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Sobha Ivory II, Business Bay

Sobha Ivory II, Business Bay

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Business Bay, Dubai

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Strengths

Prime Location

High-Quality Amenities

Modern Design

Weakens

High Maintenance Costs

Traffic Congestion

Limited Parking Spaces

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Buildign Overview

Summary

  • Sobha Ivory II is situated in the vibrant Business Bay area, offering residents easy access to both iconic landmarks and essential services.
  • The building is strategically located near the Dubai Canal, providing breathtaking waterfront views.
  • Business Bay is home to several high-rise towers, luxurious hotels, and is known for its active lifestyle, catering to both professionals and families.

Properties Overview

  • Sobha Ivory II features a range of high-end residential apartments, appealing to investors and renters alike.
  • The property offers options for both sale and rental, with popular units typically including 1- and 2-bedroom apartments.
  • Current rental prices range from AED 80,000 to AED 120,000, while purchasing prices generally fall between AED 1.2 million to AED 2 million.

Market Trends

  • The real estate market in Business Bay has witnessed steady growth, with rental rates increasing approximately 5-7% year-on-year.
  • Sales trends indicate a consistent demand for luxury properties, with many buyers attracted to Sobha Ivory II due to its prime location and amenities.
  • Investors can expect a potential ROI of around 7-8%, making this building a lucrative choice for property investment.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents benefit from proximity to various supermarkets, boutique shops, and high-end restaurants.
  • Several reputable schools and educational institutions, as well as healthcare facilities, are located within a short distance, ensuring family-friendly living.

Transportation and Accessibility

  • Sobha Ivory II enjoys excellent connectivity, with easy access to the metro station and major roadways.
  • Ample parking is available, facilitating convenient travel in and out of the area.

Lifestyle Amenities

  • The building features state-of-the-art fitness centers, swimming pools, and leisure areas.
  • Residents can enjoy a variety of dining options, cafes, and entertainment facilities, promoting a vibrant lifestyle.

Builing Facilities

  • Key facilities include high-speed elevators, advanced security systems, and central air conditioning.
  • Dedicated maintenance services ensure a hassle-free living experience for all residents.

Special Services

  • The building offers concierge services to assist residents with various needs, enhancing their living experience.
  • Business centers and meeting rooms cater to professional requirements, making it ideal for remote workers.

Planning Your Move or Investment

Floor Plans and Property Types

  • A variety of floor plans are available, including spacious 1- and 2-bedroom units designed to meet diverse lifestyle needs.
  • Investors can choose from penthouses and luxury apartments, providing options for both personal and rental use.

Things to Consider

  • Potential residents and investors should assess their budget, preferred amenities, and the overall community vibe before making a commitment.
  • It’s advisable to review the property’s maintenance fees, service charges, and local market conditions.

Useful FAQs and Support

Events and Building Life

Building Events

  • Regular community events, such as fitness classes, social gatherings, and seasonal celebrations, foster a sense of belonging among residents.

Community Identity

  • Sobha Ivory II stands out for its sophisticated architectural design and commitment to luxury, making it a notable fixture in Business Bay.
  • The community encourages cultural exchanges and recreational activities, contributing to its unique character.

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Detailed Buiding Insights

1. Family Friendliness

The community offers some family-oriented amenities such as playgrounds and green spaces. However, due to its urban setting and high-rise buildings, it may not fully cater to families looking for extensive outdoor activities.

Moderately Welcoming

2. Living Options

Sobha Ivory II features a range of contemporary apartments designed with luxury in mind, attracting a young, urban demographic while offering diversity in layout and size.

Stylishly Modern

3. Safety And Security

The community is equipped with 24/7 security personnel, CCTV surveillance, and controlled access, ensuring residents feel safe at all times.

Highly Secure

4. Transportation

Located in Business Bay, Sobha Ivory II benefits from proximity to major roads and public transport options such as the Metro, making commuting easy and efficient.

Conveniently Accessible

5. Amenities And Facilities

The community features a wide range of amenities including a swimming pool, gym, landscaped gardens, and recreational areas, making it a desirable place for residents.

Richly Equipped

6. Cost Of Living

While living in Sobha Ivory II offers luxury and comfort, the cost of living is higher compared to other areas due to its prime location and high-quality amenities.

Moderately High

7. Things To Do

Residents can enjoy a variety of activities nearby, including dining, shopping, and entertainment options within Business Bay and nearby Downtown Dubai.

Vibrantly Diverse

8. Noise Levels

Despite being in a bustling area, the design of Sobha Ivory II minimizes external noise, creating a peaceful living environment for residents.

Generally Quiet

9. Pet Friendliness

While pets are allowed, the community has certain restrictions and limited green spaces for pet activities, which may not fully accommodate pet owners.

Welcoming but Limited

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Key Information

Developer:  Sobha Developers

Building Type: Commercial

Building Age: 13 years(Date of completion: 2011)

Unit Types :  Fully fitted and shell and core offices

Floors: 16

Community Insights
Mostly apartments | Luxury | Well connected
Lowest: 135K - 260K AED/year

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