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ONTARIO TOWER

Mature
DeveloperROSE HOMES INVESTMENT (L.L.C)
CommunityBusiness Bay
AreaBusiness Bay
Started
18 years 5 months ago29-07-2007
Handover
15 years 5 months ago23-08-2010
Status
CompleteFinished
Project Description

Freehold mixed use residential/commercial building located in Dubai Business Bay. The building is designed and constructed as a 2B+G+3P+HC+25, formed in a concrete structure with external and internal finishes. The office units will be handed over as ?shell and core? to be individually fitted by their respective owners.

Performance Alpha

Rent Pricing: L12MPer Sqft / Year
AED 1,204/sqft
Range:AED 91 – AED 4K
Avg Unit:AED 22K/yr
Leasing Volume: L12MContracts Signed
Very Active
4,038Total
New:1950
Renew:2088
Tenant RetentionRenewal Rate
Low
3%renewals
97% new tenants3% renewals
Gross YieldAnnual Return
High Yield
89.0%Yield
Rent:AED 1,204/sqft
Price:AED 1,353/sqft

Supply & Demand Matrix

ONTARIO TOWER averaged 25% liquidity over the last 12 months, which is considered high. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.

Type
Absorption (L12M)
Velocity
Studio
24 units
13%
Velocity
1 Bedroom
100 units
23%
Velocity
2 Bedrooms
51 units
31%
Velocity
Shop
9 units
33%
Velocity
Office
115 units
27%
Velocity

Layouts & Units (300)

Property Type
Studioapartment
Contracts
2
Size Range
37-37sqft
Rent Range
1,788-2,108
Avg Rent/Sqft
1,948AED
Avg Annual
AED 72K
Property Type
1bed room+Hallapartment
Contracts
15
Size Range
73-75sqft
Rent Range
840-1,533
Avg Rent/Sqft
1,086AED
Avg Annual
AED 77K
Property Type
2 bed rooms+hallapartment
Contracts
3
Size Range
91-91sqft
Rent Range
659-1,187
Avg Rent/Sqft
949AED
Avg Annual
AED 86K
Property Type
Officeoffice
Contracts
980
Size Range
94-164sqft
Rent Range
638-3,866
Avg Rent/Sqft
1,574AED
Avg Annual
AED 19K

1,000 rental contracts grouped into 4 property types