2604, Iris Blue Tower
Sold prices and rental history: sold twice, last in October 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2604, Iris Blue Tower
What is 2604 worth today?
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Source: Dubai Land Department. Updated 15 April 2022.
Key facts
- Type
- 3-bed apartment
- Size
- 1,754 sqft
- Floor
- 26th of 28
- Parking
- P2-28,31
- Developer
- SHETH ESTATE (INTERNATIONAL)
- Completed
- 2008
- Service charge
- AED 43,400 /yr
- Last sold
- AED 3.05M · October 2015
- Building
- Iris Blue Tower
About 2604, Iris Blue Tower
2604 is a three-bedroom apartment of 1,754 sqft on the 26th floor of Iris Blue Tower, a 28-storey tower in Dubai Marina completed in 2008 by SHETH ESTATE (INTERNATIONAL). It last sold on 27 October 2015 for AED 3,050,000, or AED 1,739 per sqft.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 15 April 2022, is AED 126,500 a year: a gross yield of 4.2% on the 2015 price, before the service charge of about AED 43,400 a year.
Sales and rents for 2604 over time
2604 has sold twice; 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 2604 sits
All 16 3-beds →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. 2604's AED 126,500 is at the bottom 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 26th floor
All 158 units in Iris Blue Tower2604, Iris Blue Tower in numbers
- Sold twice: first on 2 June 2014 for AED 2,205,900, last on 27 October 2015 for AED 3,050,000 (AED 1,739 per sqft).
- Rented since August 2018 on 5 Ejari contracts. The rent fell from AED 180,000 to AED 100,000 in 2020 and recovered to AED 126,500 by April 2022.
- At AED 126,500 a year the gross yield on the 2015 price is 4.2%, 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 15 April 2022.
Questions about 2604, Iris Blue Tower
What did unit 2604 last sell for?
AED 3,050,000 on 27 October 2015: AED 1,739 per sqft for 1,754 sqft. The unit has 2 registered sales; the first was AED 2,205,900 in June 2014.
What is the rent for unit 2604?
AED 126,500 a year on the contract renewed on 15 April 2022. The previous contract, from April 2021, was AED 115,000; the unit has been rented since August 2018.
How big is unit 2604?
1,754 sqft (163.0 sqm): a three-bedroom apartment on the 26th floor of a 28-storey tower completed in 2008.
What is unit 2604 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 2604, Iris Blue Tower
Starts from the last sale price (AED 3.05M, 27 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 3,050,000
- Deposit, UAE resident (20%)
- AED 610,000
- Deposit, non-resident (40%)
- AED 1,220,000
- Monthly over 25 years at 3.7%
- AED 12,478
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →