R2403, Ontario Tower
Sold prices and rental history: sold 4 times, last in July 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for R2403, Ontario Tower
What is R2403 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 16 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 803 sqft
- Floor
- 24th of 25
- Parking
- P1-10
- Developer
- Rose Homes Investment
- Completed
- 2010
- Service charge
- AED 14,300 /yr
- Last sold
- AED 700K · July 2024
- Building
- Ontario Tower
About R2403, Ontario Tower
R2403 is a one-bedroom apartment of 803 sqft on the 24th floor of Ontario Tower, a 25-storey tower in Business Bay completed in 2010 by Rose Homes Investment. It last sold on 16 July 2024 for AED 700,000, or AED 871 per sqft, 15% below the AED 1,030 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 20 January 2024, is AED 83,000 a year: a gross yield of 11.9% on the 2024 price, before the service charge of about AED 14,300 a year.
Sales and rents for R2403 over time
R2403 has sold 4 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 R2403 sits
All 89 1-beds →R2403 last sold in July 2024 at AED 871 per sqft, 15% below what one-beds in Ontario Tower were fetching at the time (AED 1,030). 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. R2403's AED 83,000 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 24th floor
All 175 units in Ontario Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| R2401 | Studio | 402 sqft | AED 725KAED 725,000 · Oct 2016October 2016 | 50,000 /yr | |
| R2402 | 2-bed | 982 sqft | AED 1.16MAED 1,160,000 · Dec 2022December 2022 | 85,000 /yr | |
| R2404 | 1-bed | 802 sqft | AED 980KAED 980,000 · Aug 2017August 2017 | 85,000 /yr | |
| R2405 | 1-bed | 802 sqft | AED 1MAED 1,000,000 · Jul 2024July 2024 | 90,000 /yr | |
| R2406 | 1-bed | 791 sqft | AED 1.05MAED 1,050,000 · Apr 2025April 2025 | 70,189 /yr | |
| R2407 | 2-bed | 982 sqft | AED 1.3MAED 1,300,000 · Dec 2016December 2016 | 92,000 /yr |
R2403, Ontario Tower in numbers
- Sold 4 times: first on 29 August 2013 for AED 1,120,801, last on 16 July 2024 for AED 700,000 (AED 871 per sqft).
- Rented since August 2013 on 9 Ejari contracts, from AED 49,500 to AED 83,000 a year.
- At AED 83,000 a year the gross yield on the 2024 price is 11.9%, 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 16 July 2024.
Questions about R2403, Ontario Tower
What did unit R2403 last sell for?
AED 700,000 on 16 July 2024: AED 871 per sqft for 803 sqft. The unit has 4 registered sales; the first was AED 1,120,801 in August 2013.
What is the rent for unit R2403?
AED 83,000 a year on the contract signed on 20 January 2024. The previous contract, from January 2023, was AED 48,000; the unit has been rented since August 2013.
How big is unit R2403?
803 sqft (74.6 sqm): a one-bedroom apartment on the 24th floor of a 25-storey tower completed in 2010.
What is unit R2403 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 R2403, Ontario Tower
Starts from the last sale price (AED 700K, 16 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 700,000
- Deposit, UAE resident (20%)
- AED 140,000
- Deposit, non-resident (40%)
- AED 280,000
- Monthly over 25 years at 3.7%
- AED 2,864
Plus AED 34,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →