Iris Bay Tower, also known as Sheth Tower, stands as a distinctive commercial development in the heart of Business Bay, Dubai. With its unique crescent-shaped architecture and state-of-the-art facilities, it offers premium office and retail spaces tailored for modern businesses.
Designed by WS Atkins & Partners, Iris Bay Tower rises to a height of 170 meters (558 feet) and comprises 35 floors above ground, including three podium levels and three basement parking levels. The tower's ovoid, crescent-moon shape not only adds to Dubai's skyline but also incorporates sustainable design elements. The building features two identical double-curved shells rotated and cantilevered over a four-story podium, creating a visually striking silhouette. This design facilitates natural ventilation, reducing reliance on mechanical systems, particularly in the underground parking areas.
Situated on Happiness Street (D86), Iris Bay Tower enjoys a prime location in Business Bay, one of Dubai's most dynamic commercial hubs. Its proximity to Sheikh Zayed Road and the Business Bay Metro Station ensures excellent connectivity. The tower is also near key landmarks such as Downtown Dubai, Dubai Mall, and the Dubai Canal, making it an ideal choice for businesses seeking visibility and accessibility.
Iris Bay Tower offers a range of office configurations to cater to various business needs. Some of these include:
Shell-and-Core Offices: These spaces allow tenants to customize interiors according to their requirements. Sizes range from 1,000 sq. ft. to 7,365 sq. ft., with rental prices starting from AED 53,000 annually.
Fitted Offices: Ready-to-move-in units with high-quality finishes. Sizes vary between 1,200 sq. ft. and 2,500 sq. ft., with rental prices ranging from AED 93,000 to AED 231,000 per year.
Shared Offices: Ideal for startups and small businesses, these spaces come with shared amenities like meeting rooms and lounges. Rental prices start from AED 30,000 annually.
Additionally, the ground floor houses retail units suitable for cafes, restaurants, and shops. Retail spaces range from 2,100 sq. ft. to 10,700 sq. ft., with rental prices averaging AED 575,000 annually.
Iris Bay Tower is equipped with facilities designed to enhance the working environment:
Parking: A total of 920 parking spaces are available across three basement and three podium levels.
Elevators: Six high-speed elevators ensure efficient vertical transportation.
Security: 24/7 CCTV surveillance and on-site security personnel provide a safe environment.
Fitness Facilities: Tenants have access to a shared swimming pool, landscaped podium garden, and the EMS Fitness Factory gym located on the 14th floor.
The tower's location ensures easy access to various modes of transportation suited to all types of commuters:
Metro: Business Bay Metro Station is approximately a 12-minute walk away.
Bus: Several bus stops are within walking distance, including the Lilian Tower 1 stop.
In addition to transportation, the area boasts a variety of dining and entertainment options for a wholesome experience: These include but are not limited to:
Restaurants: Nearby eateries include Crumby Breakfast & Pizza, Sandwichy Restaurant, and IL Gazebo.
Fine Dining: Upscale restaurants such as Hotel Cartagena, Masala Library by Jiggs Kalra, and Tong Thai are in close proximity.
Nightlife: Popular spots like Vault, Seven Sisters, and 1 Oak Dubai offer vibrant nightlife experiences.
Investors consider Iris Bay a promising and high-potential investment destination due to its location and amenities. The tower has a diverse and rich assortment of retail and office spaces that offer excellent returns on investment and rental yields.
Office Sales: Shell-and-core offices are available for purchase, with prices starting from AED 750,000 for 1,100 sq. ft. units. Fitted offices range from AED 2 million to AED 15.5 million for full-floor spaces.
Retail Sales: Retail units on the ground floor are priced between AED 15.5 million and AED 28 million, depending on size and location.
Iris Bay Tower, or Sheth Tower, stands as a testament to innovative design and strategic planning in Dubai's Business Bay. Its unique architecture, comprehensive amenities, and prime location make it a premier choice for businesses seeking a prestigious address in a thriving commercial development. Contact us to discover prime investment opportunities in Iris Bay Tower or other commercial spaces in Business Bay.
