3-bed · 3,538 sqftIris Blue Tower, Dubai Marina · 28th floor · completed 2008

2803, Iris Blue Tower

Sold prices and rental history: sold twice, last in February 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2803 · DLD and Ejari recordsUpdated 28 February 2023
Last soldAED 5.15M28 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2803, Iris Blue Tower

What is 2803 worth today?

Last sold for AED 5,150,000 in 2023

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28 Feb 2023SoldReady
AED 5,150,000AED 1,455 per sqft
29 Nov 2017Sold by developerReady
AED 6,652,982AED 1,880 per sqft

Source: Dubai Land Department. Updated 28 February 2023.

Key facts

Type
3-bed apartment
Size
3,538 sqft
Floor
28th of 28
Parking
P3-68,69
Developer
SHETH ESTATE (INTERNATIONAL)
Completed
2008
Service charge
AED 87,600 /yr
Last sold
AED 5.15M · February 2023

About 2803, Iris Blue Tower

2803 is a three-bedroom apartment of 3,538 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 28 February 2023 for AED 5,150,000, or AED 1,455 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2803 over time

Sales
Unit 2803, each saleTypical three-bed in Iris Blue Tower
2.5M5M2011201520192023Typical 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, November 2017: AED 6,652,982 (AED 1,880 per sqft)Sold, February 2023: AED 5,150,000 (AED 1,455 per sqft)

2803 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2803, 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 2803 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.

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 28th floor

All 158 units in Iris Blue Tower
Value
28013-bedAED 5.5M · Jan 2014
28023-bedAED 4M · Sep 2021
28043-bedAED 5.5M · Feb 2013

2803, Iris Blue Tower in numbers

  • Sold twice: first on 29 November 2017 for AED 6,652,982, last on 28 February 2023 for AED 5,150,000 (AED 1,455 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 28 February 2023.

Questions about 2803, Iris Blue Tower

What did unit 2803 last sell for?

AED 5,150,000 on 28 February 2023: AED 1,455 per sqft for 3,538 sqft. The unit has 2 registered sales; the first was AED 6,652,982 in November 2017.

How big is unit 2803?

3,538 sqft (328.7 sqm): a three-bedroom apartment on the 28th floor of a 28-storey tower completed in 2008.

What is unit 2803 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 2803, Iris Blue Tower

Starts from the last sale price (AED 5.15M, 28 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 5,150,000
Deposit, UAE resident (20%)
AED 1,030,000
Deposit, non-resident (40%)
AED 2,060,000
Monthly over 25 years at 3.7%
AED 21,070

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