Unit 508, Ubora Tower 1: what it sold for and what it is worth now

Unit 508 at Ubora Tower 1 is a 2 bed of 1,551 sq ft. It last sold for AED 1,900,000 on 24 Oct 2024. At AED 1,260 per sq ft, from 4 sales in the building in the last 12 months (2 bed), it is worth about AED 1,954,000 today.

Value todayAED 1,954,000AED 1,643,000 to AED 2,066,000
Last saleAED 1,900,00024 Oct 2024 · Resale
Change since last sale+2.8%Building trend alone: AED 2,074,691
Rent (median asking, 2 bed)AED 164,999Gross yield 8.4%
Bedrooms2 bed
Size1,551 sq ft
Floor5 (from the unit number)
Position in the towerStack 08: units ending 08 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 508

DatePriceSizeAED/sq ftType
24 Oct 2024AED 1,900,0001,551 sq ft1,225Resale

Units ending 08 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
80819 Sep 2024AED 1,900,0001,551 sq ft1,225Resale
80815 Apr 2024AED 2,000,0001,551 sq ft1,289Resale
20822 Sep 2022AED 1,225,0001,551 sq ft790Resale
90821 Jun 2022AED 1,220,0001,333 sq ft915Resale
110816 Jun 2022AED 1,250,0001,551 sq ft806Resale
140830 Jun 2021AED 1,894,6952,278 sq ft832Resale
80810 Mar 2021AED 1,200,0001,551 sq ft774Resale
140811 Feb 2020AED 1,200,0002,278 sq ft527Resale

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 4 sales in Ubora Tower 1 in the last 12 months (2 bed), worked out the price per sq ft of each, and used the middle value (AED 1,260). We multiplied it by the size of this unit (1,551 sq ft). The range uses the middle half of those sales (AED 1,059 to AED 1,332 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 2,074,691. 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 508 at Ubora Tower 1 worth?

About AED 1,954,000 (range AED 1,643,000 to AED 2,066,000), based on AED 1,260 per sq ft from registered sales up to 15 Oct 2026.

When did unit 508 last sell?

24 Oct 2024, for AED 1,900,000 (resale). It has 1 registered sale.

What rent can unit 508 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 8.4% on the estimate.

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

Unit 506 · Unit 509