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Chase UR can be redeemed for a penny, transferred to partners, or redeemed on their travel portal for a bonus 25%. I think best value is transfer or at least has been historically but you can also just get a $600 statement credit if you prefer simplicity over optimizing value.
As for if/when that particular bonus will come back who knows. They seem to start sapphire promotions in March so maybe you'll get a better offer then buy doubt they will regularly offer >$1k SUB on a $95AF card.
The best value for UR to me has been in redeeming for United miles to buy international flights at short notice. Cash prices, even with the 25% bonus, dont come close to the price with miles. I suspect that if I buy tickets far out in the future then the 25% bonus would end up being a better bet but my plans are rarely that definite so much in advance.