1006, Iris Blue Tower
Sold prices and rental history: sold 4 times, last in October 2021, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1006, Iris Blue Tower
What is 1006 worth today?
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Source: Dubai Land Department. Updated 1 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 736 sqft
- Floor
- 10th of 28
- Parking
- P1-21
- Developer
- SHETH ESTATE (INTERNATIONAL)
- Completed
- 2008
- Service charge
- AED 18,200 /yr
- Last sold
- AED 1.27M · October 2021
- Building
- Iris Blue Tower
About 1006, Iris Blue Tower
1006 is a one-bedroom apartment of 736 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 14 October 2021 for AED 1,268,000, or AED 1,722 per sqft, 53% above the AED 1,127 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 1 November 2024, is AED 120,000 a year: a gross yield of 9.5% on the 2021 price, before the service charge of about AED 18,200 a year.
Sales and rents for 1006 over time
1006 has sold 4 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Iris Blue Tower, and where 1006 sits
All 48 1-beds →1006 last sold in October 2021 at AED 1,722 per sqft, 53% above what one-beds in Iris Blue Tower were fetching at the time (AED 1,127). Over the last 12 months one-beds sold for AED 1,277,000 to 1,575,000, around AED 1,937 per sqft, and rent for AED 74,000 to 130,000 a year. 1006's AED 120,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Aug 202619 August 2026 | 736 sqft | 1,575,000 | 2,139 | ||
| 7 Aug 20267 August 2026 | 736 sqft | 1,277,000 | 1,734 | ||
| 31 Jul 202631 July 2026 | 736 sqft | 29,492 | 40 | ||
| 14 Jan 202614 January 2026 | 736 sqft | 34,331 | 46 |
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 | |
| 1004 | 2-bed | 1,371 sqft | AED 2.9MAED 2,900,000 · Aug 2024August 2024 | 190,000 /yr | |
| 1005 | 2-bed | 1,371 sqft | AED 1.43MAED 1,428,100 · Dec 2012December 2012 | 141,750 /yr |
1006, Iris Blue Tower in numbers
- Sold 4 times: first on 13 April 2011 for AED 911,000, last on 14 October 2021 for AED 1,268,000 (AED 1,722 per sqft).
- Rented since July 2019 on 6 Ejari contracts. The rent fell from AED 82,000 to AED 70,000 in 2021 and recovered to AED 120,000 by November 2024.
- At AED 120,000 a year the gross yield on the 2021 price is 9.5%, before a service charge of about AED 18,200 a year (AED 24.76 per sqft).
- One-beds in Iris Blue Tower sold for AED 1,277,000–1,575,000 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 November 2024.
Questions about 1006, Iris Blue Tower
What did unit 1006 last sell for?
AED 1,268,000 on 14 October 2021: AED 1,722 per sqft for 736 sqft. The unit has 4 registered sales; the first was AED 911,000 in April 2011.
What is the rent for unit 1006?
AED 120,000 a year on the contract renewed on 1 November 2024. The previous contract, from November 2023, was AED 120,000; the unit has been rented since July 2019.
How big is unit 1006?
736 sqft (68.4 sqm): a one-bedroom apartment on the 10th floor of a 28-storey tower completed in 2008.
What is unit 1006 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Iris Blue Tower sold for AED 1,277,000 to 1,575,000 in the last 12 months, around AED 1,937 per sqft.
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Mortgage on 1006, Iris Blue Tower
Starts from the last sale price (AED 1.27M, 14 October 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,268,000
- Deposit, UAE resident (20%)
- AED 253,600
- Deposit, non-resident (40%)
- AED 507,200
- Monthly over 25 years at 3.7%
- AED 5,188
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →