1-bed · 807 sqftOntario Tower, Business Bay · 1st floor · completed 2010

R103, Ontario Tower

Sold prices and rental history: sold twice, last in May 2025, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit R103 · DLD and Ejari recordsUpdated 5 May 2025
Last soldAED 840K5 May 2025
Current rentAED 42K /yr5 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for R103, Ontario Tower

What is R103 worth today?

Last sold for AED 840,000 in 2025

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5 May 2025SoldReady
AED 840,000AED 1,040 per sqft
5 May 2025RentedNew contract
AED 42,026/yr10 months · AED 52 per sqft
5 May 2025RentedNew contract
AED 42,026/yr10 months · AED 52 per sqft
1 Jun 2023RentedRenewal
AED 42,000/yr12 months · AED 52 per sqft
1 Jun 2022RentedRenewal
AED 42,000/yr12 months · AED 52 per sqft
1 Jun 2021RentedNew contract
AED 42,000/yr12 months · AED 52 per sqft
1 Oct 2019RentedRenewal
AED 60,000/yr14 months · AED 74 per sqft
1 Aug 2018RentedNew contract
AED 60,000/yr14 months · AED 74 per sqft

Source: Dubai Land Department. Updated 5 May 2025.

Key facts

Type
1-bed apartment
Size
807 sqft
Floor
1st of 25
Parking
B1-03
Developer
Rose Homes Investment
Completed
2010
Service charge
AED 14,400 /yr
Last sold
AED 840K · May 2025

About R103, Ontario Tower

R103 is a one-bedroom apartment of 807 sqft on the 1st floor of Ontario Tower, a 25-storey tower in Business Bay completed in 2010 by Rose Homes Investment. It last sold on 5 May 2025 for AED 840,000, or AED 1,040 per sqft, in line with the AED 1,059 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, signed on 5 May 2025, is AED 42,026 a year: a gross yield of 5.0% on the 2025 price, before the service charge of about AED 14,400 a year.

Sales and rents for R103 over time

Sales
Unit R103, each saleTypical one-bed in Ontario Tower
500K1M2009201420192024Typical sale price by year: 2009 AED 880,308; 2011 AED 925,879; 2012 AED 912,940; 2013 AED 1,120,801; 2014 AED 1,200,000; 2015 AED 990,550; 2016 AED 750,000; 2017 AED 952,500; 2018 AED 800,000; 2019 AED 580,757; 2022 AED 650,000; 2023 AED 765,000; 2024 AED 840,000; 2025 AED 941,563; 2026 AED 1,047,228Sold by developer, August 2015: AED 993,000 (AED 1,230 per sqft)Sold, May 2025: AED 840,000 (AED 1,040 per sqft)

R103 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit R103, each contractTypical one-bed in Ontario Tower
40K60K80K2012201620202024Typical rent by year: 2012 AED 52,500; 2013 AED 60,000; 2014 AED 70,000; 2015 AED 79,350; 2016 AED 80,000; 2017 AED 75,000; 2018 AED 65,000; 2019 AED 58,835; 2020 AED 47,000; 2021 AED 42,000; 2022 AED 52,000; 2023 AED 62,920; 2024 AED 73,500; 2025 AED 74,500; 2026 AED 70,400New contract, January 2014: AED 65,000 a yearNew contract, January 2015: AED 74,750 a yearNew contract, January 2016: AED 84,000 a yearRenewal, January 2017: AED 84,000 a yearNew contract, August 2018: AED 60,000 a yearRenewal, October 2019: AED 60,000 a yearNew contract, June 2021: AED 42,000 a yearRenewal, June 2022: AED 42,000 a yearRenewal, June 2023: AED 42,000 a yearNew contract, May 2025: AED 42,026 a yearNew contract, May 2025: AED 42,026 a year

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 R103 sits

All 100 1-beds →

R103 last sold in May 2025 at AED 1,040 per sqft, in line with what one-beds in Ontario Tower were fetching at the time (AED 1,059). 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. R103's AED 42,026 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
7 Oct 2026895,370
8 Sep 2026800,000
18 Jul 20261,050,000
16 Jun 20261,012,692
14 1-bed sales in the last 12 months

Ontario Tower

Building

175 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%
Ontario Tower, Business Bay: prices, sales and rents →

Other units on the 1st floor

All 175 units in Ontario Tower
Value
R101StudioAED 440K · Jul 2022
R1022-bedAED 1.29M · Nov 2024
R1041-bedAED 1.1M · Dec 2025
R1051-bedAED 800K · Oct 2024
R1061-bedAED 870K · Nov 2024
R1072-bedAED 1.26M · Sep 2026

R103, Ontario Tower in numbers

  • Sold twice: first on 9 August 2015 for AED 993,000, last on 5 May 2025 for AED 840,000 (AED 1,040 per sqft).
  • Rented since January 2014 on 11 Ejari contracts, from AED 65,000 to AED 42,026 a year.
  • At AED 42,026 a year the gross yield on the 2025 price is 5.0%, before a service charge of about AED 14,400 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 5 May 2025.

Questions about R103, Ontario Tower

What did unit R103 last sell for?

AED 840,000 on 5 May 2025: AED 1,040 per sqft for 807 sqft. The unit has 2 registered sales; the first was AED 993,000 in August 2015.

What is the rent for unit R103?

AED 42,026 a year on the contract signed on 5 May 2025. The previous contract, from May 2025, was AED 42,026; the unit has been rented since January 2014.

How big is unit R103?

807 sqft (75.0 sqm): a one-bedroom apartment on the 1st floor of a 25-storey tower completed in 2010.

What is unit R103 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 R103, Ontario Tower

Starts from the last sale price (AED 840K, 5 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 840,000
Deposit, UAE resident (20%)
AED 168,000
Deposit, non-resident (40%)
AED 336,000
Monthly over 25 years at 3.7%
AED 3,437

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →