Ontario Tower, Business Bay

HIGHLIGHTS

About Ontario Tower, Dubai

Stretched along Dubai Creek, Business Bay is a commercial hub in Dubai. It is a fast-paced new development that evolved throughout the years with stunning skyscrapers. 200 metres from Sheikh Zayed Road (E11) stands Ontario Tower, Dubai - one of the finest high-rise buildings in Business Bay. 

Ontario Tower is a mixed-use project offering various offices, showrooms, commercial spaces and residential apartments. Rose Home Investment launched the project in January 2006. The construction started in 2007 and was completed in 2011 while handovers had begun in the 3rd quarter of 2010. Standing 125 metres above ground, this 29-storey tower has 25 studios, 100 units of 1-bedroom apartments and 50 units of 2-bedroom flats.

The project is at a prime location in the centre of new Dubai, therefore; it is closely connected to popular commercial areas including Dubai International Financial Centre, Downtown Dubai and Sheikh Zayed Road. It also provides easy access to Jumeirah, Palm Jumeirah, Dubai Internet City and Dubai Media City. Surrounded by beautiful lakes of Dubai Creek, apartments in Ontario Tower, Dubai offer views of the sea, Burj Khalifa and Sheikh Zayed Road.

IN A NUTSHELL

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Ontario Tower

BUILDING DETAILS

Facilities in Ontario Tower, Business Bay

Parking

Parking in Ontario Tower, Dubai is not an issue for residents. There are three podium levels of the building with shops and dedicated covered parking spaces. Visitors can also park their vehicles here for limited hours as the area is quite busy during the day. Otherwise, parking vehicles at the paid street parking spaces near the building is a feasible option. 

Elevators

There are separate passenger lifts and service elevators in Ontario Tower, Business Bay, Dubai to provide access to all 39 floors.

Security, Central Air-Conditioning and Maintenance Services 

Ontario Tower, Business Bay, Dubai has district cooling service supplied by Empower. The project has a dedicated waste disposal and maintenance staff too. There is a round-the-clock concierge and security guards backed by CCTV surveillance.

Gym and Fitness Facilities 

There is a gym in Ontario Tower with state-of-the-art equipment. Also, separate swimming pools for men and women are available within the complex. 

Lifestyle Amenities

The tower also has a small daycare centre and a play area for children.

Concierge and Guest Services 

A 24-hour concierge and help desk is available in the lobby.

Ontario Tower Floor Plans 

Apartments in Ontario Tower, Business Bay come in various configurations. Each bed-type has a unique floor plan:

For complete information related to floor plans in Ontario Tower, check out PropertyDigger'€™s official website. The floor plans can be viewed in 2D or 3D formats. 

Apartment Types in Ontario Tower, Business Bay

Apart from the mezzanine floor, ground floor, and three podium floors, the rest of the building is purely residential. Ontario Tower, Dubai offers accommodation options in three different bed types, studio flats, 1-bed and 2-bedroom apartments. The strategic arrangement of living units ensures privacy and security.

Studio Apartments in Ontario Tower

There's one type of floor plan for studio apartments in Ontario Tower, Unit 1.  These units have a living space of 400 sq. ft. featuring a large living room and bedroom, a fitted bathroom and an open kitchen. Some units also have kitchens already equipped with appliances. Moreover, all the apartments have a spacious living room with floor-to-ceiling windows overlooking the busy roads of Business Bay.

1-Bedroom Apartments in Ontario Tower 

There are two different floor plans for 1-bedroom flats in Ontario Tower, Business Bay, Dubai. A 1-bed flat in Ontario Tower has a coverage area spanning around 800 sq. ft. Each apartment features a large dining and living room, a master bedroom with en-suite bathroom and built-in wardrobes and an ultra-modern open kitchen. Some apartments have a guest bathroom, as well. Kitchens are usually well-fitted with high-quality appliances, marble countertops and stylish cabinets. Moreover, a few 1-bedroom apartments in Ontario Tower are fully furnished and ready to move in.

2-Bedroom Apartments in Ontario Tower 

Those looking for a bigger unit can go for 2-bedroom apartments in Ontario Tower. There's one type of plan for 2 BHK flat and the coverage area generally ranges between 800 sq. ft. and 900 sq. ft. You can find two bedrooms, one large bathroom, a powder room, open kitchen and a large dining/living room. Also, each unit has built-in wardrobes, ample kitchen storage space and large sea-facing, double-glazed glass windows.

Most Popular Apartment Types in Ontario Tower

Based on searches conducted by users on PropertyDigger.com over the past 6 months

2 BHK flats are the most popular bed-types in Ontario Tower topping the list with 57.7% of the views. Whereas, studios and 1-bedroom apartments in Ontario Tower follow with around 25.2% and 17.1% of the views, respectively.

Rental Trends in Ontario Tower, Business Bay

Rents of apartments in Ontario Tower are affordable and market competitive. 

These rents are calculated and charged annually. However, some landlords have flexible payment plans involving multiple cheques. One can compare the total cost with other Business Bay apartments for rent.

Sale Trends in Ontario Tower, Business Bay

Buying an Ontario Tower apartment for sale is a popular choice. The prices of these flats lie between low to mid ranges in the real estate market. 

Those who opt for larger units such as 2-bedroom apartments can expect to pay around AED 1.12M to AED 1.15M. Also, costs can be compared with neighbouring Business Bay apartments for sale.

Rental Yield in Ontario Tower

Based on searches conducted by users on PropertyDigger.com over the past 6 months

The highest ROI in Ontario Tower is 7.4% for studio flats. 1 and 2-bedroom apartments have a slightly less ROI i.e. 6.99% and 6.96%, respectively. 

Service Charges in Ontario Tower

These are the service charges for Ontario Tower* as per the Dubai Land Department. PropertyDigger has worked on creating a guideline for Dubai service charges index. Those interested in buying a property in Dubai can get complete information in the detailed guide.

*These figures are as of November 2019. Please note that these service charges are subject to change.

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NEARBY AMENITIES

Transportation near Ontario Tower

Metro Stations near Ontario Tower

A popular option for public transportation near Ontario Tower, Business Bay, Dubai is the metro. Business Bay Metro Station on Sheikh Zayed Road can be accessed within 8 minutes via car. Emirates Towers Metro Station and Financial Centre Metro Station are also close by, both these stations are part of the Red Line of the Dubai Metro.

Bus Stations near Ontario Tower

The buses that stop nearby include Bus 29, 98E, and F20. Bus stations at the Lilian Towers and The Binary Towers are less than 5 minutes away from Ontario Tower. Buses 7, F14, F19A, F19B, F41 and X22 connect back to the Business Bay Bus Station, which is only 8 minutes away.

Restaurants near Ontario Tower 

Those who like to dine out often can find a lot of options nearby. There'€™s a mix of friendly cafes, street food joints and eateries. Some fine dining restaurants in Business Bay Dubai near Ontario Tower are:

  • Garden Peruvian Restaurant
  • Waka Restaurant and Bar
  • Zen Restaurant

First, Garden Peruvian Restaurant in the JW Marriott Marquis Hotel is famous for delicious Peruvian cuisine. It is only 9 minutes away from the tower. Waka Restaurant and Bar in Oberoi Hotel is a Latin American restaurant. 

Some cafes down the road include:

  • Filli Café
  • The Kana Café
  • Milkcow Café

Filli Cafe is popular for its drinks and light snacks, The Kana Cafe serves Arabic dishes and Milkcow Cafe is a popular dessert cafe. Other options include Zen Restaurant in The Metropolis Tower is a Pan-Asian restaurant with a special Thai menu, and Taipei Dao is an adored Taiwanese restaurant nearby.

Supermarkets near Ontario Tower

There are plenty of big and small supermarkets near Ontario Tower such as:

  • Carrefour
  • Zoom Mini Mart
  • West Zone Fresh Supermarket

Carrefour in Burj View Towers is reachable within 7 minutes by car. Zoom and West Zone Supermarket are also only a short drive away. Some local supermarkets are W Mart Fresh, Fantasy and FMart.

Nearby Buildings

  • JW Marriott Marquis
  • Prism Tower
  • Vision Tower
  • The Executive Towers
  • West Bay Tower

Ontario Tower is at a location where one can find many residential and commercial towers. Prism Tower, Vision Tower and The Executive Towers are all commercial projects built in a series next to Ontario Tower. Also, West Bay Tower is an apartment building a few blocks away. The famous, JW Marriot Marquis Hotel is also close by.

Major Landmarks

Ontario Tower is located adjacent to Al Aamal Street and can be easily accessed from The Executive Towers of Business Bay. Landmarks in the vicinity include:

  • Burj Khalifa
  • Dubai Fountain
  • Dubai Mall

5-star hotels like Steigenberger Hotel, Taj Dubai, and JW Marriott Marquis are also nearby. Famous landmark and tourist attraction Burj Khalifa is 2.6 km away in North-east.