2-bed · 1,371 sqftIris Blue Tower, Dubai Marina · 19th floor · completed 2008

1904, Iris Blue Tower

Sold prices and rental history: sold once, by the developer in January 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1904 · DLD and Ejari recordsUpdated 6 January 2025
Last soldAED 1.87M3 January 2012
Current rentAED 145K /yr6 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1904, Iris Blue Tower

What is 1904 worth today?

Last sold for AED 1,873,417 in 2012

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6 Jan 2025RentedNew contract
AED 145,000/yr12 months · AED 106 per sqft
6 Jan 2025RentedNew contract
AED 145,000/yr12 months · AED 106 per sqft
12 Dec 2022RentedNew contract
AED 135,000/yr12 months · AED 99 per sqft
5 Dec 2021RentedRenewal
AED 90,000/yr12 months · AED 66 per sqft
5 Dec 2020RentedNew contract
AED 90,000/yr12 months · AED 66 per sqft
1 Nov 2019RentedNew contract
AED 110,000/yr12 months · AED 80 per sqft
14 Oct 2016RentedNew contract
AED 140,000/yr12 months · AED 102 per sqft
6 Jan 2014RentedNew contract
AED 125,000/yr12 months · AED 91 per sqft

Source: Dubai Land Department. Updated 6 January 2025.

Key facts

Type
2-bed apartment
Size
1,371 sqft
Floor
19th of 28
Parking
P2-51
Developer
SHETH ESTATE (INTERNATIONAL)
Completed
2008
Service charge
AED 34,000 /yr
Last sold
AED 1.87M · January 2012

About 1904, Iris Blue Tower

1904 is a two-bedroom apartment of 1,371 sqft on the 19th floor of Iris Blue Tower, a 28-storey tower in Dubai Marina completed in 2008 by SHETH ESTATE (INTERNATIONAL). The developer sold it on 3 January 2012 for AED 1,873,417, or AED 1,366 per sqft, in line with the AED 1,355 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 6 January 2025, is AED 145,000 a year: a gross yield of 7.7% on the 2012 price, before the service charge of about AED 34,000 a year.

Sales and rents for 1904 over time

Sales
Unit 1904, 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, January 2012: AED 1,873,417 (AED 1,366 per sqft)

1904 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1904, 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, January 2014: AED 125,000 a yearNew contract, October 2016: AED 140,000 a yearNew contract, November 2019: AED 110,000 a yearNew contract, December 2020: AED 90,000 a yearRenewal, December 2021: AED 90,000 a yearNew contract, December 2022: AED 135,000 a yearNew contract, January 2025: AED 145,000 a yearNew contract, January 2025: AED 145,000 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 1904 sits

All 94 2-beds →

1904 last sold in January 2012 at AED 1,366 per sqft, in line with what two-beds in Iris Blue Tower were fetching at the time (AED 1,355). 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. 1904's AED 145,000 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 19th floor

All 158 units in Iris Blue Tower
Value
19012-bedAED 2.95M · Oct 2025
19022-bedAED 2.58M · Mar 2016
19031-bedAED 1.28M · Aug 2017
19052-bedAED 2.2M · Dec 2012
19061-bedAED 1.35M · May 2022

1904, Iris Blue Tower in numbers

  • Sold once: by SHETH ESTATE (INTERNATIONAL) on 3 January 2012 for AED 1,873,417, or AED 1,366 per sqft.
  • Rented since January 2014 on 8 Ejari contracts. The rent fell from AED 125,000 to AED 90,000 in 2021 and recovered to AED 145,000 by January 2025.
  • At AED 145,000 a year the gross yield on the 2012 price is 7.7%, 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 6 January 2025.

Questions about 1904, Iris Blue Tower

What did unit 1904 last sell for?

AED 1,873,417 on 3 January 2012, sold by the developer: AED 1,366 per sqft for 1,371 sqft. It is the only registered sale of the unit.

What is the rent for unit 1904?

AED 145,000 a year on the contract signed on 6 January 2025. The previous contract, from January 2025, was AED 145,000; the unit has been rented since January 2014.

How big is unit 1904?

1,371 sqft (127.4 sqm): a two-bedroom apartment on the 19th floor of a 28-storey tower completed in 2008.

What is unit 1904 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 1904, Iris Blue Tower

Starts from the last sale price (AED 1.87M, 3 January 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,873,417
Deposit, UAE resident (20%)
AED 374,683
Deposit, non-resident (40%)
AED 749,367
Monthly over 25 years at 3.7%
AED 7,665

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