Sobha Ivory - 2

Completed · Q4 2010|92 units · 1 podium

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Sobha Ivory - 2 is a completed apartment development by SOBHA PROPERTIES LIMITED in Business Bay, comprising 92 registered units. 162 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,851 per sqft. At AED 1,851 per sqft, Sobha Ivory - 2 prices 24% below the Business Bay average of AED 2,432 per sqft on registered sales.

PIX© price · ↑21.7% YoY

2.45MAED

Typical

1,851AED

PSF

Gross yield

7.7%

PIX© rent ÷ PIX© price

Sale records

162

DLD · all time

Rent contracts

908

Ejari · all time

SATELLITE

LocationBusiness Bay in Business Bay

Drive times · typical

Downtown Dubai9 min · 3.6 km

DXB Airport15 min · 19.1 km

DIFC13 min · 9.1 km

Dubai Marina20 min · 20.7 km

Palm Jumeirah21 min · 23.1 km

Nearest · straight-line

Metro stationBusiness Bay1.8 km

MallLanolin FZE0.2 km

SchoolBella's Magic World0.3 km

HospitalLuxlife Prestige PolyClinic0.2 km

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Sobha Ivory - 21,851AED/sqft · project-wide

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

Type	Units	PIX© Price	PIX© PSF	PSF YoY	PIX© Rent /yr	Yield
PIX© Core Project-Wide 812 – 2,016 sqft	92	2.45M	1,851	↑21.7%	188K	7.7%
Office 1,078 – 1,490 sqft	84
Shop 812 – 2,016 sqft	8	—	—	—

Sales — Project-Wide162 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
22 May 2026	Floor 11	—	600,000	—	—		Standard Sale
5 Mar 2026	Floor 3	1,389	2,700,000	1,944	+107.7%	Standard	Standard Sale
4 Mar 2026	Floor 10	1,203	2,000,000	1,663	+81.8%	Standard	Standard Sale

Rentals — Project-Wide908 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Corporate

Floor Analysis

last 24 months

Floors	Median Rent / Yr
All floors	133 rentals
Floors 0-3	32 rentals
Floors 4-7	48 rentals
Floors 8-12	53 rentals

Median Rent / Yr · 133 rentals

Floors 0-3 · 32 rentals

Floors 4-7 · 48 rentals

Floors 8-12 · 53 rentals

Latest contracts

Start Date	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
15 Aug 2026	Floor 11	1,219	160,000	131	-5.9%	Entry Level	new
2 Aug 2026	Floor 0	823	96,000	117	+20.0%	Standard	new
1 Aug 2026	Floor 8	1,203	76,372	63	+59.2%	Entry Level	new

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare2 peers could not be placed

This project

Sobha Ivory - 2

Compared with

Business Tower

PIX© PSF

1,768

Rank

#25 of 33

#24 of 33

Typical price

2.30M

Yield

7.5%

Units

166

Sales

Rents

150

277

Developer

SOBHA PROPERTIES LIMITED

DAMAC PROPERTIES CO (L.L.C)

Handover

2010

2011

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	The Exchange TANMIYAT GLOBAL REAL ESTATE DEVELOPMENT L L C · 2015	188					50	2,802
	Iris Bay SHETH ESTATE (INTERNATIONAL) LIMITED · 2015	202					140	7,341
	Bayswater OMNIYAT PROPERTIES DEVELOPMENT CORPORATION · 2010	298					123	522
	Crystal Tower REEF REAL ESTATE INVESTMENT CO (L.L.C) · 2010	441					25	441
	Business Tower DAMAC PROPERTIES CO (L.L.C) · 2011	166					67	277
25	Sobha Ivory - 2 SOBHA PROPERTIES LIMITED · 2010	92	1,768	Subject	2.30M	7.5%	21	150
	Clover Bay GREEN EMIRATES PROPERTIES CO.PSC · 2011	302					116	1,571
	Prime Tower SIDRA LIMITED · 2014	206					60	1,755
	International Business Tower	149					53	198
	Silver Tower TAMEER HOLDING INVESTMENT (LLC) · 2011	368					113	498
	Executive Bay B DAMAC STAR PROPERTIES (L L C) · 2014	298					143	470

Community median 1,846 AED/sqft. Showing the closest-ranked peers of 33 ranked projects in the community. 12 community projects excluded for insufficient recorded sales. 46 excluded for trading only in the off-plan market. 27 excluded for insufficient unit-mix overlap. Peer set trimmed to the most similar projects by unit size, vintage and status. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Business Bay

The closest-priced registered projects in Business Bay.

CenturyAED 1,854/sqft
Westburry TowerAED 1,859/sqft
RegaliaAED 1,833/sqft
The PrismAED 1,832/sqft
SLS DubaiAED 1,876/sqft
B2B TowerAED 1,884/sqft

Common questions about Sobha Ivory - 2

Answered from Dubai Land Department registered transactions.

How much does a property in Sobha Ivory - 2 cost?

Property in Sobha Ivory - 2 sells at a current PIX© price of AED 1,851 per sqft, or about AED 2,452,523 for a typical unit, based on 162 sales registered with the Dubai Land Department.

Is Sobha Ivory - 2 completed?

Yes. Sobha Ivory - 2 is recorded as completed in the Dubai Land Department project register (completed q4 2010).

Who is the developer of Sobha Ivory - 2?

Sobha Ivory - 2 is developed by SOBHA PROPERTIES LIMITED, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Sobha Ivory - 2?

Sobha Ivory - 2 yields 7.7% gross, calculated from current PIX© rent against current PIX© sale price, across 908 registered Ejari contracts.

How many units are in Sobha Ivory - 2?

Sobha Ivory - 2 holds 92 registered units, per the Dubai Land Department unit register.

Have prices in Sobha Ivory - 2 gone up or down?

Price per sqft has risen +21.7% over the last 12 months, to AED 1,851, across 162 registered sales.