R1301, Ontario Tower
Sold prices and rental history: sold twice, last in August 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for R1301, Ontario Tower
What is R1301 worth today?
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Source: Dubai Land Department. Updated 12 December 2025.
Key facts
- Type
- Studio apartment
- Size
- 402 sqft
- Floor
- 13th of 25
- Parking
- B1-84
- Developer
- Rose Homes Investment
- Completed
- 2010
- Service charge
- AED 7,200 /yr
- Last sold
- AED 440K · August 2012
- Building
- Ontario Tower
About R1301, Ontario Tower
R1301 is a studio of 402 sqft on the 13th floor of Ontario Tower, a 25-storey tower in Business Bay completed in 2010 by Rose Homes Investment. It last sold on 28 August 2012 for AED 440,000, or AED 1,094 per sqft, in line with the AED 1,084 studios in the building were fetching at the time.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 12 December 2025, is AED 66,150 a year: a gross yield of 15.0% on the 2012 price, before the service charge of about AED 7,200 a year.
Sales and rents for R1301 over time
R1301 has sold twice; the dashed line is the studio median of each year in the building.
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 R1301 sits
All 24 studios →R1301 last sold in August 2012 at AED 1,094 per sqft, in line with what studios in Ontario Tower were fetching at the time (AED 1,084). 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. R1301's AED 66,150 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Sep 202615 September 2026 | 402 sqft | 620,000 | 1,542 | ||
| 8 Jan 20268 January 2026 | 402 sqft | 740,000 | 1,840 | ||
| 4 Nov 20254 November 2025 | 402 sqft | 700,000 | 1,741 | ||
| 20 Oct 202520 October 2025 | 398 sqft | 640,000 | 1,607 |
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 13th floor
All 175 units in Ontario Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| R1302 | 2-bed | 982 sqft | AED 1.55MAED 1,550,000 · May 2014May 2014 | 115,000 /yr | |
| R1303 | 1-bed | 803 sqft | AED 669KAED 669,236 · May 2022May 2022 | 70,000 /yr | |
| R1304 | 1-bed | 802 sqft | AED 860KAED 860,000 · Nov 2024November 2024 | 78,000 /yr | |
| R1305 | 1-bed | 802 sqft | AED 880KAED 880,000 · Jun 2026June 2026 | 74,000 /yr | |
| R1306 | 1-bed | 791 sqft | AED 925KAED 925,000 · Sep 2024September 2024 | 97,000 /yr | |
| R1307 | 2-bed | 982 sqft | AED 1.35MAED 1,350,000 · Dec 2025December 2025 | 160,000 /yr |
R1301, Ontario Tower in numbers
- Sold twice: first on 14 August 2012 for AED 423,832, last on 28 August 2012 for AED 440,000 (AED 1,094 per sqft).
- Rented since November 2014 on 7 Ejari contracts. The rent fell from AED 65,000 to AED 50,000 in 2022 and recovered to AED 66,150 by December 2025.
- At AED 66,150 a year the gross yield on the 2012 price is 15.0%, 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 12 December 2025.
Questions about R1301, Ontario Tower
What did unit R1301 last sell for?
AED 440,000 on 28 August 2012: AED 1,094 per sqft for 402 sqft. The unit has 2 registered sales; the first was AED 423,832 in August 2012.
What is the rent for unit R1301?
AED 66,150 a year on the contract renewed on 12 December 2025. The previous contract, from December 2024, was AED 63,000; the unit has been rented since November 2014.
How big is unit R1301?
402 sqft (37.3 sqm): a studio on the 13th floor of a 25-storey tower completed in 2010.
What is unit R1301 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 R1301, Ontario Tower
Starts from the last sale price (AED 440K, 28 August 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 440,000
- Deposit, UAE resident (20%)
- AED 88,000
- Deposit, non-resident (40%)
- AED 176,000
- Monthly over 25 years at 3.7%
- AED 1,800
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →