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

R1107, Ontario Tower

Sold prices and rental history: sold once, by the developer in March 2017, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit R1107 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 1.23M29 March 2017
Current rentAED 120K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for R1107, Ontario Tower

What is R1107 worth today?

Last sold for AED 1,225,000 in 2017

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1 Sep 2026RentedNew contract
AED 120,000/yr12 months · AED 122 per sqft
1 Apr 2026RentedNew contract
AED 120,000/yr12 months · AED 122 per sqft
20 Sep 2025RentedNew contract
AED 125,000/yr12 months · AED 127 per sqft
1 Feb 2024RentedNew contract
AED 100,000/yr12 months · AED 102 per sqft
8 Nov 2017RentedNew contract
AED 100,000/yr12 months · AED 102 per sqft
29 Mar 2017Sold by developerReady
AED 1,225,000AED 1,247 per sqft
28 Aug 2015RentedRenewal
AED 112,530/yr12 months · AED 115 per sqft
28 Aug 2014RentedNew contract
AED 102,300/yr12 months · AED 104 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
2-bed apartment
Size
982 sqft
Floor
11th of 25
Parking
B1-76
Developer
Rose Homes Investment
Completed
2010
Service charge
AED 17,500 /yr
Last sold
AED 1.23M · March 2017

About R1107, Ontario Tower

R1107 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. The developer sold it on 29 March 2017 for AED 1,225,000, or AED 1,247 per sqft, in line with the AED 1,247 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 1 September 2026, is AED 120,000 a year: a gross yield of 9.8% on the 2017 price, before the service charge of about AED 17,500 a year.

Sales and rents for R1107 over time

Sales
Unit R1107, 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, March 2017: AED 1,225,000 (AED 1,247 per sqft)

R1107 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit R1107, each contractTypical two-bed in Ontario Tower
50K100K2013201720212025Typical 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, August 2014: AED 102,300 a yearRenewal, August 2015: AED 112,530 a yearNew contract, November 2017: AED 100,000 a yearNew contract, February 2024: AED 100,000 a yearNew contract, September 2025: AED 125,000 a yearNew contract, April 2026: AED 120,000 a yearNew contract, September 2026: AED 120,000 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 R1107 sits

All 51 2-beds →

R1107 last sold in March 2017 at AED 1,247 per sqft, in line with what two-beds in Ontario Tower were fetching at the time (AED 1,247). 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. R1107's AED 120,000 is in the upper 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
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

R1107, Ontario Tower in numbers

  • Sold once: by Rose Homes Investment on 29 March 2017 for AED 1,225,000, or AED 1,247 per sqft.
  • Rented since August 2014 on 7 Ejari contracts, from AED 102,300 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2017 price is 9.8%, 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 September 2026.

Questions about R1107, Ontario Tower

What did unit R1107 last sell for?

AED 1,225,000 on 29 March 2017, sold by the developer: AED 1,247 per sqft for 982 sqft. It is the only registered sale of the unit.

What is the rent for unit R1107?

AED 120,000 a year on the contract signed on 1 September 2026. The previous contract, from April 2026, was AED 120,000; the unit has been rented since August 2014.

How big is unit R1107?

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

What is unit R1107 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 R1107, Ontario Tower

Starts from the last sale price (AED 1.23M, 29 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,225,000
Deposit, UAE resident (20%)
AED 245,000
Deposit, non-resident (40%)
AED 490,000
Monthly over 25 years at 3.7%
AED 5,012

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