R202, Ontario Tower
Sold prices and rental history: sold 3 times, last in February 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for R202, Ontario Tower
What is R202 worth today?
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Source: Dubai Land Department. Updated 3 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 982 sqft
- Floor
- 2nd of 25
- Parking
- B1-09
- Developer
- Rose Homes Investment
- Completed
- 2010
- Service charge
- AED 17,500 /yr
- Last sold
- AED 900K · February 2023
- Building
- Ontario Tower
About R202, Ontario Tower
R202 is a two-bedroom apartment of 982 sqft on the 2nd floor of Ontario Tower, a 25-storey tower in Business Bay completed in 2010 by Rose Homes Investment. It last sold on 24 February 2023 for AED 900,000, or AED 916 per sqft, 5% above the AED 875 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 3 March 2025, is AED 104,500 a year: a gross yield of 11.6% on the 2023 price, before the service charge of about AED 17,500 a year.
Sales and rents for R202 over time
R202 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 R202 sits
All 43 2-beds →R202 last sold in February 2023 at AED 916 per sqft, 5% above 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. R202'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 2nd floor
All 175 units in Ontario Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| R201 | 398 sqft | AED 640KAED 640,000 · Oct 2025October 2025 | 55,000 /yr | ||
| R203 | 1-bed | 807 sqft | AED 815KAED 815,000 · Dec 2024December 2024 | 56,925 /yr | |
| R204 | 1-bed | 801 sqft | AED 800KAED 800,000 · Oct 2024October 2024 | 75,000 /yr | |
| R205 | 1-bed | 800 sqft | AED 810KAED 810,000 · Sep 2024September 2024 | 100,000 /yr | |
| R206 | 1-bed | 796 sqft | AED 820KAED 820,000 · Jul 2024July 2024 | 90,000 /yr | |
| R207 | 982 sqft | AED 1.17MAED 1,170,000 · Oct 2025October 2025 | 100,000 /yr |
R202, Ontario Tower in numbers
- Sold 3 times: first on 3 August 2009 for AED 1,070,024, last on 24 February 2023 for AED 900,000 (AED 916 per sqft).
- Rented since August 2016 on 7 Ejari contracts. The rent fell from AED 105,000 to AED 50,000 in 2021 and recovered to AED 104,500 by March 2025.
- At AED 104,500 a year the gross yield on the 2023 price is 11.6%, 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 3 March 2025.
Questions about R202, Ontario Tower
What did unit R202 last sell for?
AED 900,000 on 24 February 2023: AED 916 per sqft for 982 sqft. The unit has 3 registered sales; the first was AED 1,070,024 in August 2009.
What is the rent for unit R202?
AED 104,500 a year on the contract signed on 3 March 2025. The previous contract, from March 2024, was AED 95,000; the unit has been rented since August 2016.
How big is unit R202?
982 sqft (91.2 sqm): a two-bedroom apartment on the 2nd floor of a 25-storey tower completed in 2010.
What is unit R202 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 R202, Ontario Tower
Starts from the last sale price (AED 900K, 24 February 2023). 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 the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →