R1003, Ontario Tower
Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for R1003, Ontario Tower
What is R1003 worth today?
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Source: Dubai Land Department. Updated 16 November 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 803 sqft
- Floor
- 10th of 25
- Parking
- B1-65
- Developer
- Rose Homes Investment
- Completed
- 2010
- Service charge
- AED 14,300 /yr
- Last sold
- AED 828K · December 2012
- Building
- Ontario Tower
About R1003, Ontario Tower
R1003 is a one-bedroom apartment of 803 sqft on the 10th floor of Ontario Tower, a 25-storey tower in Business Bay completed in 2010 by Rose Homes Investment. It last sold on 9 December 2012 for AED 828,418, or AED 1,031 per sqft, 11% below the AED 1,164 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 16 November 2025, is AED 75,000 a year: a gross yield of 9.0% on the 2012 price, before the service charge of about AED 14,300 a year.
Sales and rents for R1003 over time
R1003 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Ontario Tower, and where R1003 sits
All 100 1-beds →R1003 last sold in December 2012 at AED 1,031 per sqft, 11% below what one-beds in Ontario Tower were fetching at the time (AED 1,164). Over the last 12 months one-beds sold for AED 800,000 to 1,200,000, around AED 1,286 per sqft, and rent for AED 35,000 to 200,000 a year. R1003's AED 75,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Oct 20267 October 2026 | 803 sqft | 895,370 | 1,115 | ||
| 8 Sep 20268 September 2026 | 802 sqft | 800,000 | 997 | ||
| 18 Jul 202618 July 2026 | 802 sqft | 1,050,000 | 1,309 | ||
| 16 Jun 202616 June 2026 | 802 sqft | 1,012,692 | 1,262 |
Ontario Tower
Building175 apartments, studios to 2-bed over 25 floors in Business Bay, completed in 2010 by Rose Homes Investment. 28 sold in the last 12 months.
- Typical price per sqft
- AED 1,277 Up 6.6%
- Typical sale
- AED 1.09M
- Typical rent
- AED 75K /yr
- Typical yield
- 8.1%
Other units on the 10th floor
All 175 units in Ontario Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| R1001 | Studio | 402 sqft | AED 424KAED 423,832 · May 2011May 2011 | ||
| R1002 | 2-bed | 982 sqft | AED 1.18MAED 1,175,000 · Aug 2025August 2025 | 125,000 /yr | |
| R1004 | 1-bed | 802 sqft | AED 800KAED 800,000 · Sep 2026September 2026 | 70,000 /yr | |
| R1005 | 1-bed | 802 sqft | AED 910KAED 910,000 · Dec 2024December 2024 | 72,201 /yr | |
| R1006 | 1-bed | 791 sqft | AED 975KAED 974,610 · Aug 2011August 2011 | 42,000 /yr | |
| R1007 | 2-bed | 982 sqft | AED 1.12MAED 1,117,058 · Oct 2011October 2011 | 85,000 /yr |
R1003, Ontario Tower in numbers
- Sold twice: first on 8 August 2009 for AED 828,418, last on 9 December 2012 for AED 828,418 (AED 1,031 per sqft).
- Rented since August 2020 on 6 Ejari contracts, from AED 45,000 to AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2012 price is 9.0%, before a service charge of about AED 14,300 a year (AED 17.81 per sqft).
- One-beds in Ontario Tower sold for AED 800,000–1,200,000 in the 12 months to November 2026; the building's median across all types is AED 1,277 per sqft.
Source: Dubai Land Department. Updated 16 November 2025.
Questions about R1003, Ontario Tower
What did unit R1003 last sell for?
AED 828,418 on 9 December 2012: AED 1,031 per sqft for 803 sqft. The unit has 2 registered sales; the first was AED 828,418 in August 2009.
What is the rent for unit R1003?
AED 75,000 a year on the contract signed on 16 November 2025. The previous contract, from November 2024, was AED 75,000; the unit has been rented since August 2020.
How big is unit R1003?
803 sqft (74.6 sqm): a one-bedroom apartment on the 10th floor of a 25-storey tower completed in 2010.
What is unit R1003 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Ontario Tower sold for AED 800,000 to 1,200,000 in the last 12 months, around AED 1,286 per sqft.
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Mortgage on R1003, Ontario Tower
Starts from the last sale price (AED 828K, 9 December 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 828,418
- Deposit, UAE resident (20%)
- AED 165,684
- Deposit, non-resident (40%)
- AED 331,367
- Monthly over 25 years at 3.7%
- AED 3,389
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →