R1903, Ontario Tower
Sold prices and rental history: sold 4 times, last in July 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for R1903, Ontario Tower
What is R1903 worth today?
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Source: Dubai Land Department. Updated 12 August 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 803 sqft
- Floor
- 19th of 25
- Parking
- P3-120
- Developer
- Rose Homes Investment
- Completed
- 2010
- Service charge
- AED 14,300 /yr
- Last sold
- AED 770K · July 2023
- Building
- Ontario Tower
About R1903, Ontario Tower
R1903 is a one-bedroom apartment of 803 sqft on the 19th floor of Ontario Tower, a 25-storey tower in Business Bay completed in 2010 by Rose Homes Investment. It last sold on 28 July 2023 for AED 770,000, or AED 958 per sqft, 12% above the AED 856 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 12 August 2025, is AED 88,000 a year: a gross yield of 11.4% on the 2023 price, before the service charge of about AED 14,300 a year.
Sales and rents for R1903 over time
R1903 has sold 4 times; the dashed line is the one-bed median of each year in the building.
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 R1903 sits
All 100 1-beds →R1903 last sold in July 2023 at AED 958 per sqft, 12% above what one-beds in Ontario Tower were fetching at the time (AED 856). 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. R1903's AED 88,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Oct 20267 October 2026 | 803 sqft | 895,370 | 1,115 | ||
| 8 Sep 20268 September 2026 | 802 sqft | 800,000 | 997 | ||
| 18 Jul 202618 July 2026 | 802 sqft | 1,050,000 | 1,309 | ||
| 16 Jun 202616 June 2026 | 802 sqft | 1,012,692 | 1,262 |
Ontario Tower
Building175 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%
Other units on the 19th floor
All 175 units in Ontario Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| R1901 | Studio | 402 sqft | AED 590KAED 590,000 · Aug 2013August 2013 | 45,000 /yr | |
| R1902 | 2-bed | 982 sqft | AED 1.07MAED 1,070,024 · Nov 2014November 2014 | 135,000 /yr | |
| R1904 | 1-bed | 802 sqft | AED 860KAED 860,000 · May 2024May 2024 | 83,000 /yr | |
| R1905 | 1-bed | 802 sqft | AED 831KAED 831,402 · Jun 2012June 2012 | 70,000 /yr | |
| R1906 | 1-bed | 791 sqft | AED 828KAED 828,418 · Aug 2009August 2009 | 85,000 /yr | |
| R1907 | 2-bed | 982 sqft | AED 1.2MAED 1,200,000 · Oct 2025October 2025 | 90,000 /yr |
R1903, Ontario Tower in numbers
- Sold 4 times: first on 2 January 2012 for AED 1,072,071, last on 28 July 2023 for AED 770,000 (AED 958 per sqft).
- Rented since February 2017 on 7 Ejari contracts. The rent fell from AED 80,000 to AED 45,000 in 2021 and recovered to AED 88,000 by August 2025.
- At AED 88,000 a year the gross yield on the 2023 price is 11.4%, 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 12 August 2025.
Questions about R1903, Ontario Tower
What did unit R1903 last sell for?
AED 770,000 on 28 July 2023: AED 958 per sqft for 803 sqft. The unit has 4 registered sales; the first was AED 1,072,071 in January 2012.
What is the rent for unit R1903?
AED 88,000 a year on the contract renewed on 12 August 2025. The previous contract, from August 2024, was AED 84,000; the unit has been rented since February 2017.
How big is unit R1903?
803 sqft (74.6 sqm): a one-bedroom apartment on the 19th floor of a 25-storey tower completed in 2010.
What is unit R1903 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 R1903, Ontario Tower
Starts from the last sale price (AED 770K, 28 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 770,000
- Deposit, UAE resident (20%)
- AED 154,000
- Deposit, non-resident (40%)
- AED 308,000
- Monthly over 25 years at 3.7%
- AED 3,150
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →