Studio · 402 sqftOntario Tower, Business Bay · 19th floor · completed 2010

R1901, Ontario Tower

Sold prices and rental history: sold twice, last in August 2013, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit R1901 · DLD and Ejari recordsUpdated 1 September 2025
Last soldAED 590K25 August 2013
Current rentAED 57K /yr1 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for R1901, Ontario Tower

What is R1901 worth today?

Last sold for AED 590,000 in 2013

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1 Sep 2025RentedNew contract
AED 57,000/yr12 months · AED 142 per sqft
11 Jun 2025RentedRenewal
AED 46,000/yr12 months · AED 114 per sqft
11 Jun 2024RentedRenewal
AED 46,000/yr12 months · AED 114 per sqft
11 Dec 2022RentedRenewal
AED 44,000/yr6 months · AED 109 per sqft
11 Jun 2022RentedNew contract
AED 44,000/yr6 months · AED 109 per sqft
15 Jun 2021RentedNew contract
AED 34,000/yr12 months · AED 85 per sqft
1 Aug 2020RentedNew contract
AED 40,000/yr12 months · AED 99 per sqft
25 Jul 2019RentedNew contract
AED 40,000/yr12 months · AED 99 per sqft

Source: Dubai Land Department. Updated 1 September 2025.

Key facts

Type
Studio apartment
Size
402 sqft
Floor
19th of 25
Parking
B1-146
Developer
Rose Homes Investment
Completed
2010
Service charge
AED 7,200 /yr
Last sold
AED 590K · August 2013

About R1901, Ontario Tower

R1901 is a studio of 402 sqft on the 19th floor of Ontario Tower, a 25-storey tower in Business Bay completed in 2010 by Rose Homes Investment. It last sold on 25 August 2013 for AED 590,000, or AED 1,467 per sqft, 7% above the AED 1,377 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, signed on 1 September 2025, is AED 57,000 a year: a gross yield of 9.7% on the 2013 price, before the service charge of about AED 7,200 a year.

Sales and rents for R1901 over time

Sales
Unit R1901, each saleTypical studio in Ontario Tower
500K600K20092013201720212025Typical sale price by year: 2009 AED 435,942; 2011 AED 447,971; 2012 AED 437,949; 2013 AED 557,037; 2016 AED 475,000; 2024 AED 500,000Sold by developer, January 2012: AED 441,195 (AED 1,097 per sqft)Sold, August 2013: AED 590,000 (AED 1,467 per sqft)

R1901 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit R1901, each contractTypical studio in Ontario Tower
40K60K2014201820222026Typical rent by year: 2014 AED 64,500; 2015 AED 65,000; 2016 AED 60,000; 2017 AED 57,500; 2018 AED 46,000; 2019 AED 40,000; 2020 AED 38,000; 2021 AED 33,000; 2022 AED 44,000; 2023 AED 47,875; 2024 AED 54,800; 2025 AED 57,000New contract, June 2018: AED 48,000 a yearNew contract, July 2019: AED 40,000 a yearNew contract, August 2020: AED 40,000 a yearNew contract, June 2021: AED 34,000 a yearNew contract, June 2022: AED 44,000 a yearRenewal, December 2022: AED 44,000 a yearRenewal, June 2024: AED 46,000 a yearRenewal, June 2025: AED 46,000 a yearNew contract, September 2025: AED 57,000 a year

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 R1901 sits

All 22 studios →

R1901 last sold in August 2013 at AED 1,467 per sqft, 7% above what studios in Ontario Tower were fetching at the time (AED 1,377). 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 salesUnit no.Price (AED)Summary
8 Jan 2026740,000
15 May 2024635,000
14 Mar 2024255,000
1 Mar 2024500,000
1 studio sale 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. 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%
Ontario Tower, Business Bay: prices, sales and rents →

Other units on the 19th floor

All 175 units in Ontario Tower
Value
R19022-bedAED 1.07M · Nov 2014
R19031-bedAED 770K · Jul 2023
R19041-bedAED 860K · May 2024
R19051-bedAED 831K · Jun 2012
R19061-bedAED 828K · Aug 2009
R1907AED 1.2M · Oct 2025

R1901, Ontario Tower in numbers

  • Sold twice: first on 18 January 2012 for AED 441,195, last on 25 August 2013 for AED 590,000 (AED 1,467 per sqft).
  • Rented since June 2018 on 9 Ejari contracts. The rent fell from AED 48,000 to AED 34,000 in 2021 and recovered to AED 57,000 by September 2025.
  • At AED 57,000 a year the gross yield on the 2013 price is 9.7%, before a service charge of about AED 7,200 a year (AED 17.81 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: Dubai Land Department. Updated 1 September 2025.

Questions about R1901, Ontario Tower

What did unit R1901 last sell for?

AED 590,000 on 25 August 2013: AED 1,467 per sqft for 402 sqft. The unit has 2 registered sales; the first was AED 441,195 in January 2012.

What is the rent for unit R1901?

AED 57,000 a year on the contract signed on 1 September 2025. The previous contract, from June 2025, was AED 46,000; the unit has been rented since June 2018.

How big is unit R1901?

402 sqft (37.3 sqm): a studio on the 19th floor of a 25-storey tower completed in 2010.

What is unit R1901 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 R1901, Ontario Tower

Starts from the last sale price (AED 590K, 25 August 2013). Switch to today's estimate once you have unlocked it.
Price
AED 590,000
Deposit, UAE resident (20%)
AED 118,000
Deposit, non-resident (40%)
AED 236,000
Monthly over 25 years at 3.7%
AED 2,414

Plus AED 29,790 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →