2406, Iris Blue Tower
Sold prices and rental history: sold 3 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 2406, Iris Blue Tower
What is 2406 worth today?
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Source: Dubai Land Department. Updated 19 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 736 sqft
- Floor
- 24th of 28
- Parking
- P3-54
- Developer
- SHETH ESTATE (INTERNATIONAL)
- Completed
- 2008
- Service charge
- AED 18,200 /yr
- Last sold
- AED 1.58M · August 2026
- Building
- Iris Blue Tower
About 2406, Iris Blue Tower
2406 is a one-bedroom apartment of 736 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 19 August 2026 for AED 1,575,000, or AED 2,139 per sqft, 10% above the AED 1,937 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 11 June 2025, is AED 83,000 a year: a gross yield of 5.3% on the 2026 price, before the service charge of about AED 18,200 a year.
Sales and rents for 2406 over time
2406 has sold 3 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 2406 sits
All 48 1-beds →2406 last sold in August 2026 at AED 2,139 per sqft, 10% above what one-beds in Iris Blue Tower were fetching at the time (AED 1,937). 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. 2406's AED 83,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 | ||
| 23 Jun 202523 June 2025 | 736 sqft | 1,900,000 | 2,581 |
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 | |
| 2402 | 2-bed | 1,326 sqft | AED 26KAED 25,867 · Aug 2026August 2026 | 145,000 /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, Iris Blue Tower in numbers
- Sold 3 times: first on 2 May 2017 for AED 1,584,575, last on 19 August 2026 for AED 1,575,000 (AED 2,139 per sqft).
- Rented since February 2013 on 12 Ejari contracts. The rent fell from AED 80,000 to AED 50,000 in 2018 and recovered to AED 83,000 by June 2025.
- At AED 83,000 a year the gross yield on the 2026 price is 5.3%, 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 19 August 2026.
Questions about 2406, Iris Blue Tower
What did unit 2406 last sell for?
AED 1,575,000 on 19 August 2026: AED 2,139 per sqft for 736 sqft. The unit has 3 registered sales; the first was AED 1,584,575 in May 2017.
What is the rent for unit 2406?
AED 83,000 a year on the contract renewed on 11 June 2025. The previous contract, from June 2024, was AED 80,000; the unit has been rented since February 2013.
How big is unit 2406?
736 sqft (68.4 sqm): a one-bedroom apartment on the 24th floor of a 28-storey tower completed in 2008.
What is unit 2406 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 2406, Iris Blue Tower
Starts from the last sale price (AED 1.58M, 19 August 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 1,575,000
- Deposit, UAE resident (20%)
- AED 315,000
- Deposit, non-resident (40%)
- AED 630,000
- Monthly over 25 years at 3.7%
- AED 6,444
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →