R803, Ontario Tower
Sold prices and rental history: sold once, by the developer in March 2012, 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 R803, Ontario Tower
What is R803 worth today?
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Source: Dubai Land Department. Updated 1 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 803 sqft
- Floor
- 8th of 25
- Parking
- B1-52
- Developer
- Rose Homes Investment
- Completed
- 2010
- Service charge
- AED 14,300 /yr
- Last sold
- AED 850K · March 2012
- Building
- Ontario Tower
About R803, Ontario Tower
R803 is a one-bedroom apartment of 803 sqft on the 8th floor of Ontario Tower, a 25-storey tower in Business Bay completed in 2010 by Rose Homes Investment. The developer sold it on 5 March 2012 for AED 850,000, or AED 1,058 per sqft, 8% below the AED 1,153 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 1 August 2024, is AED 73,500 a year: a gross yield of 8.6% on the 2012 price, before the service charge of about AED 14,300 a year.
Sales and rents for R803 over time
R803 has sold once; 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 R803 sits
All 100 1-beds →R803 last sold in March 2012 at AED 1,058 per sqft, 8% below what one-beds in Ontario Tower were fetching at the time (AED 1,153). 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. R803's AED 73,500 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 8th floor
All 175 units in Ontario Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| R801 | 1-bed | 402 sqft | AED 550KAED 550,000 · Apr 2013April 2013 | 52,000 /yr | |
| R802 | 2-bed | 982 sqft | AED 1.07MAED 1,070,023 · Sep 2013September 2013 | 115,000 /yr | |
| R804 | 1-bed | 802 sqft | AED 607KAED 606,514 · Jul 2019July 2019 | 63,500 /yr | |
| R805 | 1-bed | 802 sqft | AED 1.1MAED 1,100,000 · Aug 2025August 2025 | 88,000 /yr | |
| R806 | 1-bed | 791 sqft | AED 1MAED 1,000,000 · Oct 2013October 2013 | 76,000 /yr | |
| R807 | 2-bed | 982 sqft | AED 1.07MAED 1,070,024 · May 2011May 2011 | 99,000 /yr |
R803, Ontario Tower in numbers
- Sold once: by Rose Homes Investment on 5 March 2012 for AED 850,000, or AED 1,058 per sqft.
- Rented since March 2014 on 6 Ejari contracts. The rent fell from AED 92,000 to AED 19,973 in 2017 and recovered to AED 73,500 by August 2024.
- At AED 73,500 a year the gross yield on the 2012 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 1 August 2024.
Questions about R803, Ontario Tower
What did unit R803 last sell for?
AED 850,000 on 5 March 2012, sold by the developer: AED 1,058 per sqft for 803 sqft. It is the only registered sale of the unit.
What is the rent for unit R803?
AED 73,500 a year on the contract signed on 1 August 2024. The previous contract, from August 2023, was AED 70,000; the unit has been rented since March 2014.
How big is unit R803?
803 sqft (74.6 sqm): a one-bedroom apartment on the 8th floor of a 25-storey tower completed in 2010.
What is unit R803 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 R803, Ontario Tower
Starts from the last sale price (AED 850K, 5 March 2012). 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 →