R2201, Ontario Tower
Sold prices and rental history: sold twice, last in November 2013, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for R2201, Ontario Tower
What is R2201 worth today?
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Source: Dubai Land Department. Updated 9 April 2026.
Key facts
- Type
- Studio apartment
- Size
- 402 sqft
- Floor
- 22nd of 25
- Parking
- B1-153
- Developer
- Rose Homes Investment
- Completed
- 2010
- Service charge
- AED 7,200 /yr
- Last sold
- AED 650K · November 2013
- Building
- Ontario Tower
About R2201, Ontario Tower
R2201 is a studio of 402 sqft on the 22nd floor of Ontario Tower, a 25-storey tower in Business Bay completed in 2010 by Rose Homes Investment. It last sold on 4 November 2013 for AED 650,000, or AED 1,616 per sqft, 17% above the AED 1,385 studios in the building were fetching at the time.
It has been rented continuously since 2016 on 12 Ejari contracts. The current contract, renewed on 9 April 2026, is AED 47,000 a year: a gross yield of 7.2% on the 2013 price, before the service charge of about AED 7,200 a year.
Sales and rents for R2201 over time
R2201 has sold twice; the dashed line is the studio median of each year in the building.
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 R2201 sits
All 24 studios →R2201 last sold in November 2013 at AED 1,616 per sqft, 17% above what studios in Ontario Tower were fetching at the time (AED 1,385). 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. R2201's AED 47,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Sep 202615 September 2026 | 402 sqft | 620,000 | 1,542 | ||
| 8 Jan 20268 January 2026 | 402 sqft | 740,000 | 1,840 | ||
| 4 Nov 20254 November 2025 | 402 sqft | 700,000 | 1,741 | ||
| 20 Oct 202520 October 2025 | 398 sqft | 640,000 | 1,607 |
Ontario Tower
Building175 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%
Other units on the 22nd floor
All 175 units in Ontario Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| R2202 | 2-bed | 982 sqft | AED 1.38MAED 1,380,000 · Dec 2013December 2013 | 85,000 /yr | |
| R2203 | 1-bed | 803 sqft | AED 840KAED 840,000 · Dec 2024December 2024 | 75,000 /yr | |
| R2204 | 1-bed | 802 sqft | AED 850KAED 850,000 · Sep 2024September 2024 | 70,000 /yr | |
| R2205 | 1-bed | 802 sqft | AED 1.2MAED 1,200,000 · Mar 2014March 2014 | 69,370 /yr | |
| R2206 | 1-bed | 791 sqft | AED 860KAED 860,000 · Jun 2024June 2024 | 125,000 /yr | |
| R2207 | 2-bed | 982 sqft | AED 1.2MAED 1,203,972 · Aug 2026August 2026 | 91,140 /yr |
R2201, Ontario Tower in numbers
- Sold twice: first on 30 June 2013 for AED 557,037, last on 4 November 2013 for AED 650,000 (AED 1,616 per sqft).
- Rented since October 2016 on 12 Ejari contracts. The rent fell from AED 63,000 to AED 34,000 in 2021 and recovered to AED 47,000 by April 2026.
- At AED 47,000 a year the gross yield on the 2013 price is 7.2%, 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 9 April 2026.
Questions about R2201, Ontario Tower
What did unit R2201 last sell for?
AED 650,000 on 4 November 2013: AED 1,616 per sqft for 402 sqft. The unit has 2 registered sales; the first was AED 557,037 in June 2013.
What is the rent for unit R2201?
AED 47,000 a year on the contract renewed on 9 April 2026. The previous contract, from April 2025, was AED 47,000; the unit has been rented since October 2016.
How big is unit R2201?
402 sqft (37.3 sqm): a studio on the 22nd floor of a 25-storey tower completed in 2010.
What is unit R2201 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 R2201, Ontario Tower
Starts from the last sale price (AED 650K, 4 November 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 650,000
- Deposit, UAE resident (20%)
- AED 130,000
- Deposit, non-resident (40%)
- AED 260,000
- Monthly over 25 years at 3.7%
- AED 2,659
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →