1-bed · 802 sqftOntario Tower, Business Bay · 7th floor · completed 2010

R705, Ontario Tower

Sold prices and rental history: sold 3 times, last in December 2025, and rented once, from February 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit R705 · DLD and Ejari recordsUpdated 9 February 2026
Last soldAED 1.08M23 December 2025
Current rentAED 92K /yr9 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for R705, Ontario Tower

What is R705 worth today?

Last sold for AED 1,075,000 in 2025

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9 Feb 2026RentedNew contract
AED 92,000/yr12 months · AED 114 per sqft
23 Dec 2025SoldReady
AED 1,075,000AED 1,340 per sqft
24 Jun 2025SoldReady
AED 894,249AED 1,115 per sqft
21 Nov 2012Sold by developerReady
AED 900,000AED 1,122 per sqft

Source: Dubai Land Department. Updated 9 February 2026.

Key facts

Type
1-bed apartment
Size
802 sqft
Floor
7th of 25
Parking
B1-47
Developer
Rose Homes Investment
Completed
2010
Service charge
AED 14,300 /yr
Last sold
AED 1.08M · December 2025

About R705, Ontario Tower

R705 is a one-bedroom apartment of 802 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 23 December 2025 for AED 1,075,000, or AED 1,340 per sqft, 13% above the AED 1,188 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 9 February 2026. The current contract, signed on 9 February 2026, is AED 92,000 a year: a gross yield of 8.6% on the 2025 price, before the service charge of about AED 14,300 a year.

Sales and rents for R705 over time

Sales
Unit R705, 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, November 2012: AED 900,000 (AED 1,122 per sqft)Sold, June 2025: AED 894,249 (AED 1,115 per sqft)Sold, December 2025: AED 1,075,000 (AED 1,340 per sqft)

R705 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit R705, each contractTypical one-bed in Ontario Tower
50K75K100K2012201620202024Typical 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 2026: AED 92,000 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 R705 sits

All 100 1-beds →

R705 last sold in December 2025 at AED 1,340 per sqft, 13% above what one-beds in Ontario Tower were fetching at the time (AED 1,188). 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. R705's AED 92,000 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 7th floor

All 175 units in Ontario Tower
Value
R701StudioAED 666K · Jan 2017
R7022-bedAED 1.53M · May 2011
R7031-bedAED 800K · Dec 2023
R7041-bedAED 555K · Dec 2019
R7061-bedAED 1M · Oct 2013
R7072-bedAED 1.11M · Jun 2011

R705, Ontario Tower in numbers

  • Sold 3 times: first on 21 November 2012 for AED 900,000, last on 23 December 2025 for AED 1,075,000 (AED 1,340 per sqft).
  • Rented since February 2026 on one Ejari contract, at AED 92,000 a year.
  • At AED 92,000 a year the gross yield on the 2025 price is 8.6%, 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 9 February 2026.

Questions about R705, Ontario Tower

What did unit R705 last sell for?

AED 1,075,000 on 23 December 2025: AED 1,340 per sqft for 802 sqft. The unit has 3 registered sales; the first was AED 900,000 in November 2012.

What is the rent for unit R705?

AED 92,000 a year on the contract signed on 9 February 2026.

How big is unit R705?

802 sqft (74.5 sqm): a one-bedroom apartment on the 7th floor of a 25-storey tower completed in 2010.

What is unit R705 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 R705, Ontario Tower

Starts from the last sale price (AED 1.08M, 23 December 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,075,000
Deposit, UAE resident (20%)
AED 215,000
Deposit, non-resident (40%)
AED 430,000
Monthly over 25 years at 3.7%
AED 4,398

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