R603, Ontario Tower
Sold prices and rental history: sold twice, last in April 2024, 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 R603, Ontario Tower
What is R603 worth today?
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Source: Dubai Land Department. Updated 1 January 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 803 sqft
- Floor
- 6th of 25
- Parking
- B1-38
- Developer
- Rose Homes Investment
- Completed
- 2010
- Service charge
- AED 14,300 /yr
- Last sold
- AED 850K · April 2024
- Building
- Ontario Tower
About R603, Ontario Tower
R603 is a one-bedroom apartment of 803 sqft on the 6th floor of Ontario Tower, a 25-storey tower in Business Bay completed in 2010 by Rose Homes Investment. It last sold on 22 April 2024 for AED 850,000, or AED 1,058 per sqft, 6% above the AED 997 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 1 January 2026, is AED 85,000 a year: a gross yield of 10.0% on the 2024 price, before the service charge of about AED 14,300 a year.
Sales and rents for R603 over time
R603 has sold twice; 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 R603 sits
All 100 1-beds →R603 last sold in April 2024 at AED 1,058 per sqft, 6% above what one-beds in Ontario Tower were fetching at the time (AED 997). 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. R603's AED 85,000 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 6th floor
All 175 units in Ontario Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| R601 | Studio | 402 sqft | AED 448KAED 447,700 · Sep 2012September 2012 | 60,000 /yr | |
| R602 | 2-bed | 982 sqft | AED 1.34MAED 1,340,000 · May 2024May 2024 | 108,000 /yr | |
| R604 | 1-bed | 802 sqft | AED 870KAED 870,000 · Apr 2025April 2025 | 42,000 /yr | |
| R605 | 1-bed | 802 sqft | AED 850KAED 850,000 · Apr 2024April 2024 | 85,000 /yr | |
| R606 | 1-bed | 791 sqft | No registered sale | 200,000 /yr | |
| R607 | 2-bed | 982 sqft | AED 1.21MAED 1,208,350 · Aug 2015August 2015 | 105,000 /yr |
R603, Ontario Tower in numbers
- Sold twice: first on 9 August 2015 for AED 988,100, last on 22 April 2024 for AED 850,000 (AED 1,058 per sqft).
- Rented since July 2014 on 5 Ejari contracts. The rent fell from AED 71,500 to AED 40,000 in 2022 and recovered to AED 85,000 by January 2026.
- At AED 85,000 a year the gross yield on the 2024 price is 10.0%, 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 January 2026.
Questions about R603, Ontario Tower
What did unit R603 last sell for?
AED 850,000 on 22 April 2024: AED 1,058 per sqft for 803 sqft. The unit has 2 registered sales; the first was AED 988,100 in August 2015.
What is the rent for unit R603?
AED 85,000 a year on the contract signed on 1 January 2026. The previous contract, from June 2024, was AED 80,000; the unit has been rented since July 2014.
How big is unit R603?
803 sqft (74.6 sqm): a one-bedroom apartment on the 6th floor of a 25-storey tower completed in 2010.
What is unit R603 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 R603, Ontario Tower
Starts from the last sale price (AED 850K, 22 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 850,000
- Deposit, UAE resident (20%)
- AED 170,000
- Deposit, non-resident (40%)
- AED 340,000
- Monthly over 25 years at 3.7%
- AED 3,478
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →