2-bed · 982 sqftOntario Tower, Business Bay · 1st floor · completed 2010

R102, Ontario Tower

Sold prices and rental history: sold 3 times, last in November 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit R102 · DLD and Ejari recordsUpdated 15 November 2024
Last soldAED 1.29M15 November 2024
Current rentAED 74K /yr5 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for R102, Ontario Tower

What is R102 worth today?

Last sold for AED 1,290,000 in 2024

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15 Nov 2024SoldReady
AED 1,290,000AED 1,313 per sqft
5 Sep 2022RentedNew contract
AED 74,000/yr12 months · AED 76 per sqft
5 Aug 2022SoldReady
AED 860,000AED 875 per sqft
16 Jul 2020RentedNew contract
AED 55,000/yr12 months · AED 56 per sqft
2 May 2011Sold by developerReady
AED 1,293,435AED 1,317 per sqft

Source: Dubai Land Department. Updated 15 November 2024.

Key facts

Type
2-bed apartment
Size
982 sqft
Floor
1st of 25
Parking
B1-02
Developer
Rose Homes Investment
Completed
2010
Service charge
AED 17,500 /yr
Last sold
AED 1.29M · November 2024

About R102, Ontario Tower

R102 is a two-bedroom apartment of 982 sqft on the 1st floor of Ontario Tower, a 25-storey tower in Business Bay completed in 2010 by Rose Homes Investment. It last sold on 15 November 2024 for AED 1,290,000, or AED 1,313 per sqft, 8% above the AED 1,217 two-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 5 September 2022, is AED 74,000 a year: a gross yield of 5.7% on the 2024 price, before the service charge of about AED 17,500 a year.

Sales and rents for R102 over time

Sales
Unit R102, each saleTypical two-bed in Ontario Tower
1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,096,633; 2011 AED 1,117,000; 2012 AED 1,058,265; 2013 AED 1,200,000; 2014 AED 1,450,000; 2016 AED 1,250,000; 2017 AED 1,200,000; 2019 AED 875,000; 2022 AED 860,000; 2023 AED 900,000; 2024 AED 1,290,000; 2025 AED 1,200,000; 2026 AED 1,226,986Sold by developer, May 2011: AED 1,293,435 (AED 1,317 per sqft)Sold, August 2022: AED 860,000 (AED 875 per sqft)Sold, November 2024: AED 1,290,000 (AED 1,313 per sqft)

R102 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit R102, each contractTypical two-bed in Ontario Tower
50K75K100K2013201720212025Typical rent by year: 2013 AED 75,000; 2014 AED 95,000; 2015 AED 105,000; 2016 AED 104,500; 2017 AED 95,000; 2018 AED 80,000; 2019 AED 70,000; 2020 AED 60,000; 2021 AED 53,000; 2022 AED 65,000; 2023 AED 90,000; 2024 AED 102,850; 2025 AED 104,500; 2026 AED 100,930New contract, July 2020: AED 55,000 a yearNew contract, September 2022: AED 74,000 a year

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 R102 sits

All 51 2-beds →

R102 last sold in November 2024 at AED 1,313 per sqft, 8% above what two-beds in Ontario Tower were fetching at the time (AED 1,217). 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. R102's AED 74,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
1 Oct 20261,100,000
18 Sep 20261,258,372
18 Sep 20261,200,000
18 Sep 20261,184,000
12 2-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. 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%
Ontario Tower, Business Bay: prices, sales and rents →

Other units on the 1st floor

All 175 units in Ontario Tower
Value
R101StudioAED 440K · Jul 2022
R1031-bedAED 840K · May 2025
R1041-bedAED 1.1M · Dec 2025
R1051-bedAED 800K · Oct 2024
R1061-bedAED 870K · Nov 2024
R1072-bedAED 1.26M · Sep 2026

R102, Ontario Tower in numbers

  • Sold 3 times: first on 2 May 2011 for AED 1,293,435, last on 15 November 2024 for AED 1,290,000 (AED 1,313 per sqft).
  • Rented since July 2020 on 2 Ejari contracts, from AED 55,000 to AED 74,000 a year.
  • At AED 74,000 a year the gross yield on the 2024 price is 5.7%, 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 15 November 2024.

Questions about R102, Ontario Tower

What did unit R102 last sell for?

AED 1,290,000 on 15 November 2024: AED 1,313 per sqft for 982 sqft. The unit has 3 registered sales; the first was AED 1,293,435 in May 2011.

What is the rent for unit R102?

AED 74,000 a year on the contract signed on 5 September 2022. The previous contract, from July 2020, was AED 55,000.

How big is unit R102?

982 sqft (91.2 sqm): a two-bedroom apartment on the 1st floor of a 25-storey tower completed in 2010.

What is unit R102 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 R102, Ontario Tower

Starts from the last sale price (AED 1.29M, 15 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,290,000
Deposit, UAE resident (20%)
AED 258,000
Deposit, non-resident (40%)
AED 516,000
Monthly over 25 years at 3.7%
AED 5,278

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