1-bed · 802 sqftOntario Tower, Business Bay · 6th floor · completed 2010

R604, Ontario Tower

Sold prices and rental history: sold twice, last in April 2025, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit R604 · DLD and Ejari recordsUpdated 29 April 2025
Last soldAED 870K29 April 2025
Current rentAED 42K /yr1 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for R604, Ontario Tower

What is R604 worth today?

Last sold for AED 870,000 in 2025

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29 Apr 2025SoldReady
AED 870,000AED 1,084 per sqft
1 Feb 2021RentedNew contract
AED 42,000/yr12 months · AED 52 per sqft
15 Aug 2018RentedNew contract
AED 65,000/yr12 months · AED 81 per sqft
20 Sep 2017RentedNew contract
AED 75,000/yr12 months · AED 93 per sqft
9 Aug 2015Sold by developerReady
AED 986,850AED 1,230 per sqft
23 Dec 2014RentedNew contract
AED 77,000/yr12 months · AED 95 per sqft

Source: Dubai Land Department. Updated 29 April 2025.

Key facts

Type
1-bed apartment
Size
802 sqft
Floor
6th of 25
Parking
B1-39
Developer
Rose Homes Investment
Completed
2010
Service charge
AED 14,300 /yr
Last sold
AED 870K · April 2025

About R604, Ontario Tower

R604 is a one-bedroom apartment of 802 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 29 April 2025 for AED 870,000, or AED 1,084 per sqft, in line with the AED 1,059 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 1 February 2021, is AED 42,000 a year: a gross yield of 4.8% on the 2025 price, before the service charge of about AED 14,300 a year.

Sales and rents for R604 over time

Sales
Unit R604, 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 2015: AED 986,850 (AED 1,230 per sqft)Sold, April 2025: AED 870,000 (AED 1,084 per sqft)

R604 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit R604, 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, December 2014: AED 77,000 a yearNew contract, September 2017: AED 75,000 a yearNew contract, August 2018: AED 65,000 a yearNew contract, February 2021: AED 42,000 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 R604 sits

All 100 1-beds →

R604 last sold in April 2025 at AED 1,084 per sqft, in line with 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. R604's AED 42,000 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 6th floor

All 175 units in Ontario Tower
Value
R601StudioAED 448K · Sep 2012
R6022-bedAED 1.34M · May 2024
R6031-bedAED 850K · Apr 2024
R6051-bedAED 850K · Apr 2024
R6061-bedNo registered sale
R6072-bedAED 1.21M · Aug 2015

R604, Ontario Tower in numbers

  • Sold twice: first on 9 August 2015 for AED 986,850, last on 29 April 2025 for AED 870,000 (AED 1,084 per sqft).
  • Rented since December 2014 on 4 Ejari contracts, from AED 77,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2025 price is 4.8%, 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 29 April 2025.

Questions about R604, Ontario Tower

What did unit R604 last sell for?

AED 870,000 on 29 April 2025: AED 1,084 per sqft for 802 sqft. The unit has 2 registered sales; the first was AED 986,850 in August 2015.

What is the rent for unit R604?

AED 42,000 a year on the contract signed on 1 February 2021. The previous contract, from August 2018, was AED 65,000; the unit has been rented since December 2014.

How big is unit R604?

802 sqft (74.5 sqm): a one-bedroom apartment on the 6th floor of a 25-storey tower completed in 2010.

What is unit R604 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 R604, Ontario Tower

Starts from the last sale price (AED 870K, 29 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 870,000
Deposit, UAE resident (20%)
AED 174,000
Deposit, non-resident (40%)
AED 348,000
Monthly over 25 years at 3.7%
AED 3,559

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