2204, Iris Blue Tower
Sold prices and rental history: sold twice, last in February 2019, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2204, Iris Blue Tower
What is 2204 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 11 April 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,371 sqft
- Floor
- 22nd of 28
- Parking
- P2-5
- Developer
- SHETH ESTATE (INTERNATIONAL)
- Completed
- 2008
- Service charge
- AED 34,000 /yr
- Last sold
- AED 1.73M · February 2019
- Building
- Iris Blue Tower
About 2204, Iris Blue Tower
2204 is a two-bedroom apartment of 1,371 sqft on the 22nd floor of Iris Blue Tower, a 28-storey tower in Dubai Marina completed in 2008 by SHETH ESTATE (INTERNATIONAL). It last sold on 25 February 2019 for AED 1,725,000, or AED 1,257 per sqft, 14% below the AED 1,462 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 11 April 2022, is AED 55,000 a year: a gross yield of 3.2% on the 2019 price, before the service charge of about AED 34,000 a year.
Sales and rents for 2204 over time
2204 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 2204 sits
All 94 2-beds →2204 last sold in February 2019 at AED 1,257 per sqft, 14% below what two-beds in Iris Blue Tower were fetching at the time (AED 1,462). 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. 2204's AED 55,000 is at the bottom 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 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 | |
| 2203 | 1-bed | 736 sqft | AED 1000KAED 999,548 · Jul 2011July 2011 | 81,462 /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 |
2204, Iris Blue Tower in numbers
- Sold twice: first on 9 June 2013 for AED 1,897,032, last on 25 February 2019 for AED 1,725,000 (AED 1,257 per sqft).
- Rented since April 2015 on 6 Ejari contracts. The rent fell from AED 160,000 to AED 8,000 in 2022 and recovered to AED 55,000 by April 2022.
- At AED 55,000 a year the gross yield on the 2019 price is 3.2%, 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 11 April 2022.
Questions about 2204, Iris Blue Tower
What did unit 2204 last sell for?
AED 1,725,000 on 25 February 2019: AED 1,257 per sqft for 1,371 sqft. The unit has 2 registered sales; the first was AED 1,897,032 in June 2013.
What is the rent for unit 2204?
AED 55,000 a year on the contract signed on 11 April 2022. The previous contract, from January 2022, was AED 8,000; the unit has been rented since April 2015.
How big is unit 2204?
1,371 sqft (127.4 sqm): a two-bedroom apartment on the 22nd floor of a 28-storey tower completed in 2008.
What is unit 2204 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.
Selling 2204? 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 2204, Iris Blue Tower
Starts from the last sale price (AED 1.73M, 25 February 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,725,000
- Deposit, UAE resident (20%)
- AED 345,000
- Deposit, non-resident (40%)
- AED 690,000
- Monthly over 25 years at 3.7%
- AED 7,058
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →