
Ontario Tower
Studios to two-beds in Business Bay. 12 apartments sold in the last 12 months; every sale, rent and unit is below.
About Ontario Tower
Ontario Tower is a 29‑storey mixed‑use high‑rise in Business Bay, a central district south of Downtown Dubai and alongside the Dubai Canal. Completed in 2011 by Rose Homes Investment, the building combines residential apartments with commercial offices and ground‑floor retail, reflecting the area’s urban, business‑oriented character. Residences in Ontario Tower comprise studios, one‑bedroom and two‑bedroom apartments, with typical layouts around 400 sq ft for studios, about 800 sq ft for one‑bedroom units and roughly 980 sq ft for two‑bedroom homes. The tower is broadly contemporary in style, with functional floor plans, large windows and city or Burj Khalifa‑facing views in select units. In addition to its 175 residential units, the property includes office suites and showroom spaces, making it a practical choice for those who value living close to work in a mixed commercial‑residential setting. On‑site amenities typically include a staffed lobby and concierge, high‑speed elevators, 24/7 security with CCTV, covered parking, and shared leisure facilities such as a swimming pool, gym and health club. Convenience retail and cafés are located within the building or immediately nearby, while a wider selection of dining, supermarkets and services is available throughout Business Bay and in neighboring Downtown Dubai. Families should note that dedicated schools are not immediately adjacent; most schooling options are a drive away in nearby communities. Ontario Tower offers straightforward connectivity. Sheikh Zayed Road and Al Khail Road can be reached within minutes, providing access across the city and to key business districts such as DIFC. Public transport options include the Red Line at Business Bay Metro Station and frequent taxis and ride‑hailing services in the area. The location places residents a short drive from Dubai Mall and the Burj Khalifa, and close to the canal promenade for outdoor walks and cycling. Overall, Ontario Tower suits professionals seeking an address in a well‑established Business Bay building with practical amenities and strong links to the city’s commercial and leisure hubs.
175 apartments over 25 floors: 22 studios of 201 to 402 sqft, 89 one-beds of 40 to 807 sqft and 43 two-beds of 491 to 982 sqft. The service charge is AED 17.81 per sqft a year.
12 apartments sold in the 12 months to March 2026, at a median of AED 1,332 per sqft, up 11.2% on the year before. Most of the trading is in one-beds: 7 of the 12 sales, at AED 939,796 to 1,200,000. 27 rental contracts were registered over the same 12 months, at a typical AED 80,000 a year.
- Developer
- Rose Homes Investment
- Completed
- 2010
- Floors
- 25
- Units
- 175
- Unit types
- Studio to 2-bed
Average prices in Ontario Tower
In Ontario Tower, typical sale prices over the last 12 months were around AED 740,000 for studios, AED 1,060,000 for one-beds and AED 1,330,000 for two-beds.
Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.
Price history in Ontario Tower
Every registered sale in the last 12 months; the dashed line is the trend, grey dots are flagged outliers left out of it.
Transaction history in Ontario Tower
- Completed2-bed · 982 sqft 18 Feb 2026AED 1,519,9241,548 /sqft
- Completed1-bed · 802 sqft 03 Feb 2026AED 1,200,0001,494 /sqft
- Completed2-bed · 982 sqft 13 Jan 2026AED 1,300,0001,324 /sqft
- CompletedStudio · 402 sqft 08 Jan 2026AED 740,0001,841 /sqft
- Completed1-bed · 802 sqft 02 Jan 2026AED 1,062,0401,324 /sqft
- Completed1-bed · 802 sqft 23 Dec 2025AED 1,075,0001,340 /sqft
- Completed2-bed · 982 sqft 12 Dec 2025AED 1,350,0001,375 /sqft
- Completed2-bed · 982 sqft 12 Dec 2025AED 1,180,0001,202 /sqft
- Completed802 sqft 05 Dec 2025AED 946,0001,180 /sqft
- Completed801 sqft 03 Dec 2025AED 1,100,0001,373 /sqft
Over the last 12 months, Ontario Tower has recorded 12 apartment sales. Typical homes sold for around AED 1.09M (about AED 1,332 per sqft) with a median size of 802 sqft; most were one-beds, from roughly AED 740K to AED 1.52M.
Units in Ontario Tower
175 units- Unit R1001Studio · 402 sqftSold AED 424K, May 2011
- Unit R1002982 sqftSold AED 1.18M, Aug 2025
- Unit R10031-bed · 803 sqftSold AED 828K, Dec 2012
- Unit R10041-bed · 802 sqftSold AED 200K, Mar 2023
- Unit R10051-bed · 802 sqftSold AED 910K, Dec 2024
- Unit R10061-bed · 791 sqftSold AED 975K, Aug 2011
- Unit R10072-bed · 982 sqftSold AED 1.12M, Oct 2011
- Unit R101Studio · 398 sqftSold AED 440K, Jul 2022
- Unit R1022-bed · 982 sqftSold AED 1.29M, Nov 2024
- Unit R1031-bed · 807 sqftSold AED 840K, May 2025
Every unit in Ontario Tower, by number
- R1001
- R1002
- R1003
- R1004
- R1005
- R1006
- R1007
- R101
- R102
- R103
- R104
- R105
- R106
- R107
- R1101
- R1102
- R1103
- R1104
- R1105
- R1106
- R1107
- R1201
- R1202
- R1203
- R1204
- R1205
- R1206
- R1207
- R1301
- R1302
- R1303
- R1304
- R1305
- R1306
- R1307
- R1401
- R1402
- R1403
- R1404
- R1405
- R1406
- R1407
- R1501
- R1502
- R1503
- R1504
- R1505
- R1506
- R1507
- R1601
- R1602
- R1603
- R1604
- R1605
- R1606
- R1607
- R1701
- R1702
- R1703
- R1704
- R1705
- R1706
- R1707
- R1801
- R1802
- R1803
- R1804
- R1805
- R1806
- R1807
- R1901
- R1902
- R1903
- R1904
- R1905
- R1906
- R1907
- R2001
- R2002
- R2003
- R2004
- R2005
- R2006
- R2007
- R201
- R202
- R203
- R204
- R205
- R206
- R207
- R2101
- R2102
- R2103
- R2104
- R2105
- R2106
- R2107
- R2201
- R2202
- R2203
- R2204
- R2205
- R2206
- R2207
- R2301
- R2302
- R2303
- R2304
- R2305
- R2306
- R2307
- R2401
- R2402
- R2403
- R2404
- R2405
- R2406
- R2407
- R2501
- R2502
- R2503
- R2504
- R2505
- R2506
- R2507
- R301
- R302
- R303
- R304
- R305
- R306
- R307
- R401
- R402
- R403
- R404
- R405
- R406
- R407
- R501
- R502
- R503
- R504
- R505
- R506
- R507
- R601
- R602
- R603
- R604
- R605
- R606
- R607
- R701
- R702
- R703
- R704
- R705
- R706
- R707
- R801
- R802
- R803
- R804
- R805
- R806
- R807
- R901
- R902
- R903
- R904
- R905
- R906
- R907
Nearby buildings in Business Bay
All 170 →| Building | Completed | Sale /sqft | Rent /sqft | Yield |
|---|---|---|---|---|
| Polaris Tower | 2022 | Few sales | ||
| Kempinski Residences Business Bay | Few sales | |||
| Regal Tower | 2012 | Few sales | ||
| Zada Tower By Damac | 2023 | AED 2,216 | AED 166 | 7.5% |
| One by Omniyat | 2010 | Few sales | ||
| Corporate Bay | Few sales | |||
| West Five Business Bay Residence | 2024 | AED 2,377 | AED 157 | 6.6% |
| Merano Tower | 2020 | AED 1,571 | AED 124 | 7.9% |
| West Bay Tower | 2024 | AED 1,445 | ||
| Citadel Tower | 2010 | Few sales |
Ontario Tower in numbers
- Across 12 DLD sales in the 12 months to March 2026, the median price in Ontario Tower was AED 1,332 per sqft and the typical home sold for about AED 1.09M.
- Completed in 2010 by Rose Homes Investment; 25 floors of studios to two-beds; service charge AED 17.81 per sqft a year.
- One-beds of 40 to 807 sqft sold for AED 939,796 to 1,200,000 between November 2025 and February 2026, a median AED 1,324 per sqft.
- An one-bed of 40 to 807 sqft rents for AED 62,000 to 110,000 a year on the 18 contracts registered in the last 12 months.
- Gross rental yield 7.4%: the median rent per sqft over the median sale price per sqft, before service charges.
Source: Dubai Land Department. Updated 1 March 2026.
Questions about Ontario Tower
How much does an one-bed in Ontario Tower cost?
7 one-beds sold in the 12 months to March 2026, for AED 939,796 to 1,200,000; the median was AED 1,062,040, or AED 1,324 per sqft.
How much is an one-bed for rent in Ontario Tower?
About AED 78,000 a year: that is the median of the 18 contracts for one-beds registered with Ejari in the 12 months to March 2026, from AED 62,000 to 110,000.
What is the rental yield in Ontario Tower?
About 7.4% gross across the building, from about 7.8% for two-beds to 7.3% for one-beds, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.
Have prices in Ontario Tower gone up?
The median price per sqft rose from about AED 1,198 to AED 1,332 over the 12 months to March 2026, up 11.2%, on 12 sales against 40 the year before.
What is the service charge in Ontario Tower?
AED 17.81 per sqft a year. For a typical 802 sqft home that is about AED 14,300 a year.
Who built Ontario Tower and when?
Rose Homes Investment; completed in 2010; 25 floors; 175 apartments.
How many apartments are there in Ontario Tower?
175, studios to two-beds. Each has its own page with its full sales and rental history.
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