R402, Ontario Tower
Sold prices and rental history: sold twice, last in April 2013, 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 R402, Ontario Tower
What is R402 worth today?
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Source: Dubai Land Department. Updated 16 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 982 sqft
- Floor
- 4th of 25
- Parking
- B1-23
- Developer
- Rose Homes Investment
- Completed
- 2010
- Service charge
- AED 17,500 /yr
- Last sold
- AED 988K · April 2013
- Building
- Ontario Tower
About R402, Ontario Tower
R402 is a two-bedroom apartment of 982 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 22 April 2013 for AED 987,714, or AED 1,005 per sqft, in line with the AED 1,005 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 16 January 2026, is AED 60,000 a year: a gross yield of 6.1% on the 2013 price, before the service charge of about AED 17,500 a year.
Sales and rents for R402 over time
R402 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 R402 sits
All 43 2-beds →R402 last sold in April 2013 at AED 1,005 per sqft, in line with what two-beds in Ontario Tower were fetching at the time (AED 1,005). 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. R402's AED 60,000 is at the bottom 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 4th floor
All 175 units in Ontario Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| R401 | Studio | 402 sqft | AED 255KAED 255,000 · Mar 2024March 2024 | 58,000 /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 |
R402, Ontario Tower in numbers
- Sold twice: first on 3 August 2009 for AED 987,714, last on 22 April 2013 for AED 987,714 (AED 1,005 per sqft).
- Rented since April 2014 on 6 Ejari contracts, from AED 63,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2013 price is 6.1%, 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 16 January 2026.
Questions about R402, Ontario Tower
What did unit R402 last sell for?
AED 987,714 on 22 April 2013: AED 1,005 per sqft for 982 sqft. The unit has 2 registered sales; the first was AED 987,714 in August 2009.
What is the rent for unit R402?
AED 60,000 a year on the contract signed on 16 January 2026. The previous contract, from August 2024, was AED 99,000; the unit has been rented since April 2014.
How big is unit R402?
982 sqft (91.2 sqm): a two-bedroom apartment on the 4th floor of a 25-storey tower completed in 2010.
What is unit R402 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 R402, Ontario Tower
Starts from the last sale price (AED 988K, 22 April 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 987,714
- Deposit, UAE resident (20%)
- AED 197,543
- Deposit, non-resident (40%)
- AED 395,086
- Monthly over 25 years at 3.7%
- AED 4,041
Plus AED 46,494 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →