Ontario Tower, Business Bay

Ontario Tower is a mixed-use building in Business Bay, Dubai, developed by Rose Home Investment. It holds about 296 units: studios, 1-bedroom apartments, 2-bedroom apartments, commercial units. Depending on the unit, windows look out over Burj Khalifa and Community.

The building was completed in 2012 and has been in use for about 14 years. 48 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 1,277 per sq ft.

Ontario Tower is one of 257 buildings in Business Bay: 149 are complete and 61 are still being built.

• A mixed-use ready building
• Located in Business Bay, Dubai
• Developed by Rose Home Investment
• Completed in Q1 2012
• Unit types: Studio, 1 Bed, 2 Beds, Commercial
• Sizes from 400 to 8,990 sq ft
• Views: Burj Khalifa, Community
• Features: Gated Community, Seafront
• Service charge from AED 14.25 per sq ft
• Business Bay metro station 0.6 km away

Status

Ready

Developer

Rose Home Investment

Location

Business Bay, Dubai

Completed

Q1 2012

Unit types

Studio, 1 Bed, 2 Beds, Commercial

Prices from

AED 360.0K

Median price per sq ft

AED 1,277

Median gross yield

8.5%

Service charge

AED 19.95 per sq ft (2026)

Nearest metro

Business Bay Interchange, 0.6 km

Ontario Tower lists 2 features and facilities for its residents.

• Gated Community
• Seafront

Price ranges from the most recent registered sales, by unit type:

• 2-bedroom apartments: AED 1.1M to AED 1.5M (982 sq ft), across 10 sales
• 1-bedroom apartments: AED 800.0K to AED 1.2M (791 to 803 sq ft), across 8 sales
• Studios: AED 620.0K to AED 740.0K (402 sq ft), across 2 sales

2-bedroom homes in Ontario Tower were let for AED 80.0K to AED 110.0K a year across 4 recent contracts, with a median of AED 87.5K.

Yearly rents from recent registered contracts, by unit type:

• 2-bedroom apartments: AED 80.0K to AED 110.0K a year (982 sq ft), across 4 contracts
• 1-bedroom apartments: AED 62.5K to AED 100.0K a year (800 to 802 sq ft), across 3 contracts
• Studios: AED 48.0K a year (402 sq ft)

Every sale in Ontario TowerEvery rent contract in Ontario Tower

The 2026 service charge in Ontario Tower is AED 15.85 per sq ft for commercial units, AED 15.85 per sq ft for offices, AED 19.95 per sq ft for homes, AED 14.25 per sq ft for shops. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department. Each parking space adds about AED 542 a year.

Source: Dubai Land Department service charge index. Rates are reviewed each year.

The nearest Dubai Metro station from Ontario Tower is Business Bay (red line, 0.6 km, about 7 min walk), then Burj Khalifa/Dubai Mall (red line, 1.9 km, about 6 min drive). Stations planned on new lines nearby include Business Bay Interchange (golden line, 0.6 km, about 7 min walk) and Burj Khalifa Road (golden line, 0.9 km, about 11 min walk).

• Business Bay InterchangeGolden line · 0.6 km · about 7 min walk
• Business BayRed line · 0.6 km · about 7 min walk
• Burj Khalifa RoadGolden line · 0.9 km · about 11 min walk
• Burj Khalifa/Dubai MallRed line · 1.9 km · about 6 min drive
• District 1 near High Speed Rail lineGolden line · 2.3 km · about 7 min drive
• City WalkGolden line · 2.4 km · about 7 min drive

The closest is Spinneys/ Ontario Tower, 0 km from Ontario Tower (about 2 min walk).

• Spinneys/ Ontario TowerSupermarket · 0 km · about 2 min walk
• Spinneys / The Executive TowersSupermarket · 0.4 km · about 5 min walk
• Bay AvenueShopping Mall · 0.6 km · about 7 min walk
• Choitram, The Executive TowersSupermarket · 0.9 km · about 11 min walk
• Al Maya / 8 Boulevard Walk, Downtown DubaiSupermarket · 1 km · about 12 min walk

The closest is Oberoi Hotel, 0.2 km from Ontario Tower (about 2 min walk).

• Oberoi HotelHotel · 0.2 km · about 2 min walk
• JW Marriott Marquis Business BayHotel · 0.5 km · about 6 min walk
• Maward RestaurantRestaurant · 1 km · about 12 min walk
• Vida Hotels and ResortsHotel · 1.3 km · about 5 min drive
• Villa Rotana - DubaiHotel · 1.4 km · about 5 min drive

The closest is Medcare Hospital, 2 km from Ontario Tower (about 6 min drive).

• Medcare HospitalHospital · 2 km · about 6 min drive
• Al Amal HospitalHospital · 2 km · about 6 min drive
• Emirates HospitalHospital · 2.8 km · about 8 min drive
• Internationl Medical CenterHospital · 3.1 km · about 8 min drive
• Neuro Spinal hospitalHospital · 3.5 km · about 9 min drive

The closest is Dubai Bowling Centre, 1.4 km from Ontario Tower (about 5 min drive).

• Dubai Bowling CentreSports Academy · 1.4 km · about 5 min drive
• Safa ParkPark · 1.6 km · about 5 min drive
• Al Quoz Pond ParkPark · 2.5 km · about 7 min drive
• Jumeirah Beach ParkPark · 3 km · about 8 min drive
• Falcon Heritage and Sports CentreSports Academy · 4.7 km · about 11 min drive

The nearest is Japanese School, 1.1 km away. Ratings are the KHDA's latest inspection grades.

• Japanese SchoolJapanese · KHDA: Good · 1.1 km
• JSS Private School L.L.CIndian · KHDA: Very good · 1.1 km
• Horizons English School L.L.CUK · KHDA: Outstanding · 1.3 km
• Harrow International School L.L.CUK* · KHDA: Not inspected yet · 1.4 km
• Iranian Towheed Boys SchoolIranian - International Baccalaureate · KHDA: Good · 1.4 km
• Dubai British School MiraUK · KHDA: Not inspected yet · 1.4 km

Business Bay has 257 buildings. A few others to compare Ontario Tower with:

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  014 Tower

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• Ready

  15 Northside Tower 1

  Business Bay · Select Group

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• Ready

  15 Northside Tower 2

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  51 @ Business Bay

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• Off-plan

  77S

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• Ready

  AG Tower

  Business Bay · Arabian Gulf

  Completed 2021