3-bed · 1,754 sqftIris Blue Tower, Dubai Marina · 25th floor · completed 2008

2504, Iris Blue Tower

Sold prices and rental history: sold once, by the developer in April 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2504 · DLD and Ejari recordsUpdated 1 August 2025
Last soldAED 2.4M29 April 2013
Current rentAED 200K /yr1 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2504, Iris Blue Tower

What is 2504 worth today?

Last sold for AED 2,396,760 in 2013

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1 Aug 2025RentedNew contract
AED 200,000/yr12 months · AED 114 per sqft
1 Aug 2025RentedNew contract
AED 200,000/yr12 months · AED 114 per sqft
1 May 2022RentedRenewal
AED 132,000/yr12 months · AED 75 per sqft
1 Apr 2021RentedNew contract
AED 120,000/yr13 months · AED 68 per sqft
23 Feb 2020RentedNew contract
AED 135,000/yr12 months · AED 77 per sqft
15 May 2017RentedNew contract
AED 170,000/yr12 months · AED 97 per sqft
1 May 2017RentedNew contract
AED 175,000/yr12 months · AED 100 per sqft
20 Feb 2016RentedNew contract
AED 180,000/yr12 months · AED 103 per sqft

Source: Dubai Land Department. Updated 1 August 2025.

Key facts

Type
3-bed apartment
Size
1,754 sqft
Floor
25th of 28
Parking
P1-64
Developer
SHETH ESTATE (INTERNATIONAL)
Completed
2008
Service charge
AED 43,400 /yr
Last sold
AED 2.4M · April 2013

About 2504, Iris Blue Tower

2504 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). The developer sold it on 29 April 2013 for AED 2,396,760, or AED 1,366 per sqft, 13% below the AED 1,574 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 1 August 2025, is AED 200,000 a year: a gross yield of 8.3% on the 2013 price, before the service charge of about AED 43,400 a year.

Sales and rents for 2504 over time

Sales
Unit 2504, each saleTypical three-bed in Iris Blue Tower
2M4M2011201520192023Typical sale price by year: 2011 AED 2,398,900; 2012 AED 2,232,000; 2013 AED 2,711,795; 2014 AED 3,550,000; 2017 AED 5,000,000; 2024 AED 2,900,000Sold by developer, April 2013: AED 2,396,760 (AED 1,366 per sqft)

2504 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2504, each contractTypical three-bed in Iris Blue Tower
150K200K2013201720212025Typical rent by year: 2013 AED 158,750; 2015 AED 185,000; 2016 AED 190,000; 2017 AED 175,000; 2018 AED 195,000; 2019 AED 150,000; 2020 AED 130,000; 2021 AED 122,500; 2022 AED 141,000; 2023 AED 160,000; 2024 AED 210,000; 2025 AED 205,000New contract, February 2013: AED 160,000 a yearNew contract, February 2014: AED 160,000 a yearNew contract, February 2015: AED 184,000 a yearNew contract, February 2016: AED 180,000 a yearNew contract, May 2017: AED 170,000 a yearNew contract, May 2017: AED 175,000 a yearNew contract, February 2020: AED 135,000 a yearNew contract, April 2021: AED 120,000 a yearRenewal, May 2022: AED 132,000 a yearNew contract, August 2025: AED 200,000 a yearNew contract, August 2025: AED 200,000 a year

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 2504 sits

All 16 3-beds →

2504 last sold in April 2013 at AED 1,366 per sqft, 13% below what three-beds in Iris Blue Tower were fetching at the time (AED 1,574). 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. 2504's AED 200,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
16 Mar 20263,320,000
16 Sep 20243,200,000
25 Jan 20242,900,000
10 Jan 20242,720,000
1 3-bed sale 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 25th floor

All 158 units in Iris Blue Tower
Value
25013-bedAED 3.2M · Sep 2024
25023-bedAED 2.72M · Jan 2024
25033-bedAED 2.15M · Jan 2012

2504, Iris Blue Tower in numbers

  • Sold once: by SHETH ESTATE (INTERNATIONAL) on 29 April 2013 for AED 2,396,760, or AED 1,366 per sqft.
  • Rented since February 2013 on 11 Ejari contracts. The rent fell from AED 160,000 to AED 120,000 in 2021 and recovered to AED 200,000 by August 2025.
  • At AED 200,000 a year the gross yield on the 2013 price is 8.3%, 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 1 August 2025.

Questions about 2504, Iris Blue Tower

What did unit 2504 last sell for?

AED 2,396,760 on 29 April 2013, sold by the developer: AED 1,366 per sqft for 1,754 sqft. It is the only registered sale of the unit.

What is the rent for unit 2504?

AED 200,000 a year on the contract signed on 1 August 2025. The previous contract, from August 2025, was AED 200,000; the unit has been rented since February 2013.

How big is unit 2504?

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 2504 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 2504, Iris Blue Tower

Starts from the last sale price (AED 2.4M, 29 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,396,760
Deposit, UAE resident (20%)
AED 479,352
Deposit, non-resident (40%)
AED 958,704
Monthly over 25 years at 3.7%
AED 9,806

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →