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Ontario Tower

A 1 bed in Ontario Tower costs a median AED 1.01M, rents long-let for AED 74,159/yr (7.3% gross), and returns 10.6% short-term at the assumed 70% occupancy.

Satellite view of Ontario Tower, Business Bay, Dubai, centred on its registered pin. Apple Maps.
Satellite view of the registered pin · Apple Maps

1 bed · typical price

1.01MAED

AED 1,263/sqft · +10.1% on a year

Rent a year
AED 74,159
Yield after service charge
5.7%
vs Business Bay
36% below the median
Cost to buy, all inAED 1.08M
Price
AED 1.01M
DLD fee 4%
AED 40,508
Agent 2% + VAT
AED 21,267
Trustee
AED 4,200

Fees repaid by net rent14 months

Against this building’s registered sales of the same type.

Ask about Ontario Tower →

Is Ontario Tower a good investment?Easy to let, prices rising and easy to sell; lots of new supply is coming

  1. Does it pay a good rent?7.3% gross, 5.7% after the service charge (Dubai median 6.8%)7.3%Fair
  2. Is it easy to let?66% of units signed a yearly lease in 12 months; the typical Business Bay building manages 41%66%Strength
    Business Bay median 41% · top tenth from 69%Ontario Tower · 66%

    Across 82 Business Bay buildings with 40 or more units, the median signed annual leases on 41% of units in 12 months and the top tenth on 69% or more; Ontario Tower is at 66%.

  3. Are rents going up?New 1 bed leases: AED 75,000 a year ago, AED 74,159 now-1.1%Fair
  4. Are prices going up?1 bed: AED 1,147/sqft a year ago, 1,263 now+10.1%Strength
  5. How fast do fees pay back?AED 65,975 in fees to buy a 1 bed; net rent covers it in 1.1 years1.1 yrsFair
  6. Can I sell easily?32 sales in 12 months, 18% of the tower (37 the year before)32Strength
  7. Is a lot being built nearby?11,591 apartments are planned in Business Bay from 2026 to 2028, equal to 64% of the 18,176 homes let there today. A further 2,730 are past their planned date. Business Bay supply by year →64%Watch
  8. Did earlier buyers gain?Up 69% for buyers 5 years ago; up 21% for launch buyers, before fees+68.6%Context

Readings use published thresholds · 1 bed figures, the most traded type · Data to 12 Oct 2026

Check an asking price →How each reading works →

Ontario Tower prices and rents by unit typeA one-bed costs about AED 1.01M and rents for about AED 74,159 a year

TypeMedian priceGross yieldNew rent12-month changeSales
Studio24 units · 402 sqftAED 670,0001,675/sqft7.2%+0.3 ptsAED 48,00014 contractsunder 5 sales in a year4
1 bed100 units · 802 sqftAED 1.01M1,263/sqftlaunch 1,053 +19.9%7.3%+0.7 ptsAED 74,15940 contracts+10.1%15
2 bed51 units · 982 sqftAED 1.20M1,226/sqft8.6%+2.2 ptsAED 103,00027 contracts-0.5%13
Appreciation, rental income and short-term detail, by unit type

Appreciation

1 bed · price per sqft · Business Bay · area median AED 1,985/sqft

3 years
+32.4% · +9.8%/yr
vs area median
-36.4%
Rank by price per sqft
113th of 121

Rental income

1 bed · Business Bay

Median new rent
AED 74,159/yr
Yield vs area median
+0.7 pts
Yield vs Dubai (6.8%)
+0.6 pts
Yield rank
10th of 76
Renewal rent
AED 74,500/yr

Short-term income

1 bed · 70% occupancy · 7-night stays · within 500 m

Median nightly rate
AED 560
Net revenue
AED 107,451/yr
vs long-let rent
1.4×
Listings seen
45+

Price history and sales

As filed with the Land Department — data to 2026-10-12.

Sale price, AED (right axis) Rent on new leases, AED a year (left axis)

Median price paid, 1 bed, as a rolling 3-month median, with the rent on new leases on the same basis. The band along the bottom is the number of sales each month.

