2206, Iris Blue Tower
Sold prices and rental history: sold twice, last in February 2016, 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 2206, Iris Blue Tower
What is 2206 worth today?
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Source: Dubai Land Department. Updated 15 August 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 736 sqft
- Floor
- 22nd of 28
- Parking
- P2-55
- Developer
- SHETH ESTATE (INTERNATIONAL)
- Completed
- 2008
- Service charge
- AED 18,200 /yr
- Last sold
- AED 1.33M · February 2016
- Building
- Iris Blue Tower
About 2206, Iris Blue Tower
2206 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). It last sold on 7 February 2016 for AED 1,325,000, or AED 1,800 per sqft, in line with the AED 1,800 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 15 August 2022, is AED 95,000 a year: a gross yield of 7.2% on the 2016 price, before the service charge of about AED 18,200 a year.
Sales and rents for 2206 over time
2206 has sold twice; 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 2206 sits
All 48 1-beds →2206 last sold in February 2016 at AED 1,800 per sqft, in line with what one-beds in Iris Blue Tower were fetching at the time (AED 1,800). 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. 2206's AED 95,000 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 | |
| 2203 | 1-bed | 736 sqft | AED 1000KAED 999,548 · Jul 2011July 2011 | 81,462 /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, Iris Blue Tower in numbers
- Sold twice: first on 17 February 2013 for AED 1,112,498, last on 7 February 2016 for AED 1,325,000 (AED 1,800 per sqft).
- Rented since May 2013 on 7 Ejari contracts. The rent fell from AED 85,000 to AED 72,000 in 2020 and recovered to AED 95,000 by August 2022.
- At AED 95,000 a year the gross yield on the 2016 price is 7.2%, 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 15 August 2022.
Questions about 2206, Iris Blue Tower
What did unit 2206 last sell for?
AED 1,325,000 on 7 February 2016: AED 1,800 per sqft for 736 sqft. The unit has 2 registered sales; the first was AED 1,112,498 in February 2013.
What is the rent for unit 2206?
AED 95,000 a year on the contract signed on 15 August 2022. The previous contract, from May 2021, was AED 80,000; the unit has been rented since May 2013.
How big is unit 2206?
736 sqft (68.4 sqm): a one-bedroom apartment on the 22nd floor of a 28-storey tower completed in 2008.
What is unit 2206 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.
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Mortgage on 2206, Iris Blue Tower
Starts from the last sale price (AED 1.33M, 7 February 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,325,000
- Deposit, UAE resident (20%)
- AED 265,000
- Deposit, non-resident (40%)
- AED 530,000
- Monthly over 25 years at 3.7%
- AED 5,421
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →