Studio · 402 sqftOntario Tower, Business Bay · 11th floor · completed 2010

R1101, Ontario Tower

Sold prices and rental history: sold 3 times, last in November 2025, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit R1101 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 700K4 November 2025
Current rentAED 60K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for R1101, Ontario Tower

What is R1101 worth today?

Last sold for AED 700,000 in 2025

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1 Oct 2026RentedNew contract
AED 60,000/yr12 months · AED 149 per sqft
1 Dec 2025RentedNew contract
AED 78,000/yr6 months · AED 194 per sqft
4 Nov 2025SoldReady
AED 700,000AED 1,741 per sqft
17 Dec 2015RentedNew contract
AED 63,000/yr12 months · AED 158 per sqft
9 May 2011SoldReady
AED 460,000AED 1,144 per sqft
5 Aug 2009Sold by developerOff-plan
AED 460,000AED 1,144 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
Studio apartment
Size
402 sqft
Floor
11th of 25
Parking
B1-70
Developer
Rose Homes Investment
Completed
2010
Service charge
AED 7,200 /yr
Last sold
AED 700K · November 2025

About R1101, Ontario Tower

R1101 is a studio of 402 sqft on the 11th floor of Ontario Tower, a 25-storey tower in Business Bay completed in 2010 by Rose Homes Investment. It last sold on 4 November 2025 for AED 700,000, or AED 1,741 per sqft.

It has been rented since 2015 on 3 Ejari contracts. The current contract, signed on 1 October 2026, is AED 60,000 a year: a gross yield of 8.6% on the 2025 price, before the service charge of about AED 7,200 a year.

Sales and rents for R1101 over time

Sales
Unit R1101, each saleTypical studio in Ontario Tower
400K600K2009201420192024Typical sale price by year: 2009 AED 447,971; 2011 AED 460,000; 2012 AED 437,949; 2013 AED 557,037; 2016 AED 475,000; 2024 AED 500,000Sold by developer, August 2009: AED 460,000 (AED 1,144 per sqft)Sold, May 2011: AED 460,000 (AED 1,144 per sqft)Sold, November 2025: AED 700,000 (AED 1,741 per sqft)

R1101 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit R1101, each contractTypical studio in Ontario Tower
25K50K75K2014201820222026Typical rent by year: 2014 AED 64,500; 2015 AED 65,000; 2016 AED 60,000; 2017 AED 57,500; 2018 AED 47,000; 2019 AED 40,000; 2020 AED 38,000; 2021 AED 32,000; 2022 AED 44,000; 2023 AED 47,250; 2024 AED 55,000; 2025 AED 55,500; 2026 AED 48,500New contract, December 2015: AED 63,000 a yearNew contract, December 2025: AED 78,000 a yearNew contract, October 2026: AED 60,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Ontario Tower, and where R1101 sits

All 24 studios →

Over the last 12 months studios sold for AED 620,000 to 740,000, around AED 1,691 per sqft, and rent for AED 45,000 to 78,000 a year. R1101's AED 60,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
15 Sep 2026620,000
8 Jan 2026740,000
20 Oct 2025640,000
15 May 2024635,000
2 studio 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 11th floor

All 175 units in Ontario Tower
Value
R11022-bedAED 1.2M · Jul 2017
R11031-bedAED 860K · Dec 2024
R11041-bedAED 675K · Mar 2023
R11051-bedAED 1.01M · Aug 2016
R11061-bedAED 975K · Apr 2011
R11072-bedAED 1.23M · Mar 2017

R1101, Ontario Tower in numbers

  • Sold 3 times: first on 5 August 2009 for AED 460,000, last on 4 November 2025 for AED 700,000 (AED 1,741 per sqft).
  • Rented since December 2015 on 3 Ejari contracts, from AED 63,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2025 price is 8.6%, before a service charge of about AED 7,200 a year (AED 17.81 per sqft).
  • Studios in Ontario Tower sold for AED 620,000–740,000 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 1 October 2026.

Questions about R1101, Ontario Tower

What did unit R1101 last sell for?

AED 700,000 on 4 November 2025: AED 1,741 per sqft for 402 sqft. The unit has 3 registered sales; the first was AED 460,000 in August 2009.

What is the rent for unit R1101?

AED 60,000 a year on the contract signed on 1 October 2026. The previous contract, from December 2025, was AED 78,000; the unit has been rented since December 2015.

How big is unit R1101?

402 sqft (37.3 sqm): a studio on the 11th floor of a 25-storey tower completed in 2010.

What is unit R1101 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Ontario Tower sold for AED 620,000 to 740,000 in the last 12 months, around AED 1,691 per sqft.

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Mortgage on R1101, Ontario Tower

Starts from the last sale price (AED 700K, 4 November 2025). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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