2801, Iris Blue Tower
Sold prices and rental history: sold twice, last in January 2014, and rented once, from June 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2801, Iris Blue Tower
What is 2801 worth today?
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Source: Dubai Land Department. Updated 1 June 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 3,478 sqft
- Floor
- 28th of 28
- Parking
- P3-44,P3-45
- Developer
- SHETH ESTATE (INTERNATIONAL)
- Completed
- 2008
- Service charge
- AED 86,100 /yr
- Last sold
- AED 5.5M · January 2014
- Building
- Iris Blue Tower
About 2801, Iris Blue Tower
2801 is a three-bedroom apartment of 3,478 sqft on the 28th floor of Iris Blue Tower, a 28-storey tower in Dubai Marina completed in 2008 by SHETH ESTATE (INTERNATIONAL). It last sold on 21 January 2014 for AED 5,500,000, or AED 1,581 per sqft, in line with the AED 1,568 three-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 June 2023. The current contract, signed on 1 June 2023, is AED 150,000 a year: a gross yield of 2.7% on the 2014 price, before the service charge of about AED 86,100 a year.
Sales and rents for 2801 over time
2801 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 2801 sits
All 16 3-beds →2801 last sold in January 2014 at AED 1,581 per sqft, in line with what three-beds in Iris Blue Tower were fetching at the time (AED 1,568). 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. 2801's AED 150,000 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 28th floor
All 158 units in Iris Blue Tower2801, Iris Blue Tower in numbers
- Sold twice: first on 14 April 2013 for AED 5,935,963, last on 21 January 2014 for AED 5,500,000 (AED 1,581 per sqft).
- Rented since June 2023 on one Ejari contract, at AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2014 price is 2.7%, before a service charge of about AED 86,100 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 June 2023.
Questions about 2801, Iris Blue Tower
What did unit 2801 last sell for?
AED 5,500,000 on 21 January 2014: AED 1,581 per sqft for 3,478 sqft. The unit has 2 registered sales; the first was AED 5,935,963 in April 2013.
What is the rent for unit 2801?
AED 150,000 a year on the contract signed on 1 June 2023.
How big is unit 2801?
3,478 sqft (323.1 sqm): a three-bedroom apartment on the 28th floor of a 28-storey tower completed in 2008.
What is unit 2801 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 2801, Iris Blue Tower
Starts from the last sale price (AED 5.5M, 21 January 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 5,500,000
- Deposit, UAE resident (20%)
- AED 1,100,000
- Deposit, non-resident (40%)
- AED 2,200,000
- Monthly over 25 years at 3.7%
- AED 22,502
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →