Unit R1603, Ontario Tower: what it sold for and what it is worth now

Unit R1603 at Ontario Tower is a 1 bed of 803 sq ft. It last sold for AED 895,370 on 7 Oct 2026. At AED 1,115 per sq ft, from 9 sales of units ending 03 (same position in the tower), it is worth about AED 895,000 today.

Value todayAED 895,000AED 840,000 to AED 1,000,000
Last saleAED 895,3707 Oct 2026 · Resale
Change since last sale-0.0%Building trend alone: AED 931,136
Rent (median asking, 1 bed)AED 75,000Gross yield 8.4%
Bedrooms1 bed
Size803 sq ft
Floor16 (from the unit number)
Position in the towerStack 03: units ending 03 share the same layout and view
BuildingOntario Tower by Rose Homes Investment, handed over 2010
Registered sales of this unit2

Every registered sale of unit R1603

DatePriceSizeAED/sq ftType
7 Oct 2026AED 895,370803 sq ft1,115Resale
14 Nov 2023AED 1,000,000803 sq ft1,245Resale

Units ending 03 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
R25033 Feb 2026AED 1,200,000803 sq ft1,494Resale
R18031 Oct 2025AED 1,000,000803 sq ft1,245Resale
R9032 Jul 2025AED 1,000,000803 sq ft1,245Resale
R1035 May 2025AED 840,000807 sq ft1,041Resale
R230328 Jan 2025AED 955,000803 sq ft1,189Resale
R110316 Dec 2024AED 860,000803 sq ft1,071Resale
R220311 Dec 2024AED 840,000803 sq ft1,046Resale
R20310 Dec 2024AED 815,000807 sq ft1,010Resale

Latest 1 bed sales in Ontario Tower

UnitDatePriceSizeAED/sq ftType
R10048 Sep 2026AED 800,000802 sq ft998Resale
R40418 Jul 2026AED 1,050,000802 sq ft1,309Resale
R200416 Jun 2026AED 1,012,692802 sq ft1,263Resale
R130512 Jun 2026AED 880,000802 sq ft1,097Resale
R20622 May 2026AED 1,047,228796 sq ft1,316Resale
R150612 May 2026AED 1,048,792791 sq ft1,326Resale
R25033 Feb 2026AED 1,200,000803 sq ft1,494Resale
R25052 Jan 2026AED 1,062,040802 sq ft1,324Resale

How we worked out the value

We took the 9 resale sales of units ending 03 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,115). We multiplied it by the size of this unit (803 sq ft). The range uses the middle half of those sales (AED 1,046 to AED 1,245 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 931,136. Floor, view, condition and upgrades can move the price either way. Sales data to 7 Oct 2026, from the Dubai Land Department register.

Questions

What is unit R1603 at Ontario Tower worth?

About AED 895,000 (range AED 840,000 to AED 1,000,000), based on AED 1,115 per sq ft from registered sales up to 7 Oct 2026.

When did unit R1603 last sell?

7 Oct 2026, for AED 895,370 (resale). It has 2 registered sales.

What rent can unit R1603 make?

A 1 bed in Ontario Tower rents for about AED 75,000 a year (median asking rent). That is a gross yield of 8.4% on the estimate.

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