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1-bed · 791 sqftOntario Tower, Business Bay · 14th floor · completed 2010

R1406, Ontario Tower

Sold prices and rental history: sold 3 times, last in June 2025, and rented once, from October 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit R1406 · DLD and Ejari recordsUpdated 3 June 2025
Last soldAED 925K3 June 2025
Current rentAED 60K /yr1 October 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for R1406, Ontario Tower

What is R1406 worth today?

Last sold for AED 925,000 in 2025

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3 Jun 2025SoldReady
AED 925,000AED 1,169 per sqft
1 Oct 2019RentedNew contract
AED 60,000/yr12 months · AED 76 per sqft
11 Oct 2018SoldReady
AED 750,000AED 948 per sqft
1 Mar 2012Sold by developerReady
AED 1,120,802AED 1,416 per sqft

Source: Dubai Land Department. Updated 3 June 2025.

Key facts

Type
1-bed apartment
Size
791 sqft
Floor
14th of 25
Parking
B1-96
Developer
Rose Homes Investment
Completed
2010
Service charge
AED 14,100 /yr
Last sold
AED 925K · June 2025
Building
Ontario Tower

About R1406, Ontario Tower

R1406 is a one-bedroom apartment of 791 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 3 June 2025 for AED 925,000, or AED 1,169 per sqft, 10% above the AED 1,059 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 October 2019. The current contract, signed on 1 October 2019, is AED 60,000 a year: a gross yield of 6.5% on the 2025 price, before the service charge of about AED 14,100 a year.

Sales and rents for R1406 over time

Sales
Unit R1406, 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, March 2012: AED 1,120,802 (AED 1,416 per sqft)Sold, October 2018: AED 750,000 (AED 948 per sqft)Sold, June 2025: AED 925,000 (AED 1,169 per sqft)

R1406 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit R1406, 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, October 2019: AED 60,000 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 R1406 sits

All 100 1-beds →

R1406 last sold in June 2025 at AED 1,169 per sqft, 10% above what one-beds in Ontario Tower were fetching at the time (AED 1,059). 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. R1406's AED 60,000 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
R14051-bedAED 930K · Jul 2017
R14072-bedAED 683K · Mar 2025

R1406, Ontario Tower in numbers

  • Sold 3 times: first on 1 March 2012 for AED 1,120,802, last on 3 June 2025 for AED 925,000 (AED 1,169 per sqft).
  • Rented since October 2019 on one Ejari contract, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2025 price is 6.5%, before a service charge of about AED 14,100 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 3 June 2025.

Questions about R1406, Ontario Tower

What did unit R1406 last sell for?

AED 925,000 on 3 June 2025: AED 1,169 per sqft for 791 sqft. The unit has 3 registered sales; the first was AED 1,120,802 in March 2012.

What is the rent for unit R1406?

AED 60,000 a year on the contract signed on 1 October 2019.

How big is unit R1406?

791 sqft (73.5 sqm): a one-bedroom apartment on the 14th floor of a 25-storey tower completed in 2010.

What is unit R1406 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 R1406, Ontario Tower

Starts from the last sale price (AED 925K, 3 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 925,000
Deposit, UAE resident (20%)
AED 185,000
Deposit, non-resident (40%)
AED 370,000
Monthly over 25 years at 3.7%
AED 3,784

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