204, Iris Blue Tower
Sold prices and rental history: sold twice, last in August 2023, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 204, Iris Blue Tower
What is 204 worth today?
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Source: Dubai Land Department. Updated 29 August 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,371 sqft
- Floor
- 2nd of 28
- Parking
- P3-41
- Developer
- SHETH ESTATE (INTERNATIONAL)
- Completed
- 2008
- Service charge
- AED 34,000 /yr
- Last sold
- AED 1.85M · August 2023
- Building
- Iris Blue Tower
About 204, Iris Blue Tower
204 is a two-bedroom apartment of 1,371 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 9 August 2023 for AED 1,850,000, or AED 1,349 per sqft, 15% below the AED 1,584 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 29 August 2025, is AED 145,000 a year: a gross yield of 7.8% on the 2023 price, before the service charge of about AED 34,000 a year.
Sales and rents for 204 over time
204 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 204 sits
All 94 2-beds →204 last sold in August 2023 at AED 1,349 per sqft, 15% below what two-beds in Iris Blue Tower were fetching at the time (AED 1,584). 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. 204's AED 145,000 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 | |||||
|---|---|---|---|---|---|
| 201 | 2-bed | 1,326 sqft | AED 2.7MAED 2,700,000 · Oct 2024October 2024 | 125,000 /yr | |
| 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 | |
| 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 |
204, Iris Blue Tower in numbers
- Sold twice: first on 12 June 2013 for AED 1,500,000, last on 9 August 2023 for AED 1,850,000 (AED 1,349 per sqft).
- Rented since January 2021 on 6 Ejari contracts, from AED 80,000 to AED 145,000 a year.
- At AED 145,000 a year the gross yield on the 2023 price is 7.8%, 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 29 August 2025.
Questions about 204, Iris Blue Tower
What did unit 204 last sell for?
AED 1,850,000 on 9 August 2023: AED 1,349 per sqft for 1,371 sqft. The unit has 2 registered sales; the first was AED 1,500,000 in June 2013.
What is the rent for unit 204?
AED 145,000 a year on the contract signed on 29 August 2025. The previous contract, from January 2025, was AED 150,000; the unit has been rented since January 2021.
How big is unit 204?
1,371 sqft (127.4 sqm): a two-bedroom apartment on the 2nd floor of a 28-storey tower completed in 2008.
What is unit 204 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 204, Iris Blue Tower
Starts from the last sale price (AED 1.85M, 9 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,850,000
- Deposit, UAE resident (20%)
- AED 370,000
- Deposit, non-resident (40%)
- AED 740,000
- Monthly over 25 years at 3.7%
- AED 7,569
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →