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2-bed · 1,371 sqftIris Blue Tower, Dubai Marina · 15th floor · completed 2008

1504, Iris Blue Tower

Sold prices and rental history: sold once, by the developer in April 2012, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1504 · DLD and Ejari recordsUpdated 22 April 2012
Last soldAED 2.18M22 April 2012
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1504, Iris Blue Tower

What is 1504 worth today?

Last sold for AED 2,175,305 in 2012

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22 Apr 2012Sold by developerReady
AED 2,175,305AED 1,586 per sqft

Source: Dubai Land Department. Updated 22 April 2012.

Key facts

Type
2-bed apartment
Size
1,371 sqft
Floor
15th of 28
Parking
P2-22
Developer
SHETH ESTATE (INTERNATIONAL)
Completed
2008
Service charge
AED 34,000 /yr
Last sold
AED 2.18M · April 2012
Building
Iris Blue Tower

About 1504, Iris Blue Tower

1504 is a two-bedroom apartment of 1,371 sqft on the 15th floor of Iris Blue Tower, a 28-storey tower in Dubai Marina completed in 2008 by SHETH ESTATE (INTERNATIONAL). The developer sold it on 22 April 2012 for AED 2,175,305, or AED 1,586 per sqft, 17% above the AED 1,356 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1504 over time

Sales
Unit 1504, each saleTypical two-bed in Iris Blue Tower
2M3M20112015201920232027Typical sale price by year: 2011 AED 1,850,000; 2012 AED 1,886,709; 2013 AED 1,844,400; 2014 AED 2,293,585; 2015 AED 2,034,159; 2016 AED 2,425,000; 2017 AED 2,300,000; 2018 AED 2,005,500; 2019 AED 1,725,000; 2020 AED 1,600,000; 2021 AED 1,550,000; 2022 AED 2,100,000; 2023 AED 2,050,000; 2024 AED 2,530,000; 2025 AED 2,917,500; 2026 AED 2,850,000Sold by developer, April 2012: AED 2,175,305 (AED 1,586 per sqft)

1504 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1504, each contractTypical two-bed in Iris Blue Tower
100K125K150K2012201620202024Typical rent by year: 2012 AED 140,000; 2013 AED 150,000; 2014 AED 160,000; 2015 AED 160,000; 2016 AED 160,000; 2017 AED 155,000; 2018 AED 140,000; 2019 AED 126,506; 2020 AED 108,000; 2021 AED 105,000; 2022 AED 121,024; 2023 AED 140,000; 2024 AED 160,000; 2025 AED 156,250; 2026 AED 140,000

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 1504 sits

All 94 2-beds →

1504 last sold in April 2012 at AED 1,586 per sqft, 17% above what two-beds in Iris Blue Tower were fetching at the time (AED 1,356). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Oct 20262,424,250
28 Sep 20262,900,000
4 Sep 20262,900,000
4 Aug 202625,867
10 2-bed sales in the last 12 months

Iris Blue Tower

Building

158 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%
Iris Blue Tower, Dubai Marina: prices, sales and rents →

Other units on the 15th floor

All 158 units in Iris Blue Tower
Value
15012-bedAED 2.95M · Apr 2025
15022-bedAED 2.94M · Aug 2025
15031-bedAED 840K · Nov 2014
15052-bedAED 2.02M · May 2018
15061-bedAED 849K · Apr 2011

1504, Iris Blue Tower in numbers

  • Sold once: by SHETH ESTATE (INTERNATIONAL) on 22 April 2012 for AED 2,175,305, or AED 1,586 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 22 April 2012.

Questions about 1504, Iris Blue Tower

What did unit 1504 last sell for?

AED 2,175,305 on 22 April 2012, sold by the developer: AED 1,586 per sqft for 1,371 sqft. It is the only registered sale of the unit.

How big is unit 1504?

1,371 sqft (127.4 sqm): a two-bedroom apartment on the 15th floor of a 28-storey tower completed in 2008.

What is unit 1504 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 1504, Iris Blue Tower

Starts from the last sale price (AED 2.18M, 22 April 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,175,305
Deposit, UAE resident (20%)
AED 435,061
Deposit, non-resident (40%)
AED 870,122
Monthly over 25 years at 3.7%
AED 8,900

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →