1-bed · 802 sqftOntario Tower, Business Bay · 19th floor · completed 2010

R1904, Ontario Tower

Sold prices and rental history: sold 3 times, last in May 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit R1904 · DLD and Ejari recordsUpdated 5 January 2026
Last soldAED 860K16 May 2024
Current rentAED 83K /yr5 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for R1904, Ontario Tower

What is R1904 worth today?

Last sold for AED 860,000 in 2024

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5 Jan 2026RentedNew contract
AED 83,000/yr12 months · AED 103 per sqft
16 May 2024SoldReady
AED 860,000AED 1,072 per sqft
20 Aug 2023RentedNew contract
AED 65,000/yr12 months · AED 82 per sqft
1 Mar 2021RentedRenewal
AED 40,000/yr12 months · AED 50 per sqft
2 Mar 2020RentedRenewal
AED 40,119/yr12 months · AED 50 per sqft
1 Mar 2019RentedNew contract
AED 39,893/yr12 months · AED 49 per sqft
24 Apr 2018SoldReady
AED 800,000AED 997 per sqft
19 Feb 2016RentedRenewal
AED 80,000/yr12 months · AED 99 per sqft

Source: Dubai Land Department. Updated 5 January 2026.

Key facts

Type
1-bed apartment
Size
802 sqft
Floor
19th of 25
Parking
P3-121
Developer
Rose Homes Investment
Completed
2010
Service charge
AED 14,300 /yr
Last sold
AED 860K · May 2024

About R1904, Ontario Tower

R1904 is a one-bedroom apartment of 802 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 16 May 2024 for AED 860,000, or AED 1,072 per sqft, 8% above the AED 997 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 5 January 2026, is AED 83,000 a year: a gross yield of 9.7% on the 2024 price, before the service charge of about AED 14,300 a year.

Sales and rents for R1904 over time

Sales
Unit R1904, 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 2012: AED 1,075,932 (AED 1,341 per sqft)Sold, April 2018: AED 800,000 (AED 997 per sqft)Sold, May 2024: AED 860,000 (AED 1,072 per sqft)

R1904 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit R1904, 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, February 2014: AED 66,700 a yearRenewal, February 2015: AED 76,705 a yearRenewal, February 2016: AED 80,000 a yearNew contract, March 2019: AED 39,893 a yearRenewal, March 2020: AED 40,119 a yearRenewal, March 2021: AED 40,000 a yearNew contract, August 2023: AED 65,000 a yearNew contract, January 2026: AED 83,000 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 R1904 sits

All 100 1-beds →

R1904 last sold in May 2024 at AED 1,072 per sqft, 8% above what one-beds in Ontario Tower were fetching at the time (AED 997). 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. R1904's AED 83,000 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 19th floor

All 175 units in Ontario Tower
Value
R1901StudioAED 590K · Aug 2013
R19022-bedAED 1.07M · Nov 2014
R19031-bedAED 770K · Jul 2023
R19051-bedAED 831K · Jun 2012
R19061-bedAED 828K · Aug 2009
R19072-bedAED 1.2M · Oct 2025

R1904, Ontario Tower in numbers

  • Sold 3 times: first on 3 January 2012 for AED 1,075,932, last on 16 May 2024 for AED 860,000 (AED 1,072 per sqft).
  • Rented since February 2014 on 8 Ejari contracts. The rent fell from AED 66,700 to AED 39,893 in 2019 and recovered to AED 83,000 by January 2026.
  • At AED 83,000 a year the gross yield on the 2024 price is 9.7%, 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 5 January 2026.

Questions about R1904, Ontario Tower

What did unit R1904 last sell for?

AED 860,000 on 16 May 2024: AED 1,072 per sqft for 802 sqft. The unit has 3 registered sales; the first was AED 1,075,932 in January 2012.

What is the rent for unit R1904?

AED 83,000 a year on the contract signed on 5 January 2026. The previous contract, from August 2023, was AED 65,000; the unit has been rented since February 2014.

How big is unit R1904?

802 sqft (74.5 sqm): a one-bedroom apartment on the 19th floor of a 25-storey tower completed in 2010.

What is unit R1904 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 R1904, Ontario Tower

Starts from the last sale price (AED 860K, 16 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 860,000
Deposit, UAE resident (20%)
AED 172,000
Deposit, non-resident (40%)
AED 344,000
Monthly over 25 years at 3.7%
AED 3,519

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