1-bed · 796 sqftOntario Tower, Business Bay · 2nd floor · completed 2010

R206, Ontario Tower

Sold prices and rental history: sold 4 times, last in May 2026, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit R206 · DLD and Ejari recordsUpdated 22 May 2026
Last soldAED 1.05M22 May 2026
Current rentAED 90K /yr10 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for R206, Ontario Tower

What is R206 worth today?

Last sold for AED 1,047,228 in 2026

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22 May 2026SoldReady
AED 1,047,228AED 1,315 per sqft
10 Aug 2025RentedNew contract
AED 90,000/yr12 months · AED 115 per sqft
15 Dec 2024RentedNew contract
AED 85,000/yr12 months · AED 107 per sqft
16 Jul 2024SoldReady
AED 820,000AED 1,030 per sqft
1 Feb 2024RentedRenewal
AED 59,400/yr12 months · AED 75 per sqft
1 Feb 2023RentedRenewal
AED 54,000/yr12 months · AED 68 per sqft
1 Feb 2022RentedRenewal
AED 47,000/yr12 months · AED 59 per sqft
1 Feb 2021RentedNew contract
AED 43,000/yr12 months · AED 54 per sqft

Source: Dubai Land Department. Updated 22 May 2026.

Key facts

Type
1-bed apartment
Size
796 sqft
Floor
2nd of 25
Parking
B1-13
Developer
Rose Homes Investment
Completed
2010
Service charge
AED 14,200 /yr
Last sold
AED 1.05M · May 2026

About R206, Ontario Tower

R206 is a one-bedroom apartment of 796 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 22 May 2026 for AED 1,047,228, or AED 1,315 per sqft, 7% above the AED 1,227 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 10 August 2025, is AED 90,000 a year: a gross yield of 8.6% on the 2026 price, before the service charge of about AED 14,200 a year.

Sales and rents for R206 over time

Sales
Unit R206, 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 877,149 (AED 1,101 per sqft)Sold, April 2011: AED 877,149 (AED 1,101 per sqft)Sold, July 2024: AED 820,000 (AED 1,030 per sqft)Sold, May 2026: AED 1,047,228 (AED 1,315 per sqft)

R206 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit R206, each contractTypical one-bed in Ontario Tower
50K75K2012201620202024Typical 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, February 2018: AED 70,000 a yearNew contract, February 2021: AED 43,000 a yearRenewal, February 2022: AED 47,000 a yearRenewal, February 2023: AED 54,000 a yearRenewal, February 2024: AED 59,400 a yearNew contract, December 2024: AED 85,000 a yearNew contract, August 2025: AED 90,000 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 R206 sits

All 100 1-beds →

R206 last sold in May 2026 at AED 1,315 per sqft, 7% above what one-beds in Ontario Tower were fetching at the time (AED 1,227). 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. R206's AED 90,000 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
R2051-bedAED 810K · Sep 2024
R2072-bedAED 1.17M · Oct 2025

R206, Ontario Tower in numbers

  • Sold 4 times: first on 8 August 2009 for AED 877,149, last on 22 May 2026 for AED 1,047,228 (AED 1,315 per sqft).
  • Rented since February 2018 on 7 Ejari contracts. The rent fell from AED 70,000 to AED 43,000 in 2021 and recovered to AED 90,000 by August 2025.
  • At AED 90,000 a year the gross yield on the 2026 price is 8.6%, 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 22 May 2026.

Questions about R206, Ontario Tower

What did unit R206 last sell for?

AED 1,047,228 on 22 May 2026: AED 1,315 per sqft for 796 sqft. The unit has 4 registered sales; the first was AED 877,149 in August 2009.

What is the rent for unit R206?

AED 90,000 a year on the contract signed on 10 August 2025. The previous contract, from December 2024, was AED 85,000; the unit has been rented since February 2018.

How big is unit R206?

796 sqft (74.0 sqm): a one-bedroom apartment on the 2nd floor of a 25-storey tower completed in 2010.

What is unit R206 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 R206, Ontario Tower

Starts from the last sale price (AED 1.05M, 22 May 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,047,228
Deposit, UAE resident (20%)
AED 209,446
Deposit, non-resident (40%)
AED 418,891
Monthly over 25 years at 3.7%
AED 4,285

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