R1402, Ontario Tower
Sold prices and rental history: sold 3 times, last in November 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for R1402, Ontario Tower
What is R1402 worth today?
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Source: Dubai Land Department. Updated 7 July 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 982 sqft
- Floor
- 14th of 25
- Parking
- B1-92
- Developer
- Rose Homes Investment
- Completed
- 2010
- Service charge
- AED 17,500 /yr
- Last sold
- AED 1.1M · November 2024
- Building
- Ontario Tower
About R1402, Ontario Tower
R1402 is a two-bedroom apartment of 982 sqft on the 14th floor of Ontario Tower, a 25-storey tower in Business Bay completed in 2010 by Rose Homes Investment. It last sold on 4 November 2024 for AED 1,100,000, or AED 1,120 per sqft, in line with the AED 1,120 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 7 July 2025, is AED 112,000 a year: a gross yield of 10.2% on the 2024 price, before the service charge of about AED 17,500 a year.
Sales and rents for R1402 over time
R1402 has sold 3 times; 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 R1402 sits
All 43 2-beds →R1402 last sold in November 2024 at AED 1,120 per sqft, in line with what two-beds in Ontario Tower were fetching at the time (AED 1,120). 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. R1402's AED 112,000 is in the upper 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 14th floor
All 175 units in Ontario Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| R1401 | Studio | 402 sqft | AED 400KAED 400,000 · Jun 2012June 2012 | 54,600 /yr | |
| R1403 | 1-bed | 40 sqft | AED 50KAED 50,000 · Mar 2016March 2016 | ||
| R1404 | 802 sqft | AED 946KAED 946,000 · Dec 2025December 2025 | 80,000 /yr | ||
| R1405 | 1-bed | 802 sqft | AED 930KAED 930,000 · Jul 2017July 2017 | 75,000 /yr | |
| R1406 | 1-bed | 791 sqft | AED 925KAED 925,000 · Jun 2025June 2025 | 60,000 /yr | |
| R1407 | 2-bed | 491 sqft | AED 683KAED 683,227 · Mar 2025March 2025 | 65,000 /yr |
R1402, Ontario Tower in numbers
- Sold 3 times: first on 6 August 2009 for AED 1,058,265, last on 4 November 2024 for AED 1,100,000 (AED 1,120 per sqft).
- Rented since February 2018 on 5 Ejari contracts. The rent fell from AED 85,000 to AED 50,000 in 2021 and recovered to AED 112,000 by July 2025.
- At AED 112,000 a year the gross yield on the 2024 price is 10.2%, 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 7 July 2025.
Questions about R1402, Ontario Tower
What did unit R1402 last sell for?
AED 1,100,000 on 4 November 2024: AED 1,120 per sqft for 982 sqft. The unit has 3 registered sales; the first was AED 1,058,265 in August 2009.
What is the rent for unit R1402?
AED 112,000 a year on the contract signed on 7 July 2025. The previous contract, from April 2022, was AED 66,000; the unit has been rented since February 2018.
How big is unit R1402?
982 sqft (91.2 sqm): a two-bedroom apartment on the 14th floor of a 25-storey tower completed in 2010.
What is unit R1402 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 R1402, Ontario Tower
Starts from the last sale price (AED 1.1M, 4 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,100,000
- Deposit, UAE resident (20%)
- AED 220,000
- Deposit, non-resident (40%)
- AED 440,000
- Monthly over 25 years at 3.7%
- AED 4,500
Plus AED 51,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →