R2304, Ontario Tower
Sold prices and rental history: sold 3 times, last in January 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 R2304, Ontario Tower
What is R2304 worth today?
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Source: Dubai Land Department. Updated 20 February 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 802 sqft
- Floor
- 23rd of 25
- Parking
- P1-04
- Developer
- Rose Homes Investment
- Completed
- 2010
- Service charge
- AED 14,300 /yr
- Last sold
- AED 800K · January 2024
- Building
- Ontario Tower
About R2304, Ontario Tower
R2304 is a one-bedroom apartment of 802 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 9 January 2024 for AED 800,000, or AED 997 per sqft, 4% above the AED 956 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, signed on 20 February 2026, is AED 98,000 a year: a gross yield of 12.3% on the 2024 price, before the service charge of about AED 14,300 a year.
Sales and rents for R2304 over time
R2304 has sold 3 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 R2304 sits
All 100 1-beds →R2304 last sold in January 2024 at AED 997 per sqft, 4% above what one-beds in Ontario Tower were fetching at the time (AED 956). 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. R2304's AED 98,000 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 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 | |
| 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 | |
| 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 |
R2304, Ontario Tower in numbers
- Sold 3 times: first on 30 June 2013 for AED 1,124,838, last on 9 January 2024 for AED 800,000 (AED 997 per sqft).
- Rented since August 2014 on 11 Ejari contracts. The rent fell from AED 63,250 to AED 44,000 in 2021 and recovered to AED 98,000 by February 2026.
- At AED 98,000 a year the gross yield on the 2024 price is 12.3%, 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 20 February 2026.
Questions about R2304, Ontario Tower
What did unit R2304 last sell for?
AED 800,000 on 9 January 2024: AED 997 per sqft for 802 sqft. The unit has 3 registered sales; the first was AED 1,124,838 in June 2013.
What is the rent for unit R2304?
AED 98,000 a year on the contract signed on 20 February 2026. The previous contract, from February 2024, was AED 90,000; the unit has been rented since August 2014.
How big is unit R2304?
802 sqft (74.5 sqm): a one-bedroom apartment on the 23rd floor of a 25-storey tower completed in 2010.
What is unit R2304 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 R2304, Ontario Tower
Starts from the last sale price (AED 800K, 9 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 800,000
- Deposit, UAE resident (20%)
- AED 160,000
- Deposit, non-resident (40%)
- AED 320,000
- Monthly over 25 years at 3.7%
- AED 3,273
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →