ONTARIO tower OFFICE
Office
About the building
29-storey mixed-use complex in Business Bay, completed in 2010. Developer — Rose Homes Investment. Architect — Mazaya Consulting Engineers.
Where it is
The pin is placed by project — accurate to the development, not the door.
Business Bay
The canal district next to Downtown: conceived as offices, built mostly as apartments, now one of the most tenanted parts of the city.
- central location at a discount
- short-let on the canal
- deep tenant demand
What to check: Quality varies enormously between towers here. Walk the building on a normal weekday and get three years of service charge history before you offer — in Business Bay the building matters far more than the district average.
Full district guide →Questions and answers about lot NP6-107998
How much is this office in ONTARIO tower OFFICE?
Lot NP6-107998 is priced at AED 2 000 000, about $545 000. The size is 1 140 sq ft (106 m²), which works out at AED 1 754 per sq ft.
Is there a discount on this lot?
There is no recorded price cut: the lot is in the database at the seller's asking price.
How does this price compare with other lots in ONTARIO tower OFFICE?
The database holds 2 lots in ONTARIO tower OFFICE right now, from AED 1 800 000 to AED 2 000 000.
What are prices like in Business Bay?
The database holds 360 lots in Business Bay. The area median is AED 2 873 per sq ft. It is a residential figure, so this property is not compared against it. 107 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Business Bay area guide →Is the property ready or still under construction?
The listing gives no handover date. The project passport gives 2010 as the completion year.
Can this property be bought with a loan?
A home mortgage does not cover commercial property: UAE banks run separate programmes for offices and retail units, with a different down payment and a different borrower check.
Commercial mortgage →What costs come on top of the price?
The main one is the Dubai Land Department registration fee: 4% of the price, AED 80 000 for this lot. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.
What is known about ONTARIO tower OFFICE?
The building has 29 floors and 175 units. Completion year: 2010. Figures are from the project passport: Propsearch and the Dubai Land Department.
How do I view the property and get the exact address?
Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP6-107998 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
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