1106, Iris Blue Tower
Sold prices and rental history: sold twice, last in April 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1106, Iris Blue Tower
What is 1106 worth today?
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Source: Dubai Land Department. Updated 17 April 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 736 sqft
- Floor
- 11th of 28
- Parking
- P1-26
- Developer
- SHETH ESTATE (INTERNATIONAL)
- Completed
- 2008
- Service charge
- AED 18,200 /yr
- Last sold
- AED 1.5M · April 2023
- Building
- Iris Blue Tower
About 1106, Iris Blue Tower
1106 is a one-bedroom apartment of 736 sqft on the 11th floor of Iris Blue Tower, a 28-storey tower in Dubai Marina completed in 2008 by SHETH ESTATE (INTERNATIONAL). It last sold on 17 April 2023 for AED 1,500,000, or AED 2,037 per sqft, 18% above the AED 1,732 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 1 November 2022, is AED 75,000 a year: a gross yield of 5.0% on the 2023 price, before the service charge of about AED 18,200 a year.
Sales and rents for 1106 over time
1106 has sold twice; 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 1106 sits
All 48 1-beds →1106 last sold in April 2023 at AED 2,037 per sqft, 18% above what one-beds in Iris Blue Tower were fetching at the time (AED 1,732). 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. 1106's AED 75,000 is in the lower 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 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 | |
| 1102 | 2-bed | 1,326 sqft | AED 1.55MAED 1,547,300 · Jul 2013July 2013 | 126,000 /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, Iris Blue Tower in numbers
- Sold twice: first on 25 January 2012 for AED 983,925, last on 17 April 2023 for AED 1,500,000 (AED 2,037 per sqft).
- Rented since July 2017 on 5 Ejari contracts. The rent fell from AED 92,500 to AED 68,000 in 2020 and recovered to AED 75,000 by November 2022.
- At AED 75,000 a year the gross yield on the 2023 price is 5.0%, 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 17 April 2023.
Questions about 1106, Iris Blue Tower
What did unit 1106 last sell for?
AED 1,500,000 on 17 April 2023: AED 2,037 per sqft for 736 sqft. The unit has 2 registered sales; the first was AED 983,925 in January 2012.
What is the rent for unit 1106?
AED 75,000 a year on the contract renewed on 1 November 2022. The previous contract, from November 2021, was AED 75,000; the unit has been rented since July 2017.
How big is unit 1106?
736 sqft (68.4 sqm): a one-bedroom apartment on the 11th floor of a 28-storey tower completed in 2008.
What is unit 1106 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 1106, Iris Blue Tower
Starts from the last sale price (AED 1.5M, 17 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,500,000
- Deposit, UAE resident (20%)
- AED 300,000
- Deposit, non-resident (40%)
- AED 600,000
- Monthly over 25 years at 3.7%
- AED 6,137
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →