Project · Transactions · 2024

Iris Bay Property Transactions 2024

39 property sales worth ⃃ 91.07M were registered in Iris Bay in 2024, 44.4% higher than 2023 by number of sales. The median sale price was ⃃ 2,100,000 and the median price per square foot ⃃ 1,187 (+20.1% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 39 salesUpdated: 17 Oct 2026
Property sales
39
+44.4% vs 2023
1 Jan – 31 Dec 2024
Total value
⃃ 91.07M
+96.5% vs 2023
1 Jan – 31 Dec 2024
Median sale price
⃃ 2,100,000
+23.5% vs 2023
39 sales
Median price per sq ft
⃃ 1,187
+20.1% vs 2023
39 sales

What types of property sold in Iris Bay in 2024?

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Commercial39100%⃃ 91.07M⃃ 2,100,000⃃ 1,187

How were 2024 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Resale (secondary)39100%⃃ 91.07M⃃ 2,100,000⃃ 1,187
Ready39100%⃃ 91.07M⃃ 2,100,000⃃ 1,187

How many rental contracts were registered in Iris Bay in 2024?

149 rental contracts (new and renewed) were registered in Iris Bay in 2024, at a median annual rent of ⃃ 145,252 (+38.3% on 2023). Rental yields in Iris Bay

What were the most expensive property sales in Iris Bay in 2024?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
10/05/2024Iris BayCommercial1,710 sq ft⃃ 5,908,500Resale · Ready
26/12/2024Iris BayCommercial2,458 sq ft⃃ 4,425,000Resale · Ready
26/12/2024Iris BayCommercial2,458 sq ft⃃ 4,425,000Resale · Ready
24/09/2024Iris BayCommercial2,334 sq ft⃃ 4,400,000Resale · Ready
20/05/2024Iris BayCommercial2,710 sq ft⃃ 3,841,921Resale · Ready
29/05/2024Iris BayCommercial2,710 sq ft⃃ 3,658,972Resale · Ready
23/12/2024Iris BayCommercial1,800 sq ft⃃ 3,452,144Resale · Ready
28/05/2024Iris BayCommercial2,474 sq ft⃃ 3,200,000Resale · Ready
08/10/2024Iris BayCommercial2,135 sq ft⃃ 3,145,156Resale · Ready
29/05/2024Iris BayCommercial2,105 sq ft⃃ 2,841,453Resale · Ready

What were the last registered sales of 2024?

DatePropertyTypeSizePriceMarket
26/12/2024Iris BayCommercial2,458 sq ft⃃ 4,425,000Resale · Ready
26/12/2024Iris BayCommercial2,458 sq ft⃃ 4,425,000Resale · Ready
23/12/2024Iris BayCommercial1,800 sq ft⃃ 3,452,144Resale · Ready
30/10/2024Iris BayCommercial1,314 sq ft⃃ 1,243,666Resale · Ready
30/10/2024Iris BayCommercial1,837 sq ft⃃ 2,131,782Resale · Ready
30/10/2024Iris BayCommercial1,216 sq ft⃃ 1,411,855Resale · Ready
30/10/2024Iris BayCommercial1,721 sq ft⃃ 1,997,245Resale · Ready
30/10/2024Iris BayCommercial1,721 sq ft⃃ 1,997,215Resale · Ready
30/10/2024Iris BayCommercial1,215 sq ft⃃ 1,410,857Resale · Ready
30/10/2024Iris BayCommercial1,314 sq ft⃃ 1,525,680Resale · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2024 with the whole of 2023.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

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-transactions/iris-bay/2024
Iris Bay Property Transactions 2024. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/iris-bay/2024

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

Frequently asked questions

How many properties were sold in Iris Bay in 2024?
39 property sales worth ⃃ 91,074,863 were registered in Iris Bay in 2024. That is 44.4% higher than 2023.
What was the median property price in Iris Bay in 2024?
The median sale price was ⃃ 2,100,000 and the median price per square foot ⃃ 1,187 (1 Jan – 31 Dec 2024).

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/iris-bay/2024