1-bed · 802 sqftOntario Tower, Business Bay · 23rd floor · completed 2010

R2305, Ontario Tower

Sold prices and rental history: sold twice, last in January 2017, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit R2305 · DLD and Ejari recordsUpdated 1 July 2025
Last soldAED 1M17 January 2017
Current rentAED 73K /yr1 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for R2305, Ontario Tower

What is R2305 worth today?

Last sold for AED 1,000,000 in 2017

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1 Jul 2025RentedNew contract
AED 73,000/yr12 months · AED 91 per sqft
1 Jul 2025RentedNew contract
AED 73,000/yr12 months · AED 91 per sqft
27 Mar 2025RentedNew contract
AED 70,000/yr12 months · AED 87 per sqft
7 Sep 2023RentedRenewal
AED 75,000/yr12 months · AED 93 per sqft
7 Sep 2022RentedRenewal
AED 65,000/yr12 months · AED 81 per sqft
31 Aug 2021RentedNew contract
AED 46,000/yr12 months · AED 57 per sqft
31 Aug 2020RentedRenewal
AED 51,500/yr12 months · AED 64 per sqft
15 Aug 2019RentedRenewal
AED 62,799/yr13 months · AED 78 per sqft

Source: Dubai Land Department. Updated 1 July 2025.

Key facts

Type
1-bed apartment
Size
802 sqft
Floor
23rd of 25
Parking
P1-05
Developer
Rose Homes Investment
Completed
2010
Service charge
AED 14,300 /yr
Last sold
AED 1M · January 2017

About R2305, Ontario Tower

R2305 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 17 January 2017 for AED 1,000,000, or AED 1,246 per sqft, in line with the AED 1,246 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 13 Ejari contracts. The current contract, signed on 1 July 2025, is AED 73,000 a year: a gross yield of 7.3% on the 2017 price, before the service charge of about AED 14,300 a year.

Sales and rents for R2305 over time

Sales
Unit R2305, each saleTypical one-bed in Ontario Tower
500K1M2009201420192024Typical sale price by year: 2009 AED 880,308; 2011 AED 925,879; 2012 AED 912,940; 2013 AED 1,120,801; 2014 AED 1,200,000; 2015 AED 990,550; 2016 AED 750,000; 2017 AED 952,500; 2018 AED 800,000; 2019 AED 580,757; 2022 AED 650,000; 2023 AED 765,000; 2024 AED 840,000; 2025 AED 941,563; 2026 AED 1,047,228Sold by developer, June 2013: AED 1,124,838 (AED 1,402 per sqft)Sold, January 2017: AED 1,000,000 (AED 1,246 per sqft)

R2305 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit R2305, each contractTypical one-bed in Ontario Tower
40K60K80K2012201620202024Typical rent by year: 2012 AED 52,500; 2013 AED 60,000; 2014 AED 70,000; 2015 AED 79,350; 2016 AED 80,000; 2017 AED 75,000; 2018 AED 65,000; 2019 AED 58,835; 2020 AED 47,000; 2021 AED 42,000; 2022 AED 52,000; 2023 AED 62,920; 2024 AED 73,500; 2025 AED 74,500; 2026 AED 70,400New contract, August 2014: AED 62,000 a yearNew contract, August 2015: AED 71,300 a yearNew contract, August 2016: AED 75,000 a yearNew contract, August 2017: AED 75,000 a yearNew contract, August 2018: AED 68,000 a yearRenewal, August 2019: AED 62,799 a yearRenewal, August 2020: AED 51,500 a yearNew contract, August 2021: AED 46,000 a yearRenewal, September 2022: AED 65,000 a yearRenewal, September 2023: AED 75,000 a yearNew contract, March 2025: AED 70,000 a yearNew contract, July 2025: AED 73,000 a yearNew contract, July 2025: AED 73,000 a year

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 R2305 sits

All 100 1-beds →

R2305 last sold in January 2017 at AED 1,246 per sqft, in line with what one-beds in Ontario Tower were fetching at the time (AED 1,246). 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. R2305's AED 73,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
7 Oct 2026895,370
8 Sep 2026800,000
18 Jul 20261,050,000
16 Jun 20261,012,692
14 1-bed sales in the last 12 months

Ontario Tower

Building

175 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%
Ontario Tower, Business Bay: prices, sales and rents →

Other units on the 23rd floor

All 175 units in Ontario Tower
Value
R2301StudioAED 570K · Apr 2023
R23022-bedAED 1.2M · Jan 2017
R23031-bedAED 955K · Jan 2025
R23041-bedAED 800K · Jan 2024
R23061-bedAED 900K · Jan 2017
R23072-bedAED 1.2M · Jan 2017

R2305, Ontario Tower in numbers

  • Sold twice: first on 30 June 2013 for AED 1,124,838, last on 17 January 2017 for AED 1,000,000 (AED 1,246 per sqft).
  • Rented since August 2014 on 13 Ejari contracts. The rent fell from AED 62,000 to AED 46,000 in 2021 and recovered to AED 73,000 by July 2025.
  • At AED 73,000 a year the gross yield on the 2017 price is 7.3%, 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 1 July 2025.

Questions about R2305, Ontario Tower

What did unit R2305 last sell for?

AED 1,000,000 on 17 January 2017: AED 1,246 per sqft for 802 sqft. The unit has 2 registered sales; the first was AED 1,124,838 in June 2013.

What is the rent for unit R2305?

AED 73,000 a year on the contract signed on 1 July 2025. The previous contract, from July 2025, was AED 73,000; the unit has been rented since August 2014.

How big is unit R2305?

802 sqft (74.5 sqm): a one-bedroom apartment on the 23rd floor of a 25-storey tower completed in 2010.

What is unit R2305 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 R2305, Ontario Tower

Starts from the last sale price (AED 1M, 17 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →