Iris Bay
ايريس بايSHETH ESTATE (INTERNATIONAL) LIMITED
The Land Department’s record
completed per the Land Department · 100% complete · buildings · 202 units · 1 building · DLD target completion August 2015
Registered developer: SHETH ESTATE (INTERNATIONAL) LIMITED (DLD no. 39)
Master developer: BUSINESS BAY (L.L.C) (DLD no. 898)
Escrow account with Noor Bank · Zoned by Dubai Development Authority (DDA)
From the Land Department’s projects file, file dated 15 June 2026.
Rents recorded under Business Bay
Typical yearly rent of AED 89,000 across 15,225 tenancies recorded in the community over the last 12 months.
This is the community’s figure, not this project’s.
Dubai Land Department · rent contracts Ejari (Dubai's rent registration system) contracts · agreed rents, not advertised ones. File dated 10 Oct 2026 · synced 11 Oct 2026.
Street View imagery near Iris Bay, via Google — the nearest public-road vantage point, not necessarily the building's own frontage.
The 443 sales recorded here are land, not finished homes. A price per square foot of land cannot be compared with one for somewhere to live, so putting it beside typical apartment prices would mislead rather than inform.
Everything else on this page — the developer, the area, what is nearby and what the register does hold — is unaffected.
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No month here has 5+ recorded home sales that could be priced.
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No two months with 5+ resales 3 or more years apart.
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No recorded resales here yet.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
What would this size cost?
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually sold for in Iris Bay — not an asking price, and not this project’s overall typical price, which mixes every size together.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Price per sqft trend
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Due diligence
Price vs. Business Bay typical price
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No month has enough recorded sales on both sides to compare.
Developer track record
443 recorded sales
Matched to SHETH ESTATE (INTERNATIONAL) LIMITED, Jun 2008 to 8 Sep 2026.
1 completed · 0 off-plan/in progress
Full track record →Verify before you commit
Permit, title, broker license, escrow — the free checks you can run yourself.
Verification guide →Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Dubai Land Department · project register The Land Department's project register · the status as the developer recorded it. File dated 15 Jun 2026 · synced 26 Sep 2026. The file date is the date carried on the rows themselves; the sync is when Keyva last loaded that file.
Dubai Land Department · developer register The Land Department's developer register. File dated 1 Oct 2026 · synced 3 Oct 2026.
Handover competition
Moderate competitionWhen Iris Bay handed over in August 2015, 3 other projects in Business Bay had a handover date on record within six months either side — a reference point for how crowded that period was. The Land Department's projects file of 15 Jun 2026 lists 49 other projects in Business Bay as not yet finished. None of the 3 listed below is among them.
The Binary By Omniyat
BINARY DEVELOPMENT LIMITED
The Exchange
TANMIYAT GLOBAL REAL ESTATE DEVELOPMENT L L C
B2b Tower
THE DEVELOPER PROPERTIES L.L.C
Dubai Land Department · project register The Land Department's project register · the status as the developer recorded it. File dated 15 Jun 2026 · synced 26 Sep 2026. The file date is the date carried on the rows themselves; the sync is when Keyva last loaded that file.
What's around this property
Transport, schools, healthcare, and daily essentials within 3 km.
1.7 km
Business Bay
1.5 km
Dubai International School
1.3 km
Nexx Home Healthcare Services
173 m
Supermash
Metro stations
- Business Bay1.7 km
- Burj Khalifa / Dubai Mall2.4 km
Schools
- Dubai International School1.5 km
- GEMS Our Indian School1.5 km
- Dubai International School1.5 km
- Safa Private School1.6 km
Hospitals & clinics
- Nexx Home Healthcare Services1.3 km
- Mediclinic2.1 km
- BIOS CLINIC2.3 km
- Medcare Orthopaedics & Spine Hospital2.5 km
Supermarkets
- Supermash173 m
- Barsha Hills Mini Mart575 m
- Carrefour Market594 m
- Q Mini Mart660 m
Bus stops
- U BORA Tower 1 GE Office213 m
- U BORA Tower 2 GE Office257 m
- Volante Dubai Tower 1261 m
- Volante Dubai Tower 2322 m
Pharmacies
- Life Pharmacy575 m
- Life Pharmacy980 m
- Life Pharmacy1.2 km
- Health First1.2 km
Malls
- Bay Avenue Mall1.3 km
- Al Faris Mall1.8 km
- Al Wasl Centre2.0 km
- Business Time Centre2.2 km
Parks
- Bayside Park 4234 m
- Bayside Park 2332 m
- Bayside Park 4335 m
- Bayside Park 3635 m
Mosques
- Masjid Al Ghafoor971 m
- Shaikha Abdulla Salem1.8 km
- Al Safa Mosque1.9 km
- Al Qasimi Mosque2.4 km
Straight-line distances — actual walking or driving routes will be longer. Measured from this project's own mapped location. Places data from OpenStreetMap.
Other projects in Business Bay
Each price is the project’s newest month with 5 or more recorded home sales, from Oct 2025 to 7 Oct 2026. Priced projects first, then the most home sales from Nov 2025 to 7 Oct 2026, then A–Z. Where a project has no month with that many, its newest month with any sale is shown instead, with a red (i) and its count.
Binghatti
1–7 Oct 2026 · 11 home sales
Deyaar Development (P.J.S.C)
Sep 2026 · 7 home sales
Binghatti
Sep 2026 · 8 home sales
Select Global Development L.L.C
Sep 2026 · 27 home sales
Binghatti
1–7 Oct 2026 · 5 home sales
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Seen a listing for this?
Put the asking price beside what comparable homes actually sold for, and check the agent against the Land Department’s register of licensed brokers. Free, no sign-in.
Buying in Iris Bay?
Everything above is free and stays free. What this page cannot tell you is what your unit is worth — the typical price here covers every size at once, and a two-bedroom can be 1,062 or 1,558 sqft. Our report matches comparable sales to one unit's size, and adds the three checks that need a person to look things up in the Land Department's own systems on the day: the agent's licence, the project's escrow, and its registered status.