Iris Bay

Building report · Business Bay · Business Bay
Oct 2025 – Sep 202612 complete months · building-level records

Sales

40

Transactions in the reporting window

Sales transactions
40
Average purchase price
AED 2.9M
Average area
1,514 sqft
Sale price / sqft
AED 1.9K/sqft

Transacted value: AED 114.9M

Building rentals

143

Matched single-property physical-unit contracts

Rental contracts
143
Average annual rent
AED 199.5K
Average area
1,587 sqft
Annual rent / sqft
AED 127/sqft

Annual contract value: AED 28.5M

Gross rental yields

No supported building-layout yield is available. Matched rents and ready-sale rates are required.

Ready-stock basis. Gross rental yield is income before costs, not total ROI. Capital gains, financing, service charges and vacancy are not modeled.

Registration breakdown

Oct 2025 – Sep 2026

Off-plan and ready sales

Sales registrations · same reporting window
SegmentRecordsAverage priceAverage areaSale rate
Ready40AED 2.9M1,514 sqftAED 1.9K/sqft
Off-plan0———
Unclassified0———

New and renewal building rentals

Rental registrations · same reporting window
SegmentRecordsAverage annual rentAverage areaAnnual rate
New88AED 219.3K1,539 sqftAED 143/sqft
Renewal55AED 167.9K1,664 sqftAED 102/sqft
Unclassified0———

Building unit types: prices, rents and areas

Oct 2025 – Sep 2026 · separate sales and rental samples
Commercial · Unit

Unspecified layout

40 sales · 143 rentals

Sales

Sales transactions
40
Average purchase price
AED 2.9M
Average area
1,514 sqft
Sale price / sqft
AED 1.9K/sqft
Ready / off-plan
Sales registrations · same reporting window
SegmentRecordsAverage priceAverage areaSale rate
Ready40AED 2.9M1,514 sqftAED 1.9K/sqft
Off-plan0———
Unclassified0———

Building rentals

Rental contracts
143
Average annual rent
AED 199.5K
Average area
1,587 sqft
Annual rent / sqft
AED 127/sqft
New / renewal
Rental registrations · same reporting window
SegmentRecordsAverage annual rentAverage areaAnnual rate
New88AED 219.3K1,539 sqftAED 143/sqft
Renewal55AED 167.9K1,664 sqftAED 102/sqft
Unclassified0———

Gross rental yield

—

Ready-sale price basis · before costs

Requires a matched residential layout with at least 10 ready-sale rate samples and 30 rental rate samples.

Ready-sale rate samples
40
Rental rate samples
143
Price, rent and area sample sizes

Sales: 40 price samples · 40 area samples · 40 rate samples.

Rentals: 143 rent samples · 143 area samples · 143 rate samples.

Monthly history

Complete months through Sep 2026. Gaps mean unavailable values, not zero.

Average purchase price

All, ready and off-plan sales where classified.

Iris Bay — Average purchase price
Iris Bay — Average purchase price
PeriodAll salesReady
Oct 202541000004100000
Nov 202523937502393750
Dec 2025
Jan 202635375003537500
Feb 202628681802868180
Mar 202621000002100000
Apr 202650500005050000
May 202660000006000000
Jun 20262363333.33333333352363333.3333333335
Jul 202625166502516650
Aug 20262569974.62569974.6
Sep 202622878042287804

Source: Dubai Land Department via Dubai Data Establishment

Sales activity

Recorded sales transactions per month; independent count scale.

Iris Bay — monthly sales
Iris Bay — monthly sales
PeriodAll salesReadyOff-plan
Oct 2025110
Nov 2025880
Dec 2025000
Jan 2026220
Feb 2026990
Mar 2026110
Apr 2026110
May 2026220
Jun 2026330
Jul 2026660
Aug 2026550
Sep 2026220

Source: Dubai Land Department via Dubai Data Establishment

Average annual rent

All, new and renewal unit contracts; rents are annual amounts.

Iris Bay — Average annual rent
Iris Bay — Average annual rent
PeriodAll rentalsNewRenewal
Oct 2025177773.63636363635286333.3333333333137063.75
Nov 2025136562.5100000173125
Dec 2025191200.83333333334188441205000
Jan 2026243212.5265833.3333333333175350
Feb 2026195001.3125198335.08333333334185000
Mar 2026154588.23529411765153600156000
Apr 2026137498.4705882353134792.66666666666143992.4
May 202623800028500050000
Jun 2026255787.54545454544301375134221
Jul 2026282645.28571428574475000205703.4
Aug 2026233983.5220805.83333333334253750
Sep 2026203214.2857142857234166.66666666666180000

Source: Dubai Land Department via Dubai Data Establishment

Rental activity

New and renewal registrations; independent contract-count scale.

Iris Bay — monthly rental contracts
Iris Bay — monthly rental contracts
PeriodAll rentalsNewRenewal
Oct 20251138
Nov 2025844
Dec 2025651
Jan 202616124
Feb 202616124
Mar 202617107
Apr 202617125
May 20261082
Jun 20261183
Jul 2026725
Aug 20261064
Sep 20261468

Source: Dubai Land Department via Dubai Data Establishment

Monthly averages can have small samples; consult the record counts. Historical registration splits and rental records appear only where the detailed building profile supplies them.

Monthly figures for the selected metric
Iris Bay · monthly observations, not cumulative totals
MonthAverage purchase priceSalesReadyOff-planUnclassified salesAverage annual rentRentalsNewRenewalUnclassified rentals
Oct 2025AED 4.1M1100AED 177.8K11380
Nov 2025AED 2.4M8800AED 136.6K8440
Dec 2025—0000AED 191.2K6510
Jan 2026AED 3.5M2200AED 243.2K161240
Feb 2026AED 2.9M9900AED 195.0K161240
Mar 2026AED 2.1M1100AED 154.6K171070
Apr 2026AED 5.0M1100AED 137.5K171250
May 2026AED 6.0M2200AED 238.0K10820
Jun 2026AED 2.4M3300AED 255.8K11830
Jul 2026AED 2.5M6600AED 282.6K7250
Aug 2026AED 2.6M5500AED 234.0K10640
Sep 2026AED 2.3M2200AED 203.2K14680
Building scope and calculation notes
  • Sales building: Iris Bay; source area ID 526. Sales periods exclude the incomplete current month.
  • Rental project keys are uniquely associated with this source building in the same area. Only single-property physical-unit contracts are included.
  • Rents are annualized contract values for retained single-property physical-unit contracts. Whole assets, Virtual Ejari, pooled multi-property contracts and contracts with unknown property counts are excluded from unit comparisons.
  • Ready/off-plan and new/renewal categories follow source registrations. Unknown registrations remain explicit; segment counts sum to the all-record total where provided.
  • Average purchase price and annual rent are total unit amounts, not medians. Average areas use their own non-missing sample counts. Area is converted using 1 sqm = 10.764 sqft.
  • Gross yield compares annual rent per area with ready-sale price per area for the same building, residential asset class, layout and period. At least 10 ready-sale and 30 rental rate samples are required. These are cohorts, not the same individual units.
  • Detailed profile generated 2026-10-06. Earlier sales history comes from legacy monthly aggregates; earlier rental/registration detail remains unavailable.
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