Sobha Ivory Tower 1 is an office tower in Business Bay, Dubai, developed by Sobha and sharing a site with Sobha Ivory Tower 2. This page covers its commercial office units only: sizes, asking ranges, the published service charge and what to check.
Overview
Completion is given as 2010 by Cushman & Wakefield and 2013 by Bayut (which says handovers began in 2010). Office area is 119,093 sq ft (Cushman & Wakefield) or about 107,856 sq ft (Bayut).
Offices in Sobha Ivory Tower 1
Bayut lists fully fitted offices of 1,089 to 1,500 sq ft and furnished offices averaging 1,354 sq ft. There is a lobby waiting area, a 24-hour concierge and CCTV, with shops and a pharmacy near the ground floor. There is no gym.
Parking
Two spaces reserved per office, some up to four; visitors use street parking.
Services
24-hour concierge and CCTV.
Cooling
Empower district cooling and broadband.
Browse current offices for rent or read our guide to buying an office in Dubai.
Office prices and rents
| Rent, summary | Fully fitted 1,089 to 1,500 sq ft offices AED 50k to AED 90k a year; furnished fitted offices averaging 1,354 sq ft AED 120k to AED 140k. Bayut summary, undated |
|---|---|
| Sale, summary | Shell and core offices up to 1,500 sq ft average about AED 1.1M; fitted 1,200 to 1,400 sq ft AED 800k to AED 1.1M. Bayut summary, undated |
Asking prices and rents are not transactions. They vary with size, floor, view and fit-out, and the sources were published at different dates. Where a source does not state the date or the rent period, the figure is shown as published.
Office Service Charges & Ownership Costs
This section covers Sobha Ivory Tower 1 service charges for commercial office units only: the office service charge per sq ft, annual maintenance fees and the wider cost of owning an office in Sobha Ivory Tower 1.
Dubai Land Department publishes approved service charges by project, use and year in the RERA Service Charge Index (Mollak). The index sits behind a login, and we have not confirmed the Sobha Ivory Tower 1 office rate from it, from an owners’ association statement or from a verified invoice.
| Latest verified annual office service charge | Not independently verified. |
|---|---|
| Published figure (not verified by us) | AED 17.27 per sq ft on Bayut, described as a DLD figure with no breakdown. Bayut does not label it approved or invoiced. |
| Previous years and percentage changes | Not available. |
| Estimated service charge per sq ft | AED 17.27 per sq ft per year. This is an estimate based on the published figure above. Not independently verified. |
| What the charge includes | No breakdown. Confirm with the owners’ association. |
| Cooling or chiller charges | Not verified. Ask whether cooling is billed separately. |
| Separately billed expenses | Not verified. Ask whether parking, cooling consumption, utilities or insurance are billed on top of the service charge. |
| VAT treatment | Not verified for service charges. Ask the seller to show the latest invoice, with VAT shown separately. |
Units in the same building do not necessarily carry the same charge, and the chargeable area can differ from the advertised size. Before you commit, ask for the latest Mollak statement or invoice for the specific unit and check that the building, the year, the office category and the area basis all match.
Building and design
| Completed | 2010 or 2013 depending on source |
|---|---|
| Office floors | 12, plus ground, three basements and podium levels |
| Developer | Sobha |
| Lifts | 3 passenger plus service lifts |
| Amenities | District cooling, lobby waiting area, no gym |
Location
| Address | Business Bay, with Sobha Ivory Tower 2, with access to Sheikh Zayed Road and Al Khail Road |
|---|---|
| Metro and drive times | Business Bay, Burj Khalifa/Dubai Mall and Noor Bank stations each about 6 minutes by car (Bayut) |
| Neighbours | Sobha Ivory Tower 2 |
Why consider it, and what to check
In its favour
- Small fitted offices at modest rents
- Two parking spaces per office
- Pharmacy and shops at the base
Check before you commit
- The verified office service charge and what it includes
- Whether the unit is shell and core, fitted or furnished
- How many parking spaces come with the unit
- Whether the quoted size is gross or net
Frequently asked questions
What is Sobha Ivory Tower 1?
Sobha Ivory Tower 1 is an office tower in Business Bay, Dubai, developed by Sobha, with 12 office floors above a ground-floor retail level.
Where is Sobha Ivory Tower 1 located?
In Business Bay next to Sobha Ivory Tower 2, with access to Sheikh Zayed Road and Al Khail Road.
What is the service charge for an office in Sobha Ivory Tower 1?
The current office service charge for Sobha Ivory Tower 1 is not independently verified. A published figure of AED 17.27 per sq ft exists, but we have not confirmed it as an approved rate or invoice. See the service charges section above and ask for the latest statement or invoice for the exact unit.
How do service charges affect the rental yield of an office in Sobha Ivory Tower 1?
An owner who bears the service charge deducts it from rental income, so net yield is lower than gross yield. If the lease makes the tenant pay it separately, it is not deducted from the owner’s income.
Sources
Facts on this page come from the sources below, checked October 2026. Where sources disagree, the page says so.
Looking at an office in Sobha Ivory Tower 1?
Mazen Alzoubi specializes in commercial offices: rentals, sales and off-plan sales in Downtown Dubai, Business Bay and across Dubai, helping clients secure high-performing assets at the best terms. Ask Mazen Alzoubi, eXp Realty Dubai (RERA BRN 76380), about availability, layouts and viewings.
Call +971 50 438 0503WhatsApp MazenContact usWork out the full cost first with our Dubai office budget calculator or compare other commercial office towers.