R401, Ontario Tower
Sold prices and rental history: sold 3 times, last in March 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for R401, Ontario Tower
What is R401 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 25 September 2025.
Key facts
- Type
- Studio apartment
- Size
- 402 sqft
- Floor
- 4th of 25
- Parking
- B1-22
- Developer
- Rose Homes Investment
- Completed
- 2010
- Service charge
- AED 7,200 /yr
- Last sold
- AED 255K · March 2024
- Building
- Ontario Tower
About R401, Ontario Tower
R401 is a studio of 402 sqft on the 4th floor of Ontario Tower, a 25-storey tower in Business Bay completed in 2010 by Rose Homes Investment. It last sold on 14 March 2024 for AED 255,000, or AED 1,266 per sqft, in line with the AED 1,266 studios in the building were fetching at the time.
It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 25 September 2025, is AED 58,000 a year: a gross yield of 22.8% on the 2024 price, before the service charge of about AED 7,200 a year.
Sales and rents for R401 over time
R401 has sold 3 times; 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 R401 sits
All 22 studios →R401 last sold in March 2024 at AED 1,266 per sqft, in line with what studios in Ontario Tower were fetching at the time (AED 1,266). 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 | ||
| 1 Mar 20241 March 2024 | 402 sqft | 500,000 | 1,243 | ||
| 28 Apr 202328 April 2023 | 402 sqft | 570,000 | 1,417 |
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 4th floor
All 175 units in Ontario Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| R402 | 2-bed | 982 sqft | AED 988KAED 987,714 · Apr 2013April 2013 | 60,000 /yr | |
| R403 | 1-bed | 803 sqft | AED 1.22MAED 1,215,000 · Nov 2014November 2014 | 70,000 /yr | |
| R404 | 802 sqft | AED 939KAED 939,247 · Aug 2025August 2025 | 90,000 /yr | ||
| R405 | 1-bed | 802 sqft | AED 925KAED 925,000 · Apr 2025April 2025 | 110,000 /yr | |
| R406 | 1-bed | 791 sqft | AED 930KAED 930,000 · May 2025May 2025 | 96,000 /yr | |
| R407 | 2-bed | 982 sqft | AED 1.15MAED 1,150,000 · Apr 2015April 2015 | 120,000 /yr |
R401, Ontario Tower in numbers
- Sold 3 times: first on 27 October 2009 for AED 423,832, last on 14 March 2024 for AED 255,000 (AED 1,266 per sqft).
- Rented since July 2015 on 9 Ejari contracts. The rent fell from AED 65,000 to AED 34,000 in 2021 and recovered to AED 58,000 by September 2025.
- At AED 58,000 a year the gross yield on the 2024 price is 22.8%, 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 25 September 2025.
Questions about R401, Ontario Tower
What did unit R401 last sell for?
AED 255,000 on 14 March 2024: AED 1,266 per sqft for 402 sqft. The unit has 3 registered sales; the first was AED 423,832 in October 2009.
What is the rent for unit R401?
AED 58,000 a year on the contract signed on 25 September 2025. The previous contract, from September 2024, was AED 55,000; the unit has been rented since July 2015.
How big is unit R401?
402 sqft (37.3 sqm): a studio on the 4th floor of a 25-storey tower completed in 2010.
What is unit R401 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.
Selling R401? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on R401, Ontario Tower
Starts from the last sale price (AED 255K, 14 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 255,000
- Deposit, UAE resident (20%)
- AED 51,000
- Deposit, non-resident (40%)
- AED 102,000
- Monthly over 25 years at 3.7%
- AED 1,043
Plus AED 13,620 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →