R901, Ontario Tower
Sold prices and rental history: sold 3 times, last in April 2016, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for R901, Ontario Tower
What is R901 worth today?
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Source: Dubai Land Department. Updated 20 February 2025.
Key facts
- Type
- Studio apartment
- Size
- 201 sqft
- Floor
- 9th of 25
- Parking
- B1-57
- Developer
- Rose Homes Investment
- Completed
- 2010
- Service charge
- AED 3,600 /yr
- Last sold
- AED 300K · April 2016
- Building
- Ontario Tower
About R901, Ontario Tower
R901 is a studio of 201 sqft on the 9th floor of Ontario Tower, a 25-storey tower in Business Bay completed in 2010 by Rose Homes Investment. It last sold on 17 April 2016 for AED 300,000, or AED 1,492 per sqft, in line with the AED 1,492 studios in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 20 February 2025, is AED 65,000 a year: a gross yield of 21.7% on the 2016 price, before the service charge of about AED 3,600 a year.
Sales and rents for R901 over time
R901 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 R901 sits
All 22 studios →R901 last sold in April 2016 at AED 1,492 per sqft, in line with what studios in Ontario Tower were fetching at the time (AED 1,492). 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 9th floor
All 175 units in Ontario Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| R902 | 2-bed | 982 sqft | AED 1.29MAED 1,290,000 · Mar 2025March 2025 | 101,200 /yr | |
| R903 | 1-bed | 803 sqft | AED 1MAED 1,000,000 · Jul 2025July 2025 | 45,000 /yr | |
| R904 | 1-bed | 802 sqft | AED 555KAED 555,000 · Dec 2019December 2019 | 70,000 /yr | |
| R905 | 1-bed | 802 sqft | AED 513KAED 512,500 · Mar 2017March 2017 | ||
| R906 | 1-bed | 791 sqft | AED 800KAED 800,000 · Jul 2018July 2018 | 70,000 /yr | |
| R907 | 982 sqft | AED 1.25MAED 1,250,000 · Sep 2025September 2025 | 130,000 /yr |
R901, Ontario Tower in numbers
- Sold 3 times: first on 9 July 2013 for AED 460,161, last on 17 April 2016 for AED 300,000 (AED 1,492 per sqft).
- Rented since November 2021 on 3 Ejari contracts, from AED 36,000 to AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2016 price is 21.7%, before a service charge of about AED 3,600 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 20 February 2025.
Questions about R901, Ontario Tower
What did unit R901 last sell for?
AED 300,000 on 17 April 2016: AED 1,492 per sqft for 201 sqft. The unit has 3 registered sales; the first was AED 460,161 in July 2013.
What is the rent for unit R901?
AED 65,000 a year on the contract signed on 20 February 2025. The previous contract, from February 2023, was AED 50,000; the unit has been rented since November 2021.
How big is unit R901?
201 sqft (18.7 sqm): a studio on the 9th floor of a 25-storey tower completed in 2010.
What is unit R901 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 R901, Ontario Tower
Starts from the last sale price (AED 300K, 17 April 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 300,000
- Deposit, UAE resident (20%)
- AED 60,000
- Deposit, non-resident (40%)
- AED 120,000
- Monthly over 25 years at 3.7%
- AED 1,227
Plus AED 15,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →