Sobha Ivory is a commercial complex in Business Bay, Dubai. The project by Sobha Real Estate LLC comprises two individual buildings, named Sobha Ivory I and Sobha Ivory II. The construction of Sobha Ivory was completed in 2010. The commercial skyscrapers offer shops and offices with a total covered space of 119,093 sq. ft.
Business Bay is one of the most sought-after neighbourhoods in Dubai, featuring many residential, commercial, and mixed-use projects. Accessible via Skeikh Zayed Road (E11), Business Bay offers an array of upscale dining, entertainment and leisure options. In the last 12 months, the apartments sold in Business Bay amounted to over AED 21B. Additionally, there have been more than 14,000 rental transactions for apartments in Business Bay.
There is a 3-level podium for covered parking in Sobha Ivory.
There are 3 high-speed elevators in Sobha Ivory.
Sobha Ivory has 24/7 CCTV camera monitoring and general maintenance services available.
Sobha Ivory in Business Bay offers shops and offices in multiple sizes.
Offices for sale in Sobha Ivory are available in multiple configurations, such as shell and core offices and fully fitted offices. Sobha Ivory has fitted offices that include a pantry and washrooms. With covered areas from 1,078 sq. ft. to 2,297 sq. ft, the price of offices ranges from AED 1,500,000 to AED 5,000,000 yearly.
There are various options for offices for rent in Sobha Ivory, priced at AED 150,000 to AED 250,000 per annum, with covered areas ranging from 1,178 sq. ft. to 1490 sq. ft.
Various rental offices in Business Bay are available for tenant needs. Those interested in offices for sale in Business Bay will also find a wide range of choices with varying price tags.
Sobha Ivory offers retail spaces on the ground level, covering areas from 834 sq. ft. to 1,500 sq. ft. One can find shops for rent in Sobha Ivory, offering parking facilities for visitors and staff, priced at 367,500 sq. ft.
Additionally, shops for sale in Sobha Ivory are priced at AED 1,550,000 per annum and are also suitable as a long-term investment.
A variety of shops for rent in Business Bay in multiple configurations are available. With varying price tags, retail businesses can choose from shops for sale in Business Bay as well.
GENERAL FUND | AED/SQ. FT. |
---|---|
Services General upkeep of the building |
4.17 |
Maintenance General repairs and replacements |
3.58 |
Utilities Services Charges for using DEWA/district cooling facilities and meters |
2.74 |
Management Services Owner’s association charges for managing the property |
0.71 |
Insurance Charge for the insurance of the building |
0.29 |
Master Community Fees for communal facilities in the neighbourhood |
1.00 |
Reserved Fund Funds used for major repairs and to help maintain the yearly service charges fees |
1.00 |
Total | 13.49 |
These are the service charges for Sobha Ivory* as per the Dubai Land Department. You can read more about service charges in Dubai if you want to buy a property in Dubai.
*Please note that these service charges are subject to change.
Sobha Ivory is strategically located 4-minutes off Al Khail Road (E44). Arterial highways, Sheikh Zayed Road (E11) and Dubai-Al Ain Road (E66), are reachable within a 5 and 9-minute drive, respectively. Those relying on Dubai public transportation near Sobha Ivory will find various options such as taxis, buses and the metro.
One can reach U BORA Tower Bus Stop within a 4-minute drive for Dubai bus service. It is a frequent stop for buses 26, 51, F19B, F41 and X22.
For the Red Line of Dubai metro, Dubai Mall Metro Station is reachable within a 6-minute drive from Sobha Ivory.
One can find the following restaurants near Sobha Ivory:
These restaurants are located within a 6-minute drive.
Nearby buildings include:
Residences 110 and Elite Business Bay Residence are located a 2-minute drive away. Sol Bay, Bellevue Towers and Marquise Square are within a 9-minute drive from Sobha Ivory.
Sobha Ivory is situated in a central business district in Dubai, providing easy access to major highways, the Dubai metro, and numerous commercial and residential projects. It is ideal for businesses looking to be in the city's commercial hub, offering convenience. Since most of the buildings are under construction nearby, there is an issue of noise pollution. Measures are being taken by the government to reduce such issues to let the commercial area run its operations smoothly.
Sobah Ivory is near public transportation, with nearby metro stations and bus stops providing easy access to other parts of Dubai.
Sobha Ivory is located near several landmarks, including the Dubai Mall and Burj Khalifa.
Sobha Ivory has high-speed elevators, 24/7 security, CCTV surveillance and general maintenance services.