2503, Iris Blue Tower
Sold prices and rental history: sold 3 times, last in January 2012, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2503, Iris Blue Tower
What is 2503 worth today?
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Source: Dubai Land Department. Updated 21 March 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 1,754 sqft
- Floor
- 25th of 28
- Parking
- P3-55
- Developer
- SHETH ESTATE (INTERNATIONAL)
- Completed
- 2008
- Service charge
- AED 43,400 /yr
- Last sold
- AED 2.15M · January 2012
- Building
- Iris Blue Tower
About 2503, Iris Blue Tower
2503 is a three-bedroom apartment of 1,754 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 24 January 2012 for AED 2,150,000, or AED 1,226 per sqft, 12% below the AED 1,390 three-beds in the building were fetching at the time.
It has been rented continuously since 2011 on 10 Ejari contracts. The current contract, renewed on 21 March 2025, is AED 215,000 a year: a gross yield of 10.0% on the 2012 price, before the service charge of about AED 43,400 a year.
Sales and rents for 2503 over time
2503 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 2503 sits
All 16 3-beds →2503 last sold in January 2012 at AED 1,226 per sqft, 12% below what three-beds in Iris Blue Tower were fetching at the time (AED 1,390). 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. 2503's AED 215,000 is at the top 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 | ||
| 10 Jan 202410 January 2024 | 1,702 sqft | 2,720,000 | 1,598 |
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 Tower2503, Iris Blue Tower in numbers
- Sold 3 times: first on 15 May 2011 for AED 2,396,000, last on 24 January 2012 for AED 2,150,000 (AED 1,226 per sqft).
- Rented since July 2011 on 10 Ejari contracts. The rent fell from AED 150,000 to AED 110,000 in 2020 and recovered to AED 215,000 by March 2025.
- At AED 215,000 a year the gross yield on the 2012 price is 10.0%, before a service charge of about AED 43,400 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 21 March 2025.
Questions about 2503, Iris Blue Tower
What did unit 2503 last sell for?
AED 2,150,000 on 24 January 2012: AED 1,226 per sqft for 1,754 sqft. The unit has 3 registered sales; the first was AED 2,396,000 in May 2011.
What is the rent for unit 2503?
AED 215,000 a year on the contract renewed on 21 March 2025. The previous contract, from March 2025, was AED 215,000; the unit has been rented since July 2011.
How big is unit 2503?
1,754 sqft (163.0 sqm): a three-bedroom apartment on the 25th floor of a 28-storey tower completed in 2008.
What is unit 2503 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 2503, Iris Blue Tower
Starts from the last sale price (AED 2.15M, 24 January 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 2,150,000
- Deposit, UAE resident (20%)
- AED 430,000
- Deposit, non-resident (40%)
- AED 860,000
- Monthly over 25 years at 3.7%
- AED 8,796
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →