1502, Iris Blue Tower
Sold prices and rental history: sold twice, last in August 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 1502, Iris Blue Tower
What is 1502 worth today?
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Source: Dubai Land Department. Updated 24 July 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,326 sqft
- Floor
- 15th of 28
- Parking
- P3-24
- Developer
- SHETH ESTATE (INTERNATIONAL)
- Completed
- 2008
- Service charge
- AED 32,800 /yr
- Last sold
- AED 2.94M · August 2025
- Building
- Iris Blue Tower
About 1502, Iris Blue Tower
1502 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 11 August 2025 for AED 2,935,000, or AED 2,214 per sqft, 7% above the AED 2,078 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 15 Ejari contracts. The current contract, renewed on 24 July 2026, is AED 170,000 a year: a gross yield of 5.8% on the 2025 price, before the service charge of about AED 32,800 a year.
Sales and rents for 1502 over time
1502 has sold twice; 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 1502 sits
All 94 2-beds →1502 last sold in August 2025 at AED 2,214 per sqft, 7% above what two-beds in Iris Blue Tower were fetching at the time (AED 2,078). 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. 1502's AED 170,000 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 15th floor
All 158 units in Iris Blue Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 1,326 sqft | AED 2.95MAED 2,950,000 · Apr 2025April 2025 | 195,000 /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 |
1502, Iris Blue Tower in numbers
- Sold twice: first on 28 January 2013 for AED 2,680,410, last on 11 August 2025 for AED 2,935,000 (AED 2,214 per sqft).
- Rented since November 2013 on 15 Ejari contracts. The rent fell from AED 180,000 to AED 105,000 in 2020 and recovered to AED 170,000 by July 2026.
- At AED 170,000 a year the gross yield on the 2025 price is 5.8%, 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 24 July 2026.
Questions about 1502, Iris Blue Tower
What did unit 1502 last sell for?
AED 2,935,000 on 11 August 2025: AED 2,214 per sqft for 1,326 sqft. The unit has 2 registered sales; the first was AED 2,680,410 in January 2013.
What is the rent for unit 1502?
AED 170,000 a year on the contract renewed on 24 July 2026. The previous contract, from July 2026, was AED 140,000; the unit has been rented since November 2013.
How big is unit 1502?
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 1502 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 1502, Iris Blue Tower
Starts from the last sale price (AED 2.94M, 11 August 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,935,000
- Deposit, UAE resident (20%)
- AED 587,000
- Deposit, non-resident (40%)
- AED 1,174,000
- Monthly over 25 years at 3.7%
- AED 12,008
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →