Dubai Market Data

Registered sales and Ejari contracts, organized for clear comparisons and better property decisions.

Public records · Dubai Land Department

Compare communitiesLatest reports
All projects

IRIS BAY

Completed

Developed by SHETH ESTATE (INTERNATIONAL) LIMITED. Located in Business Bay.

Construction progress100%Expected 11 Aug 2015
Units2021 buildings · 0 villas
Registered sales44139 in the last 12 months
Median sale priceAED 2.11MMedian of registered salesAED 1,293/sqft

Registry record

Project number
127
Name on the register
ايريس باي
Developer
SHETH ESTATE (INTERNATIONAL) LIMITED
Master developer
الخليج التجاري (ش.ذ.م.م)
Escrow agent
NOOR BANK P.J.S.C
Zoning authority
Dubai Development Authority (DDA)
Master project
Business Bay
Start date
18 Nov 2007
Expected completion
1 Mar 2015
Actual completion
11 Aug 2015
Cancelled
Not recorded
Plots
0
Progress
100%

Freehold commercial tower development in Dubai Business Bay. The building is designed and constructed as 3B+G+4P+33. The tower is being constructed out of concrete structure and block with internal and external finishes. The office units will be handed over as ?core and shell? to be individually fitted by their respective owners.

Sales evidence

Median size
1,657 sqft
Median price per sqft
AED 1,293/sqft
Total value transacted
AED 1.05B
Off-plan vs ready
195 off-plan · 246 ready
First sale
18 Jun 2008
Latest sale
8 Sept 2026

Service charges (2023)

The owner-association charge approved by the Land Department, broken down by cost category. Totalling AED 2,984 per square foot per year — the recurring cost of ownership that an asking price never shows.

CategoryUsageManaged byAED/sqft
ServicesParkingMANSIONS OWNERS ASSOCIATION MANAGEMENT1.00
MaintenanceParkingMANSIONS OWNERS ASSOCIATION MANAGEMENT2.00
ImprovementParkingMANSIONS OWNERS ASSOCIATION MANAGEMENT1.00
Utilities ServicesParkingMANSIONS OWNERS ASSOCIATION MANAGEMENT4.00
Management ServicesParkingMANSIONS OWNERS ASSOCIATION MANAGEMENT1.00
InsuranceParkingMANSIONS OWNERS ASSOCIATION MANAGEMENT1.00
Master CommunityParkingMANSIONS OWNERS ASSOCIATION MANAGEMENT0.00
ServicesOfficesMANSIONS OWNERS ASSOCIATION MANAGEMENT1.00
Reserved FundOfficesMANSIONS OWNERS ASSOCIATION MANAGEMENT2.00
MaintenanceOfficesMANSIONS OWNERS ASSOCIATION MANAGEMENT2.00
ImprovementOfficesMANSIONS OWNERS ASSOCIATION MANAGEMENT1.00
ParkingOfficesMANSIONS OWNERS ASSOCIATION MANAGEMENT1470.00
Utilities ServicesOfficesMANSIONS OWNERS ASSOCIATION MANAGEMENT6.00
Management ServicesOfficesMANSIONS OWNERS ASSOCIATION MANAGEMENT1.00
InsuranceOfficesMANSIONS OWNERS ASSOCIATION MANAGEMENT1.00
Master CommunityOfficesMANSIONS OWNERS ASSOCIATION MANAGEMENT0.00
ServicesRetailMANSIONS OWNERS ASSOCIATION MANAGEMENT9.00
Reserved FundRetailMANSIONS OWNERS ASSOCIATION MANAGEMENT2.00
MaintenanceRetailMANSIONS OWNERS ASSOCIATION MANAGEMENT2.00
ImprovementRetailMANSIONS OWNERS ASSOCIATION MANAGEMENT1.00
ParkingRetailMANSIONS OWNERS ASSOCIATION MANAGEMENT1470.00
Utilities ServicesRetailMANSIONS OWNERS ASSOCIATION MANAGEMENT4.00
Management ServicesRetailMANSIONS OWNERS ASSOCIATION MANAGEMENT1.00
InsuranceRetailMANSIONS OWNERS ASSOCIATION MANAGEMENT1.00
Master CommunityRetailMANSIONS OWNERS ASSOCIATION MANAGEMENT0.00

