R401, Ontario Tower
Sold prices and rental history: sold 3 times, last in March 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for R401, Ontario Tower
What is R401 worth today?
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Source: Dubai Land Department. Updated 1 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 201 sqft
- Floor
- 4th of 25
- Parking
- B1-22
- Developer
- Rose Homes Investment
- Completed
- 2010
- Service charge
- AED 3,600 /yr
- Last sold
- AED 255K · March 2024
- Building
- Ontario Tower
About R401, Ontario Tower
R401 is a studio of 201 sqft on the 4th floor of Ontario Tower, a 25-storey tower in Business Bay completed in 2010 by Rose Homes Investment. It last sold on 14 March 2024 for AED 255,000, or AED 1,266 per sqft, in line with the AED 1,266 studios in the building were fetching at the time.
It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, signed on 1 October 2026, is AED 45,000 a year: a gross yield of 17.6% on the 2024 price, before the service charge of about AED 3,600 a year.
Sales and rents for R401 over time
R401 has sold 3 times; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Ontario Tower, and where R401 sits
All 24 studios →R401 last sold in March 2024 at AED 1,266 per sqft, in line with what studios in Ontario Tower were fetching at the time (AED 1,266). Over the last 12 months studios sold for AED 620,000 to 740,000, around AED 1,691 per sqft, and rent for AED 45,000 to 78,000 a year. R401's AED 45,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Sep 202615 September 2026 | 402 sqft | 620,000 | 1,542 | ||
| 8 Jan 20268 January 2026 | 402 sqft | 740,000 | 1,840 | ||
| 4 Nov 20254 November 2025 | 402 sqft | 700,000 | 1,741 | ||
| 20 Oct 202520 October 2025 | 398 sqft | 640,000 | 1,607 |
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 4th floor
All 175 units in Ontario Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| R402 | 2-bed | 982 sqft | AED 1.1MAED 1,100,000 · Oct 2026October 2026 | 80,000 /yr | |
| R403 | 1-bed | 803 sqft | AED 1.22MAED 1,215,000 · Nov 2014November 2014 | 67,000 /yr | |
| R404 | 1-bed | 802 sqft | AED 1.05MAED 1,050,000 · Jul 2026July 2026 | 115,000 /yr | |
| R405 | 1-bed | 802 sqft | AED 925KAED 925,000 · Apr 2025April 2025 | 110,000 /yr | |
| R406 | 1-bed | 791 sqft | AED 930KAED 930,000 · May 2025May 2025 | 96,000 /yr | |
| R407 | 2-bed | 982 sqft | AED 1.1MAED 1,100,000 · Sep 2026September 2026 | 120,000 /yr |
R401, Ontario Tower in numbers
- Sold 3 times: first on 27 October 2009 for AED 423,832, last on 14 March 2024 for AED 255,000 (AED 1,266 per sqft).
- Rented since July 2015 on 11 Ejari contracts. The rent fell from AED 65,000 to AED 34,000 in 2021 and recovered to AED 45,000 by October 2026.
- At AED 45,000 a year the gross yield on the 2024 price is 17.6%, before a service charge of about AED 3,600 a year (AED 17.81 per sqft).
- Studios in Ontario Tower sold for AED 620,000–740,000 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 1 October 2026.
Questions about R401, Ontario Tower
What did unit R401 last sell for?
AED 255,000 on 14 March 2024: AED 1,266 per sqft for 201 sqft. The unit has 3 registered sales; the first was AED 423,832 in October 2009.
What is the rent for unit R401?
AED 45,000 a year on the contract signed on 1 October 2026. The previous contract, from September 2025, was AED 58,000; the unit has been rented since July 2015.
How big is unit R401?
201 sqft (18.7 sqm): a studio on the 4th floor of a 25-storey tower completed in 2010.
What is unit R401 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Ontario Tower sold for AED 620,000 to 740,000 in the last 12 months, around AED 1,691 per sqft.
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Mortgage on R401, Ontario Tower
Starts from the last sale price (AED 255K, 14 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 255,000
- Deposit, UAE resident (20%)
- AED 51,000
- Deposit, non-resident (40%)
- AED 102,000
- Monthly over 25 years at 3.7%
- AED 1,043
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →