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Dubai project data

ONTARIO TOWER: sale prices and rents

أونتاريو تاور

Registered sales and rent contracts for the project ONTARIO TOWER in Business Bay, from Dubai Land Department open data.

ONTARIO TOWER (Business Bay): 53 registered sales in the 12 months to September 2026, median AED 1,324 per sq ft, gross rental yield 7.83%. Source: Dubai Land Department open data via data.dubai, as of 23 Oct 2026, calculated by Zolia.

Key figures, last 12 months

Data as of 23 Oct 2026 · Period Oct 2025 – Sep 2026

Registered sales
53
−26.4% vs previous 12 months
Median price per sq ft
AED 1,324 per sq ft
+13.0% vs previous 12 months
Median sale price
AED 1.2m
Off-plan share of sales
under 3
Registered rent contracts
113
Median annual rent
AED 76,000
Gross rental yield
7.83%
Mortgage registrations
9
Units in the register
300

Indicative figures from registered transactions and rent contracts, not a valuation of any unit.

Registered mortgage transactions only, without interest rates and without lenders.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Off-plan and ready sales in ONTARIO TOWER

StatusSalesMedian per sq ftMiddle range per sq ft
Off-planunder 3under 3under 3
Ready53AED 1,324 per sq ft1,226 – 1,398

Off-plan sales are sales of properties before completion, as registered in Dubai Land Department transactions; ready sales are sales of completed properties.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Rents and rental yield in ONTARIO TOWER

Registered rent contracts
113
Median annual rent
AED 76,000
Middle range of registered annual rents: AED 66,150 – AED 92,000
Median annual rent per sq ft
AED 100 per sq ft
Gross rental yield
7.83%

The permitted rent increase is set by the Smart Rental Index of the Dubai Land Department; this page does not compute an index value. About the Smart Rental Index

Indicative figures from registered transactions and rent contracts, not a valuation of any unit.

Price per sq ft and rents by unit type in ONTARIO TOWER

Unit typeSalesMedian per sq ftMedian annual rentGross yield
Studio4AED 1,608 per sq ftAED 53,000under 30 sales (4)
1 bedroom16AED 1,245 per sq ftAED 75,000under 30 sales (16)
2 bedrooms13AED 1,226 per sq ftAED 100,000under 30 sales (13)

Indicative figures from registered transactions and rent contracts, not a valuation of any unit.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Price trend in ONTARIO TOWER

MonthSalesMedian per sq ftRent contracts
Oct 202410AED 1,048 per sq ft7
Nov 20246AED 1,100 per sq ft14
Dec 20246AED 1,071 per sq ft9
Jan 20253AED 1,189 per sq ft6
Feb 20253AED 1,232 per sq ft5
Mar 2025under 3under 315
Apr 20253AED 1,153 per sq ft5
May 20259AED 1,330 per sq ft10
Jun 20256AED 1,125 per sq ft3
Jul 2025under 3under 37
Aug 202514AED 1,109 per sq ft8
Sep 20259AED 1,273 per sq ft17
Oct 20259AED 1,245 per sq ft10
Nov 20255AED 1,320 per sq ft13
Dec 202511AED 1,340 per sq ft10
Jan 20265AED 1,324 per sq ft8
Feb 20267AED 1,534 per sq ft7
Mar 2026under 3under 37
Apr 2026under 3under 38
May 2026under 3under 312
Jun 2026under 3under 35
Jul 2026under 3under 311
Aug 20263AED 1,398 per sq ft7
Sep 20267AED 1,222 per sq ft15
Sales per calendar year
YearSalesMedian per sq ft
200938AED 1,111 per sq ft
2011138AED 1,257 per sq ft
201242AED 1,257 per sq ft
201394AED 1,386 per sq ft
201434AED 1,340 per sq ft
201522AED 1,230 per sq ft
201615AED 1,259 per sq ft
201738AED 1,138 per sq ft
201819AED 1,302 per sq ft
201914AED 806 per sq ft
20207AED 611 per sq ft
20219AED 675 per sq ft
202226AED 793 per sq ft
202323AED 954 per sq ft
202460AED 1,060 per sq ft
202575AED 1,245 per sq ft

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Location

ONTARIO TOWER is a project in the DLD area Business Bay.

Figures for Business Bay

Names as in the registered transactions and rent contracts; company names are not shown.

Buildings in ONTARIO TOWER

  • ONTARIO TOWER 53 registered transactions and rent contracts in 12 months.

More projects in Business Bay

  • VERA TOWER 382 registered transactions and rent contracts in 12 months.
  • Downtown Residences 364 registered transactions and rent contracts in 12 months.
  • MAG 318 289 registered transactions and rent contracts in 12 months.
  • WINDSOR MANOR 265 registered transactions and rent contracts in 12 months.
  • MARQUISE SQUARE TOWER 247 registered transactions and rent contracts in 12 months.
  • THE COSMOPOLITAN 219 registered transactions and rent contracts in 12 months.

Questions about ONTARIO TOWER

How many sales were registered in ONTARIO TOWER?
53 sales were registered in ONTARIO TOWER in Oct 2025 – Sep 2026.
What is the median price per sq ft in ONTARIO TOWER?
The median price of registered sales in ONTARIO TOWER was AED 1,324 per sq ft in Oct 2025 – Sep 2026.
What is the median annual rent in ONTARIO TOWER?
The median annual rent of registered rent contracts in ONTARIO TOWER was AED 76,000 in Oct 2025 – Sep 2026.
What is the gross rental yield in ONTARIO TOWER?
The gross rental yield of ready properties in ONTARIO TOWER was 7.83% in Oct 2025 – Sep 2026, before costs and vacancy.
Which DLD area is ONTARIO TOWER in?
ONTARIO TOWER is registered in the Dubai Land Department area Business Bay.

Method and source

All Dubai projects with figuresAll Dubai areasHow these figures are calculated

Figures based on fewer than 3 records are not shown.

Source: Dubai Land Department, open data via data.dubai (as of 23 Oct 2026). Prepared by Zolia; not an official product of the Dubai Land Department.

Open data portal: data.dubai · Licence: Dubai Open Data Licence

  • Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae