Iris Bay — Business Bay, Dubai

Iris Bay is a striking residential tower located in the heart of Business Bay, one of Dubai's most dynamic and sought-after urban districts. Rising prominently along the Dubai Water Canal, the tower commands attention with its sleek, contemporary architecture that reflects the ambitious skyline of the surrounding neighbourhood. Its thoughtfully designed façade and modern interiors make it a compelling address for professionals and urban dwellers who seek the energy of city living without compromising on comfort or style. Residents of Iris Bay enjoy a lifestyle defined by convenience and connectivity. The tower offers a range of residential units across various bedroom configurations, catering to singles, couples, and small families alike. Interiors are finished to a high standard, with open-plan layouts, floor-to-ceiling windows, and premium fittings that maximise natural light and frame views of the canal, Downtown Dubai, and the wider cityscape. Every detail has been considered to ensure a refined and comfortable living environment. Business Bay itself is a thriving mixed-use district that blends commercial ambition with residential sophistication. The neighbourhood is lined with restaurants, cafés, retail outlets, and leisure destinations, all easily accessible on foot or within a short drive. The iconic Burj Khalifa and Dubai Mall are just minutes away, while the Dubai Water Canal promenade offers residents a scenic escape for morning jogs or evening strolls. This combination of urban energy and waterfront serenity is a hallmark of the Business Bay lifestyle. Iris Bay represents an ideal base for professionals working in Business Bay's bustling corporate corridor, as well as for those who value proximity to Downtown Dubai's world-class entertainment and dining scene. With strong rental demand, robust infrastructure, and a location that continues to appreciate in prestige, Iris Bay stands as a distinguished choice for both end-users and investors seeking a premium foothold in one of Dubai's most vibrant communities.

Developer: Iris Real Estate

Facilities: Temperature-controlled swimming pool, Fully equipped fitness centre and gymnasium, 24-hour security and concierge service, Dedicated covered parking, High-speed passenger elevators, Children's play area, Landscaped podium garden and outdoor seating, Building management and maintenance services, Lobby reception with visitor management, On-site retail and convenience outlets

DRE Advisory:

Nearby: Burj Khalifa – approximately 1.5 km, Dubai Mall – approximately 1.8 km, Dubai Water Canal Promenade – directly adjacent, Dubai Opera – approximately 2 km, Bay Avenue Mall, Business Bay – approximately 0.8 km, Safa Park – approximately 2.5 km

Residential Tower

Iris Bay

Business Bay · Dubai · Iris Real Estate

2016
Year Built
AED 15–19 / sqft (est.)
Est. Service Charge / year
Estimated range based on community averages. Verify with the owners association before purchase.
Dhabi AI
UAE Property Intelligence
Available now

I can see you're looking at Iris Bay in Business Bay, Dubai. Developed by Iris Real Estate in 2016. It's a residential tower. Iris Bay occupies a prime position within Business Bay, a district that consistently ranks among Dubai's top-performing residential markets. Service charge runs AED 17/sqft/year. What would you like to know — pricing, rental yields, or how it compares to similar buildings?

Dhabi AI · UAE Property Intelligence

About Iris Bay

Iris Bay is a striking residential tower located in the heart of Business Bay, one of Dubai's most dynamic and sought-after urban districts. Rising prominently along the Dubai Water Canal, the tower commands attention with its sleek, contemporary architecture that reflects the ambitious skyline of the surrounding neighbourhood. Its thoughtfully designed façade and modern interiors make it a compelling address for professionals and urban dwellers who seek the energy of city living without compromising on comfort or style. Residents of Iris Bay enjoy a lifestyle defined by convenience and connectivity. The tower offers a range of residential units across various bedroom configurations, catering to singles, couples, and small families alike. Interiors are finished to a high standard, with open-plan layouts, floor-to-ceiling windows, and premium fittings that maximise natural light and frame views of the canal, Downtown Dubai, and the wider cityscape. Every detail has been considered to ensure a refined and comfortable living environment. Business Bay itself is a thriving mixed-use district that blends commercial ambition with residential sophistication. The neighbourhood is lined with restaurants, cafés, retail outlets, and leisure destinations, all easily accessible on foot or within a short drive. The iconic Burj Khalifa and Dubai Mall are just minutes away, while the Dubai Water Canal promenade offers residents a scenic escape for morning jogs or evening strolls. This combination of urban energy and waterfront serenity is a hallmark of the Business Bay lifestyle. Iris Bay represents an ideal base for professionals working in Business Bay's bustling corporate corridor, as well as for those who value proximity to Downtown Dubai's world-class entertainment and dining scene. With strong rental demand, robust infrastructure, and a location that continues to appreciate in prestige, Iris Bay stands as a distinguished choice for both end-users and investors seeking a premium foothold in one of Dubai's most vibrant communities.

DRE Advisory

District Real Estate has specialist knowledge of Iris Bay and the wider Business Bay sub-market. Contact our advisory team for current resale inventory, yield analysis, and transaction support.

Community Feel

Iris Bay attracts a cosmopolitan and professionally driven resident community, reflecting the broader character of Business Bay. The tower's occupants are predominantly working professionals, young couples, and entrepreneurial individuals who thrive on the pace and convenience of urban living. The neighbourhood buzz is sophisticated yet approachable, with a strong café culture, waterfront dining, and a growing arts and lifestyle scene along the canal. Residents value accessibility, modern comforts, and the prestige of a Business Bay address, creating a community that is ambitious, diverse, and socially connected.

Investment Outlook

Iris Bay occupies a prime position within Business Bay, a district that consistently ranks among Dubai's top-performing residential markets. Rental yields in Business Bay typically range between 6% and 8% annually, driven by sustained demand from corporate professionals, expatriate tenants, and short-term rental operators who value proximity to Downtown Dubai and major business hubs. The tower's waterfront-adjacent location and modern specifications further enhance its appeal in the leasing market. Capital appreciation in Business Bay has been robust, supported by ongoing infrastructure investment, the continued development of the Dubai Water Canal corridor, and the district's growing reputation as a lifestyle destination alongside its commercial identity. Buyers are typically a mix of regional and international investors, owner-occupiers relocating for work, and portfolio investors seeking dependable income-generating assets. The relatively liquid secondary market in Business Bay ensures that exit strategies remain accessible, making Iris Bay a sound medium-to-long-term investment proposition in the Dubai real estate landscape.

Building Facilities

Temperature-controlled swimming pool
Fully equipped fitness centre and gymnasium
24-hour security and concierge service
Dedicated covered parking
High-speed passenger elevators
Children's play area
Landscaped podium garden and outdoor seating
Building management and maintenance services
Lobby reception with visitor management
On-site retail and convenience outlets

Getting Around

Iris Bay benefits from excellent transport connectivity within Business Bay. The Business Bay Metro Station on the Red Line is within easy reach, providing direct access to Downtown Dubai, Dubai Marina, and Dubai International Airport. Key arterial roads including Sheikh Zayed Road and Al Khail Road are conveniently accessible, allowing residents to reach Downtown Dubai in under 5 minutes, Dubai International Airport in approximately 15 minutes, and Dubai Marina in around 20 minutes by car. RTA water taxis along the Dubai Water Canal offer an additional scenic commuting option.

Nearby Landmarks

  • Burj Khalifa – approximately 1.5 km
  • Dubai Mall – approximately 1.8 km
  • Dubai Water Canal Promenade – directly adjacent
  • Dubai Opera – approximately 2 km
  • Bay Avenue Mall, Business Bay – approximately 0.8 km
  • Safa Park – approximately 2.5 km

Nearby Buildings

The Oberoi Centre, Business Bay
Damac Towers by Paramount, Business Bay
Millennium Binghatti Residences, Business Bay
Executive Towers, Business Bay
Aykon City Tower, Business Bay

Frequently Asked Questions

What types of residential units are available at Iris Bay?

Iris Bay offers a variety of residential unit types across multiple bedroom configurations, including studio, one-bedroom, and two-bedroom apartments. The units are designed with modern open-plan layouts and feature high-quality finishes, making them suitable for singles, couples, and small families seeking a premium urban lifestyle in Business Bay.

Is Iris Bay a freehold property available to foreign buyers?

Yes, Business Bay is a designated freehold area in Dubai, meaning that Iris Bay units are available for purchase by both UAE nationals and international buyers. Foreign investors can acquire full ownership of residential units, making it an accessible and attractive option for those looking to invest in Dubai's real estate market.

What are the typical rental yields for apartments at Iris Bay?

Rental yields for residential apartments in Business Bay, including towers like Iris Bay, typically range between 6% and 8% per annum. The strong demand from corporate professionals and expatriate tenants, combined with the tower's prime location near Downtown Dubai and the Dubai Water Canal, helps sustain competitive rental returns for landlords.

How close is Iris Bay to the nearest Dubai Metro station?

Iris Bay is conveniently located near the Business Bay Metro Station on the Red Line, which is accessible within a short drive or an approximately 10–15 minute walk depending on the exact exit point. The metro provides direct, air-conditioned connectivity to key destinations across Dubai including Downtown, Mall of the Emirates, and Dubai International Airport.

What dining and lifestyle amenities are available near Iris Bay?

Iris Bay's location in Business Bay places residents within easy reach of a wide variety of dining, retail, and lifestyle options. Bay Avenue Mall is close by with supermarkets, restaurants, and cafés, while the Dubai Water Canal promenade features al fresco dining venues. The world-famous Dubai Mall, Souk Al Bahar, and Downtown Dubai's vibrant dining and entertainment scene are all reachable within a few minutes by car.

Enquire About Iris Bay

Our Business Bay specialists have access to current resale inventory, rental listings, and yield data for Iris Bay. Let us help you make the right move.

Contact an AdvisorExplore Business Bay

Building details are indicative and based on DRE research. Unit counts, sizes, and amenities may vary. Not investment advice. Verify all information with DRE advisors before transacting.

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