2303, Iris Blue Tower
Sold prices and rental history: sold 4 times, last in March 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2303, Iris Blue Tower
What is 2303 worth today?
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Source: Dubai Land Department. Updated 8 December 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 736 sqft
- Floor
- 23rd of 28
- Parking
- P2-57
- Developer
- SHETH ESTATE (INTERNATIONAL)
- Completed
- 2008
- Service charge
- AED 18,200 /yr
- Last sold
- AED 1.65M · March 2014
- Building
- Iris Blue Tower
About 2303, Iris Blue Tower
2303 is a one-bedroom apartment of 736 sqft on the 23rd floor of Iris Blue Tower, a 28-storey tower in Dubai Marina completed in 2008 by SHETH ESTATE (INTERNATIONAL). It last sold on 24 March 2014 for AED 1,650,000, or AED 2,241 per sqft, 54% above the AED 1,451 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 8 December 2021, is AED 75,000 a year: a gross yield of 4.5% on the 2014 price, before the service charge of about AED 18,200 a year.
Sales and rents for 2303 over time
2303 has sold 4 times; 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 2303 sits
All 48 1-beds →2303 last sold in March 2014 at AED 2,241 per sqft, 54% above what one-beds in Iris Blue Tower were fetching at the time (AED 1,451). 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. 2303's AED 75,000 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 23rd floor
All 158 units in Iris Blue Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2301 | 2-bed | 1,326 sqft | AED 2MAED 2,000,000 · Apr 2022April 2022 | 175,000 /yr | |
| 2302 | 2-bed | 1,326 sqft | AED 1.92MAED 1,922,233 · Aug 2012August 2012 | 161,936 /yr | |
| 2304 | 2-bed | 1,371 sqft | AED 2.85MAED 2,850,000 · Jul 2025July 2025 | 130,607 /yr | |
| 2305 | 2-bed | 1,371 sqft | AED 2.35MAED 2,350,000 · Feb 2017February 2017 | 158,000 /yr | |
| 2306 | 1-bed | 736 sqft | AED 2MAED 2,000,000 · Mar 2025March 2025 | 90,000 /yr |
2303, Iris Blue Tower in numbers
- Sold 4 times: first on 13 April 2011 for AED 1,003,695, last on 24 March 2014 for AED 1,650,000 (AED 2,241 per sqft).
- Rented since July 2017 on 4 Ejari contracts. The rent fell from AED 100,000 to AED 62,000 in 2020 and recovered to AED 75,000 by December 2021.
- At AED 75,000 a year the gross yield on the 2014 price is 4.5%, 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 8 December 2021.
Questions about 2303, Iris Blue Tower
What did unit 2303 last sell for?
AED 1,650,000 on 24 March 2014: AED 2,241 per sqft for 736 sqft. The unit has 4 registered sales; the first was AED 1,003,695 in April 2011.
What is the rent for unit 2303?
AED 75,000 a year on the contract signed on 8 December 2021. The previous contract, from November 2020, was AED 62,000; the unit has been rented since July 2017.
How big is unit 2303?
736 sqft (68.4 sqm): a one-bedroom apartment on the 23rd floor of a 28-storey tower completed in 2008.
What is unit 2303 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 2303, Iris Blue Tower
Starts from the last sale price (AED 1.65M, 24 March 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,650,000
- Deposit, UAE resident (20%)
- AED 330,000
- Deposit, non-resident (40%)
- AED 660,000
- Monthly over 25 years at 3.7%
- AED 6,751
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →