
Sold Prices · DLD Data
Business Bay, Dubai · Business Bay
AED 1,336
Avg Price / sqft
AED 1.8M
Avg Sale Price
3
DLD Sales Recorded
9.6%
Est. Gross Yield
Market snapshot
Sobha Ivory - Ii is a residential building in Business Bay, Dubai with approximately 92 units. Dubai Land Department records show 3 sales in the building, at an average price of AED 1.8M — around AED 1,336 per square foot.
Since March 2026, 3 sales completed in Sobha Ivory - Ii, with the average price per square foot moving from AED 1,803 to AED 403 (-77.7%). That softening can open negotiating room for buyers.
Benchmarked against average residential rents in Business Bay, a typical unit in Sobha Ivory - Ii returns an estimated 9.6% gross rental yield before service charges — a useful starting point for investors comparing towers across Business Bay.
Figures are from Dubai Land Department transaction records for Sobha Ivory - Ii; individual units vary by floor, view and finish. Gross yield is estimated against average Business Bay residential rents, before service charges.
Price trend
Average sale price per sqft by month since March 2026-77.7%
Transactions
| Date | Type | Beds | Size (sqft) | Price | AED/sqft |
|---|---|---|---|---|---|
| 22 May 2026 | Sales | - | 1,490 | AED 600K | AED 403 |
| 05 Mar 2026 | Sales | - | 1,389 | AED 2.7M | AED 1,944 |
| 04 Mar 2026 | Sales | - | 1,203 | AED 2.0M | AED 1,662 |
About the area
Business Bay is a dynamic urban community situated adjacent to Dubai's iconic Downtown, catering primarily to professionals and expatriates seeking an engaging city lifestyle. This strategically located area runs alongside the picturesque Dubai Canal, offering residents breathtaking waterfront views and a vibrant atmosphere that harmoniously blends work and leisure.
Explore the Business Bay area guideNearby
Hq By Rove
Business Bay · 221 sales · AED 3.8M avg
Binghatti Aquarise
Business Bay · 166 sales · AED 2.7M avg
Avarra By Palace
Business Bay · 153 sales · AED 4.8M avg
Al Habtoor Tower
Business Bay · 149 sales · AED 3.6M avg
Downtown Residences
Business Bay · 146 sales · AED 3.3M avg
Peninsula Four
Business Bay · 143 sales · AED 2.2M avg
Lumena Alta By Omniyat
Business Bay · 127 sales · AED 23M avg
Peninsula Three
Business Bay · 123 sales · AED 1.8M avg
The Edge
Business Bay · 92 sales · AED 1.7M avg
FAQ
The average recorded sale price in Sobha Ivory - Ii, Business Bay is AED 1.8M, around AED 1,336 per square foot, based on Dubai Land Department transaction data.
Average sale prices in Sobha Ivory - Ii have eased -77.7% per square foot since March 2026, across 3 DLD-recorded sales.
Based on average Business Bay residential rents against sale prices in the building, a typical unit in Sobha Ivory - Ii yields roughly 9.6% gross per year, before service charges and fees.
3 sales have been recorded in Sobha Ivory - Ii according to DLD data, across approximately 92 units.
Get honest, DLD-backed guidance on pricing, yields and availability in Business Bay from Binayah's advisors — no pressure, just the numbers.