Chart data, 1 bed: Jan 2009, AED 877,149; latest, Oct 2026, AED 847,685; peak, Feb 2013, AED 1,508,036. Rent on new leases: Aug 2011, AED 45,000 a year; latest, Oct 2026, AED 67,000.

Did earlier buyers gain?

Median paid per sqft, all types, against today’s 1,277 · before fees

Launch, 2009–11
1,053
+21%
5 years ago
757
+69%
3 years ago
954
+34%
Previous 12 months
1,197
+7%
Last 12 months
1,277
today

The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.

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

DateTypeSqftPriceAED/sqft
7 Oct 20261 bed803AED 895,3701,115
1 Oct 20262 bed982AED 1,100,0001,120
18 Sept 20262 bed982AED 1,258,3721,281
18 Sept 20262 bed982AED 1,200,0001,222
18 Sept 20262 bed982AED 1,184,0001,206
15 Sept 2026Studio402AED 620,0001,542
8 Sept 20261 bed802AED 800,000997
3 Sept 20262 bed982AED 1,100,0001,120
17 Aug 20262 bed982AED 1,203,9721,226
20 Jul 20261 bed802AED 1,050,0001,309

32 resales in the last 12 months.

Short-term rates around Ontario Tower

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

70%
TypeNightly, AEDNet revenue at 70%Long-let rentUpliftNet yield
Studio500 m cluster · 6+ listings seen4761.19/sqftAED 96,056AED 48,0002.0×14.3%
1 bed500 m cluster · 45+ listings seen5600.70/sqftAED 107,451AED 74,1591.4×10.6%
2 bed1+ listings seen9610.98/sqftAED 191,007AED 103,0001.9×15.9%

Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.

Nightly rate through the year

Comparables in Business Bay

Every Business Bay building with a page, ranked by price per sqft over the same 12 months, all unit types. Ontario Tower places 144th of 150; the nearest 8 are shown.

RankBuildingMedian priceAED/sqftGross yield12-month changeSales
140Burj Pacific99% · Q1 2023 · off-plan 700/sqftAED 2.03M1,300+1.8%7.4%-13.3%9
141Windsor ManorCompleted 2010 · off-plan 1,196/sqftAED 1.80M1,299+1.7%5.3%+4.2%12
142The Scala TowerCompleted 2010 · off-plan 1,318/sqftAED 1.21M1,295+1.4%7.0%+1.5%18
143Clayton ResidencyCompleted 2011 · off-plan 1,365/sqftAED 1.03M1,282+0.4%7.3%-7.6%10
144Ontario Tower · this buildingCompleted 2010 · off-plan 1,080/sqftAED 1.07M1,2777.3%+6.7%32
145Capital Bay BCompleted 2014 · off-plan 1,695/sqftAED 740,0001,273-0.3%8.1%+6.2%25
146Park CentralCompleted 2013 · off-plan 1,222/sqftAED 1.10M1,239-3.0%6.5%+8.5%19
147Bay Square - 13Completed 2014AED 1.92M1,238-3.1%4.7%—3
148U-Bora Tower 1Completed 2011 · off-plan 1,340/sqftAED 1.25M1,228-3.9%7.2%+2.0%16

Rank 1 is the dearest per square foot. Differences are against Ontario Tower (AED 1,277/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

At 1 bed, Ontario Tower has registered sale prices 36% below the Business Bay median price per square foot of 1,985 AED, across 121 eligible buildings. It ranks 113th of 121 by price per square foot and 10th of 76 by gross yield in Business Bay.

Market context in Business Bay

Registered sales activity

2,705 ready apartment sales in the 12 months to 2026-10-12.

+5.4% in median AED/sqft versus the preceding year, supported by 2,705 current and 3,581 prior price observations.

Explore sales activity

Planned apartment projects

10,312 known registered units across 12 pending projects planned within one year of the 2026-07-06 register.

10 projects had already passed their planned date; 6 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

11,591 apartments are planned in Business Bay from 2026 to 2028, equal to 64% of the 18,176 homes let there today.

Ready prices per sqft fell in 50% of 131 buildings (counted once per bedroom type) in Business Bay with sales in both years; the typical one moved −0.1%.

The pooled median moved +5.4%: 5.5 points more than the typical building, because different buildings traded in each year.

New-lease rents fell in 79% of 124 buildings (counted once per bedroom type) with leases in both years; the typical one moved −5.6%.

How these are counted
Find service-charge budget evidence for Ontario Tower

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

About Ontario Tower

Ontario Tower is an apartment building completed in 2010 in Business Bay with 175 registered units. 192 sales are registered with the Dubai Land Department.

Pinned from Google's place record for the registered name.Open in Google Maps

The building, as registered

Service charge
AED 19.95/sqft a year · 2026 budget
Floors
30

Drive times · typical

Downtown
9 min · 3.3 km
DXB Airport
16 min · 17 km
DIFC
8 min · 6.6 km
Dubai Marina
19 min · 20 km
Palm Jumeirah
25 min · 25 km

Nearest, as registered

Metro
Business Bay Metro Station
Mall
Dubai Mall
Landmark
Downtown Dubai

Ontario Tower: AED 1,277 per sq ft, 37% below the median Business Bay building, and a 7.3% gross yield, above the area's median building

The building's own figures against its area's registered market, last twelve months.

Price per sq ft

Median registered sale price, AED per sq ft, last 12 months

  1. Ontario TowerAED 1,277
  2. Business Bay, readyAED 1,869
  3. Business Bay, off-planAED 2,685
  4. Dubai, readyAED 1,421
Dark: this building. Grey: the area's ready and off-plan medians, and Dubai's ready median. Source: DLD registered sales.

Gross yield against the area's buildings

Axis: gross yield, % of price

Ontario TowerBusiness Bay median building

  1. Business Bay7.3% vs 6.6%
Line: the 10th to 90th percentile of 87 buildings in Business Bay. Gross: before service charge, vacancy and fees. Sources: DLD, Ejari.

Upcoming supply in Business Bay, by handover quarter

Prices per sq ft around Ontario Tower, on the map
Pills show median sale price, AED. 119 buildings pinned from Google place records and Apple geocoding · Ontario Tower is the inverted pinOpen in Apple Maps

Before you decide

The facts that can change the return, each with the date it rests on.

Rent or buy

What owning a 1 bed here costs against renting it, at stated assumptions you can change.

Monthly cost of owning against renting, with your own deposit and rate

Prefilled from Ontario Tower’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.

Residency
More assumptions

The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.

Monthly mortgage
4,503AED
4.5% over 25 years
Monthly rent
6,180AED
AED 74,159 a year
Cash needed at purchase
281,640AED
20% down plus AED 79,102 in fees

Owning costs AED 280,617 less than renting over 5 years, once the sale is counted.

Buying overtakes renting in year 2.

Cumulative cost by year: renting (solid) against owning net of a sale that year (dashed), at the assumptions above.

Ask about Ontario Tower

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Common questions

What is the rental yield in Ontario Tower?
Ontario Tower returns 7.3% gross: a median new-contract rent of AED 74,159 a year (40 Ejari contracts in 12 months) over a price benchmark of AED 1.01M (median of 15 sales in the last 12 months, latest Oct 2026), before service charge, agency fees or vacant months.
How much does a 1 bedroom in Ontario Tower cost?
The median registered sale price is AED 1.01M (1,263 AED/sqft), from 15 Dubai Land Department sales in the last 12 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 12 months have a median of 1,263 AED/sqft, across 15 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.
Have prices in Ontario Tower risen or fallen?
Median price per square foot moved +10.1% over the last 12 months against the 12 before it, on 15 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
How does Ontario Tower compare with Business Bay?
Its 7.3% gross yield sits +0.7 pts against the Business Bay median of 6.6%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.

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Ontario Tower sale record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
15 registered sales in the last 12 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
Canonical record
/sale/apartments/dubai/business-bay/ontario-tower
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Ontario Tower sale prices and yield.” Business Bay, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/business-bay/ontario-tower

Stable dataJSON