R2205, Ontario Tower
Sold prices and rental history: sold 3 times, last in March 2014, 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 R2205, Ontario Tower
What is R2205 worth today?
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Source: Dubai Land Department. Updated 22 May 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 802 sqft
- Floor
- 22nd of 25
- Parking
- B1-159
- Developer
- Rose Homes Investment
- Completed
- 2010
- Service charge
- AED 14,300 /yr
- Last sold
- AED 1.2M · March 2014
- Building
- Ontario Tower
About R2205, Ontario Tower
R2205 is a one-bedroom apartment of 802 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 March 2014 for AED 1,200,000, or AED 1,496 per sqft, 7% above the AED 1,395 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 22 May 2023, is AED 62,920 a year: a gross yield of 5.2% on the 2014 price, before the service charge of about AED 14,300 a year.
Sales and rents for R2205 over time
R2205 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 R2205 sits
All 89 1-beds →R2205 last sold in March 2014 at AED 1,496 per sqft, 7% above what one-beds in Ontario Tower were fetching at the time (AED 1,395). 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. R2205's AED 62,920 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 22nd floor
All 175 units in Ontario Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| R2201 | Studio | 402 sqft | AED 650KAED 650,000 · Nov 2013November 2013 | 47,000 /yr | |
| R2202 | 2-bed | 982 sqft | AED 1.38MAED 1,380,000 · Dec 2013December 2013 | 90,000 /yr | |
| R2203 | 1-bed | 803 sqft | AED 840KAED 840,000 · Dec 2024December 2024 | 75,000 /yr | |
| R2204 | 1-bed | 802 sqft | AED 850KAED 850,000 · Sep 2024September 2024 | 70,000 /yr | |
| R2206 | 1-bed | 791 sqft | AED 860KAED 860,000 · Jun 2024June 2024 | 125,000 /yr | |
| R2207 | 2-bed | 982 sqft | AED 1.38MAED 1,375,000 · Nov 2013November 2013 | 91,140 /yr |
R2205, Ontario Tower in numbers
- Sold 3 times: first on 24 March 2009 for AED 1,124,838, last on 17 March 2014 for AED 1,200,000 (AED 1,496 per sqft).
- Rented since November 2016 on 6 Ejari contracts. The rent fell from AED 84,000 to AED 45,000 in 2021 and recovered to AED 62,920 by May 2023.
- At AED 62,920 a year the gross yield on the 2014 price is 5.2%, 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 22 May 2023.
Questions about R2205, Ontario Tower
What did unit R2205 last sell for?
AED 1,200,000 on 17 March 2014: AED 1,496 per sqft for 802 sqft. The unit has 3 registered sales; the first was AED 1,124,838 in March 2009.
What is the rent for unit R2205?
AED 62,920 a year on the contract renewed on 22 May 2023. The previous contract, from May 2022, was AED 52,000; the unit has been rented since November 2016.
How big is unit R2205?
802 sqft (74.5 sqm): a one-bedroom apartment on the 22nd floor of a 25-storey tower completed in 2010.
What is unit R2205 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 R2205, Ontario Tower
Starts from the last sale price (AED 1.2M, 17 March 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,200,000
- Deposit, UAE resident (20%)
- AED 240,000
- Deposit, non-resident (40%)
- AED 480,000
- Monthly over 25 years at 3.7%
- AED 4,910
Plus AED 55,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →