Sobha Ivory - Ii, Business Bay

    Sold Prices · DLD Data

    Sobha Ivory - Ii

    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 — the numbers

    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

    Price trend in Sobha Ivory - Ii

    Average sale price per sqft by month since March 2026-77.7%

    5781,1031,628Mar 26: AED 1,803/sqft · 2 salesMar 26May 26: AED 403/sqft · 1 saleMay 26

    Transactions

    Recent sold prices

    DateTypeBedsSize (sqft)PriceAED/sqft
    22 May 2026Sales-1,490AED 600KAED 403
    05 Mar 2026Sales-1,389AED 2.7MAED 1,944
    04 Mar 2026Sales-1,203AED 2.0MAED 1,662

    About the area

    Sobha Ivory - Ii is in Business Bay

    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 guide

    Nearby

    Other buildings in Business Bay

    FAQ

    Sobha Ivory - Ii: frequently asked questions

    What is the average price in Sobha Ivory - Ii?

    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.

    Are prices in Sobha Ivory - Ii going up or down?

    Average sale prices in Sobha Ivory - Ii have eased -77.7% per square foot since March 2026, across 3 DLD-recorded sales.

    What rental yield can I expect in Sobha Ivory - Ii?

    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.

    How many properties have sold in Sobha Ivory - Ii?

    3 sales have been recorded in Sobha Ivory - Ii according to DLD data, across approximately 92 units.

    Considering Sobha Ivory - Ii?

    Get honest, DLD-backed guidance on pricing, yields and availability in Business Bay from Binayah's advisors — no pressure, just the numbers.

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