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1-bed · 736 sqftIris Blue Tower, Dubai Marina · 17th floor · completed 2008

1706, Iris Blue Tower

Sold prices and rental history: sold 4 times, last in April 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1706 · DLD and Ejari recordsUpdated 26 April 2017
Last soldAED 1.6M26 April 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1706, Iris Blue Tower

What is 1706 worth today?

Last sold for AED 1,600,000 in 2017

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26 Apr 2017SoldReady
AED 1,600,000AED 2,173 per sqft
28 Aug 2016SoldReady
AED 1,600,000AED 2,173 per sqft
17 Dec 2012SoldReady
AED 1,035,000AED 1,406 per sqft
27 Nov 2012Sold by developerReady
AED 1,091,760AED 1,483 per sqft

Source: Dubai Land Department. Updated 26 April 2017.

Key facts

Type
1-bed apartment
Size
736 sqft
Floor
17th of 28
Parking
P2-46
Developer
SHETH ESTATE (INTERNATIONAL)
Completed
2008
Service charge
AED 18,200 /yr
Last sold
AED 1.6M · April 2017
Building
Iris Blue Tower

About 1706, Iris Blue Tower

1706 is a one-bedroom apartment of 736 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 26 April 2017 for AED 1,600,000, or AED 2,173 per sqft, 25% above the AED 1,739 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1706 over time

Sales
Unit 1706, each saleTypical one-bed in Iris Blue Tower
1M2M2011201520192023Typical sale price by year: 2011 AED 864,250; 2012 AED 961,000; 2013 AED 1,010,884; 2014 AED 979,063; 2016 AED 1,312,500; 2017 AED 1,375,000; 2018 AED 1,400,000; 2019 AED 1,000,000; 2021 AED 865,000; 2023 AED 1,220,000; 2024 AED 1,600,000; 2025 AED 2,000,000Sold by developer, November 2012: AED 1,091,760 (AED 1,483 per sqft)Sold, December 2012: AED 1,035,000 (AED 1,406 per sqft)Sold, August 2016: AED 1,600,000 (AED 2,173 per sqft)Sold, April 2017: AED 1,600,000 (AED 2,173 per sqft)

1706 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1706, each contractTypical one-bed in Iris Blue Tower
80K100K2013201720212025Typical rent by year: 2013 AED 85,000; 2014 AED 90,000; 2015 AED 102,500; 2016 AED 102,000; 2017 AED 100,000; 2018 AED 95,163; 2019 AED 81,154; 2020 AED 68,000; 2021 AED 70,000; 2022 AED 75,000; 2023 AED 90,000; 2024 AED 95,000; 2025 AED 99,000; 2026 AED 92,000

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Iris Blue Tower, and where 1706 sits

All 48 1-beds →

1706 last sold in April 2017 at AED 2,173 per sqft, 25% above what one-beds in Iris Blue Tower were fetching at the time (AED 1,739). Over the last 12 months one-beds sold for AED 1,277,000 to 1,575,000, around AED 1,937 per sqft, and rent for AED 74,000 to 130,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Aug 20261,575,000
7 Aug 20261,277,000
31 Jul 202629,492
14 Jan 202634,331
4 1-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
17052-bedAED 2.37M · Jun 2014

1706, Iris Blue Tower in numbers

  • Sold 4 times: first on 27 November 2012 for AED 1,091,760, last on 26 April 2017 for AED 1,600,000 (AED 2,173 per sqft).
  • One-beds in Iris Blue Tower sold for AED 1,277,000–1,575,000 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 26 April 2017.

Questions about 1706, Iris Blue Tower

What did unit 1706 last sell for?

AED 1,600,000 on 26 April 2017: AED 2,173 per sqft for 736 sqft. The unit has 4 registered sales; the first was AED 1,091,760 in November 2012.

How big is unit 1706?

736 sqft (68.4 sqm): a one-bedroom apartment on the 17th floor of a 28-storey tower completed in 2008.

What is unit 1706 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Iris Blue Tower sold for AED 1,277,000 to 1,575,000 in the last 12 months, around AED 1,937 per sqft.

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Mortgage on 1706, Iris Blue Tower

Starts from the last sale price (AED 1.6M, 26 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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