Registered sales in this project

All sales
Registered property transactions from the Dubai Land Department
DateCommunityProject / buildingTypeBedsSizePrice/sqftPrice
12 Oct 2026Business BayIRIS BAYBusiness BayOfficeCommercial · Existing PropertiesOffice1,217 sqftAED 2,054/sqftAED 2,500,000
9 Oct 2026Business BayIRIS BAYBusiness BayOfficeCommercial · Existing PropertiesOffice1,958 sqftAED 1,634/sqftAED 3,200,000
8 Sept 2026Business BayIRIS BAYBusiness BayOfficeCommercial · Existing PropertiesOffice1,359 sqftAED 1,620/sqftAED 2,201,839
8 Sept 2026Business BayIRIS BAYBusiness BayOfficeCommercial · Existing PropertiesOffice1,465 sqftAED 1,620/sqftAED 2,373,769
20 Aug 2026Business BayIRIS BAYBusiness BayOfficeCommercial · Existing PropertiesOffice1,425 sqftAED 1,907/sqftAED 2,717,054
20 Aug 2026Business BayIRIS BAYBusiness BayOfficeCommercial · Existing PropertiesOffice1,424 sqftAED 1,907/sqftAED 2,716,863
20 Aug 2026Business BayIRIS BAYBusiness BayOfficeCommercial · Existing PropertiesOffice990 sqftAED 1,907/sqftAED 1,887,271
18 Aug 2026Business BayIRIS BAYBusiness BayOfficeCommercial · Existing PropertiesOffice1,828 sqftAED 1,750/sqftAED 3,198,685
4 Aug 2026Business BayIRIS BAYBusiness BayOfficeCommercial · Existing PropertiesOffice1,288 sqftAED 1,809/sqftAED 2,330,000
16 Jul 2026Business BayIRIS BAYBusiness BayOfficeCommercial · Existing PropertiesOffice1,987 sqftAED 1,700/sqftAED 3,377,900
10 Jul 2026Business BayIRIS BAYBusiness BayOfficeCommercial · Existing PropertiesOffice1,557 sqftAED 2,647/sqftAED 4,120,000
10 Jul 2026Business BayIRIS BAYBusiness BayOfficeCommercial · Existing PropertiesOffice993 sqftAED 1,579/sqftAED 1,567,439
10 Jul 2026Business BayIRIS BAYBusiness BayOfficeCommercial · Existing PropertiesOffice910 sqftAED 1,577/sqftAED 1,434,561
8 Jul 2026Business BayIRIS BAYBusiness BayOfficeCommercial · Existing PropertiesOffice1,335 sqftAED 1,723/sqftAED 2,300,000
7 Jul 2026Business BayIRIS BAYBusiness BayOfficeCommercial · Existing PropertiesOffice1,465 sqftAED 1,570/sqftAED 2,300,000
25 Jun 2026Business BayIRIS BAYBusiness BayOfficeCommercial · Existing PropertiesOffice1,968 sqftAED 1,605/sqftAED 3,160,000
10 Jun 2026Business BayIRIS BAYBusiness BayOfficeCommercial · Existing PropertiesOffice975 sqftAED 1,610/sqftAED 1,570,000
1 Jun 2026Business BayIRIS BAYBusiness BayOfficeCommercial · Existing PropertiesOffice1,216 sqftAED 1,940/sqftAED 2,360,000
5 May 2026Business BayIRIS BAYBusiness BayOfficeCommercial · Existing PropertiesOffice3,683 sqftAED 1,629/sqftAED 6,000,000
5 May 2026Business BayIRIS BAYBusiness BayOfficeCommercial · Existing PropertiesOffice3,683 sqftAED 1,629/sqftAED 6,000,000
22 Apr 2026Business BayIRIS BAYBusiness BayOfficeCommercial · Existing PropertiesOffice1,920 sqftAED 2,630/sqftAED 5,050,000
9 Mar 2026Business BayIRIS BAYBusiness BayOfficeCommercial · Existing PropertiesOffice1,217 sqftAED 1,726/sqftAED 2,100,000
26 Feb 2026Business BayIRIS BAYBusiness BayShopCommercial · Existing PropertiesShop1,764 sqftAED 2,000/sqftAED 3,528,620
24 Feb 2026Business BayIRIS BAYBusiness BayOfficeCommercial · Existing PropertiesOffice1,557 sqftAED 1,937/sqftAED 3,015,000
18 Feb 2026Business BayIRIS BAYBusiness BayOfficeCommercial · Existing PropertiesOffice1,304 sqftAED 1,726/sqftAED 2,250,000

Source: Dubai Land Department open data, retrieved from the Digital Dubai data.dubai platform. Figures cover registered transactions and Ejari-registered tenancy contracts, and are statistical summaries of public record — not a valuation of any individual property. Registration data can be amended or backdated by the source after first publication. Refresh times vary by dataset; records shown here are not a live feed.