R2203, Ontario Tower
Sold prices and rental history: sold 4 times, last in December 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for R2203, Ontario Tower
What is R2203 worth today?
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Source: Dubai Land Department. Updated 15 January 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 803 sqft
- Floor
- 22nd of 25
- Parking
- B1-157
- Developer
- Rose Homes Investment
- Completed
- 2010
- Service charge
- AED 14,300 /yr
- Last sold
- AED 840K · December 2024
- Building
- Ontario Tower
About R2203, Ontario Tower
R2203 is a one-bedroom apartment of 803 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 11 December 2024 for AED 840,000, or AED 1,046 per sqft, in line with the AED 1,030 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 15 January 2025, is AED 75,000 a year: a gross yield of 8.9% on the 2024 price, before the service charge of about AED 14,300 a year.
Sales and rents for R2203 over time
R2203 has sold 4 times; the dashed line is the one-bed median of each year in the building.
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 R2203 sits
All 100 1-beds →R2203 last sold in December 2024 at AED 1,046 per sqft, in line with what one-beds in Ontario Tower were fetching at the time (AED 1,030). 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. R2203's AED 75,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Oct 20267 October 2026 | 803 sqft | 895,370 | 1,115 | ||
| 8 Sep 20268 September 2026 | 802 sqft | 800,000 | 997 | ||
| 18 Jul 202618 July 2026 | 802 sqft | 1,050,000 | 1,309 | ||
| 16 Jun 202616 June 2026 | 802 sqft | 1,012,692 | 1,262 |
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 | |||||
|---|---|---|---|---|---|
| R2201 | Studio | 402 sqft | AED 650KAED 650,000 · Nov 2013November 2013 | 47,000 /yr | |
| R2202 | 2-bed | 982 sqft | AED 1.38MAED 1,380,000 · Dec 2013December 2013 | 85,000 /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 |
R2203, Ontario Tower in numbers
- Sold 4 times: first on 30 June 2013 for AED 1,120,801, last on 11 December 2024 for AED 840,000 (AED 1,046 per sqft).
- Rented since August 2014 on 9 Ejari contracts, from AED 60,000 to AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2024 price is 8.9%, before a service charge of about AED 14,300 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 15 January 2025.
Questions about R2203, Ontario Tower
What did unit R2203 last sell for?
AED 840,000 on 11 December 2024: AED 1,046 per sqft for 803 sqft. The unit has 4 registered sales; the first was AED 1,120,801 in June 2013.
What is the rent for unit R2203?
AED 75,000 a year on the contract signed on 15 January 2025. The previous contract, from January 2025, was AED 75,000; the unit has been rented since August 2014.
How big is unit R2203?
803 sqft (74.6 sqm): a one-bedroom apartment on the 22nd floor of a 25-storey tower completed in 2010.
What is unit R2203 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 R2203, Ontario Tower
Starts from the last sale price (AED 840K, 11 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 840,000
- Deposit, UAE resident (20%)
- AED 168,000
- Deposit, non-resident (40%)
- AED 336,000
- Monthly over 25 years at 3.7%
- AED 3,437
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →