Ontario Tower, Business Bay

Business Bay, Dubai

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Strengths

Modern architecture

Prime location

Excellent amenities

Weakens

High maintenance fees

Limited parking space

Construction noise

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Strengths

Modern architecture

The building features a sleek and contemporary design that enhances the skyline of Business Bay.

Prime location

Situated in a key business district, it offers easy access to major roads and public transportation.

Excellent amenities

The tower includes state-of-the-art facilities such as a gym, pool, and meeting rooms.

Weaknesses

High maintenance fees

Owners and tenants face elevated maintenance costs compared to similar buildings in the area.

Limited parking space

The availability of parking spaces can be a challenge, particularly during peak hours.

Construction noise

Ongoing construction in the vicinity may lead to disturbances for residents and businesses.

Considerations

Market fluctuations

Potential investors should be aware of market trends that could affect property value.

Safety regulations

Ensure compliance with local safety and building regulations before proceeding with any plans.

Community facilities

Consider the availability and proximity of schools, hospitals, and other essential services.

Buildign Overview

Summary

Ontario Tower stands proudly in Business Bay, one of Dubai's prime business hubs.
The building is strategically located near key facilities such as the Dubai Mall, Burj Khalifa, and a variety of restaurants and cafes.
Accessibility is enhanced with proximity to major roadways and public transport options, including the Dubai Metro and Water Taxi services.
Compared to other skyscrapers in Business Bay, Ontario Tower offers a modern aesthetic coupled with functionality, attracting businesses and residents alike.

Properties Overview

The tower features a mix of residential and commercial units, providing diverse options for both renters and buyers.
Popular unit configurations include one-bedroom and two-bedroom apartments, as well as flexible office spaces.
Rental prices for units can range from AED 60,000 to AED 100,000 annually, while sales prices vary widely depending on size and layout.

Market Trends

Recent studies indicate a stable rental market with a slight upward trend in rental prices in Business Bay.
Investors can anticipate a healthy return on investment (ROI) due to the area's rapid development and demand for both living and working spaces.
The past year has shown an increase in both rental occupancy rates and sales, signaling a positive outlook for prospective buyers and investors.

Living and Investing in the Building

Amenities, Schools, and Healthcare

Residents benefit from a variety of nearby amenities including supermarkets, educational institutions, and medical facilities.
Prominent schools and clinics are within a short distance, ensuring families have access to essential services.

Transportation and Accessibility

Public transportation options are abundant, facilitating easy travel to and from Ontario Tower.
The building offers parking spaces for residents and visitors, coupled with bike lanes and pedestrian paths enhancing accessibility.

Lifestyle Amenities

Ontario Tower boasts several lifestyle amenities such as state-of-the-art gyms, swimming pools, and relaxing lounges.
A range of dining options is available, catering to various tastes, from casual eateries to upscale restaurants.

Builing Facilities

Key facilities within the building include high-speed elevators, robust security systems, and centralized air conditioning.
Regular maintenance services are provided to ensure the comfort and convenience of all residents.

Special Services

The tower features concierge services to assist with daily needs and guest inquiries.
Business centers and conference rooms are available, catering to the professional needs of tenants and business owners.

Planning Your Move or Investment

Floor Plans and Property Types

A variety of innovative floor plans are available to suit different lifestyle and business requirements, ranging from spacious apartments to efficient office layouts.

Things to Consider

Consider factors such as proximity to work, amenities available, and community vibe when choosing your unit in Ontario Tower.

Useful FAQs and Support

Events and Building Life

Building Events

Ontario Tower regularly hosts community events, networking opportunities, and social gatherings designed to foster a sense of community among tenants.

Community Identity

The tower's sleek design and modern facilities make it a distinguished landmark in Business Bay, reflecting the dynamic lifestyle of Dubai.

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Detailed Buiding Insights

1. Family Friendliness

Ontario Tower offers various amenities for families, including parks and recreational areas nearby. However, the high-rise nature of the area might not be ideal for families looking for more community-oriented settings.

Moderately Welcoming

2. Living Options

The tower offers a variety of living options, including modern apartments that cater to singles and small families. While the selection is diverse, the compact nature of urban living may not suit everyone's taste.

Diverse but Compact

3. Safety And Security

The building features state-of-the-art security systems, including 24/7 surveillance and access control. Residents often feel safe in this controlled environment.

Remarkably Secure

4. Transportation

Located in Business Bay, Ontario Tower has excellent connectivity with major roadways and public transit options, facilitating easy commutes within the city.

Highly Convenient

5. Amenities And Facilities

The tower boasts extensive amenities including a gym, swimming pool, and recreational areas, providing residents with ample options for leisure and fitness.

Richly Equipped

6. Cost Of Living

While the living costs in Business Bay are on the higher side compared to other areas, the quality of life and amenities provided justify the expenses for many residents.

Moderately High

7. Things To Do

The Business Bay area is rich in dining, shopping, and entertainment options, ensuring there is always something for residents to engage in and enjoy.

Vibrantly Diverse

8. Noise Levels

While there are periods of higher noise due to traffic and urban activity, the design of Ontario Tower helps to mitigate external sounds, making it a comfortable living environment.

Generally Moderate

9. Pet Friendliness

The building allows pets and has designated areas for pet owners, making it a suitable place for pet lovers, although constraints may apply to certain pet types.

Warmly Accommodating

Price Insights

Average Prices

This data displayed is based on properystellar last 12 months data.

Name	Type	Avg. Price (AED / year)
apartment (0Beds)	Rent	51.3K AED
apartment (1Beds)	Rent	76K AED
apartment (2Beds)	Rent	101.6K AED
apartment (0Beds)	Sale	463.3K AED
apartment (1Beds)	Sale	832.6K AED
apartment (2Beds)	Sale	1.2M AED

Schools

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Key Information

Buy: 255K AED - 1.3M AED

Rent: 41.4K AED - 240K AED

Developer: Rose Homes Investment

Building Type: Ontario Tower, Business Bay

Building Age: 13 years(completed in 2011)

Length: 175

Unit Types : Studio, 1 and 2-bedroom apartments

Floors: 29

Community Insights

Mostly apartments | Luxury | Well connected

Lowest: 135K - 260K AED/year

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Business Bay, Dubai

Strengths

Weakens

Show Less Details

Strengths

Modern architecture

The building features a sleek and contemporary design that enhances the skyline of Business Bay.

Prime location

Situated in a key business district, it offers easy access to major roads and public transportation.

Excellent amenities

The tower includes state-of-the-art facilities such as a gym, pool, and meeting rooms.

Weaknesses

High maintenance fees

Owners and tenants face elevated maintenance costs compared to similar buildings in the area.

Limited parking space

The availability of parking spaces can be a challenge, particularly during peak hours.

Construction noise

Ongoing construction in the vicinity may lead to disturbances for residents and businesses.

Considerations

Market fluctuations

Potential investors should be aware of market trends that could affect property value.

Safety regulations

Ensure compliance with local safety and building regulations before proceeding with any plans.

Community facilities

Consider the availability and proximity of schools, hospitals, and other essential services.

Buildign Overview

Summary

Properties Overview

Market Trends

Living and Investing in the Building

Amenities, Schools, and Healthcare

Transportation and Accessibility

Lifestyle Amenities

Builing Facilities

Special Services

Planning Your Move or Investment

Floor Plans and Property Types

Things to Consider

Useful FAQs and Support

Events and Building Life

Building Events

Community Identity

See more

Detailed Buiding Insights

1. Family Friendliness

Moderately Welcoming

2. Living Options

Diverse but Compact

3. Safety And Security

Remarkably Secure

4. Transportation

Highly Convenient

5. Amenities And Facilities

Richly Equipped

6. Cost Of Living

Moderately High

7. Things To Do

Vibrantly Diverse

8. Noise Levels

Generally Moderate

9. Pet Friendliness

Warmly Accommodating

Price Insights

Average Prices

This data displayed is based on properystellar last 12 months data.

apartment (0Beds)

51.3K AED

apartment (1Beds)

76K AED

apartment (2Beds)

101.6K AED

apartment (0Beds)

463.3K AED

apartment (1Beds)