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

2102, Iris Blue Tower

Sold prices and rental history: sold 6 times, last in August 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2102 · DLD and Ejari recordsUpdated 1 August 2022
Last soldAED 2.2M1 August 2022
Current rentAED 120K /yr10 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2102, Iris Blue Tower

What is 2102 worth today?

Last sold for AED 2,200,000 in 2022

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1 Aug 2022SoldReady
AED 2,200,000AED 1,659 per sqft
10 Feb 2021RentedNew contract
AED 120,000/yr12 months · AED 91 per sqft
25 Sep 2020RentedRenewal
AED 118,000/yr12 months · AED 89 per sqft
25 Sep 2019RentedNew contract
AED 132,000/yr12 months · AED 100 per sqft
4 Feb 2018SoldReady
AED 2,200,000AED 1,659 per sqft
8 Jun 2016SoldReady
AED 2,400,000AED 1,810 per sqft
18 Feb 2014RentedNew contract
AED 140,000/yr12 months · AED 106 per sqft
21 May 2013SoldReady
AED 2,300,000AED 1,735 per sqft

Source: Dubai Land Department. Updated 1 August 2022.

Key facts

Type
2-bed apartment
Size
1,326 sqft
Floor
21st of 28
Parking
P3-38
Developer
SHETH ESTATE (INTERNATIONAL)
Completed
2008
Service charge
AED 32,800 /yr
Last sold
AED 2.2M · August 2022
Building
Iris Blue Tower

About 2102, Iris Blue Tower

2102 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 1 August 2022 for AED 2,200,000, or AED 1,659 per sqft, 10% above the AED 1,508 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 10 February 2021, is AED 120,000 a year: a gross yield of 5.5% on the 2022 price, before the service charge of about AED 32,800 a year.

Sales and rents for 2102 over time

Sales
Unit 2102, 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, December 2011: AED 1,750,000 (AED 1,320 per sqft)Sold by developer, December 2011: AED 2,293,585 (AED 1,730 per sqft)Sold, May 2013: AED 2,300,000 (AED 1,735 per sqft)Sold, June 2016: AED 2,400,000 (AED 1,810 per sqft)Sold, February 2018: AED 2,200,000 (AED 1,659 per sqft)Sold, August 2022: AED 2,200,000 (AED 1,659 per sqft)

2102 has sold 6 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2102, 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, February 2013: AED 140,000 a yearNew contract, February 2014: AED 140,000 a yearNew contract, September 2019: AED 132,000 a yearRenewal, September 2020: AED 118,000 a yearNew contract, February 2021: AED 120,000 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 2102 sits

All 94 2-beds →

2102 last sold in August 2022 at AED 1,659 per sqft, 10% above what two-beds in Iris Blue Tower were fetching at the time (AED 1,508). 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. 2102's AED 120,000 is at the bottom 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
21012-bedAED 2.65M · Apr 2015
21031-bedAED 830K · Sep 2021
21042-bedAED 2.6M · Apr 2014
21052-bedAED 2M · Sep 2012
21061-bedAED 1.48M · Jan 2023

2102, Iris Blue Tower in numbers

  • Sold 6 times: first on 12 December 2011 for AED 2,293,585, last on 1 August 2022 for AED 2,200,000 (AED 1,659 per sqft).
  • Rented since February 2013 on 5 Ejari contracts, from AED 140,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2022 price is 5.5%, 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 1 August 2022.

Questions about 2102, Iris Blue Tower

What did unit 2102 last sell for?

AED 2,200,000 on 1 August 2022: AED 1,659 per sqft for 1,326 sqft. The unit has 6 registered sales; the first was AED 2,293,585 in December 2011.

What is the rent for unit 2102?

AED 120,000 a year on the contract signed on 10 February 2021. The previous contract, from September 2020, was AED 118,000; the unit has been rented since February 2013.

How big is unit 2102?

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 2102 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 2102, Iris Blue Tower

Starts from the last sale price (AED 2.2M, 1 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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