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Sobha Ivory II, Business BayReady

Sobha Ivory II, Business Bay

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HIGHLIGHTS

About Sobha Ivory 2

Sobha Ivory II is an office building in Business Bay, a waterfront community known for its extravagant entertainment options and high-profile residential and commercial developments. The commercial building is a part of Sobha Ivory, a two-tower complex consisting of two buildings: Sobha Ivory I and Sobha Ivory II. Sobha Ivory 2 is a 16-storey building developed by Sobha Developers. The freehold property was launched in 2008 and completed in 2011.

One can find fully fitted and shell and core offices in Sobha Ivory 2, along with retail options on the ground floor. Amenities include three parking levels, a cafeteria, a 24-concierge desk and a first aid medical centre. Sobha Ivory 2 is close to Al Asayel Street and Al Khaleej Al Tejari 2 Street.

IN A NUTSHELL

  • Type of building: Commercial
  • Location: Business Bay
  • Developer: Sobha Developers
  • Date of completion: 2011
  • Number of floors: 16
  • Unit type: Fully fitted and shell and core offices
  • Type of ownership: Freehold
  • Amenities: Dedicated parking, cafeteria, convenience stores, pharmacy and medical centre
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BUILDING DETAILS

Facilities in Sobha Ivory II

Sobha Ivory 2 is a commercial office tower that offers numerous parking spaces, high-speed elevators and a lobby for office occupants and visitors.

view of sobha ivory II, business bay
Sobha Ivory II has dedicated parking for occupants

Parking

There are three levels of parking in Sobha Ivory 2, Business Bay. Each office gets at least one parking space.

Elevators

There are multiple high-speed elevators in Sobha Ivory 2.

Security and Concierge Services

Sobha Ivory 2 has 24-hour CCTV video surveillance and offers maintenance services. You can also find a large lobby on the ground floor.

Fitness Amenities

Talking about gyms near Sobha Ivory 2, the closest is The Warehouse Gym O14 Tower, within a 7-minute walking distance.

Properties in Sobha Ivory 2  

The ground floor in Sobha Ivory 2 is dedicated to retail shops, while the rest of the building features office spaces. There are two types of offices in Sobha Ivory II:

  • Shell and core offices
  • Fully fitted offices

Fully fitted offices are where tenants can move in and start their work, as the offices are fully furnished with all the necessary items. In contrast, shell and core offices are open spaces.

Offices in Sobha Ivory 2 

Offices in Sobha Ivory 2 have covered areas ranging from 1,078 sq. ft. to 1,400 sq. ft. One can rent them starting from AED 65k.

A 1,078 sq. ft. fitted office is available for AED 65k, and a 1,078 sq. ft. shell-and-core office for rent in Sobha Ivory Tower 2 is priced at 53.9k. The rents can go up to AED 60.1k for a 1,219 sq. ft. office.

Shops in Sobha Ivory 2 

The retail options can be found on the ground floor of Sobha Ivory 2. Tenants can rent shops in Sobha Ivory 2 for AED 150k. To rent shops in Business Bay, expect to pay AED 80k to AED 510k.

You can also buy shops in Sobha Ivory 2 for AED 500k. Similarly, to buy shops in Business Bay, expect to pay AED 1.2M to AED 13M.

  • Rents for fully fitted offices in Sobha Ivory II range from AED 60k to AED 65k.
  • Shell and Core offices in Sobha Ivory 2 have rental prices of AED 60k.

Offices for rent in Sobha Ivory 2  have a starting price of AED 53.9k. One can rent offices in Business Bay starting from AED 33k

Offices for sale in Sobha Ivory 2 are priced at AED 530k. On the other hand, you can buy offices in Business Bay for AED 300k.

  • The sales price for shops in Sobha Ivory 2, Business Bay is AED 530k.

Service Charges in Sobha Ivory 2

General FundPrice Per Sq. Ft. In AED
Services
info
General upkeep of the building
3.55
Maintenance
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General repairs and replacements
3.04
Improvement
info
Charge for the improvement or replacement of services or facilities provided
0.35
Utilities Services
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Charges for using DEWA/district cooling facilities and meters
4.16
Management Services
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Owner’s association charges for managing the property
0.92
Insurance
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Charge for the insurance of the building
1.11
Master Community
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Fees for communal facilities in the neighbourhood
0.48
Reserved Fund
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Funds used for major repairs and to help maintain the yearly service charges fees
0.68
Total 14.29
Additional ChargesPrice Per Sq. Ft. In AED
Unit A/C (Charges) 6.72
Meter Installation 7,231.95
Parking 332.78

These figures are based on the services charges for Sobha Ivory 2, Business Bay*, as per the Dubai Land Department. There are many different types of service charges in Dubai. Read up on the service charges guide if you are interested in buying a property in the city.

*These charges are subject to change.

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NEARBY AMENITIES

Transportation near Sobha Ivory II

There are numerous modes of transportation near Sobha Ivory 2, Dubai. Office owners and tenants can use buses, taxis and the metro.

car outside sobha ivory tower 2 in business bay
Commuting is hassle-free for Sobha Ivory II tower occupants

Bus Stations near Sobha Ivory 2

Capital Golden Tower bus stop is a 5-minute walk from the office tower, where you will find Bus F19B.

Metro Stations near Sobha Ivory 2

Business Bay Metro Station, served by the Red Line of the Dubai Metro, is a 5-minute drive from Sobha Ivory II, Business Bay.

Business Bay Metro Station
Business Bay Metro Station is served by the Red Line of Dubai Metro

Restaurants near Sobha Ivory 2  

Tenants will find various local and international restaurants near Sobha Ivory 2, Business Bay. The list includes:

  • Grant Treat Restaurant and Café
  • Ree7an Kitchen 
  • ROKA 
  • Long Teng Seafood Restaurant
  • Lakeside Spice Restaurant
  • La Serre 
  • Bombay Brasserie

You will find multiple restaurants within an 8-minute drive from the commercial building. The closest is Long Teng Seafood Restaurant, at a 5-minute walk from the tower.

Fine dining restaurants near Sobha Ivory Tower 2 are:

  • Billionaire Mansion and Sumosan Dubai
  • Tresind Dubai
  • Teatro

Tenants can find a few upscale restaurants at a 13-minute drive away from the commercial building.

Tresind Dubai, an Indian restaurant and Teatro are a 13-minute drive from the commercial building.

Nightlife options near Sobha Ivory II Dubai, include:

  • The Lounge
  • Bridgewater Tavern
  • 10AK
  • Vault
  • Rocks and Ice
  • Iris

Tenants will find The Lounge at a 7-minute walk from the tower.  The Lounge offers international cuisine. Other nightlife options are a 10-minute drive away from the commercial tower.

Nearby Buildings

Nearby commercial buildings include:

Sobha Ivory I stands right opposite the commercial tower. Sobha Sapphire Building, Clover Bay Tower and Belhab Tower offer various offices for rent and sale.

Things to Consider 

Sobha Ivory 2 offers fully fitted units and shell and core office spaces. The parent community houses numerous commercial towers, restaurants and a vibrant lifestyle in Business Bay. While the tower has excellent facilities, limited parking can be inconvenient at times.

FAQs

DOES SOBHA IVORY 2 OFFER PARKING SPACES?

Yes, tenants will find 3 floors for parking in Sobha Ivory 2.

WHAT ARE THE PROPERTY TYPES IN SOBHA IVORY 2?

You can find offices and retail spaces in Sobha Ivory 2.

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