Studio · 402 sqftOntario Tower, Business Bay · 19th floor · completed 2010

R1901, Ontario Tower

Sold prices and rental history: sold twice, last in August 2013, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit R1901 · DLD and Ejari recordsUpdated 25 September 2026
Last soldAED 590K25 August 2013
Current rentAED 45K /yr25 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for R1901, Ontario Tower

What is R1901 worth today?

Last sold for AED 590,000 in 2013

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25 Sep 2026RentedNew contract
AED 45,000/yr12 months · AED 112 per sqft
1 Sep 2026RentedRenewal
AED 48,500/yr12 months · AED 121 per sqft
1 Sep 2025RentedNew contract
AED 57,000/yr12 months · AED 142 per sqft
11 Jun 2025RentedRenewal
AED 46,000/yr12 months · AED 114 per sqft
11 Jun 2025RentedRenewal
AED 46,000/yr12 months · AED 114 per sqft
11 Jun 2024RentedRenewal
AED 46,000/yr12 months · AED 114 per sqft
11 Jun 2023RentedRenewal
AED 46,000/yr12 months · AED 114 per sqft
11 Dec 2022RentedRenewal
AED 44,000/yr6 months · AED 109 per sqft

Source: Dubai Land Department. Updated 25 September 2026.

Key facts

Type
Studio apartment
Size
402 sqft
Floor
19th of 25
Parking
B1-146
Developer
Rose Homes Investment
Completed
2010
Service charge
AED 7,200 /yr
Last sold
AED 590K · August 2013

About R1901, Ontario Tower

R1901 is a studio of 402 sqft on the 19th floor of Ontario Tower, a 25-storey tower in Business Bay completed in 2010 by Rose Homes Investment. It last sold on 25 August 2013 for AED 590,000, or AED 1,467 per sqft, 7% above the AED 1,377 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 13 Ejari contracts. The current contract, signed on 25 September 2026, is AED 45,000 a year: a gross yield of 7.6% on the 2013 price, before the service charge of about AED 7,200 a year.

Sales and rents for R1901 over time

Sales
Unit R1901, each saleTypical studio in Ontario Tower
500K600K20092013201720212025Typical sale price by year: 2009 AED 447,971; 2011 AED 460,000; 2012 AED 437,949; 2013 AED 557,037; 2016 AED 475,000; 2024 AED 500,000Sold by developer, January 2012: AED 441,195 (AED 1,097 per sqft)Sold, August 2013: AED 590,000 (AED 1,467 per sqft)

R1901 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit R1901, each contractTypical studio in Ontario Tower
40K60K2014201820222026Typical rent by year: 2014 AED 64,500; 2015 AED 65,000; 2016 AED 60,000; 2017 AED 57,500; 2018 AED 47,000; 2019 AED 40,000; 2020 AED 38,000; 2021 AED 32,000; 2022 AED 44,000; 2023 AED 47,250; 2024 AED 55,000; 2025 AED 55,500; 2026 AED 48,500New contract, June 2018: AED 48,000 a yearNew contract, July 2019: AED 40,000 a yearNew contract, August 2020: AED 40,000 a yearNew contract, June 2021: AED 34,000 a yearNew contract, June 2022: AED 44,000 a yearRenewal, December 2022: AED 44,000 a yearRenewal, June 2023: AED 46,000 a yearRenewal, June 2024: AED 46,000 a yearRenewal, June 2025: AED 46,000 a yearRenewal, June 2025: AED 46,000 a yearNew contract, September 2025: AED 57,000 a yearNew contract, September 2026: AED 45,000 a yearRenewal, September 2026: AED 48,500 a year

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 R1901 sits

All 24 studios →

R1901 last sold in August 2013 at AED 1,467 per sqft, 7% above what studios in Ontario Tower were fetching at the time (AED 1,377). 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. R1901's AED 45,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
15 Sep 2026620,000
8 Jan 2026740,000
4 Nov 2025700,000
20 Oct 2025640,000
2 studio 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 19th floor

All 175 units in Ontario Tower
Value
R19022-bedAED 1.07M · Nov 2014
R19031-bedAED 770K · Jul 2023
R19041-bedAED 860K · May 2024
R19051-bedAED 831K · Jun 2012
R19061-bedAED 828K · Aug 2009
R19072-bedAED 1.2M · Oct 2025

R1901, Ontario Tower in numbers

  • Sold twice: first on 18 January 2012 for AED 441,195, last on 25 August 2013 for AED 590,000 (AED 1,467 per sqft).
  • Rented since June 2018 on 13 Ejari contracts. The rent fell from AED 48,000 to AED 34,000 in 2021 and recovered to AED 45,000 by September 2026.
  • At AED 45,000 a year the gross yield on the 2013 price is 7.6%, 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 25 September 2026.

Questions about R1901, Ontario Tower

What did unit R1901 last sell for?

AED 590,000 on 25 August 2013: AED 1,467 per sqft for 402 sqft. The unit has 2 registered sales; the first was AED 441,195 in January 2012.

What is the rent for unit R1901?

AED 45,000 a year on the contract signed on 25 September 2026. The previous contract, from September 2026, was AED 48,500; the unit has been rented since June 2018.

How big is unit R1901?

402 sqft (37.3 sqm): a studio on the 19th floor of a 25-storey tower completed in 2010.

What is unit R1901 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 R1901, Ontario Tower

Starts from the last sale price (AED 590K, 25 August 2013). Switch to today's estimate once you have unlocked it.
Price
AED 590,000
Deposit, UAE resident (20%)
AED 118,000
Deposit, non-resident (40%)
AED 236,000
Monthly over 25 years at 3.7%
AED 2,414

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