R2501, Ontario Tower
Sold prices and rental history: sold once, by the developer in February 2013, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for R2501, Ontario Tower
What is R2501 worth today?
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Source: Dubai Land Department. Updated 18 March 2024.
Key facts
- Type
- Studio apartment
- Size
- 402 sqft
- Floor
- 25th of 25
- Parking
- B1-170
- Developer
- Rose Homes Investment
- Completed
- 2010
- Service charge
- AED 7,200 /yr
- Last sold
- AED 872K · February 2013
- Building
- Ontario Tower
About R2501, Ontario Tower
R2501 is a studio of 402 sqft on the 25th floor of Ontario Tower, a 25-storey tower in Business Bay completed in 2010 by Rose Homes Investment. The developer sold it on 12 February 2013 for AED 871,884, or AED 2,168 per sqft, 99% above the AED 1,089 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 18 March 2024, is AED 60,000 a year: a gross yield of 6.9% on the 2013 price, before the service charge of about AED 7,200 a year.
Sales and rents for R2501 over time
R2501 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Ontario Tower, and where R2501 sits
All 22 studios →R2501 last sold in February 2013 at AED 2,168 per sqft, 99% above what studios in Ontario Tower were fetching at the time (AED 1,089). Over the last 12 months studios sold for AED 740,000, around AED 1,840 per sqft, and rent for AED 66,150 to 78,000 a year.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Jan 20268 January 2026 | 402 sqft | 740,000 | 1,840 | ||
| 15 May 202415 May 2024 | 402 sqft | 635,000 | 1,579 | ||
| 14 Mar 202414 March 2024 | 201 sqft | 255,000 | 1,266 | ||
| 1 Mar 20241 March 2024 | 402 sqft | 500,000 | 1,243 |
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 25th floor
All 175 units in Ontario Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| R2502 | 982 sqft | AED 1.18MAED 1,180,000 · Aug 2025August 2025 | 60,000 /yr | ||
| R2503 | 1-bed | 803 sqft | AED 1.2MAED 1,200,000 · Feb 2026February 2026 | 90,000 /yr | |
| R2504 | 1-bed | 802 sqft | AED 1.76MAED 1,760,616 · Feb 2013February 2013 | 63,480 /yr | |
| R2505 | 1-bed | 802 sqft | AED 1.06MAED 1,062,040 · Jan 2026January 2026 | 68,000 /yr | |
| R2506 | 791 sqft | AED 950KAED 950,000 · Oct 2025October 2025 | 67,760 /yr | ||
| R2507 | 982 sqft | AED 1.18MAED 1,180,000 · Aug 2025August 2025 | 136,000 /yr |
R2501, Ontario Tower in numbers
- Sold once: by Rose Homes Investment on 12 February 2013 for AED 871,884, or AED 2,168 per sqft.
- Rented since July 2017 on 5 Ejari contracts. The rent fell from AED 52,000 to AED 33,000 in 2020 and recovered to AED 60,000 by March 2024.
- At AED 60,000 a year the gross yield on the 2013 price is 6.9%, before a service charge of about AED 7,200 a year (AED 17.81 per sqft).
- Studios in Ontario Tower sold for AED 740,000–740,000 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 18 March 2024.
Questions about R2501, Ontario Tower
What did unit R2501 last sell for?
AED 871,884 on 12 February 2013, sold by the developer: AED 2,168 per sqft for 402 sqft. It is the only registered sale of the unit.
What is the rent for unit R2501?
AED 60,000 a year on the contract signed on 18 March 2024. The previous contract, from November 2020, was AED 33,000; the unit has been rented since July 2017.
How big is unit R2501?
402 sqft (37.3 sqm): a studio on the 25th floor of a 25-storey tower completed in 2010.
What is unit R2501 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Ontario Tower sold for AED 740,000 to 740,000 in the last 12 months, around AED 1,840 per sqft.
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Mortgage on R2501, Ontario Tower
Starts from the last sale price (AED 872K, 12 February 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 871,884
- Deposit, UAE resident (20%)
- AED 174,377
- Deposit, non-resident (40%)
- AED 348,754
- Monthly over 25 years at 3.7%
- AED 3,567
Plus AED 41,629 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →