Studio · 402 sqftOntario Tower, Business Bay · 20th floor · completed 2010

R2001, Ontario Tower

Sold prices and rental history: sold twice, last in July 2020, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit R2001 · DLD and Ejari recordsUpdated 30 September 2026
Last soldAED 390K19 July 2020
Current rentAED 59K /yr30 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for R2001, Ontario Tower

What is R2001 worth today?

Last sold for AED 390,000 in 2020

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30 Sep 2026RentedNew contract
AED 59,362/yr6 months · AED 148 per sqft
5 Oct 2025RentedRenewal
AED 54,600/yr12 months · AED 137 per sqft
5 Oct 2025RentedRenewal
AED 58,750/yr12 months · AED 148 per sqft
5 Oct 2024RentedNew contract
AED 60,000/yr12 months · AED 151 per sqft
10 Apr 2023RentedNew contract
AED 60,000/yr12 months · AED 151 per sqft
2 Oct 2022RentedNew contract
AED 50,000/yr12 months · AED 126 per sqft
19 Sep 2021RentedNew contract
AED 50,000/yr12 months · AED 126 per sqft
15 Aug 2020RentedNew contract
AED 38,000/yr12 months · AED 95 per sqft

Source: Dubai Land Department. Updated 30 September 2026.

Key facts

Type
Studio apartment
Size
402 sqft
Floor
20th of 25
Parking
B1-142
Developer
Rose Homes Investment
Completed
2010
Service charge
AED 7,200 /yr
Last sold
AED 390K · July 2020

About R2001, Ontario Tower

R2001 is a studio of 402 sqft on the 20th floor of Ontario Tower, a 25-storey tower in Business Bay completed in 2010 by Rose Homes Investment. It last sold on 19 July 2020 for AED 390,000, or AED 970 per sqft.

It has been rented continuously since 2014 on 13 Ejari contracts. The current contract, signed on 30 September 2026, is AED 59,362 a year: a gross yield of 15.2% on the 2020 price, before the service charge of about AED 7,200 a year.

Sales and rents for R2001 over time

Sales
Unit R2001, each saleTypical studio in Ontario Tower
400K500K20092013201720212025Typical 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, April 2011: AED 557,037 (AED 1,385 per sqft)Sold, July 2020: AED 390,000 (AED 970 per sqft)

R2001 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit R2001, 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, April 2014: AED 50,000 a yearNew contract, May 2015: AED 59,783 a yearNew contract, November 2015: AED 65,000 a yearRenewal, November 2016: AED 65,000 a yearRenewal, November 2017: AED 65,000 a yearNew contract, August 2020: AED 38,000 a yearNew contract, September 2021: AED 50,000 a yearNew contract, October 2022: AED 50,000 a yearNew contract, April 2023: AED 60,000 a yearNew contract, October 2024: AED 60,000 a yearRenewal, October 2025: AED 54,600 a yearRenewal, October 2025: AED 58,750 a yearNew contract, September 2026: AED 59,362 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 R2001 sits

All 24 studios →

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. R2001's AED 59,362 is in the lower half 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 20th floor

All 175 units in Ontario Tower
Value
R20022-bedAED 850K · Nov 2019
R20031-bedAED 900K · Sep 2024
R20041-bedAED 1.01M · Jun 2026
R20051-bedAED 765K · Mar 2023
R20061-bedAED 800K · Sep 2024
R20072-bedAED 1.52M · Feb 2026

R2001, Ontario Tower in numbers

  • Sold twice: first on 26 April 2011 for AED 557,037, last on 19 July 2020 for AED 390,000 (AED 970 per sqft).
  • Rented since April 2014 on 13 Ejari contracts. The rent fell from AED 50,000 to AED 38,000 in 2020 and recovered to AED 59,362 by September 2026.
  • At AED 59,362 a year the gross yield on the 2020 price is 15.2%, 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 30 September 2026.

Questions about R2001, Ontario Tower

What did unit R2001 last sell for?

AED 390,000 on 19 July 2020: AED 970 per sqft for 402 sqft. The unit has 2 registered sales; the first was AED 557,037 in April 2011.

What is the rent for unit R2001?

AED 59,362 a year on the contract signed on 30 September 2026. The previous contract, from October 2025, was AED 54,600; the unit has been rented since April 2014.

How big is unit R2001?

402 sqft (37.3 sqm): a studio on the 20th floor of a 25-storey tower completed in 2010.

What is unit R2001 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 R2001, Ontario Tower

Starts from the last sale price (AED 390K, 19 July 2020). Switch to today's estimate once you have unlocked it.
Price
AED 390,000
Deposit, UAE resident (20%)
AED 78,000
Deposit, non-resident (40%)
AED 156,000
Monthly over 25 years at 3.7%
AED 1,596

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