R2304, Ontario Tower
Sold prices and rental history: sold 3 times, last in January 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for R2304, Ontario Tower
What is R2304 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 20 February 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 802 sqft
- Floor
- 23rd of 25
- Parking
- P1-04
- Developer
- Rose Homes Investment
- Completed
- 2010
- Service charge
- AED 14,300 /yr
- Last sold
- AED 800K · January 2024
- Building
- Ontario Tower
About R2304, Ontario Tower
R2304 is a one-bedroom apartment of 802 sqft on the 23rd floor of Ontario Tower, a 25-storey tower in Business Bay completed in 2010 by Rose Homes Investment. It last sold on 9 January 2024 for AED 800,000, or AED 997 per sqft, 4% above the AED 958 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 20 February 2024, is AED 90,000 a year: a gross yield of 11.3% on the 2024 price, before the service charge of about AED 14,300 a year.
Sales and rents for R2304 over time
R2304 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 R2304 sits
All 89 1-beds →R2304 last sold in January 2024 at AED 997 per sqft, 4% above what one-beds in Ontario Tower were fetching at the time (AED 958). 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. R2304's AED 90,000 is in the upper 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 23rd floor
All 175 units in Ontario Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| R2301 | Studio | 402 sqft | AED 570KAED 570,000 · Apr 2023April 2023 | 54,000 /yr | |
| R2302 | 2-bed | 982 sqft | AED 1.2MAED 1,200,000 · Jan 2017January 2017 | 110,000 /yr | |
| R2303 | 1-bed | 803 sqft | AED 955KAED 955,000 · Jan 2025January 2025 | 68,000 /yr | |
| R2305 | 1-bed | 802 sqft | AED 1MAED 1,000,000 · Jan 2017January 2017 | 73,000 /yr | |
| R2306 | 1-bed | 791 sqft | AED 900KAED 900,000 · Jan 2017January 2017 | 63,000 /yr | |
| R2307 | 2-bed | 982 sqft | AED 1.2MAED 1,200,000 · Jan 2017January 2017 | 105,000 /yr |
R2304, Ontario Tower in numbers
- Sold 3 times: first on 30 June 2013 for AED 1,124,838, last on 9 January 2024 for AED 800,000 (AED 997 per sqft).
- Rented since August 2014 on 9 Ejari contracts. The rent fell from AED 63,250 to AED 44,000 in 2021 and recovered to AED 90,000 by February 2024.
- At AED 90,000 a year the gross yield on the 2024 price is 11.3%, 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: YallaValue analysis of Dubai Land Department records. Updated 20 February 2024.
Questions about R2304, Ontario Tower
What did unit R2304 last sell for?
AED 800,000 on 9 January 2024: AED 997 per sqft for 802 sqft. The unit has 3 registered sales; the first was AED 1,124,838 in June 2013.
What is the rent for unit R2304?
AED 90,000 a year on the contract signed on 20 February 2024. The previous contract, from September 2022, was AED 54,000; the unit has been rented since August 2014.
How big is unit R2304?
802 sqft (74.5 sqm): a one-bedroom apartment on the 23rd floor of a 25-storey tower completed in 2010.
What is unit R2304 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 R2304, Ontario Tower
Starts from the last sale price (AED 800K, 9 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 800,000
- Deposit, UAE resident (20%)
- AED 160,000
- Deposit, non-resident (40%)
- AED 320,000
- Monthly over 25 years at 3.7%
- AED 3,273
Plus AED 38,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →