1-bed · 802 sqftOntario Tower, Business Bay · 9th floor · completed 2010

R904, Ontario Tower

Sold prices and rental history: sold 3 times, last in December 2019, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit R904 · DLD and Ejari recordsUpdated 25 December 2025
Last soldAED 555K9 December 2019
Current rentAED 70K /yr25 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for R904, Ontario Tower

What is R904 worth today?

Last sold for AED 555,000 in 2019

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25 Dec 2025RentedNew contract
AED 70,000/yr12 months · AED 87 per sqft
15 Sep 2024RentedRenewal
AED 65,000/yr12 months · AED 81 per sqft
15 Sep 2023RentedRenewal
AED 56,000/yr12 months · AED 69 per sqft
15 Sep 2022RentedRenewal
AED 48,000/yr12 months · AED 59 per sqft
15 Sep 2021RentedNew contract
AED 41,000/yr12 months · AED 51 per sqft
20 Mar 2020RentedNew contract
AED 50,000/yr12 months · AED 62 per sqft
9 Dec 2019SoldReady
AED 555,000AED 692 per sqft
20 Sep 2011SoldReady
AED 1,565,000AED 1,951 per sqft

Source: Dubai Land Department. Updated 25 December 2025.

Key facts

Type
1-bed apartment
Size
802 sqft
Floor
9th of 25
Parking
B1-49
Developer
Rose Homes Investment
Completed
2010
Service charge
AED 14,300 /yr
Last sold
AED 555K · December 2019

About R904, Ontario Tower

R904 is a one-bedroom apartment of 802 sqft on the 9th floor of Ontario Tower, a 25-storey tower in Business Bay completed in 2010 by Rose Homes Investment. It last sold on 9 December 2019 for AED 555,000, or AED 692 per sqft, 4% below the AED 724 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 25 December 2025, is AED 70,000 a year: a gross yield of 12.6% on the 2019 price, before the service charge of about AED 14,300 a year.

Sales and rents for R904 over time

Sales
Unit R904, each saleTypical one-bed in Ontario Tower
500K1M1.5M2009201420192024Typical 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, September 2011: AED 1,565,000 (AED 1,951 per sqft)Sold by developer, September 2011: AED 880,308 (AED 1,097 per sqft)Sold, December 2019: AED 555,000 (AED 692 per sqft)

R904 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit R904, 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, March 2020: AED 50,000 a yearNew contract, September 2021: AED 41,000 a yearRenewal, September 2022: AED 48,000 a yearRenewal, September 2023: AED 56,000 a yearRenewal, September 2024: AED 65,000 a yearNew contract, December 2025: AED 70,000 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 R904 sits

All 100 1-beds →

R904 last sold in December 2019 at AED 692 per sqft, 4% below what one-beds in Ontario Tower were fetching at the time (AED 724). 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. R904's AED 70,000 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 9th floor

All 175 units in Ontario Tower
Value
R901StudioAED 300K · Apr 2016
R9022-bedAED 1.29M · Mar 2025
R9031-bedAED 1M · Jul 2025
R9051-bedAED 513K · Mar 2017
R9061-bedAED 800K · Jul 2018
R9072-bedAED 1.25M · Sep 2025

R904, Ontario Tower in numbers

  • Sold 3 times: first on 14 September 2011 for AED 880,308, last on 9 December 2019 for AED 555,000 (AED 692 per sqft).
  • Rented since March 2020 on 6 Ejari contracts. The rent fell from AED 50,000 to AED 41,000 in 2021 and recovered to AED 70,000 by December 2025.
  • At AED 70,000 a year the gross yield on the 2019 price is 12.6%, 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 25 December 2025.

Questions about R904, Ontario Tower

What did unit R904 last sell for?

AED 555,000 on 9 December 2019: AED 692 per sqft for 802 sqft. The unit has 3 registered sales; the first was AED 880,308 in September 2011.

What is the rent for unit R904?

AED 70,000 a year on the contract signed on 25 December 2025. The previous contract, from September 2024, was AED 65,000; the unit has been rented since March 2020.

How big is unit R904?

802 sqft (74.5 sqm): a one-bedroom apartment on the 9th floor of a 25-storey tower completed in 2010.

What is unit R904 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 R904, Ontario Tower

Starts from the last sale price (AED 555K, 9 December 2019). Switch to today's estimate once you have unlocked it.
Price
AED 555,000
Deposit, UAE resident (20%)
AED 111,000
Deposit, non-resident (40%)
AED 222,000
Monthly over 25 years at 3.7%
AED 2,271

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