What is the rental yield in Ontario Tower?

Ontario Tower returns 7.41% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 81 rental contracts registered in the last 24 months.

How much does a 1 bedroom in Ontario Tower cost?

The median registered sale price is AED 922,500 (1,150 AED/sqft), from 48 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.

What are apartments in Ontario Tower selling for right now?

Registered sales of ready units in Ontario Tower over the last 6 months have a median of 1,309 AED/sqft, across 5 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.

Have prices in Ontario Tower risen or fallen?

Median price per square foot moved +16.4% over the last 12 months against the 12 before it, on 48 registered sales. On a sample this size, read the direction rather than the exact figure.

How does Ontario Tower compare with Business Bay?

Its 7.41% gross yield sits +0.3 pts against the Business Bay median of 7.14%, computed at the same bedroom grain over the same 24-month window.

Ontario Tower — rental prices & yield

Buy: 922,500AED; AED 1,309/sqft
Long-let: 75,000AED; AED 93/sqft · 7.41%
Short-let: 13.52%; AED 560/night · 0.70/sqft

Price per sqft: Median of 5 registered sales of ready units in the last 6 months, most recent July 2026.

Priced off 3 sales in the last 3 months.

Yield spread: +0.3 pts; vs the Business Bay median for this unit type
Turnover upside: +2.0%; new tenants pay more than sitting ones — 37 renewals
AED/yr/sqft: AED 93
Sales: 48
Rental contracts: 81
Renewal rent: AED 73,500/yr

12 months: +0.0%
3 years: +7.1%+2.3%/yr

Based on 48 sales and 81 rental contracts in the last 24 months.

Ontario Tower is an apartment building in Business Bay, Dubai. The closest metro station is Business Bay Metro Station, the nearest mall Dubai Mall and the nearest landmark Downtown Dubai. Land Department records for it run from 2015 to 2026, 374 registered sales in all — the 48 in the last 24 months are what every median above is computed from.

Rent history

Median annual rent per sqft registered in Ontario Tower, by year.

Monthly median AED per sqft per year, smoothed over three months. The band along the bottom is the number of records each month.

Rents by bedroom type

Type	Median rent	AED/yr/sqft	Yield	Contracts
Studio	AED 58,000	144	9.06% +1.4 pts	17
1 bed	AED 75,000	93	7.41% +0.3 pts	81
2 bed	AED 104,500	106	8.04% +1.4 pts	50

Deltas compare each yield with the Business Bay median for the same unit type. How these yields are computed

How these yields are computed

Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Short-let rates around Ontario Tower

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured

Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.

Type	Nightly (AED)	AED/night/sqft	Net revenue at 80%	Long-let rent	Uplift	Short-let yield	Listings seen
Studio500m	476	1.18	AED 110,705	AED 58,000	1.9×	15.82%	6+
1 bed500m	560	0.70	AED 124,722	AED 75,000	1.7×	13.52%	45+
2 bed	961	0.99	AED 220,782	AED 104,500	2.1×	18.25%	1+

Nightly rate per sqft through the year

Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts

Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because Ontario Tower itself had too few listings of that type to measure.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

33 resales in the last 12 months, against 32 a year on average over 2023–2025.

Sales

Date	Type	Sqft	Price	AED/sqft
17 Aug 2026	2 bed	982	AED 1,203,972	1,226
20 Jul 2026	1 bed	802	AED 1,050,000	1,309
17 Jun 2026	1 bed	802	AED 1,012,692	1,263
12 Jun 2026	1 bed	802	AED 880,000	1,097

4 resales in the last 3 months.

Rental contracts

Start	Type	Sqft	Annual rent	AED/sqft	Contract
1 Sept 2026	Studio	402	AED 48,000	119	New
1 Sept 2026	2 bed	982	AED 84,000	86	New
1 Sept 2026	Studio	402	AED 48,500	121	Renewal
1 Sept 2026	2 bed	982	AED 108,000	110	Renewal
1 Sept 2026	2 bed	982	AED 95,500	97	Renewal
20 Aug 2026	1 bed	791	AED 64,000	81	New
15 Aug 2026	1 bed	802	AED 63,000	79	New
5 Aug 2026	1 bed	803	AED 65,000	81	New
1 Aug 2026	1 bed	803	AED 70,000	87	Renewal
1 Aug 2026	1 bed	803	AED 80,000	100	Renewal
25 Jul 2026	1 bed	791	AED 64,615	82	New
13 Jul 2026	Studio	402	AED 48,000	119	New
11 Jul 2026	2 bed	982	AED 85,000	87	New
10 Jul 2026	2 bed	982	AED 115,000	117	New
10 Jul 2026	1 bed	791	AED 70,000	88	New
10 Jul 2026	1 bed	791	AED 35,000	44	New
5 Jul 2026	1 bed	402	AED 52,000	129	New
1 Jul 2026	1 bed	802	AED 15,000	19	New
1 Jul 2026	Studio	402	AED 57,000	142	Renewal
1 Jul 2026	1 bed	802	AED 73,000	91	New
1 Jul 2026	2 bed	982	AED 92,000	94	Renewal
15 Jun 2026	2 bed	982	AED 80,000	81	New
10 Jun 2026	1 bed	791	AED 60,000	76	New
3 Jun 2026	1 bed	791	AED 73,317	93	New
1 Jun 2026	2 bed	982	AED 105,000	107	Renewal
1 Jun 2026	1 bed	803	AED 67,000	83	New
31 May 2026	1 bed	791	AED 70,000	88	New
29 May 2026	1 bed	791	AED 73,500	93	Renewal

28 contracts starting on or after 26 May 2026.

Start dates after 26 Aug 2026 are contracts already filed for a later move-in. They count towards the rent medians above for the same reason they appear here.

As registered

The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.

Floors: 30
Flats: 175

Nearby

Metro: Business Bay Metro Station
Mall: Dubai Mall
Landmark: Downtown Dubai

Compare with nearby buildings

The most-traded buildings in Business Bay, on the same figures over the same window.

Highest rental yields in Business Bay · Ontario Tower places 38th of 84

Common questions

What is the rental yield in Ontario Tower?: Ontario Tower returns 7.41% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 81 rental contracts registered in the last 24 months.
How much does a 1 bedroom in Ontario Tower cost?: The median registered sale price is AED 922,500 (1,150 AED/sqft), from 48 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Ontario Tower selling for right now?: Registered sales of ready units in Ontario Tower over the last 6 months have a median of 1,309 AED/sqft, across 5 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in Ontario Tower risen or fallen?: Median price per square foot moved +16.4% over the last 12 months against the 12 before it, on 48 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Ontario Tower compare with Business Bay?: Its 7.41% gross yield sits +0.3 pts against the Business Bay median of 7.14%, computed at the same bedroom grain over the same 24-month window.

Ontario Tower