R1002, Ontario Tower
Sold prices and rental history: sold 4 times, last in August 2025, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for R1002, Ontario Tower
What is R1002 worth today?
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Source: Dubai Land Department. Updated 24 September 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 982 sqft
- Floor
- 10th of 25
- Parking
- B1-64
- Developer
- Rose Homes Investment
- Completed
- 2010
- Service charge
- AED 17,500 /yr
- Last sold
- AED 1.18M · August 2025
- Building
- Ontario Tower
About R1002, Ontario Tower
R1002 is a two-bedroom apartment of 982 sqft on the 10th floor of Ontario Tower, a 25-storey tower in Business Bay completed in 2010 by Rose Homes Investment. It last sold on 29 August 2025 for AED 1,175,000, or AED 1,196 per sqft, in line with the AED 1,232 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 24 September 2025, is AED 125,000 a year: a gross yield of 10.6% on the 2025 price, before the service charge of about AED 17,500 a year.
Sales and rents for R1002 over time
R1002 has sold 4 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Ontario Tower, and where R1002 sits
All 51 2-beds →R1002 last sold in August 2025 at AED 1,196 per sqft, in line with what two-beds in Ontario Tower were fetching at the time (AED 1,232). Over the last 12 months two-beds sold for AED 1,100,000 to 1,519,924, around AED 1,249 per sqft, and rent for AED 60,000 to 162,000 a year. R1002's AED 125,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Oct 20261 October 2026 | 982 sqft | 1,100,000 | 1,120 | ||
| 18 Sep 202618 September 2026 | 982 sqft | 1,258,372 | 1,281 | ||
| 18 Sep 202618 September 2026 | 982 sqft | 1,200,000 | 1,222 | ||
| 18 Sep 202618 September 2026 | 982 sqft | 1,184,000 | 1,205 |
Ontario Tower
Building175 apartments, studios to 2-bed over 25 floors in Business Bay, completed in 2010 by Rose Homes Investment. 28 sold in the last 12 months.
- Typical price per sqft
- AED 1,277 Up 6.6%
- Typical sale
- AED 1.09M
- Typical rent
- AED 75K /yr
- Typical yield
- 8.1%
Other units on the 10th floor
All 175 units in Ontario Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| R1001 | Studio | 402 sqft | AED 424KAED 423,832 · May 2011May 2011 | ||
| R1003 | 1-bed | 803 sqft | AED 828KAED 828,418 · Dec 2012December 2012 | 75,000 /yr | |
| R1004 | 1-bed | 802 sqft | AED 800KAED 800,000 · Sep 2026September 2026 | 70,000 /yr | |
| R1005 | 1-bed | 802 sqft | AED 910KAED 910,000 · Dec 2024December 2024 | 72,201 /yr | |
| R1006 | 1-bed | 791 sqft | AED 975KAED 974,610 · Aug 2011August 2011 | 42,000 /yr | |
| R1007 | 2-bed | 982 sqft | AED 1.12MAED 1,117,058 · Oct 2011October 2011 | 85,000 /yr |
R1002, Ontario Tower in numbers
- Sold 4 times: first on 4 April 2011 for AED 1,100,000, last on 29 August 2025 for AED 1,175,000 (AED 1,196 per sqft).
- Rented since March 2017 on 6 Ejari contracts. The rent fell from AED 96,373 to AED 52,000 in 2021 and recovered to AED 125,000 by September 2025.
- At AED 125,000 a year the gross yield on the 2025 price is 10.6%, before a service charge of about AED 17,500 a year (AED 17.81 per sqft).
- Two-beds in Ontario Tower sold for AED 1,100,000–1,519,924 in the 12 months to November 2026; the building's median across all types is AED 1,277 per sqft.
Source: Dubai Land Department. Updated 24 September 2025.
Questions about R1002, Ontario Tower
What did unit R1002 last sell for?
AED 1,175,000 on 29 August 2025: AED 1,196 per sqft for 982 sqft. The unit has 4 registered sales; the first was AED 1,100,000 in April 2011.
What is the rent for unit R1002?
AED 125,000 a year on the contract signed on 24 September 2025. The previous contract, from February 2024, was AED 75,670; the unit has been rented since March 2017.
How big is unit R1002?
982 sqft (91.2 sqm): a two-bedroom apartment on the 10th floor of a 25-storey tower completed in 2010.
What is unit R1002 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Ontario Tower sold for AED 1,100,000 to 1,519,924 in the last 12 months, around AED 1,249 per sqft.
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Mortgage on R1002, Ontario Tower
Starts from the last sale price (AED 1.18M, 29 August 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,175,000
- Deposit, UAE resident (20%)
- AED 235,000
- Deposit, non-resident (40%)
- AED 470,000
- Monthly over 25 years at 3.7%
- AED 4,807
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →