2-bed · 1,326 sqftIris Blue Tower, Dubai Marina · 17th floor · completed 2008

1701, Iris Blue Tower

Sold prices and rental history: sold 3 times, last in May 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1701 · DLD and Ejari recordsUpdated 21 February 2026
Last soldAED 2.6M23 May 2024
Current rentAED 170K /yr21 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1701, Iris Blue Tower

What is 1701 worth today?

Last sold for AED 2,600,000 in 2024

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21 Feb 2026RentedNew contract
AED 170,000/yr24 months · AED 128 per sqft
1 Jul 2025RentedNew contract
AED 160,000/yr12 months · AED 121 per sqft
23 May 2024SoldReady
AED 2,600,000AED 1,961 per sqft
10 Oct 2021SoldReady
AED 1,550,000AED 1,169 per sqft
1 Jan 2021RentedRenewal
AED 110,000/yr12 months · AED 83 per sqft
1 Jan 2020RentedRenewal
AED 127,000/yr12 months · AED 96 per sqft
1 Jul 2019RentedRenewal
AED 135,000/yr6 months · AED 102 per sqft
1 Jul 2018RentedNew contract
AED 135,000/yr12 months · AED 102 per sqft

Source: Dubai Land Department. Updated 21 February 2026.

Key facts

Type
2-bed apartment
Size
1,326 sqft
Floor
17th of 28
Parking
P3-26
Developer
SHETH ESTATE (INTERNATIONAL)
Completed
2008
Service charge
AED 32,800 /yr
Last sold
AED 2.6M · May 2024

About 1701, Iris Blue Tower

1701 is a two-bedroom apartment of 1,326 sqft on the 17th floor of Iris Blue Tower, a 28-storey tower in Dubai Marina completed in 2008 by SHETH ESTATE (INTERNATIONAL). It last sold on 23 May 2024 for AED 2,600,000, or AED 1,961 per sqft, 34% above the AED 1,458 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 21 February 2026, is AED 170,000 a year: a gross yield of 6.5% on the 2024 price, before the service charge of about AED 32,800 a year.

Sales and rents for 1701 over time

Sales
Unit 1701, 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, October 2014: AED 2,680,410 (AED 2,022 per sqft)Sold, October 2021: AED 1,550,000 (AED 1,169 per sqft)Sold, May 2024: AED 2,600,000 (AED 1,961 per sqft)

1701 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1701, each contractTypical two-bed in Iris Blue Tower
100K150K2012201620202024Typical 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 140,000New contract, November 2013: AED 155,000 a yearNew contract, April 2015: AED 165,000 a yearRenewal, April 2016: AED 165,000 a yearNew contract, April 2017: AED 150,000 a yearNew contract, July 2018: AED 135,000 a yearRenewal, July 2019: AED 135,000 a yearRenewal, January 2020: AED 127,000 a yearRenewal, January 2021: AED 110,000 a yearNew contract, July 2025: AED 160,000 a yearNew contract, February 2026: AED 170,000 a year

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 1701 sits

All 94 2-beds →

1701 last sold in May 2024 at AED 1,961 per sqft, 34% above what two-beds in Iris Blue Tower were fetching at the time (AED 1,458). 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. 1701's AED 170,000 is in the lower half of that range.

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 17th floor

All 158 units in Iris Blue Tower
Value
17022-bedAED 2M · Oct 2012
17031-bedAED 1.25M · May 2013
17042-bedAED 2.1M · Nov 2017
17052-bedAED 2.37M · Jun 2014
17061-bedAED 1.6M · Apr 2017

1701, Iris Blue Tower in numbers

  • Sold 3 times: first on 16 October 2014 for AED 2,680,410, last on 23 May 2024 for AED 2,600,000 (AED 1,961 per sqft).
  • Rented since November 2013 on 10 Ejari contracts. The rent fell from AED 155,000 to AED 110,000 in 2021 and recovered to AED 170,000 by February 2026.
  • At AED 170,000 a year the gross yield on the 2024 price is 6.5%, 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 21 February 2026.

Questions about 1701, Iris Blue Tower

What did unit 1701 last sell for?

AED 2,600,000 on 23 May 2024: AED 1,961 per sqft for 1,326 sqft. The unit has 3 registered sales; the first was AED 2,680,410 in October 2014.

What is the rent for unit 1701?

AED 170,000 a year on the contract signed on 21 February 2026. The previous contract, from July 2025, was AED 160,000; the unit has been rented since November 2013.

How big is unit 1701?

1,326 sqft (123.2 sqm): a two-bedroom apartment on the 17th floor of a 28-storey tower completed in 2008.

What is unit 1701 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 1701, Iris Blue Tower

Starts from the last sale price (AED 2.6M, 23 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,600,000
Deposit, UAE resident (20%)
AED 520,000
Deposit, non-resident (40%)
AED 1,040,000
Monthly over 25 years at 3.7%
AED 10,637

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