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 12 Nov 2026, based on 37 registered sales — 2.4% higher than the same 12 months a year earlier. The median price per square foot was 1,910 (+27.5% year on year). That is 81.2% above the Dubai-wide median of 1,413,000 for the same property mix.
- Median sale price
- 2,561,000
- +2.4% YoY
- 37 sales · the 12 months to 12 Nov 2026
- Median price per sq ft
- 1,910
- +27.5% YoY
- 37 sales · the 12 months to 12 Nov 2026
- Registered sales
- 37
- −17.8% YoY
- worth 106.75M · the 12 months to 12 Nov 2026
What are the key price figures for Iris Bay?
Every headline figure with its period and the evidence behind it.
| Metric | Value | Period | Basis |
|---|---|---|---|
| Median sale price | 2,561,000 | 12 months to 12 Nov 2026 | 37 sales; +2.4% vs the same 12 months a year earlier |
| Median price per sq ft | 1,910 | 12 months to 12 Nov 2026 | 37 sales; +27.5% vs the same 12 months a year earlier |
| Number of sales | 37 | 12 months to 12 Nov 2026 | −17.8% vs the same 12 months a year earlier |
| Total sales value | 106,754,001 | 12 months to 12 Nov 2026 | −13.5% vs the same 12 months a year earlier |
| Lowest / highest sale | 1.44M – 6M | 12 months to 12 Nov 2026 | single registered sales (not typical prices) |
| Median annual rent | 176,000 | 12 months to 12 Nov 2026 | 153 units currently rented |
| Gross rental yield | 6.87% | 12 months to 12 Nov 2026 | before service charges and vacancy; rounded to two decimal places |
| Capital appreciation | 0.0% | 12 months to 12 Nov 2026 | change in property value over the period |
| Units on record | 202 | current | 34 sold in the 12 months to 12 Nov 2026 (16.8% of stock) |
| Units available for sale | 95 | current | active listings matched to units |
| Developer (primary) median price | 2,408,000 | all time | 202 developer sales; 1,610 per sq ft |
| Launch date | 08/11/2008 | — | project record |
| Completion / handover date | 12/10/2015 | — | project record |
How do prices differ by property type in Iris Bay?
Medians over the 12 months to 12 Nov 2026; each row links to its own page.
| Property type | Median price | YoY | Per sq ft | Sales | Gross yield |
|---|---|---|---|---|---|
| Commercial | 2,561,000 | +2.4% | 1,910 | 37 | 6.87% |
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.
| Sales | Median price per sq ft () | |
|---|---|---|
| 2012 | 7 | 1,554 |
| 2013 | 2 | 1,447 |
| 2014 | 50 | 1,345 |
| 2015 | 8 | 1,164 |
| 2016 | 20 | 1,000 |
| 2017 | 22 | 910 |
| 2018 | 5 | 724 |
| 2019 | 12 | 707 |
| 2020 | 8 | 551 |
| 2021 | 27 | 632 |
| 2022 | 10 | 806 |
| 2023 | 27 | 988 |
| 2024 | 39 | 1,187 |
| 2025 | 46 | 1,503 |
| 2026 YTD | 33 | 1,750 |
| Year | Sales | Sales YoY | Value | Median price | Per sq ft | Per sq ft YoY |
|---|---|---|---|---|---|---|
| 2026 (to 12 Nov 2026) | 33 | part year | 97.35M | 2,581,000 | 1,750 | +16.4% |
| 2025 | 46 | +17.9% | 120.49M | 2,445,901 | 1,503 | +26.7% |
| 2024 | 39 | +44.4% | 91.07M | 2,100,000 | 1,187 | +20.1% |
| 2023 | 27 | +170.0% | 46.34M | 1,700,000 | 988 | +22.5% |
| 2022 | 10 | −63.0% | 13.06M | 1,262,000 | 806 | +27.6% |
| 2021 | 27 | +237.5% | 20.72M | 654,005 | 632 | +14.7% |
| 2020 | 8 | −33.3% | 5.49M | 572,000 | 551 | −22.1% |
| 2019 | 12 | +140.0% | 14.68M | 1,108,714 | 707 | −2.4% |
| 2018 | 5 | −77.3% | 5.82M | 992,779 | 724 | −20.4% |
| 2017 | 22 | +10.0% | 33.85M | 1,301,250 | 910 | −9.0% |
| 2016 | 20 | +150.0% | 36.74M | 1,405,931 | 1,000 | −14.0% |
| 2015 | 8 | −84.0% | 15.58M | 1,989,915 | 1,164 | −13.5% |
| 2014 | 50 | +2400.0% | 117.9M | 2,177,633 | 1,345 | −7.1% |
| 2013 | 2 | −71.4% | 4.23M | 2,113,052 | 1,447 | −6.8% |
| 2012 | 7 | — | 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 12 Nov 2026).
| Metric | Iris Bay | Business Bay | Dubai |
|---|---|---|---|
| Median sale price | 2,561,000 | 2,187,000 | 1,413,000 |
| Median price per sq ft | 1,910 | 2,490 | 1,740 |
| Price per sq ft YoY | +27.5% | +3.9% | +5.4% |
| Sales | 37 | 7,411 | 166,950 |
| Gross rental yield | 6.87% | 4.62% | 4.53% |
What are the latest registered sales in Iris Bay?
The ten most recently registered sales. Individual sales are evidence, not typical prices.
| Date | Property | Type | Size | Price | Per sq ft | Market |
|---|---|---|---|---|---|---|
| 12/10/2026 | Iris Bay | Commercial | 1,217 sq ft | 2,500,000 | 2,054 | Resale · Ready |
| 09/10/2026 | Iris Bay | Commercial | 1,958 sq ft | 3,200,000 | 1,634 | Resale · Ready |
| 07/09/2026 | Iris Bay | Commercial | 1,359 sq ft | 2,201,839 | 1,620 | Resale · Ready |
| 07/09/2026 | Iris Bay | Commercial | 1,465 sq ft | 2,373,769 | 1,620 | Resale · Ready |
| 20/08/2026 | Iris Bay | Commercial | 1,425 sq ft | 2,717,054 | 1,907 | Resale · Ready |
| 20/08/2026 | Iris Bay | Commercial | 1,424 sq ft | 2,716,863 | 1,908 | Resale · Ready |
| 20/08/2026 | Iris Bay | Commercial | 990 sq ft | 1,887,271 | 1,906 | Resale · Ready |
| 18/08/2026 | Iris Bay | Commercial | 1,828 sq ft | 3,198,685 | 1,750 | Resale · Ready |
| 04/08/2026 | Iris Bay | Commercial | 1,288 sq ft | 2,330,000 | 1,809 | Resale · Ready |
| 16/07/2026 | Iris Bay | Commercial | 1,987 sq ft | 3,377,900 | 1,700 | Resale · 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 12 Nov 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 12 Nov 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 12 Nov 2026, from 37 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 1,910 in the 12 months to 12 Nov 2026, +27.5% compared with the same 12 months a year earlier.
How many properties were sold in Iris Bay in the last 12 months?
37 sales worth 106,754,001 were registered in Iris Bay in the 12 months to 12 Nov 2026 (−17.8% year on year).
Are property prices in Iris Bay going up?
Over the 12 months to 12 Nov 2026 the median price per square foot of Iris Bay changed +27.5%. 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 12 Nov 2026), with a median annual rent of 176,000. Gross yield is before service charges, fees and vacancy.
Last updated · data to 12 Nov 2026 · https://dxbinteract.com/dubai-property-prices/iris-bay