R305, Ontario Tower
Sold prices and rental history: sold 3 times, last in August 2024, 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 R305, Ontario Tower
What is R305 worth today?
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Source: Dubai Land Department. Updated 5 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 800 sqft
- Floor
- 3rd of 25
- Parking
- B1-19
- Developer
- Rose Homes Investment
- Completed
- 2010
- Service charge
- AED 14,200 /yr
- Last sold
- AED 800K · August 2024
- Building
- Ontario Tower
About R305, Ontario Tower
R305 is a one-bedroom apartment of 800 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 5 August 2024 for AED 800,000, or AED 1,000 per sqft, in line with the AED 1,030 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 16 March 2022, is AED 43,000 a year: a gross yield of 5.4% on the 2024 price, before the service charge of about AED 14,200 a year.
Sales and rents for R305 over time
R305 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 R305 sits
All 100 1-beds →R305 last sold in August 2024 at AED 1,000 per sqft, in line with what one-beds in Ontario Tower were fetching at the time (AED 1,030). 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. R305's AED 43,000 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 3rd floor
All 175 units in Ontario Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| R301 | Studio | 398 sqft | AED 500KAED 500,000 · Jun 2019June 2019 | 51,540 /yr | |
| R302 | 2-bed | 982 sqft | AED 1.12MAED 1,117,000 · Jun 2011June 2011 | 103,000 /yr | |
| R303 | 1-bed | 807 sqft | AED 820KAED 820,000 · Jun 2024June 2024 | 75,000 /yr | |
| R304 | 1-bed | 801 sqft | AED 1MAED 1,000,000 · Sep 2025September 2025 | 57,960 /yr | |
| R306 | 1-bed | 796 sqft | AED 525KAED 525,000 · Feb 2017February 2017 | 70,000 /yr | |
| R307 | 2-bed | 982 sqft | AED 1.18MAED 1,184,000 · Sep 2026September 2026 | 104,500 /yr |
R305, Ontario Tower in numbers
- Sold 3 times: first on 8 August 2009 for AED 880,308, last on 5 August 2024 for AED 800,000 (AED 1,000 per sqft).
- Rented since April 2017 on 6 Ejari contracts, from AED 74,000 to AED 43,000 a year.
- At AED 43,000 a year the gross yield on the 2024 price is 5.4%, before a service charge of about AED 14,200 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 August 2024.
Questions about R305, Ontario Tower
What did unit R305 last sell for?
AED 800,000 on 5 August 2024: AED 1,000 per sqft for 800 sqft. The unit has 3 registered sales; the first was AED 880,308 in August 2009.
What is the rent for unit R305?
AED 43,000 a year on the contract renewed on 16 March 2022. The previous contract, from March 2021, was AED 40,000; the unit has been rented since April 2017.
How big is unit R305?
800 sqft (74.3 sqm): a one-bedroom apartment on the 3rd floor of a 25-storey tower completed in 2010.
What is unit R305 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 R305, Ontario Tower
Starts from the last sale price (AED 800K, 5 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 800,000
- Deposit, UAE resident (20%)
- AED 160,000
- Deposit, non-resident (40%)
- AED 320,000
- Monthly over 25 years at 3.7%
- AED 3,273
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →