R301, Ontario Tower
Sold prices and rental history: sold twice, last in June 2019, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for R301, Ontario Tower
What is R301 worth today?
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Source: Dubai Land Department. Updated 26 March 2025.
Key facts
- Type
- Studio apartment
- Size
- 398 sqft
- Floor
- 3rd of 25
- Parking
- B1-15
- Developer
- Rose Homes Investment
- Completed
- 2010
- Service charge
- AED 7,100 /yr
- Last sold
- AED 500K · June 2019
- Building
- Ontario Tower
About R301, Ontario Tower
R301 is a studio of 398 sqft on the 3rd floor of Ontario Tower, a 25-storey tower in Business Bay completed in 2010 by Rose Homes Investment. It last sold on 13 June 2019 for AED 500,000, or AED 1,256 per sqft.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 26 March 2025, is AED 49,000 a year: a gross yield of 9.8% on the 2019 price, before the service charge of about AED 7,100 a year.
Sales and rents for R301 over time
R301 has sold twice; 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 R301 sits
All 22 studios →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 3rd floor
All 175 units in Ontario Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| R302 | 2-bed | 552 sqft | AED 1.12MAED 1,117,000 · Jun 2011June 2011 | 103,000 /yr | |
| R303 | 1-bed | 807 sqft | AED 820KAED 820,000 · Jun 2024June 2024 | 75,000 /yr | |
| R304 | 801 sqft | AED 1MAED 1,000,000 · Sep 2025September 2025 | 57,960 /yr | ||
| R305 | 1-bed | 800 sqft | AED 800KAED 800,000 · Aug 2024August 2024 | 43,000 /yr | |
| R306 | 1-bed | 796 sqft | AED 525KAED 525,000 · Feb 2017February 2017 | 80,000 /yr | |
| R307 | 2-bed | 982 sqft | AED 850KAED 850,000 · Feb 2023February 2023 | 104,500 /yr |
R301, Ontario Tower in numbers
- Sold twice: first on 28 December 2011 for AED 423,832, last on 13 June 2019 for AED 500,000 (AED 1,256 per sqft).
- Rented since August 2019 on 6 Ejari contracts. The rent fell from AED 40,000 to AED 34,000 in 2022 and recovered to AED 49,000 by March 2025.
- At AED 49,000 a year the gross yield on the 2019 price is 9.8%, before a service charge of about AED 7,100 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 26 March 2025.
Questions about R301, Ontario Tower
What did unit R301 last sell for?
AED 500,000 on 13 June 2019: AED 1,256 per sqft for 398 sqft. The unit has 2 registered sales; the first was AED 423,832 in December 2011.
What is the rent for unit R301?
AED 49,000 a year on the contract signed on 26 March 2025. The previous contract, from July 2024, was AED 55,000; the unit has been rented since August 2019.
How big is unit R301?
398 sqft (37.0 sqm): a studio on the 3rd floor of a 25-storey tower completed in 2010.
What is unit R301 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 R301, Ontario Tower
Starts from the last sale price (AED 500K, 13 June 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 500,000
- Deposit, UAE resident (20%)
- AED 100,000
- Deposit, non-resident (40%)
- AED 200,000
- Monthly over 25 years at 3.7%
- AED 2,046
Plus AED 26,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →