1-bed · 667 sqftIris Blue Tower, Dubai Marina · 1st floor · completed 2008

103, Iris Blue Tower

Sold prices and rental history: sold twice, last in December 2021, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 900K9 December 2021
Current rentAED 85K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Iris Blue Tower

What is 103 worth today?

Last sold for AED 900,000 in 2021

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1 Oct 2026RentedNew contract
AED 85,000/yr12 months · AED 128 per sqft
9 Dec 2021SoldReady
AED 900,000AED 1,350 per sqft
2 Nov 2018RentedNew contract
AED 75,000/yr12 months · AED 112 per sqft
17 Nov 2016RentedNew contract
AED 105,000/yr12 months · AED 157 per sqft
23 Nov 2014Sold by developerReady
AED 872,850AED 1,309 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
1-bed apartment
Size
667 sqft
Floor
1st of 28
Parking
P3-1
Developer
SHETH ESTATE (INTERNATIONAL)
Completed
2008
Service charge
AED 16,500 /yr
Last sold
AED 900K · December 2021

About 103, Iris Blue Tower

103 is a one-bedroom apartment of 667 sqft on the 1st floor of Iris Blue Tower, a 28-storey tower in Dubai Marina completed in 2008 by SHETH ESTATE (INTERNATIONAL). It last sold on 9 December 2021 for AED 900,000, or AED 1,350 per sqft, 9% above the AED 1,239 one-beds in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 1 October 2026, is AED 85,000 a year: a gross yield of 9.4% on the 2021 price, before the service charge of about AED 16,500 a year.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical one-bed in Iris Blue Tower
1M2M2011201520192023Typical sale price by year: 2011 AED 864,250; 2012 AED 961,000; 2013 AED 1,010,884; 2014 AED 979,063; 2016 AED 1,312,500; 2017 AED 1,375,000; 2018 AED 1,400,000; 2019 AED 1,000,000; 2021 AED 865,000; 2023 AED 1,220,000; 2024 AED 1,600,000; 2025 AED 2,000,000Sold by developer, November 2014: AED 872,850 (AED 1,309 per sqft)Sold, December 2021: AED 900,000 (AED 1,350 per sqft)

103 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 103, each contractTypical one-bed in Iris Blue Tower
80K100K2013201720212025Typical rent by year: 2013 AED 85,000; 2014 AED 90,000; 2015 AED 102,500; 2016 AED 102,000; 2017 AED 100,000; 2018 AED 95,163; 2019 AED 81,154; 2020 AED 68,000; 2021 AED 70,000; 2022 AED 75,000; 2023 AED 90,000; 2024 AED 95,000; 2025 AED 99,000; 2026 AED 92,000New contract, November 2016: AED 105,000 a yearNew contract, November 2018: AED 75,000 a yearNew contract, October 2026: AED 85,000 a year

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 103 sits

All 48 1-beds →

103 last sold in December 2021 at AED 1,350 per sqft, 9% above what one-beds in Iris Blue Tower were fetching at the time (AED 1,239). 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. 103's AED 85,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Aug 20261,575,000
7 Aug 20261,277,000
31 Jul 202629,492
14 Jan 202634,331
4 1-bed sales in the last 12 months

Iris Blue Tower

Building

158 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%
Iris Blue Tower, Dubai Marina: prices, sales and rents →

Other units on the 1st floor

All 158 units in Iris Blue Tower
Value
1012-bedAED 1.93M · Nov 2012
1022-bedAED 2.9M · Sep 2023
1041-bedAED 2M · Jun 2025

103, Iris Blue Tower in numbers

  • Sold twice: first on 23 November 2014 for AED 872,850, last on 9 December 2021 for AED 900,000 (AED 1,350 per sqft).
  • Rented since November 2016 on 3 Ejari contracts. The rent fell from AED 105,000 to AED 75,000 in 2018 and recovered to AED 85,000 by October 2026.
  • At AED 85,000 a year the gross yield on the 2021 price is 9.4%, before a service charge of about AED 16,500 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 October 2026.

Questions about 103, Iris Blue Tower

What did unit 103 last sell for?

AED 900,000 on 9 December 2021: AED 1,350 per sqft for 667 sqft. The unit has 2 registered sales; the first was AED 872,850 in November 2014.

What is the rent for unit 103?

AED 85,000 a year on the contract signed on 1 October 2026. The previous contract, from November 2018, was AED 75,000; the unit has been rented since November 2016.

How big is unit 103?

667 sqft (62.0 sqm): a one-bedroom apartment on the 1st floor of a 28-storey tower completed in 2008.

What is unit 103 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 103, Iris Blue Tower

Starts from the last sale price (AED 900K, 9 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →