1004, Iris Blue Tower
Sold prices and rental history: sold twice, last in August 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1004, Iris Blue Tower
What is 1004 worth today?
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Source: Dubai Land Department. Updated 1 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,371 sqft
- Floor
- 10th of 28
- Parking
- P3-15
- Developer
- SHETH ESTATE (INTERNATIONAL)
- Completed
- 2008
- Service charge
- AED 34,000 /yr
- Last sold
- AED 2.9M · August 2024
- Building
- Iris Blue Tower
About 1004, Iris Blue Tower
1004 is a two-bedroom apartment of 1,371 sqft on the 10th floor of Iris Blue Tower, a 28-storey tower in Dubai Marina completed in 2008 by SHETH ESTATE (INTERNATIONAL). It last sold on 16 August 2024 for AED 2,900,000, or AED 2,114 per sqft, 45% above the AED 1,458 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 1 March 2025, is AED 190,000 a year: a gross yield of 6.6% on the 2024 price, before the service charge of about AED 34,000 a year.
Sales and rents for 1004 over time
1004 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Iris Blue Tower, and where 1004 sits
All 94 2-beds →1004 last sold in August 2024 at AED 2,114 per sqft, 45% above what two-beds in Iris Blue Tower were fetching at the time (AED 1,458). Over the last 12 months two-beds sold for AED 2,375,000 to 2,900,000, around AED 1,969 per sqft, and rent for AED 124,998 to 235,000 a year. 1004's AED 190,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Oct 202626 October 2026 | 1,371 sqft | 2,424,250 | 1,767 | ||
| 28 Sep 202628 September 2026 | 1,371 sqft | 2,900,000 | 2,114 | ||
| 4 Sep 20264 September 2026 | 1,326 sqft | 2,900,000 | 2,187 | ||
| 4 Aug 20264 August 2026 | 1,326 sqft | 25,867 | 19 |
Iris Blue Tower
Building158 apartments, 1-bed to 3-bed over 28 floors in Dubai Marina, completed in 2008 by SHETH ESTATE (INTERNATIONAL). 15 sold in the last 12 months.
- Typical price per sqft
- AED 1,893 Down 14.9%
- Typical sale
- AED 2.5M
- Typical rent
- AED 140K /yr
- Typical yield
- 5.9%
Other units on the 10th floor
All 158 units in Iris Blue Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 2-bed | 1,326 sqft | AED 1.83MAED 1,825,000 · Feb 2015February 2015 | 120,000 /yr | |
| 1002 | 2-bed | 1,326 sqft | AED 2.2MAED 2,200,000 · Oct 2022October 2022 | 162,000 /yr | |
| 1003 | 1-bed | 736 sqft | AED 1.28MAED 1,277,000 · Aug 2026August 2026 | 76,072 /yr | |
| 1005 | 2-bed | 1,371 sqft | AED 1.43MAED 1,428,100 · Dec 2012December 2012 | 141,750 /yr | |
| 1006 | 1-bed | 736 sqft | AED 1.27MAED 1,268,000 · Oct 2021October 2021 | 120,000 /yr |
1004, Iris Blue Tower in numbers
- Sold twice: first on 20 January 2013 for AED 2,647,595, last on 16 August 2024 for AED 2,900,000 (AED 2,114 per sqft).
- Rented since January 2014 on 8 Ejari contracts. The rent fell from AED 160,000 to AED 90,000 in 2021 and recovered to AED 190,000 by March 2025.
- At AED 190,000 a year the gross yield on the 2024 price is 6.6%, before a service charge of about AED 34,000 a year (AED 24.76 per sqft).
- Two-beds in Iris Blue Tower sold for AED 2,375,000–2,900,000 in the 12 months to November 2026; the building's median across all types is AED 1,893 per sqft.
Source: Dubai Land Department. Updated 1 March 2025.
Questions about 1004, Iris Blue Tower
What did unit 1004 last sell for?
AED 2,900,000 on 16 August 2024: AED 2,114 per sqft for 1,371 sqft. The unit has 2 registered sales; the first was AED 2,647,595 in January 2013.
What is the rent for unit 1004?
AED 190,000 a year on the contract signed on 1 March 2025. The previous contract, from January 2022, was AED 91,176; the unit has been rented since January 2014.
How big is unit 1004?
1,371 sqft (127.4 sqm): a two-bedroom apartment on the 10th floor of a 28-storey tower completed in 2008.
What is unit 1004 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Iris Blue Tower sold for AED 2,375,000 to 2,900,000 in the last 12 months, around AED 1,969 per sqft.
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Mortgage on 1004, Iris Blue Tower
Starts from the last sale price (AED 2.9M, 16 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,900,000
- Deposit, UAE resident (20%)
- AED 580,000
- Deposit, non-resident (40%)
- AED 1,160,000
- Monthly over 25 years at 3.7%
- AED 11,865
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →