2003, Iris Blue Tower
Sold prices and rental history: sold 3 times, last in January 2023, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2003, Iris Blue Tower
What is 2003 worth today?
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Source: Dubai Land Department. Updated 16 January 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 736 sqft
- Floor
- 20th of 28
- Parking
- P1-6
- Developer
- SHETH ESTATE (INTERNATIONAL)
- Completed
- 2008
- Service charge
- AED 18,200 /yr
- Last sold
- AED 1.2M · January 2023
- Building
- Iris Blue Tower
About 2003, Iris Blue Tower
2003 is a one-bedroom apartment of 736 sqft on the 20th floor of Iris Blue Tower, a 28-storey tower in Dubai Marina completed in 2008 by SHETH ESTATE (INTERNATIONAL). It last sold on 16 January 2023 for AED 1,200,000, or AED 1,630 per sqft, in line with the AED 1,630 one-beds in the building were fetching at the time.
It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 1 August 2021, is AED 57,000 a year: a gross yield of 4.8% on the 2023 price, before the service charge of about AED 18,200 a year.
Sales and rents for 2003 over time
2003 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 2003 sits
All 48 1-beds →2003 last sold in January 2023 at AED 1,630 per sqft, in line with what one-beds in Iris Blue Tower were fetching at the time (AED 1,630). 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. 2003's AED 57,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Aug 202619 August 2026 | 736 sqft | 1,575,000 | 2,139 | ||
| 7 Aug 20267 August 2026 | 736 sqft | 1,277,000 | 1,734 | ||
| 31 Jul 202631 July 2026 | 736 sqft | 29,492 | 40 | ||
| 14 Jan 202614 January 2026 | 736 sqft | 34,331 | 46 |
Iris Blue Tower
Building158 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%
Other units on the 20th floor
All 158 units in Iris Blue Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 2-bed | 1,326 sqft | AED 1.54MAED 1,535,100 · Jun 2014June 2014 | 126,000 /yr | |
| 2002 | 2-bed | 1,326 sqft | AED 2.8MAED 2,800,000 · Jul 2025July 2025 | 168,890 /yr | |
| 2004 | 2-bed | 1,371 sqft | AED 2.38MAED 2,375,000 · Jun 2026June 2026 | 125,000 /yr | |
| 2005 | 2-bed | 1,371 sqft | AED 2.35MAED 2,350,000 · Jul 2017July 2017 | 130,000 /yr | |
| 2006 | 1-bed | 736 sqft | AED 1.45MAED 1,450,000 · Jan 2018January 2018 | 85,000 /yr |
2003, Iris Blue Tower in numbers
- Sold 3 times: first on 30 January 2012 for AED 783,000, last on 16 January 2023 for AED 1,200,000 (AED 1,630 per sqft).
- Rented since July 2018 on 3 Ejari contracts, from AED 85,000 to AED 57,000 a year.
- At AED 57,000 a year the gross yield on the 2023 price is 4.8%, 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 16 January 2023.
Questions about 2003, Iris Blue Tower
What did unit 2003 last sell for?
AED 1,200,000 on 16 January 2023: AED 1,630 per sqft for 736 sqft. The unit has 3 registered sales; the first was AED 783,000 in January 2012.
What is the rent for unit 2003?
AED 57,000 a year on the contract signed on 1 August 2021. The previous contract, from August 2020, was AED 58,000; the unit has been rented since July 2018.
How big is unit 2003?
736 sqft (68.4 sqm): a one-bedroom apartment on the 20th floor of a 28-storey tower completed in 2008.
What is unit 2003 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 2003, Iris Blue Tower
Starts from the last sale price (AED 1.2M, 16 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,200,000
- Deposit, UAE resident (20%)
- AED 240,000
- Deposit, non-resident (40%)
- AED 480,000
- Monthly over 25 years at 3.7%
- AED 4,910
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →