201, Iris Blue Tower
Sold prices and rental history: sold 3 times, last in October 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 201, Iris Blue Tower
What is 201 worth today?
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Source: Dubai Land Department. Updated 31 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,326 sqft
- Floor
- 2nd of 28
- Parking
- P1-2
- Developer
- SHETH ESTATE (INTERNATIONAL)
- Completed
- 2008
- Service charge
- AED 32,800 /yr
- Last sold
- AED 2.7M · October 2024
- Building
- Iris Blue Tower
About 201, Iris Blue Tower
201 is a two-bedroom apartment of 1,326 sqft on the 2nd floor of Iris Blue Tower, a 28-storey tower in Dubai Marina completed in 2008 by SHETH ESTATE (INTERNATIONAL). It last sold on 31 October 2024 for AED 2,700,000, or AED 2,036 per sqft, 14% above the AED 1,793 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 29 June 2023, is AED 125,000 a year: a gross yield of 4.6% on the 2024 price, before the service charge of about AED 32,800 a year.
Sales and rents for 201 over time
201 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 201 sits
All 94 2-beds →201 last sold in October 2024 at AED 2,036 per sqft, 14% above what two-beds in Iris Blue Tower were fetching at the time (AED 1,793). 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. 201's AED 125,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Oct 202626 October 2026 | 1,371 sqft | 2,424,250 | 1,767 | ||
| 28 Sep 202628 September 2026 | 1,371 sqft | 2,900,000 | 2,114 | ||
| 4 Sep 20264 September 2026 | 1,326 sqft | 2,900,000 | 2,187 | ||
| 4 Aug 20264 August 2026 | 1,326 sqft | 25,867 | 19 |
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 2nd floor
All 158 units in Iris Blue Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 202 | 2-bed | 1,326 sqft | AED 2.05MAED 2,050,000 · May 2022May 2022 | 107,000 /yr | |
| 203 | 1-bed | 736 sqft | AED 1.25MAED 1,250,000 · Mar 2024March 2024 | 80,000 /yr | |
| 204 | 2-bed | 1,371 sqft | AED 1.85MAED 1,850,000 · Aug 2023August 2023 | 145,000 /yr | |
| 205 | 2-bed | 1,371 sqft | AED 2.9MAED 2,900,000 · Sep 2026September 2026 | 140,000 /yr | |
| 206 | 1-bed | 736 sqft | AED 1.4MAED 1,400,000 · Feb 2018February 2018 | 99,000 /yr |
201, Iris Blue Tower in numbers
- Sold 3 times: first on 6 August 2013 for AED 1,356,900, last on 31 October 2024 for AED 2,700,000 (AED 2,036 per sqft).
- Rented since December 2014 on 5 Ejari contracts. The rent fell from AED 177,500 to AED 105,000 in 2020 and recovered to AED 125,000 by June 2023.
- At AED 125,000 a year the gross yield on the 2024 price is 4.6%, before a service charge of about AED 32,800 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 31 October 2024.
Questions about 201, Iris Blue Tower
What did unit 201 last sell for?
AED 2,700,000 on 31 October 2024: AED 2,036 per sqft for 1,326 sqft. The unit has 3 registered sales; the first was AED 1,356,900 in August 2013.
What is the rent for unit 201?
AED 125,000 a year on the contract signed on 29 June 2023. The previous contract, from June 2020, was AED 105,000; the unit has been rented since December 2014.
How big is unit 201?
1,326 sqft (123.2 sqm): a two-bedroom apartment on the 2nd floor of a 28-storey tower completed in 2008.
What is unit 201 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 201, Iris Blue Tower
Starts from the last sale price (AED 2.7M, 31 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,700,000
- Deposit, UAE resident (20%)
- AED 540,000
- Deposit, non-resident (40%)
- AED 1,080,000
- Monthly over 25 years at 3.7%
- AED 11,047
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →