R2004, Ontario Tower
Sold prices and rental history: sold 3 times, last in July 2024, 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 R2004, Ontario Tower
What is R2004 worth today?
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Source: Dubai Land Department. Updated 7 January 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 802 sqft
- Floor
- 20th of 25
- Parking
- B1-138
- Developer
- Rose Homes Investment
- Completed
- 2010
- Service charge
- AED 14,300 /yr
- Last sold
- AED 900K · July 2024
- Building
- Ontario Tower
About R2004, Ontario Tower
R2004 is a one-bedroom apartment of 802 sqft on the 20th floor of Ontario Tower, a 25-storey tower in Business Bay completed in 2010 by Rose Homes Investment. It last sold on 16 July 2024 for AED 900,000, or AED 1,122 per sqft, 9% above the AED 1,030 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 7 January 2026, is AED 85,000 a year: a gross yield of 9.4% on the 2024 price, before the service charge of about AED 14,300 a year.
Sales and rents for R2004 over time
R2004 has sold 3 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Ontario Tower, and where R2004 sits
All 89 1-beds →R2004 last sold in July 2024 at AED 1,122 per sqft, 9% above what one-beds in Ontario Tower were fetching at the time (AED 1,030). Over the last 12 months one-beds sold for AED 939,796 to 1,200,000, around AED 1,324 per sqft, and rent for AED 62,000 to 110,000 a year. R2004's AED 85,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Feb 20263 February 2026 | 803 sqft | 1,200,000 | 1,494 | ||
| 2 Jan 20262 January 2026 | 802 sqft | 1,062,040 | 1,324 | ||
| 23 Dec 202523 December 2025 | 802 sqft | 1,075,000 | 1,340 | ||
| 2 Jul 20252 July 2025 | 803 sqft | 1,000,000 | 1,245 |
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 20th floor
All 175 units in Ontario Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| R2001 | Studio | 402 sqft | AED 390KAED 390,000 · Jul 2020July 2020 | 58,750 /yr | |
| R2002 | 2-bed | 982 sqft | AED 850KAED 850,000 · Nov 2019November 2019 | 117,500 /yr | |
| R2003 | 1-bed | 803 sqft | AED 900KAED 900,000 · Sep 2024September 2024 | 75,000 /yr | |
| R2005 | 1-bed | 802 sqft | AED 765KAED 765,000 · Mar 2023March 2023 | 40,000 /yr | |
| R2006 | 1-bed | 791 sqft | AED 800KAED 800,000 · Sep 2024September 2024 | 73,500 /yr | |
| R2007 | 2-bed | 982 sqft | AED 1.52MAED 1,519,924 · Feb 2026February 2026 | 120,000 /yr |
R2004, Ontario Tower in numbers
- Sold 3 times: first on 8 August 2009 for AED 929,214, last on 16 July 2024 for AED 900,000 (AED 1,122 per sqft).
- Rented since July 2017 on 8 Ejari contracts. The rent fell from AED 78,750 to AED 42,000 in 2020 and recovered to AED 85,000 by January 2026.
- At AED 85,000 a year the gross yield on the 2024 price is 9.4%, before a service charge of about AED 14,300 a year (AED 17.81 per sqft).
- One-beds in Ontario Tower sold for AED 939,796–1,200,000 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 7 January 2026.
Questions about R2004, Ontario Tower
What did unit R2004 last sell for?
AED 900,000 on 16 July 2024: AED 1,122 per sqft for 802 sqft. The unit has 3 registered sales; the first was AED 929,214 in August 2009.
What is the rent for unit R2004?
AED 85,000 a year on the contract signed on 7 January 2026. The previous contract, from March 2025, was AED 70,000; the unit has been rented since July 2017.
How big is unit R2004?
802 sqft (74.5 sqm): a one-bedroom apartment on the 20th floor of a 25-storey tower completed in 2010.
What is unit R2004 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Ontario Tower sold for AED 939,796 to 1,200,000 in the last 12 months, around AED 1,324 per sqft.
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Mortgage on R2004, Ontario Tower
Starts from the last sale price (AED 900K, 16 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 900,000
- Deposit, UAE resident (20%)
- AED 180,000
- Deposit, non-resident (40%)
- AED 360,000
- Monthly over 25 years at 3.7%
- AED 3,682
Plus AED 42,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →