Ontario Tower, Business Bay

    Sold Prices · DLD Data

    Ontario Tower

    Business Bay, Dubai

    AED 1,388

    Avg Price / sqft

    AED 1.5M

    Avg Sale Price

    29

    DLD Sales Recorded

    8.2%

    Est. Gross Yield

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    Market snapshot

    Ontario Tower — the numbers

    Ontario Tower is a residential building in Business Bay, Dubai. Dubai Land Department records show 29 sales in the building, at an average price of AED 1.5M — around AED 1,388 per square foot.

    Since January 2026, 26 sales completed in Ontario Tower, with the average price per square foot moving from AED 1,428 to AED 1,242 (-13%). That softening can open negotiating room for buyers.

    Benchmarked against average residential rents in Business Bay, a typical unit in Ontario Tower returns an estimated 8.2% gross rental yield before service charges — a useful starting point for investors comparing towers across Business Bay.

    Figures are from Dubai Land Department transaction records for Ontario Tower; individual units vary by floor, view and finish. Gross yield is estimated against average Business Bay residential rents, before service charges.

    Price trend

    Price trend in Ontario Tower

    Average sale price per sqft by month since January 2026 (single-sale months excluded)-13%

    1,2201,3401,460Jan 26: AED 1,428/sqft · 5 salesJan 26Feb 26: AED 1,500/sqft · 7 salesFeb 26May 26: AED 1,321/sqft · 2 salesMay 26Jun 26: AED 1,180/sqft · 2 salesJun 26Aug 26: AED 1,426/sqft · 3 salesAug 26Sep 26: AED 1,242/sqft · 7 salesSep 26

    Unit types

    Prices by unit type

    Studio

    AED 680K

    AED 1,691/sqft

    2 sales · last 12 months

    1 Bed

    AED 1.0M

    AED 1,266/sqft

    8 sales · last 12 months

    2 Bed

    AED 1.3M

    AED 1,285/sqft

    10 sales · last 12 months

    Transactions

    Recent sold prices

    DateTypeBedsSize (sqft)PriceAED/sqft
    01 Oct 2026Sales2982AED 1.1MAED 1,120
    18 Sept 2026Sales2982AED 1.2MAED 1,206
    18 Sept 2026Sales2982AED 1.2MAED 1,222
    18 Sept 2026Sales2982AED 1.3MAED 1,281
    15 Sept 2026Sales0402AED 620KAED 1,542
    08 Sept 2026Sales1802AED 800KAED 997
    03 Sept 2026Sales2982AED 1.1MAED 1,120
    01 Sept 2026Sales-1,280AED 1.7MAED 1,328
    17 Aug 2026Sales2982AED 1.2MAED 1,226
    10 Aug 2026Sales-1,572AED 2.6MAED 1,654
    10 Aug 2026Sales-1,765AED 2.5MAED 1,398
    18 Jul 2026Sales1802AED 1.1MAED 1,309
    16 Jun 2026Sales1802AED 1.0MAED 1,263
    12 Jun 2026Sales1802AED 880KAED 1,097
    22 May 2026Sales1796AED 1.0MAED 1,316
    12 May 2026Sales1791AED 1.0MAED 1,326
    21 Apr 2026Sales-2,142AED 4.8MAED 2,217
    26 Feb 2026Sales-1,016AED 1.8MAED 1,772
    20 Feb 2026Sales2982AED 1.5MAED 1,534
    19 Feb 2026Sales2982AED 1.3MAED 1,273

    About the area

    Ontario Tower is in Business Bay

    Business Bay is a dynamic urban community situated adjacent to Dubai's iconic Downtown, catering primarily to professionals and expatriates seeking an engaging city lifestyle. This strategically located area runs alongside the picturesque Dubai Canal, offering residents breathtaking waterfront views and a vibrant atmosphere that harmoniously blends work and leisure.

    Explore the Business Bay area guide

    Nearby

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    FAQ

    Ontario Tower: frequently asked questions

    What is the average price in Ontario Tower?

    The average recorded sale price in Ontario Tower, Business Bay is AED 1.5M, around AED 1,388 per square foot, based on Dubai Land Department transaction data.

    Are prices in Ontario Tower going up or down?

    Average sale prices in Ontario Tower have eased -13% per square foot since January 2026, across 26 DLD-recorded sales.

    What rental yield can I expect in Ontario Tower?

    Based on average Business Bay residential rents against sale prices in the building, a typical unit in Ontario Tower yields roughly 8.2% gross per year, before service charges and fees.

    How many properties have sold in Ontario Tower?

    29 sales have been recorded in Ontario Tower according to DLD data.

    Considering Ontario Tower?

    Get honest, DLD-backed guidance on pricing, yields and availability in Business Bay from Binayah's advisors — no pressure, just the numbers.

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