R2306, Ontario Tower
Sold prices and rental history: sold 3 times, 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 R2306, Ontario Tower
What is R2306 worth today?
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Source: Dubai Land Department. Updated 25 July 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 791 sqft
- Floor
- 23rd of 25
- Parking
- P1-06
- Developer
- Rose Homes Investment
- Completed
- 2010
- Service charge
- AED 14,100 /yr
- Last sold
- AED 900K · January 2017
- Building
- Ontario Tower
About R2306, Ontario Tower
R2306 is a one-bedroom apartment of 791 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 16 January 2017 for AED 900,000, or AED 1,137 per sqft, 9% below the AED 1,252 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, signed on 25 July 2026, is AED 64,615 a year: a gross yield of 7.2% on the 2017 price, before the service charge of about AED 14,100 a year.
Sales and rents for R2306 over time
R2306 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 R2306 sits
All 100 1-beds →R2306 last sold in January 2017 at AED 1,137 per sqft, 9% below what one-beds in Ontario Tower were fetching at the time (AED 1,252). 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. R2306's AED 64,615 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 | |
| R2305 | 1-bed | 802 sqft | AED 1MAED 1,000,000 · Jan 2017January 2017 | 73,000 /yr | |
| R2307 | 2-bed | 982 sqft | AED 1.2MAED 1,200,000 · Jan 2017January 2017 | 90,000 /yr |
R2306, Ontario Tower in numbers
- Sold 3 times: first on 24 March 2009 for AED 1,120,801, last on 16 January 2017 for AED 900,000 (AED 1,137 per sqft).
- Rented since February 2014 on 12 Ejari contracts. The rent fell from AED 70,000 to AED 46,000 in 2021 and recovered to AED 64,615 by July 2026.
- At AED 64,615 a year the gross yield on the 2017 price is 7.2%, before a service charge of about AED 14,100 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 25 July 2026.
Questions about R2306, Ontario Tower
What did unit R2306 last sell for?
AED 900,000 on 16 January 2017: AED 1,137 per sqft for 791 sqft. The unit has 3 registered sales; the first was AED 1,120,801 in March 2009.
What is the rent for unit R2306?
AED 64,615 a year on the contract signed on 25 July 2026. The previous contract, from April 2025, was AED 73,000; the unit has been rented since February 2014.
How big is unit R2306?
791 sqft (73.5 sqm): a one-bedroom apartment on the 23rd floor of a 25-storey tower completed in 2010.
What is unit R2306 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 R2306, Ontario Tower
Starts from the last sale price (AED 900K, 16 January 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 900,000
- Deposit, UAE resident (20%)
- AED 180,000
- Deposit, non-resident (40%)
- AED 360,000
- Monthly over 25 years at 3.7%
- AED 3,682
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →