1-bed · 791 sqftOntario Tower, Business Bay · 24th floor · completed 2010

R2406, Ontario Tower

Sold prices and rental history: sold 3 times, last in April 2025, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit R2406 · DLD and Ejari recordsUpdated 31 May 2026
Last soldAED 1.05M11 April 2025
Current rentAED 70K /yr31 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for R2406, Ontario Tower

What is R2406 worth today?

Last sold for AED 1,050,000 in 2025

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31 May 2026RentedNew contract
AED 70,000/yr12 months · AED 89 per sqft
1 Jun 2025RentedNew contract
AED 70,189/yr12 months · AED 89 per sqft
1 Jun 2025RentedNew contract
AED 70,189/yr12 months · AED 89 per sqft
11 Apr 2025SoldReady
AED 1,050,000AED 1,327 per sqft
7 Dec 2022RentedNew contract
AED 63,000/yr12 months · AED 80 per sqft
30 Nov 2021RentedRenewal
AED 46,000/yr12 months · AED 59 per sqft
30 Nov 2019RentedNew contract
AED 58,000/yr12 months · AED 74 per sqft
15 Aug 2018RentedNew contract
AED 68,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 31 May 2026.

Key facts

Type
1-bed apartment
Size
791 sqft
Floor
24th of 25
Parking
P1-13
Developer
Rose Homes Investment
Completed
2010
Service charge
AED 14,100 /yr
Last sold
AED 1.05M · April 2025

About R2406, Ontario Tower

R2406 is a one-bedroom apartment of 791 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 11 April 2025 for AED 1,050,000, or AED 1,327 per sqft, 25% above the AED 1,059 one-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 31 May 2026, is AED 70,000 a year: a gross yield of 6.7% on the 2025 price, before the service charge of about AED 14,100 a year.

Sales and rents for R2406 over time

Sales
Unit R2406, 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 1,416 per sqft)Sold, February 2017: AED 900,000 (AED 1,137 per sqft)Sold, April 2025: AED 1,050,000 (AED 1,327 per sqft)

R2406 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit R2406, 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, October 2014: AED 72,000 a yearRenewal, October 2015: AED 79,200 a yearNew contract, August 2016: AED 75,000 a yearNew contract, August 2017: AED 75,000 a yearNew contract, August 2018: AED 68,000 a yearNew contract, November 2019: AED 58,000 a yearRenewal, November 2021: AED 46,000 a yearNew contract, December 2022: AED 63,000 a yearNew contract, June 2025: AED 70,189 a yearNew contract, June 2025: AED 70,189 a yearNew contract, May 2026: AED 70,000 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 R2406 sits

All 100 1-beds →

R2406 last sold in April 2025 at AED 1,327 per sqft, 25% above what one-beds in Ontario Tower were fetching at the time (AED 1,059). 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. R2406's AED 70,000 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
R24031-bedAED 700K · Jul 2024
R24041-bedAED 980K · Aug 2017
R24051-bedAED 1M · Jul 2024
R24072-bedAED 1.3M · Dec 2016

R2406, Ontario Tower in numbers

  • Sold 3 times: first on 29 August 2013 for AED 1,120,801, last on 11 April 2025 for AED 1,050,000 (AED 1,327 per sqft).
  • Rented since October 2014 on 11 Ejari contracts. The rent fell from AED 72,000 to AED 46,000 in 2021 and recovered to AED 70,000 by May 2026.
  • At AED 70,000 a year the gross yield on the 2025 price is 6.7%, 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 31 May 2026.

Questions about R2406, Ontario Tower

What did unit R2406 last sell for?

AED 1,050,000 on 11 April 2025: AED 1,327 per sqft for 791 sqft. The unit has 3 registered sales; the first was AED 1,120,801 in August 2013.

What is the rent for unit R2406?

AED 70,000 a year on the contract signed on 31 May 2026. The previous contract, from June 2025, was AED 70,189; the unit has been rented since October 2014.

How big is unit R2406?

791 sqft (73.5 sqm): a one-bedroom apartment on the 24th floor of a 25-storey tower completed in 2010.

What is unit R2406 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 R2406, Ontario Tower

Starts from the last sale price (AED 1.05M, 11 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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