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Office rent in Ontario Tower, Business Bay: signed leases

Office rent in Ontario Tower, Business Bay: a median AED 150,000 a year, or AED 126 a sq ft, across 79 single-unit Ejari office leases registered 16 Oct 2025–15 Oct 2026. The median office here is 1,280 sq ft. Across Business Bay: AED 148 a sq ft.

Updated 21 Oct 2026 · Source: Dubai Land Department Ejari commercial leases · Method

Office rent in Ontario Tower: the numbers

Medians of single-unit Ejari leases, 16 Oct 2025–15 Oct 2026. Not in these figures: 4,038 virtual office Ejaris (flexi desks and licence-only Ejaris, no size); 2 contracts for more than one unit or a whole building.

Rent, AED a yearAED a sq ft a yearSize, sq ftLeases
All single-unit leasesAED 150,0001261,28079
New leasesAED 135,00013035
RenewalsAED 153,00012734
1,000 to 2,500 sq ftAED 153,0001261,28076

Finding

Office rent per sq ft in Ontario Tower rose 48% on the year, like for like.

Same building, type and size band: the 12 months to 15 Oct 2026 against the 12 months before

The median office lease in Ontario Tower is AED 126 a sq ft a year now. Like for like compares the same buildings, so a change in which units were let does not move it.

Finding

Ontario Tower is 24% above the Dubai median for offices, per sq ft.

AED a sq ft a year, single-unit office leases

Ontario Tower: AED 126. Business Bay: AED 148. Dubai: AED 102.

Other office buildings in Business Bay at a similar rent per sq ft

BuildingAED a sq ftRent, AED a yearSize, sq ftLeases
Crystal Tower118102,0001,51039
Business Tower120117,15097892
Sobha Ivory120150,0001,24560
Executive Bay B121109,62597856
Silver Tower125125,0001,036180
Regal Tower126153,3001,345185
Xl Tower128126,480971108
Iris Bay132175,7001,518142
Westburry Tower134160,0001,340140
Citadel Tower135130,0001,076242

All offices in Business BayOffice rents across Dubai

Questions

How much is office rent in Ontario Tower?

Office rent in Ontario Tower, Business Bay: a median AED 150,000 a year, or AED 126 a sq ft, across 79 single-unit Ejari office leases registered 16 Oct 2025–15 Oct 2026. The median office here is 1,280 sq ft. Across Business Bay: AED 148 a sq ft.

What is the rent per sq ft in Ontario Tower?

AED 126 a sq ft a year, the median of 79 single-unit office leases (16 Oct 2025–15 Oct 2026).

What is the monthly office rent in Ontario Tower?

About AED 12,500 a month, from a median AED 150,000 a year.

What size are offices in Ontario Tower?

Median rent by size: 1,000 to 2,500 sq ft AED 153,000 (76 leases).

Is office rent going up in Ontario Tower?

Office rent per sq ft in Ontario Tower rose 48% on the year, like for like.

How we worked it out, and the limits

Updated 21 Oct 2026. Source: Dubai Land Department Ejari rent contracts, commercial and industrial use, starting 16 Oct 2025–15 Oct 2026 (the last 12 months in the data). Offices, shops, warehouses and showrooms are the Ejari property type. We count one physical unit for each contract: one line, one unit, an Ejari unit (not a virtual unit). Virtual units (flexi desks and licence-only Ejaris, with no size) and contracts for more than one unit or a whole building are counted apart and are never in a median. Annual rent from AED 5,000 to AED 50 million. "New" is a new contract of 6 to 13 months; "renewal" is a renewed contract. AED a sq ft is the annual rent over the Ejari unit size (square metres x 10.7639), from units inside a plausible size range for the type. Every rent is a median: half the leases are above it. A median needs 30 or more leases. Changes on the year are like for like: the same building, type and size band (15%) in both years, named buildings only. DIFC and most free-zone leases are registered outside Ejari, so they are not here.

Building. The Ejari project name on the lease. Leases with no project name are not on building pages.

Homes: Dubai rents since 2019 → · Method →

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