Dubai Land Department register
Iris Bay
202 homes on the DLD register in Business Bay, filed by Sheth Estate (International) Limited. 443 sales have been registered against it between 18 Jun 2008 and 8 Sep 2026.
Construction completeCompleted
Recorded at DLD's site inspection of 12 Oct 2015. That is an inspector's last visit, not today — the site has moved on since.
THE DLD RECORD
| Registered developer entity | Sheth Estate (International) Limited |
| Area (DLD) | Business Bay |
| Master community | Business Bay |
| Project status | Completed |
| Construction progress | 100.00% complete (DLD inspection, 12 Oct 2015) |
| Homes registered | 202 |
| Buildings | 1 |
| Registered start | 18 Nov 2007 |
| Registered completion date | 1 Mar 2015 |
| DLD project number | 127 |
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.
Reproduced from the register verbatim, including its own abbreviations. It is the developer’s filed description, not our assessment of the project.
| Escrow trustee bank | Noor Bank P.J.S.C |
| Escrow account | 00110507480018 |
Under Dubai Law No. 8 of 2007 every payment on a registered off-plan project goes into that project’s escrow account, held at a DLD-approved trustee bank and released to the developer against verified construction progress — not to the developer direct and not to a broker. Check these details in DLD’s own Dubai REST app against the project number above before you transfer anything, and treat any account number that differs from the one DLD shows as a reason to stop. Substituted account details are a known fraud in this market. Reproduced from the DLD register as at 4 Oct 2026; account details can change, and DLD’s record is the authority, not this page.
Source: Dubai Land Department project register. The developer, area, counts and filed dates are as recorded at 4 Oct 2026; the project status and escrow details as at 4 Oct 2026. Construction progress carries the date of the DLD site inspection that produced it, which is a different date again and is stated on the row — where the register holds no dated inspection, no percentage is published rather than an undated one. “Registered completion date” is the completion date on file at DLD; it is a date on record, not a guarantee of handover, and where that date has already passed it means only that the register has not been updated, not that the project handed over. Homes counted as registered apartments plus registered villas. Figures on this panel are the registry’s, and are stated as at different dates from the transaction figures elsewhere on the page. Registered completion: Mar 2015.
REGISTERED SALES
443 sales were registered against Iris Bay between 18 Jun 2008 and 8 Sep 2026; every one is listed in the transaction feed below. None falls inside the part of the register we hold in full detail (28 Apr 2025 to 5 Oct 2026), so we publish no trend or price guide drawn from that window.
Transaction data as at 2 Oct 2026. Project facts as recorded by DLD at 4 Oct 2026 — a separate feed on a separate cadence.
ALL REGISTERED SALES
| Date | Property type | Bedrooms | Area (sq ft) | Price (AED) | AED per sq ft |
|---|---|---|---|---|---|
| 8 Sep 2026 | Office | Office | 1,465 | 2,373,769 | 1,620 |
| 8 Sep 2026 | Office | Office | 1,359 | 2,201,839 | 1,620 |
| 20 Aug 2026 | Office | Office | 1,425 | 2,717,054 | 1,907 |
| 20 Aug 2026 | Office | Office | 1,425 | 2,716,863 | 1,907 |
| 20 Aug 2026 | Office | Office | 990 | 1,887,271 | 1,907 |
| 18 Aug 2026 | Office | Office | 1,828 | 3,198,685 | 1,750 |
| 4 Aug 2026 | Office | Office | 1,288 | 2,330,000 | 1,809 |
| 16 Jul 2026 | Office | Office | 1,987 | 3,377,900 | 1,700 |
| 10 Jul 2026 | Office | Office | 1,557 | 4,120,000 | 2,647 |
| 10 Jul 2026 | Office | Office | 993 | 1,567,439 | 1,579 |
| 10 Jul 2026 | Office | Office | 910 | 1,434,561 | 1,577 |
| 8 Jul 2026 | Office | Office | 1,335 | 2,300,000 | 1,723 |
| 7 Jul 2026 | Office | Office | 1,465 | 2,300,000 | 1,570 |
| 25 Jun 2026 | Office | Office | 1,968 | 3,160,000 | 1,605 |
| 10 Jun 2026 | Office | Office | 975 | 1,570,000 | 1,610 |
| 1 Jun 2026 | Office | Office | 1,216 | 2,360,000 | 1,940 |
| 5 May 2026 | Office | Office | 3,683 | 6,000,000 | 1,629 |
| 5 May 2026 | Office | Office | 3,683 | 6,000,000 | 1,629 |
| 22 Apr 2026 | Office | Office | 1,920 | 5,050,000 | 2,630 |
| 9 Mar 2026 | Office | Office | 1,217 | 2,100,000 | 1,726 |
| 26 Feb 2026 | Shop | Shop | 1,764 | 3,528,620 | 2,000 |
| 24 Feb 2026 | Office | Office | 1,557 | 3,015,000 | 1,937 |
| 18 Feb 2026 | Office | Office | 1,304 | 2,250,000 | 1,726 |
| 12 Feb 2026 | Office | Office | 1,216 | 2,000,000 | 1,644 |
| 9 Feb 2026 | Office | Office | 999 | 1,920,000 | 1,921 |
Source: Dubai Land Department sales register, every registered sale held against this project, as at 2 Oct 2026. The count is every registered sale, of any property type, over the project’s whole history. The median is a separate measure: it covers the 6 months to that date and uses only apartment and villa sales in that period that carry a price and an area. Offices, shops, land and other non-residential sales are listed above but never enter it. Areas are DLD’s square metres converted to square feet.
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COMPARABLY SIZED PROJECTS IN BUSINESS BAY
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This page is the public register — the project record as at 4 Oct 2026, and the transaction register to 5 Oct 2026.
AVAILABILITY
On the register202 homes
From the DLD project record as at 4 Oct 2026, filed at status “Completed” as at 4 Oct 2026.
Not on the registerWhat is available now
PRICE
On the register443 registered sales
Prices already paid, registered between 18 Jun 2008 and 8 Sep 2026.
Not on the registerAt what price
PAYMENT TERMS
On the register—
The DLD project register carries no payment-plan data of any kind.
Not on the registerOn what payment terms
THE SPECIFIC UNIT
On the register—
Nothing is registered against this project to compare a unit with.
Not on the registerHow the specific unit compares with the ones already registered
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