2-bed · 1,371 sqftIris Blue Tower, Dubai Marina · 17th floor · completed 2008

1705, Iris Blue Tower

Sold prices and rental history: sold once, by the developer in June 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1705 · DLD and Ejari recordsUpdated 10 September 2026
Last soldAED 2.37M19 June 2014
Current rentAED 175K /yr10 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1705, Iris Blue Tower

What is 1705 worth today?

Last sold for AED 2,372,093 in 2014

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10 Sep 2026RentedRenewal
AED 175,000/yr12 months · AED 128 per sqft
10 Sep 2025RentedNew contract
AED 175,000/yr12 months · AED 128 per sqft
11 Sep 2024RentedNew contract
AED 175,000/yr12 months · AED 128 per sqft
11 Sep 2024RentedNew contract
AED 175,000/yr12 months · AED 128 per sqft
5 Sep 2023RentedNew contract
AED 175,000/yr12 months · AED 128 per sqft
28 May 2023RentedRenewal
AED 155,000/yr12 months · AED 113 per sqft
28 May 2022RentedNew contract
AED 155,000/yr12 months · AED 113 per sqft
5 Jul 2019RentedRenewal
AED 125,000/yr12 months · AED 91 per sqft

Source: Dubai Land Department. Updated 10 September 2026.

Key facts

Type
2-bed apartment
Size
1,371 sqft
Floor
17th of 28
Parking
P3-27
Developer
SHETH ESTATE (INTERNATIONAL)
Completed
2008
Service charge
AED 34,000 /yr
Last sold
AED 2.37M · June 2014

About 1705, Iris Blue Tower

1705 is a two-bedroom apartment of 1,371 sqft on the 17th floor of Iris Blue Tower, a 28-storey tower in Dubai Marina completed in 2008 by SHETH ESTATE (INTERNATIONAL). The developer sold it on 19 June 2014 for AED 2,372,093, or AED 1,729 per sqft, 26% above the AED 1,372 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 12 Ejari contracts. The current contract, renewed on 10 September 2026, is AED 175,000 a year: a gross yield of 7.4% on the 2014 price, before the service charge of about AED 34,000 a year.

Sales and rents for 1705 over time

Sales
Unit 1705, 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, June 2014: AED 2,372,093 (AED 1,729 per sqft)

1705 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1705, 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, February 2015: AED 170,000 a yearRenewal, February 2016: AED 170,000 a yearRenewal, February 2017: AED 162,000 a yearNew contract, July 2018: AED 140,000 a yearRenewal, July 2019: AED 125,000 a yearNew contract, May 2022: AED 155,000 a yearRenewal, May 2023: AED 155,000 a yearNew contract, September 2023: AED 175,000 a yearNew contract, September 2024: AED 175,000 a yearNew contract, September 2024: AED 175,000 a yearNew contract, September 2025: AED 175,000 a yearRenewal, September 2026: AED 175,000 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 1705 sits

All 94 2-beds →

1705 last sold in June 2014 at AED 1,729 per sqft, 26% above what two-beds in Iris Blue Tower were fetching at the time (AED 1,372). 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. 1705's AED 175,000 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
17012-bedAED 2.6M · May 2024
17022-bedAED 2M · Oct 2012
17031-bedAED 1.25M · May 2013
17042-bedAED 2.1M · Nov 2017
17061-bedAED 1.6M · Apr 2017

1705, Iris Blue Tower in numbers

  • Sold once: by SHETH ESTATE (INTERNATIONAL) on 19 June 2014 for AED 2,372,093, or AED 1,729 per sqft.
  • Rented since February 2015 on 12 Ejari contracts. The rent fell from AED 170,000 to AED 125,000 in 2019 and recovered to AED 175,000 by September 2026.
  • At AED 175,000 a year the gross yield on the 2014 price is 7.4%, 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 10 September 2026.

Questions about 1705, Iris Blue Tower

What did unit 1705 last sell for?

AED 2,372,093 on 19 June 2014, sold by the developer: AED 1,729 per sqft for 1,371 sqft. It is the only registered sale of the unit.

What is the rent for unit 1705?

AED 175,000 a year on the contract renewed on 10 September 2026. The previous contract, from September 2025, was AED 175,000; the unit has been rented since February 2015.

How big is unit 1705?

1,371 sqft (127.4 sqm): a two-bedroom apartment on the 17th floor of a 28-storey tower completed in 2008.

What is unit 1705 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 1705, Iris Blue Tower

Starts from the last sale price (AED 2.37M, 19 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,372,093
Deposit, UAE resident (20%)
AED 474,419
Deposit, non-resident (40%)
AED 948,837
Monthly over 25 years at 3.7%
AED 9,705

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