Ontario Tower Launch Prices
Off-plan in Business Bay · Developer launch registrations from the Dubai Land Department off-plan register
Launch Summary
27 developer launch sales registered at Ontario Tower between Jan 2009 and Feb 2011: 100% apartments, most commonly 1-bed units, typically around 836 sqft.
Bed mix: Studio 11% · 1-bed 67% · 2-bed 22%.
Every figure here is a registered developer launch price from the DLD off-plan register - a different kind of price from a ready-market resale, and kept entirely separate from KhaleejKeys' resale statistics.
Launch Price by Quarter
Median registered launch price per square foot at Ontario Tower, per quarter, with the number of launch sales registered in each.
| Quarter | Launch sales | Median AED/sqft |
|---|---|---|
| 2009 Q1 | 2 | AED 1,199 |
| 2009 Q3 | 17 | AED 1,053 |
| 2009 Q4 | 5 | AED 1,111 |
| 2010 Q3 | 2 | AED 2,106 |
| 2011 Q1 | 1 | AED 1,278 |
Launch vs Resale
Ontario Tower also has 349 ready-market resales registered with the DLD, the first on 28 March 2011 - 26 months after the first launch registration. A developer launch price and an arm's-length resale are different kinds of price; the gap is context, not a return.
Recent Launch Registrations
Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.
Other Off-Plan Projects in Business Bay
Off-plan in Business Bay
Compare this project with every other off-plan launch registered in Business Bay, or see the community's resale market.
All Business Bay projects