Iris Bay, Business Bay

    Sold Prices · DLD Data

    Iris Bay

    Business Bay, Dubai · Business Bay

    AED 1,903

    Avg Price / sqft

    AED 3.0M

    Avg Sale Price

    31

    DLD Sales Recorded

    6%

    Est. Gross Yield

    View listings Explore Business Bay

    Market snapshot

    Iris Bay — the numbers

    Iris Bay is a residential building in Business Bay, Dubai with approximately 202 units. Dubai Land Department records show 31 sales in the building, at an average price of AED 3.0M — around AED 1,903 per square foot.

    Since January 2026, 29 sales completed in Iris Bay, with the average price per square foot moving from AED 2,009 to AED 1,620 (-19.4%). That softening can open negotiating room for buyers.

    Benchmarked against average residential rents in Business Bay, a typical unit in Iris Bay returns an estimated 6% gross rental yield before service charges — a useful starting point for investors comparing towers across Business Bay.

    Figures are from Dubai Land Department transaction records for Iris Bay; individual units vary by floor, view and finish. Gross yield is estimated against average Business Bay residential rents, before service charges.

    Price trend

    Price trend in Iris Bay

    Average sale price per sqft by month since January 2026 (single-sale months excluded)-19.4%

    1,6801,8592,038Jan 26: AED 2,009/sqft · 2 salesJan 26Feb 26: AED 2,098/sqft · 9 salesFeb 26May 26: AED 1,629/sqft · 2 salesMay 26Jun 26: AED 1,719/sqft · 3 salesJun 26Jul 26: AED 1,799/sqft · 6 salesJul 26Aug 26: AED 1,856/sqft · 5 salesAug 26Sep 26: AED 1,620/sqft · 2 salesSep 26

    Transactions

    Recent sold prices

    DateTypeBedsSize (sqft)PriceAED/sqft
    07 Sept 2026Sales-1,359AED 2.2MAED 1,620
    07 Sept 2026Sales-1,465AED 2.4MAED 1,620
    20 Aug 2026Sales-1,425AED 2.7MAED 1,907
    20 Aug 2026Sales-1,425AED 2.7MAED 1,907
    20 Aug 2026Sales-990AED 1.9MAED 1,907
    18 Aug 2026Sales-1,828AED 3.2MAED 1,750
    04 Aug 2026Sales-1,288AED 2.3MAED 1,809
    16 Jul 2026Sales-1,987AED 3.4MAED 1,700
    10 Jul 2026Sales-1,557AED 4.1MAED 2,647
    09 Jul 2026Sales-993AED 1.6MAED 1,579
    09 Jul 2026Sales-910AED 1.4MAED 1,577
    08 Jul 2026Sales-1,335AED 2.3MAED 1,723
    07 Jul 2026Sales-1,465AED 2.3MAED 1,570
    25 Jun 2026Sales-1,968AED 3.2MAED 1,605
    10 Jun 2026Sales-975AED 1.6MAED 1,610
    01 Jun 2026Sales-1,216AED 2.4MAED 1,940
    05 May 2026Sales-3,683AED 6.0MAED 1,629
    05 May 2026Sales-3,683AED 6.0MAED 1,629
    22 Apr 2026Sales-1,920AED 5.0MAED 2,630
    09 Mar 2026Sales-1,217AED 2.1MAED 1,726

    About the area

    Iris Bay is in Business Bay

    Business Bay is a dynamic urban community situated adjacent to Dubai's iconic Downtown, catering primarily to professionals and expatriates seeking an engaging city lifestyle. This strategically located area runs alongside the picturesque Dubai Canal, offering residents breathtaking waterfront views and a vibrant atmosphere that harmoniously blends work and leisure.

    Explore the Business Bay area guide

    Nearby

    Other buildings in Business Bay

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    Peninsula Four

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    Downtown Residences

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    Al Habtoor Tower

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    Avarra By Palace

    Business Bay · 155 sales · AED 4.8M avg

    Lumena Alta By Omniyat

    Business Bay · 147 sales · AED 23M avg

    Peninsula Three

    Business Bay · 139 sales · AED 1.8M avg

    Damac Towers By Paramount

    Business Bay · 104 sales · AED 1.7M avg

    FAQ

    Iris Bay: frequently asked questions

    What is the average price in Iris Bay?

    The average recorded sale price in Iris Bay, Business Bay is AED 3.0M, around AED 1,903 per square foot, based on Dubai Land Department transaction data.

    Are prices in Iris Bay going up or down?

    Average sale prices in Iris Bay have eased -19.4% per square foot since January 2026, across 29 DLD-recorded sales.

    What rental yield can I expect in Iris Bay?

    Based on average Business Bay residential rents against sale prices in the building, a typical unit in Iris Bay yields roughly 6% gross per year, before service charges and fees.

    How many properties have sold in Iris Bay?

    31 sales have been recorded in Iris Bay according to DLD data, across approximately 202 units.

    Considering Iris Bay?

    Get honest, DLD-backed guidance on pricing, yields and availability in Business Bay from Binayah's advisors — no pressure, just the numbers.

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