Sobha Ivory Tower 2

Completed|92 units · 1 building

Sobha Ivory Tower 2 is a completed development by SOBHA REALTY in Business Bay, comprising 92 registered units. 167 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,391 per sqft. At AED 1,391 per sqft, Sobha Ivory Tower 2 prices 25% below the Business Bay median of AED 1,861 per sqft on registered sales.

PIX© price · ↓8.8% YoY

1.80MAED

Typical

1,391AED

PSF

Gross yield

8.6%

PIX© rent ÷ PIX© price

Sale records

167

DLD · all time

Rent contracts

763

Ejari · all time

SATELLITE

LocationBusiness Bay

Drive times · typical

Downtown Dubai9 min · 3.6 km

DXB Airport15 min · 18.7 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

OPEN IN GOOGLE MAPS →

Exclusive to PropertyIndex©

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 10

…

Office on Floor 10, Sobha Ivory Tower 2

Size
Record: May 2013 to Mar 2026
Owners: 6
Tenants: 11
Price change
Yield on cost

Sale price by owner

Party	Date	Price / RentAED	Held	Note
6Owner 6	4 Mar 2026		6 mo	Current owner Sold with tenant in place
11Tenant 11	18 Oct 2025			Owner 5
10Tenant 10	19 Feb 2024		12 mo	Owner 5
5Owner 5	9 Sep 2023		2.5 yrs	Sold with tenant in place
9Tenant 9	19 Feb 2023		12 mo	Owner 4
8Tenant 8	20 Feb 2022		12 mo	Renewal Owner 4
8Tenant 8	20 Feb 2021		12 mo	Owner 4
7Tenant 7	5 Feb 2020		13 mo	Owner 4
6Tenant 6	1 Apr 2019		9 mo	Ended early Owner 4
5Tenant 5	20 Jun 2018		8 mo	Ended early Owner 4
4Tenant 4	21 Jun 2017		12 mo	Renewal Owner 4
4Tenant 4	21 Jun 2016		12 mo	Owner 4
3Tenant 3	10 Jun 2015		12 mo	Ended early Owner 4
2Tenant 2	1 Jul 2014		12 mo	Owner 4
1Tenant 1	26 Jun 2013		13 mo	Owner 4
4Owner 4	25 Jun 2013		10.2 yrs
3Owner 3	18 Jun 2013		7 d
2Owner 2	7 May 2013		42 d
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 10 · Sobha Ivory Tower 2

Nightly rateAED

Occupancy (237 nights)

Fees (optional)

Management, cleaning, platform fees: a percent of revenue, or a yearly amount.

Enter a nightly rate to test your scenario against this unit’s record.

Sobha Ivory Tower 21,391AED/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	1.80M	1,391	↓8.8%	155K	8.6%
Office 1,078 - 1,490 sqft	84
Shop 812 - 2,016 sqft	8	-	-	-

Sales - Project-Wide167 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
2 Sep 2026	—	Sobha Ivory Tower 2 · Floor 4	1,178	1,800,000	1,528	-5.0%	Entry Level	Standard Sale
25 Aug 2026	—	Sobha Ivory Tower 2 · Floor 4	1,350	2,100,000	1,555	-2.2%	Standard	Standard Sale
22 May 2026	—	Sobha Ivory Tower 2 · Floor 11	1,490	600,000	403	Completion	Entry Level	Standard Sale

Rentals - Project-Wide763 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
16 Sep 2026	—	Sobha Ivory Tower 2 · Floor 8	1,178	142,000	121	-	Entry Level	CONTRACT
1 Sep 2026	—	Sobha Ivory Tower 2 · Floor 9	1,350	144,270	107	-	Entry Level	CONTRACT
30 Aug 2026	—	Sobha Ivory Tower 2 · Floor 3	1,203	150,000	125	-	Entry Level	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 2

Compared with

Silver Tower

PIX© PSF

1,558

Rank

#29 of 35

#28 of 35

Typical price

2.10M

Yield

8.2%

Units

483

Sales

113

Rents

256

731

Developer

SOBHA REALTY

TAMEER HOLDING INVESTMENT (LLC)

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Empire Heights GPD INVESTMENTS SPV ONE LIMITED · Completed	221					147	5,762
	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
29	Sobha Ivory Tower 2 SOBHA REALTY · Completed	92	1,558	Subject	2.10M	8.2%	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
	Sobha Ivory Tower 1 JUPITER ESTATES LIMITED · Completed	92					38	303
	The Prime Tower SIDRA LIMITED · Completed	241					70	1,915
	XL Tower DAMAC · Completed	170					74	570

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.

Sobha Ivory Tower 1AED 1,297/sqft
Ontario TowerAED 1,525/sqft
Sobha Ivory TowersAED 1,534/sqft
The Prime TowerAED 1,245/sqft
XL TowerAED 1,210/sqft
Silver TowerAED 1,620/sqft

Common questions about Sobha Ivory Tower 2

Answered from Dubai Land Department registered transactions.

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

Property in Sobha Ivory Tower 2 sells at a current PIX© price of AED 1,391 per sqft, or about AED 1,797,985 for a typical unit, based on 167 sales registered with the Dubai Land Department.

Is Sobha Ivory Tower 2 completed?

Yes. Sobha Ivory Tower 2 is recorded as completed in the Dubai Land Department project register.

Who is the developer of Sobha Ivory Tower 2?

Sobha Ivory Tower 2 is developed by SOBHA REALTY, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Sobha Ivory Tower 2?

Sobha Ivory Tower 2 yields 8.6% gross, calculated from current PIX© rent against current PIX© sale price, across 763 registered Ejari contracts.

How many units are in Sobha Ivory Tower 2?

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

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

Price per sqft has fallen -8.8% over the last 12 months, to AED 1,391, across 167 registered sales.