1501, Iris Blue Tower
Sold prices and rental history: sold 4 times, last in April 2025, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1501, Iris Blue Tower
What is 1501 worth today?
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Source: Dubai Land Department. Updated 4 April 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,326 sqft
- Floor
- 15th of 28
- Parking
- P3-63,64
- Developer
- SHETH ESTATE (INTERNATIONAL)
- Completed
- 2008
- Service charge
- AED 32,800 /yr
- Last sold
- AED 2.95M · April 2025
- Building
- Iris Blue Tower
About 1501, Iris Blue Tower
1501 is a two-bedroom apartment of 1,326 sqft on the 15th floor of Iris Blue Tower, a 28-storey tower in Dubai Marina completed in 2008 by SHETH ESTATE (INTERNATIONAL). It last sold on 4 April 2025 for AED 2,950,000, or AED 2,225 per sqft, 13% above the AED 1,961 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, signed on 1 January 2025, is AED 195,000 a year: a gross yield of 6.6% on the 2025 price, before the service charge of about AED 32,800 a year.
Sales and rents for 1501 over time
1501 has sold 4 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 1501 sits
All 94 2-beds →1501 last sold in April 2025 at AED 2,225 per sqft, 13% above what two-beds in Iris Blue Tower were fetching at the time (AED 1,961). 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. 1501's AED 195,000 is in the upper 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 15th floor
All 158 units in Iris Blue Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1502 | 2-bed | 1,326 sqft | AED 2.94MAED 2,935,000 · Aug 2025August 2025 | 140,000 /yr | |
| 1503 | 1-bed | 736 sqft | AED 840KAED 840,200 · Nov 2014November 2014 | 80,000 /yr | |
| 1504 | 2-bed | 1,371 sqft | AED 2.18MAED 2,175,305 · Apr 2012April 2012 | ||
| 1505 | 2-bed | 1,371 sqft | AED 2.02MAED 2,015,000 · May 2018May 2018 | 140,000 /yr | |
| 1506 | 1-bed | 736 sqft | AED 849KAED 848,500 · Apr 2011April 2011 | 75,000 /yr |
1501, Iris Blue Tower in numbers
- Sold 4 times: first on 12 February 2013 for AED 1,534,300, last on 4 April 2025 for AED 2,950,000 (AED 2,225 per sqft).
- Rented since December 2012 on 10 Ejari contracts. The rent fell from AED 145,000 to AED 110,000 in 2020 and recovered to AED 195,000 by January 2025.
- At AED 195,000 a year the gross yield on the 2025 price is 6.6%, 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 4 April 2025.
Questions about 1501, Iris Blue Tower
What did unit 1501 last sell for?
AED 2,950,000 on 4 April 2025: AED 2,225 per sqft for 1,326 sqft. The unit has 4 registered sales; the first was AED 1,534,300 in February 2013.
What is the rent for unit 1501?
AED 195,000 a year on the contract signed on 1 January 2025. The previous contract, from January 2025, was AED 195,000; the unit has been rented since December 2012.
How big is unit 1501?
1,326 sqft (123.2 sqm): a two-bedroom apartment on the 15th floor of a 28-storey tower completed in 2008.
What is unit 1501 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 1501, Iris Blue Tower
Starts from the last sale price (AED 2.95M, 4 April 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,950,000
- Deposit, UAE resident (20%)
- AED 590,000
- Deposit, non-resident (40%)
- AED 1,180,000
- Monthly over 25 years at 3.7%
- AED 12,069
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →