SOBHA IVORY - II
ReadyDeveloperSOBHA PROPERTIES LIMITED
CommunityBusiness Bay
AreaBusiness Bay
Started
18 years 5 months ago25-07-2007
Handover
15 years ago30-12-2010
Status
CompleteFinished
Project Description
Freehold commercial tower development in Business Bay. The building is designed to be constructed as 3B+G+3P+12 formed in a concrete structure with its internal and external finishes. The office units will be handed over as ?core and shell? to be individually fitted by their respective owners.
Performance Alpha
Momentum: Last 90Dvs Last 12M Baseline
Falling-9%
DeclineCurrent:AED 1,368/sqft
Last 12M:AED 1,498/sqft
Momentum: Last 12Mvs Prior Year
Rising+42%
GrowthLast 12M:AED 1,498/sqft
Prior Year:AED 1,057/sqft
Community Compare: Last 90DBusiness Bay
Discount-45%
Below AvgProject:AED 1,368/sqft
Community:AED 2,497/sqft
Liquidity: Last 12MExit Speed
Low3%Turnover
3Sold (Last 12M)
Supply & Demand Matrix
SOBHA IVORY - II averaged 3% liquidity over the last 12 months, which is considered low. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.
Type
Absorption (L12M)
Velocity
Shop
8 units
0 sold8 left
0%
Velocity
Office
84 units
3 sold81 left
4%
Velocity
Layouts & Units (92)
| Units | Type | Beds | Size | Avg Price | Last Price | Last Sold | Sales |
|---|---|---|---|---|---|---|---|
Units 12 units | Type Office | Beds — | Size 1,389 sqft | Avg Price AED 1.4M | Last Price AED 1.9M | Last Sold about 1 month ago | Sales 18 |
Units 12 units | Type Office | Beds — | Size 1,203 sqft | Avg Price AED 1.1M | Last Price AED 2.0M | Last Sold about 1 month ago | Sales 19 |
Units 12 units | Type Office | Beds — | Size 1,078 sqft | Avg Price AED 1.1M | Last Price AED 1.6M | Last Sold 9 months ago | Sales 23 |
Units 12 units | Type Office | Beds — | Size 1,219 sqft | Avg Price AED 1.2M | Last Price AED 1.5M | Last Sold over 1 year ago | Sales 22 |
Units 12 units | Type Office | Beds — | Size 1,350 sqft | Avg Price AED 1.4M | Last Price AED 1.3M | Last Sold almost 2 years ago | Sales 20 |
Units 12 units | Type Office | Beds — | Size 1,490 sqft | Avg Price AED 1.6M | Last Price AED 1.5M | Last Sold over 2 years ago | Sales 22 |
Units 12 units | Type Office | Beds — | Size 1,178 sqft | Avg Price AED 1.2M | Last Price AED 795K | Last Sold over 3 years ago | Sales 20 |
Units S6 | Type Shop | Beds — | Size 1,501 sqft | Avg Price AED 3.6M | Last Price AED 3.6M | Last Sold almost 12 years ago | Sales 1 |
Units S7 | Type Shop | Beds — | Size 1,270 sqft | Avg Price AED 1.8M | Last Price AED 1.8M | Last Sold about 12 years ago | Sales 1 |
Units S4 | Type Shop | Beds — | Size 823 sqft | Avg Price AED 1.9M | Last Price AED 1.9M | Last Sold over 12 years ago | Sales 1 |
Units S5 | Type Shop | Beds — | Size 2,016 sqft | Avg Price AED 4.5M | Last Price AED 4.5M | Last Sold over 12 years ago | Sales 1 |
Units S3 | Type Shop | Beds — | Size 840 sqft | Avg Price AED 1.9M | Last Price AED 1.9M | Last Sold about 13 years ago | Sales 1 |
Units S2 | Type Shop | Beds — | Size 812 sqft | Avg Price AED 1.8M | Last Price AED 1.8M | Last Sold over 13 years ago | Sales 1 |
Units S1 | Type Shop | Beds — | Size 832 sqft | Avg Price AED 1.9M | Last Price AED 1.9M | Last Sold over 13 years ago | Sales 1 |
Units S8 | Type Shop | Beds — | Size 913 sqft | Avg Price AED 2.2M | Last Price AED 2.2M | Last Sold about 14 years ago | Sales 1 |
15 unique layouts covering 92 units