1404, Iris Blue Tower
Sold prices and rental history: sold 3 times, last in October 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1404, Iris Blue Tower
What is 1404 worth today?
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Source: Dubai Land Department. Updated 6 October 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,371 sqft
- Floor
- 14th of 28
- Parking
- P1-38
- Developer
- SHETH ESTATE (INTERNATIONAL)
- Completed
- 2008
- Service charge
- AED 34,000 /yr
- Last sold
- AED 3.2M · October 2025
- Building
- Iris Blue Tower
About 1404, Iris Blue Tower
1404 is a two-bedroom apartment of 1,371 sqft on the 14th floor of Iris Blue Tower, a 28-storey tower in Dubai Marina completed in 2008 by SHETH ESTATE (INTERNATIONAL). It last sold on 6 October 2025 for AED 3,200,000, or AED 2,333 per sqft, 9% above the AED 2,132 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 19 August 2025, is AED 160,000 a year: a gross yield of 5.0% on the 2025 price, before the service charge of about AED 34,000 a year.
Sales and rents for 1404 over time
1404 has sold 3 times; 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 1404 sits
All 94 2-beds →1404 last sold in October 2025 at AED 2,333 per sqft, 9% above what two-beds in Iris Blue Tower were fetching at the time (AED 2,132). 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. 1404's AED 160,000 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 | |
| 1402 | 2-bed | 1,326 sqft | AED 1.4MAED 1,400,700 · Apr 2017April 2017 | 135,000 /yr | |
| 1403 | 1-bed | 736 sqft | AED 1MAED 1,000,000 · Feb 2019February 2019 | 135,000 /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 |
1404, Iris Blue Tower in numbers
- Sold 3 times: first on 21 August 2013 for AED 1,455,200, last on 6 October 2025 for AED 3,200,000 (AED 2,333 per sqft).
- Rented since November 2013 on 10 Ejari contracts. The rent fell from AED 165,000 to AED 120,000 in 2020 and recovered to AED 160,000 by August 2025.
- At AED 160,000 a year the gross yield on the 2025 price is 5.0%, 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 6 October 2025.
Questions about 1404, Iris Blue Tower
What did unit 1404 last sell for?
AED 3,200,000 on 6 October 2025: AED 2,333 per sqft for 1,371 sqft. The unit has 3 registered sales; the first was AED 1,455,200 in August 2013.
What is the rent for unit 1404?
AED 160,000 a year on the contract renewed on 19 August 2025. The previous contract, from August 2025, was AED 160,000; the unit has been rented since November 2013.
How big is unit 1404?
1,371 sqft (127.4 sqm): a two-bedroom apartment on the 14th floor of a 28-storey tower completed in 2008.
What is unit 1404 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 1404, Iris Blue Tower
Starts from the last sale price (AED 3.2M, 6 October 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 3,200,000
- Deposit, UAE resident (20%)
- AED 640,000
- Deposit, non-resident (40%)
- AED 1,280,000
- Monthly over 25 years at 3.7%
- AED 13,092
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →