R1002, Ontario Tower
Sold prices and rental history: sold 4 times, last in August 2025, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for R1002, Ontario Tower
What is R1002 worth today?
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Source: Dubai Land Department. Updated 24 September 2025.
Key facts
- Type
- Apartment
- Size
- 982 sqft
- Floor
- 10th of 25
- Parking
- B1-64
- Developer
- Rose Homes Investment
- Completed
- 2010
- Service charge
- AED 17,500 /yr
- Last sold
- AED 1.18M · August 2025
- Building
- Ontario Tower
About R1002, Ontario Tower
R1002 is an apartment of 982 sqft on the 10th floor of Ontario Tower, a 25-storey tower in Business Bay completed in 2010 by Rose Homes Investment. It last sold on 29 August 2025 for AED 1,175,000, or AED 1,196 per sqft.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 24 September 2025, is AED 125,000 a year: a gross yield of 10.6% on the 2025 price, before the service charge of about AED 17,500 a year.
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 | |||||
|---|---|---|---|---|---|
| R1001 | Studio | 402 sqft | AED 424KAED 423,832 · May 2011May 2011 | ||
| 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 |
R1002, Ontario Tower in numbers
- Sold 4 times: first on 4 April 2011 for AED 1,100,000, last on 29 August 2025 for AED 1,175,000 (AED 1,196 per sqft).
- Rented since March 2017 on 6 Ejari contracts. The rent fell from AED 96,373 to AED 52,000 in 2021 and recovered to AED 125,000 by September 2025.
- At AED 125,000 a year the gross yield on the 2025 price is 10.6%, before a service charge of about AED 17,500 a year (AED 17.81 per sqft).
Source: Dubai Land Department. Updated 24 September 2025.
Questions about R1002, Ontario Tower
What did unit R1002 last sell for?
AED 1,175,000 on 29 August 2025: AED 1,196 per sqft for 982 sqft. The unit has 4 registered sales; the first was AED 1,100,000 in April 2011.
What is the rent for unit R1002?
AED 125,000 a year on the contract signed on 24 September 2025. The previous contract, from February 2024, was AED 75,670; the unit has been rented since March 2017.
How big is unit R1002?
982 sqft (91.2 sqm): an apartment on the 10th floor of a 25-storey tower completed in 2010.
What is unit R1002 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on R1002, Ontario Tower
Starts from the last sale price (AED 1.18M, 29 August 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,175,000
- Deposit, UAE resident (20%)
- AED 235,000
- Deposit, non-resident (40%)
- AED 470,000
- Monthly over 25 years at 3.7%
- AED 4,807
Plus AED 54,360 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →