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

R605, Ontario Tower

Sold prices and rental history: sold twice, last in April 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit R605 · DLD and Ejari recordsUpdated 1 May 2026
Last soldAED 850K22 April 2024
Current rentAED 85K /yr1 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for R605, Ontario Tower

What is R605 worth today?

Last sold for AED 850,000 in 2024

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1 May 2026RentedRenewal
AED 85,000/yr12 months · AED 105 per sqft
1 May 2025RentedRenewal
AED 69,432/yr12 months · AED 86 per sqft
1 May 2024RentedNew contract
AED 75,000/yr12 months · AED 93 per sqft
22 Apr 2024SoldReady
AED 850,000AED 1,059 per sqft
1 Mar 2022RentedNew contract
AED 55,000/yr12 months · AED 68 per sqft
28 Jan 2021RentedNew contract
AED 40,000/yr12 months · AED 50 per sqft
1 Oct 2019RentedNew contract
AED 58,000/yr12 months · AED 72 per sqft
9 Aug 2015Sold by developerReady
AED 986,850AED 1,230 per sqft

Source: Dubai Land Department. Updated 1 May 2026.

Key facts

Type
1-bed apartment
Size
802 sqft
Floor
6th of 25
Parking
B1-40
Developer
Rose Homes Investment
Completed
2010
Service charge
AED 14,300 /yr
Last sold
AED 850K · April 2024

About R605, Ontario Tower

R605 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 22 April 2024 for AED 850,000, or AED 1,059 per sqft, 6% above the AED 997 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 1 May 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 R605 over time

Sales
Unit R605, 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 2024: AED 850,000 (AED 1,059 per sqft)

R605 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit R605, each contractTypical one-bed in Ontario Tower
50K75K2012201620202024Typical 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, February 2015: AED 78,650 a yearNew contract, October 2019: AED 58,000 a yearNew contract, January 2021: AED 40,000 a yearNew contract, March 2022: AED 55,000 a yearNew contract, May 2024: AED 75,000 a yearRenewal, May 2025: AED 69,432 a yearRenewal, May 2026: AED 85,000 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 R605 sits

All 100 1-beds →

R605 last sold in April 2024 at AED 1,059 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. R605's AED 85,000 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
R6041-bedAED 870K · Apr 2025
R6061-bedNo registered sale
R6072-bedAED 1.21M · Aug 2015

R605, Ontario Tower in numbers

  • Sold twice: first on 9 August 2015 for AED 986,850, last on 22 April 2024 for AED 850,000 (AED 1,059 per sqft).
  • Rented since February 2015 on 7 Ejari contracts. The rent fell from AED 78,650 to AED 40,000 in 2021 and recovered to AED 85,000 by May 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 May 2026.

Questions about R605, Ontario Tower

What did unit R605 last sell for?

AED 850,000 on 22 April 2024: AED 1,059 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 R605?

AED 85,000 a year on the contract renewed on 1 May 2026. The previous contract, from May 2025, was AED 69,432; the unit has been rented since February 2015.

How big is unit R605?

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

What is unit R605 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 R605, 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 →