R2306, Ontario Tower
Sold prices and rental history: sold 3 times, last in January 2017, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for R2306, Ontario Tower
What is R2306 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 9 November 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 791 sqft
- Floor
- 23rd of 25
- Parking
- P1-06
- Developer
- Rose Homes Investment
- Completed
- 2010
- Service charge
- AED 14,100 /yr
- Last sold
- AED 900K · January 2017
- Building
- Ontario Tower
About R2306, Ontario Tower
R2306 is a one-bedroom apartment of 791 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 16 January 2017 for AED 900,000, or AED 1,137 per sqft, 9% below the AED 1,252 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 9 November 2022, is AED 63,000 a year: a gross yield of 7.0% on the 2017 price, before the service charge of about AED 14,100 a year.
Sales and rents for R2306 over time
R2306 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 R2306 sits
All 89 1-beds →R2306 last sold in January 2017 at AED 1,137 per sqft, 9% below what one-beds in Ontario Tower were fetching at the time (AED 1,252). 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. R2306's AED 63,000 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 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 | |
| R2304 | 1-bed | 802 sqft | AED 800KAED 800,000 · Jan 2024January 2024 | 90,000 /yr | |
| R2305 | 1-bed | 802 sqft | AED 1MAED 1,000,000 · Jan 2017January 2017 | 73,000 /yr | |
| R2307 | 2-bed | 982 sqft | AED 1.2MAED 1,200,000 · Jan 2017January 2017 | 105,000 /yr |
R2306, Ontario Tower in numbers
- Sold 3 times: first on 24 March 2009 for AED 1,120,801, last on 16 January 2017 for AED 900,000 (AED 1,137 per sqft).
- Rented since February 2015 on 8 Ejari contracts. The rent fell from AED 80,000 to AED 46,000 in 2021 and recovered to AED 63,000 by November 2022.
- At AED 63,000 a year the gross yield on the 2017 price is 7.0%, before a service charge of about AED 14,100 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 9 November 2022.
Questions about R2306, Ontario Tower
What did unit R2306 last sell for?
AED 900,000 on 16 January 2017: AED 1,137 per sqft for 791 sqft. The unit has 3 registered sales; the first was AED 1,120,801 in March 2009.
What is the rent for unit R2306?
AED 63,000 a year on the contract renewed on 9 November 2022. The previous contract, from November 2021, was AED 46,000; the unit has been rented since February 2015.
How big is unit R2306?
791 sqft (73.5 sqm): a one-bedroom apartment on the 23rd floor of a 25-storey tower completed in 2010.
What is unit R2306 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 R2306, Ontario Tower
Starts from the last sale price (AED 900K, 16 January 2017). 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 →