Project · Business Bay · Sale prices

Iris Bay Property Prices 2026

The median property sale price in Iris Bay was ⃃ 2,561,000 in the 12 months to 16 Oct 2026, based on 41 registered sales — 7.8% higher than the same 12 months a year earlier. The median price per square foot was ⃃ 1,780 (+19.8% year on year). That is 80.4% above the Dubai-wide median of ⃃ 1,420,000 for the same property mix.

Period: 12 months to 16 Oct 2026Compared with: same 12 months a year earlierSample: 41 salesUpdated: 17 Oct 2026
Median sale price
⃃ 2,561,000
+7.8% YoY
41 sales · the 12 months to 16 Oct 2026
Median price per sq ft
⃃ 1,780
+19.8% YoY
41 sales · the 12 months to 16 Oct 2026
Registered sales
41
−14.6% YoY
worth ⃃ 116.5M · the 12 months to 16 Oct 2026
Gross rental yield
6.87%
median rent ⃃ 176,000/yr · yield details

What are the key price figures for Iris Bay?

Every headline figure with its period and the evidence behind it.

Source: DXBinteract analysis of Dubai Land Department registered sales. Data to 16 Oct 2026.
MetricValuePeriodBasis
Median sale price⃃ 2,561,00012 months to 16 Oct 202641 sales; +7.8% vs the same 12 months a year earlier
Median price per sq ft⃃ 1,78012 months to 16 Oct 202641 sales; +19.8% vs the same 12 months a year earlier
Number of sales4112 months to 16 Oct 2026−14.6% vs the same 12 months a year earlier
Total sales value⃃ 116,504,00112 months to 16 Oct 2026−7.1% vs the same 12 months a year earlier
Lowest / highest sale⃃ 1.44M – ⃃ 6M12 months to 16 Oct 2026single registered sales (not typical prices)
Median annual rent⃃ 176,00012 months to 16 Oct 2026155 units currently rented
Gross rental yield6.87%12 months to 16 Oct 2026before service charges and vacancy; rounded to two decimal places
Capital appreciation0.0%12 months to 16 Oct 2026change in property value over the period
Units on record202current37 sold in the 12 months to 16 Oct 2026 (18.3% of stock)
Units available for sale72currentactive listings matched to units
Developer (primary) median price⃃ 2,408,000all time202 developer sales; ⃃ 1,610 per sq ft
Launch date08/11/2008—project record
Completion / handover date12/10/2015—project record

How do prices differ by property type in Iris Bay?

Medians over the 12 months to 16 Oct 2026; each row links to its own page.

Sales = registered sales in the 12 months to 16 Oct 2026. YoY = median price vs the same 12 months a year earlier.
Property typeMedian priceYoYPer sq ftSalesGross yield
Commercial⃃ 2,561,000+7.8%⃃ 1,780416.87%

How have property prices in Iris Bay changed since 2012?

Median price per square foot and number of sales by calendar year. 2026 is year to date.

2012–2026 (to 16 Oct 2026)
Iris Bay median price per sq ft and sales by year
SalesMedian price per sq ft (⃃)
201271,554
201321,447
2014501,345
201581,164
2016201,000
201722910
20185724
201912707
20208551
202127632
202210806
202327988
2024391,187
2025461,503
2026 YTD331,750
Registered sales and median price per sq ft by year, Iris Bay. Source: DXBinteract. The same figures are in the table below.
2026 runs to 16 Oct 2026; its sales change is not shown because the source compares it with the whole of 2025.
YearSalesSales YoYValueMedian pricePer sq ftPer sq ft YoY
2026 (to 16 Oct 2026)33part year⃃ 97.35M⃃ 2,581,000⃃ 1,750+16.4%
202546+17.9%⃃ 120.49M⃃ 2,445,901⃃ 1,503+26.7%
202439+44.4%⃃ 91.07M⃃ 2,100,000⃃ 1,187+20.1%
202327+170.0%⃃ 46.34M⃃ 1,700,000⃃ 988+22.5%
202210−63.0%⃃ 13.06M⃃ 1,262,000⃃ 806+27.6%
202127+237.5%⃃ 20.72M⃃ 654,005⃃ 632+14.7%
20208−33.3%⃃ 5.49M⃃ 572,000⃃ 551−22.1%
201912+140.0%⃃ 14.68M⃃ 1,108,714⃃ 707−2.4%
20185−77.3%⃃ 5.82M⃃ 992,779⃃ 724−20.4%
201722+10.0%⃃ 33.85M⃃ 1,301,250⃃ 910−9.0%
201620+150.0%⃃ 36.74M⃃ 1,405,931⃃ 1,000−14.0%
20158−84.0%⃃ 15.58M⃃ 1,989,915⃃ 1,164−13.5%
201450+2400.0%⃃ 117.9M⃃ 2,177,633⃃ 1,345−7.1%
20132−71.4%⃃ 4.23M⃃ 2,113,052⃃ 1,447−6.8%
20127—⃃ 20M⃃ 2,591,208⃃ 1,554—

Transactions by year: 2026 · 2025 · 2024 · 2023 · 2022 · 2021 · all years

How does Iris Bay compare with Business Bay and Dubai?

