1-bed · 803 sqftOntario Tower, Business Bay · 4th floor · completed 2010

R403, Ontario Tower

Sold prices and rental history: sold once, by the developer in November 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit R403 · DLD and Ejari recordsUpdated 1 June 2026
Last soldAED 1.22M16 November 2014
Current rentAED 67K /yr1 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for R403, Ontario Tower

What is R403 worth today?

Last sold for AED 1,215,000 in 2014

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1 Jun 2026RentedNew contract
AED 67,000/yr12 months · AED 83 per sqft
6 Jan 2025RentedNew contract
AED 70,000/yr12 months · AED 87 per sqft
6 Jan 2025RentedNew contract
AED 70,000/yr12 months · AED 87 per sqft
15 Nov 2021RentedNew contract
AED 57,000/yr12 months · AED 71 per sqft
1 Nov 2020RentedRenewal
AED 46,000/yr12 months · AED 57 per sqft
1 Nov 2019RentedNew contract
AED 52,000/yr12 months · AED 64 per sqft
24 Jun 2018RentedNew contract
AED 60,000/yr12 months · AED 74 per sqft
16 Nov 2014Sold by developerReady
AED 1,215,000AED 1,513 per sqft

Source: Dubai Land Department. Updated 1 June 2026.

Key facts

Type
1-bed apartment
Size
803 sqft
Floor
4th of 25
Parking
B1-24
Developer
Rose Homes Investment
Completed
2010
Service charge
AED 14,300 /yr
Last sold
AED 1.22M · November 2014

About R403, Ontario Tower

R403 is a one-bedroom apartment of 803 sqft on the 4th floor of Ontario Tower, a 25-storey tower in Business Bay completed in 2010 by Rose Homes Investment. The developer sold it on 16 November 2014 for AED 1,215,000, or AED 1,513 per sqft, in line with the AED 1,496 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 1 June 2026, is AED 67,000 a year: a gross yield of 5.5% on the 2014 price, before the service charge of about AED 14,300 a year.

Sales and rents for R403 over time

Sales
Unit R403, 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, November 2014: AED 1,215,000 (AED 1,513 per sqft)

R403 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit R403, 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, June 2018: AED 60,000 a yearNew contract, November 2019: AED 52,000 a yearRenewal, November 2020: AED 46,000 a yearNew contract, November 2021: AED 57,000 a yearNew contract, January 2025: AED 70,000 a yearNew contract, January 2025: AED 70,000 a yearNew contract, June 2026: AED 67,000 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 R403 sits

All 100 1-beds →

R403 last sold in November 2014 at AED 1,513 per sqft, in line with what one-beds in Ontario Tower were fetching at the time (AED 1,496). 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. R403's AED 67,000 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 4th floor

All 175 units in Ontario Tower
Value
R401StudioAED 255K · Mar 2024
R4022-bedAED 1.1M · Oct 2026
R4041-bedAED 1.05M · Jul 2026
R4051-bedAED 925K · Apr 2025
R4061-bedAED 930K · May 2025
R4072-bedAED 1.1M · Sep 2026

R403, Ontario Tower in numbers

  • Sold once: by Rose Homes Investment on 16 November 2014 for AED 1,215,000, or AED 1,513 per sqft.
  • Rented since June 2018 on 7 Ejari contracts. The rent fell from AED 60,000 to AED 46,000 in 2020 and recovered to AED 67,000 by June 2026.
  • At AED 67,000 a year the gross yield on the 2014 price is 5.5%, 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 June 2026.

Questions about R403, Ontario Tower

What did unit R403 last sell for?

AED 1,215,000 on 16 November 2014, sold by the developer: AED 1,513 per sqft for 803 sqft. It is the only registered sale of the unit.

What is the rent for unit R403?

AED 67,000 a year on the contract signed on 1 June 2026. The previous contract, from January 2025, was AED 70,000; the unit has been rented since June 2018.

How big is unit R403?

803 sqft (74.6 sqm): a one-bedroom apartment on the 4th floor of a 25-storey tower completed in 2010.

What is unit R403 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 R403, Ontario Tower

Starts from the last sale price (AED 1.22M, 16 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,215,000
Deposit, UAE resident (20%)
AED 243,000
Deposit, non-resident (40%)
AED 486,000
Monthly over 25 years at 3.7%
AED 4,971

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