R2407, Ontario Tower
Sold prices and rental history: sold twice, last in December 2016, 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 R2407, Ontario Tower
What is R2407 worth today?
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Source: Dubai Land Department. Updated 1 July 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 982 sqft
- Floor
- 24th of 25
- Parking
- P1-14
- Developer
- Rose Homes Investment
- Completed
- 2010
- Service charge
- AED 17,500 /yr
- Last sold
- AED 1.3M · December 2016
- Building
- Ontario Tower
About R2407, Ontario Tower
R2407 is a two-bedroom apartment of 982 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 19 December 2016 for AED 1,300,000, or AED 1,323 per sqft, 4% above the AED 1,272 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 1 July 2026, is AED 92,000 a year: a gross yield of 7.1% on the 2016 price, before the service charge of about AED 17,500 a year.
Sales and rents for R2407 over time
R2407 has sold twice; the dashed line is the two-bed median of each year in the building.
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 R2407 sits
All 51 2-beds →R2407 last sold in December 2016 at AED 1,323 per sqft, 4% above what two-beds in Ontario Tower were fetching at the time (AED 1,272). 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. R2407's AED 92,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Oct 20261 October 2026 | 982 sqft | 1,100,000 | 1,120 | ||
| 18 Sep 202618 September 2026 | 982 sqft | 1,258,372 | 1,281 | ||
| 18 Sep 202618 September 2026 | 982 sqft | 1,200,000 | 1,222 | ||
| 18 Sep 202618 September 2026 | 982 sqft | 1,184,000 | 1,205 |
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 | |
| R2405 | 1-bed | 802 sqft | AED 1MAED 1,000,000 · Jul 2024July 2024 | 90,000 /yr | |
| R2406 | 1-bed | 791 sqft | AED 1.05MAED 1,050,000 · Apr 2025April 2025 | 70,000 /yr |
R2407, Ontario Tower in numbers
- Sold twice: first on 29 August 2013 for AED 1,352,228, last on 19 December 2016 for AED 1,300,000 (AED 1,323 per sqft).
- Rented since December 2013 on 12 Ejari contracts. The rent fell from AED 75,000 to AED 55,000 in 2021 and recovered to AED 92,000 by July 2026.
- At AED 92,000 a year the gross yield on the 2016 price is 7.1%, 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 July 2026.
Questions about R2407, Ontario Tower
What did unit R2407 last sell for?
AED 1,300,000 on 19 December 2016: AED 1,323 per sqft for 982 sqft. The unit has 2 registered sales; the first was AED 1,352,228 in August 2013.
What is the rent for unit R2407?
AED 92,000 a year on the contract renewed on 1 July 2026. The previous contract, from July 2025, was AED 92,000; the unit has been rented since December 2013.
How big is unit R2407?
982 sqft (91.2 sqm): a two-bedroom apartment on the 24th floor of a 25-storey tower completed in 2010.
What is unit R2407 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 R2407, Ontario Tower
Starts from the last sale price (AED 1.3M, 19 December 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,300,000
- Deposit, UAE resident (20%)
- AED 260,000
- Deposit, non-resident (40%)
- AED 520,000
- Monthly over 25 years at 3.7%
- AED 5,319
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →