1-bed · 803 sqftOntario Tower, Business Bay · 11th floor · completed 2010

R1103, Ontario Tower

Sold prices and rental history: sold 3 times, last in December 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit R1103 · DLD and Ejari recordsUpdated 28 March 2026
Last soldAED 860K16 December 2024
Current rentAED 80K /yr28 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for R1103, Ontario Tower

What is R1103 worth today?

Last sold for AED 860,000 in 2024

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28 Mar 2026RentedRenewal
AED 80,000/yr12 months · AED 100 per sqft
28 Mar 2025RentedNew contract
AED 95,000/yr12 months · AED 118 per sqft
16 Dec 2024SoldReady
AED 860,000AED 1,070 per sqft
5 Nov 2022RentedNew contract
AED 58,000/yr12 months · AED 72 per sqft
1 Oct 2022RentedRenewal
AED 50,400/yr12 months · AED 63 per sqft
1 Oct 2021RentedNew contract
AED 42,000/yr12 months · AED 52 per sqft
10 Aug 2020RentedNew contract
AED 45,000/yr12 months · AED 56 per sqft
15 Feb 2020RentedNew contract
AED 53,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 28 March 2026.

Key facts

Type
1-bed apartment
Size
803 sqft
Floor
11th of 25
Parking
B1-72
Developer
Rose Homes Investment
Completed
2010
Service charge
AED 14,300 /yr
Last sold
AED 860K · December 2024

About R1103, Ontario Tower

R1103 is a one-bedroom apartment of 803 sqft on the 11th floor of Ontario Tower, a 25-storey tower in Business Bay completed in 2010 by Rose Homes Investment. It last sold on 16 December 2024 for AED 860,000, or AED 1,070 per sqft, 3% above the AED 1,038 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 28 March 2026, is AED 80,000 a year: a gross yield of 9.3% on the 2024 price, before the service charge of about AED 14,300 a year.

Sales and rents for R1103 over time

Sales
Unit R1103, 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 2009: AED 877,149 (AED 1,092 per sqft)Sold, April 2011: AED 877,149 (AED 1,092 per sqft)Sold, December 2024: AED 860,000 (AED 1,070 per sqft)

R1103 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit R1103, each contractTypical one-bed in Ontario Tower
50K75K100K2012201620202024Typical 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, February 2020: AED 53,000 a yearNew contract, August 2020: AED 45,000 a yearNew contract, October 2021: AED 42,000 a yearRenewal, October 2022: AED 50,400 a yearNew contract, November 2022: AED 58,000 a yearNew contract, March 2025: AED 95,000 a yearRenewal, March 2026: AED 80,000 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 R1103 sits

All 100 1-beds →

R1103 last sold in December 2024 at AED 1,070 per sqft, 3% above what one-beds in Ontario Tower were fetching at the time (AED 1,038). 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. R1103's AED 80,000 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 11th floor

All 175 units in Ontario Tower
Value
R1101StudioAED 700K · Nov 2025
R11022-bedAED 1.2M · Jul 2017
R11041-bedAED 675K · Mar 2023
R11051-bedAED 1.01M · Aug 2016
R11061-bedAED 975K · Apr 2011
R11072-bedAED 1.23M · Mar 2017

R1103, Ontario Tower in numbers

  • Sold 3 times: first on 8 August 2009 for AED 877,149, last on 16 December 2024 for AED 860,000 (AED 1,070 per sqft).
  • Rented since February 2020 on 7 Ejari contracts. The rent fell from AED 53,000 to AED 42,000 in 2021 and recovered to AED 80,000 by March 2026.
  • At AED 80,000 a year the gross yield on the 2024 price is 9.3%, 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 28 March 2026.

Questions about R1103, Ontario Tower

What did unit R1103 last sell for?

AED 860,000 on 16 December 2024: AED 1,070 per sqft for 803 sqft. The unit has 3 registered sales; the first was AED 877,149 in August 2009.

What is the rent for unit R1103?

AED 80,000 a year on the contract renewed on 28 March 2026. The previous contract, from March 2025, was AED 95,000; the unit has been rented since February 2020.

How big is unit R1103?

803 sqft (74.6 sqm): a one-bedroom apartment on the 11th floor of a 25-storey tower completed in 2010.

What is unit R1103 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 R1103, Ontario Tower

Starts from the last sale price (AED 860K, 16 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 860,000
Deposit, UAE resident (20%)
AED 172,000
Deposit, non-resident (40%)
AED 344,000
Monthly over 25 years at 3.7%
AED 3,519

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