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Ask ClaudeIris Bay is a completed development by SHETH ESTATE (INTERNATIONAL) LIMITED in Business Bay, comprising 202 registered units. 429 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,819 per sqft. At AED 1,819 per sqft, Iris Bay prices 6% below the Business Bay median of AED 1,926 per sqft on registered sales.
PIX© Unit History
Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.
Office on Floor 26, Iris Bay
- Size
- Record
- Jul 2012 to Sep 2024
- Owners
- 6
- Tenants
- 2
- Price change
- Yield on cost
| Party | Date | Price / RentAED | PSF | vs prior | Held | Note |
|---|---|---|---|---|---|---|
| 6Owner 6 | 5 Sep 2024 | 2.2 yrs | Current owner Sold with tenant in place | |||
| 5Owner 5 | 26 Aug 2024 | 10 d | Sold with tenant in place | |||
| 4Owner 4 | 21 Mar 2023 | 17 mo | Sold with tenant in place | |||
| 2Tenant 2 | 1 Jan 2023 | 3.7 yrs | Owner 3 | |||
| 3Owner 3 | 21 Sep 2022 | 6 mo | ||||
| 1Tenant 1 | 1 Mar 2017 | 15 mo | Ended early Owner 2 | |||
| 2Owner 2 | 15 Jun 2015 | 7.3 yrs | ||||
| 1Owner 1 | 19 Jul 2012 | 2.9 yrs |
Your nightly rate and occupancy, against this unit’s registered record.
Units
Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.
| Type | Units | PIX© Price | PIX© PSF | PSF YoY | Trend | PIX© Rent /yr | Yield |
|---|---|---|---|---|---|---|---|
PIX© Core Project-Wide 910 - 3,683 sqft | 202 | 2.79M | 1,819 | ↓2.3% | 23K | 0.8% | |
Office 910 - 3,683 sqft | 198 | ||||||
Shop 1,764 - 3,620 sqft | 4 | - |
| Date | Unit No. | Beds | Position | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|---|---|
| 12 Oct 2026 | — | Iris Bay · Floor 11 | 1,217 | 2,500,000 | 2,054 | +19.0% | Standard | Standard Sale | |
| 9 Oct 2026 | — | — | Iris Bay · Floor 32 | 1,958 | 3,200,000 | 1,634 | +9.4% | Standard | Standard Sale |
| 7 Sep 2026 | — | — | Iris Bay · Floor 27 | 1,465 | 2,373,769 | 1,620 | - | Entry Level | Standard Sale |
| Start Date | Unit No. | Beds | Position | Size | Rent / Yr | Rent PSF | vs Prior Rent | Tier | Type |
|---|---|---|---|---|---|---|---|---|---|
| 3 Dec 2026 | — | — | Iris Bay · Floor 17 | 215 | 21,000 | 98 | - | Premium | CONTRACT |
| 15 Nov 2026 | — | — | Iris Bay · Floor 7 | 280 | 60,000 | - | - | Premium | CONTRACT |
| 11 Nov 2026 | — | — | Iris Bay · Floor 21 | 108 | 47,000 | 437 | - | Premium | CONTRACT |
Comparables
How this project prices against its peers, ranked by PIX© price per square foot.
Comparable projects in Business Bay
The closest-priced registered projects in Business Bay.
- Business TowerAED 1,830/sqft
- Empire Heights 1AED 1,805/sqft
- The PrismAED 1,838/sqft
- The ExchangeAED 1,842/sqft
- Empire HeightsAED 1,791/sqft
- Sobha SapphireAED 1,861/sqft
Common questions about Iris Bay
Answered from Dubai Land Department registered transactions.
How much does a property in Iris Bay cost?
Property in Iris Bay sells at a current PIX© price of AED 1,819 per sqft, or about AED 2,791,065 for a typical unit, based on 429 sales registered with the Dubai Land Department.
Is Iris Bay completed?
Yes. Iris Bay is recorded as completed in the Dubai Land Department project register.
Who is the developer of Iris Bay?
Iris Bay is developed by SHETH ESTATE (INTERNATIONAL) LIMITED, the developer recorded against the project in the Dubai Land Department register.
What is the rental yield in Iris Bay?
Iris Bay yields 0.8% gross, calculated from current PIX© rent against current PIX© sale price, across 9,304 registered Ejari contracts.
How many units are in Iris Bay?
Iris Bay holds 202 registered units, per the Dubai Land Department unit register.
Have prices in Iris Bay gone up or down?
Price per sqft has fallen -2.3% over the last 12 months, to AED 1,819, across 429 registered sales.