
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.
Property timeline for R2305, Ontario Tower
What is R2305 worth today?
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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
- Building
- Ontario Tower
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
R2305 has sold twice; 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 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 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 | |
| R2304 | 1-bed | 802 sqft | AED 800KAED 800,000 · Jan 2024January 2024 | 98,000 /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 |
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 →