Ubora Residence Tower

About Ubora Residence Tower

The Ubora Towers is a complex of two towers in the Business Bay district of Dubai, United Arab Emirates. The development consists of the Ubora Commercial Tower and the Ubora Residential Tower. Construction of the Ubora Towers was completed in 2011. It was sold by to Senyar Real Estate in Mid 2018 The Ubora Commercial Tower, also known as the Ubora Tower 1, is a 58-story building. It has a total architectural height of 263 meters. Condominium complexes, also known as condo complexes, are residential developments consisting of multiple housing units that are individually owned by residents. In a condominium complex, each unit is privately owned, while the common areas and amenities are shared by all residents and managed by a homeowners' association. Here are some key features and aspects commonly found in condominium complexes Ownership: Each unit in a condominium complex is owned by an individual homeowner. Owners have title to their units and have the freedom to sell, rent, or modify their property within the guidelines set by the HOA. Homeowners' Association. The HOA is responsible for managing the common areas, amenities, and overall upkeep of the condominium complex. It establishes rules, collects fees, and enforces regulations to maintain the community's standards and protect property values. Common Areas and Amenities: Condominium complexes often offer shared facilities and amenities for residents. These may include swimming pools, fitness centers, clubhouses, tennis courts, parks, and playgrounds.