R1103, Ontario Tower
Sold prices and rental history: sold 3 times, last in December 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for R1103, Ontario Tower
What is R1103 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 16 December 2024.
Key facts
- Type
- Apartment
- Size
- 803 sqft
- Floor
- 11th of 25
- Parking
- B1-72
- Developer
- Rose Homes Investment
- Completed
- 2010
- Service charge
- AED 14,300 /yr
- Last sold
- AED 860K · December 2024
- Building
- Ontario Tower
About R1103, Ontario Tower
R1103 is an apartment of 803 sqft on the 11th floor of Ontario Tower, a 25-storey tower in Business Bay completed in 2010 by Rose Homes Investment. It last sold on 16 December 2024 for AED 860,000, or AED 1,070 per sqft.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 5 November 2022, is AED 58,000 a year: a gross yield of 6.7% on the 2024 price, before the service charge of about AED 14,300 a year.
Ontario Tower
Building175 apartments, studios to 2-bed over 25 floors in Business Bay, completed in 2010 by Rose Homes Investment. 12 sold in the last 12 months.
- Typical price per sqft
- AED 1,332 Up 11.2%
- Typical sale
- AED 1.09M
- Typical rent
- AED 80K /yr
- Typical yield
- 7.4%
Other units on the 11th floor
All 175 units in Ontario Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| R1101 | 402 sqft | AED 700KAED 700,000 · Nov 2025November 2025 | 78,000 /yr | ||
| R1102 | 2-bed | 982 sqft | AED 1.2MAED 1,200,000 · Jul 2017July 2017 | 108,000 /yr | |
| R1104 | 1-bed | 802 sqft | AED 675KAED 675,000 · Mar 2023March 2023 | 50,000 /yr | |
| R1105 | 1-bed | 802 sqft | AED 1.01MAED 1,010,000 · Aug 2016August 2016 | ||
| R1106 | 1-bed | 791 sqft | AED 975KAED 974,610 · Apr 2011April 2011 | ||
| R1107 | 2-bed | 982 sqft | AED 1.23MAED 1,225,000 · Mar 2017March 2017 | 125,000 /yr |
R1103, Ontario Tower in numbers
- Sold 3 times: first on 8 August 2009 for AED 877,149, last on 16 December 2024 for AED 860,000 (AED 1,070 per sqft).
- Rented since February 2020 on 4 Ejari contracts. The rent fell from AED 53,000 to AED 45,000 in 2020 and recovered to AED 58,000 by November 2022.
- At AED 58,000 a year the gross yield on the 2024 price is 6.7%, before a service charge of about AED 14,300 a year (AED 17.81 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 16 December 2024.
Questions about R1103, Ontario Tower
What did unit R1103 last sell for?
AED 860,000 on 16 December 2024: AED 1,070 per sqft for 803 sqft. The unit has 3 registered sales; the first was AED 877,149 in August 2009.
What is the rent for unit R1103?
AED 58,000 a year on the contract signed on 5 November 2022. The previous contract, from October 2022, was AED 50,400; the unit has been rented since February 2020.
How big is unit R1103?
803 sqft (74.6 sqm): an apartment on the 11th floor of a 25-storey tower completed in 2010.
What is unit R1103 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on R1103, Ontario Tower
Starts from the last sale price (AED 860K, 16 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 860,000
- Deposit, UAE resident (20%)
- AED 172,000
- Deposit, non-resident (40%)
- AED 344,000
- Monthly over 25 years at 3.7%
- AED 3,519
Plus AED 41,130 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →