Office | 1,018 sqft | 2 Parking Bays | Rented at 9% Net ROI
Office 1,018 sqft | Tenanted at 9% Net | Ontario Tower
AED 1,800,000 1,018 sqft
Ontario Tower, Business Bay, Business Bay, Dubai
About this property
A 1,018 sqft office on a low floor of Ontario Tower, Business Bay, with two dedicated parking bays, tenanted at approximately 9% net ROI.
9% net is an exceptional return for Dubai commercial stock — net rather than gross, meaning after service charges — and it is the kind of yield that only appears where an occupier has committed to the space long term.
Sold with the tenancy in place, so income continues from transfer.
Office suites in this size band are the most in demand from small companies establishing a mainland presence.
Features
- Office unit
- 1,018 sqft
- Low floor
- 2 dedicated parking bays
- Currently tenanted — approx. 9% net ROI
- Income from day one
- Freehold title
Amenities
- Built-in Wardrobes
- Covered Parking
- Private Garden
- Security 24/7
About Ontario Tower
Ontario Tower is a commercial and residential building in Business Bay, completed and occupied, holding fitted office suites alongside apartments.
Office floors here are split into suites in the 500 to 1,500 sqft range, which is the size band most in demand from small companies establishing a mainland Dubai presence.
The building provides covered parking, 24-hour security and retail at ground level.
Business Bay offices trade well below DIFC pricing while sitting minutes from it.
About Business Bay
Business Bay is Dubai's central business and residential district, built along the Dubai Water Canal immediately south of Downtown Dubai.
It was planned as a mixed-use extension of Downtown, and that is how it works in practice: towers hold offices and apartments in the same buildings, so a large share of residents work within walking distance, and office stock trades here on the same street as homes.
The canal is the district's defining feature — a 3.2 km waterway with a landscaped promenade, running from Business Bay out to the Arabian Gulf, lined with restaurants and walking routes.
Position is the reason values hold. The Burj Khalifa and Dubai Mall are minutes away, Sheikh Zayed Road runs along one edge with two Metro stations on it, and DIFC, Downtown and the beach are each a short drive.
Business Bay is freehold. Pricing sits below Downtown Dubai next door while offering much of the same skyline, which is what makes it the practical alternative for buyers priced out of Burj Khalifa addresses — and the district where whole-floor offices still change hands.
Property details
| Price | AED 1,800,000 |
|---|---|
| Type | Office |
| Size | 1,018 sqft |
| Building | Ontario Tower |
| Community | Business Bay |
| Area | Business Bay |
| Emirate | Dubai |
| Completion | Ready |
| Furnishing | Unfurnished |
| View | Community |
| Availability | Rented |
| Reference | HFY-0122 |
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