1-bed · 802 sqftOntario Tower, Business Bay · 14th floor · completed 2010

R1405, Ontario Tower

Sold prices and rental history: sold 3 times, last in July 2017, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit R1405 · DLD and Ejari recordsUpdated 19 December 2025
Last soldAED 930K9 July 2017
Current rentAED 75K /yr19 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for R1405, Ontario Tower

What is R1405 worth today?

Last sold for AED 930,000 in 2017

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19 Dec 2025RentedNew contract
AED 75,000/yr12 months · AED 93 per sqft
1 Oct 2024RentedRenewal
AED 66,000/yr6 months · AED 82 per sqft
1 Oct 2024RentedRenewal
AED 66,000/yr6 months · AED 82 per sqft
1 Oct 2023RentedRenewal
AED 54,000/yr12 months · AED 67 per sqft
1 Oct 2023RentedRenewal
AED 54,000/yr12 months · AED 67 per sqft
1 Oct 2022RentedNew contract
AED 54,000/yr12 months · AED 67 per sqft
1 Jun 2021RentedRenewal
AED 40,000/yr12 months · AED 50 per sqft
1 Feb 2019RentedNew contract
AED 65,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 19 December 2025.

Key facts

Type
1-bed apartment
Size
802 sqft
Floor
14th of 25
Parking
B1-95
Developer
Rose Homes Investment
Completed
2010
Service charge
AED 14,300 /yr
Last sold
AED 930K · July 2017

About R1405, Ontario Tower

R1405 is a one-bedroom apartment of 802 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 9 July 2017 for AED 930,000, or AED 1,159 per sqft, 4% below the AED 1,202 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, signed on 19 December 2025, is AED 75,000 a year: a gross yield of 8.1% on the 2017 price, before the service charge of about AED 14,300 a year.

Sales and rents for R1405 over time

Sales
Unit R1405, 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, May 2011: AED 880,308 (AED 1,097 per sqft)Sold, November 2013: AED 1,250,000 (AED 1,558 per sqft)Sold, July 2017: AED 930,000 (AED 1,159 per sqft)

R1405 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit R1405, each contractTypical one-bed in Ontario Tower
50K75K2012201620202024Typical 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, January 2014: AED 90,000 a yearNew contract, April 2015: AED 75,000 a yearNew contract, December 2017: AED 78,000 a yearNew contract, February 2019: AED 65,000 a yearRenewal, June 2021: AED 40,000 a yearNew contract, October 2022: AED 54,000 a yearRenewal, October 2023: AED 54,000 a yearRenewal, October 2023: AED 54,000 a yearRenewal, October 2024: AED 66,000 a yearRenewal, October 2024: AED 66,000 a yearNew contract, December 2025: AED 75,000 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 R1405 sits

All 100 1-beds →

R1405 last sold in July 2017 at AED 1,159 per sqft, 4% below what one-beds in Ontario Tower were fetching at the time (AED 1,202). 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. R1405's AED 75,000 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 14th floor

All 175 units in Ontario Tower
Value
R1401StudioAED 400K · Jun 2012
R14022-bedAED 1.51M · Feb 2026
R14031-bedAED 50K · Mar 2016
R14041-bedAED 946K · Dec 2025
R14061-bedAED 925K · Jun 2025
R14072-bedAED 683K · Mar 2025

R1405, Ontario Tower in numbers

  • Sold 3 times: first on 23 May 2011 for AED 880,308, last on 9 July 2017 for AED 930,000 (AED 1,159 per sqft).
  • Rented since January 2014 on 11 Ejari contracts. The rent fell from AED 90,000 to AED 40,000 in 2021 and recovered to AED 75,000 by December 2025.
  • At AED 75,000 a year the gross yield on the 2017 price is 8.1%, 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 19 December 2025.

Questions about R1405, Ontario Tower

What did unit R1405 last sell for?

AED 930,000 on 9 July 2017: AED 1,159 per sqft for 802 sqft. The unit has 3 registered sales; the first was AED 880,308 in May 2011.

What is the rent for unit R1405?

AED 75,000 a year on the contract signed on 19 December 2025. The previous contract, from October 2024, was AED 66,000; the unit has been rented since January 2014.

How big is unit R1405?

802 sqft (74.5 sqm): a one-bedroom apartment on the 14th floor of a 25-storey tower completed in 2010.

What is unit R1405 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 R1405, Ontario Tower

Starts from the last sale price (AED 930K, 9 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 930,000
Deposit, UAE resident (20%)
AED 186,000
Deposit, non-resident (40%)
AED 372,000
Monthly over 25 years at 3.7%
AED 3,805

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