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Dubai Wealth Index

Sobha Ivory 1 offices, on record.

What offices in Sobha Ivory 1, Business Bay, actually sold and rented for, from the registered transactions and Ejari leases of this one building.

Offices in this building
1,300AED/sqft achieved
AED 119/yr/sqft registered rent · gross yield withheld: 3 of 10 sales in 12 months

All Business Bay offices →

Price, rent and implied yield

Building medians over eligible physical units.

Registered new rent
119AED/yr/sqft
36 new leases · 12 months
Achieved sale price
1,300AED/sqft
3 registered sales · 12 months
Building gross yield
—
withheld: 3 of 10 sales in 12 months
Liquidity
3.6%
3 sales / 84 registered units
New-lease demand
−23.4%
latest 12 months vs prior 12
Registered stock
84
of 84 physical units in the register
After approved charges
—%
follows the gross yield, which needs 10 sales and 30 new leases

At your size

Sobha Ivory 1 offices of every size: AED 1,300/sqft to buy, AED 119/sqft a year to lease

Price per sqft
AED 1,300
3 sales · latest 28 Sept 2026 · −62% vs Business Bay
Rent per sqft a year
AED 119
36 new leases · latest 19 Sept 2026 · −27% vs Business Bay
Typical unit
AED 1.61M
Median price; median unit 1,191 sqft
Typical rent a year
AED 150,000
Median annual rent; median unit 1,245 sqft

Gross yield at this size: withheld below 10 sales and 30 new leases.

Against the other Business Bay towers

TowerSale /sqftRent /sqft/yrSalesLeasesLatest deal
Tamani Arts Office2,09418363489
HQ by ROVE4,674—3340
Park Lane2,03716635171
Burlington Tower2,44818546155
The Binary by Omniyat3,66821426134
Citadel Tower2,01614120138
Lumena Alta by Omniyat6,130—1480
Silver Tower1,52213025121
Regal Tower1,86113434110
B2B2,30020225118
The Metropolis1,90015617123
Bayswater Bay by Omniyat1,93316332106
Burj Capital3,632—1320
Iris Bay1,7791404090
The Prism1,81414717103
Sobha Ivory 1 · this building1,300119336

Medians of registered sales and new single-unit Ejari leases in the 12 months to 12 Oct 2026, busiest tower first. A median needs 3 rows; a dash means fewer. 782 leases filed under a project of several towers count in the area row only: Ejari names the project, not the tower.

Newest deals

Sobha Ivory 1's newest registered sales and new leases at the size above.

Newest registered sales

  • Sobha Ivory 1 · 1,191 sqftAED 1.82M1,528/sqft
  • Sobha Ivory 1 · 1,245 sqftAED 1.61M1,297/sqft
  • Sobha Ivory 1 · 1,191 sqftAED 1.55M1,300/sqft

Newest new leases

  • Sobha Ivory 1 · 1,485 sqftAED 315,000 /yr212/sqft
  • Sobha Ivory 1 · 1,389 sqftAED 60,000 /yr43/sqft
  • Sobha Ivory 1 · 1,354 sqftAED 160,000 /yr118/sqft
  • Sobha Ivory 1 · 1,389 sqftAED 160,000 /yr115/sqft
  • Sobha Ivory 1 · 1,191 sqftAED 100,000 /yr84/sqft
  • Sobha Ivory 1 · 1,191 sqftAED 99,866 /yr84/sqft
  • Sobha Ivory 1 · 1,089 sqftAED 105,000 /yr96/sqft
  • Sobha Ivory 1 · 1,485 sqftAED 225,000 /yr152/sqft

Achieved sale price trend

Monthly median AED per square foot; the volume band shows how many eligible sales support each point.

Registered new-rent trend

Monthly median annual rent per square foot from new, single-property, physical-unit Ejari contracts.

Sources and dates

Each source keeps its own edition date. Price, rent and yield use the same trailing 12 months ending on the snapshot date.

DLD sales
Data to
Ejari leases
Data to
Registered units
Data to
Registered buildings
Data to
Project register
Data to
Approved charges
Data to

Sobha Ivory 1 offices

Record type
Commercial building record
Data date
Evidence base
3 eligible sales in 12 months; 36 new physical-unit leases in 12 months
Sources
Dubai Land Department transactions, Ejari leases, registered units, and RERA/Mollak approved service charges
Canonical record
/commercial/offices/business-bay/sobha-ivory-1
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Sobha Ivory 1 offices.” Dubai. Data to 2026-10-12. building × office; current metrics: trailing 12 months; sales edition 2026-10-13; leases edition 2026-10-12; units 2026-10-13; buildings 2026-10-13; projects 2026-07-06; service charges 2026-09-22. https://dubaiwealthindex.com/commercial/offices/business-bay/sobha-ivory-1

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