1102, Iris Blue Tower
Sold prices and rental history: sold once, by the developer in July 2013, 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 1102, Iris Blue Tower
What is 1102 worth today?
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Source: Dubai Land Department. Updated 3 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,326 sqft
- Floor
- 11th of 28
- Parking
- P3-17
- Developer
- SHETH ESTATE (INTERNATIONAL)
- Completed
- 2008
- Service charge
- AED 32,800 /yr
- Last sold
- AED 1.55M · July 2013
- Building
- Iris Blue Tower
About 1102, Iris Blue Tower
1102 is a two-bedroom apartment of 1,326 sqft on the 11th floor of Iris Blue Tower, a 28-storey tower in Dubai Marina completed in 2008 by SHETH ESTATE (INTERNATIONAL). The developer sold it on 28 July 2013 for AED 1,547,300, or AED 1,167 per sqft, 16% below the AED 1,386 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 3 September 2024, is AED 126,000 a year: a gross yield of 8.1% on the 2013 price, before the service charge of about AED 32,800 a year.
Sales and rents for 1102 over time
1102 has sold once; 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 1102 sits
All 94 2-beds →1102 last sold in July 2013 at AED 1,167 per sqft, 16% below what two-beds in Iris Blue Tower were fetching at the time (AED 1,386). 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. 1102's AED 126,000 is in the lower 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 11th floor
All 158 units in Iris Blue Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | 2-bed | 1,326 sqft | AED 2.19MAED 2,185,274 · Apr 2017April 2017 | 160,000 /yr | |
| 1103 | 1-bed | 736 sqft | AED 825KAED 825,000 · Mar 2021March 2021 | 94,000 /yr | |
| 1104 | 2-bed | 1,371 sqft | AED 1.8MAED 1,800,000 · Mar 2020March 2020 | 120,000 /yr | |
| 1105 | 2-bed | 1,371 sqft | AED 1.9MAED 1,900,000 · Feb 2024February 2024 | 120,000 /yr | |
| 1106 | 1-bed | 736 sqft | AED 1.5MAED 1,500,000 · Apr 2023April 2023 | 75,000 /yr |
1102, Iris Blue Tower in numbers
- Sold once: by SHETH ESTATE (INTERNATIONAL) on 28 July 2013 for AED 1,547,300, or AED 1,167 per sqft.
- Rented since August 2014 on 11 Ejari contracts. The rent fell from AED 155,000 to AED 98,000 in 2022 and recovered to AED 126,000 by September 2024.
- At AED 126,000 a year the gross yield on the 2013 price is 8.1%, before a service charge of about AED 32,800 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 3 September 2024.
Questions about 1102, Iris Blue Tower
What did unit 1102 last sell for?
AED 1,547,300 on 28 July 2013, sold by the developer: AED 1,167 per sqft for 1,326 sqft. It is the only registered sale of the unit.
What is the rent for unit 1102?
AED 126,000 a year on the contract renewed on 3 September 2024. The previous contract, from September 2024, was AED 126,000; the unit has been rented since August 2014.
How big is unit 1102?
1,326 sqft (123.2 sqm): a two-bedroom apartment on the 11th floor of a 28-storey tower completed in 2008.
What is unit 1102 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 1102, Iris Blue Tower
Starts from the last sale price (AED 1.55M, 28 July 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,547,300
- Deposit, UAE resident (20%)
- AED 309,460
- Deposit, non-resident (40%)
- AED 618,920
- Monthly over 25 years at 3.7%
- AED 6,330
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →