1402, Iris Blue Tower
Sold prices and rental history: sold once, by the developer in April 2017, 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 1402, Iris Blue Tower
What is 1402 worth today?
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Source: Dubai Land Department. Updated 20 June 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,326 sqft
- Floor
- 14th of 28
- Parking
- P1-35
- Developer
- SHETH ESTATE (INTERNATIONAL)
- Completed
- 2008
- Service charge
- AED 32,800 /yr
- Last sold
- AED 1.4M · April 2017
- Building
- Iris Blue Tower
About 1402, Iris Blue Tower
1402 is a two-bedroom apartment of 1,326 sqft on the 14th floor of Iris Blue Tower, a 28-storey tower in Dubai Marina completed in 2008 by SHETH ESTATE (INTERNATIONAL). The developer sold it on 17 April 2017 for AED 1,400,700, or AED 1,056 per sqft, 40% below the AED 1,763 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 20 June 2026, is AED 135,000 a year: a gross yield of 9.6% on the 2017 price, before the service charge of about AED 32,800 a year.
Sales and rents for 1402 over time
1402 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 1402 sits
All 94 2-beds →1402 last sold in April 2017 at AED 1,056 per sqft, 40% below what two-beds in Iris Blue Tower were fetching at the time (AED 1,763). 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. 1402's AED 135,000 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 14th floor
All 158 units in Iris Blue Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 2-bed | 1,326 sqft | AED 1.73MAED 1,731,000 · Jul 2012July 2012 | 170,000 /yr | |
| 1403 | 1-bed | 736 sqft | AED 1MAED 1,000,000 · Feb 2019February 2019 | 135,000 /yr | |
| 1404 | 2-bed | 1,371 sqft | AED 3.2MAED 3,200,000 · Oct 2025October 2025 | 160,000 /yr | |
| 1405 | 2-bed | 1,371 sqft | AED 2.63MAED 2,625,000 · Nov 2014November 2014 | 145,000 /yr | |
| 1406 | 1-bed | 736 sqft | AED 1.3MAED 1,300,000 · May 2018May 2018 | 58,000 /yr |
1402, Iris Blue Tower in numbers
- Sold once: by SHETH ESTATE (INTERNATIONAL) on 17 April 2017 for AED 1,400,700, or AED 1,056 per sqft.
- Rented since March 2014 on 10 Ejari contracts. The rent fell from AED 160,000 to AED 105,000 in 2022 and recovered to AED 135,000 by June 2026.
- At AED 135,000 a year the gross yield on the 2017 price is 9.6%, 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 20 June 2026.
Questions about 1402, Iris Blue Tower
What did unit 1402 last sell for?
AED 1,400,700 on 17 April 2017, sold by the developer: AED 1,056 per sqft for 1,326 sqft. It is the only registered sale of the unit.
What is the rent for unit 1402?
AED 135,000 a year on the contract signed on 20 June 2026. The previous contract, from May 2025, was AED 150,000; the unit has been rented since March 2014.
How big is unit 1402?
1,326 sqft (123.2 sqm): a two-bedroom apartment on the 14th floor of a 28-storey tower completed in 2008.
What is unit 1402 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 1402, Iris Blue Tower
Starts from the last sale price (AED 1.4M, 17 April 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,400,700
- Deposit, UAE resident (20%)
- AED 280,140
- Deposit, non-resident (40%)
- AED 560,280
- Monthly over 25 years at 3.7%
- AED 5,731
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →