1-bed · 736 sqftIris Blue Tower, Dubai Marina · 2nd floor · completed 2008

203, Iris Blue Tower

Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 26 July 2026
Last soldAED 1.25M28 March 2024
Current rentAED 80K /yr26 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Iris Blue Tower

What is 203 worth today?

Last sold for AED 1,250,000 in 2024

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26 Jul 2026RentedNew contract
AED 80,000/yr12 months · AED 109 per sqft
24 Jul 2025RentedRenewal
AED 110,000/yr12 months · AED 150 per sqft
24 Jul 2024RentedNew contract
AED 110,000/yr12 months · AED 150 per sqft
28 Mar 2024SoldReady
AED 1,250,000AED 1,698 per sqft
31 Aug 2023RentedNew contract
AED 90,000/yr12 months · AED 123 per sqft
23 Dec 2022RentedNew contract
AED 90,000/yr12 months · AED 123 per sqft
20 Aug 2021RentedNew contract
AED 75,000/yr12 months · AED 102 per sqft
1 Jul 2019RentedNew contract
AED 75,000/yr12 months · AED 102 per sqft

Source: Dubai Land Department. Updated 26 July 2026.

Key facts

Type
1-bed apartment
Size
736 sqft
Floor
2nd of 28
Parking
P1-3
Developer
SHETH ESTATE (INTERNATIONAL)
Completed
2008
Service charge
AED 18,200 /yr
Last sold
AED 1.25M · March 2024

About 203, Iris Blue Tower

203 is a one-bedroom apartment of 736 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 28 March 2024 for AED 1,250,000, or AED 1,698 per sqft, in line with the AED 1,698 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, signed on 26 July 2026, is AED 80,000 a year: a gross yield of 6.4% on the 2024 price, before the service charge of about AED 18,200 a year.

Sales and rents for 203 over time

Sales
Unit 203, 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, September 2013: AED 690,400 (AED 937 per sqft)Sold, March 2024: AED 1,250,000 (AED 1,698 per sqft)

203 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 203, each contractTypical one-bed in Iris Blue Tower
75K100K2013201720212025Typical 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, November 2014: AED 115,000 a yearRenewal, November 2015: AED 115,000 a yearRenewal, November 2016: AED 115,000 a yearRenewal, November 2017: AED 115,000 a yearNew contract, July 2019: AED 75,000 a yearNew contract, August 2021: AED 75,000 a yearNew contract, December 2022: AED 90,000 a yearNew contract, August 2023: AED 90,000 a yearNew contract, July 2024: AED 110,000 a yearRenewal, July 2025: AED 110,000 a yearNew contract, July 2026: AED 80,000 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 203 sits

All 48 1-beds →

203 last sold in March 2024 at AED 1,698 per sqft, in line with what one-beds in Iris Blue Tower were fetching at the time (AED 1,698). 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. 203's AED 80,000 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 2nd floor

All 158 units in Iris Blue Tower
Value
2012-bedAED 2.7M · Oct 2024
2022-bedAED 2.05M · May 2022
2042-bedAED 1.85M · Aug 2023
2052-bedAED 2.9M · Sep 2026
2061-bedAED 1.4M · Feb 2018

203, Iris Blue Tower in numbers

  • Sold twice: first on 19 September 2013 for AED 690,400, last on 28 March 2024 for AED 1,250,000 (AED 1,698 per sqft).
  • Rented since November 2014 on 11 Ejari contracts, from AED 115,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2024 price is 6.4%, 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 26 July 2026.

Questions about 203, Iris Blue Tower

What did unit 203 last sell for?

AED 1,250,000 on 28 March 2024: AED 1,698 per sqft for 736 sqft. The unit has 2 registered sales; the first was AED 690,400 in September 2013.

What is the rent for unit 203?

AED 80,000 a year on the contract signed on 26 July 2026. The previous contract, from July 2025, was AED 110,000; the unit has been rented since November 2014.

How big is unit 203?

736 sqft (68.4 sqm): a one-bedroom apartment on the 2nd floor of a 28-storey tower completed in 2008.

What is unit 203 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 203, Iris Blue Tower

Starts from the last sale price (AED 1.25M, 28 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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