2502, Iris Blue Tower
Sold prices and rental history: sold 3 times, last in January 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2502, Iris Blue Tower
What is 2502 worth today?
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Source: Dubai Land Department. Updated 7 October 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,702 sqft
- Floor
- 25th of 28
- Parking
- P2-58
- Developer
- SHETH ESTATE (INTERNATIONAL)
- Completed
- 2008
- Service charge
- AED 42,100 /yr
- Last sold
- AED 2.72M · January 2024
- Building
- Iris Blue Tower
About 2502, Iris Blue Tower
2502 is a three-bedroom apartment of 1,702 sqft on the 25th floor of Iris Blue Tower, a 28-storey tower in Dubai Marina completed in 2008 by SHETH ESTATE (INTERNATIONAL). It last sold on 10 January 2024 for AED 2,720,000, or AED 1,598 per sqft, in line with the AED 1,598 three-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 7 October 2024, is AED 210,000 a year: a gross yield of 7.7% on the 2024 price, before the service charge of about AED 42,100 a year.
Sales and rents for 2502 over time
2502 has sold 3 times; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Iris Blue Tower, and where 2502 sits
All 16 3-beds →2502 last sold in January 2024 at AED 1,598 per sqft, in line with what three-beds in Iris Blue Tower were fetching at the time (AED 1,598). Over the last 12 months three-beds sold for AED 3,320,000, around AED 1,893 per sqft, and rent for AED 170,000 to 215,000 a year. 2502's AED 210,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Mar 202616 March 2026 | 1,754 sqft | 3,320,000 | 1,893 | ||
| 16 Sep 202416 September 2024 | 1,702 sqft | 3,200,000 | 1,880 | ||
| 25 Jan 202425 January 2024 | 1,702 sqft | 2,900,000 | 1,703 | ||
| 4 May 20234 May 2023 | 1,702 sqft | 2,950,000 | 1,733 |
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 25th floor
All 158 units in Iris Blue Tower2502, Iris Blue Tower in numbers
- Sold 3 times: first on 10 March 2011 for AED 2,443,644, last on 10 January 2024 for AED 2,720,000 (AED 1,598 per sqft).
- Rented since May 2016 on 4 Ejari contracts. The rent fell from AED 140,000 to AED 75,000 in 2017 and recovered to AED 210,000 by October 2024.
- At AED 210,000 a year the gross yield on the 2024 price is 7.7%, before a service charge of about AED 42,100 a year (AED 24.76 per sqft).
- Three-beds in Iris Blue Tower sold for AED 3,320,000–3,320,000 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 7 October 2024.
Questions about 2502, Iris Blue Tower
What did unit 2502 last sell for?
AED 2,720,000 on 10 January 2024: AED 1,598 per sqft for 1,702 sqft. The unit has 3 registered sales; the first was AED 2,443,644 in March 2011.
What is the rent for unit 2502?
AED 210,000 a year on the contract signed on 7 October 2024. The previous contract, from October 2024, was AED 210,000; the unit has been rented since May 2016.
How big is unit 2502?
1,702 sqft (158.1 sqm): a three-bedroom apartment on the 25th floor of a 28-storey tower completed in 2008.
What is unit 2502 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Iris Blue Tower sold for AED 3,320,000 to 3,320,000 in the last 12 months, around AED 1,893 per sqft.
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Mortgage on 2502, Iris Blue Tower
Starts from the last sale price (AED 2.72M, 10 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,720,000
- Deposit, UAE resident (20%)
- AED 544,000
- Deposit, non-resident (40%)
- AED 1,088,000
- Monthly over 25 years at 3.7%
- AED 11,128
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →