506, Iris Blue Tower
Sold prices and rental history: sold 3 times, last in June 2025, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Iris Blue Tower
What is 506 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 23 June 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 736 sqft
- Floor
- 5th of 28
- Parking
- P1-30
- Developer
- SHETH ESTATE (INTERNATIONAL)
- Completed
- 2008
- Service charge
- AED 18,200 /yr
- Last sold
- AED 1.9M · June 2025
- Building
- Iris Blue Tower
About 506, Iris Blue Tower
506 is a one-bedroom apartment of 736 sqft on the 5th floor of Iris Blue Tower, a 28-storey tower in Dubai Marina completed in 2008 by SHETH ESTATE (INTERNATIONAL). It last sold on 23 June 2025 for AED 1,900,000, or AED 2,581 per sqft, in line with the AED 2,649 one-beds in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 12 January 2023, is AED 81,697 a year: a gross yield of 4.3% on the 2025 price, before the service charge of about AED 18,200 a year.
Sales and rents for 506 over time
506 has sold 3 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Iris Blue Tower, and where 506 sits
All 48 1-beds →506 last sold in June 2025 at AED 2,581 per sqft, in line with what one-beds in Iris Blue Tower were fetching at the time (AED 2,649). Over the last 12 months one-beds sold for AED 1,277,000 to 1,575,000, around AED 1,937 per sqft, and rent for AED 74,000 to 130,000 a year. 506's AED 81,697 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Aug 202619 August 2026 | 736 sqft | 1,575,000 | 2,139 | ||
| 7 Aug 20267 August 2026 | 736 sqft | 1,277,000 | 1,734 | ||
| 31 Jul 202631 July 2026 | 736 sqft | 29,492 | 40 | ||
| 14 Jan 202614 January 2026 | 736 sqft | 34,331 | 46 |
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 5th floor
All 158 units in Iris Blue Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,326 sqft | AED 2.38MAED 2,375,000 · Mar 2017March 2017 | 180,000 /yr | |
| 502 | 2-bed | 1,326 sqft | AED 2.5MAED 2,500,000 · Oct 2013October 2013 | ||
| 503 | 1-bed | 736 sqft | AED 1.23MAED 1,225,000 · Dec 2013December 2013 | ||
| 504 | 2-bed | 1,371 sqft | AED 2.3MAED 2,300,000 · Dec 2022December 2022 | 145,000 /yr | |
| 505 | 2-bed | 1,371 sqft | AED 2.5MAED 2,500,000 · Dec 2025December 2025 | 125,000 /yr |
506, Iris Blue Tower in numbers
- Sold 3 times: first on 25 April 2017 for AED 1,025,400, last on 23 June 2025 for AED 1,900,000 (AED 2,581 per sqft).
- Rented since December 2021 on 3 Ejari contracts, from AED 80,000 to AED 81,697 a year.
- At AED 81,697 a year the gross yield on the 2025 price is 4.3%, before a service charge of about AED 18,200 a year (AED 24.76 per sqft).
- One-beds in Iris Blue Tower sold for AED 1,277,000–1,575,000 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 23 June 2025.
Questions about 506, Iris Blue Tower
What did unit 506 last sell for?
AED 1,900,000 on 23 June 2025: AED 2,581 per sqft for 736 sqft. The unit has 3 registered sales; the first was AED 1,025,400 in April 2017.
What is the rent for unit 506?
AED 81,697 a year on the contract signed on 12 January 2023. The previous contract, from December 2022, was AED 81,825; the unit has been rented since December 2021.
How big is unit 506?
736 sqft (68.4 sqm): a one-bedroom apartment on the 5th floor of a 28-storey tower completed in 2008.
What is unit 506 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Iris Blue Tower sold for AED 1,277,000 to 1,575,000 in the last 12 months, around AED 1,937 per sqft.
Selling 506? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 506, Iris Blue Tower
Starts from the last sale price (AED 1.9M, 23 June 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,900,000
- Deposit, UAE resident (20%)
- AED 380,000
- Deposit, non-resident (40%)
- AED 760,000
- Monthly over 25 years at 3.7%
- AED 7,773
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →