Dynamic height for static table cells with wrapping labels?

Use UITableView's heightForRowAtIndexPath :

 - (CGFloat)tableView:(UITableView *)tableView heightForRowAtIndexPath:(NSIndexPath *)indexPath
 {
   int topPadding = 10;
   int bottomPadding = 10;
   float landscapeWidth = 400;
   float portraitWidth = 300;

   UIFont *font = [UIFont fontWithName:@"Arial" size:22];

   //This is for first cell only if you want for all then remove below condition
   if (indexPath.row == 0) // for cell with dynamic height
   {
      NSString *strText = [[arrTexts objectAtIndex:indexPath.row]; // filling text in label  
     if(landscape)//depends on orientation
     {
       CGSize maximumSize = CGSizeMake(landscapeWidth, MAXFLOAT); // change width and height to your requirement
     }
     else //protrait
     {
       CGSize maximumSize = CGSizeMake(portraitWidth, MAXFLOAT); // change width and height to your requirement
     }

     //dynamic height of string depending on given width to fit
     CGSize textSize = CGSizeZero;
     if(SYSTEM_VERSION_GREATER_THAN_OR_EQUAL_TO(@"7.0")
     {
        NSMutableParagraphStyle *pstyle = [NSMutableParagraphStyle new];
        pstyle.lineBreakMode = NSLineBreakByWordWrapping;

        textSize = [[strText boundingRectWithSize:CGSizeMake(width, MAXFLOAT) options:NSStringDrawingUsesLineFragmentOrigin attributes:@{NSFontAttributeName :font,NSParagraphStyleAttributeName:[pstyle copy]} context:nil] size];
     }
     else // < (iOS 7.0)
     {
        textSize = [strText sizeWithFont:font constrainedToSize:maximumSize lineBreakMode:NSLineBreakByWordWrapping] 
     }

     return (topPadding+textSize.height+bottomPadding) // caculate on your bases as u have string height
   }
   else
   {
       // return height from the storyboard
       return [super tableView:tableView heightForRowAtIndexPath:indexPath];
   }
 }

EDIT : Added for support for > and < ios7 and as sizeWithFont method is deprecated in iOS 7.0