This is part of an attempt to understand what multiplicative structure a Hamel basis of the reals over the rationals can have.
Does there exist a Hamel basis $\mathcal B$ for $\mathbb R$ over $\mathbb Q$ such that $a,b \in \mathcal B \implies \dfrac ab \in \mathcal B$ ?
Additionally, as proposed by Noah Schwerber, if the answer to the above is negative, what if the restriction that $a \neq b$ is imposed, that is:
Does there exist a Hamel basis $\mathcal B$ for $\mathbb R$ over $\mathbb Q$ such that $a,b \in \mathcal B $ distinct $ \implies \dfrac ab \in \mathcal B$ ?
The following earlier question showing that such a Hamel basis cannot be closed under multiplication by a (non-trivial) constant could be helpful Hamel basis for $\mathbb{R}$ over $\mathbb{Q}$ cannot be closed under scalar multiplication by $a \ne 0,1$
A recent related but distinct question Hamel basis for the vector space of real numbers over rational numbers and closedness of the basis under inversion focuses on whether a Hamel basis can be closed under taking inverses.
The solution follows closely from the standard argument in group theory.
Suppose that a Hamel basis $\mathcal{B}$ satisfies the property $$ a, b\in \mathcal{B} \Longrightarrow \frac ab\in \mathcal{B}. $$ From this, we have $$ a\in\mathcal{B} \Longrightarrow \frac aa =1\in \mathcal{B}. $$ Then $$ b\in\mathcal{B} \Longrightarrow \frac 1b \in \mathcal{B}. $$ Now, $$ a,b \in \mathcal{B} \Longrightarrow a, \frac 1b \in \mathcal{B} \Longrightarrow \frac a{1/b} = ab \in \mathcal{B}. $$ Since $\mathcal{B}$ contains some element $a\neq 0, 1$, a contradiction comes from the same argument as in Hamel basis for $\mathbb{R}$ over $\mathbb{Q}$ cannot be closed under scalar multiplication by $a \ne 0,1$.
For the new condition by Noah Schweber
If $1\in\mathcal{B}$ then it can be proven the same way as above. So, we suppose that $1\notin \mathcal{B}$. Then we have $1$ as a $\mathbb{Q}$-linear combination of elements in $\mathcal{B}$, say $$ 1=\sum_{i=1}^{k} \epsilon_i x_i $$ where $x_i\in\mathcal{B}$, $\epsilon_i\in\mathbb{Q}$.
Choose $y_1\in \mathcal{B}$. We modify the argument in Jonathan Golan's answer to Hamel basis for $\mathbb{R}$ over $\mathbb{Q}$ cannot be closed under scalar multiplication by $a \ne 0,1$.
Let $\mathcal{B}_s= \mathcal{B} - \mathbb{Q}(y_1, x_1, \ldots, x_k)$ be a selected basis which are not rational in $y_1$, $x_i$'s. Let $\alpha: \mathbb{R} \rightarrow \mathbb{Q}$ defined by $$ r=\sum_{x\in\mathcal{B}} r_x x \mapsto \alpha(r)=\sum_{x\in\mathcal{B}_s} r_x. $$ Then for any $x\in \mathcal{B}_s$, we have $\frac x{y_1}\in\mathcal{B}_s$. Let $a=\frac1{y_1}$. For any $r\in \mathbb{R}$, we have $\alpha(r) = \alpha(ar)$.
For any $x\in \mathcal{B}_s$, put $ r=x(a-1)^{-1}. $
Then $$ 1=\alpha(x) = \alpha( r(a-1) ) = \alpha( ar - r) = \alpha(ar)-\alpha(r) = 0. $$ This is a contradiction.