R1007, Ontario Tower
Sold prices and rental history: sold twice, last in October 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for R1007, Ontario Tower
What is R1007 worth today?
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Source: Dubai Land Department. Updated 10 September 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 982 sqft
- Floor
- 10th of 25
- Parking
- B1-69
- Developer
- Rose Homes Investment
- Completed
- 2010
- Service charge
- AED 17,500 /yr
- Last sold
- AED 1.12M · October 2011
- Building
- Ontario Tower
About R1007, Ontario Tower
R1007 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 6 October 2011 for AED 1,117,058, or AED 1,137 per sqft, in line with the AED 1,137 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 10 September 2026, is AED 85,000 a year: a gross yield of 7.6% on the 2011 price, before the service charge of about AED 17,500 a year.
Sales and rents for R1007 over time
R1007 has sold twice; 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 R1007 sits
All 51 2-beds →R1007 last sold in October 2011 at AED 1,137 per sqft, in line with what two-beds in Ontario Tower were fetching at the time (AED 1,137). 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. R1007's AED 85,000 is in the lower 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 | ||
| R1002 | 2-bed | 982 sqft | AED 1.18MAED 1,175,000 · Aug 2025August 2025 | 125,000 /yr | |
| 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, Ontario Tower in numbers
- Sold twice: first on 11 August 2009 for AED 1,117,058, last on 6 October 2011 for AED 1,117,058 (AED 1,137 per sqft).
- Rented since January 2014 on 11 Ejari contracts. The rent fell from AED 75,000 to AED 60,000 in 2021 and recovered to AED 85,000 by September 2026.
- At AED 85,000 a year the gross yield on the 2011 price is 7.6%, 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 10 September 2026.
Questions about R1007, Ontario Tower
What did unit R1007 last sell for?
AED 1,117,058 on 6 October 2011: AED 1,137 per sqft for 982 sqft. The unit has 2 registered sales; the first was AED 1,117,058 in August 2009.
What is the rent for unit R1007?
AED 85,000 a year on the contract renewed on 10 September 2026. The previous contract, from September 2025, was AED 85,000; the unit has been rented since January 2014.
How big is unit R1007?
982 sqft (91.2 sqm): a two-bedroom apartment on the 10th floor of a 25-storey tower completed in 2010.
What is unit R1007 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 R1007, Ontario Tower
Starts from the last sale price (AED 1.12M, 6 October 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,117,058
- Deposit, UAE resident (20%)
- AED 223,412
- Deposit, non-resident (40%)
- AED 446,823
- Monthly over 25 years at 3.7%
- AED 4,570
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →