1-bed · 791 sqftOntario Tower, Business Bay · 13th floor · completed 2010

R1306, Ontario Tower

Sold prices and rental history: sold 5 times, last in September 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit R1306 · DLD and Ejari recordsUpdated 14 March 2025
Last soldAED 925K9 September 2024
Current rentAED 90K /yr14 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for R1306, Ontario Tower

What is R1306 worth today?

Last sold for AED 925,000 in 2024

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14 Mar 2025RentedNew contract
AED 90,000/yr12 months · AED 114 per sqft
4 Nov 2024RentedNew contract
AED 80,000/yr12 months · AED 101 per sqft
9 Sep 2024SoldReady
AED 925,000AED 1,169 per sqft
21 Nov 2023SoldReady
AED 750,736AED 949 per sqft
1 Jan 2018RentedNew contract
AED 60,000/yr12 months · AED 76 per sqft
1 Oct 2016RentedRenewal
AED 71,280/yr12 months · AED 91 per sqft
1 Oct 2015RentedNew contract
AED 64,800/yr12 months · AED 82 per sqft
1 Oct 2013RentedRenewal
AED 49,500/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 14 March 2025.

Key facts

Type
1-bed apartment
Size
791 sqft
Floor
13th of 25
Parking
B1-89
Developer
Rose Homes Investment
Completed
2010
Service charge
AED 14,100 /yr
Last sold
AED 925K · September 2024

About R1306, Ontario Tower

R1306 is a one-bedroom apartment of 791 sqft on the 13th floor of Ontario Tower, a 25-storey tower in Business Bay completed in 2010 by Rose Homes Investment. It last sold on 9 September 2024 for AED 925,000, or AED 1,169 per sqft, 14% above the AED 1,026 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 14 March 2025, is AED 90,000 a year: a gross yield of 9.7% on the 2024 price, before the service charge of about AED 14,100 a year.

Sales and rents for R1306 over time

Sales
Unit R1306, each saleTypical one-bed in Ontario Tower
500K1M1.5M2009201420192024Typical 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, August 2009: AED 877,149 (AED 1,108 per sqft)Sold, August 2011: AED 877,149 (AED 1,108 per sqft)Sold, September 2011: AED 1,562,500 (AED 1,975 per sqft)Sold, November 2023: AED 750,736 (AED 949 per sqft)Sold, September 2024: AED 925,000 (AED 1,169 per sqft)

R1306 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit R1306, 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, October 2012: AED 45,000 a yearRenewal, October 2013: AED 49,500 a yearNew contract, October 2015: AED 64,800 a yearRenewal, October 2016: AED 71,280 a yearNew contract, January 2018: AED 60,000 a yearNew contract, November 2024: AED 80,000 a yearNew contract, March 2025: AED 90,000 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 R1306 sits

All 89 1-beds →

R1306 last sold in September 2024 at AED 1,169 per sqft, 14% above what one-beds in Ontario Tower were fetching at the time (AED 1,026). 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. R1306's AED 90,000 is in the upper half 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 13th floor

All 175 units in Ontario Tower
Value
R1301StudioAED 440K · Aug 2012
R13022-bedAED 1.55M · May 2014
R13031-bedAED 669K · May 2022
R13041-bedAED 860K · Nov 2024
R13051-bedAED 628K · Jun 2022
R13072-bedAED 1.35M · Dec 2025

R1306, Ontario Tower in numbers

  • Sold 5 times: first on 9 August 2009 for AED 877,149, last on 9 September 2024 for AED 925,000 (AED 1,169 per sqft).
  • Rented since October 2012 on 7 Ejari contracts, from AED 45,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2024 price is 9.7%, before a service charge of about AED 14,100 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: Dubai Land Department. Updated 14 March 2025.

Questions about R1306, Ontario Tower

What did unit R1306 last sell for?

AED 925,000 on 9 September 2024: AED 1,169 per sqft for 791 sqft. The unit has 5 registered sales; the first was AED 877,149 in August 2009.

What is the rent for unit R1306?

AED 90,000 a year on the contract signed on 14 March 2025. The previous contract, from November 2024, was AED 80,000; the unit has been rented since October 2012.

How big is unit R1306?

791 sqft (73.5 sqm): a one-bedroom apartment on the 13th floor of a 25-storey tower completed in 2010.

What is unit R1306 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 R1306, Ontario Tower

Starts from the last sale price (AED 925K, 9 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 925,000
Deposit, UAE resident (20%)
AED 185,000
Deposit, non-resident (40%)
AED 370,000
Monthly over 25 years at 3.7%
AED 3,784

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