R107, Ontario Tower
Sold prices and rental history: sold twice, last in December 2022, 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 R107, Ontario Tower
What is R107 worth today?
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Source: Dubai Land Department. Updated 12 December 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 982 sqft
- Floor
- 1st of 25
- Parking
- B1-07
- Developer
- Rose Homes Investment
- Completed
- 2010
- Service charge
- AED 17,500 /yr
- Last sold
- AED 860K · December 2022
- Building
- Ontario Tower
About R107, Ontario Tower
R107 is a two-bedroom apartment of 982 sqft on the 1st floor of Ontario Tower, a 25-storey tower in Business Bay completed in 2010 by Rose Homes Investment. It last sold on 9 December 2022 for AED 860,000, or AED 875 per sqft, in line with the AED 875 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 12 December 2024, is AED 104,500 a year: a gross yield of 12.2% on the 2022 price, before the service charge of about AED 17,500 a year.
Sales and rents for R107 over time
R107 has sold twice; the dashed line is the two-bed median of each year in the building.
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 R107 sits
All 43 2-beds →R107 last sold in December 2022 at AED 875 per sqft, in line with what two-beds in Ontario Tower were fetching at the time (AED 875). Over the last 12 months two-beds sold for AED 1,180,000 to 1,519,924, around AED 1,349 per sqft, and rent for AED 60,000 to 162,000 a year. R107's AED 104,500 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Feb 202618 February 2026 | 982 sqft | 1,519,924 | 1,547 | ||
| 13 Jan 202613 January 2026 | 982 sqft | 1,300,000 | 1,323 | ||
| 12 Dec 202512 December 2025 | 982 sqft | 1,180,000 | 1,201 | ||
| 12 Dec 202512 December 2025 | 982 sqft | 1,350,000 | 1,374 |
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 1st floor
All 175 units in Ontario Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| R101 | Studio | 398 sqft | AED 440KAED 440,000 · Jul 2022July 2022 | 52,000 /yr | |
| R102 | 2-bed | 982 sqft | AED 1.29MAED 1,290,000 · Nov 2024November 2024 | 74,000 /yr | |
| R103 | 1-bed | 807 sqft | AED 840KAED 840,000 · May 2025May 2025 | 42,026 /yr | |
| R104 | 801 sqft | AED 1.1MAED 1,100,000 · Dec 2025December 2025 | 90,000 /yr | ||
| R105 | 1-bed | 800 sqft | AED 800KAED 800,000 · Oct 2024October 2024 | 100,000 /yr | |
| R106 | 1-bed | 796 sqft | AED 870KAED 870,000 · Nov 2024November 2024 | 73,296 /yr |
R107, Ontario Tower in numbers
- Sold twice: first on 12 May 2011 for AED 1,058,265, last on 9 December 2022 for AED 860,000 (AED 875 per sqft).
- Rented since June 2014 on 8 Ejari contracts. The rent fell from AED 105,000 to AED 15,000 in 2016 and recovered to AED 104,500 by December 2024.
- At AED 104,500 a year the gross yield on the 2022 price is 12.2%, before a service charge of about AED 17,500 a year (AED 17.81 per sqft).
- Two-beds in Ontario Tower sold for AED 1,180,000–1,519,924 in the 12 months to November 2026; the building's median across all types is AED 1,332 per sqft.
Source: Dubai Land Department. Updated 12 December 2024.
Questions about R107, Ontario Tower
What did unit R107 last sell for?
AED 860,000 on 9 December 2022: AED 875 per sqft for 982 sqft. The unit has 2 registered sales; the first was AED 1,058,265 in May 2011.
What is the rent for unit R107?
AED 104,500 a year on the contract signed on 12 December 2024. The previous contract, from December 2023, was AED 95,000; the unit has been rented since June 2014.
How big is unit R107?
982 sqft (91.2 sqm): a two-bedroom apartment on the 1st floor of a 25-storey tower completed in 2010.
What is unit R107 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 1,180,000 to 1,519,924 in the last 12 months, around AED 1,349 per sqft.
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Mortgage on R107, Ontario Tower
Starts from the last sale price (AED 860K, 9 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 860,000
- Deposit, UAE resident (20%)
- AED 172,000
- Deposit, non-resident (40%)
- AED 344,000
- Monthly over 25 years at 3.7%
- AED 3,519
Plus AED 41,130 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →