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1-bed · 802 sqftOntario Tower, Business Bay · 11th floor · completed 2010

R1104, Ontario Tower

Sold prices and rental history: sold 3 times, last in March 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit R1104 · DLD and Ejari recordsUpdated 2 March 2023
Last soldAED 675K2 March 2023
Current rentAED 50K /yr29 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for R1104, Ontario Tower

What is R1104 worth today?

Last sold for AED 675,000 in 2023

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2 Mar 2023SoldReady
AED 675,000AED 841 per sqft
29 Nov 2021RentedNew contract
AED 50,000/yr12 months · AED 62 per sqft
1 Oct 2020RentedNew contract
AED 40,000/yr12 months · AED 50 per sqft
15 Jan 2018RentedNew contract
AED 70,000/yr12 months · AED 87 per sqft
6 May 2016RentedNew contract
AED 82,950/yr12 months · AED 103 per sqft
6 Aug 2015SoldReady
AED 1,000,000AED 1,246 per sqft
6 May 2014RentedRenewal
AED 71,500/yr12 months · AED 89 per sqft
6 May 2013RentedNew contract
AED 65,000/yr12 months · AED 81 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 2 March 2023.

Key facts

Type
1-bed apartment
Size
802 sqft
Floor
11th of 25
Parking
B1-73
Developer
Rose Homes Investment
Completed
2010
Service charge
AED 14,300 /yr
Last sold
AED 675K · March 2023
Building
Ontario Tower

About R1104, Ontario Tower

R1104 is a one-bedroom apartment of 802 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 2 March 2023 for AED 675,000, or AED 841 per sqft, 4% above the AED 810 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 29 November 2021, is AED 50,000 a year: a gross yield of 7.4% on the 2023 price, before the service charge of about AED 14,300 a year.

Sales and rents for R1104 over time

Sales
Unit R1104, each saleTypical one-bed in Ontario Tower
500K1M2009201420192024Typical sale price by year: 2009 AED 880,308; 2011 AED 925,880; 2012 AED 900,000; 2013 AED 1,120,801; 2014 AED 1,200,000; 2015 AED 990,550; 2016 AED 750,000; 2017 AED 930,000; 2018 AED 800,000; 2019 AED 580,757; 2022 AED 650,000; 2023 AED 765,000; 2024 AED 840,000; 2025 AED 925,000Sold by developer, February 2013: AED 880,308 (AED 1,097 per sqft)Sold, August 2015: AED 1,000,000 (AED 1,246 per sqft)Sold, March 2023: AED 675,000 (AED 841 per sqft)

R1104 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit R1104, each contractTypical one-bed in Ontario Tower
50K75K2012201620202024Typical rent by year: 2012 AED 52,500; 2013 AED 57,500; 2014 AED 71,500; 2015 AED 79,275; 2016 AED 80,000; 2017 AED 75,000; 2018 AED 65,000; 2019 AED 60,000; 2020 AED 47,000; 2021 AED 42,000; 2022 AED 52,000; 2023 AED 63,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 85,000New contract, May 2013: AED 65,000 a yearRenewal, May 2014: AED 71,500 a yearNew contract, May 2016: AED 82,950 a yearNew contract, January 2018: AED 70,000 a yearNew contract, October 2020: AED 40,000 a yearNew contract, November 2021: AED 50,000 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 R1104 sits

All 89 1-beds →

R1104 last sold in March 2023 at AED 841 per sqft, 4% above what one-beds in Ontario Tower were fetching at the time (AED 810). Over the last 12 months one-beds sold for AED 939,796 to 1,200,000, around AED 1,324 per sqft, and rent for AED 62,000 to 110,000 a year. R1104's AED 50,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Feb 20261,200,000
2 Jan 20261,062,040
23 Dec 20251,075,000
2 Jul 20251,000,000
7 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. 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%
Ontario Tower, Business Bay: prices, sales and rents →

Other units on the 11th floor

All 175 units in Ontario Tower
Value
R1101AED 700K · Nov 2025
R11022-bedAED 1.2M · Jul 2017
R1103AED 860K · Dec 2024
R11051-bedAED 1.01M · Aug 2016
R11061-bedAED 975K · Apr 2011
R11072-bedAED 1.23M · Mar 2017

R1104, Ontario Tower in numbers

  • Sold 3 times: first on 24 February 2013 for AED 880,308, last on 2 March 2023 for AED 675,000 (AED 841 per sqft).
  • Rented since May 2013 on 6 Ejari contracts. The rent fell from AED 65,000 to AED 40,000 in 2020 and recovered to AED 50,000 by November 2021.
  • At AED 50,000 a year the gross yield on the 2023 price is 7.4%, before a service charge of about AED 14,300 a year (AED 17.81 per sqft).
  • One-beds in Ontario Tower sold for AED 939,796–1,200,000 in the 12 months to November 2026; the building's median across all types is AED 1,332 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 2 March 2023.

Questions about R1104, Ontario Tower

What did unit R1104 last sell for?

AED 675,000 on 2 March 2023: AED 841 per sqft for 802 sqft. The unit has 3 registered sales; the first was AED 880,308 in February 2013.

What is the rent for unit R1104?

AED 50,000 a year on the contract signed on 29 November 2021. The previous contract, from October 2020, was AED 40,000; the unit has been rented since May 2013.

How big is unit R1104?

802 sqft (74.5 sqm): a one-bedroom apartment on the 11th floor of a 25-storey tower completed in 2010.

What is unit R1104 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 939,796 to 1,200,000 in the last 12 months, around AED 1,324 per sqft.

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Mortgage on R1104, Ontario Tower

Starts from the last sale price (AED 675K, 2 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 675,000
Deposit, UAE resident (20%)
AED 135,000
Deposit, non-resident (40%)
AED 270,000
Monthly over 25 years at 3.7%
AED 2,762

Plus AED 33,360 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →