R203, Ontario Tower
Sold prices and rental history: sold 3 times, last in December 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for R203, Ontario Tower
What is R203 worth today?
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Source: Dubai Land Department. Updated 10 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 807 sqft
- Floor
- 2nd of 25
- Parking
- B1-10
- Developer
- Rose Homes Investment
- Completed
- 2010
- Service charge
- AED 14,400 /yr
- Last sold
- AED 815K · December 2024
- Building
- Ontario Tower
About R203, Ontario Tower
R203 is a one-bedroom apartment of 807 sqft on the 2nd floor of Ontario Tower, a 25-storey tower in Business Bay completed in 2010 by Rose Homes Investment. It last sold on 10 December 2024 for AED 815,000, or AED 1,009 per sqft, in line with the AED 1,026 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 31 January 2024, is AED 56,925 a year: a gross yield of 7.0% on the 2024 price, before the service charge of about AED 14,400 a year.
Sales and rents for R203 over time
R203 has sold 3 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 R203 sits
All 100 1-beds →R203 last sold in December 2024 at AED 1,009 per sqft, in line with what one-beds in Ontario Tower were fetching at the time (AED 1,026). 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. R203's AED 56,925 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 2nd floor
All 175 units in Ontario Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| R201 | Studio | 398 sqft | AED 640KAED 640,000 · Oct 2025October 2025 | 55,000 /yr | |
| R202 | 2-bed | 982 sqft | AED 1.2MAED 1,200,000 · Sep 2026September 2026 | 104,500 /yr | |
| R204 | 1-bed | 801 sqft | AED 800KAED 800,000 · Oct 2024October 2024 | 75,000 /yr | |
| R205 | 1-bed | 800 sqft | AED 810KAED 810,000 · Sep 2024September 2024 | 100,000 /yr | |
| R206 | 1-bed | 796 sqft | AED 1.05MAED 1,047,228 · May 2026May 2026 | 90,000 /yr | |
| R207 | 2-bed | 982 sqft | AED 1.17MAED 1,170,000 · Oct 2025October 2025 | 85,000 /yr |
R203, Ontario Tower in numbers
- Sold 3 times: first on 8 August 2009 for AED 877,149, last on 10 December 2024 for AED 815,000 (AED 1,009 per sqft).
- Rented since August 2018 on 5 Ejari contracts. The rent fell from AED 60,000 to AED 40,000 in 2021 and recovered to AED 56,925 by January 2024.
- At AED 56,925 a year the gross yield on the 2024 price is 7.0%, before a service charge of about AED 14,400 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 10 December 2024.
Questions about R203, Ontario Tower
What did unit R203 last sell for?
AED 815,000 on 10 December 2024: AED 1,009 per sqft for 807 sqft. The unit has 3 registered sales; the first was AED 877,149 in August 2009.
What is the rent for unit R203?
AED 56,925 a year on the contract renewed on 31 January 2024. The previous contract, from January 2023, was AED 51,750; the unit has been rented since August 2018.
How big is unit R203?
807 sqft (75.0 sqm): a one-bedroom apartment on the 2nd floor of a 25-storey tower completed in 2010.
What is unit R203 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 R203, Ontario Tower
Starts from the last sale price (AED 815K, 10 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 815,000
- Deposit, UAE resident (20%)
- AED 163,000
- Deposit, non-resident (40%)
- AED 326,000
- Monthly over 25 years at 3.7%
- AED 3,334
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →