Studio · 398 sqftOntario Tower, Business Bay · 2nd floor · completed 2010

R201, Ontario Tower

Sold prices and rental history: sold twice, last in October 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit R201 · DLD and Ejari recordsUpdated 20 October 2025
Last soldAED 640K20 October 2025
Current rentAED 55K /yr15 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for R201, Ontario Tower

What is R201 worth today?

Last sold for AED 640,000 in 2025

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20 Oct 2025SoldReady
AED 640,000AED 1,607 per sqft
15 Mar 2025RentedRenewal
AED 55,000/yr12 months · AED 138 per sqft
15 Mar 2024RentedNew contract
AED 55,000/yr12 months · AED 138 per sqft
1 Mar 2022RentedNew contract
AED 40,000/yr12 months · AED 100 per sqft
1 Mar 2021RentedNew contract
AED 32,000/yr12 months · AED 80 per sqft
10 Feb 2020RentedNew contract
AED 38,000/yr12 months · AED 95 per sqft
21 Jun 2011Sold by developerReady
AED 460,000AED 1,155 per sqft

Source: Dubai Land Department. Updated 20 October 2025.

Key facts

Type
Studio apartment
Size
398 sqft
Floor
2nd of 25
Parking
B1-08
Developer
Rose Homes Investment
Completed
2010
Service charge
AED 7,100 /yr
Last sold
AED 640K · October 2025

About R201, Ontario Tower

R201 is a studio of 398 sqft on the 2nd floor of Ontario Tower, a 25-storey tower in Business Bay completed in 2010 by Rose Homes Investment. It last sold on 20 October 2025 for AED 640,000, or AED 1,607 per sqft.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 15 March 2025, is AED 55,000 a year: a gross yield of 8.6% on the 2025 price, before the service charge of about AED 7,100 a year.

Sales and rents for R201 over time

Sales
Unit R201, each saleTypical studio in Ontario Tower
500K600K2009201420192024Typical 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, June 2011: AED 460,000 (AED 1,155 per sqft)Sold, October 2025: AED 640,000 (AED 1,607 per sqft)

R201 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit R201, 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, February 2020: AED 38,000 a yearNew contract, March 2021: AED 32,000 a yearNew contract, March 2022: AED 40,000 a yearNew contract, March 2024: AED 55,000 a yearRenewal, March 2025: AED 55,000 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 R201 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. R201's AED 55,000 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
15 May 2024635,000
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 2nd floor

All 175 units in Ontario Tower
Value
R2022-bedAED 1.2M · Sep 2026
R2031-bedAED 815K · Dec 2024
R2041-bedAED 800K · Oct 2024
R2051-bedAED 810K · Sep 2024
R2061-bedAED 1.05M · May 2026
R2072-bedAED 1.17M · Oct 2025

R201, Ontario Tower in numbers

  • Sold twice: first on 21 June 2011 for AED 460,000, last on 20 October 2025 for AED 640,000 (AED 1,607 per sqft).
  • Rented since February 2020 on 5 Ejari contracts. The rent fell from AED 38,000 to AED 32,000 in 2021 and recovered to AED 55,000 by March 2025.
  • At AED 55,000 a year the gross yield on the 2025 price is 8.6%, before a service charge of about AED 7,100 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 20 October 2025.

Questions about R201, Ontario Tower

What did unit R201 last sell for?

AED 640,000 on 20 October 2025: AED 1,607 per sqft for 398 sqft. The unit has 2 registered sales; the first was AED 460,000 in June 2011.

What is the rent for unit R201?

AED 55,000 a year on the contract renewed on 15 March 2025. The previous contract, from March 2024, was AED 55,000; the unit has been rented since February 2020.

How big is unit R201?

398 sqft (37.0 sqm): a studio on the 2nd floor of a 25-storey tower completed in 2010.

What is unit R201 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 R201, Ontario Tower

Starts from the last sale price (AED 640K, 20 October 2025). Switch to today's estimate once you have unlocked it.
Price
AED 640,000
Deposit, UAE resident (20%)
AED 128,000
Deposit, non-resident (40%)
AED 256,000
Monthly over 25 years at 3.7%
AED 2,618

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