Market bulletin · Thu, 22 Oct 2026
Ontario Tower: 2 sales worth AED 2.00M in 30 days
Ontario Tower recorded 2 sales worth AED 2.00M in the 30 days to Thu, 22 Oct 2026, down 33.3% on the previous 30 days. Over the last week 0 sales were registered (AED 0), against 0 the week before.
The median sale over the last three months was AED 1.15M, or AED 1,171/sqft.
By market over 12 months: secondary (ready) sales 100%.
In Business Bay, Ontario Tower ranked #11 of 11 leading projects by 12-month sales value; it is developed by Dubai Continental Investment Group.
Leases registered in the last three months had a median annual rent of AED 65K. The best gross yield is on 2 BR apartments at about 8%.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | AED 1,340 |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | — |
| Aug 25 | AED 1,202 |
| Jul 25 | — |
| Jun 25 | — |
| May 25 | — |
| Apr 25 | — |
| Mar 25 | — |
| Feb 25 | — |
| Jan 25 | — |
| Dec 24 | AED 1,046 |
| Nov 24 | AED 1,104 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 2 |
| Sept 26 | 0 | 0 | 3 |
| Aug 26 | 0 | 0 | 1 |
| Jul 26 | 0 | 0 | 1 |
| Jun 26 | 0 | 0 | 2 |
| May 26 | 0 | 0 | 0 |
| Apr 26 | 0 | 0 | 0 |
| Mar 26 | 0 | 0 | 0 |
| Feb 26 | 0 | 0 | 3 |
| Jan 26 | 0 | 0 | 3 |
| Dec 25 | 0 | 0 | 5 |
| Nov 25 | 0 | 0 | 3 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 2 | down 33.3% | AED 2.00M | — | — |
| Last 3 months | 6 | up 100.0% | AED 6.76M | 1,171 | — |
| Last 6 months | 9 | down 35.7% | AED 9.70M | 1,222 | down 8.3% |
| Last 12 months | 23 | down 45.2% | AED 25.3M | 1,273 | up 8.5% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Secondary (ready) | 23 | 100% | AED 1.10M | 1,273 | up 8.5% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 2 | 9% | — | — | — |
| 1 bedroom | 10 | 43% | AED 979K | 1,226 | up 9.0% |
| 2 bedrooms | 11 | 48% | AED 1.25M | 1,273 | up 3.3% |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 23 | 100% | AED 1.10M | 1,273 | up 8.5% |
Rents & yields
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | — |
| Sept 26 | AED 61K |
| Aug 26 | — |
| Jul 26 | AED 69K |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | AED 85K |
| Dec 25 | AED 77K |
| Nov 25 | AED 78K |
| Oct 25 | AED 100K |
| Sept 25 | AED 60K |
| Aug 25 | — |
| Jul 25 | — |
| Jun 25 | — |
| May 25 | AED 70K |
| Apr 25 | AED 88K |
| Mar 25 | AED 70K |
| Feb 25 | — |
| Jan 25 | AED 75K |
| Dec 24 | — |
| Nov 24 | AED 74K |
- Leases (12M)
- 124
- New leases
- 72.6%
- Median rent 3M
- AED 65K
- Rent/sqft 3M
- AED 112
| 1 BR apartments | AED 75K / AED 979K | 7.7% |
|---|---|---|
| 2 BR apartments | AED 100K / AED 1.25M | 8.0% |
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| Studio | 19 | AED 53K | AED 48K | 132 |
| 1 BR | 50 | AED 75K | AED 75K | 93 |
| 2 BR | 27 | AED 100K | AED 100K | 102 |
Competing projects in Business Bay
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Bugatti ResidencesBinghatti | 26 | 5,436 | — |
| DWTN Residences - Downtown ResidencesDeyaar Development | 294 | 2,773 | — |
| Al Habtoor TowerAl Habtoor Group | 177 | 2,661 | — |
| One by BinghattiBinghatti | 172 | 2,205 | up 2.7% |
| Tiger Sky TowerTiger Properties - Tiger Real Estate | 156 | 2,350 | — |
| Volante 2Xtreme Vision | 12 | 3,491 | — |
| Burj Binghatti by Jacob & CoBinghatti | 27 | 3,523 | — |
| Avarra - Business Bay Palace ResidencesEmaar Properties | 59 | 3,460 | — |
| One River PointEllington Properties Development | 79 | 2,714 | — |
| Bayz 102 By DanubeDanube Properties | 93 | 2,955 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 1.26M | 2 BR Apartment · 982 sqftOntario Tower · Business Bay | 18 Sept |
| AED 1.20M | 2 BR Apartment · 982 sqftOntario Tower · Business Bay | 17 Aug |
| AED 1.20M | 2 BR Apartment · 982 sqftOntario Tower · Business Bay | 18 Sept |
| AED 1.10M | 2 BR Apartment · 982 sqftOntario Tower · Business Bay | 3 Sept |
| AED 1.10M | 2 BR Apartment · 982 sqftOntario Tower · Business Bay | 1 Oct |
| AED 895K | 1 BR Apartment · 803 sqftOntario Tower · Business Bay | 7 Oct |
Questions about Ontario Tower
What is the average price per sqft in Ontario Tower?
The median sale price in Ontario Tower over the last three months was AED 1,171 per sqft (median sale AED 1.15M), based on 6 sales registered with Dubai Land Department.
How many properties were sold in Ontario Tower in the last year?
23 sales worth AED 25.3M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.
What is the average rent in Ontario Tower?
The median annual rent on leases registered in the last three months was AED 65K, and the best gross rental yield is about 8.0%.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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