2-bed · 1,326 sqftIris Blue Tower, Dubai Marina · 13th floor · completed 2008

1302, Iris Blue Tower

Sold prices and rental history: sold 4 times, last in April 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1302 · DLD and Ejari recordsUpdated 8 January 2026
Last soldAED 2.1M24 April 2023
Current rentAED 175K /yr8 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1302, Iris Blue Tower

What is 1302 worth today?

Last sold for AED 2,100,000 in 2023

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8 Jan 2026RentedNew contract
AED 175,000/yr12 months · AED 132 per sqft
2 Jan 2025RentedRenewal
AED 160,000/yr12 months · AED 121 per sqft
2 Jan 2025RentedRenewal
AED 160,000/yr12 months · AED 121 per sqft
2 Jan 2024RentedNew contract
AED 160,000/yr12 months · AED 121 per sqft
24 Apr 2023SoldReady
AED 2,100,000AED 1,584 per sqft
1 Oct 2022RentedRenewal
AED 105,000/yr12 months · AED 79 per sqft
1 Oct 2021RentedRenewal
AED 99,000/yr12 months · AED 75 per sqft
1 Oct 2020RentedNew contract
AED 90,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 8 January 2026.

Key facts

Type
2-bed apartment
Size
1,326 sqft
Floor
13th of 28
Parking
P2-19,P3-29
Developer
SHETH ESTATE (INTERNATIONAL)
Completed
2008
Service charge
AED 32,800 /yr
Last sold
AED 2.1M · April 2023

About 1302, Iris Blue Tower

1302 is a two-bedroom apartment of 1,326 sqft on the 13th floor of Iris Blue Tower, a 28-storey tower in Dubai Marina completed in 2008 by SHETH ESTATE (INTERNATIONAL). It last sold on 24 April 2023 for AED 2,100,000, or AED 1,584 per sqft, in line with the AED 1,565 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, signed on 8 January 2026, is AED 175,000 a year: a gross yield of 8.3% on the 2023 price, before the service charge of about AED 32,800 a year.

Sales and rents for 1302 over time

Sales
Unit 1302, each saleTypical two-bed in Iris Blue Tower
2M3M20112015201920232027Typical sale price by year: 2011 AED 1,850,000; 2012 AED 1,886,709; 2013 AED 1,844,400; 2014 AED 2,293,585; 2015 AED 2,034,159; 2016 AED 2,425,000; 2017 AED 2,300,000; 2018 AED 2,005,500; 2019 AED 1,725,000; 2020 AED 1,600,000; 2021 AED 1,550,000; 2022 AED 2,100,000; 2023 AED 2,050,000; 2024 AED 2,530,000; 2025 AED 2,917,500; 2026 AED 2,850,000Sold by developer, July 2013: AED 1,844,868 (AED 1,391 per sqft)Sold, September 2017: AED 2,300,000 (AED 1,735 per sqft)Sold, November 2017: AED 2,530,000 (AED 1,908 per sqft)Sold, April 2023: AED 2,100,000 (AED 1,584 per sqft)

1302 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1302, each contractTypical two-bed in Iris Blue Tower
100K2012201620202024Typical rent by year: 2012 AED 140,000; 2013 AED 150,000; 2014 AED 160,000; 2015 AED 160,000; 2016 AED 160,000; 2017 AED 155,000; 2018 AED 140,000; 2019 AED 126,506; 2020 AED 108,000; 2021 AED 105,000; 2022 AED 121,024; 2023 AED 140,000; 2024 AED 160,000; 2025 AED 156,250; 2026 AED 140,000New contract, April 2016: AED 42,857 a yearNew contract, January 2019: AED 145,000 a yearNew contract, February 2020: AED 120,000 a yearNew contract, October 2020: AED 90,000 a yearRenewal, October 2021: AED 99,000 a yearRenewal, October 2022: AED 105,000 a yearNew contract, January 2024: AED 160,000 a yearRenewal, January 2025: AED 160,000 a yearRenewal, January 2025: AED 160,000 a yearNew contract, January 2026: AED 175,000 a year

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 1302 sits

All 94 2-beds →

1302 last sold in April 2023 at AED 1,584 per sqft, in line with what two-beds in Iris Blue Tower were fetching at the time (AED 1,565). 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. 1302's AED 175,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Oct 20262,424,250
28 Sep 20262,900,000
4 Sep 20262,900,000
4 Aug 202625,867
10 2-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 13th floor

All 158 units in Iris Blue Tower
Value
13012-bedAED 1.9M · Feb 2012
13031-bedAED 1.15M · Feb 2023
13042-bedAED 2.9M · Oct 2025
13052-bedAED 1.95M · Jan 2019
13061-bedAED 1.03M · May 2012

1302, Iris Blue Tower in numbers

  • Sold 4 times: first on 7 July 2013 for AED 1,844,868, last on 24 April 2023 for AED 2,100,000 (AED 1,584 per sqft).
  • Rented since April 2016 on 10 Ejari contracts, from AED 42,857 to AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2023 price is 8.3%, 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 8 January 2026.

Questions about 1302, Iris Blue Tower

What did unit 1302 last sell for?

AED 2,100,000 on 24 April 2023: AED 1,584 per sqft for 1,326 sqft. The unit has 4 registered sales; the first was AED 1,844,868 in July 2013.

What is the rent for unit 1302?

AED 175,000 a year on the contract signed on 8 January 2026. The previous contract, from January 2025, was AED 160,000; the unit has been rented since April 2016.

How big is unit 1302?

1,326 sqft (123.2 sqm): a two-bedroom apartment on the 13th floor of a 28-storey tower completed in 2008.

What is unit 1302 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 1302, Iris Blue Tower

Starts from the last sale price (AED 2.1M, 24 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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