R502, Ontario Tower
Sold prices and rental history: sold 4 times, last in January 2026, 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 R502, Ontario Tower
What is R502 worth today?
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Source: Dubai Land Department. Updated 13 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 982 sqft
- Floor
- 5th of 25
- Parking
- B1-30
- Developer
- Rose Homes Investment
- Completed
- 2010
- Service charge
- AED 17,500 /yr
- Last sold
- AED 1.3M · January 2026
- Building
- Ontario Tower
About R502, Ontario Tower
R502 is a two-bedroom apartment of 982 sqft on the 5th floor of Ontario Tower, a 25-storey tower in Business Bay completed in 2010 by Rose Homes Investment. It last sold on 13 January 2026 for AED 1,300,000, or AED 1,323 per sqft, in line with the AED 1,313 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 15 July 2024, is AED 105,000 a year: a gross yield of 8.1% on the 2026 price, before the service charge of about AED 17,500 a year.
Sales and rents for R502 over time
R502 has sold 4 times; 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 R502 sits
All 43 2-beds →R502 last sold in January 2026 at AED 1,323 per sqft, in line with what two-beds in Ontario Tower were fetching at the time (AED 1,313). 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. R502's AED 105,000 is in the lower half 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 | ||
| 12 Dec 202512 December 2025 | 982 sqft | 1,180,000 | 1,201 | ||
| 12 Dec 202512 December 2025 | 982 sqft | 1,350,000 | 1,374 | ||
| 27 Mar 202527 March 2025 | 982 sqft | 1,290,000 | 1,313 |
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 5th floor
All 175 units in Ontario Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| R501 | Studio | 402 sqft | AED 400KAED 399,613 · Apr 2012April 2012 | 48,000 /yr | |
| R503 | 2-bed | 803 sqft | AED 710KAED 710,000 · Jan 2023January 2023 | 72,000 /yr | |
| R504 | 1-bed | 802 sqft | AED 850KAED 850,000 · Jun 2024June 2024 | 68,326 /yr | |
| R505 | 1-bed | 802 sqft | AED 715KAED 715,000 · Nov 2022November 2022 | 45,000 /yr | |
| R506 | 1-bed | 791 sqft | AED 1.23MAED 1,225,000 · Aug 2014August 2014 | 75,000 /yr | |
| R507 | 2-bed | 982 sqft | AED 1.25MAED 1,250,000 · Oct 2016October 2016 | 90,000 /yr |
R502, Ontario Tower in numbers
- Sold 4 times: first on 7 June 2011 for AED 999,473, last on 13 January 2026 for AED 1,300,000 (AED 1,323 per sqft).
- Rented since May 2014 on 8 Ejari contracts. The rent fell from AED 70,000 to AED 48,000 in 2020 and recovered to AED 105,000 by July 2024.
- At AED 105,000 a year the gross yield on the 2026 price is 8.1%, 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 13 January 2026.
Questions about R502, Ontario Tower
What did unit R502 last sell for?
AED 1,300,000 on 13 January 2026: AED 1,323 per sqft for 982 sqft. The unit has 4 registered sales; the first was AED 999,473 in June 2011.
What is the rent for unit R502?
AED 105,000 a year on the contract renewed on 15 July 2024. The previous contract, from July 2023, was AED 87,500; the unit has been rented since May 2014.
How big is unit R502?
982 sqft (91.2 sqm): a two-bedroom apartment on the 5th floor of a 25-storey tower completed in 2010.
What is unit R502 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 R502, Ontario Tower
Starts from the last sale price (AED 1.3M, 13 January 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 1,300,000
- Deposit, UAE resident (20%)
- AED 260,000
- Deposit, non-resident (40%)
- AED 520,000
- Monthly over 25 years at 3.7%
- AED 5,319
Plus AED 59,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →