1205, Iris Blue Tower
Sold prices and rental history: sold twice, last in October 2026, 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 1205, Iris Blue Tower
What is 1205 worth today?
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Source: Dubai Land Department. Updated 26 October 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,371 sqft
- Floor
- 12th of 28
- Parking
- P1-28
- Developer
- SHETH ESTATE (INTERNATIONAL)
- Completed
- 2008
- Service charge
- AED 34,000 /yr
- Last sold
- AED 2.42M · October 2026
- Building
- Iris Blue Tower
About 1205, Iris Blue Tower
1205 is a two-bedroom apartment of 1,371 sqft on the 12th floor of Iris Blue Tower, a 28-storey tower in Dubai Marina completed in 2008 by SHETH ESTATE (INTERNATIONAL). It last sold on 26 October 2026 for AED 2,424,250, or AED 1,767 per sqft, 16% below the AED 2,114 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 15 July 2023, is AED 140,000 a year: a gross yield of 5.8% on the 2026 price, before the service charge of about AED 34,000 a year.
Sales and rents for 1205 over time
1205 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 1205 sits
All 94 2-beds →1205 last sold in October 2026 at AED 1,767 per sqft, 16% below what two-beds in Iris Blue Tower were fetching at the time (AED 2,114). 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. 1205's AED 140,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 | ||
| 24 Jul 202624 July 2026 | 1,326 sqft | 2,850,000 | 2,150 |
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 12th floor
All 158 units in Iris Blue Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,326 sqft | AED 1.76MAED 1,762,900 · Apr 2012April 2012 | 148,000 /yr | |
| 1202 | 2-bed | 1,326 sqft | AED 1.78MAED 1,783,750 · Mar 2012March 2012 | 170,000 /yr | |
| 1203 | 1-bed | 736 sqft | AED 800KAED 800,000 · Apr 2020April 2020 | 65,000 /yr | |
| 1204 | 2-bed | 1,371 sqft | AED 2.46MAED 2,460,000 · Oct 2024October 2024 | ||
| 1206 | 1-bed | 736 sqft | AED 859KAED 859,400 · Apr 2012April 2012 | 65,000 /yr |
1205, Iris Blue Tower in numbers
- Sold twice: first on 2 January 2013 for AED 1,604,150, last on 26 October 2026 for AED 2,424,250 (AED 1,767 per sqft).
- Rented since September 2014 on 6 Ejari contracts. The rent fell from AED 143,000 to AED 80,000 in 2020 and recovered to AED 140,000 by July 2023.
- At AED 140,000 a year the gross yield on the 2026 price is 5.8%, 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 26 October 2026.
Questions about 1205, Iris Blue Tower
What did unit 1205 last sell for?
AED 2,424,250 on 26 October 2026: AED 1,767 per sqft for 1,371 sqft. The unit has 2 registered sales; the first was AED 1,604,150 in January 2013.
What is the rent for unit 1205?
AED 140,000 a year on the contract signed on 15 July 2023. The previous contract, from August 2020, was AED 80,000; the unit has been rented since September 2014.
How big is unit 1205?
1,371 sqft (127.4 sqm): a two-bedroom apartment on the 12th floor of a 28-storey tower completed in 2008.
What is unit 1205 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 1205, Iris Blue Tower
Starts from the last sale price (AED 2.42M, 26 October 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 2,424,250
- Deposit, UAE resident (20%)
- AED 484,850
- Deposit, non-resident (40%)
- AED 969,700
- Monthly over 25 years at 3.7%
- AED 9,918
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →