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SOBHA IVORY - II

Completed

Developed by SOBHA PROPERTIES LIMITED. Located in Business Bay.

Construction progress100%Expected 30 Dec 2010
Units921 buildings · 0 villas
Registered sales1685 in the last 12 months
Median sale priceAED 1.11MMedian of registered salesAED 914/sqft

Registry record

Project number
480
Name on the register
صبحا العاجي - II
Developer
SOBHA PROPERTIES LIMITED
Master developer
دبي للعقارات (ش.ذ.م.م)
Escrow agent
DUBAI ISLAMIC BANK (PUBLIC JOINT STOCK COMPANY)
Zoning authority
Dubai Development Authority (DDA)
Master project
Business Bay
Start date
25 Jul 2007
Expected completion
30 Dec 2010
Actual completion
30 Dec 2010
Cancelled
Not recorded
Plots
0
Progress
100%

Freehold commercial tower development in Business Bay. The building is designed to be constructed as 3B+G+3P+12 formed in a concrete structure with its internal and external finishes. The office units will be handed over as ?core and shell? to be individually fitted by their respective owners.

Sales evidence

Median size
1,219 sqft
Median price per sqft
AED 914/sqft
Total value transacted
AED 253.47M
Off-plan vs ready
5 off-plan · 163 ready
First sale
14 Aug 2008
Latest sale
22 May 2026

Service charges (2023)

The owner-association charge approved by the Land Department, broken down by cost category. Totalling AED 710 per square foot per year — the recurring cost of ownership that an asking price never shows.

CategoryUsageManaged byAED/sqft
ServicesOfficesPROVIS OWNERS ASSOCIATION MANAGEMENT SERVICES L.L.C4.00
Reserved FundOfficesPROVIS OWNERS ASSOCIATION MANAGEMENT SERVICES L.L.C1.00
MaintenanceOfficesPROVIS OWNERS ASSOCIATION MANAGEMENT SERVICES L.L.C3.00
ImprovementOfficesPROVIS OWNERS ASSOCIATION MANAGEMENT SERVICES L.L.C1.00
Unit A/C (Charges)OfficesPROVIS OWNERS ASSOCIATION MANAGEMENT SERVICES L.L.C7.00
ParkingOfficesPROVIS OWNERS ASSOCIATION MANAGEMENT SERVICES L.L.C333.00
Utilities ServicesOfficesPROVIS OWNERS ASSOCIATION MANAGEMENT SERVICES L.L.C4.00
Management ServicesOfficesPROVIS OWNERS ASSOCIATION MANAGEMENT SERVICES L.L.C1.00
InsuranceOfficesPROVIS OWNERS ASSOCIATION MANAGEMENT SERVICES L.L.C1.00
Master CommunityOfficesPROVIS OWNERS ASSOCIATION MANAGEMENT SERVICES L.L.C1.00
ServicesMixedPROVIS OWNERS ASSOCIATION MANAGEMENT SERVICES L.L.C3.00
Reserved FundMixedPROVIS OWNERS ASSOCIATION MANAGEMENT SERVICES L.L.C1.00
MaintenanceMixedPROVIS OWNERS ASSOCIATION MANAGEMENT SERVICES L.L.C2.00
ImprovementMixedPROVIS OWNERS ASSOCIATION MANAGEMENT SERVICES L.L.C1.00
Unit A/C (Charges)MixedPROVIS OWNERS ASSOCIATION MANAGEMENT SERVICES L.L.C7.00
ParkingMixedPROVIS OWNERS ASSOCIATION MANAGEMENT SERVICES L.L.C333.00
Utilities ServicesMixedPROVIS OWNERS ASSOCIATION MANAGEMENT SERVICES L.L.C4.00
Management ServicesMixedPROVIS OWNERS ASSOCIATION MANAGEMENT SERVICES L.L.C1.00
InsuranceMixedPROVIS OWNERS ASSOCIATION MANAGEMENT SERVICES L.L.C1.00
Master CommunityMixedPROVIS OWNERS ASSOCIATION MANAGEMENT SERVICES L.L.C1.00

Registered sales in this project

All sales
Registered property transactions from the Dubai Land Department
DateCommunityProject / buildingTypeBedsSizePrice/sqftPrice
22 May 2026Business BaySOBHA IVORY - IIBusiness BayOfficeExisting PropertiesOffice596 sqftAED 1,007/sqftAED 600,000
5 Mar 2026Business BaySOBHA IVORY - IIBusiness BayOfficeExisting PropertiesOffice1,389 sqftAED 1,944/sqftAED 2,700,000
4 Mar 2026Business BaySOBHA IVORY - IIBusiness BayOfficeExisting PropertiesOffice1,203 sqftAED 1,663/sqftAED 2,000,000
17 Dec 2025Business BaySOBHA IVORY - IIBusiness BayOfficeExisting PropertiesOffice1,389 sqftAED 1,368/sqftAED 1,900,000
9 Dec 2025Business BaySOBHA IVORY - IIBusiness BayOfficeExisting PropertiesOffice1,203 sqftAED 1,679/sqftAED 2,020,000
8 May 2025Business BaySOBHA IVORY - IIBusiness BayOfficeExisting PropertiesOffice1,078 sqftAED 1,447/sqftAED 1,560,000
20 Jan 2025Business BaySOBHA IVORY - IIBusiness BayOfficeExisting PropertiesOffice1,203 sqftAED 1,288/sqftAED 1,550,000
6 Sept 2024Business BaySOBHA IVORY - IIBusiness BayOfficeExisting PropertiesOffice1,219 sqftAED 1,263/sqftAED 1,540,000
14 Feb 2024Business BaySOBHA IVORY - IIBusiness BayOfficeExisting PropertiesOffice1,350 sqftAED 948/sqftAED 1,280,000
29 Jan 2024Business BaySOBHA IVORY - IIBusiness BayOfficeExisting PropertiesOffice1,203 sqftAED 728/sqftAED 876,000
27 Oct 2023Business BaySOBHA IVORY - IIBusiness BayOfficeExisting PropertiesOffice1,219 sqftAED 574/sqftAED 700,000
6 Oct 2023Business BaySOBHA IVORY - IIBusiness BayOfficeExisting PropertiesOffice1,490 sqftAED 1,007/sqftAED 1,500,000
11 Sept 2023Business BaySOBHA IVORY - IIBusiness BayOfficeExisting PropertiesOffice1,203 sqftAED 914/sqftAED 1,100,000
11 Sept 2023Business BaySOBHA IVORY - IIBusiness BayOfficeExisting PropertiesOffice1,078 sqftAED 928/sqftAED 1,000,000
31 May 2023Business BaySOBHA IVORY - IIBusiness BayOfficeExisting PropertiesOffice298 sqftAED 672/sqftAED 200,000
30 May 2023Business BaySOBHA IVORY - IIBusiness BayOfficeExisting PropertiesOffice596 sqftAED 503/sqftAED 300,000
8 Feb 2023Business BaySOBHA IVORY - IIBusiness BayOfficeExisting PropertiesOffice1,078 sqftAED 464/sqftAED 500,000
7 Feb 2023Business BaySOBHA IVORY - IIBusiness BayOfficeExisting PropertiesOffice1,219 sqftAED 618/sqftAED 753,100
31 Jan 2023Business BaySOBHA IVORY - IIBusiness BayOfficeExisting PropertiesOffice1,203 sqftAED 638/sqftAED 767,754
5 Oct 2022Business BaySOBHA IVORY - IIBusiness BayOfficeExisting PropertiesOffice1,219 sqftAED 675/sqftAED 822,832
5 Oct 2022Business BaySOBHA IVORY - IIBusiness BayOfficeExisting PropertiesOffice1,389 sqftAED 675/sqftAED 937,555
4 Oct 2022Business BaySOBHA IVORY - IIBusiness BayOfficeExisting PropertiesOffice1,178 sqftAED 675/sqftAED 795,076
4 Oct 2022Business BaySOBHA IVORY - IIBusiness BayOfficeExisting PropertiesOffice1,078 sqftAED 675/sqftAED 727,657
4 Oct 2022Business BaySOBHA IVORY - IIBusiness BayOfficeExisting PropertiesOffice1,350 sqftAED 675/sqftAED 911,399
1 Nov 2021Business BaySOBHA IVORY - IIBusiness BayOfficeExisting PropertiesOffice276 sqftAED 1,450/sqftAED 400,000

Source: Dubai Land Department open data, retrieved from the Digital Dubai data.dubai platform. Figures cover registered transactions and Ejari-registered tenancy contracts, and are statistical summaries of public record — not a valuation of any individual property. Registration data can be amended or backdated by the source after first publication.