R106, Ontario Tower
Sold prices and rental history: sold 3 times, last in November 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for R106, Ontario Tower
What is R106 worth today?
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Source: Dubai Land Department. Updated 21 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 796 sqft
- Floor
- 1st of 25
- Parking
- B1-06
- Developer
- Rose Homes Investment
- Completed
- 2010
- Service charge
- AED 14,200 /yr
- Last sold
- AED 870K · November 2024
- Building
- Ontario Tower
About R106, Ontario Tower
R106 is a one-bedroom apartment of 796 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 21 November 2024 for AED 870,000, or AED 1,092 per sqft, 6% above the AED 1,026 one-beds in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 5 November 2024, is AED 73,296 a year: a gross yield of 8.4% on the 2024 price, before the service charge of about AED 14,200 a year.
Sales and rents for R106 over time
R106 has sold 3 times; 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 R106 sits
All 100 1-beds →R106 last sold in November 2024 at AED 1,092 per sqft, 6% above what one-beds in Ontario Tower were fetching at the time (AED 1,026). 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. R106's AED 73,296 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 1st floor
All 175 units in Ontario Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| R101 | Studio | 398 sqft | AED 440KAED 440,000 · Jul 2022July 2022 | 54,000 /yr | |
| R102 | 2-bed | 982 sqft | AED 1.29MAED 1,290,000 · Nov 2024November 2024 | 74,000 /yr | |
| R103 | 1-bed | 807 sqft | AED 840KAED 840,000 · May 2025May 2025 | 42,026 /yr | |
| R104 | 1-bed | 801 sqft | AED 1.1MAED 1,100,000 · Dec 2025December 2025 | 90,000 /yr | |
| R105 | 1-bed | 800 sqft | AED 800KAED 800,000 · Oct 2024October 2024 | 100,000 /yr | |
| R107 | 2-bed | 982 sqft | AED 1.26MAED 1,258,372 · Sep 2026September 2026 | 104,500 /yr |
R106, Ontario Tower in numbers
- Sold 3 times: first on 12 May 2011 for AED 877,149, last on 21 November 2024 for AED 870,000 (AED 1,092 per sqft).
- Rented since November 2021 on 3 Ejari contracts, from AED 40,000 to AED 73,296 a year.
- At AED 73,296 a year the gross yield on the 2024 price is 8.4%, before a service charge of about AED 14,200 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 21 November 2024.
Questions about R106, Ontario Tower
What did unit R106 last sell for?
AED 870,000 on 21 November 2024: AED 1,092 per sqft for 796 sqft. The unit has 3 registered sales; the first was AED 877,149 in May 2011.
What is the rent for unit R106?
AED 73,296 a year on the contract signed on 5 November 2024. The previous contract, from November 2023, was AED 70,000; the unit has been rented since November 2021.
How big is unit R106?
796 sqft (74.0 sqm): a one-bedroom apartment on the 1st floor of a 25-storey tower completed in 2010.
What is unit R106 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 R106, Ontario Tower
Starts from the last sale price (AED 870K, 21 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 870,000
- Deposit, UAE resident (20%)
- AED 174,000
- Deposit, non-resident (40%)
- AED 348,000
- Monthly over 25 years at 3.7%
- AED 3,559
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →