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1-bed · 40 sqftOntario Tower, Business Bay · 14th floor · completed 2010

R1403, Ontario Tower

Sold prices and rental history: sold 3 times, last in March 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit R1403 · DLD and Ejari recordsUpdated 15 March 2016
Last soldAED 60K15 March 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for R1403, Ontario Tower

What is R1403 worth today?

Last sold for AED 60,000 in 2016

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15 Mar 2016SoldReady
AED 60,000AED 1,494 per sqft
15 Mar 2016SoldReady
AED 50,000AED 1,245 per sqft
25 Mar 2013Sold by developerReady
AED 995,000AED 1,239 per sqft

Source: Dubai Land Department. Updated 15 March 2016.

Key facts

Type
1-bed apartment
Size
40 sqft
Floor
14th of 25
Parking
B1-93
Developer
Rose Homes Investment
Completed
2010
Service charge
AED 700 /yr
Last sold
AED 60K · March 2016
Building
Ontario Tower

About R1403, Ontario Tower

R1403 is a one-bedroom apartment of 40 sqft on the 14th floor of Ontario Tower, a 25-storey tower in Business Bay completed in 2010 by Rose Homes Investment. It last sold on 15 March 2016 for AED 60,000, or AED 1,494 per sqft, 21% above the AED 1,230 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for R1403 over time

Sales
Unit R1403, each saleTypical one-bed in Ontario Tower
0500K1M2009201420192024Typical 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, March 2013: AED 995,000 (AED 1,239 per sqft)Sold, March 2016: AED 60,000 (AED 1,494 per sqft)Sold, March 2016: AED 50,000 (AED 1,245 per sqft)

R1403 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit R1403, 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 70,400

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 R1403 sits

All 100 1-beds →

R1403 last sold in March 2016 at AED 1,494 per sqft, 21% above what one-beds in Ontario Tower were fetching at the time (AED 1,230). 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.

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 14th floor

All 175 units in Ontario Tower
Value
R1401StudioAED 400K · Jun 2012
R14022-bedAED 1.51M · Feb 2026
R14041-bedAED 946K · Dec 2025
R14051-bedAED 930K · Jul 2017
R14061-bedAED 925K · Jun 2025
R14072-bedAED 683K · Mar 2025

R1403, Ontario Tower in numbers

  • Sold 3 times: first on 25 March 2013 for AED 995,000, last on 15 March 2016 for AED 60,000 (AED 1,494 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 15 March 2016.

Questions about R1403, Ontario Tower

What did unit R1403 last sell for?

AED 60,000 on 15 March 2016: AED 1,494 per sqft for 40 sqft. The unit has 3 registered sales; the first was AED 995,000 in March 2013.

How big is unit R1403?

40 sqft (3.7 sqm): a one-bedroom apartment on the 14th floor of a 25-storey tower completed in 2010.

What is unit R1403 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 R1403, Ontario Tower

Starts from the last sale price (AED 60K, 15 March 2016). Switch to today's estimate once you have unlocked it.
Price
AED 60,000
Deposit, UAE resident (20%)
AED 12,000
Deposit, non-resident (40%)
AED 24,000
Monthly over 25 years at 3.7%
AED 245

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