R1507, Ontario Tower
Sold prices and rental history: sold twice, last in April 2018, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for R1507, Ontario Tower
What is R1507 worth today?
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Source: Dubai Land Department. Updated 15 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 982 sqft
- Floor
- 15th of 25
- Parking
- B1-114
- Developer
- Rose Homes Investment
- Completed
- 2010
- Service charge
- AED 17,500 /yr
- Last sold
- AED 1.2M · April 2018
- Building
- Ontario Tower
About R1507, Ontario Tower
R1507 is a two-bedroom apartment of 982 sqft on the 15th floor of Ontario Tower, a 25-storey tower in Business Bay completed in 2010 by Rose Homes Investment. It last sold on 8 April 2018 for AED 1,200,000, or AED 1,222 per sqft, in line with the AED 1,222 two-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 15 March 2025, is AED 130,000 a year: a gross yield of 10.8% on the 2018 price, before the service charge of about AED 17,500 a year.
Sales and rents for R1507 over time
R1507 has sold twice; 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 R1507 sits
All 51 2-beds →R1507 last sold in April 2018 at AED 1,222 per sqft, in line with what two-beds in Ontario Tower were fetching at the time (AED 1,222). 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. R1507's AED 130,000 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 15th floor
All 175 units in Ontario Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| R1501 | Studio | 402 sqft | AED 550KAED 550,000 · Apr 2016April 2016 | 53,000 /yr | |
| R1502 | 2-bed | 982 sqft | AED 1.7MAED 1,700,000 · Aug 2014August 2014 | 108,000 /yr | |
| R1503 | 1-bed | 803 sqft | AED 1.05MAED 1,050,000 · Jan 2014January 2014 | 66,150 /yr | |
| R1504 | 1-bed | 802 sqft | AED 1.12MAED 1,124,906 · Apr 2011April 2011 | 75,000 /yr | |
| R1505 | 1-bed | 802 sqft | AED 1.1MAED 1,100,000 · Feb 2015February 2015 | 60,500 /yr | |
| R1506 | 1-bed | 791 sqft | AED 1.05MAED 1,048,792 · May 2026May 2026 | 70,000 /yr |
R1507, Ontario Tower in numbers
- Sold twice: first on 6 October 2011 for AED 1,117,058, last on 8 April 2018 for AED 1,200,000 (AED 1,222 per sqft).
- Rented since October 2022 on 3 Ejari contracts, from AED 84,000 to AED 130,000 a year.
- At AED 130,000 a year the gross yield on the 2018 price is 10.8%, 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 15 March 2025.
Questions about R1507, Ontario Tower
What did unit R1507 last sell for?
AED 1,200,000 on 8 April 2018: AED 1,222 per sqft for 982 sqft. The unit has 2 registered sales; the first was AED 1,117,058 in October 2011.
What is the rent for unit R1507?
AED 130,000 a year on the contract signed on 15 March 2025. The previous contract, from March 2025, was AED 130,000; the unit has been rented since October 2022.
How big is unit R1507?
982 sqft (91.2 sqm): a two-bedroom apartment on the 15th floor of a 25-storey tower completed in 2010.
What is unit R1507 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 R1507, Ontario Tower
Starts from the last sale price (AED 1.2M, 8 April 2018). 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 →