Sobha Ivory 1, Business Bay

Sobha Ivory 1, Dubai is a high-rise commercial building in the commercial hub of Dubai namely Business Bay. Together with Sobha Ivory 2, it makes up the Sobha Ivory complex. The commercial tower consists of three basement levels, ground floor, two podiums and 12 floors dedicated to office space.

Sobha Real Estate LLC laid down the foundation stone of the project in 2008. Designed by the National Engineering Bureau, construction of the building marked completion in 2013 while handover commenced in 2010. Sobha Contracting served as the contractors for the project as well. The building is made up of retail shops and office spaces. It is strategically located alongside Al Khail Road (E44) and offers easy access to Sheikh Zayed Road (E11).

Business Bay ranked as the 9th most popular area to buy apartments in Dubai according to Bayut’s 2019 Dubai Real Estate Market Report. It is on the path to becoming the central business hub of Dubai. A mixed-use community, it is located south to Downtown Dubai and offers an upscale cosmopolitan lifestyle.

• High-rise commercial building
• Part of Sobha Ivory commercial complex
• Located in Business Bay
• Developed by Sobha Real Estate LLC
• Designed by National Engineering Bureau
• 3 basements+ground+2 podiums+12 floors
• Offices and retail shops
• Close to bus stops, metro stations, eateries
• 10 minutes to Downtown Dubai
• Easy access to Sheikh Zayed Road

Sobha Ivory 1, Business Bay is a centrally air-conditioned building, which receives district cooling services from Empower whereas DEWA sources the electricity and water services.

There are chiller-free options available as well in the building. The broadband connection ensures streamlined internet services for everyone in the commercial complex.

Maintenance staff also ensures presence in the building to facilitate the occupants at all times. There are convenience stores and a pharmacy on the ground floor as well as in the vicinity.

With three basement levels, office occupants receive ample parking in Sobha Ivory 1, Dubai. Two parking spaces are reserved for each office. Some offices also provide up to four parking spaces depending on the configuration.

Guests and visitors can find empty parking spaces on the street.

There are three high-speed elevators in Sobha Ivory 1, Business Bay for easy access to all floors. Service elevators are also there for moving heavy cargo around the building.

There is a waiting area in the lobby, where guests and visitors can be seated. The commercial building provides 24-hour guest and concierge services. Security staff ensures round-the-clock monitoring with the help of state-of-the-art CCTV cameras.

While there are no gyms in Sobha Ivory 1, fitness fanatics can head over to the best gyms in Business Bay available located within a short drive.  The Warehouse Gym in O14 Tower is reachable within a 5-minute walk.

Properties in Sobha Ivory 1 include offices and retail shops. The offices come in two types:

• Fully fitted offices
• Shell-and-core offices

The offices are located on the 12 floors of the building, totalling up to 107,856 sq. ft. of floor space. Those wishing to install their fixtures and fittings from scratch can choose from shell-and-core offices, whereas those wishing to start their operations immediately can go with fully fitted offices. Retail shops are situated on the ground floor of the tower.

From each of the offices in the building, one can enjoy views of the waterfront and a 5m high arcade just opposite the building.

With every office in the tower, occupants receive a built-in pantry and two built-in washrooms. The floor area of fitted offices ranges between 1,177 sq. ft. and 1,500 sq. ft. These include both shell-and-core offices and fully fitted offices. There are some fully furnished offices as well with an average floor area of 1,354 sq. ft.

The fully fitted offices come with hardwood or ceramic flooring and glass partitions. There are separate rooms and cabins as well as a properly developed reception and waiting area. Blinds are also there on the windows. From the windows, once can enjoy views of the canal or Burj Khalifa.

Shell-and-core offices come with the necessary AC ducting, a pantry and two toilets. Some of these are corner units and also provide access to a large outdoor terrace. The average floor area of shell-and-core offices is around 1,485 sq. ft.

Retail shops in Sobha Ivory 1 occupy a floor area ranging between 840 sq. ft. and 913 sq. ft. These shops can be utilised as convenience stores, minimarts, laundry shops and even cafes. They come with a pantry and a toilet as well as full glass windows.

The shops in the tower come with exquisite views of the neighbouring buildings and of the main road as well.

Tenants can choose to pay their rent in up to two cheques. Offices for rent in Sobha Ivory 1 have varying rents according to the configuration.

• You can find fully fitted offices measuring from 1,089 sq. ft. to 1,500 sq. ft. for annual rent starting from AED 50K going up to AED 90K. 
• Fully fitted furnished offices with an average floor area of 1,354 sq. ft. are available for rent ranging between AED 120K and AED 140K per year. 
• Shops for rent are available for annual rent starting from AED 70K going up to AED 200K.

For offices with different configurations, you can also browse through offices for rent in Business Bay.

You can buy an office in Sobha Ivory 1 for sale prices varying according to its configuration.

• The average sale price of a shell-and-core office measuring up to 1,500 sq. ft. comes around to AED 1.1M. 
• Fitted offices measuring between 1,200 sq. ft. and 1,400 sq. ft. have sale prices starting from AED 800K going up to AED 1.1M.

Most of the offices for sale in Business Bay have more or less the same sale prices. You can compare between the pricing on Bayut.

The above-listed figures are the services charges for Sobha Ivory 1*, provided by the Dubai Land Department.

For those interested, there is a comprehensive guide available on Bayut explaining all types of Dubai property service charges.

*These charges are subject to change.

One of the main benefits of having an office in the community is the ease of transport in Business Bay. Along with bus stops, metro stations and taxis, tram stops also make up one of the forms of transportation near Sobha Ivory 1, Business Bay.

Many of the bus stations near Sobha Ivory 1 are reachable within a 10-minute walk.  These include U Bora Tower 1 Bus Stop, Mayfair Residency 1 Bus Stop, Capitol Golden Tower Bus Stop, Avanti Tower Bus Stop and Volante Dubai Tower 2 Bus Stop.

Office occupants can access the Dubai Metro by driving a few minutes.

Business Bay Metro Station, Burj Khalifa/Dubai Mall Metro Station and Noor Bank Metro Station make up the closest metro stations near Sobha Ivory 1, Dubai. You can reach all of them within a 6-minute drive.

For those interested in boarding the Dubai Tram, the Dubai Tram Depot is located at a 13-minute drive. Other tram stations near Sobha Ivory 1 include Al Sufouh Tram Stop, Knowledge Village 2 Tram Stop and Dubai Media City Tram Stop. These are 16 minutes away by car.

There is no shortage of eateries in the vicinity. Some of the best restaurants in Business Bay are accessible within a short drive from the building.

Casual dining restaurants near Sobha Ivory 1 include:

• Pinza – Sobha Ivory 1
• Ree7an – DAMAC Executive Bay 
• Han Cuisine – DAMAC Executive Bay
• Waka Restaurant & Bar – The Oberoi 
• Galito’s – Bay Square

Pinza is located on the ground floor. It deals with serving different varieties of pizza. Ree7an and Han Cuisine are within walking distance from the building. Ree7an is an Arabian restaurant whereas Han Cuisine is a Chinese restaurant.

Waka Restaurant & Bar is 3 minutes away. You can enjoy North Peruvian food with a fusion of Japanese flavours at this restaurant. Galito’s is 8 minutes away. Its menu covers foods from Portuguese and African cuisines.

International Fast Food joints near Sobha Ivory 1 include:

• KFC – Bay Avenue
• Burger King – Executive Towers
• Texas Kitchen – Executive Towers
• McDonald’s – ENOC Petrol Station
• Hardee’s – Emirates Grand Hotel Apartments, Sheikh Zayed Road

You can reach all each of these fast-food restaurants within a 10-minute drive and fulfil for appetite your fast food with ease.

Business Bay and the neighbouring Downtown Dubai are home to many cafes as well. Cafes near Sobha Ivory 1 include:

• Espressini Café – O14 Tower
• Brews Café – Marasi Drive
• VAH – Bayswater by Omniyat Building
• Tiramisu Café – Emaar Boulevard, Downtown Dubai 
• Dalona Café – B2B Tower

Espressini Café, Brews Café and VAH Café are reachable within 5 minutes by car. Tiramisu Café and Dalona Café are 9 minutes away. All of these cafes offer tea, coffee, snacks and breakfast items as well.

There are many upscale dining options available as well in the vicinity. Fine dining restaurants near Sobha Ivory 1 include:

• Ananta – The Oberoi
• Kohantei – Dubai Opera J
• Fogo de Chao – Central Park Towers
• Al Nafoorah – Jumeirah Emirates Towers
• Bice Mare – Souk Al Bahar

Ananta is the nearest fine dining option at a 3-minute drive. It serves North Indian dishes. Kohantei and Fogo de Chao are reachable within 10 minutes. Kohantei is a Japanese restaurant, whereas the specialities of Fogo de Chao include Brazilian dishes and steak.

Al Nafoorah and Bice Mare are 13 minutes away. Al Nafoorah is a Lebanese restaurant while Bice Mare serves Italian food and seafood.

For some relaxation time with colleagues, there are bars nearby as well. Nightlife options near Sobha Ivory 1 include:

• The 44 – Hilton Dubai Al Habtoor City
• Treehouse – Taj Dubai
• Aqua Poolside Bar & Grill – JW Marriott Marquis
• BAI Bar & Terrace – Radisson Blu Hotel
• The Eloquent Elephant – Taj Dubai

The 44 is the nearest nightlife option at a drive of 4 minutes. Rest of the nightlife options are 7 minutes away by car. You can enjoy drinks in the evening at these nightlife options and unwind after a hectic day.

• U Bora Towers – mixed-use complex
• Safeer Tower 1 – residential building
• Sobha Sapphire – commercial building
• The Citadel – commercial building
• DAMAC Maison Bay’s Edge – serviced hotel apartments
• Bay Square – mixed-use complex
• Burj Khalifa – mixed-use skyscraper

The community of Business Bay is home to many high-rise commercial, residential and mixed-use buildings along with luxury hotels.

U Bora Towers is within walking distance from the building. Safeer Tower 1, Sobha Sapphire, The Citadel and DAMAC Maison’s Bay Edge are 6 minutes away. You can reach the rest of the buildings in 11 minutes. Burj Khalifa is the world’s tallest skyscraper.

With exquisite views and instant access to transportation means, eateries and other amenities, Sobha Ivory 1, Business Bay serves as an attractive choice to have an office in Dubai. Its central location in Business Bay makes it convenient to travel to the popular landmarks of Dubai as well.

However, since most of the community is still developing, occupants may be subject to noise and dust pollution for the while. Nevertheless, once the construction is completed, the issue will be resolved soon.