1-bed · 801 sqftOntario Tower, Business Bay · 3rd floor · completed 2010

R304, Ontario Tower

Sold prices and rental history: sold 4 times, last in September 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit R304 · DLD and Ejari recordsUpdated 15 September 2025
Last soldAED 1M15 September 2025
Current rentAED 58K /yr17 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for R304, Ontario Tower

What is R304 worth today?

Last sold for AED 1,000,000 in 2025

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15 Sep 2025SoldReady
AED 1,000,000AED 1,248 per sqft
10 Sep 2024SoldReady
AED 850,000AED 1,061 per sqft
17 Nov 2023RentedRenewal
AED 57,960/yr12 months · AED 72 per sqft
17 Nov 2022RentedRenewal
AED 50,400/yr12 months · AED 63 per sqft
17 Nov 2021RentedRenewal
AED 42,000/yr12 months · AED 52 per sqft
17 Nov 2020RentedNew contract
AED 40,000/yr12 months · AED 50 per sqft
5 Jan 2019RentedNew contract
AED 58,000/yr12 months · AED 73 per sqft
3 Mar 2015RentedNew contract
AED 85,000/yr12 months · AED 107 per sqft

Source: Dubai Land Department. Updated 15 September 2025.

Key facts

Type
1-bed apartment
Size
801 sqft
Floor
3rd of 25
Parking
B1-18
Developer
Rose Homes Investment
Completed
2010
Service charge
AED 14,300 /yr
Last sold
AED 1M · September 2025

About R304, Ontario Tower

R304 is a one-bedroom apartment of 801 sqft on the 3rd floor of Ontario Tower, a 25-storey tower in Business Bay completed in 2010 by Rose Homes Investment. It last sold on 15 September 2025 for AED 1,000,000, or AED 1,248 per sqft, 13% above the AED 1,109 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 17 November 2023, is AED 57,960 a year: a gross yield of 5.8% on the 2025 price, before the service charge of about AED 14,300 a year.

Sales and rents for R304 over time

Sales
Unit R304, 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 880,308 (AED 1,098 per sqft)Sold, April 2011: AED 880,308 (AED 1,098 per sqft)Sold, September 2024: AED 850,000 (AED 1,061 per sqft)Sold, September 2025: AED 1,000,000 (AED 1,248 per sqft)

R304 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit R304, 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, December 2013: AED 75,000 a yearNew contract, March 2015: AED 85,000 a yearNew contract, January 2019: AED 58,000 a yearNew contract, November 2020: AED 40,000 a yearRenewal, November 2021: AED 42,000 a yearRenewal, November 2022: AED 50,400 a yearRenewal, November 2023: AED 57,960 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 R304 sits

All 100 1-beds →

R304 last sold in September 2025 at AED 1,248 per sqft, 13% above what one-beds in Ontario Tower were fetching at the time (AED 1,109). 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. R304's AED 57,960 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 3rd floor

All 175 units in Ontario Tower
Value
R301StudioAED 500K · Jun 2019
R3022-bedAED 1.12M · Jun 2011
R3031-bedAED 820K · Jun 2024
R3051-bedAED 800K · Aug 2024
R3061-bedAED 525K · Feb 2017
R3072-bedAED 1.18M · Sep 2026

R304, Ontario Tower in numbers

  • Sold 4 times: first on 8 August 2009 for AED 880,308, last on 15 September 2025 for AED 1,000,000 (AED 1,248 per sqft).
  • Rented since December 2013 on 7 Ejari contracts. The rent fell from AED 75,000 to AED 40,000 in 2020 and recovered to AED 57,960 by November 2023.
  • At AED 57,960 a year the gross yield on the 2025 price is 5.8%, 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 September 2025.

Questions about R304, Ontario Tower

What did unit R304 last sell for?

AED 1,000,000 on 15 September 2025: AED 1,248 per sqft for 801 sqft. The unit has 4 registered sales; the first was AED 880,308 in August 2009.

What is the rent for unit R304?

AED 57,960 a year on the contract renewed on 17 November 2023. The previous contract, from November 2022, was AED 50,400; the unit has been rented since December 2013.

How big is unit R304?

801 sqft (74.4 sqm): a one-bedroom apartment on the 3rd floor of a 25-storey tower completed in 2010.

What is unit R304 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 R304, Ontario Tower

Starts from the last sale price (AED 1M, 15 September 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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