R2405, Ontario Tower
Sold prices and rental history: sold 5 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.
Property timeline for R2405, Ontario Tower
What is R2405 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 12 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 802 sqft
- Floor
- 24th of 25
- Parking
- P1-12
- Developer
- Rose Homes Investment
- Completed
- 2010
- Service charge
- AED 14,300 /yr
- Last sold
- AED 1M · July 2024
- Building
- Ontario Tower
About R2405, Ontario Tower
R2405 is a one-bedroom apartment of 802 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 12 July 2024 for AED 1,000,000, or AED 1,246 per sqft, 20% above the AED 1,040 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 1 March 2024, is AED 90,000 a year: a gross yield of 9.0% on the 2024 price, before the service charge of about AED 14,300 a year.
Sales and rents for R2405 over time
R2405 has sold 5 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 R2405 sits
All 100 1-beds →R2405 last sold in July 2024 at AED 1,246 per sqft, 20% above what one-beds in Ontario Tower were fetching at the time (AED 1,040). 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. R2405's AED 90,000 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 24th floor
All 175 units in Ontario Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| R2401 | Studio | 402 sqft | AED 725KAED 725,000 · Oct 2016October 2016 | 50,000 /yr | |
| R2402 | 2-bed | 982 sqft | AED 1.16MAED 1,160,000 · Dec 2022December 2022 | 85,000 /yr | |
| R2403 | 1-bed | 803 sqft | AED 700KAED 700,000 · Jul 2024July 2024 | 64,000 /yr | |
| R2404 | 1-bed | 802 sqft | AED 980KAED 980,000 · Aug 2017August 2017 | 85,000 /yr | |
| R2406 | 1-bed | 791 sqft | AED 1.05MAED 1,050,000 · Apr 2025April 2025 | 70,000 /yr | |
| R2407 | 2-bed | 982 sqft | AED 1.3MAED 1,300,000 · Dec 2016December 2016 | 92,000 /yr |
R2405, Ontario Tower in numbers
- Sold 5 times: first on 29 August 2013 for AED 1,124,838, last on 12 July 2024 for AED 1,000,000 (AED 1,246 per sqft).
- Rented since August 2013 on 10 Ejari contracts. The rent fell from AED 49,500 to AED 42,000 in 2020 and recovered to AED 90,000 by March 2024.
- At AED 90,000 a year the gross yield on the 2024 price is 9.0%, 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 12 July 2024.
Questions about R2405, Ontario Tower
What did unit R2405 last sell for?
AED 1,000,000 on 12 July 2024: AED 1,246 per sqft for 802 sqft. The unit has 5 registered sales; the first was AED 1,124,838 in August 2013.
What is the rent for unit R2405?
AED 90,000 a year on the contract signed on 1 March 2024. The previous contract, from November 2022, was AED 57,000; the unit has been rented since August 2013.
How big is unit R2405?
802 sqft (74.5 sqm): a one-bedroom apartment on the 24th floor of a 25-storey tower completed in 2010.
What is unit R2405 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.
Selling R2405? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on R2405, Ontario Tower
Starts from the last sale price (AED 1M, 12 July 2024). 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 →