202, Iris Blue Tower
Sold prices and rental history: sold twice, last in May 2022, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 202, Iris Blue Tower
What is 202 worth today?
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Source: Dubai Land Department. Updated 30 May 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,326 sqft
- Floor
- 2nd of 28
- Parking
- P2-32,33
- Developer
- SHETH ESTATE (INTERNATIONAL)
- Completed
- 2008
- Service charge
- AED 32,800 /yr
- Last sold
- AED 2.05M · May 2022
- Building
- Iris Blue Tower
About 202, Iris Blue Tower
202 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 30 May 2022 for AED 2,050,000, or AED 1,546 per sqft, 13% above the AED 1,374 two-beds in the building were fetching at the time.
It has been rented since 2016 on 2 Ejari contracts. The current contract, signed on 27 September 2020, is AED 107,000 a year: a gross yield of 5.2% on the 2022 price, before the service charge of about AED 32,800 a year.
Sales and rents for 202 over time
202 has sold twice; 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 202 sits
All 94 2-beds →202 last sold in May 2022 at AED 1,546 per sqft, 13% above what two-beds in Iris Blue Tower were fetching at the time (AED 1,374). 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. 202's AED 107,000 is at the bottom 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 | |||||
|---|---|---|---|---|---|
| 201 | 2-bed | 1,326 sqft | AED 2.7MAED 2,700,000 · Oct 2024October 2024 | 125,000 /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 |
202, Iris Blue Tower in numbers
- Sold twice: first on 20 March 2014 for AED 1,849,395, last on 30 May 2022 for AED 2,050,000 (AED 1,546 per sqft).
- Rented since September 2016 on 2 Ejari contracts, from AED 160,000 to AED 107,000 a year.
- At AED 107,000 a year the gross yield on the 2022 price is 5.2%, 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 30 May 2022.
Questions about 202, Iris Blue Tower
What did unit 202 last sell for?
AED 2,050,000 on 30 May 2022: AED 1,546 per sqft for 1,326 sqft. The unit has 2 registered sales; the first was AED 1,849,395 in March 2014.
What is the rent for unit 202?
AED 107,000 a year on the contract signed on 27 September 2020. The previous contract, from September 2016, was AED 160,000.
How big is unit 202?
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 202 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 202, Iris Blue Tower
Starts from the last sale price (AED 2.05M, 30 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,050,000
- Deposit, UAE resident (20%)
- AED 410,000
- Deposit, non-resident (40%)
- AED 820,000
- Monthly over 25 years at 3.7%
- AED 8,387
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →