Dubai project data
IRIS BAY: sale prices and rents
ايريس باي
Registered sales and rent contracts for the project IRIS BAY in Business Bay, from Dubai Land Department open data.
IRIS BAY (Business Bay): 40 registered sales in the 12 months to September 2026, median AED 1,780 per sq ft. Source: Dubai Land Department open data via data.dubai, as of 23 Oct 2026, calculated by Zolia.
Key figures, last 12 months
Data as of 23 Oct 2026 · Period Oct 2025 – Sep 2026
- Median sale price
- AED 2.6m
- Off-plan share of sales
- under 3
- Registered rent contracts
- under 3
- Median annual rent
- under 3 rent contracts
- Gross rental yield
- under 3 sales
Indicative figures from registered transactions and rent contracts, not a valuation of any unit.
Registered mortgage transactions only, without interest rates and without lenders.
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Off-plan and ready sales in IRIS BAY
| Status | Sales | Median per sq ft | Middle range per sq ft |
|---|---|---|---|
| Off-plan | under 3 | under 3 | under 3 |
| Ready | 40 | AED 1,780 per sq ft | 1,629 – 2,048 |
Off-plan sales are sales of properties before completion, as registered in Dubai Land Department transactions; ready sales are sales of completed properties.
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Rents and rental yield in IRIS BAY
- Registered rent contracts
- under 3
- Median annual rent
- under 3 rent contracts
- Median annual rent per sq ft
- under 3 rent contracts
- Gross rental yield
- under 3 sales
The permitted rent increase is set by the Smart Rental Index of the Dubai Land Department; this page does not compute an index value. About the Smart Rental Index
Too few ready apartment sales for a gross rental yield: fewer than 3 in the period, at least 30 needed. Land, whole buildings, villas and commercial units are not counted.
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Price trend in IRIS BAY
| Month | Sales | Median per sq ft | Rent contracts |
|---|---|---|---|
| Oct 2024 | 8 | AED 1,161 per sq ft | under 3 |
| Dec 2024 | 3 | AED 1,800 per sq ft | under 3 |
| Jan 2025 | 4 | AED 1,490 per sq ft | under 3 |
| Jul 2025 | 23 | AED 1,487 per sq ft | under 3 |
| Aug 2025 | 4 | AED 715 per sq ft | under 3 |
| Nov 2025 | 8 | AED 1,780 per sq ft | under 3 |
| Feb 2026 | 9 | AED 2,000 per sq ft | under 3 |
| Jun 2026 | 3 | AED 1,610 per sq ft | under 3 |
| Jul 2026 | 6 | AED 1,579 per sq ft | under 3 |
| Aug 2026 | 5 | AED 1,907 per sq ft | under 3 |
| Year | Sales | Median per sq ft |
|---|---|---|
| 2009 | 122 | AED 1,406 per sq ft |
| 2010 | 6 | AED 1,272 per sq ft |
| 2012 | 7 | AED 1,350 per sq ft |
| 2014 | 50 | AED 1,153 per sq ft |
| 2015 | 7 | AED 920 per sq ft |
| 2016 | 21 | AED 1,000 per sq ft |
| 2017 | 22 | AED 900 per sq ft |
| 2018 | 5 | AED 724 per sq ft |
| 2019 | 12 | AED 692 per sq ft |
| 2020 | 8 | AED 524 per sq ft |
| 2021 | 27 | AED 650 per sq ft |
| 2022 | 10 | AED 803 per sq ft |
| 2023 | 27 | AED 988 per sq ft |
| 2024 | 39 | AED 1,187 per sq ft |
| 2025 | 46 | AED 1,495 per sq ft |
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Location
IRIS BAY is a project in the DLD area Business Bay.
Names as in the registered transactions and rent contracts; company names are not shown.
Buildings in IRIS BAY
- Iris Bay 40 registered transactions and rent contracts in 12 months.
More projects in Business Bay
- VERA TOWER 382 registered transactions and rent contracts in 12 months.
- Downtown Residences 364 registered transactions and rent contracts in 12 months.
- MAG 318 289 registered transactions and rent contracts in 12 months.
- WINDSOR MANOR 265 registered transactions and rent contracts in 12 months.
- MARQUISE SQUARE TOWER 247 registered transactions and rent contracts in 12 months.
- THE COSMOPOLITAN 219 registered transactions and rent contracts in 12 months.
Questions about IRIS BAY
- How many sales were registered in IRIS BAY?
- 40 sales were registered in IRIS BAY in Oct 2025 – Sep 2026.
- What is the median price per sq ft in IRIS BAY?
- The median price of registered sales in IRIS BAY was AED 1,780 per sq ft in Oct 2025 – Sep 2026.
- Which DLD area is IRIS BAY in?
- IRIS BAY is registered in the Dubai Land Department area Business Bay.
Method and source
All Dubai projects with figuresAll Dubai areasHow these figures are calculated
Figures based on fewer than 3 records are not shown.
Source: Dubai Land Department, open data via data.dubai (as of 23 Oct 2026). Prepared by Zolia; not an official product of the Dubai Land Department.
Open data portal: data.dubai · Licence: Dubai Open Data Licence
- Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae