2402, Iris Blue Tower
Sold prices and rental history: sold 9 times, last in August 2026, 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 2402, Iris Blue Tower
What is 2402 worth today?
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Source: Dubai Land Department. Updated 10 August 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,326 sqft
- Floor
- 24th of 28
- Parking
- P3-51
- Developer
- SHETH ESTATE (INTERNATIONAL)
- Completed
- 2008
- Service charge
- AED 32,800 /yr
- Last sold
- AED 26K · August 2026
- Building
- Iris Blue Tower
About 2402, Iris Blue Tower
2402 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 4 August 2026 for AED 25,867, or AED 19 per sqft, 99% below the AED 2,151 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 10 August 2026, is AED 145,000 a year: a gross yield of 560.6% on the 2026 price, before the service charge of about AED 32,800 a year.
Sales and rents for 2402 over time
2402 has sold 4 times; 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 2402 sits
All 94 2-beds →2402 last sold in August 2026 at AED 19 per sqft, 99% below what two-beds in Iris Blue Tower were fetching at the time (AED 2,151). 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. 2402's AED 145,000 is in the lower half 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 | ||
| 24 Jul 202624 July 2026 | 1,326 sqft | 2,850,000 | 2,150 |
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 24th floor
All 158 units in Iris Blue Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 2-bed | 1,326 sqft | AED 1.73MAED 1,725,000 · Feb 2012February 2012 | 75,000 /yr | |
| 2403 | 1-bed | 736 sqft | AED 1.26MAED 1,260,000 · Mar 2017March 2017 | 78,000 /yr | |
| 2404 | 2-bed | 1,371 sqft | AED 2.93MAED 2,930,969 · Jun 2011June 2011 | 151,630 /yr | |
| 2405 | 2-bed | 1,371 sqft | AED 2.93MAED 2,930,969 · May 2017May 2017 | 100,000 /yr | |
| 2406 | 1-bed | 736 sqft | AED 1.58MAED 1,575,000 · Aug 2026August 2026 | 83,000 /yr |
2402, Iris Blue Tower in numbers
- Sold 9 times: first on 11 June 2014 for AED 2,881,559, last on 4 August 2026 for AED 25,867 (AED 19 per sqft).
- Rented since October 2013 on 9 Ejari contracts. The rent fell from AED 148,352 to AED 109,909 in 2022 and recovered to AED 145,000 by August 2026.
- At AED 145,000 a year the gross yield on the 2026 price is 560.6%, 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 10 August 2026.
Questions about 2402, Iris Blue Tower
What did unit 2402 last sell for?
AED 25,867 on 4 August 2026: AED 19 per sqft for 1,326 sqft. The unit has 9 registered sales; the first was AED 2,881,559 in June 2014.
What is the rent for unit 2402?
AED 145,000 a year on the contract signed on 10 August 2026. The previous contract, from September 2022, was AED 109,909; the unit has been rented since October 2013.
How big is unit 2402?
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 2402 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 2402, Iris Blue Tower
Starts from the last sale price (AED 26K, 4 August 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 25,867
- Deposit, UAE resident (20%)
- AED 5,173
- Deposit, non-resident (40%)
- AED 10,347
- Monthly over 25 years at 3.7%
- AED 106
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →