R1302, Ontario Tower
Sold prices and rental history: sold 4 times, last in May 2014, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for R1302, Ontario Tower
What is R1302 worth today?
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Source: Dubai Land Department. Updated 1 September 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 982 sqft
- Floor
- 13th of 25
- Parking
- B1-85
- Developer
- Rose Homes Investment
- Completed
- 2010
- Service charge
- AED 17,500 /yr
- Last sold
- AED 1.55M · May 2014
- Building
- Ontario Tower
About R1302, Ontario Tower
R1302 is a two-bedroom apartment of 982 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 21 May 2014 for AED 1,550,000, or AED 1,578 per sqft, 17% above the AED 1,350 two-beds in the building were fetching at the time.
It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 1 September 2025, is AED 115,000 a year: a gross yield of 7.4% on the 2014 price, before the service charge of about AED 17,500 a year.
Sales and rents for R1302 over time
R1302 has sold 4 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 R1302 sits
All 51 2-beds →R1302 last sold in May 2014 at AED 1,578 per sqft, 17% above what two-beds in Ontario Tower were fetching at the time (AED 1,350). 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. R1302's AED 115,000 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 13th floor
All 175 units in Ontario Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| R1301 | Studio | 402 sqft | AED 440KAED 440,000 · Aug 2012August 2012 | 66,150 /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 |
R1302, Ontario Tower in numbers
- Sold 4 times: first on 9 August 2009 for AED 1,117,057, last on 21 May 2014 for AED 1,550,000 (AED 1,578 per sqft).
- Rented since November 2013 on 3 Ejari contracts, from AED 65,214 to AED 115,000 a year.
- At AED 115,000 a year the gross yield on the 2014 price is 7.4%, 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 2025.
Questions about R1302, Ontario Tower
What did unit R1302 last sell for?
AED 1,550,000 on 21 May 2014: AED 1,578 per sqft for 982 sqft. The unit has 4 registered sales; the first was AED 1,117,057 in August 2009.
What is the rent for unit R1302?
AED 115,000 a year on the contract signed on 1 September 2025. The previous contract, from October 2015, was AED 105,000; the unit has been rented since November 2013.
How big is unit R1302?
982 sqft (91.2 sqm): a two-bedroom apartment on the 13th floor of a 25-storey tower completed in 2010.
What is unit R1302 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 R1302, Ontario Tower
Starts from the last sale price (AED 1.55M, 21 May 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,550,000
- Deposit, UAE resident (20%)
- AED 310,000
- Deposit, non-resident (40%)
- AED 620,000
- Monthly over 25 years at 3.7%
- AED 6,342
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →