R1204, Ontario Tower
Sold prices and rental history: sold 4 times, last in August 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for R1204, Ontario Tower
What is R1204 worth today?
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Source: Dubai Land Department. Updated 24 August 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 802 sqft
- Floor
- 12th of 25
- Parking
- B1-80
- Developer
- Rose Homes Investment
- Completed
- 2010
- Service charge
- AED 14,300 /yr
- Last sold
- AED 1.03M · August 2023
- Building
- Ontario Tower
About R1204, Ontario Tower
R1204 is a one-bedroom apartment of 802 sqft on the 12th floor of Ontario Tower, a 25-storey tower in Business Bay completed in 2010 by Rose Homes Investment. It last sold on 24 August 2023 for AED 1,025,000, or AED 1,278 per sqft, 47% above the AED 871 one-beds in the building were fetching at the time.
It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 6 July 2022, is AED 52,000 a year: a gross yield of 5.1% on the 2023 price, before the service charge of about AED 14,300 a year.
Sales and rents for R1204 over time
R1204 has sold 4 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 R1204 sits
All 100 1-beds →R1204 last sold in August 2023 at AED 1,278 per sqft, 47% above what one-beds in Ontario Tower were fetching at the time (AED 871). 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. R1204's AED 52,000 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 12th floor
All 175 units in Ontario Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| R1201 | Studio | 402 sqft | AED 460KAED 460,000 · Apr 2011April 2011 | 60,000 /yr | |
| R1202 | 2-bed | 982 sqft | AED 1.18MAED 1,180,000 · Dec 2025December 2025 | 120,000 /yr | |
| R1203 | 1-bed | 803 sqft | AED 850KAED 850,000 · Sep 2024September 2024 | 80,000 /yr | |
| R1205 | 1-bed | 802 sqft | AED 920KAED 920,000 · Jun 2025June 2025 | 45,000 /yr | |
| R1206 | 1-bed | 791 sqft | AED 850KAED 850,000 · Jun 2024June 2024 | 75,000 /yr | |
| R1207 | 2-bed | 982 sqft | AED 438KAED 437,500 · Aug 2012August 2012 | 100,000 /yr |
R1204, Ontario Tower in numbers
- Sold 4 times: first on 5 August 2009 for AED 880,308, last on 24 August 2023 for AED 1,025,000 (AED 1,278 per sqft).
- Rented since February 2020 on 3 Ejari contracts. The rent fell from AED 53,000 to AED 40,000 in 2021 and recovered to AED 52,000 by July 2022.
- At AED 52,000 a year the gross yield on the 2023 price is 5.1%, 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 24 August 2023.
Questions about R1204, Ontario Tower
What did unit R1204 last sell for?
AED 1,025,000 on 24 August 2023: AED 1,278 per sqft for 802 sqft. The unit has 4 registered sales; the first was AED 880,308 in August 2009.
What is the rent for unit R1204?
AED 52,000 a year on the contract signed on 6 July 2022. The previous contract, from March 2021, was AED 40,000; the unit has been rented since February 2020.
How big is unit R1204?
802 sqft (74.5 sqm): a one-bedroom apartment on the 12th floor of a 25-storey tower completed in 2010.
What is unit R1204 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 R1204, Ontario Tower
Starts from the last sale price (AED 1.03M, 24 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,025,000
- Deposit, UAE resident (20%)
- AED 205,000
- Deposit, non-resident (40%)
- AED 410,000
- Monthly over 25 years at 3.7%
- AED 4,194
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →