1-bed · 736 sqftIris Blue Tower, Dubai Marina · 23rd floor · completed 2008

2306, Iris Blue Tower

Sold prices and rental history: sold 4 times, last in March 2025, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2306 · DLD and Ejari recordsUpdated 17 March 2025
Last soldAED 2M17 March 2025
Current rentAED 90K /yr1 January 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2306, Iris Blue Tower

What is 2306 worth today?

Last sold for AED 2,000,000 in 2025

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17 Mar 2025SoldReady
AED 2,000,000AED 2,717 per sqft
2 Apr 2024SoldReady
AED 1,600,000AED 2,173 per sqft
1 Jan 2019RentedNew contract
AED 90,000/yr12 months · AED 123 per sqft
16 Jan 2018SoldReady
AED 1,450,000AED 1,970 per sqft
27 Apr 2017RentedNew contract
AED 105,000/yr12 months · AED 143 per sqft
25 Mar 2013Sold by developerReady
AED 1,221,020AED 1,658 per sqft

Source: Dubai Land Department. Updated 17 March 2025.

Key facts

Type
1-bed apartment
Size
736 sqft
Floor
23rd of 28
Parking
P2-68
Developer
SHETH ESTATE (INTERNATIONAL)
Completed
2008
Service charge
AED 18,200 /yr
Last sold
AED 2M · March 2025

About 2306, Iris Blue Tower

2306 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 17 March 2025 for AED 2,000,000, or AED 2,717 per sqft, 22% above the AED 2,232 one-beds in the building were fetching at the time.

It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 1 January 2019, is AED 90,000 a year: a gross yield of 4.5% on the 2025 price, before the service charge of about AED 18,200 a year.

Sales and rents for 2306 over time

Sales
Unit 2306, each saleTypical one-bed in Iris Blue Tower
1M2M2011201520192023Typical sale price by year: 2011 AED 864,250; 2012 AED 961,000; 2013 AED 1,010,884; 2014 AED 979,063; 2016 AED 1,312,500; 2017 AED 1,375,000; 2018 AED 1,400,000; 2019 AED 1,000,000; 2021 AED 865,000; 2023 AED 1,220,000; 2024 AED 1,600,000; 2025 AED 2,000,000Sold by developer, March 2013: AED 1,221,020 (AED 1,658 per sqft)Sold, January 2018: AED 1,450,000 (AED 1,970 per sqft)Sold, April 2024: AED 1,600,000 (AED 2,173 per sqft)Sold, March 2025: AED 2,000,000 (AED 2,717 per sqft)

2306 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2306, each contractTypical one-bed in Iris Blue Tower
80K100K2013201720212025Typical rent by year: 2013 AED 85,000; 2014 AED 90,000; 2015 AED 102,500; 2016 AED 102,000; 2017 AED 100,000; 2018 AED 95,163; 2019 AED 81,154; 2020 AED 68,000; 2021 AED 70,000; 2022 AED 75,000; 2023 AED 90,000; 2024 AED 95,000; 2025 AED 99,000; 2026 AED 92,000New contract, April 2017: AED 105,000 a yearNew contract, January 2019: AED 90,000 a year

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 2306 sits

All 48 1-beds →

2306 last sold in March 2025 at AED 2,717 per sqft, 22% above what one-beds in Iris Blue Tower were fetching at the time (AED 2,232). 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. 2306's AED 90,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Aug 20261,575,000
7 Aug 20261,277,000
31 Jul 202629,492
14 Jan 202634,331
4 1-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 23rd floor

All 158 units in Iris Blue Tower
Value
23012-bedAED 2M · Apr 2022
23022-bedAED 1.92M · Aug 2012
23031-bedAED 1.65M · Mar 2014
23042-bedAED 2.85M · Jul 2025
23052-bedAED 2.35M · Feb 2017

2306, Iris Blue Tower in numbers

  • Sold 4 times: first on 25 March 2013 for AED 1,221,020, last on 17 March 2025 for AED 2,000,000 (AED 2,717 per sqft).
  • Rented since April 2017 on 2 Ejari contracts, from AED 105,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2025 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 17 March 2025.

Questions about 2306, Iris Blue Tower

What did unit 2306 last sell for?

AED 2,000,000 on 17 March 2025: AED 2,717 per sqft for 736 sqft. The unit has 4 registered sales; the first was AED 1,221,020 in March 2013.

What is the rent for unit 2306?

AED 90,000 a year on the contract signed on 1 January 2019. The previous contract, from April 2017, was AED 105,000.

How big is unit 2306?

736 sqft (68.4 sqm): a one-bedroom apartment on the 23rd floor of a 28-storey tower completed in 2008.

What is unit 2306 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 2306, Iris Blue Tower

Starts from the last sale price (AED 2M, 17 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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