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2-bed · 1,326 sqftIris Blue Tower, Dubai Marina · 18th floor · completed 2008

1802, Iris Blue Tower

Sold prices and rental history: sold once, by the developer in June 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1802 · DLD and Ejari recordsUpdated 7 June 2015
Last soldAED 1.86M7 June 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1802, Iris Blue Tower

What is 1802 worth today?

Last sold for AED 1,863,551 in 2015

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7 Jun 2015Sold by developerReady
AED 1,863,551AED 1,405 per sqft

Source: Dubai Land Department. Updated 7 June 2015.

Key facts

Type
2-bed apartment
Size
1,326 sqft
Floor
18th of 28
Parking
P3-30
Developer
SHETH ESTATE (INTERNATIONAL)
Completed
2008
Service charge
AED 32,800 /yr
Last sold
AED 1.86M · June 2015
Building
Iris Blue Tower

About 1802, Iris Blue Tower

1802 is a two-bedroom apartment of 1,326 sqft on the 18th floor of Iris Blue Tower, a 28-storey tower in Dubai Marina completed in 2008 by SHETH ESTATE (INTERNATIONAL). The developer sold it on 7 June 2015 for AED 1,863,551, or AED 1,405 per sqft, 27% below the AED 1,914 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1802 over time

Sales
Unit 1802, 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 2015: AED 1,863,551 (AED 1,405 per sqft)

1802 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1802, 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 1802 sits

All 94 2-beds →

1802 last sold in June 2015 at AED 1,405 per sqft, 27% below what two-beds in Iris Blue Tower were fetching at the time (AED 1,914). 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 18th floor

All 158 units in Iris Blue Tower
Value
18012-bedAED 1.78M · Feb 2013
18031-bedAED 1.21M · Mar 2016
18042-bedAED 47K · Jul 2026
18052-bedAED 1.4M · Oct 2019
18061-bedAED 900K · Dec 2013

1802, Iris Blue Tower in numbers

  • Sold once: by SHETH ESTATE (INTERNATIONAL) on 7 June 2015 for AED 1,863,551, or AED 1,405 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 7 June 2015.

Questions about 1802, Iris Blue Tower

What did unit 1802 last sell for?

AED 1,863,551 on 7 June 2015, sold by the developer: AED 1,405 per sqft for 1,326 sqft. It is the only registered sale of the unit.

How big is unit 1802?

1,326 sqft (123.2 sqm): a two-bedroom apartment on the 18th floor of a 28-storey tower completed in 2008.

What is unit 1802 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 1802, Iris Blue Tower

Starts from the last sale price (AED 1.86M, 7 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,863,551
Deposit, UAE resident (20%)
AED 372,710
Deposit, non-resident (40%)
AED 745,420
Monthly over 25 years at 3.7%
AED 7,624

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