1-bed · 802 sqftOntario Tower, Business Bay · 17th floor · completed 2010

R1705, Ontario Tower

Sold prices and rental history: sold once, by the developer in January 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit R1705 · DLD and Ejari recordsUpdated 15 February 2026
Last soldAED 1.05M2 January 2014
Current rentAED 62K /yr15 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for R1705, Ontario Tower

What is R1705 worth today?

Last sold for AED 1,050,000 in 2014

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15 Feb 2026RentedRenewal
AED 62,000/yr12 months · AED 77 per sqft
15 Feb 2025RentedNew contract
AED 60,000/yr12 months · AED 75 per sqft
15 Feb 2022RentedNew contract
AED 55,000/yr12 months · AED 69 per sqft
10 Nov 2021RentedRenewal
AED 45,000/yr12 months · AED 56 per sqft
10 Nov 2020RentedNew contract
AED 45,000/yr12 months · AED 56 per sqft
29 Oct 2019RentedRenewal
AED 60,000/yr12 months · AED 75 per sqft
29 Oct 2018RentedRenewal
AED 65,000/yr12 months · AED 81 per sqft
29 Oct 2017RentedNew contract
AED 70,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 15 February 2026.

Key facts

Type
1-bed apartment
Size
802 sqft
Floor
17th of 25
Parking
B1-134
Developer
Rose Homes Investment
Completed
2010
Service charge
AED 14,300 /yr
Last sold
AED 1.05M · January 2014

About R1705, Ontario Tower

R1705 is a one-bedroom apartment of 802 sqft on the 17th floor of Ontario Tower, a 25-storey tower in Business Bay completed in 2010 by Rose Homes Investment. The developer sold it on 2 January 2014 for AED 1,050,000, or AED 1,309 per sqft, 6% below the AED 1,395 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 15 February 2026, is AED 62,000 a year: a gross yield of 5.9% on the 2014 price, before the service charge of about AED 14,300 a year.

Sales and rents for R1705 over time

Sales
Unit R1705, 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, January 2014: AED 1,050,000 (AED 1,309 per sqft)

R1705 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit R1705, 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, August 2013: AED 60,000 a yearNew contract, September 2014: AED 88,000 a yearRenewal, September 2015: AED 88,000 a yearNew contract, September 2016: AED 80,000 a yearNew contract, October 2017: AED 70,000 a yearRenewal, October 2018: AED 65,000 a yearRenewal, October 2019: AED 60,000 a yearNew contract, November 2020: AED 45,000 a yearRenewal, November 2021: AED 45,000 a yearNew contract, February 2022: AED 55,000 a yearNew contract, February 2025: AED 60,000 a yearRenewal, February 2026: AED 62,000 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 R1705 sits

All 100 1-beds →

R1705 last sold in January 2014 at AED 1,309 per sqft, 6% below what one-beds in Ontario Tower were fetching at the time (AED 1,395). 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. R1705's AED 62,000 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 17th floor

All 175 units in Ontario Tower
Value
R1701StudioAED 550K · Jul 2013
R17022-bedAED 1.32M · Sep 2025
R17031-bedAED 650K · Dec 2022
R17041-bedAED 650K · Dec 2022
R17061-bedAED 1.1M · Jul 2013
R17072-bedAED 882K · Jul 2013

R1705, Ontario Tower in numbers

  • Sold once: by Rose Homes Investment on 2 January 2014 for AED 1,050,000, or AED 1,309 per sqft.
  • Rented since August 2013 on 12 Ejari contracts. The rent fell from AED 60,000 to AED 45,000 in 2021 and recovered to AED 62,000 by February 2026.
  • At AED 62,000 a year the gross yield on the 2014 price is 5.9%, 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 15 February 2026.

Questions about R1705, Ontario Tower

What did unit R1705 last sell for?

AED 1,050,000 on 2 January 2014, sold by the developer: AED 1,309 per sqft for 802 sqft. It is the only registered sale of the unit.

What is the rent for unit R1705?

AED 62,000 a year on the contract renewed on 15 February 2026. The previous contract, from February 2025, was AED 60,000; the unit has been rented since August 2013.

How big is unit R1705?

802 sqft (74.5 sqm): a one-bedroom apartment on the 17th floor of a 25-storey tower completed in 2010.

What is unit R1705 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 R1705, Ontario Tower

Starts from the last sale price (AED 1.05M, 2 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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