Unit R2301, Ontario Tower: what it sold for and what it is worth now

Unit R2301 at Ontario Tower is a studio of 402 sq ft. It last sold for AED 570,000 on 28 Apr 2023. At AED 1,675 per sq ft, from 4 sales of units ending 01 (same position in the tower), it is worth about AED 673,000 today.

Value todayAED 673,000AED 640,000 to AED 710,000
Last saleAED 570,00028 Apr 2023 · Resale
Change since last sale+18.1%Building trend alone: AED 817,208
Rent (median asking, studio)AED 60,000Gross yield 8.9%
Bedroomsstudio
Size402 sq ft
Floor23 (from the unit number)
Position in the towerStack 01: units ending 01 share the same layout and view
BuildingOntario Tower by Rose Homes Investment, handed over 2010
Registered sales of this unit2

Every registered sale of unit R2301

DatePriceSizeAED/sq ftType
28 Apr 2023AED 570,000402 sq ft1,418Resale
18 Apr 2022AED 450,000402 sq ft1,119Resale

Units ending 01 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
R250115 Sep 2026AED 620,000402 sq ft1,542Resale
R21018 Jan 2026AED 740,000402 sq ft1,841Resale
R11014 Nov 2025AED 700,000402 sq ft1,741Resale
R20120 Oct 2025AED 640,000398 sq ft1,608Resale
R210115 May 2024AED 635,000402 sq ft1,580Resale
R40114 Mar 2024AED 255,000402 sq ft634Resale
R21011 Mar 2024AED 500,000402 sq ft1,244Resale
R10115 Jul 2022AED 440,000398 sq ft1,106Resale

Latest studio sales in Ontario Tower

UnitDatePriceSizeAED/sq ftType
R250115 Sep 2026AED 620,000402 sq ft1,542Resale
R21018 Jan 2026AED 740,000402 sq ft1,841Resale
R11014 Nov 2025AED 700,000402 sq ft1,741Resale
R20120 Oct 2025AED 640,000398 sq ft1,608Resale
R210115 May 2024AED 635,000402 sq ft1,580Resale
R40114 Mar 2024AED 255,000402 sq ft634Resale
R21011 Mar 2024AED 500,000402 sq ft1,244Resale
R10115 Jul 2022AED 440,000398 sq ft1,106Resale

How we worked out the value

We took the 4 resale sales of units ending 01 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,675). We multiplied it by the size of this unit (402 sq ft). The range uses the middle half of those sales (AED 1,592 to AED 1,766 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 817,208. Floor, view, condition and upgrades can move the price either way. Sales data to 7 Oct 2026, from the Dubai Land Department register.

Questions

What is unit R2301 at Ontario Tower worth?

About AED 673,000 (range AED 640,000 to AED 710,000), based on AED 1,675 per sq ft from registered sales up to 7 Oct 2026.

When did unit R2301 last sell?

28 Apr 2023, for AED 570,000 (resale). It has 2 registered sales.

What rent can unit R2301 make?

A studio in Ontario Tower rents for about AED 60,000 a year (median asking rent). That is a gross yield of 8.9% on the estimate.

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