3-bed · 1,702 sqftIris Blue Tower, Dubai Marina · 27th floor · completed 2008

2702, Iris Blue Tower

Sold prices and rental history: sold twice, last in September 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2702 · DLD and Ejari recordsUpdated 22 September 2014
Last soldAED 4.7M22 September 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2702, Iris Blue Tower

What is 2702 worth today?

Last sold for AED 4,700,000 in 2014

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22 Sep 2014SoldReady
AED 4,700,000AED 2,761 per sqft
18 Sep 2014Sold by developerReady
AED 2,494,908AED 1,465 per sqft

Source: Dubai Land Department. Updated 22 September 2014.

Key facts

Type
3-bed apartment
Size
1,702 sqft
Floor
27th of 28
Parking
P2-60
Developer
SHETH ESTATE (INTERNATIONAL)
Completed
2008
Service charge
AED 42,100 /yr
Last sold
AED 4.7M · September 2014

About 2702, Iris Blue Tower

2702 is a three-bedroom apartment of 1,702 sqft on the 27th floor of Iris Blue Tower, a 28-storey tower in Dubai Marina completed in 2008 by SHETH ESTATE (INTERNATIONAL). It last sold on 22 September 2014 for AED 4,700,000, or AED 2,761 per sqft, 75% above the AED 1,581 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2702 over time

Sales
Unit 2702, 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, September 2014: AED 4,700,000 (AED 2,761 per sqft)Sold by developer, September 2014: AED 2,494,908 (AED 1,465 per sqft)

2702 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2702, 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 205,000

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 2702 sits

All 16 3-beds →

2702 last sold in September 2014 at AED 2,761 per sqft, 75% above what three-beds in Iris Blue Tower were fetching at the time (AED 1,581). 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.

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 27th floor

All 158 units in Iris Blue Tower
Value
27013-bedAED 1.83M · May 2019
27033-bedAED 3.32M · Mar 2026
27043-bedAED 2.23M · Jun 2012

2702, Iris Blue Tower in numbers

  • Sold twice: first on 18 September 2014 for AED 2,494,908, last on 22 September 2014 for AED 4,700,000 (AED 2,761 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 22 September 2014.

Questions about 2702, Iris Blue Tower

What did unit 2702 last sell for?

AED 4,700,000 on 22 September 2014: AED 2,761 per sqft for 1,702 sqft. The unit has 2 registered sales; the first was AED 2,494,908 in September 2014.

How big is unit 2702?

1,702 sqft (158.1 sqm): a three-bedroom apartment on the 27th floor of a 28-storey tower completed in 2008.

What is unit 2702 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 2702, Iris Blue Tower

Starts from the last sale price (AED 4.7M, 22 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 4,700,000
Deposit, UAE resident (20%)
AED 940,000
Deposit, non-resident (40%)
AED 1,880,000
Monthly over 25 years at 3.7%
AED 19,229

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