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1-bed · 802 sqftOntario Tower, Business Bay · 8th floor · completed 2010

R804, Ontario Tower

Sold prices and rental history: sold 3 times, last in July 2019, and rented once, from November 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit R804 · DLD and Ejari recordsUpdated 30 July 2019
Last soldAED 607K30 July 2019
Current rentAED 62K /yr1 November 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for R804, Ontario Tower

What is R804 worth today?

Last sold for AED 606,514 in 2019

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30 Jul 2019SoldReady
AED 606,514AED 756 per sqft
1 Nov 2018RentedNew contract
AED 62,000/yr12 months · AED 77 per sqft
20 Sep 2011SoldReady
AED 1,565,000AED 1,951 per sqft
14 Sep 2011Sold by developerReady
AED 880,308AED 1,097 per sqft

Source: Dubai Land Department. Updated 30 July 2019.

Key facts

Type
1-bed apartment
Size
802 sqft
Floor
8th of 25
Parking
B1-53
Developer
Rose Homes Investment
Completed
2010
Service charge
AED 14,300 /yr
Last sold
AED 607K · July 2019
Building
Ontario Tower

About R804, Ontario Tower

R804 is a one-bedroom apartment of 802 sqft on the 8th floor of Ontario Tower, a 25-storey tower in Business Bay completed in 2010 by Rose Homes Investment. It last sold on 30 July 2019 for AED 606,514, or AED 756 per sqft, 6% below the AED 806 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 November 2018. The current contract, signed on 1 November 2018, is AED 62,000 a year: a gross yield of 10.2% on the 2019 price, before the service charge of about AED 14,300 a year.

Sales and rents for R804 over time

Sales
Unit R804, 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, 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, July 2019: AED 606,514 (AED 756 per sqft)

R804 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit R804, 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, November 2018: AED 62,000 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 R804 sits

All 89 1-beds →

R804 last sold in July 2019 at AED 756 per sqft, 6% below what one-beds in Ontario Tower were fetching at the time (AED 806). 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. R804's AED 62,000 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 8th floor

All 175 units in Ontario Tower
Value
R8011-bedAED 550K · Apr 2013
R8022-bedAED 1.07M · Sep 2013
R8031-bedAED 850K · Mar 2012
R805AED 1.1M · Aug 2025
R8061-bedAED 1M · Oct 2013
R8072-bedAED 1.07M · May 2011

R804, Ontario Tower in numbers

  • Sold 3 times: first on 14 September 2011 for AED 880,308, last on 30 July 2019 for AED 606,514 (AED 756 per sqft).
  • Rented since November 2018 on one Ejari contract, at AED 62,000 a year.
  • At AED 62,000 a year the gross yield on the 2019 price is 10.2%, 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: Dubai Land Department. Updated 30 July 2019.

Questions about R804, Ontario Tower

What did unit R804 last sell for?

AED 606,514 on 30 July 2019: AED 756 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 R804?

AED 62,000 a year on the contract signed on 1 November 2018.

How big is unit R804?

802 sqft (74.5 sqm): a one-bedroom apartment on the 8th floor of a 25-storey tower completed in 2010.

What is unit R804 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 R804, Ontario Tower

Starts from the last sale price (AED 607K, 30 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 606,514
Deposit, UAE resident (20%)
AED 121,303
Deposit, non-resident (40%)
AED 242,606
Monthly over 25 years at 3.7%
AED 2,481

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