R703, Ontario Tower
Sold prices and rental history: sold 3 times, last in December 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for R703, Ontario Tower
What is R703 worth today?
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Source: Dubai Land Department. Updated 25 May 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 803 sqft
- Floor
- 7th of 25
- Parking
- B1-45
- Developer
- Rose Homes Investment
- Completed
- 2010
- Service charge
- AED 14,300 /yr
- Last sold
- AED 800K · December 2023
- Building
- Ontario Tower
About R703, Ontario Tower
R703 is a one-bedroom apartment of 803 sqft on the 7th floor of Ontario Tower, a 25-storey tower in Business Bay completed in 2010 by Rose Homes Investment. It last sold on 18 December 2023 for AED 800,000, or AED 996 per sqft, 5% above the AED 951 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 25 May 2026, is AED 70,400 a year: a gross yield of 8.8% on the 2023 price, before the service charge of about AED 14,300 a year.
Sales and rents for R703 over time
R703 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 R703 sits
All 100 1-beds →R703 last sold in December 2023 at AED 996 per sqft, 5% above what one-beds in Ontario Tower were fetching at the time (AED 951). 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. R703's AED 70,400 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 7th floor
All 175 units in Ontario Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| R701 | Studio | 402 sqft | AED 666KAED 666,225 · Jan 2017January 2017 | 55,000 /yr | |
| R702 | 2-bed | 982 sqft | AED 1.53MAED 1,528,605 · May 2011May 2011 | ||
| R704 | 1-bed | 802 sqft | AED 555KAED 555,000 · Dec 2019December 2019 | 65,520 /yr | |
| R705 | 1-bed | 802 sqft | AED 1.08MAED 1,075,000 · Dec 2025December 2025 | 92,000 /yr | |
| R706 | 1-bed | 791 sqft | AED 1MAED 1,000,000 · Oct 2013October 2013 | 64,000 /yr | |
| R707 | 2-bed | 982 sqft | AED 1.11MAED 1,108,265 · Jun 2011June 2011 | 80,000 /yr |
R703, Ontario Tower in numbers
- Sold 3 times: first on 8 August 2009 for AED 1,000,000, last on 18 December 2023 for AED 800,000 (AED 996 per sqft).
- Rented since September 2015 on 6 Ejari contracts, from AED 80,000 to AED 70,400 a year.
- At AED 70,400 a year the gross yield on the 2023 price is 8.8%, 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 25 May 2026.
Questions about R703, Ontario Tower
What did unit R703 last sell for?
AED 800,000 on 18 December 2023: AED 996 per sqft for 803 sqft. The unit has 3 registered sales; the first was AED 1,000,000 in August 2009.
What is the rent for unit R703?
AED 70,400 a year on the contract renewed on 25 May 2026. The previous contract, from May 2025, was AED 68,000; the unit has been rented since September 2015.
How big is unit R703?
803 sqft (74.6 sqm): a one-bedroom apartment on the 7th floor of a 25-storey tower completed in 2010.
What is unit R703 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 R703, Ontario Tower
Starts from the last sale price (AED 800K, 18 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 800,000
- Deposit, UAE resident (20%)
- AED 160,000
- Deposit, non-resident (40%)
- AED 320,000
- Monthly over 25 years at 3.7%
- AED 3,273
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →