R1202, Ontario Tower
Sold prices and rental history: sold 3 times, last in December 2025, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for R1202, Ontario Tower
What is R1202 worth today?
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Source: Dubai Land Department. Updated 25 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 982 sqft
- Floor
- 12th of 25
- Parking
- B1-78
- Developer
- Rose Homes Investment
- Completed
- 2010
- Service charge
- AED 17,500 /yr
- Last sold
- AED 1.18M · December 2025
- Building
- Ontario Tower
About R1202, Ontario Tower
R1202 is a two-bedroom apartment of 982 sqft on the 12th floor of Ontario Tower, a 25-storey tower in Business Bay completed in 2010 by Rose Homes Investment. It last sold on 12 December 2025 for AED 1,180,000, or AED 1,201 per sqft, in line with the AED 1,232 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 25 January 2026, is AED 120,000 a year: a gross yield of 10.2% on the 2025 price, before the service charge of about AED 17,500 a year.
Sales and rents for R1202 over time
R1202 has sold 3 times; 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 R1202 sits
All 51 2-beds →R1202 last sold in December 2025 at AED 1,201 per sqft, in line with what two-beds in Ontario Tower were fetching at the time (AED 1,232). 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. R1202's AED 120,000 is in the upper 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 12th floor
All 175 units in Ontario Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| R1201 | Studio | 402 sqft | AED 460KAED 460,000 · Apr 2011April 2011 | 60,000 /yr | |
| R1203 | 1-bed | 803 sqft | AED 850KAED 850,000 · Sep 2024September 2024 | 80,000 /yr | |
| R1204 | 1-bed | 802 sqft | AED 1.03MAED 1,025,000 · Aug 2023August 2023 | 52,000 /yr | |
| R1205 | 1-bed | 802 sqft | AED 920KAED 920,000 · Jun 2025June 2025 | 45,000 /yr | |
| R1206 | 1-bed | 791 sqft | AED 850KAED 850,000 · Jun 2024June 2024 | 75,000 /yr | |
| R1207 | 2-bed | 982 sqft | AED 438KAED 437,500 · Aug 2012August 2012 | 100,000 /yr |
R1202, Ontario Tower in numbers
- Sold 3 times: first on 5 August 2009 for AED 1,117,000, last on 12 December 2025 for AED 1,180,000 (AED 1,201 per sqft).
- Rented since August 2015 on 7 Ejari contracts. The rent fell from AED 92,000 to AED 73,000 in 2018 and recovered to AED 120,000 by January 2026.
- At AED 120,000 a year the gross yield on the 2025 price is 10.2%, 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 25 January 2026.
Questions about R1202, Ontario Tower
What did unit R1202 last sell for?
AED 1,180,000 on 12 December 2025: AED 1,201 per sqft for 982 sqft. The unit has 3 registered sales; the first was AED 1,117,000 in August 2009.
What is the rent for unit R1202?
AED 120,000 a year on the contract signed on 25 January 2026. The previous contract, from January 2025, was AED 105,000; the unit has been rented since August 2015.
How big is unit R1202?
982 sqft (91.2 sqm): a two-bedroom apartment on the 12th floor of a 25-storey tower completed in 2010.
What is unit R1202 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 R1202, Ontario Tower
Starts from the last sale price (AED 1.18M, 12 December 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,180,000
- Deposit, UAE resident (20%)
- AED 236,000
- Deposit, non-resident (40%)
- AED 472,000
- Monthly over 25 years at 3.7%
- AED 4,828
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →