R2407, Ontario Tower
Sold prices and rental history: sold twice, last in December 2016, 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 R2407, Ontario Tower
What is R2407 worth today?
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Source: Dubai Land Department. Updated 1 July 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 982 sqft
- Floor
- 24th of 25
- Parking
- P1-14
- Developer
- Rose Homes Investment
- Completed
- 2010
- Service charge
- AED 17,500 /yr
- Last sold
- AED 1.3M · December 2016
- Building
- Ontario Tower
About R2407, Ontario Tower
R2407 is a two-bedroom apartment of 982 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 19 December 2016 for AED 1,300,000, or AED 1,323 per sqft.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 1 July 2025, is AED 92,000 a year: a gross yield of 7.1% on the 2016 price, before the service charge of about AED 17,500 a year.
Sales and rents for R2407 over time
R2407 has sold twice; the dashed line is the two-bed median of each year in the building.
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 R2407 sits
All 43 2-beds →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. R2407's AED 92,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Feb 202618 February 2026 | 982 sqft | 1,519,924 | 1,547 | ||
| 13 Jan 202613 January 2026 | 982 sqft | 1,300,000 | 1,323 | ||
| 12 Dec 202512 December 2025 | 982 sqft | 1,180,000 | 1,201 | ||
| 12 Dec 202512 December 2025 | 982 sqft | 1,350,000 | 1,374 |
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 | |
| R2403 | 1-bed | 803 sqft | AED 700KAED 700,000 · Jul 2024July 2024 | 83,000 /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, Ontario Tower in numbers
- Sold twice: first on 29 August 2013 for AED 1,352,228, last on 19 December 2016 for AED 1,300,000 (AED 1,323 per sqft).
- Rented since December 2014 on 9 Ejari contracts. The rent fell from AED 91,000 to AED 55,000 in 2021 and recovered to AED 92,000 by July 2025.
- At AED 92,000 a year the gross yield on the 2016 price is 7.1%, 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 July 2025.
Questions about R2407, Ontario Tower
What did unit R2407 last sell for?
AED 1,300,000 on 19 December 2016: AED 1,323 per sqft for 982 sqft. The unit has 2 registered sales; the first was AED 1,352,228 in August 2013.
What is the rent for unit R2407?
AED 92,000 a year on the contract signed on 1 July 2025. The previous contract, from December 2023, was AED 125,000; the unit has been rented since December 2014.
How big is unit R2407?
982 sqft (91.2 sqm): a two-bedroom apartment on the 24th floor of a 25-storey tower completed in 2010.
What is unit R2407 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 R2407, Ontario Tower
Starts from the last sale price (AED 1.3M, 19 December 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,300,000
- Deposit, UAE resident (20%)
- AED 260,000
- Deposit, non-resident (40%)
- AED 520,000
- Monthly over 25 years at 3.7%
- AED 5,319
Plus AED 59,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →