2-bed · 982 sqftOntario Tower, Business Bay · 11th floor · completed 2010

R1102, Ontario Tower

Sold prices and rental history: sold twice, last in July 2017, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit R1102 · DLD and Ejari recordsUpdated 1 February 2025
Last soldAED 1.2M16 July 2017
Current rentAED 108K /yr1 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for R1102, Ontario Tower

What is R1102 worth today?

Last sold for AED 1,200,000 in 2017

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1 Feb 2025RentedNew contract
AED 108,000/yr12 months · AED 110 per sqft
1 Feb 2025RentedNew contract
AED 108,000/yr12 months · AED 110 per sqft
27 Feb 2020RentedNew contract
AED 80,000/yr12 months · AED 82 per sqft
14 Nov 2018RentedRenewal
AED 80,000/yr12 months · AED 82 per sqft
14 Nov 2017RentedNew contract
AED 85,000/yr12 months · AED 87 per sqft
16 Jul 2017SoldReady
AED 1,200,000AED 1,222 per sqft
15 Dec 2011Sold by developerReady
AED 1,117,000AED 1,137 per sqft

Source: Dubai Land Department. Updated 1 February 2025.

Key facts

Type
2-bed apartment
Size
982 sqft
Floor
11th of 25
Parking
B1-71
Developer
Rose Homes Investment
Completed
2010
Service charge
AED 17,500 /yr
Last sold
AED 1.2M · July 2017

About R1102, Ontario Tower

R1102 is a two-bedroom apartment of 982 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 16 July 2017 for AED 1,200,000, or AED 1,222 per sqft, in line with the AED 1,240 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 1 February 2025, is AED 108,000 a year: a gross yield of 9.0% on the 2017 price, before the service charge of about AED 17,500 a year.

Sales and rents for R1102 over time

Sales
Unit R1102, 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, December 2011: AED 1,117,000 (AED 1,137 per sqft)Sold, July 2017: AED 1,200,000 (AED 1,222 per sqft)

R1102 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit R1102, 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, November 2017: AED 85,000 a yearRenewal, November 2018: AED 80,000 a yearNew contract, February 2020: AED 80,000 a yearNew contract, February 2025: AED 108,000 a yearNew contract, February 2025: AED 108,000 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 R1102 sits

All 51 2-beds →

R1102 last sold in July 2017 at AED 1,222 per sqft, in line with what two-beds in Ontario Tower were fetching at the time (AED 1,240). 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. R1102's AED 108,000 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 11th floor

All 175 units in Ontario Tower
Value
R1101StudioAED 700K · Nov 2025
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

R1102, Ontario Tower in numbers

  • Sold twice: first on 15 December 2011 for AED 1,117,000, last on 16 July 2017 for AED 1,200,000 (AED 1,222 per sqft).
  • Rented since November 2017 on 5 Ejari contracts, from AED 85,000 to AED 108,000 a year.
  • At AED 108,000 a year the gross yield on the 2017 price is 9.0%, 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 1 February 2025.

Questions about R1102, Ontario Tower

What did unit R1102 last sell for?

AED 1,200,000 on 16 July 2017: AED 1,222 per sqft for 982 sqft. The unit has 2 registered sales; the first was AED 1,117,000 in December 2011.

What is the rent for unit R1102?

AED 108,000 a year on the contract signed on 1 February 2025. The previous contract, from February 2025, was AED 108,000; the unit has been rented since November 2017.

How big is unit R1102?

982 sqft (91.2 sqm): a two-bedroom apartment on the 11th floor of a 25-storey tower completed in 2010.

What is unit R1102 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 R1102, Ontario Tower

Starts from the last sale price (AED 1.2M, 16 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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