Floor16 (from the unit number)
Position in the towerStack 03: units ending 03 share the same layout and view
BuildingUbora Tower 1 by Bando Engineering, handed over 2011
Registered sales of this unit1

Every registered sale of unit 1603

DatePriceSizeAED/sq ftType
24 Jan 2021AED 1,700,0002,436 sq ft698Resale

Units ending 03 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
12038 May 2025AED 2,850,0003,037 sq ft938Resale
70318 Feb 2025AED 1,450,0001,294 sq ft1,121Resale
4037 Nov 2024AED 1,300,0001,294 sq ft1,005Resale
120331 Oct 2022AED 1,930,0003,037 sq ft635Resale
60312 Jan 2022AED 800,0001,294 sq ft618Resale

Latest 2 bed sales in Ubora Tower 1

UnitDatePriceSizeAED/sq ftType
41015 Oct 2026AED 2,065,0001,564 sq ft1,320Resale
120412 May 2026AED 2,240,0003,499 sq ft640Resale
60731 Mar 2026AED 2,300,0001,683 sq ft1,367Resale
110718 Feb 2026AED 1,875,0001,564 sq ft1,199Resale
140513 Oct 2025AED 2,556,8072,083 sq ft1,227Resale
7103 Oct 2025AED 1,800,0001,564 sq ft1,151Resale
21025 Jun 2025AED 2,050,0001,564 sq ft1,311Resale
11093 Jun 2025AED 1,950,0001,563 sq ft1,248Resale

How we worked out the value

We took the 3 resale sales of units ending 03 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,005). We multiplied it by the size of this unit (2,436 sq ft). The range uses the middle half of those sales (AED 972 to AED 1,063 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 2,698,934. Floor, view, condition and upgrades can move the price either way. Sales data to 15 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 1603 at Ubora Tower 1 worth?

About AED 2,447,000 (range AED 2,367,000 to AED 2,588,000), based on AED 1,005 per sq ft from registered sales up to 15 Oct 2026.

When did unit 1603 last sell?

24 Jan 2021, for AED 1,700,000 (resale). It has 1 registered sale.

What rent can unit 1603 make?

A 2 bed in Ubora Tower 1 rents for about AED 164,999 a year (median asking rent). That is a gross yield of 6.7% on the estimate.

Sales alert for Ubora Tower 1All sales in Ubora Tower 1

Unit 1602