1-bed · 803 sqftOntario Tower, Business Bay · 20th floor · completed 2010

R2003, Ontario Tower

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

Unit R2003 · DLD and Ejari recordsUpdated 1 May 2026
Last soldAED 900K26 September 2024
Current rentAED 80K /yr1 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for R2003, Ontario Tower

What is R2003 worth today?

Last sold for AED 900,000 in 2024

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1 May 2026RentedRenewal
AED 80,000/yr3 months · AED 100 per sqft
1 May 2025RentedNew contract
AED 75,000/yr12 months · AED 93 per sqft
26 Sep 2024SoldReady
AED 900,000AED 1,120 per sqft
15 Nov 2023RentedRenewal
AED 56,925/yr12 months · AED 71 per sqft
15 Nov 2022RentedRenewal
AED 51,750/yr12 months · AED 64 per sqft
15 Nov 2021RentedNew contract
AED 45,000/yr12 months · AED 56 per sqft
5 Nov 2020RentedNew contract
AED 47,000/yr12 months · AED 59 per sqft
5 Nov 2019RentedNew contract
AED 58,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 1 May 2026.

Key facts

Type
1-bed apartment
Size
803 sqft
Floor
20th of 25
Parking
B1-139
Developer
Rose Homes Investment
Completed
2010
Service charge
AED 14,300 /yr
Last sold
AED 900K · September 2024

About R2003, Ontario Tower

R2003 is a one-bedroom apartment of 803 sqft on the 20th floor of Ontario Tower, a 25-storey tower in Business Bay completed in 2010 by Rose Homes Investment. It last sold on 26 September 2024 for AED 900,000, or AED 1,120 per sqft, 7% above the AED 1,044 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 1 May 2026, is AED 80,000 a year: a gross yield of 8.9% on the 2024 price, before the service charge of about AED 14,300 a year.

Sales and rents for R2003 over time

Sales
Unit R2003, 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, August 2009: AED 925,880 (AED 1,153 per sqft)Sold, April 2011: AED 925,879 (AED 1,153 per sqft)Sold, September 2024: AED 900,000 (AED 1,120 per sqft)

R2003 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit R2003, 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, September 2014: AED 69,000 a yearRenewal, September 2015: AED 79,350 a yearNew contract, October 2017: AED 74,000 a yearNew contract, November 2019: AED 58,000 a yearNew contract, November 2020: AED 47,000 a yearNew contract, November 2021: AED 45,000 a yearRenewal, November 2022: AED 51,750 a yearRenewal, November 2023: AED 56,925 a yearNew contract, May 2025: AED 75,000 a yearRenewal, May 2026: AED 80,000 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 R2003 sits

All 100 1-beds →

R2003 last sold in September 2024 at AED 1,120 per sqft, 7% above what one-beds in Ontario Tower were fetching at the time (AED 1,044). 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. R2003's AED 80,000 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 20th floor

All 175 units in Ontario Tower
Value
R2001StudioAED 390K · Jul 2020
R20022-bedAED 850K · Nov 2019
R20041-bedAED 1.01M · Jun 2026
R20051-bedAED 765K · Mar 2023
R20061-bedAED 800K · Sep 2024
R20072-bedAED 1.52M · Feb 2026

R2003, Ontario Tower in numbers

  • Sold 3 times: first on 8 August 2009 for AED 925,880, last on 26 September 2024 for AED 900,000 (AED 1,120 per sqft).
  • Rented since September 2014 on 10 Ejari contracts. The rent fell from AED 69,000 to AED 45,000 in 2021 and recovered to AED 80,000 by May 2026.
  • At AED 80,000 a year the gross yield on the 2024 price is 8.9%, 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 1 May 2026.

Questions about R2003, Ontario Tower

What did unit R2003 last sell for?

AED 900,000 on 26 September 2024: AED 1,120 per sqft for 803 sqft. The unit has 3 registered sales; the first was AED 925,880 in August 2009.

What is the rent for unit R2003?

AED 80,000 a year on the contract renewed on 1 May 2026. The previous contract, from May 2025, was AED 75,000; the unit has been rented since September 2014.

How big is unit R2003?

803 sqft (74.6 sqm): a one-bedroom apartment on the 20th floor of a 25-storey tower completed in 2010.

What is unit R2003 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 R2003, Ontario Tower

Starts from the last sale price (AED 900K, 26 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

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