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Sold for AED 2,250,000: Office in Iris Bay

Located in Business Bay, Dubai. Its price per sqft is −1% vs the Iris Bay median (AED 1,750/sqft).

All Business Bay salesIris Bay prices

Sale price

AED 2,250,000

Per sqft
AED 1,726
Registered
18 Feb 2026, 10:42 (Dubai)
Iris Bay, Dubai

01 / Price history

This unit's history

This is the only registration of this unit on record (same layout, exact size and parking bay B1-11,B1-12).

Comparable sales

02 / The property

Property details

Size
1,304 sqft · 121.14 m²
Bedrooms
Office
Registered as
Sale
Property sub-type
Office
Usage
Residential
Tenure
Freehold
Parking
B1-11,B1-12
Nearest metro
Business Bay Metro Station
Nearest mall
Dubai Mall
Nearest landmark
Downtown Dubai

03 / Comparables

All sales in Iris Bay (21 Jan 2026 – 12 Oct 2026)

33 market sales, latest 30 shown. Percentages compare each sale with this one.

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Comparable market sales. Change is relative to the selected sale.
Sale recordRecordedValue · AEDAED / sqft
12 Oct 20262.5M+11% vs selected2,054+19% vs selected
9 Oct 20263.2M+42% vs selected1,634−5% vs selected
7 Sept 20262.2M−2% vs selected1,620−6% vs selected
7 Sept 20262.37M+6% vs selected1,620−6% vs selected
20 Aug 20262.72M+21% vs selected1,907+11% vs selected
20 Aug 20262.72M+21% vs selected1,907+11% vs selected
20 Aug 20261.89M−16% vs selected1,907+11% vs selected
18 Aug 20263.2M+42% vs selected1,750+1% vs selected
4 Aug 20262.33M+4% vs selected1,809+5% vs selected
16 Jul 20263.38M+50% vs selected1,700−1% vs selected
10 Jul 20264.12M+83% vs selected2,647+53% vs selected
9 Jul 20261.57M−30% vs selected1,579−8% vs selected
9 Jul 20261.43M−36% vs selected1,577−9% vs selected
8 Jul 20262.3M+2% vs selected1,7230% vs selected
7 Jul 20262.3M+2% vs selected1,570−9% vs selected
25 Jun 20263.16M+40% vs selected1,605−7% vs selected
10 Jun 20261.57M−30% vs selected1,610−7% vs selected
1 Jun 20262.36M+5% vs selected1,940+12% vs selected
5 May 20266M+167% vs selected1,629−6% vs selected
5 May 20266M+167% vs selected1,629−6% vs selected
22 Apr 20265.05M+124% vs selected2,630+52% vs selected
9 Mar 20262.1M−7% vs selected1,7260% vs selected
26 Feb 20263.53M+57% vs selected2,000+16% vs selected
24 Feb 20263.02M+34% vs selected1,937+12% vs selected
Office · 1,304 sqftReadySelected sale
18 Feb 20262.25M1,726
12 Feb 20262M−11% vs selected1,644−5% vs selected
9 Feb 20265.1M+127% vs selected2,434+41% vs selected
9 Feb 20263.02M+34% vs selected2,434+41% vs selected
9 Feb 20262.58M+15% vs selected2,433+41% vs selected
6 Feb 20261.92M−15% vs selected1,921+11% vs selected

04 / Renting it out

What similar offices rent for

Median of 41 market rents of offices of 1,108–1,500 sq ft in Business Bay. The gross yield is that rent against this sale's price, before service charges, fees and empty months.

See these contracts
Median rent / yr
AED 155,000
Per sqft / yr
AED 129/sqft
Gross yield
6.9%