R406, Ontario Tower
Sold prices and rental history: sold 3 times, last in May 2025, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for R406, Ontario Tower
What is R406 worth today?
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Source: Dubai Land Department. Updated 20 May 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 791 sqft
- Floor
- 4th of 25
- Parking
- B1-27
- Developer
- Rose Homes Investment
- Completed
- 2010
- Service charge
- AED 14,100 /yr
- Last sold
- AED 930K · May 2025
- Building
- Ontario Tower
About R406, Ontario Tower
R406 is a one-bedroom apartment of 791 sqft on the 4th floor of Ontario Tower, a 25-storey tower in Business Bay completed in 2010 by Rose Homes Investment. It last sold on 19 May 2025 for AED 930,000, or AED 1,175 per sqft, 11% above the AED 1,059 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 20 May 2025, is AED 96,000 a year: a gross yield of 10.3% on the 2025 price, before the service charge of about AED 14,100 a year.
Sales and rents for R406 over time
R406 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 R406 sits
All 100 1-beds →R406 last sold in May 2025 at AED 1,175 per sqft, 11% above what one-beds in Ontario Tower were fetching at the time (AED 1,059). 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. R406's AED 96,000 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 4th floor
All 175 units in Ontario Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| R401 | Studio | 201 sqft | AED 255KAED 255,000 · Mar 2024March 2024 | 45,000 /yr | |
| R402 | 2-bed | 982 sqft | AED 1.1MAED 1,100,000 · Oct 2026October 2026 | 80,000 /yr | |
| R403 | 1-bed | 803 sqft | AED 1.22MAED 1,215,000 · Nov 2014November 2014 | 67,000 /yr | |
| R404 | 1-bed | 802 sqft | AED 1.05MAED 1,050,000 · Jul 2026July 2026 | 115,000 /yr | |
| R405 | 1-bed | 802 sqft | AED 925KAED 925,000 · Apr 2025April 2025 | 110,000 /yr | |
| R407 | 2-bed | 982 sqft | AED 1.1MAED 1,100,000 · Sep 2026September 2026 | 120,000 /yr |
R406, Ontario Tower in numbers
- Sold 3 times: first on 4 August 2009 for AED 966,000, last on 19 May 2025 for AED 930,000 (AED 1,175 per sqft).
- Rented since November 2014 on 10 Ejari contracts. The rent fell from AED 84,765 to AED 54,000 in 2020 and recovered to AED 96,000 by May 2025.
- At AED 96,000 a year the gross yield on the 2025 price is 10.3%, before a service charge of about AED 14,100 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 20 May 2025.
Questions about R406, Ontario Tower
What did unit R406 last sell for?
AED 930,000 on 19 May 2025: AED 1,175 per sqft for 791 sqft. The unit has 3 registered sales; the first was AED 966,000 in August 2009.
What is the rent for unit R406?
AED 96,000 a year on the contract signed on 20 May 2025. The previous contract, from May 2025, was AED 96,000; the unit has been rented since November 2014.
How big is unit R406?
791 sqft (73.5 sqm): a one-bedroom apartment on the 4th floor of a 25-storey tower completed in 2010.
What is unit R406 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 R406, Ontario Tower
Starts from the last sale price (AED 930K, 19 May 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 930,000
- Deposit, UAE resident (20%)
- AED 186,000
- Deposit, non-resident (40%)
- AED 372,000
- Monthly over 25 years at 3.7%
- AED 3,805
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →