Studio · 201 sqftOntario Tower, Business Bay · 9th floor · completed 2010

R901, Ontario Tower

Sold prices and rental history: sold 3 times, last in April 2016, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit R901 · DLD and Ejari recordsUpdated 18 March 2026
Last soldAED 300K17 April 2016
Current rentAED 70K /yr18 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for R901, Ontario Tower

What is R901 worth today?

Last sold for AED 300,000 in 2016

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18 Mar 2026RentedNew contract
AED 70,000/yr12 months · AED 174 per sqft
20 Feb 2025RentedNew contract
AED 65,000/yr12 months · AED 162 per sqft
20 Feb 2025RentedNew contract
AED 65,000/yr12 months · AED 162 per sqft
15 Feb 2023RentedNew contract
AED 50,000/yr12 months · AED 124 per sqft
10 Nov 2021RentedNew contract
AED 36,000/yr12 months · AED 90 per sqft
17 Apr 2016SoldReady
AED 300,000AED 1,492 per sqft
25 Aug 2013SoldReady
AED 600,000AED 1,492 per sqft
9 Jul 2013Sold by developerReady
AED 460,161AED 1,144 per sqft

Source: Dubai Land Department. Updated 18 March 2026.

Key facts

Type
Studio apartment
Size
201 sqft
Floor
9th of 25
Parking
B1-57
Developer
Rose Homes Investment
Completed
2010
Service charge
AED 3,600 /yr
Last sold
AED 300K · April 2016

About R901, Ontario Tower

R901 is a studio of 201 sqft on the 9th floor of Ontario Tower, a 25-storey tower in Business Bay completed in 2010 by Rose Homes Investment. It last sold on 17 April 2016 for AED 300,000, or AED 1,492 per sqft, in line with the AED 1,492 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 18 March 2026, is AED 70,000 a year: a gross yield of 23.3% on the 2016 price, before the service charge of about AED 3,600 a year.

Sales and rents for R901 over time

Sales
Unit R901, each saleTypical studio in Ontario Tower
400K600K20092013201720212025Typical sale price by year: 2009 AED 447,971; 2011 AED 460,000; 2012 AED 437,949; 2013 AED 557,037; 2016 AED 475,000; 2024 AED 500,000Sold by developer, July 2013: AED 460,161 (AED 1,144 per sqft)Sold, August 2013: AED 600,000 (AED 1,492 per sqft)Sold, April 2016: AED 300,000 (AED 1,492 per sqft)

R901 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit R901, each contractTypical studio in Ontario Tower
40K60K2014201820222026Typical rent by year: 2014 AED 64,500; 2015 AED 65,000; 2016 AED 60,000; 2017 AED 57,500; 2018 AED 47,000; 2019 AED 40,000; 2020 AED 38,000; 2021 AED 32,000; 2022 AED 44,000; 2023 AED 47,250; 2024 AED 55,000; 2025 AED 55,500; 2026 AED 48,500New contract, November 2021: AED 36,000 a yearNew contract, February 2023: AED 50,000 a yearNew contract, February 2025: AED 65,000 a yearNew contract, February 2025: AED 65,000 a yearNew contract, March 2026: AED 70,000 a year

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 R901 sits

All 24 studios →

R901 last sold in April 2016 at AED 1,492 per sqft, in line with what studios in Ontario Tower were fetching at the time (AED 1,492). 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. R901's AED 70,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
15 Sep 2026620,000
8 Jan 2026740,000
4 Nov 2025700,000
20 Oct 2025640,000
2 studio 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 9th floor

All 175 units in Ontario Tower
Value
R9022-bedAED 1.29M · Mar 2025
R9031-bedAED 1M · Jul 2025
R9041-bedAED 555K · Dec 2019
R9051-bedAED 513K · Mar 2017
R9061-bedAED 800K · Jul 2018
R9072-bedAED 1.25M · Sep 2025

R901, Ontario Tower in numbers

  • Sold 3 times: first on 9 July 2013 for AED 460,161, last on 17 April 2016 for AED 300,000 (AED 1,492 per sqft).
  • Rented since November 2021 on 5 Ejari contracts, from AED 36,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2016 price is 23.3%, 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 18 March 2026.

Questions about R901, Ontario Tower

What did unit R901 last sell for?

AED 300,000 on 17 April 2016: AED 1,492 per sqft for 201 sqft. The unit has 3 registered sales; the first was AED 460,161 in July 2013.

What is the rent for unit R901?

AED 70,000 a year on the contract signed on 18 March 2026. The previous contract, from February 2025, was AED 65,000; the unit has been rented since November 2021.

How big is unit R901?

201 sqft (18.7 sqm): a studio on the 9th floor of a 25-storey tower completed in 2010.

What is unit R901 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 R901, Ontario Tower

Starts from the last sale price (AED 300K, 17 April 2016). Switch to today's estimate once you have unlocked it.
Price
AED 300,000
Deposit, UAE resident (20%)
AED 60,000
Deposit, non-resident (40%)
AED 120,000
Monthly over 25 years at 3.7%
AED 1,227

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