Same property mix, same window (the 12 months to 16 Oct 2026).

MetricIris BayBusiness BayDubai
Median sale price⃃ 2,561,000⃃ 2,193,000⃃ 1,420,000
Median price per sq ft⃃ 1,780⃃ 2,500⃃ 1,740
Price per sq ft YoY+19.8%+5.0%+6.4%
Sales417,949173,241
Gross rental yield6.87%4.74%4.44%

What are the latest registered sales in Iris Bay?

The ten most recently registered sales. Individual sales are evidence, not typical prices.

DatePropertyTypeSizePricePer sq ftMarket
12/10/2026Iris BayCommercial1,217 sq ft⃃ 2,500,000⃃ 2,054Resale · Ready
09/10/2026Iris BayCommercial1,958 sq ft⃃ 3,200,000⃃ 1,634Resale · Ready
07/09/2026Iris BayCommercial1,359 sq ft⃃ 2,201,839⃃ 1,620Resale · Ready
07/09/2026Iris BayCommercial1,465 sq ft⃃ 2,373,769⃃ 1,620Resale · Ready
20/08/2026Iris BayCommercial1,425 sq ft⃃ 2,717,054⃃ 1,907Resale · Ready
20/08/2026Iris BayCommercial1,424 sq ft⃃ 2,716,863⃃ 1,908Resale · Ready
20/08/2026Iris BayCommercial990 sq ft⃃ 1,887,271⃃ 1,906Resale · Ready
18/08/2026Iris BayCommercial1,828 sq ft⃃ 3,198,685⃃ 1,750Resale · Ready
04/08/2026Iris BayCommercial1,288 sq ft⃃ 2,330,000⃃ 1,809Resale · Ready
16/07/2026Iris BayCommercial1,987 sq ft⃃ 3,377,900⃃ 1,700Resale · Ready

Use this chart on your site

Free to embed and share with the source line kept visible. The chart updates itself as new transactions are registered.

How these figures are calculated

Median, not average
Every price is the median of registered sales — half sold for more, half for less — so a handful of trophy deals cannot pull it up.
Period
Headline figures cover the 12 months to 16 Oct 2026; changes compare them with the same 12 months a year earlier. Calendar-year figures are in the history table; the current year is year to date.
Scope
All registered sales of apartments, villas, commercial units, buildings and plots, both primary (developer) and resale, off-plan and ready. Gifts, grants and non-sale registrations are excluded.
Price per sq ft
Median of each sale’s price divided by its registered size in square feet.
Gross rental yield
Annual rent as a percentage of price, before service charges, fees and vacancy, as calculated in the source dataset and rounded to two decimal places.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-prices/iris-bay
Iris Bay Property Prices 2026. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-prices/iris-bay

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

What is the average property price in Iris Bay?
The median property sale price in Iris Bay was ⃃ 2,561,000 in the 12 months to 16 Oct 2026, from 41 registered sales. DXBinteract reports the median (the middle sale) rather than the arithmetic mean, so a few very large deals do not distort it.
What is the price per square foot in Iris Bay?
The median price per square foot of Iris Bay was ⃃ 1,780 in the 12 months to 16 Oct 2026, +19.8% compared with the same 12 months a year earlier.
How many properties were sold in Iris Bay in the last 12 months?
41 sales worth ⃃ 116,504,001 were registered in Iris Bay in the 12 months to 16 Oct 2026 (−14.6% year on year).
Are property prices in Iris Bay going up?
Over the 12 months to 16 Oct 2026 the median price per square foot of Iris Bay changed +19.8%. In calendar year 2025 it was ⃃ 1,503 (+26.7% on 2024), and ⃃ 1,750 so far in 2026.
What is the rental yield in Iris Bay?
The gross rental yield of Iris Bay is 6.87% (the 12 months to 16 Oct 2026), with a median annual rent of ⃃ 176,000. Gross yield is before service charges, fees and vacancy.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-prices/iris-bay