1-bed · 803 sqftOntario Tower, Business Bay · 24th floor · completed 2010

R2403, Ontario Tower

Sold prices and rental history: sold 4 times, last in July 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit R2403 · DLD and Ejari recordsUpdated 3 October 2026
Last soldAED 700K16 July 2024
Current rentAED 64K /yr3 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for R2403, Ontario Tower

What is R2403 worth today?

Last sold for AED 700,000 in 2024

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3 Oct 2026RentedNew contract
AED 64,000/yr12 months · AED 79 per sqft
16 Jul 2024SoldReady
AED 700,000AED 871 per sqft
20 Jan 2024RentedNew contract
AED 83,000/yr12 months · AED 103 per sqft
19 Jan 2024SoldReady
AED 780,000AED 971 per sqft
5 Jan 2023RentedRenewal
AED 48,000/yr12 months · AED 59 per sqft
5 Jan 2022RentedNew contract
AED 48,000/yr12 months · AED 59 per sqft
1 Dec 2020RentedRenewal
AED 48,000/yr12 months · AED 59 per sqft
1 Dec 2019RentedNew contract
AED 55,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 3 October 2026.

Key facts

Type
1-bed apartment
Size
803 sqft
Floor
24th of 25
Parking
P1-10
Developer
Rose Homes Investment
Completed
2010
Service charge
AED 14,300 /yr
Last sold
AED 700K · July 2024

About R2403, Ontario Tower

R2403 is a one-bedroom apartment of 803 sqft on the 24th floor of Ontario Tower, a 25-storey tower in Business Bay completed in 2010 by Rose Homes Investment. It last sold on 16 July 2024 for AED 700,000, or AED 871 per sqft, 15% below the AED 1,030 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 3 October 2026, is AED 64,000 a year: a gross yield of 9.1% on the 2024 price, before the service charge of about AED 14,300 a year.

Sales and rents for R2403 over time

Sales
Unit R2403, 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, August 2013: AED 1,120,801 (AED 1,395 per sqft)Sold, September 2016: AED 1,050,000 (AED 1,307 per sqft)Sold, January 2024: AED 780,000 (AED 971 per sqft)Sold, July 2024: AED 700,000 (AED 871 per sqft)

R2403 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit R2403, 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 2013: AED 49,500 a yearNew contract, August 2015: AED 85,000 a yearRenewal, August 2016: AED 85,000 a yearNew contract, August 2018: AED 75,000 a yearNew contract, December 2019: AED 55,000 a yearRenewal, December 2020: AED 48,000 a yearNew contract, January 2022: AED 48,000 a yearRenewal, January 2023: AED 48,000 a yearNew contract, January 2024: AED 83,000 a yearNew contract, October 2026: AED 64,000 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 R2403 sits

All 100 1-beds →

R2403 last sold in July 2024 at AED 871 per sqft, 15% below what one-beds in Ontario Tower were fetching at the time (AED 1,030). 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. R2403's AED 64,000 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 24th floor

All 175 units in Ontario Tower
Value
R2401StudioAED 725K · Oct 2016
R24022-bedAED 1.16M · Dec 2022
R24041-bedAED 980K · Aug 2017
R24051-bedAED 1M · Jul 2024
R24061-bedAED 1.05M · Apr 2025
R24072-bedAED 1.3M · Dec 2016

R2403, Ontario Tower in numbers

  • Sold 4 times: first on 29 August 2013 for AED 1,120,801, last on 16 July 2024 for AED 700,000 (AED 871 per sqft).
  • Rented since August 2013 on 10 Ejari contracts, from AED 49,500 to AED 64,000 a year.
  • At AED 64,000 a year the gross yield on the 2024 price is 9.1%, 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 3 October 2026.

Questions about R2403, Ontario Tower

What did unit R2403 last sell for?

AED 700,000 on 16 July 2024: AED 871 per sqft for 803 sqft. The unit has 4 registered sales; the first was AED 1,120,801 in August 2013.

What is the rent for unit R2403?

AED 64,000 a year on the contract signed on 3 October 2026. The previous contract, from January 2024, was AED 83,000; the unit has been rented since August 2013.

How big is unit R2403?

803 sqft (74.6 sqm): a one-bedroom apartment on the 24th floor of a 25-storey tower completed in 2010.

What is unit R2403 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 R2403, Ontario Tower

Starts from the last sale price (AED 700K, 16 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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