R601, Ontario Tower
Sold prices and rental history: sold once, by the developer in September 2012, 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 R601, Ontario Tower
What is R601 worth today?
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Source: Dubai Land Department. Updated 1 May 2026.
Key facts
- Type
- Studio apartment
- Size
- 402 sqft
- Floor
- 6th of 25
- Parking
- B1-36
- Developer
- Rose Homes Investment
- Completed
- 2010
- Service charge
- AED 7,200 /yr
- Last sold
- AED 448K · September 2012
- Building
- Ontario Tower
About R601, Ontario Tower
R601 is a studio of 402 sqft on the 6th floor of Ontario Tower, a 25-storey tower in Business Bay completed in 2010 by Rose Homes Investment. The developer sold it on 9 September 2012 for AED 447,700, or AED 1,113 per sqft, in line with the AED 1,084 studios in the building were fetching at the time.
It has been rented continuously since 2014 on 13 Ejari contracts. The current contract, renewed on 1 May 2026, is AED 60,000 a year: a gross yield of 13.4% on the 2012 price, before the service charge of about AED 7,200 a year.
Sales and rents for R601 over time
R601 has sold once; 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 R601 sits
All 24 studios →R601 last sold in September 2012 at AED 1,113 per sqft, in line with what studios in Ontario Tower were fetching at the time (AED 1,084). 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. R601's AED 60,000 is in the lower half 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 6th floor
All 175 units in Ontario Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| R602 | 2-bed | 982 sqft | AED 1.34MAED 1,340,000 · May 2024May 2024 | 108,000 /yr | |
| R603 | 1-bed | 803 sqft | AED 850KAED 850,000 · Apr 2024April 2024 | 85,000 /yr | |
| R604 | 1-bed | 802 sqft | AED 870KAED 870,000 · Apr 2025April 2025 | 42,000 /yr | |
| R605 | 1-bed | 802 sqft | AED 850KAED 850,000 · Apr 2024April 2024 | 85,000 /yr | |
| R606 | 1-bed | 791 sqft | No registered sale | 200,000 /yr | |
| R607 | 2-bed | 982 sqft | AED 1.21MAED 1,208,350 · Aug 2015August 2015 | 105,000 /yr |
R601, Ontario Tower in numbers
- Sold once: by Rose Homes Investment on 9 September 2012 for AED 447,700, or AED 1,113 per sqft.
- Rented since September 2014 on 13 Ejari contracts. The rent fell from AED 70,000 to AED 36,000 in 2021 and recovered to AED 60,000 by May 2026.
- At AED 60,000 a year the gross yield on the 2012 price is 13.4%, before a service charge of about AED 7,200 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 May 2026.
Questions about R601, Ontario Tower
What did unit R601 last sell for?
AED 447,700 on 9 September 2012, sold by the developer: AED 1,113 per sqft for 402 sqft. It is the only registered sale of the unit.
What is the rent for unit R601?
AED 60,000 a year on the contract renewed on 1 May 2026. The previous contract, from May 2025, was AED 60,000; the unit has been rented since September 2014.
How big is unit R601?
402 sqft (37.3 sqm): a studio on the 6th floor of a 25-storey tower completed in 2010.
What is unit R601 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 R601, Ontario Tower
Starts from the last sale price (AED 448K, 9 September 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 447,700
- Deposit, UAE resident (20%)
- AED 89,540
- Deposit, non-resident (40%)
- AED 179,080
- Monthly over 25 years at 3.7%
- AED 1,832
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →