2-bed · 982 sqftOntario Tower, Business Bay · 22nd floor · completed 2010

R2202, Ontario Tower

Sold prices and rental history: sold twice, last in December 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit R2202 · DLD and Ejari recordsUpdated 1 November 2025
Last soldAED 1.38M17 December 2013
Current rentAED 90K /yr1 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for R2202, Ontario Tower

What is R2202 worth today?

Last sold for AED 1,380,000 in 2013

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1 Nov 2025RentedNew contract
AED 90,000/yr12 months · AED 92 per sqft
5 May 2024RentedRenewal
AED 86,000/yr12 months · AED 88 per sqft
5 May 2023RentedRenewal
AED 74,750/yr12 months · AED 76 per sqft
5 May 2022RentedRenewal
AED 65,000/yr12 months · AED 66 per sqft
5 May 2021RentedRenewal
AED 55,000/yr12 months · AED 56 per sqft
5 Apr 2020RentedNew contract
AED 60,000/yr12 months · AED 61 per sqft
11 Jan 2019RentedRenewal
AED 85,000/yr12 months · AED 87 per sqft
11 Jan 2018RentedRenewal
AED 95,000/yr12 months · AED 97 per sqft

Source: Dubai Land Department. Updated 1 November 2025.

Key facts

Type
2-bed apartment
Size
982 sqft
Floor
22nd of 25
Parking
B1-156
Developer
Rose Homes Investment
Completed
2010
Service charge
AED 17,500 /yr
Last sold
AED 1.38M · December 2013

About R2202, Ontario Tower

R2202 is a two-bedroom apartment of 982 sqft on the 22nd floor of Ontario Tower, a 25-storey tower in Business Bay completed in 2010 by Rose Homes Investment. It last sold on 17 December 2013 for AED 1,380,000, or AED 1,405 per sqft, 6% above the AED 1,323 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, signed on 1 November 2025, is AED 90,000 a year: a gross yield of 6.5% on the 2013 price, before the service charge of about AED 17,500 a year.

Sales and rents for R2202 over time

Sales
Unit R2202, each saleTypical two-bed in Ontario Tower
1M1.25M2009201420192024Typical sale price by year: 2009 AED 1,096,633; 2011 AED 1,117,000; 2012 AED 1,029,133; 2013 AED 1,300,000; 2014 AED 1,260,012; 2017 AED 1,200,000; 2019 AED 875,000; 2022 AED 860,000; 2023 AED 875,000; 2024 AED 1,290,000; 2025 AED 1,220,000Sold by developer, June 2013: AED 1,352,228 (AED 1,377 per sqft)Sold, December 2013: AED 1,380,000 (AED 1,405 per sqft)

R2202 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit R2202, each contractTypical two-bed in Ontario Tower
50K75K100K2013201720212025Typical rent by year: 2013 AED 69,613; 2014 AED 93,500; 2015 AED 105,000; 2016 AED 101,550; 2017 AED 95,000; 2018 AED 80,000; 2019 AED 70,000; 2020 AED 60,000; 2021 AED 55,000; 2022 AED 65,000; 2023 AED 95,000; 2024 AED 102,850; 2025 AED 104,500; 2026 AED 103,000New contract, January 2014: AED 100,000 a yearRenewal, January 2015: AED 108,000 a yearRenewal, January 2017: AED 108,000 a yearRenewal, January 2018: AED 95,000 a yearRenewal, January 2019: AED 85,000 a yearNew contract, April 2020: AED 60,000 a yearRenewal, May 2021: AED 55,000 a yearRenewal, May 2022: AED 65,000 a yearRenewal, May 2023: AED 74,750 a yearRenewal, May 2024: AED 86,000 a yearNew contract, November 2025: AED 90,000 a year

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 R2202 sits

All 43 2-beds →

R2202 last sold in December 2013 at AED 1,405 per sqft, 6% above what two-beds in Ontario Tower were fetching at the time (AED 1,323). 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. R2202's AED 90,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
18 Feb 20261,519,924
13 Jan 20261,300,000
12 Dec 20251,180,000
12 Dec 20251,350,000
4 2-bed sales 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 22nd floor

All 175 units in Ontario Tower
Value
R2201StudioAED 650K · Nov 2013
R22031-bedAED 840K · Dec 2024
R22041-bedAED 850K · Sep 2024
R22051-bedAED 1.2M · Mar 2014
R22061-bedAED 860K · Jun 2024
R22072-bedAED 1.38M · Nov 2013

R2202, Ontario Tower in numbers

  • Sold twice: first on 30 June 2013 for AED 1,352,228, last on 17 December 2013 for AED 1,380,000 (AED 1,405 per sqft).
  • Rented since January 2014 on 11 Ejari contracts. The rent fell from AED 100,000 to AED 55,000 in 2021 and recovered to AED 90,000 by November 2025.
  • At AED 90,000 a year the gross yield on the 2013 price is 6.5%, 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 1 November 2025.

Questions about R2202, Ontario Tower

What did unit R2202 last sell for?

AED 1,380,000 on 17 December 2013: AED 1,405 per sqft for 982 sqft. The unit has 2 registered sales; the first was AED 1,352,228 in June 2013.

What is the rent for unit R2202?

AED 90,000 a year on the contract signed on 1 November 2025. The previous contract, from May 2024, was AED 86,000; the unit has been rented since January 2014.

How big is unit R2202?

982 sqft (91.2 sqm): a two-bedroom apartment on the 22nd floor of a 25-storey tower completed in 2010.

What is unit R2202 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 R2202, Ontario Tower

Starts from the last sale price (AED 1.38M, 17 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,380,000
Deposit, UAE resident (20%)
AED 276,000
Deposit, non-resident (40%)
AED 552,000
Monthly over 25 years at 3.7%
AED 5,646

Plus AED 62,970 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →