2-bed · 663 sqftIris Blue Tower, Dubai Marina · 3rd floor · completed 2008

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.

Unit 302 · DLD and Ejari recordsUpdated 24 March 2025
Last soldAED 1.02M24 March 2025
Current rentAED 95K /yr29 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Iris Blue Tower

What is 302 worth today?

Last sold for AED 1,020,000 in 2025

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24 Mar 2025SoldReady
AED 1,020,000AED 1,539 per sqft
12 Dec 2022SoldReady
AED 2,100,000AED 1,584 per sqft
29 Jan 2022RentedRenewal
AED 95,000/yr12 months · AED 72 per sqft
26 Jan 2021RentedNew contract
AED 94,240/yr12 months · AED 71 per sqft
6 May 2020RentedRenewal
AED 111,779/yr5 months · AED 84 per sqft
7 Jan 2020RentedRenewal
AED 157,562/yr4 months · AED 119 per sqft
7 Jul 2019RentedRenewal
AED 125,000/yr6 months · AED 94 per sqft
7 Jan 2019RentedRenewal
AED 136,000/yr6 months · AED 103 per sqft

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

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

Sales
Unit 302, each saleTypical two-bed in Iris Blue Tower
1M2M3M20112015201920232027Typical sale price by year: 2011 AED 1,850,000; 2012 AED 1,886,709; 2013 AED 1,844,400; 2014 AED 2,293,585; 2015 AED 2,034,159; 2016 AED 2,425,000; 2017 AED 2,300,000; 2018 AED 2,005,500; 2019 AED 1,725,000; 2020 AED 1,600,000; 2021 AED 1,550,000; 2022 AED 2,100,000; 2023 AED 2,050,000; 2024 AED 2,530,000; 2025 AED 2,917,500; 2026 AED 2,850,000Sold, September 2012: AED 2,100,000 (AED 1,584 per sqft)Sold by developer, September 2012: AED 1,829,395 (AED 1,380 per sqft)Sold, December 2022: AED 2,100,000 (AED 1,584 per sqft)Sold, March 2025: AED 1,020,000 (AED 1,539 per sqft)

302 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 302, each contractTypical two-bed in Iris Blue Tower
100K150K2012201620202024Typical rent by year: 2012 AED 140,000; 2013 AED 150,000; 2014 AED 160,000; 2015 AED 160,000; 2016 AED 160,000; 2017 AED 155,000; 2018 AED 140,000; 2019 AED 126,506; 2020 AED 108,000; 2021 AED 105,000; 2022 AED 121,024; 2023 AED 140,000; 2024 AED 160,000; 2025 AED 156,250; 2026 AED 140,000New contract, July 2015: AED 155,000 a yearRenewal, July 2016: AED 155,000 a yearRenewal, July 2017: AED 155,000 a yearRenewal, July 2018: AED 143,000 a yearRenewal, January 2019: AED 136,000 a yearRenewal, July 2019: AED 125,000 a yearRenewal, January 2020: AED 157,562 a yearRenewal, May 2020: AED 111,779 a yearNew contract, January 2021: AED 94,240 a yearRenewal, January 2022: AED 95,000 a year

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 salesUnit no.Price (AED)Summary
26 Oct 20262,424,250
28 Sep 20262,900,000
4 Sep 20262,900,000
4 Aug 202625,867
10 2-bed sales 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 3rd floor

All 158 units in Iris Blue Tower
Value
3012-bedAED 1.6M · May 2014
3031-bedAED 1M · Jul 2014
3042-bedAED 2.95M · Oct 2025
3052-bedAED 2M · Feb 2013
3061-bedAED 813K · May 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 →