3-bed · 1,754 sqftIris Blue Tower, Dubai Marina · 27th floor · completed 2008

2704, Iris Blue Tower

Sold prices and rental history: sold once, by the developer in June 2012, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2704 · DLD and Ejari recordsUpdated 24 June 2012
Last soldAED 2.23M24 June 2012
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2704, Iris Blue Tower

What is 2704 worth today?

Last sold for AED 2,232,000 in 2012

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24 Jun 2012Sold by developerReady
AED 2,232,000AED 1,272 per sqft

Source: Dubai Land Department. Updated 24 June 2012.

Key facts

Type
3-bed apartment
Size
1,754 sqft
Floor
27th of 28
Parking
GF-29,30 P1-65
Developer
SHETH ESTATE (INTERNATIONAL)
Completed
2008
Service charge
AED 43,400 /yr
Last sold
AED 2.23M · June 2012

About 2704, Iris Blue Tower

2704 is a three-bedroom apartment of 1,754 sqft on the 27th floor of Iris Blue Tower, a 28-storey tower in Dubai Marina completed in 2008 by SHETH ESTATE (INTERNATIONAL). The developer sold it on 24 June 2012 for AED 2,232,000, or AED 1,272 per sqft, in line with the AED 1,263 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2704 over time

Sales
Unit 2704, 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, June 2012: AED 2,232,000 (AED 1,272 per sqft)

2704 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2704, 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 2704 sits

All 16 3-beds →

2704 last sold in June 2012 at AED 1,272 per sqft, in line with what three-beds in Iris Blue Tower were fetching at the time (AED 1,263). 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
27023-bedAED 4.7M · Sep 2014
27033-bedAED 3.32M · Mar 2026

2704, Iris Blue Tower in numbers

  • Sold once: by SHETH ESTATE (INTERNATIONAL) on 24 June 2012 for AED 2,232,000, or AED 1,272 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 24 June 2012.

Questions about 2704, Iris Blue Tower

What did unit 2704 last sell for?

AED 2,232,000 on 24 June 2012, sold by the developer: AED 1,272 per sqft for 1,754 sqft. It is the only registered sale of the unit.

How big is unit 2704?

1,754 sqft (163.0 sqm): a three-bedroom apartment on the 27th floor of a 28-storey tower completed in 2008.

What is unit 2704 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 2704, Iris Blue Tower

Starts from the last sale price (AED 2.23M, 24 June 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,232,000
Deposit, UAE resident (20%)
AED 446,400
Deposit, non-resident (40%)
AED 892,800
Monthly over 25 years at 3.7%
AED 9,132

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