Ontario Tower is a commercial office building in Business Bay, Dubai, providing strata-titled commercial office accommodation within one of Dubai's most established and active central business districts. The building serves the broad occupier base characteristic of Business Bay's mid-market strata segment — professional services firms, financial services operators, technology companies, and regional corporate offices seeking a central Dubai commercial address at competitive pricing. The freehold ownership structure allows individual units to be purchased or leased, making Ontario Tower accessible to both owner-occupiers and individual investors targeting the Business Bay commercial strata market.
Business Bay · Office
Ontario Tower
40-storey freehold Grade A office tower by Al Habtoor Group, completed 2010.
- Ownership
- Freehold
Commercial Building
Overview
Office stock
Ontario Tower provides strata-titled commercial office units across its floors, accommodating the diverse occupier profile that drives demand in Business Bay's commercial strata market. Unit configurations serve SMEs, professional services practices, technology businesses, and regional corporate offices that form the core of the Business Bay occupier community. The strata structure supports a mix of owner-occupier and investor demand, with the Business Bay address providing a recognised central Dubai commercial presence that underpins consistent leasing activity across the district's broad occupier base and through different phases of the real estate cycle.
Rental rates
Ontario Tower is positioned within the mid-market tier of the Business Bay strata leasing segment. Business Bay offers a broad pricing range from accessible strata products through to premium Grade A institutional towers, and Ontario Tower competes within the mid-market band alongside comparable strata commercial buildings in the cluster. The Business Bay Metro Station proximity and central Dubai location underpin consistent occupier demand from businesses prioritising connectivity and address value at competitive pricing relative to DIFC and Downtown Dubai Grade A alternatives. Standard lease terms of one to three years apply across the Business Bay strata commercial segment.
Sales prices
Ontario Tower strata units are available for purchase through the secondary market, with demand from individual investors and owner-occupiers attracted by the Business Bay address and accessible capital entry pricing. Business Bay's secondary market is active and liquid relative to smaller commercial districts, supported by the depth and diversity of the occupier base. Gross yields are consistent with the mid-market Business Bay strata benchmark. Buyers should confirm current service charge levels, the owners' association's reserve fund position, and individual unit condition before committing to any acquisition.
Dubai Land Department register
Registered sales
Register extract · registered sales to 7 Oct 2026
Show sizes and rates in
- Recorded sales
- 227register extract, to 7 Oct 2026
- Recorded span
- 2009 – 2026
- AED / sq ft
- 1,284median, 222 unit sales to 7 Oct 2026
| 7 Oct 2026 | Flat | 803 | 895,370 | 1,115 |
| 1 Oct 2026 | Flat | 982 | 1,100,000 | 1,120 |
| 18 Sept 2026 | Flat | 982 | 1,258,372 | 1,281 |
| 18 Sept 2026 | Flat | 982 | 1,200,000 | 1,222 |
| 18 Sept 2026 | Flat | 982 | 1,184,000 | 1,206 |
| 15 Sept 2026 | Flat | 402 | 620,000 | 1,542 |
| 8 Sept 2026 | Flat | 802 | 800,000 | 997 |
| 3 Sept 2026 | Flat | 982 | 1,100,000 | 1,120 |
| 1 Sept 2026 | Office | 1,280 | 1,700,000 | 1,328 |
| 17 Aug 2026 | Flat | 982 | 1,203,972 | 1,226 |
Showing 10 of 10 records held — the register extract published with this page.
These figures are registered per square metre — the unit the source data is recorded in, and the unit the basis line above describes. Shown here per square foot, divided by 10.7639, the exact number of square feet in a square metre. Nothing is estimated or re-measured — switch back to m² to read each figure exactly as registered.
The Dubai Land Department publishes rental contracts at project/tower level — there are no unit numbers in the register, so these figures describe the tower, not any specific unit.
Location and access
Ontario Tower is located in Business Bay, with the Business Bay Metro Station (Red Line) providing direct public transport connectivity to Downtown Dubai, DIFC, Dubai Marina, and the broader metropolitan network. Sheikh Zayed Road (E11) and Al Khail Road provide strong vehicle connectivity across the city. The Business Bay district provides an established business amenity environment — retail, hospitality, F&B, and hotel infrastructure — distributed along the Dubai Creek extension waterfront. Bus connectivity and ride-hailing services supplement Metro access throughout the district. Dubai International Airport is approximately 15 to 20 minutes by road in off-peak conditions.
Risks
Ontario Tower faces the characteristic risks of Business Bay strata commercial stock: sustained new commercial supply delivery in one of Dubai's most active development markets applies ongoing competitive pressure on mid-market strata buildings. The strata governance structure across multiple individual unit owners introduces management complexity that affects maintenance consistency and service charge stability. Occupiers should confirm individual unit condition before committing to a lease, and investors should verify service charge levels and the owners' association's financial health and reserve fund position before acquiring any unit. Business Bay's pace of new supply means maintaining competitive pricing is critical for occupier retention at renewal. Prospective occupiers should request the owners' association's most recent financial statements and service charge schedule before signing any lease, and should conduct a physical inspection of the specific unit they intend to occupy to assess fit-out condition and any outstanding maintenance. Investors should model service charge levels into net yield calculations and assess the building's capital expenditure reserve position before acquiring any unit. Business Bay's sustained demand from regionally active businesses makes it one of Dubai's most resilient commercial districts for strata investment.
Perspective
Ontario Tower is a mid-market Business Bay strata commercial option suited to the broad range of SME and professional services occupiers attracted to the district's central Dubai positioning and Metro connectivity. Business Bay's scale, occupier diversity, and established business amenity infrastructure make it one of Dubai's most practical central commercial addresses across a wide range of business profiles. For investors, Ontario Tower delivers yield-focused exposure to Business Bay's active commercial strata segment at accessible entry pricing. Service charges, building maintenance, and individual unit condition are the standard due diligence requirements before committing to any lease or acquisition in this building. Confirm service charges, verify individual unit condition, and assess the owners' association's governance and reserve fund before committing to any lease or acquisition. Business Bay's central Dubai positioning, Business Bay Metro Station connectivity, and established occupier community infrastructure provide the structural demand advantages that support consistent strata investment performance across market cycles.
Location
Ontario Tower — Business Bay, Dubai
