R2301, Ontario Tower
Sold prices and rental history: sold 4 times, last in April 2023, 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 R2301, Ontario Tower
What is R2301 worth today?
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Source: Dubai Land Department. Updated 22 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 402 sqft
- Floor
- 23rd of 25
- Parking
- P1-01
- Developer
- Rose Homes Investment
- Completed
- 2010
- Service charge
- AED 7,200 /yr
- Last sold
- AED 570K · April 2023
- Building
- Ontario Tower
About R2301, Ontario Tower
R2301 is a studio of 402 sqft on the 23rd floor of Ontario Tower, a 25-storey tower in Business Bay completed in 2010 by Rose Homes Investment. It last sold on 28 April 2023 for AED 570,000, or AED 1,417 per sqft.
It has been rented continuously since 2014 on 13 Ejari contracts. The current contract, signed on 22 September 2026, is AED 45,000 a year: a gross yield of 7.9% on the 2023 price, before the service charge of about AED 7,200 a year.
Sales and rents for R2301 over time
R2301 has sold 4 times; 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 R2301 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. R2301's AED 45,000 is at the bottom 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 23rd floor
All 175 units in Ontario Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| R2302 | 2-bed | 982 sqft | AED 1.2MAED 1,200,000 · Jan 2017January 2017 | 100,930 /yr | |
| R2303 | 1-bed | 803 sqft | AED 955KAED 955,000 · Jan 2025January 2025 | 105,000 /yr | |
| R2304 | 1-bed | 802 sqft | AED 800KAED 800,000 · Jan 2024January 2024 | 98,000 /yr | |
| R2305 | 1-bed | 802 sqft | AED 1MAED 1,000,000 · Jan 2017January 2017 | 73,000 /yr | |
| R2306 | 1-bed | 791 sqft | AED 900KAED 900,000 · Jan 2017January 2017 | 64,615 /yr | |
| R2307 | 2-bed | 982 sqft | AED 1.2MAED 1,200,000 · Jan 2017January 2017 | 90,000 /yr |
R2301, Ontario Tower in numbers
- Sold 4 times: first on 30 June 2013 for AED 557,037, last on 28 April 2023 for AED 570,000 (AED 1,417 per sqft).
- Rented since September 2014 on 13 Ejari contracts. The rent fell from AED 64,000 to AED 31,000 in 2021 and recovered to AED 45,000 by September 2026.
- At AED 45,000 a year the gross yield on the 2023 price is 7.9%, 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 22 September 2026.
Questions about R2301, Ontario Tower
What did unit R2301 last sell for?
AED 570,000 on 28 April 2023: AED 1,417 per sqft for 402 sqft. The unit has 4 registered sales; the first was AED 557,037 in June 2013.
What is the rent for unit R2301?
AED 45,000 a year on the contract signed on 22 September 2026. The previous contract, from August 2025, was AED 54,000; the unit has been rented since September 2014.
How big is unit R2301?
402 sqft (37.3 sqm): a studio on the 23rd floor of a 25-storey tower completed in 2010.
What is unit R2301 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 R2301, Ontario Tower
Starts from the last sale price (AED 570K, 28 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 570,000
- Deposit, UAE resident (20%)
- AED 114,000
- Deposit, non-resident (40%)
- AED 228,000
- Monthly over 25 years at 3.7%
- AED 2,332
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →