Sobha Ivory Tower 1

Completed|92 units · 1 building

Sobha Ivory Tower 1 is a completed development by JUPITER ESTATES LIMITED in Business Bay, comprising 92 registered units. 181 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,349 per sqft. At AED 1,349 per sqft, Sobha Ivory Tower 1 prices 28% below the Business Bay median of AED 1,861 per sqft on registered sales.

PIX© price · ↓0.9% YoY

1.72MAED

Typical

1,349AED

PSF

Gross yield

9.0%

PIX© rent ÷ PIX© price

Sale records

181

DLD · all time

Rent contracts

887

Ejari · all time

SATELLITE

LocationBusiness Bay

Drive times · typical

Downtown Dubai9 min · 6.0 km

DXB Airport14 min · 17.9 km

DIFC12 min · 8.4 km

Dubai Marina19 min · 20.0 km

Palm Jumeirah20 min · 22.3 km

Nearest · straight-line

Metro stationBusiness Bay1.7 km

MallOlazee personal shopper and Tourism0.2 km

SchoolBella's Magic World0.2 km

HospitalEDEN Aesthetics Clinic | Botox | Filler | Laser | BBL0.2 km

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PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor

Units on floor 8

…

Office on Floor 8, Sobha Ivory Tower 1

Size
Record: Jun 2013 to Jan 2026
Owners: 7
Tenants: 8
Price change
Yield on cost

Sale price by owner

Party	Date	Price / RentAED	Held	Note
8Tenant 8	13 Jan 2026			Owner 7
7Owner 7	7 Jul 2025		14 mo	Current owner Sold with tenant in place
7Tenant 7	21 Dec 2024		10 mo	Ended early Owner 6
5Tenant 5	25 Nov 2023		12 mo	Owner 6 · Registered twice
4Tenant 4	3 May 2023		6 mo	Ended early Owner 6
6Owner 6	27 Jan 2023		2.4 yrs	Sold with tenant in place
3Tenant 3	18 Jan 2018		5.3 yrs	Owner 5
5Owner 5	14 Jan 2018		5.0 yrs	Sold with tenant in place
2Tenant 2	29 Sep 2014		3.3 yrs	Ended early Owner 4
1Tenant 1	29 Sep 2014		12 mo	Owner 4
4Owner 4	29 Sep 2014		3.3 yrs	Sold with tenant in place
3Owner 3	24 Feb 2014		7 mo
2Owner 2	5 Jun 2013		9 mo
Owner 1 · Undisclosed		—		Acquisition date and price not on record

PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

Office · Floor 8 · Sobha Ivory Tower 1

Nightly rateAED

Occupancy (237 nights)

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Sobha Ivory Tower 11,349AED/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	1.72M	1,349	↓0.9%	154K	9.0%
Office 1,089 - 1,485 sqft	84
Shop 812 - 2,016 sqft	8	-	-	-

Sales - Project-Wide181 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	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
18 May 2026	—	Sobha Ivory Tower 1 · Floor 4	1,245	1,614,498	1,297	+72.9%	Standard	Standard Sale
23 Oct 2025	—	Sobha Ivory Tower 1 · Floor 1	1,191	1,548,300	1,300	+8.3%	Standard	Standard Sale
18 Sep 2025	—	Sobha Ivory Tower 1 · Floor 1	1,485	1,893,375	1,275	+6.3%	Standard	Standard Sale

Rentals - Project-Wide887 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Latest contracts

Start Date	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
19 Sep 2026	—	Sobha Ivory Tower 1 · Floor 5	1,485	315,000	212	-	Premium	CONTRACT
1 Sep 2026	—	Sobha Ivory Tower 1 · Floor 8	1,245	150,000	120	-	Standard	CERTIFICATE
20 Aug 2026	—	Sobha Ivory Tower 1 · Floor 7	1,485	230,000	155	-	Premium	CERTIFICATE

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 Tower 1

Compared with

Ontario Tower

PIX© PSF

1,297

Rank

#32 of 35

#31 of 35

Typical price

1.62M

Yield

9.3%

Units

300

Sales

190

Rents

303

9,420

Developer

JUPITER ESTATES LIMITED

ROSE HOMES INVESTMENT (L.L.C)

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Business Tower DAMAC · Completed	166					66	431
	Clover Bay Tower GREEN EMIRATES PROPERTIES CO.PSC · Completed	302					113	2,125
	Oxford Tower DEYAAR DEVELOPMENT (P.J.S.C) · Completed	105					35	339
	Silver Tower TAMEER HOLDING INVESTMENT (LLC) · Completed	483					113	731
	Sobha Ivory Tower 2 SOBHA REALTY · Completed	92					21	256
	Sobha Ivory Towers JUPITER ESTATES LIMITED · Completed	184					59	559
	Ontario Tower ROSE HOMES INVESTMENT (L.L.C) · Completed	300					190	9,420
32	Sobha Ivory Tower 1 JUPITER ESTATES LIMITED · Completed	92	1,297	Subject	1.62M	9.3%	38	303
	The Prime Tower SIDRA LIMITED · Completed	241					70	1,915
	XL Tower DAMAC · Completed	170					74	570
	Executive Bay B DAMAC · Completed	122					60	325

Community median 1,861 AED/sqft. Showing the closest-ranked peers of 35 ranked projects in the community. 13 community projects excluded for insufficient recorded sales. 57 excluded for trading only in the off-plan market. 25 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.

The Prime TowerAED 1,245/sqft
XL TowerAED 1,210/sqft
Ontario TowerAED 1,525/sqft
Sobha Ivory TowersAED 1,534/sqft
Sobha Ivory Tower 2AED 1,558/sqft
Silver TowerAED 1,620/sqft

Common questions about Sobha Ivory Tower 1

Answered from Dubai Land Department registered transactions.

How much does a property in Sobha Ivory Tower 1 cost?

Property in Sobha Ivory Tower 1 sells at a current PIX© price of AED 1,349 per sqft, or about AED 1,720,191 for a typical unit, based on 181 sales registered with the Dubai Land Department.

Is Sobha Ivory Tower 1 completed?

Yes. Sobha Ivory Tower 1 is recorded as completed in the Dubai Land Department project register.

Who is the developer of Sobha Ivory Tower 1?

Sobha Ivory Tower 1 is developed by JUPITER ESTATES LIMITED, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Sobha Ivory Tower 1?

Sobha Ivory Tower 1 yields 9.0% gross, calculated from current PIX© rent against current PIX© sale price, across 887 registered Ejari contracts.

How many units are in Sobha Ivory Tower 1?

Sobha Ivory Tower 1 holds 92 registered units, per the Dubai Land Department unit register.

Have prices in Sobha Ivory Tower 1 gone up or down?

Price per sqft has fallen -0.9% over the last 12 months, to AED 1,349, across 181 registered sales.