1-bed · 800 sqftOntario Tower, Business Bay · 2nd floor · completed 2010

R205, Ontario Tower

Sold prices and rental history: sold 3 times, last in September 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit R205 · DLD and Ejari recordsUpdated 21 October 2026
Last soldAED 810K3 September 2024
Current rentAED 100K /yr21 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for R205, Ontario Tower

What is R205 worth today?

Last sold for AED 810,000 in 2024

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21 Oct 2026RentedRenewal
AED 100,000/yr12 months · AED 125 per sqft
21 Oct 2025RentedRenewal
AED 100,000/yr12 months · AED 125 per sqft
21 Oct 2024RentedNew contract
AED 95,000/yr12 months · AED 119 per sqft
3 Sep 2024SoldReady
AED 810,000AED 1,012 per sqft
4 Mar 2024RentedRenewal
AED 68,250/yr12 months · AED 85 per sqft
4 Mar 2023RentedNew contract
AED 65,000/yr12 months · AED 81 per sqft
15 Dec 2020RentedNew contract
AED 45,000/yr12 months · AED 56 per sqft
30 Oct 2016RentedNew contract
AED 78,000/yr12 months · AED 98 per sqft

Source: Dubai Land Department. Updated 21 October 2026.

Key facts

Type
1-bed apartment
Size
800 sqft
Floor
2nd of 25
Parking
B1-12
Developer
Rose Homes Investment
Completed
2010
Service charge
AED 14,200 /yr
Last sold
AED 810K · September 2024

About R205, Ontario Tower

R205 is a one-bedroom apartment of 800 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 3 September 2024 for AED 810,000, or AED 1,012 per sqft, in line with the AED 1,022 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 21 October 2026, is AED 100,000 a year: a gross yield of 12.3% on the 2024 price, before the service charge of about AED 14,200 a year.

Sales and rents for R205 over time

Sales
Unit R205, each saleTypical one-bed in Ontario Tower
500K1M2009201420192024Typical sale price by year: 2009 AED 880,308; 2011 AED 925,879; 2012 AED 912,940; 2013 AED 1,120,801; 2014 AED 1,200,000; 2015 AED 990,550; 2016 AED 750,000; 2017 AED 952,500; 2018 AED 800,000; 2019 AED 580,757; 2022 AED 650,000; 2023 AED 765,000; 2024 AED 840,000; 2025 AED 941,563; 2026 AED 1,047,228Sold by developer, August 2009: AED 880,308 (AED 1,100 per sqft)Sold, April 2011: AED 880,308 (AED 1,100 per sqft)Sold, September 2024: AED 810,000 (AED 1,012 per sqft)

R205 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit R205, each contractTypical one-bed in Ontario Tower
50K100K2012201620202024Typical rent by year: 2012 AED 52,500; 2013 AED 60,000; 2014 AED 70,000; 2015 AED 79,350; 2016 AED 80,000; 2017 AED 75,000; 2018 AED 65,000; 2019 AED 58,835; 2020 AED 47,000; 2021 AED 42,000; 2022 AED 52,000; 2023 AED 62,920; 2024 AED 73,500; 2025 AED 74,500; 2026 AED 70,400New contract, October 2015: AED 80,000 a yearNew contract, October 2016: AED 78,000 a yearNew contract, December 2020: AED 45,000 a yearNew contract, March 2023: AED 65,000 a yearRenewal, March 2024: AED 68,250 a yearNew contract, October 2024: AED 95,000 a yearRenewal, October 2025: AED 100,000 a yearRenewal, October 2026: AED 100,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Ontario Tower, and where R205 sits

All 100 1-beds →

R205 last sold in September 2024 at AED 1,012 per sqft, in line with what one-beds in Ontario Tower were fetching at the time (AED 1,022). Over the last 12 months one-beds sold for AED 800,000 to 1,200,000, around AED 1,286 per sqft, and rent for AED 35,000 to 200,000 a year. R205's AED 100,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
7 Oct 2026895,370
8 Sep 2026800,000
18 Jul 20261,050,000
16 Jun 20261,012,692
14 1-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 2nd floor

All 175 units in Ontario Tower
Value
R201StudioAED 640K · Oct 2025
R2022-bedAED 1.2M · Sep 2026
R2031-bedAED 815K · Dec 2024
R2041-bedAED 800K · Oct 2024
R2061-bedAED 1.05M · May 2026
R2072-bedAED 1.17M · Oct 2025

R205, Ontario Tower in numbers

  • Sold 3 times: first on 8 August 2009 for AED 880,308, last on 3 September 2024 for AED 810,000 (AED 1,012 per sqft).
  • Rented since October 2015 on 8 Ejari contracts. The rent fell from AED 80,000 to AED 45,000 in 2020 and recovered to AED 100,000 by October 2026.
  • At AED 100,000 a year the gross yield on the 2024 price is 12.3%, before a service charge of about AED 14,200 a year (AED 17.81 per sqft).
  • One-beds in Ontario Tower sold for AED 800,000–1,200,000 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 21 October 2026.

Questions about R205, Ontario Tower

What did unit R205 last sell for?

AED 810,000 on 3 September 2024: AED 1,012 per sqft for 800 sqft. The unit has 3 registered sales; the first was AED 880,308 in August 2009.

What is the rent for unit R205?

AED 100,000 a year on the contract renewed on 21 October 2026. The previous contract, from October 2025, was AED 100,000; the unit has been rented since October 2015.

How big is unit R205?

800 sqft (74.3 sqm): a one-bedroom apartment on the 2nd floor of a 25-storey tower completed in 2010.

What is unit R205 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Ontario Tower sold for AED 800,000 to 1,200,000 in the last 12 months, around AED 1,286 per sqft.

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Mortgage on R205, Ontario Tower

Starts from the last sale price (AED 810K, 3 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 810,000
Deposit, UAE resident (20%)
AED 162,000
Deposit, non-resident (40%)
AED 324,000
Monthly over 25 years at 3.7%
AED 3,314

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