2-bed · 982 sqftOntario Tower, Business Bay · 3rd floor · completed 2010

R307, Ontario Tower

Sold prices and rental history: sold 4 times, last in September 2026, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit R307 · DLD and Ejari recordsUpdated 18 September 2026
Last soldAED 1.18M18 September 2026
Current rentAED 105K /yr18 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for R307, Ontario Tower

What is R307 worth today?

Last sold for AED 1,184,000 in 2026

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18 Sep 2026SoldReady
AED 1,184,000AED 1,205 per sqft
18 Feb 2025RentedNew contract
AED 104,500/yr12 months · AED 106 per sqft
18 Feb 2025RentedNew contract
AED 104,500/yr12 months · AED 106 per sqft
18 Feb 2024RentedNew contract
AED 95,000/yr12 months · AED 97 per sqft
18 Feb 2023RentedNew contract
AED 90,000/yr12 months · AED 92 per sqft
13 Feb 2023SoldReady
AED 850,000AED 865 per sqft
26 May 2020RentedNew contract
AED 55,000/yr12 months · AED 56 per sqft
11 Nov 2019RentedNew contract
AED 65,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 18 September 2026.

Key facts

Type
2-bed apartment
Size
982 sqft
Floor
3rd of 25
Parking
B1-21
Developer
Rose Homes Investment
Completed
2010
Service charge
AED 17,500 /yr
Last sold
AED 1.18M · September 2026

About R307, Ontario Tower

R307 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. It last sold on 18 September 2026 for AED 1,184,000, or AED 1,205 per sqft, 4% below the AED 1,249 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 18 February 2025, is AED 104,500 a year: a gross yield of 8.8% on the 2026 price, before the service charge of about AED 17,500 a year.

Sales and rents for R307 over time

Sales
Unit R307, each saleTypical two-bed in Ontario Tower
1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,096,633; 2011 AED 1,117,000; 2012 AED 1,058,265; 2013 AED 1,200,000; 2014 AED 1,450,000; 2016 AED 1,250,000; 2017 AED 1,200,000; 2019 AED 875,000; 2022 AED 860,000; 2023 AED 900,000; 2024 AED 1,290,000; 2025 AED 1,200,000; 2026 AED 1,226,986Sold by developer, August 2009: AED 1,117,057 (AED 1,137 per sqft)Sold, October 2011: AED 1,117,057 (AED 1,137 per sqft)Sold, February 2023: AED 850,000 (AED 865 per sqft)Sold, September 2026: AED 1,184,000 (AED 1,205 per sqft)

R307 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit R307, each contractTypical two-bed in Ontario Tower
50K75K100K2013201720212025Typical rent by year: 2013 AED 75,000; 2014 AED 95,000; 2015 AED 105,000; 2016 AED 104,500; 2017 AED 95,000; 2018 AED 80,000; 2019 AED 70,000; 2020 AED 60,000; 2021 AED 53,000; 2022 AED 65,000; 2023 AED 90,000; 2024 AED 102,850; 2025 AED 104,500; 2026 AED 100,930New contract, December 2013: AED 75,000 a yearRenewal, December 2014: AED 90,000 a yearNew contract, November 2019: AED 65,000 a yearNew contract, May 2020: AED 55,000 a yearNew contract, February 2023: AED 90,000 a yearNew contract, February 2024: AED 95,000 a yearNew contract, February 2025: AED 104,500 a yearNew contract, February 2025: AED 104,500 a year

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 R307 sits

All 51 2-beds →

R307 last sold in September 2026 at AED 1,205 per sqft, 4% below what two-beds in Ontario Tower were fetching at the time (AED 1,249). 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. R307's AED 104,500 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
1 Oct 20261,100,000
18 Sep 20261,258,372
18 Sep 20261,200,000
3 Sep 20261,100,000
12 2-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 3rd floor

All 175 units in Ontario Tower
Value
R301StudioAED 500K · Jun 2019
R3022-bedAED 1.12M · Jun 2011
R3031-bedAED 820K · Jun 2024
R3041-bedAED 1M · Sep 2025
R3051-bedAED 800K · Aug 2024
R3061-bedAED 525K · Feb 2017

R307, Ontario Tower in numbers

  • Sold 4 times: first on 3 August 2009 for AED 1,117,057, last on 18 September 2026 for AED 1,184,000 (AED 1,205 per sqft).
  • Rented since December 2013 on 8 Ejari contracts. The rent fell from AED 75,000 to AED 55,000 in 2020 and recovered to AED 104,500 by February 2025.
  • At AED 104,500 a year the gross yield on the 2026 price is 8.8%, 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 18 September 2026.

Questions about R307, Ontario Tower

What did unit R307 last sell for?

AED 1,184,000 on 18 September 2026: AED 1,205 per sqft for 982 sqft. The unit has 4 registered sales; the first was AED 1,117,057 in August 2009.

What is the rent for unit R307?

AED 104,500 a year on the contract signed on 18 February 2025. The previous contract, from February 2025, was AED 104,500; the unit has been rented since December 2013.

How big is unit R307?

982 sqft (91.2 sqm): a two-bedroom apartment on the 3rd floor of a 25-storey tower completed in 2010.

What is unit R307 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 R307, Ontario Tower

Starts from the last sale price (AED 1.18M, 18 September 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,184,000
Deposit, UAE resident (20%)
AED 236,800
Deposit, non-resident (40%)
AED 473,600
Monthly over 25 years at 3.7%
AED 4,844

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