1306, Iris Blue Tower
Sold prices and rental history: sold once, by the developer in May 2012, 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 1306, Iris Blue Tower
What is 1306 worth today?
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Source: Dubai Land Department. Updated 16 February 2018.
Key facts
- Type
- 1-bed apartment
- Size
- 736 sqft
- Floor
- 13th of 28
- Parking
- P2-64
- Developer
- SHETH ESTATE (INTERNATIONAL)
- Completed
- 2008
- Service charge
- AED 18,200 /yr
- Last sold
- AED 1.03M · May 2012
- Building
- Iris Blue Tower
About 1306, Iris Blue Tower
1306 is a one-bedroom apartment of 736 sqft on the 13th floor of Iris Blue Tower, a 28-storey tower in Dubai Marina completed in 2008 by SHETH ESTATE (INTERNATIONAL). The developer sold it on 27 May 2012 for AED 1,025,400, or AED 1,393 per sqft, 11% above the AED 1,256 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, renewed on 16 February 2018, is AED 120,000 a year: a gross yield of 11.7% on the 2012 price, before the service charge of about AED 18,200 a year.
Sales and rents for 1306 over time
1306 has sold once; 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 1306 sits
All 48 1-beds →1306 last sold in May 2012 at AED 1,393 per sqft, 11% above what one-beds in Iris Blue Tower were fetching at the time (AED 1,256). 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. 1306's AED 120,000 is in the upper 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 13th floor
All 158 units in Iris Blue Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 2-bed | 1,326 sqft | AED 1.9MAED 1,900,000 · Feb 2012February 2012 | 147,000 /yr | |
| 1302 | 2-bed | 1,326 sqft | AED 2.1MAED 2,100,000 · Apr 2023April 2023 | 175,000 /yr | |
| 1303 | 1-bed | 736 sqft | AED 1.15MAED 1,150,000 · Feb 2023February 2023 | 130,000 /yr | |
| 1304 | 2-bed | 1,371 sqft | AED 2.9MAED 2,900,000 · Oct 2025October 2025 | 100,000 /yr | |
| 1305 | 2-bed | 1,371 sqft | AED 1.95MAED 1,950,000 · Jan 2019January 2019 |
1306, Iris Blue Tower in numbers
- Sold once: by SHETH ESTATE (INTERNATIONAL) on 27 May 2012 for AED 1,025,400, or AED 1,393 per sqft.
- Rented since March 2014 on 4 Ejari contracts, at AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2012 price is 11.7%, 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 16 February 2018.
Questions about 1306, Iris Blue Tower
What did unit 1306 last sell for?
AED 1,025,400 on 27 May 2012, sold by the developer: AED 1,393 per sqft for 736 sqft. It is the only registered sale of the unit.
What is the rent for unit 1306?
AED 120,000 a year on the contract renewed on 16 February 2018. The previous contract, from February 2017, was AED 120,000; the unit has been rented since March 2014.
How big is unit 1306?
736 sqft (68.4 sqm): a one-bedroom apartment on the 13th floor of a 28-storey tower completed in 2008.
What is unit 1306 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 1306, Iris Blue Tower
Starts from the last sale price (AED 1.03M, 27 May 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,025,400
- Deposit, UAE resident (20%)
- AED 205,080
- Deposit, non-resident (40%)
- AED 410,160
- Monthly over 25 years at 3.7%
- AED 4,195
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →