R1001, Ontario Tower
Sold prices and rental history: sold once, by the developer in May 2011, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for R1001, Ontario Tower
What is R1001 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 24 May 2011.
Key facts
- Type
- Studio apartment
- Size
- 402 sqft
- Floor
- 10th of 25
- Parking
- B1-63
- Developer
- Rose Homes Investment
- Completed
- 2010
- Service charge
- AED 7,200 /yr
- Last sold
- AED 424K · May 2011
- Building
- Ontario Tower
About R1001, Ontario Tower
R1001 is a studio of 402 sqft on the 10th floor of Ontario Tower, a 25-storey tower in Business Bay completed in 2010 by Rose Homes Investment. The developer sold it on 24 May 2011 for AED 423,832, or AED 1,054 per sqft, 8% below the AED 1,144 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for R1001 over time
R1001 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 R1001 sits
All 22 studios →R1001 last sold in May 2011 at AED 1,054 per sqft, 8% below what studios in Ontario Tower were fetching at the time (AED 1,144). Over the last 12 months studios sold for AED 740,000, around AED 1,840 per sqft, and rent for AED 66,150 to 78,000 a year.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Jan 20268 January 2026 | 402 sqft | 740,000 | 1,840 | ||
| 15 May 202415 May 2024 | 402 sqft | 635,000 | 1,579 | ||
| 14 Mar 202414 March 2024 | 201 sqft | 255,000 | 1,266 | ||
| 1 Mar 20241 March 2024 | 402 sqft | 500,000 | 1,243 |
Ontario Tower
Building175 apartments, studios to 2-bed over 25 floors in Business Bay, completed in 2010 by Rose Homes Investment. 12 sold in the last 12 months.
- Typical price per sqft
- AED 1,332 Up 11.2%
- Typical sale
- AED 1.09M
- Typical rent
- AED 80K /yr
- Typical yield
- 7.4%
Other units on the 10th floor
All 175 units in Ontario Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| R1002 | 982 sqft | AED 1.18MAED 1,175,000 · Aug 2025August 2025 | 125,000 /yr | ||
| R1003 | 1-bed | 803 sqft | AED 828KAED 828,418 · Dec 2012December 2012 | 75,000 /yr | |
| R1004 | 1-bed | 802 sqft | AED 200KAED 200,000 · Mar 2023March 2023 | 70,000 /yr | |
| R1005 | 1-bed | 802 sqft | AED 910KAED 910,000 · Dec 2024December 2024 | 90,000 /yr | |
| R1006 | 1-bed | 791 sqft | AED 975KAED 974,610 · Aug 2011August 2011 | 42,000 /yr | |
| R1007 | 2-bed | 982 sqft | AED 1.12MAED 1,117,058 · Oct 2011October 2011 | 75,000 /yr |
R1001, Ontario Tower in numbers
- Sold once: by Rose Homes Investment on 24 May 2011 for AED 423,832, or AED 1,054 per sqft.
- Studios in Ontario Tower sold for AED 740,000–740,000 in the 12 months to November 2026; the building's median across all types is AED 1,332 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 24 May 2011.
Questions about R1001, Ontario Tower
What did unit R1001 last sell for?
AED 423,832 on 24 May 2011, sold by the developer: AED 1,054 per sqft for 402 sqft. It is the only registered sale of the unit.
How big is unit R1001?
402 sqft (37.3 sqm): a studio on the 10th floor of a 25-storey tower completed in 2010.
What is unit R1001 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 740,000 to 740,000 in the last 12 months, around AED 1,840 per sqft.
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Mortgage on R1001, Ontario Tower
Starts from the last sale price (AED 424K, 24 May 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 423,832
- Deposit, UAE resident (20%)
- AED 84,766
- Deposit, non-resident (40%)
- AED 169,533
- Monthly over 25 years at 3.7%
- AED 1,734
Plus AED 20,711 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →