Unit R503, Ontario Tower: what it sold for and what it is worth now

Unit R503 at Ontario Tower is a 2 bed of 803 sq ft. It last sold for AED 710,000 on 23 Jan 2023. 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 710,00023 Jan 2023 · Resale
Change since last sale+26.1%Building trend alone: AED 1,031,977
Rent (median asking, 2 bed)AED 112,500Gross yield 12.6%
Bedrooms2 bed
Size803 sq ft
Floor5 (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 unit1

Every registered sale of unit R503

DatePriceSizeAED/sq ftType
23 Jan 2023AED 710,000803 sq ft884Resale

Units ending 03 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
R16037 Oct 2026AED 895,370803 sq ft1,115Resale
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

Latest 2 bed sales in Ontario Tower

UnitDatePriceSizeAED/sq ftType
R4021 Oct 2026AED 1,100,000982 sq ft1,120Resale
R10718 Sep 2026AED 1,258,372982 sq ft1,281Resale
R20218 Sep 2026AED 1,200,000982 sq ft1,222Resale
R30718 Sep 2026AED 1,184,000982 sq ft1,206Resale
R4073 Sep 2026AED 1,100,000982 sq ft1,120Resale
R220717 Aug 2026AED 1,203,972982 sq ft1,226Resale
R140220 Feb 2026AED 1,506,299982 sq ft1,534Resale
R180219 Feb 2026AED 1,250,000982 sq ft1,273Resale

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 1,031,977. 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 R503 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 R503 last sell?

23 Jan 2023, for AED 710,000 (resale). It has 1 registered sale.

What rent can unit R503 make?

A 2 bed in Ontario Tower rents for about AED 112,500 a year (median asking rent). That is a gross yield of 12.6% on the estimate.

Sales alert for Ontario TowerAll sales in Ontario Tower

Unit R502 · Unit R504