1-bed · 802 sqftOntario Tower, Business Bay · 12th floor · completed 2010

R1205, Ontario Tower

Sold prices and rental history: sold 3 times, last in June 2025, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit R1205 · DLD and Ejari recordsUpdated 23 June 2025
Last soldAED 920K23 June 2025
Current rentAED 45K /yr7 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for R1205, Ontario Tower

What is R1205 worth today?

Last sold for AED 920,000 in 2025

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23 Jun 2025SoldReady
AED 920,000AED 1,147 per sqft
7 Nov 2021RentedNew contract
AED 45,000/yr12 months · AED 56 per sqft
5 Apr 2021RentedNew contract
AED 41,000/yr12 months · AED 51 per sqft
7 Mar 2020RentedNew contract
AED 53,000/yr12 months · AED 66 per sqft
28 Feb 2019RentedRenewal
AED 65,000/yr12 months · AED 81 per sqft
28 Feb 2018RentedNew contract
AED 65,000/yr12 months · AED 81 per sqft
5 Jan 2016SoldReady
AED 750,000AED 935 per sqft
5 Dec 2015RentedNew contract
AED 80,000/yr12 months · AED 99 per sqft

Source: Dubai Land Department. Updated 23 June 2025.

Key facts

Type
1-bed apartment
Size
802 sqft
Floor
12th of 25
Parking
B1-81
Developer
Rose Homes Investment
Completed
2010
Service charge
AED 14,300 /yr
Last sold
AED 920K · June 2025

About R1205, Ontario Tower

R1205 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 23 June 2025 for AED 920,000, or AED 1,147 per sqft, 8% above the AED 1,060 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 7 November 2021, is AED 45,000 a year: a gross yield of 4.9% on the 2025 price, before the service charge of about AED 14,300 a year.

Sales and rents for R1205 over time

Sales
Unit R1205, 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, February 2013: AED 880,308 (AED 1,097 per sqft)Sold, January 2016: AED 750,000 (AED 935 per sqft)Sold, June 2025: AED 920,000 (AED 1,147 per sqft)

R1205 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit R1205, 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, December 2015: AED 80,000 a yearNew contract, February 2018: AED 65,000 a yearRenewal, February 2019: AED 65,000 a yearNew contract, March 2020: AED 53,000 a yearNew contract, April 2021: AED 41,000 a yearNew contract, November 2021: AED 45,000 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 R1205 sits

All 100 1-beds →

R1205 last sold in June 2025 at AED 1,147 per sqft, 8% above what one-beds in Ontario Tower were fetching at the time (AED 1,060). 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. R1205's AED 45,000 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 12th floor

All 175 units in Ontario Tower
Value
R1201StudioAED 460K · Apr 2011
R12022-bedAED 1.18M · Dec 2025
R12031-bedAED 850K · Sep 2024
R12041-bedAED 1.03M · Aug 2023
R12061-bedAED 850K · Jun 2024
R12072-bedAED 438K · Aug 2012

R1205, Ontario Tower in numbers

  • Sold 3 times: first on 24 February 2013 for AED 880,308, last on 23 June 2025 for AED 920,000 (AED 1,147 per sqft).
  • Rented since December 2015 on 6 Ejari contracts, from AED 80,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2025 price is 4.9%, 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 23 June 2025.

Questions about R1205, Ontario Tower

What did unit R1205 last sell for?

AED 920,000 on 23 June 2025: AED 1,147 per sqft for 802 sqft. The unit has 3 registered sales; the first was AED 880,308 in February 2013.

What is the rent for unit R1205?

AED 45,000 a year on the contract signed on 7 November 2021. The previous contract, from April 2021, was AED 41,000; the unit has been rented since December 2015.

How big is unit R1205?

802 sqft (74.5 sqm): a one-bedroom apartment on the 12th floor of a 25-storey tower completed in 2010.

What is unit R1205 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 R1205, Ontario Tower

Starts from the last sale price (AED 920K, 23 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 920,000
Deposit, UAE resident (20%)
AED 184,000
Deposit, non-resident (40%)
AED 368,000
Monthly over 25 years at 3.7%
AED 3,764

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