
302, Iris Blue Tower
Sold prices and rental history: sold 4 times, last in March 2025, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 302, Iris Blue Tower
What is 302 worth today?
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Source: Dubai Land Department. Updated 24 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 663 sqft
- Floor
- 3rd of 28
- Parking
- P2-1
- Developer
- SHETH ESTATE (INTERNATIONAL)
- Completed
- 2008
- Service charge
- AED 16,400 /yr
- Last sold
- AED 1.02M · March 2025
- Building
- Iris Blue Tower
About 302, Iris Blue Tower
302 is a two-bedroom apartment of 663 sqft on the 3rd floor of Iris Blue Tower, a 28-storey tower in Dubai Marina completed in 2008 by SHETH ESTATE (INTERNATIONAL). It last sold on 24 March 2025 for AED 1,020,000, or AED 1,539 per sqft, 18% below the AED 1,877 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 29 January 2022, is AED 95,000 a year: a gross yield of 9.3% on the 2025 price, before the service charge of about AED 16,400 a year.
Sales and rents for 302 over time
302 has sold 4 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Iris Blue Tower, and where 302 sits
All 94 2-beds →302 last sold in March 2025 at AED 1,539 per sqft, 18% below what two-beds in Iris Blue Tower were fetching at the time (AED 1,877). Over the last 12 months two-beds sold for AED 2,375,000 to 2,900,000, around AED 1,969 per sqft, and rent for AED 124,998 to 235,000 a year. 302's AED 95,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Oct 202626 October 2026 | 1,371 sqft | 2,424,250 | 1,767 | ||
| 28 Sep 202628 September 2026 | 1,371 sqft | 2,900,000 | 2,114 | ||
| 4 Sep 20264 September 2026 | 1,326 sqft | 2,900,000 | 2,187 | ||
| 4 Aug 20264 August 2026 | 1,326 sqft | 25,867 | 19 |
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 3rd floor
All 158 units in Iris Blue Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,326 sqft | AED 1.6MAED 1,599,000 · May 2014May 2014 | ||
| 303 | 1-bed | 736 sqft | AED 1MAED 1,003,925 · Jul 2014July 2014 | 95,000 /yr | |
| 304 | 2-bed | 1,371 sqft | AED 2.95MAED 2,950,000 · Oct 2025October 2025 | 105,000 /yr | |
| 305 | 2-bed | 1,371 sqft | AED 2MAED 2,000,000 · Feb 2013February 2013 | 105,000 /yr | |
| 306 | 1-bed | 736 sqft | AED 813KAED 813,050 · May 2014May 2014 |
302, Iris Blue Tower in numbers
- Sold 4 times: first on 6 September 2012 for AED 1,829,395, last on 24 March 2025 for AED 1,020,000 (AED 1,539 per sqft).
- Rented since July 2015 on 10 Ejari contracts, from AED 155,000 to AED 95,000 a year.
- At AED 95,000 a year the gross yield on the 2025 price is 9.3%, before a service charge of about AED 16,400 a year (AED 24.76 per sqft).
- Two-beds in Iris Blue Tower sold for AED 2,375,000–2,900,000 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 March 2025.
Questions about 302, Iris Blue Tower
What did unit 302 last sell for?
AED 1,020,000 on 24 March 2025: AED 1,539 per sqft for 663 sqft. The unit has 4 registered sales; the first was AED 1,829,395 in September 2012.
What is the rent for unit 302?
AED 95,000 a year on the contract renewed on 29 January 2022. The previous contract, from January 2021, was AED 94,240; the unit has been rented since July 2015.
How big is unit 302?
663 sqft (61.6 sqm): a two-bedroom apartment on the 3rd floor of a 28-storey tower completed in 2008.
What is unit 302 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Iris Blue Tower sold for AED 2,375,000 to 2,900,000 in the last 12 months, around AED 1,969 per sqft.
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Mortgage on 302, Iris Blue Tower
Starts from the last sale price (AED 1.02M, 24 March 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,020,000
- Deposit, UAE resident (20%)
- AED 204,000
- Deposit, non-resident (40%)
- AED 408,000
- Monthly over 25 years at 3.7%
- AED 4,173
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →