2-bed · 982 sqftOntario Tower, Business Bay · 17th floor · completed 2010

R1702, Ontario Tower

Sold prices and rental history: sold 4 times, last in September 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit R1702 · DLD and Ejari recordsUpdated 25 September 2025
Last soldAED 1.32M25 September 2025
Current rentAED 96K /yr4 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for R1702, Ontario Tower

What is R1702 worth today?

Last sold for AED 1,320,000 in 2025

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25 Sep 2025SoldReady
AED 1,320,000AED 1,344 per sqft
7 Feb 2025SoldReady
AED 1,210,000AED 1,232 per sqft
4 Jul 2023RentedNew contract
AED 95,798/yr12 months · AED 98 per sqft
9 Dec 2022SoldReady
AED 850,000AED 865 per sqft
19 Jun 2022RentedRenewal
AED 55,000/yr12 months · AED 56 per sqft
19 Jun 2021RentedNew contract
AED 48,000/yr12 months · AED 49 per sqft
25 Jul 2014RentedNew contract
AED 110,000/yr12 months · AED 112 per sqft
15 Jul 2013RentedNew contract
AED 85,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 25 September 2025.

Key facts

Type
2-bed apartment
Size
982 sqft
Floor
17th of 25
Parking
B1-130
Developer
Rose Homes Investment
Completed
2010
Service charge
AED 17,500 /yr
Last sold
AED 1.32M · September 2025

About R1702, Ontario Tower

R1702 is a two-bedroom apartment of 982 sqft on the 17th floor of Ontario Tower, a 25-storey tower in Business Bay completed in 2010 by Rose Homes Investment. It last sold on 25 September 2025 for AED 1,320,000, or AED 1,344 per sqft, 9% above the AED 1,232 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 4 July 2023, is AED 95,798 a year: a gross yield of 7.3% on the 2025 price, before the service charge of about AED 17,500 a year.

Sales and rents for R1702 over time

Sales
Unit R1702, 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, July 2013: AED 1,200,000 (AED 1,222 per sqft)Sold, December 2022: AED 850,000 (AED 865 per sqft)Sold, February 2025: AED 1,210,000 (AED 1,232 per sqft)Sold, September 2025: AED 1,320,000 (AED 1,344 per sqft)

R1702 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit R1702, 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, July 2013: AED 85,000 a yearNew contract, July 2014: AED 110,000 a yearNew contract, June 2021: AED 48,000 a yearRenewal, June 2022: AED 55,000 a yearNew contract, July 2023: AED 95,798 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 R1702 sits

All 51 2-beds →

R1702 last sold in September 2025 at AED 1,344 per sqft, 9% above 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. R1702's AED 95,798 is in the lower 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 17th floor

All 175 units in Ontario Tower
Value
R1701StudioAED 550K · Jul 2013
R17031-bedAED 650K · Dec 2022
R17041-bedAED 650K · Dec 2022
R17051-bedAED 1.05M · Jan 2014
R17061-bedAED 1.1M · Jul 2013
R17072-bedAED 882K · Jul 2013

R1702, Ontario Tower in numbers

  • Sold 4 times: first on 9 July 2013 for AED 1,200,000, last on 25 September 2025 for AED 1,320,000 (AED 1,344 per sqft).
  • Rented since July 2013 on 5 Ejari contracts. The rent fell from AED 85,000 to AED 48,000 in 2021 and recovered to AED 95,798 by July 2023.
  • At AED 95,798 a year the gross yield on the 2025 price is 7.3%, 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 September 2025.

Questions about R1702, Ontario Tower

What did unit R1702 last sell for?

AED 1,320,000 on 25 September 2025: AED 1,344 per sqft for 982 sqft. The unit has 4 registered sales; the first was AED 1,200,000 in July 2013.

What is the rent for unit R1702?

AED 95,798 a year on the contract signed on 4 July 2023. The previous contract, from June 2022, was AED 55,000; the unit has been rented since July 2013.

How big is unit R1702?

982 sqft (91.2 sqm): a two-bedroom apartment on the 17th floor of a 25-storey tower completed in 2010.

What is unit R1702 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 R1702, Ontario Tower

Starts from the last sale price (AED 1.32M, 25 September 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,320,000
Deposit, UAE resident (20%)
AED 264,000
Deposit, non-resident (40%)
AED 528,000
Monthly over 25 years at 3.7%
AED 5,401

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