2-bed · 982 sqftOntario Tower, Business Bay · 23rd floor · completed 2010

R2307, 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 R2307 · DLD and Ejari recordsUpdated 1 November 2025
Last soldAED 1.2M17 January 2017
Current rentAED 90K /yr1 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for R2307, Ontario Tower

What is R2307 worth today?

Last sold for AED 1,200,000 in 2017

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1 Nov 2025RentedNew contract
AED 90,000/yr12 months · AED 92 per sqft
31 Jul 2024RentedNew contract
AED 105,000/yr12 months · AED 107 per sqft
1 Feb 2022RentedNew contract
AED 63,000/yr12 months · AED 64 per sqft
1 Feb 2021RentedRenewal
AED 58,000/yr12 months · AED 59 per sqft
1 Feb 2020RentedRenewal
AED 76,500/yr12 months · AED 78 per sqft
1 Feb 2019RentedRenewal
AED 85,000/yr12 months · AED 87 per sqft
1 Feb 2018RentedNew contract
AED 85,000/yr12 months · AED 87 per sqft
23 Sep 2017RentedNew contract
AED 90,000/yr12 months · AED 92 per sqft

Source: Dubai Land Department. Updated 1 November 2025.

Key facts

Type
2-bed apartment
Size
982 sqft
Floor
23rd of 25
Parking
P1-07
Developer
Rose Homes Investment
Completed
2010
Service charge
AED 17,500 /yr
Last sold
AED 1.2M · January 2017

About R2307, Ontario Tower

R2307 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 2014 on 11 Ejari contracts. The current contract, signed on 1 November 2025, is AED 90,000 a year: a gross yield of 7.5% on the 2017 price, before the service charge of about AED 17,500 a year.

Sales and rents for R2307 over time

Sales
Unit R2307, each saleTypical two-bed in Ontario Tower
1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,096,633; 2011 AED 1,117,000; 2012 AED 1,058,265; 2013 AED 1,200,000; 2014 AED 1,450,000; 2016 AED 1,250,000; 2017 AED 1,200,000; 2019 AED 875,000; 2022 AED 860,000; 2023 AED 900,000; 2024 AED 1,290,000; 2025 AED 1,200,000; 2026 AED 1,226,986Sold by developer, June 2013: AED 1,352,228 (AED 1,377 per sqft)Sold, January 2017: AED 1,200,000 (AED 1,222 per sqft)

R2307 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit R2307, each contractTypical two-bed in Ontario Tower
50K100K2013201720212025Typical rent by year: 2013 AED 75,000; 2014 AED 95,000; 2015 AED 105,000; 2016 AED 104,500; 2017 AED 95,000; 2018 AED 80,000; 2019 AED 70,000; 2020 AED 60,000; 2021 AED 53,000; 2022 AED 65,000; 2023 AED 90,000; 2024 AED 102,850; 2025 AED 104,500; 2026 AED 100,930New contract, May 2014: AED 92,000 a yearNew contract, July 2015: AED 110,000 a yearRenewal, July 2016: AED 110,000 a yearNew contract, September 2017: AED 90,000 a yearNew contract, February 2018: AED 85,000 a yearRenewal, February 2019: AED 85,000 a yearRenewal, February 2020: AED 76,500 a yearRenewal, February 2021: AED 58,000 a yearNew contract, February 2022: AED 63,000 a yearNew contract, July 2024: AED 105,000 a yearNew contract, November 2025: AED 90,000 a year

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 R2307 sits

All 51 2-beds →

R2307 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. R2307's AED 90,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
1 Oct 20261,100,000
18 Sep 20261,258,372
18 Sep 20261,200,000
18 Sep 20261,184,000
12 2-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
R23051-bedAED 1M · Jan 2017
R23061-bedAED 900K · Jan 2017

R2307, 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 May 2014 on 11 Ejari contracts. The rent fell from AED 92,000 to AED 58,000 in 2021 and recovered to AED 90,000 by November 2025.
  • At AED 90,000 a year the gross yield on the 2017 price is 7.5%, 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 1 November 2025.

Questions about R2307, Ontario Tower

What did unit R2307 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 R2307?

AED 90,000 a year on the contract signed on 1 November 2025. The previous contract, from July 2024, was AED 105,000; the unit has been rented since May 2014.

How big is unit R2307?

982 sqft (91.2 sqm): a two-bedroom apartment on the 23rd floor of a 25-storey tower completed in 2010.

What is unit R2307 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 R2307, 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 →