ReadyReady building · Sobha
Sobha Ivory 1, Business Bay
Highlights
Sobha Ivory 1 at a glance
About Sobha Ivory 1
Sobha Ivory 1 is a commercial building in Business Bay, Dubai, developed by Sobha. It holds about 92 units: commercial units.
The building was completed in 2012 and has been in use for about 14 years. 2 units changed hands in the last 12 months, registered with the Dubai Land Department.
Sobha Ivory 1 is one of 257 buildings in Business Bay: 149 are complete and 61 are still being built.
In a nutshell
- A commercial ready building
- Located in Business Bay, Dubai
- Developed by Sobha
- Completed in Q1 2012
- Unit types: Commercial
- Sizes from 810 to 2,020 sq ft
- Service charge from AED 15.24 per sq ft
- Business Bay metro station 1.8 km away
- Status
- Ready
- Developer
- Sobha
- Location
- Business Bay, Dubai
- Completed
- Q1 2012
- Unit types
- Commercial
- Prices from
- AED 660.0K
- Service charge
- AED 17.01 per sq ft (2026)
- Nearest metro
- Burj Khalifa Road, 1 km
Photos of Sobha Ivory 1
Building details
Inside Sobha Ivory 1
Properties in Sobha Ivory 1
Commercial units in Sobha Ivory 1
There are about 92 of these in Sobha Ivory 1, from 810 to 2,020 sq ft. They have recently sold for a median of AED 1.7M, or AED 1,410 per sq ft. Owners who resold made a median 11% over what they paid.
| Unit type | Units | Size | Median price | Median rent |
|---|---|---|---|---|
| Commercial | 92 | 810 sqft75.3 sqmt – 2,020 sqft187.7 sqmt | AED 1.7M | – |
Service charges in Sobha Ivory 1
The 2026 service charge in Sobha Ivory 1 is AED 17.01 per sq ft for commercial units, AED 15.24 per sq ft for mixed, AED 17.01 per sq ft for offices. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department. Each parking space adds about AED 999 a year.
| Unit type | Rate per sq ft | Size | Yearly charge |
|---|---|---|---|
| Commercial (2026) | AED 17.01 | 810 sqft75.3 sqmt – 2,020 sqft187.7 sqmt | AED 13,778 – AED 34,360 |
| Offices (2026) | AED 17.01 | 810 sqft75.3 sqmt – 2,020 sqft187.7 sqmt | AED 13,778 – AED 34,360 |
Source: Dubai Land Department service charge index. Rates are reviewed each year.
Nearby amenities
Around Sobha Ivory 1
Transportation near Sobha Ivory 1
The nearest Dubai Metro station from Sobha Ivory 1 is Business Bay (red line, 1.8 km, about 6 min drive), then Burj Khalifa/Dubai Mall (red line, 2.4 km, about 7 min drive). Stations planned on new lines nearby include Burj Khalifa Road (golden line, 1 km, about 12 min walk) and District 1 near High Speed Rail line (golden line, 1.1 km, about 13 min walk). Most residents will drive or take a taxi to the metro.
- Burj Khalifa RoadGolden line · 1 km · about 12 min walk
- District 1 near High Speed Rail lineGolden line · 1.1 km · about 13 min walk
- Business Bay InterchangeGolden line · 1.7 km · about 5 min drive
- Business BayRed line · 1.8 km · about 6 min drive
- Burj Khalifa/Dubai MallRed line · 2.4 km · about 7 min drive
- District 1Golden line · 2.8 km · about 8 min drive
Shopping and groceries near Sobha Ivory 1
The closest is Spinneys / south bridge downtowne Dubai, 1 km from Sobha Ivory 1 (about 12 min walk).
- Spinneys / south bridge downtowne DubaiSupermarket · 1 km · about 12 min walk
- Spinneys/ Ontario TowerSupermarket · 1.2 km · about 14 min walk
- Spinneys / The Executive TowersSupermarket · 1.2 km · about 14 min walk
- Al Maya / 8 Boulevard Walk, Downtown DubaiSupermarket · 1.3 km · about 5 min drive
- Bay AvenueShopping Mall · 1.4 km · about 5 min drive
Restaurants and hotels near Sobha Ivory 1
The closest is Maward Restaurant, 0.2 km from Sobha Ivory 1 (about 2 min walk).
- Maward RestaurantRestaurant · 0.2 km · about 2 min walk
- Oberoi HotelHotel · 1.1 km · about 13 min walk
- Vida Hotels and ResortsHotel · 1.2 km · about 14 min walk
- Al Manzil HotelHotel · 1.4 km · about 5 min drive
- JW Marriott Marquis Business BayHotel · 1.6 km · about 5 min drive
Hospitals and clinics near Sobha Ivory 1
The closest is Medcare Hospital, 3 km from Sobha Ivory 1 (about 8 min drive).
- Medcare HospitalHospital · 3 km · about 8 min drive
- Al Amal HospitalHospital · 3 km · about 8 min drive
- Emirates HospitalHospital · 4 km · about 10 min drive
- Internationl Medical CenterHospital · 4.2 km · about 10 min drive
- Neuro Spinal hospitalHospital · 4.5 km · about 11 min drive
Parks and leisure near Sobha Ivory 1
The closest is Dubai Bowling Centre, 1.7 km from Sobha Ivory 1 (about 5 min drive).
- Dubai Bowling CentreSports Academy · 1.7 km · about 5 min drive
- Al Quoz Pond ParkPark · 1.7 km · about 5 min drive
- Safa ParkPark · 2.7 km · about 7 min drive
- Falcon Heritage and Sports CentreSports Academy · 3.6 km · about 9 min drive
- Falcon Centre and Cultural SportsSports Academy · 3.6 km · about 9 min drive
Schools near Sobha Ivory 1
The nearest is Dubai International Private School - Br, 1.4 km away. Ratings are the KHDA's latest inspection grades.
- Dubai International Private School - BrAmerican · KHDA: Good · 1.4 km
- GEMS Our Own Indian SchoolIndian · KHDA: Very good · 1.4 km
- Global Indian International School L.L.CIndian · KHDA: Good · 1.5 km
- Iranian Towheed Boys SchoolIranian - International Baccalaureate · KHDA: Good · 1.6 km
- Lycee Francais Jean Mermoz L.L.CFrench · KHDA: Not inspected due to COVID 19 · 2.1 km
- Clarion School L.L.CAmerican · KHDA: Good · 2.1 km
Other buildings in Business Bay
Business Bay has 257 buildings. A few others to compare Sobha Ivory 1 with:
- Ready
Ready- Ready
ReadyOff-plan
Ready
Things to consider about Sobha Ivory 1
In its favour
- Owners who resold have made money: a median gain of up to 11%.
- Ready to move into or let, with no construction risk.
- Several schools within 3 km.
Worth checking
- Few sales each year, so a resale can take longer and prices move on a handful of deals.
- Completed 14 years ago: ask about maintenance and any planned refurbishment.
- The nearest running metro station is 1.8 km away, so a car helps.
Specialists
Brokers who know Sobha Ivory 1
These brokers handle sales and lettings in Sobha Ivory 1 and can tell you what is available now.
Mohammad Jarrar
Property Advisor
Anjelika Nazarmetova
Senior Property Advisor
Osman Sillah
Property Advisor
Mahmoud Hamzeh
Property Advisor
Shiela Marie Duran
Property Advisor
Nathalie Donfack Tsueti
Property Advisor
Ivelina Neykova
Senior Property Advisor
Aniket Arun Tiwari
Property Advisor
FAQs
Sobha Ivory 1: questions answered
Buying, selling or renting in Sobha Ivory 1?
A broker who works Business Bay will tell you what is available and what comparable homes went for.