1-bed · 802 sqftOntario Tower, Business Bay · 25th floor · completed 2010

R2504, Ontario Tower

Sold prices and rental history: sold once, by the developer in February 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit R2504 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 1.76M12 February 2013
Current rentAED 63K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for R2504, Ontario Tower

What is R2504 worth today?

Last sold for AED 1,760,616 in 2013

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1 Nov 2024RentedRenewal
AED 63,480/yr12 months · AED 79 per sqft
1 Nov 2023RentedRenewal
AED 55,200/yr12 months · AED 69 per sqft
1 Nov 2022RentedRenewal
AED 48,000/yr12 months · AED 59 per sqft
1 Nov 2021RentedNew contract
AED 40,000/yr12 months · AED 50 per sqft
4 Apr 2019RentedNew contract
AED 58,000/yr12 months · AED 72 per sqft
24 Feb 2014RentedNew contract
AED 80,000/yr12 months · AED 99 per sqft
12 Feb 2013Sold by developerReady
AED 1,760,616AED 2,195 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2024.

Key facts

Type
1-bed apartment
Size
802 sqft
Floor
25th of 25
Parking
B1-167
Developer
Rose Homes Investment
Completed
2010
Service charge
AED 14,300 /yr
Last sold
AED 1.76M · February 2013

About R2504, Ontario Tower

R2504 is a one-bedroom apartment of 802 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 1,760,616, or AED 2,195 per sqft, 86% above the AED 1,183 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 1 November 2024, is AED 63,480 a year: a gross yield of 3.6% on the 2013 price, before the service charge of about AED 14,300 a year.

Sales and rents for R2504 over time

Sales
Unit R2504, each saleTypical one-bed in Ontario Tower
1M2009201420192024Typical sale price by year: 2009 AED 880,308; 2011 AED 925,880; 2012 AED 900,000; 2013 AED 1,120,801; 2014 AED 1,200,000; 2015 AED 990,550; 2016 AED 750,000; 2017 AED 930,000; 2018 AED 800,000; 2019 AED 580,757; 2022 AED 650,000; 2023 AED 765,000; 2024 AED 840,000; 2025 AED 925,000Sold by developer, February 2013: AED 1,760,616 (AED 2,195 per sqft)

R2504 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit R2504, each contractTypical one-bed in Ontario Tower
50K75K2012201620202024Typical rent by year: 2012 AED 52,500; 2013 AED 57,500; 2014 AED 71,500; 2015 AED 79,275; 2016 AED 80,000; 2017 AED 75,000; 2018 AED 65,000; 2019 AED 60,000; 2020 AED 47,000; 2021 AED 42,000; 2022 AED 52,000; 2023 AED 63,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 85,000New contract, February 2014: AED 80,000 a yearNew contract, April 2019: AED 58,000 a yearNew contract, November 2021: AED 40,000 a yearRenewal, November 2022: AED 48,000 a yearRenewal, November 2023: AED 55,200 a yearRenewal, November 2024: AED 63,480 a year

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 R2504 sits

All 89 1-beds →

R2504 last sold in February 2013 at AED 2,195 per sqft, 86% above what one-beds in Ontario Tower were fetching at the time (AED 1,183). 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. R2504's AED 63,480 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Feb 20261,200,000
2 Jan 20261,062,040
23 Dec 20251,075,000
2 Jul 20251,000,000
7 1-bed sales in the last 12 months

Ontario Tower

Building

175 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%
Ontario Tower, Business Bay: prices, sales and rents →

Other units on the 25th floor

All 175 units in Ontario Tower
Value
R2501StudioAED 872K · Feb 2013
R2502AED 1.18M · Aug 2025
R25031-bedAED 1.2M · Feb 2026
R25051-bedAED 1.06M · Jan 2026
R2506AED 950K · Oct 2025
R2507AED 1.18M · Aug 2025

R2504, Ontario Tower in numbers

  • Sold once: by Rose Homes Investment on 12 February 2013 for AED 1,760,616, or AED 2,195 per sqft.
  • Rented since February 2014 on 6 Ejari contracts. The rent fell from AED 80,000 to AED 40,000 in 2021 and recovered to AED 63,480 by November 2024.
  • At AED 63,480 a year the gross yield on the 2013 price is 3.6%, 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 1 November 2024.

Questions about R2504, Ontario Tower

What did unit R2504 last sell for?

AED 1,760,616 on 12 February 2013, sold by the developer: AED 2,195 per sqft for 802 sqft. It is the only registered sale of the unit.

What is the rent for unit R2504?

AED 63,480 a year on the contract renewed on 1 November 2024. The previous contract, from November 2023, was AED 55,200; the unit has been rented since February 2014.

How big is unit R2504?

802 sqft (74.5 sqm): a one-bedroom apartment on the 25th floor of a 25-storey tower completed in 2010.

What is unit R2504 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 R2504, Ontario Tower

Starts from the last sale price (AED 1.76M, 12 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,760,616
Deposit, UAE resident (20%)
AED 352,123
Deposit, non-resident (40%)
AED 704,246
Monthly over 25 years at 3.7%
AED 7,203

Plus AED 78,956 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →