Iris Bay property prices & sales
Iris Bay at a glance written from registered records
Iris Bay recorded 39 registered sales in the last 12 months, worth AED 110.80M in total. The median price was AED 1,780 per sq ft, up 19.9% on the previous 12 months, and the median sale price was AED 2.56M. 0.0% of these sales were off-plan and 100.0% were ready properties. Across 4,031 rental contracts registered in the same period, the median annual rent was AED 15,000.
Median price per sq ft by year registered sales
| Year | Sales | Median AED/sq ft | Median price |
|---|---|---|---|
| 2026 | 31 | 1,750 | AED 2.58M |
| 2025 | 46 | 1,503 | AED 2.45M |
| 2024 | 39 | 1,187 | AED 2.10M |
| 2023 | 27 | 988 | AED 1.70M |
| 2022 | 10 | 807 | AED 1.32M |
| 2021 | 27 | 650 | AED 654,005 |
| 2020 | 8 | 551 | AED 572,000 |
| 2019 | 12 | 707 | AED 1.11M |
| 2018 | 5 | 724 | AED 992,779 |
| 2017 | 22 | 910 | AED 1.30M |
| 2016 | 21 | 1,000 | AED 1.44M |
Prices by bedroom last 24 months · entry = lower quarter, premium = upper quarter
| Type | Sales | Entry | Typical | Premium | AED/sq ft | Typical size |
|---|---|---|---|---|---|---|
| Office | 84 | AED 1.91M | AED 2.39M | AED 2.95M | 1,611 | 1,549 sq ft |
| Shop | 4 | AED 3.60M | AED 3.97M | AED 4.95M | 1,950 | 2,040 sq ft |
Who's buying last 12 months
Cash vs mortgage is indicative: new mortgage registrations compared with sales in the same period.
Latest registered sales
| Date | Type | Beds | Building | Sq ft | Price | AED/sq ft |
|---|---|---|---|---|---|---|
| 2026-09-08 | Unit | Office | Iris Bay | 1,465 | AED 2,373,769 | 1,620 |
| 2026-09-08 | Unit | Office | Iris Bay | 1,359 | AED 2,201,839 | 1,620 |
| 2026-08-20 | Unit | Office | Iris Bay | 990 | AED 1,887,271 | 1,907 |
| 2026-08-20 | Unit | Office | Iris Bay | 1,424 | AED 2,716,863 | 1,907 |
| 2026-08-20 | Unit | Office | Iris Bay | 1,425 | AED 2,717,054 | 1,907 |
| 2026-08-18 | Unit | Office | Iris Bay | 1,828 | AED 3,198,685 | 1,750 |
The full report lists every registered sale, with filters by bedroom and date. Open it free.
Questions about Iris Bay
What is the average price per sq ft in Iris Bay?
Over the last 12 months the median registered sale price in Iris Bay was AED 1,780 per sq ft (+19.9% year on year).
How many properties sold in Iris Bay in the last 12 months?
39 sales were registered in the last 12 months, 0.0% of them off-plan.
What is the average rent in Iris Bay?
The median annual rent across 4,031 contracts registered in the last 12 months was AED 15,000.
Comparables in Business Bay 12m
Iris Bay ranks #91 of 130 by price per sq ft.
| Project | Sales | AED/sq ft |
|---|---|---|
| Lumena Alta by Omniyat | 147 | 6,131 |
| HQ by ROVE | 329 | 4,674 |
| burj capital | 140 | 3,661 |
| Avarra by Palace | 155 | 3,490 |
| Binghatti Skyrise | 392 | 2,938 |
| One by Binghatti | 208 | 2,938 |
| Peninsula Three | 169 | 2,654 |
| Binghatti Aquarise | 577 | 2,625 |
| Peninsula Four | 212 | 2,515 |
| Tiger Sky Tower | 171 | 2,394 |
| Binghatti Skyhall | 228 | 2,364 |
| Iris Bay | 39 | 1,780 |
| Damac Towers By Paramount | 151 | 1,489 |
Project record
| Developer | Sheth Estate (International) Limited |
| Status | Finished |
| Completion | 100% |
| Handover | 2015-08-11 |
| Units | 202 |
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Data sourced from the Dubai Open Data portal (data.dubai) under the Dubai Open Data Licence; originating entity: Dubai Land Department. GetYaData is an independent service and is not affiliated with, endorsed by or associated with the Dubai Land Department or the Government of Dubai. Figures are indicative — not a valuation.
