1-bed · 802 sqftOntario Tower, Business Bay · 19th floor · completed 2010

R1905, Ontario Tower

Sold prices and rental history: sold once, by the developer in June 2012, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit R1905 · DLD and Ejari recordsUpdated 27 February 2022
Last soldAED 831K3 June 2012
Current rentAED 70K /yr27 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for R1905, Ontario Tower

What is R1905 worth today?

Last sold for AED 831,402 in 2012

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27 Feb 2022RentedNew contract
AED 70,000/yr12 months · AED 87 per sqft
27 Feb 2018RentedNew contract
AED 70,000/yr12 months · AED 87 per sqft
1 Oct 2014RentedNew contract
AED 85,000/yr12 months · AED 105 per sqft
3 Jun 2012Sold by developerReady
AED 831,402AED 1,036 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 27 February 2022.

Key facts

Type
1-bed apartment
Size
802 sqft
Floor
19th of 25
Parking
B1-126
Developer
Rose Homes Investment
Completed
2010
Service charge
AED 14,300 /yr
Last sold
AED 831K · June 2012

About R1905, Ontario Tower

R1905 is a one-bedroom apartment of 802 sqft on the 19th floor of Ontario Tower, a 25-storey tower in Business Bay completed in 2010 by Rose Homes Investment. The developer sold it on 3 June 2012 for AED 831,402, or AED 1,036 per sqft, 17% below the AED 1,243 one-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 27 February 2022, is AED 70,000 a year: a gross yield of 8.4% on the 2012 price, before the service charge of about AED 14,300 a year.

Sales and rents for R1905 over time

Sales
Unit R1905, 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, June 2012: AED 831,402 (AED 1,036 per sqft)

R1905 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit R1905, each contractTypical one-bed in Ontario Tower
40K60K80K2012201620202024Typical 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 2014: AED 85,000 a yearNew contract, February 2018: AED 70,000 a yearNew contract, February 2022: 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 R1905 sits

All 89 1-beds →

R1905 last sold in June 2012 at AED 1,036 per sqft, 17% below what one-beds in Ontario Tower were fetching at the time (AED 1,243). 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. R1905's AED 70,000 is in the lower 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 19th floor

All 175 units in Ontario Tower
Value
R1901StudioAED 590K · Aug 2013
R19022-bedAED 1.07M · Nov 2014
R19031-bedAED 770K · Jul 2023
R19041-bedAED 860K · May 2024
R19061-bedAED 828K · Aug 2009
R1907AED 1.2M · Oct 2025

R1905, Ontario Tower in numbers

  • Sold once: by Rose Homes Investment on 3 June 2012 for AED 831,402, or AED 1,036 per sqft.
  • Rented since October 2014 on 3 Ejari contracts, from AED 85,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2012 price is 8.4%, 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 27 February 2022.

Questions about R1905, Ontario Tower

What did unit R1905 last sell for?

AED 831,402 on 3 June 2012, sold by the developer: AED 1,036 per sqft for 802 sqft. It is the only registered sale of the unit.

What is the rent for unit R1905?

AED 70,000 a year on the contract signed on 27 February 2022. The previous contract, from February 2018, was AED 70,000; the unit has been rented since October 2014.

How big is unit R1905?

802 sqft (74.5 sqm): a one-bedroom apartment on the 19th floor of a 25-storey tower completed in 2010.

What is unit R1905 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 R1905, Ontario Tower

Starts from the last sale price (AED 831K, 3 June 2012). Switch to today's estimate once you have unlocked it.
Price
AED 831,402
Deposit, UAE resident (20%)
AED 166,280
Deposit, non-resident (40%)
AED 332,561
Monthly over 25 years at 3.7%
AED 3,402

Plus AED 39,929 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →