R2302, Ontario Tower
Sold prices and rental history: sold twice, last in January 2017, 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 R2302, Ontario Tower
What is R2302 worth today?
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Source: Dubai Land Department. Updated 27 September 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 982 sqft
- Floor
- 23rd of 25
- Parking
- P1-02
- Developer
- Rose Homes Investment
- Completed
- 2010
- Service charge
- AED 17,500 /yr
- Last sold
- AED 1.2M · January 2017
- Building
- Ontario Tower
About R2302, Ontario Tower
R2302 is a two-bedroom apartment of 982 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 17 January 2017 for AED 1,200,000, or AED 1,222 per sqft, in line with the AED 1,252 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 12 Ejari contracts. The current contract, signed on 27 September 2026, is AED 100,930 a year: a gross yield of 8.4% on the 2017 price, before the service charge of about AED 17,500 a year.
Sales and rents for R2302 over time
R2302 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Ontario Tower, and where R2302 sits
All 51 2-beds →R2302 last sold in January 2017 at AED 1,222 per sqft, in line with what two-beds in Ontario Tower were fetching at the time (AED 1,252). Over the last 12 months two-beds sold for AED 1,100,000 to 1,519,924, around AED 1,249 per sqft, and rent for AED 60,000 to 162,000 a year. R2302's AED 100,930 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Oct 20261 October 2026 | 982 sqft | 1,100,000 | 1,120 | ||
| 18 Sep 202618 September 2026 | 982 sqft | 1,258,372 | 1,281 | ||
| 18 Sep 202618 September 2026 | 982 sqft | 1,200,000 | 1,222 | ||
| 18 Sep 202618 September 2026 | 982 sqft | 1,184,000 | 1,205 |
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 | |||||
|---|---|---|---|---|---|
| R2301 | Studio | 402 sqft | AED 570KAED 570,000 · Apr 2023April 2023 | 45,000 /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 |
R2302, Ontario Tower in numbers
- Sold twice: first on 30 June 2013 for AED 1,352,228, last on 17 January 2017 for AED 1,200,000 (AED 1,222 per sqft).
- Rented since January 2016 on 12 Ejari contracts. The rent fell from AED 110,000 to AED 60,000 in 2021 and recovered to AED 100,930 by September 2026.
- At AED 100,930 a year the gross yield on the 2017 price is 8.4%, before a service charge of about AED 17,500 a year (AED 17.81 per sqft).
- Two-beds in Ontario Tower sold for AED 1,100,000–1,519,924 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 27 September 2026.
Questions about R2302, Ontario Tower
What did unit R2302 last sell for?
AED 1,200,000 on 17 January 2017: AED 1,222 per sqft for 982 sqft. The unit has 2 registered sales; the first was AED 1,352,228 in June 2013.
What is the rent for unit R2302?
AED 100,930 a year on the contract signed on 27 September 2026. The previous contract, from September 2025, was AED 100,000; the unit has been rented since January 2016.
How big is unit R2302?
982 sqft (91.2 sqm): a two-bedroom apartment on the 23rd floor of a 25-storey tower completed in 2010.
What is unit R2302 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Ontario Tower sold for AED 1,100,000 to 1,519,924 in the last 12 months, around AED 1,249 per sqft.
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Mortgage on R2302, Ontario Tower
Starts from the last sale price (AED 1.2M, 17 January 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,200,000
- Deposit, UAE resident (20%)
- AED 240,000
- Deposit, non-resident (40%)
- AED 480,000
- Monthly over 25 years at 3.7%
- AED 4,910
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →