Sobha Ivory Tower 2 is an office tower in Business Bay, Dubai, completed in 2011 and developed by Sobha. This page covers its commercial office units only: sizes, asking ranges, the published service charge and what to check before you rent or buy.
Overview
Offices in Sobha Ivory Tower 2
Bayut lists offices of 1,078 to 1,400 sq ft. Cushman & Wakefield says each office has its own pantry, restroom and storage. The building has a cafeteria, a first-aid medical centre, a pharmacy and convenience stores.
Parking
Three parking levels with at least one space per office.
Services
24-hour concierge and CCTV.
Retail
Cafeteria, pharmacy and convenience stores.
Browse current offices for rent or read our guide to buying an office in Dubai.
Office prices and rents
| Rent, examples | 1,078 sq ft fitted AED 65k; 1,078 sq ft shell and core AED 53.9k; 1,219 sq ft AED 60.1k; the rent period is not stated and the figures are internally inconsistent. Bayut summary, undated |
|---|---|
| Sale, asking | No office figure found. |
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 2 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 2.
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 2 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 14.29 per sq ft on Bayut, described as a DLD figure: services 3.55, maintenance 3.04, improvement 0.35, utilities 4.16, management 0.92, insurance 1.11, master community 0.48, reserve fund 0.68. Bayut does not label it approved or invoiced. |
| Previous years and percentage changes | Not available. |
| Estimated service charge per sq ft | AED 14.29 per sq ft per year. This is an estimate based on the published figure above. Not independently verified. |
| What the charge includes | Bayut’s breakdown includes utilities. Confirm with the owners’ association. |
| Cooling or chiller charges | Bayut shows unit air conditioning as an extra AED 6.72 per sq ft. |
| 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 | 2011 |
|---|---|
| Storeys | 16 including 3 basements, a ground podium and 12 office floors |
| Developer | Sobha |
| Ownership | Freehold |
| Amenities | Cafeteria, medical centre, pharmacy, convenience stores |
Location
| Address | Business Bay, near Al Asayel Street and Al Khaleej Al Tejari 2 Street (Cushman & Wakefield) |
|---|---|
| Metro and drive times | Business Bay Metro about 5 minutes by car (Bayut and Cushman & Wakefield) |
| Neighbours | Sobha Ivory Tower 1 |
Why consider it, and what to check
In its favour
- Small offices with their own pantry and restroom
- At least one parking space per office
- Cafeteria and pharmacy in the building
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 2?
Sobha Ivory Tower 2 is a 16-storey office tower in Business Bay, Dubai, completed in 2011 and developed by Sobha.
Where is Sobha Ivory Tower 2 located?
In Business Bay near Al Asayel Street and Al Khaleej Al Tejari 2 Street.
What is the service charge for an office in Sobha Ivory Tower 2?
The current office service charge for Sobha Ivory Tower 2 is not independently verified. A published figure of AED 14.29 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 2?
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 2?
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.