R302, Ontario Tower
Sold prices and rental history: sold once, by the developer in June 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for R302, Ontario Tower
What is R302 worth today?
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Source: Dubai Land Department. Updated 16 February 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 982 sqft
- Floor
- 3rd of 25
- Parking
- B1-16
- Developer
- Rose Homes Investment
- Completed
- 2010
- Service charge
- AED 17,500 /yr
- Last sold
- AED 1.12M · June 2011
- Building
- Ontario Tower
About R302, Ontario Tower
R302 is a two-bedroom apartment of 982 sqft on the 3rd floor of Ontario Tower, a 25-storey tower in Business Bay completed in 2010 by Rose Homes Investment. The developer sold it on 6 June 2011 for AED 1,117,000, or AED 1,137 per sqft, 14% below the AED 1,317 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 13 Ejari contracts. The current contract, signed on 16 February 2026, is AED 103,000 a year: a gross yield of 9.2% on the 2011 price, before the service charge of about AED 17,500 a year.
Sales and rents for R302 over time
R302 has sold once; 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 R302 sits
All 51 2-beds →R302 last sold in June 2011 at AED 1,137 per sqft, 14% below what two-beds in Ontario Tower were fetching at the time (AED 1,317). 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. R302's AED 103,000 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 3rd floor
All 175 units in Ontario Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| R301 | Studio | 398 sqft | AED 500KAED 500,000 · Jun 2019June 2019 | 51,540 /yr | |
| R303 | 1-bed | 807 sqft | AED 820KAED 820,000 · Jun 2024June 2024 | 75,000 /yr | |
| R304 | 1-bed | 801 sqft | AED 1MAED 1,000,000 · Sep 2025September 2025 | 57,960 /yr | |
| R305 | 1-bed | 800 sqft | AED 800KAED 800,000 · Aug 2024August 2024 | 43,000 /yr | |
| R306 | 1-bed | 796 sqft | AED 525KAED 525,000 · Feb 2017February 2017 | 70,000 /yr | |
| R307 | 2-bed | 982 sqft | AED 1.18MAED 1,184,000 · Sep 2026September 2026 | 104,500 /yr |
R302, Ontario Tower in numbers
- Sold once: by Rose Homes Investment on 6 June 2011 for AED 1,117,000, or AED 1,137 per sqft.
- Rented since July 2014 on 13 Ejari contracts. The rent fell from AED 110,000 to AED 54,929 in 2022 and recovered to AED 103,000 by February 2026.
- At AED 103,000 a year the gross yield on the 2011 price is 9.2%, 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 16 February 2026.
Questions about R302, Ontario Tower
What did unit R302 last sell for?
AED 1,117,000 on 6 June 2011, sold by the developer: AED 1,137 per sqft for 982 sqft. It is the only registered sale of the unit.
What is the rent for unit R302?
AED 103,000 a year on the contract signed on 16 February 2026. The previous contract, from January 2025, was AED 105,000; the unit has been rented since July 2014.
How big is unit R302?
982 sqft (91.2 sqm): a two-bedroom apartment on the 3rd floor of a 25-storey tower completed in 2010.
What is unit R302 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 R302, Ontario Tower
Starts from the last sale price (AED 1.12M, 6 June 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,117,000
- Deposit, UAE resident (20%)
- AED 223,400
- Deposit, non-resident (40%)
- AED 446,800
- Monthly over 25 years at 3.7%
- AED 4,570
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →