2203, Iris Blue Tower
Sold prices and rental history: sold once, by the developer in July 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2203, Iris Blue Tower
What is 2203 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 6 December 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 736 sqft
- Floor
- 22nd of 28
- Parking
- P2-54
- Developer
- SHETH ESTATE (INTERNATIONAL)
- Completed
- 2008
- Service charge
- AED 18,200 /yr
- Last sold
- AED 1000K · July 2011
- Building
- Iris Blue Tower
About 2203, Iris Blue Tower
2203 is a one-bedroom apartment of 736 sqft on the 22nd floor of Iris Blue Tower, a 28-storey tower in Dubai Marina completed in 2008 by SHETH ESTATE (INTERNATIONAL). The developer sold it on 26 July 2011 for AED 999,548, or AED 1,358 per sqft, 14% above the AED 1,195 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 6 December 2023, is AED 81,462 a year: a gross yield of 8.2% on the 2011 price, before the service charge of about AED 18,200 a year.
Sales and rents for 2203 over time
2203 has sold once; the dashed line is the one-bed median of each year in the building.
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 2203 sits
All 48 1-beds →2203 last sold in July 2011 at AED 1,358 per sqft, 14% above what one-beds in Iris Blue Tower were fetching at the time (AED 1,195). 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. 2203's AED 81,462 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Aug 202619 August 2026 | 736 sqft | 1,575,000 | 2,139 | ||
| 7 Aug 20267 August 2026 | 736 sqft | 1,277,000 | 1,734 | ||
| 31 Jul 202631 July 2026 | 736 sqft | 29,492 | 40 | ||
| 14 Jan 202614 January 2026 | 736 sqft | 34,331 | 46 |
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 22nd floor
All 158 units in Iris Blue Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2201 | 2-bed | 1,326 sqft | AED 2.29MAED 2,293,585 · May 2014May 2014 | 135,000 /yr | |
| 2202 | 2-bed | 1,326 sqft | AED 1.91MAED 1,914,497 · Oct 2011October 2011 | 125,000 /yr | |
| 2204 | 2-bed | 1,371 sqft | AED 1.73MAED 1,725,000 · Feb 2019February 2019 | 55,000 /yr | |
| 2205 | 2-bed | 1,371 sqft | AED 1.5MAED 1,500,000 · Sep 2019September 2019 | 140,000 /yr | |
| 2206 | 1-bed | 736 sqft | AED 1.33MAED 1,325,000 · Feb 2016February 2016 | 95,000 /yr |
2203, Iris Blue Tower in numbers
- Sold once: by SHETH ESTATE (INTERNATIONAL) on 26 July 2011 for AED 999,548, or AED 1,358 per sqft.
- Rented since September 2013 on 10 Ejari contracts, from AED 85,000 to AED 81,462 a year.
- At AED 81,462 a year the gross yield on the 2011 price is 8.2%, 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 6 December 2023.
Questions about 2203, Iris Blue Tower
What did unit 2203 last sell for?
AED 999,548 on 26 July 2011, sold by the developer: AED 1,358 per sqft for 736 sqft. It is the only registered sale of the unit.
What is the rent for unit 2203?
AED 81,462 a year on the contract renewed on 6 December 2023. The previous contract, from December 2021, was AED 75,000; the unit has been rented since September 2013.
How big is unit 2203?
736 sqft (68.4 sqm): a one-bedroom apartment on the 22nd floor of a 28-storey tower completed in 2008.
What is unit 2203 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.
Selling 2203? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 2203, Iris Blue Tower
Starts from the last sale price (AED 1000K, 26 July 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 999,548
- Deposit, UAE resident (20%)
- AED 199,910
- Deposit, non-resident (40%)
- AED 399,819
- Monthly over 25 years at 3.7%
- AED 4,089
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →