2-bed · 982 sqftOntario Tower, Business Bay · 9th floor · completed 2010

R902, Ontario Tower

Sold prices and rental history: sold 3 times, last in March 2025, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit R902 · DLD and Ejari recordsUpdated 27 March 2025
Last soldAED 1.29M27 March 2025
Current rentAED 101K /yr10 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for R902, Ontario Tower

What is R902 worth today?

Last sold for AED 1,290,000 in 2025

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27 Mar 2025SoldReady
AED 1,290,000AED 1,313 per sqft
10 Jun 2024RentedRenewal
AED 101,200/yr12 months · AED 103 per sqft
10 Jun 2023RentedRenewal
AED 92,000/yr12 months · AED 94 per sqft
10 Jun 2022RentedNew contract
AED 73,000/yr12 months · AED 75 per sqft
7 May 2021RentedNew contract
AED 50,000/yr12 months · AED 51 per sqft
10 May 2020RentedNew contract
AED 60,000/yr12 months · AED 61 per sqft
8 Mar 2019RentedRenewal
AED 77,000/yr12 months · AED 79 per sqft
4 Jul 2017RentedNew contract
AED 90,000/yr12 months · AED 92 per sqft

Source: Dubai Land Department. Updated 27 March 2025.

Key facts

Type
2-bed apartment
Size
982 sqft
Floor
9th of 25
Parking
B1-58
Developer
Rose Homes Investment
Completed
2010
Service charge
AED 17,500 /yr
Last sold
AED 1.29M · March 2025

About R902, Ontario Tower

R902 is a two-bedroom apartment of 982 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 27 March 2025 for AED 1,290,000, or AED 1,313 per sqft, in line with the AED 1,313 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 10 June 2024, is AED 101,200 a year: a gross yield of 7.8% on the 2025 price, before the service charge of about AED 17,500 a year.

Sales and rents for R902 over time

Sales
Unit R902, 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, April 2013: AED 1,070,023 (AED 1,089 per sqft)Sold, July 2013: AED 1,220,000 (AED 1,242 per sqft)Sold, March 2025: AED 1,290,000 (AED 1,313 per sqft)

R902 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit R902, 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, June 2014: AED 95,000 a yearNew contract, July 2017: AED 90,000 a yearRenewal, March 2019: AED 77,000 a yearNew contract, May 2020: AED 60,000 a yearNew contract, May 2021: AED 50,000 a yearNew contract, June 2022: AED 73,000 a yearRenewal, June 2023: AED 92,000 a yearRenewal, June 2024: AED 101,200 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 R902 sits

All 51 2-beds →

R902 last sold in March 2025 at AED 1,313 per sqft, in line with what two-beds in Ontario Tower were fetching at the time (AED 1,313). 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. R902's AED 101,200 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
18 Sep 20261,184,000
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 9th floor

All 175 units in Ontario Tower
Value
R901StudioAED 300K · Apr 2016
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

R902, Ontario Tower in numbers

  • Sold 3 times: first on 1 April 2013 for AED 1,070,023, last on 27 March 2025 for AED 1,290,000 (AED 1,313 per sqft).
  • Rented since June 2014 on 8 Ejari contracts. The rent fell from AED 95,000 to AED 50,000 in 2021 and recovered to AED 101,200 by June 2024.
  • At AED 101,200 a year the gross yield on the 2025 price is 7.8%, 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 27 March 2025.

Questions about R902, Ontario Tower

What did unit R902 last sell for?

AED 1,290,000 on 27 March 2025: AED 1,313 per sqft for 982 sqft. The unit has 3 registered sales; the first was AED 1,070,023 in April 2013.

What is the rent for unit R902?

AED 101,200 a year on the contract renewed on 10 June 2024. The previous contract, from June 2023, was AED 92,000; the unit has been rented since June 2014.

How big is unit R902?

982 sqft (91.2 sqm): a two-bedroom apartment on the 9th floor of a 25-storey tower completed in 2010.

What is unit R902 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 R902, Ontario Tower

Starts from the last sale price (AED 1.29M, 27 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,290,000
Deposit, UAE resident (20%)
AED 258,000
Deposit, non-resident (40%)
AED 516,000
Monthly over 25 years at 3.7%
AED 5,278

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