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1-bed · 736 sqftIris Blue Tower, Dubai Marina · 18th floor · completed 2008

1803, Iris Blue Tower

Sold prices and rental history: sold 3 times, last in March 2016, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1803 · DLD and Ejari recordsUpdated 3 March 2016
Last soldAED 1.21M3 March 2016
Current rentAED 81K /yr3 September 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1803, Iris Blue Tower

What is 1803 worth today?

Last sold for AED 1,210,000 in 2016

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3 Mar 2016SoldReady
AED 1,210,000AED 1,643 per sqft
3 Sep 2015RentedRenewal
AED 80,617/yr4 months · AED 110 per sqft
3 Sep 2014RentedNew contract
AED 80,500/yr12 months · AED 110 per sqft
4 Sep 2013RentedNew contract
AED 70,000/yr12 months · AED 96 per sqft
25 Aug 2013SoldReady
AED 1,120,000AED 1,521 per sqft
7 Jul 2013Sold by developerReady
AED 1,012,958AED 1,376 per sqft

Source: Dubai Land Department. Updated 3 March 2016.

Key facts

Type
1-bed apartment
Size
736 sqft
Floor
18th of 28
Parking
P2-47
Developer
SHETH ESTATE (INTERNATIONAL)
Completed
2008
Service charge
AED 18,200 /yr
Last sold
AED 1.21M · March 2016
Building
Iris Blue Tower

About 1803, Iris Blue Tower

1803 is a one-bedroom apartment of 736 sqft on the 18th floor of Iris Blue Tower, a 28-storey tower in Dubai Marina completed in 2008 by SHETH ESTATE (INTERNATIONAL). It last sold on 3 March 2016 for AED 1,210,000, or AED 1,643 per sqft, 5% below the AED 1,722 one-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 3 September 2015, is AED 80,617 a year: a gross yield of 6.7% on the 2016 price, before the service charge of about AED 18,200 a year.

Sales and rents for 1803 over time

Sales
Unit 1803, 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, July 2013: AED 1,012,958 (AED 1,376 per sqft)Sold, August 2013: AED 1,120,000 (AED 1,521 per sqft)Sold, March 2016: AED 1,210,000 (AED 1,643 per sqft)

1803 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1803, 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 92,000New contract, September 2013: AED 70,000 a yearNew contract, September 2014: AED 80,500 a yearRenewal, September 2015: AED 80,617 a year

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 1803 sits

All 48 1-beds →

1803 last sold in March 2016 at AED 1,643 per sqft, 5% below what one-beds in Iris Blue Tower were fetching at the time (AED 1,722). 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. 1803's AED 80,617 is in the lower half of that range.

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 18th floor

All 158 units in Iris Blue Tower
Value
18012-bedAED 1.78M · Feb 2013
18022-bedAED 1.86M · Jun 2015
18042-bedAED 47K · Jul 2026
18052-bedAED 1.4M · Oct 2019
18061-bedAED 900K · Dec 2013

1803, Iris Blue Tower in numbers

  • Sold 3 times: first on 7 July 2013 for AED 1,012,958, last on 3 March 2016 for AED 1,210,000 (AED 1,643 per sqft).
  • Rented since September 2013 on 3 Ejari contracts, from AED 70,000 to AED 80,617 a year.
  • At AED 80,617 a year the gross yield on the 2016 price is 6.7%, before a service charge of about AED 18,200 a year (AED 24.76 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 3 March 2016.

Questions about 1803, Iris Blue Tower

What did unit 1803 last sell for?

AED 1,210,000 on 3 March 2016: AED 1,643 per sqft for 736 sqft. The unit has 3 registered sales; the first was AED 1,012,958 in July 2013.

What is the rent for unit 1803?

AED 80,617 a year on the contract renewed on 3 September 2015. The previous contract, from September 2014, was AED 80,500; the unit has been rented since September 2013.

How big is unit 1803?

736 sqft (68.4 sqm): a one-bedroom apartment on the 18th floor of a 28-storey tower completed in 2008.

What is unit 1803 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 1803, Iris Blue Tower

Starts from the last sale price (AED 1.21M, 3 March 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,210,000
Deposit, UAE resident (20%)
AED 242,000
Deposit, non-resident (40%)
AED 484,000
Monthly over 25 years at 3.7%
AED 4,950

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