2-bed · 1,326 sqftIris Blue Tower, Dubai Marina · 24th floor · completed 2008

2401, Iris Blue Tower

Sold prices and rental history: sold twice, last in February 2012, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2401 · DLD and Ejari recordsUpdated 1 October 2025
Last soldAED 1.73M6 February 2012
Current rentAED 75K /yr1 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2401, Iris Blue Tower

What is 2401 worth today?

Last sold for AED 1,725,000 in 2012

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1 Oct 2025RentedRenewal
AED 75,000/yr24 months · AED 57 per sqft
1 Oct 2024RentedRenewal
AED 170,000/yr12 months · AED 128 per sqft
1 Oct 2024RentedRenewal
AED 170,000/yr12 months · AED 128 per sqft
1 Oct 2023RentedNew contract
AED 168,000/yr12 months · AED 127 per sqft
1 Oct 2022RentedNew contract
AED 160,000/yr12 months · AED 121 per sqft
5 Oct 2021RentedRenewal
AED 97,000/yr12 months · AED 73 per sqft
1 Feb 2020RentedNew contract
AED 125,000/yr12 months · AED 94 per sqft
1 Nov 2018RentedNew contract
AED 140,000/yr12 months · AED 106 per sqft

Source: Dubai Land Department. Updated 1 October 2025.

Key facts

Type
2-bed apartment
Size
1,326 sqft
Floor
24th of 28
Parking
P3-50
Developer
SHETH ESTATE (INTERNATIONAL)
Completed
2008
Service charge
AED 32,800 /yr
Last sold
AED 1.73M · February 2012

About 2401, Iris Blue Tower

2401 is a two-bedroom apartment of 1,326 sqft on the 24th floor of Iris Blue Tower, a 28-storey tower in Dubai Marina completed in 2008 by SHETH ESTATE (INTERNATIONAL). It last sold on 6 February 2012 for AED 1,725,000, or AED 1,301 per sqft, 4% below the AED 1,355 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, renewed on 1 October 2025, is AED 75,000 a year: a gross yield of 4.3% on the 2012 price, before the service charge of about AED 32,800 a year.

Sales and rents for 2401 over time

Sales
Unit 2401, each saleTypical two-bed in Iris Blue Tower
2M3M20112015201920232027Typical sale price by year: 2011 AED 1,850,000; 2012 AED 1,886,709; 2013 AED 1,844,400; 2014 AED 2,293,585; 2015 AED 2,034,159; 2016 AED 2,425,000; 2017 AED 2,300,000; 2018 AED 2,005,500; 2019 AED 1,725,000; 2020 AED 1,600,000; 2021 AED 1,550,000; 2022 AED 2,100,000; 2023 AED 2,050,000; 2024 AED 2,530,000; 2025 AED 2,917,500; 2026 AED 2,850,000Sold, February 2012: AED 1,725,000 (AED 1,301 per sqft)Sold by developer, February 2012: AED 2,881,559 (AED 2,173 per sqft)

2401 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2401, each contractTypical two-bed in Iris Blue Tower
100K200K2012201620202024Typical rent by year: 2012 AED 140,000; 2013 AED 150,000; 2014 AED 160,000; 2015 AED 160,000; 2016 AED 160,000; 2017 AED 155,000; 2018 AED 140,000; 2019 AED 126,506; 2020 AED 108,000; 2021 AED 105,000; 2022 AED 121,024; 2023 AED 140,000; 2024 AED 160,000; 2025 AED 156,250; 2026 AED 140,000New contract, March 2012: AED 145,000 a yearNew contract, March 2013: AED 150,000 a yearNew contract, September 2014: AED 240,000 a yearNew contract, June 2017: AED 110,000 a yearNew contract, August 2017: AED 140,000 a yearNew contract, November 2018: AED 140,000 a yearNew contract, February 2020: AED 125,000 a yearRenewal, October 2021: AED 97,000 a yearNew contract, October 2022: AED 160,000 a yearNew contract, October 2023: AED 168,000 a yearRenewal, October 2024: AED 170,000 a yearRenewal, October 2024: AED 170,000 a yearRenewal, October 2025: AED 75,000 a year

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 2401 sits

All 94 2-beds →

2401 last sold in February 2012 at AED 1,301 per sqft, 4% below what two-beds in Iris Blue Tower were fetching at the time (AED 1,355). 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. 2401's AED 75,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Oct 20262,424,250
28 Sep 20262,900,000
4 Sep 20262,900,000
4 Aug 202625,867
10 2-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 24th floor

All 158 units in Iris Blue Tower
Value
24022-bedAED 26K · Aug 2026
24031-bedAED 1.26M · Mar 2017
24042-bedAED 2.93M · Jun 2011
24052-bedAED 2.93M · May 2017
24061-bedAED 1.58M · Aug 2026

2401, Iris Blue Tower in numbers

  • Sold twice: first on 5 February 2012 for AED 2,881,559, last on 6 February 2012 for AED 1,725,000 (AED 1,301 per sqft).
  • Rented since March 2012 on 13 Ejari contracts, from AED 145,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2012 price is 4.3%, before a service charge of about AED 32,800 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 1 October 2025.

Questions about 2401, Iris Blue Tower

What did unit 2401 last sell for?

AED 1,725,000 on 6 February 2012: AED 1,301 per sqft for 1,326 sqft. The unit has 2 registered sales; the first was AED 2,881,559 in February 2012.

What is the rent for unit 2401?

AED 75,000 a year on the contract renewed on 1 October 2025. The previous contract, from October 2024, was AED 170,000; the unit has been rented since March 2012.

How big is unit 2401?

1,326 sqft (123.2 sqm): a two-bedroom apartment on the 24th floor of a 28-storey tower completed in 2008.

What is unit 2401 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.

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Mortgage on 2401, Iris Blue Tower

Starts from the last sale price (AED 1.73M, 6 February 2012). 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 →