I guess you mean "draw to screen" by "provide the area": Use a CGPath with two rectangles and the even-odd filling rule.
// create a graphics context with the C-API of the QuartzCore framework
// the graphics context is only required for drawing the subsequent drawing
CGRect compositionBounds = CGRectMake(30, 30, 300, 508);
UIGraphicsBeginImageContext(compositionBounds.size);
CGContextRef ctx = UIGraphicsGetCurrentContext();
// create a mutable path with QuartzCore
CGMutablePathRef p1 = CGPathCreateMutable();
CGRect r1 = CGRectMake(20, 300, 200, 100);
CGPathAddRect(p1, nil, r1);
CGPathAddRect(p1, nil, CGRectInset(r1, 10, 10));
// draw our mutable path to the context filling its area
CGContextAddPath(ctx, p1);
CGContextSetFillColorWithColor(ctx, [[UIColor redColor] CGColor]);
CGContextEOFillPath(ctx);
// display our mutable path in an image view on screen
UIImage *i = UIGraphicsGetImageFromCurrentImageContext();
UIImageView *iv = [[UIImageView alloc] initWithImage:i];
[self.view addSubview:iv];
iv.frame = self.view.frame;
// release ressources created with the C-API of QuartzCore
CGPathRelease(p1);
UIGraphicsEndImageContext();