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2-bed · 1,326 sqftIris Blue Tower, Dubai Marina · 21st floor · completed 2008

2101, Iris Blue Tower

Sold prices and rental history: sold twice, last in April 2015, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2101 · DLD and Ejari recordsUpdated 23 April 2015
Last soldAED 2.65M23 April 2015
Current rentAED 140K /yr1 March 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2101, Iris Blue Tower

What is 2101 worth today?

Last sold for AED 2,650,000 in 2015

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23 Apr 2015SoldReady
AED 2,650,000AED 1,999 per sqft
1 Mar 2014RentedNew contract
AED 140,000/yr12 months · AED 106 per sqft
1 Mar 2013RentedNew contract
AED 140,000/yr12 months · AED 106 per sqft
17 Feb 2013Sold by developerReady
AED 1,810,341AED 1,365 per sqft

Source: Dubai Land Department. Updated 23 April 2015.

Key facts

Type
2-bed apartment
Size
1,326 sqft
Floor
21st of 28
Parking
P1-60
Developer
SHETH ESTATE (INTERNATIONAL)
Completed
2008
Service charge
AED 32,800 /yr
Last sold
AED 2.65M · April 2015
Building
Iris Blue Tower

About 2101, Iris Blue Tower

2101 is a two-bedroom apartment of 1,326 sqft on the 21st floor of Iris Blue Tower, a 28-storey tower in Dubai Marina completed in 2008 by SHETH ESTATE (INTERNATIONAL). It last sold on 23 April 2015 for AED 2,650,000, or AED 1,999 per sqft, 16% above the AED 1,730 two-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 1 March 2014, is AED 140,000 a year: a gross yield of 5.3% on the 2015 price, before the service charge of about AED 32,800 a year.

Sales and rents for 2101 over time

Sales
Unit 2101, each saleTypical two-bed in Iris Blue Tower
2M3M20112015201920232027Typical sale price by year: 2011 AED 1,850,000; 2012 AED 1,886,709; 2013 AED 1,844,400; 2014 AED 2,293,585; 2015 AED 2,034,159; 2016 AED 2,425,000; 2017 AED 2,300,000; 2018 AED 2,005,500; 2019 AED 1,725,000; 2020 AED 1,600,000; 2021 AED 1,550,000; 2022 AED 2,100,000; 2023 AED 2,050,000; 2024 AED 2,530,000; 2025 AED 2,917,500; 2026 AED 2,850,000Sold by developer, February 2013: AED 1,810,341 (AED 1,365 per sqft)Sold, April 2015: AED 2,650,000 (AED 1,999 per sqft)

2101 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2101, each contractTypical two-bed in Iris Blue Tower
100K125K150K2012201620202024Typical rent by year: 2012 AED 140,000; 2013 AED 150,000; 2014 AED 160,000; 2015 AED 160,000; 2016 AED 160,000; 2017 AED 155,000; 2018 AED 140,000; 2019 AED 126,506; 2020 AED 108,000; 2021 AED 105,000; 2022 AED 121,024; 2023 AED 140,000; 2024 AED 160,000; 2025 AED 156,250; 2026 AED 140,000New contract, March 2013: AED 140,000 a yearNew contract, March 2014: AED 140,000 a year

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 2101 sits

All 94 2-beds →

2101 last sold in April 2015 at AED 1,999 per sqft, 16% above what two-beds in Iris Blue Tower were fetching at the time (AED 1,730). 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. 2101's AED 140,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Oct 20262,424,250
28 Sep 20262,900,000
4 Sep 20262,900,000
4 Aug 202625,867
10 2-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 21st floor

All 158 units in Iris Blue Tower
Value
21022-bedAED 2.2M · Aug 2022
21031-bedAED 830K · Sep 2021
21042-bedAED 2.6M · Apr 2014
21052-bedAED 2M · Sep 2012
21061-bedAED 1.48M · Jan 2023

2101, Iris Blue Tower in numbers

  • Sold twice: first on 17 February 2013 for AED 1,810,341, last on 23 April 2015 for AED 2,650,000 (AED 1,999 per sqft).
  • Rented since March 2013 on 2 Ejari contracts, at AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2015 price is 5.3%, 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 23 April 2015.

Questions about 2101, Iris Blue Tower

What did unit 2101 last sell for?

AED 2,650,000 on 23 April 2015: AED 1,999 per sqft for 1,326 sqft. The unit has 2 registered sales; the first was AED 1,810,341 in February 2013.

What is the rent for unit 2101?

AED 140,000 a year on the contract signed on 1 March 2014. The previous contract, from March 2013, was AED 140,000.

How big is unit 2101?

1,326 sqft (123.2 sqm): a two-bedroom apartment on the 21st floor of a 28-storey tower completed in 2008.

What is unit 2101 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 2101, Iris Blue Tower

Starts from the last sale price (AED 2.65M, 23 April 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,650,000
Deposit, UAE resident (20%)
AED 530,000
Deposit, non-resident (40%)
AED 1,060,000
Monthly over 25 years at 3.7%
AED 10,842

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