2-bed · 1,326 sqftIris Blue Tower, Dubai Marina · 6th floor · completed 2008

602, Iris Blue Tower

Sold prices and rental history: sold 3 times, last in January 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 7 July 2025
Last soldAED 1.95M21 January 2013
Current rentAED 143K /yr7 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Iris Blue Tower

What is 602 worth today?

Last sold for AED 1,950,000 in 2013

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7 Jul 2025RentedNew contract
AED 143,325/yr12 months · AED 108 per sqft
7 Jul 2025RentedNew contract
AED 143,325/yr12 months · AED 108 per sqft
7 Jul 2024RentedRenewal
AED 136,000/yr12 months · AED 103 per sqft
7 Jul 2024RentedRenewal
AED 136,000/yr12 months · AED 103 per sqft
7 Jul 2023RentedRenewal
AED 130,000/yr12 months · AED 98 per sqft
7 Jul 2022RentedNew contract
AED 130,000/yr12 months · AED 98 per sqft
15 Sep 2017RentedRenewal
AED 145,000/yr12 months · AED 110 per sqft
15 Sep 2016RentedNew contract
AED 145,000/yr12 months · AED 110 per sqft

Source: Dubai Land Department. Updated 7 July 2025.

Key facts

Type
2-bed apartment
Size
1,326 sqft
Floor
6th of 28
Parking
P1-9
Developer
SHETH ESTATE (INTERNATIONAL)
Completed
2008
Service charge
AED 32,800 /yr
Last sold
AED 1.95M · January 2013

About 602, Iris Blue Tower

602 is a two-bedroom apartment of 1,326 sqft on the 6th 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 2013 for AED 1,950,000, or AED 1,471 per sqft, 5% above the AED 1,395 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 7 July 2025, is AED 143,325 a year: a gross yield of 7.3% on the 2013 price, before the service charge of about AED 32,800 a year.

Sales and rents for 602 over time

Sales
Unit 602, each saleTypical two-bed in Iris Blue Tower
2M3M20112015201920232027Typical 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 by developer, June 2011: AED 1,558,000 (AED 1,175 per sqft)Sold, June 2011: AED 1,364,700 (AED 1,029 per sqft)Sold, January 2013: AED 1,950,000 (AED 1,471 per sqft)

602 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 602, each contractTypical two-bed in Iris Blue Tower
100K125K150K2012201620202024Typical 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, March 2015: AED 155,000 a yearRenewal, March 2016: AED 155,000 a yearNew contract, September 2016: AED 145,000 a yearRenewal, September 2017: AED 145,000 a yearNew contract, July 2022: AED 130,000 a yearRenewal, July 2023: AED 130,000 a yearRenewal, July 2024: AED 136,000 a yearRenewal, July 2024: AED 136,000 a yearNew contract, July 2025: AED 143,325 a yearNew contract, July 2025: AED 143,325 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 602 sits

All 94 2-beds →

602 last sold in January 2013 at AED 1,471 per sqft, 5% above what two-beds in Iris Blue Tower were fetching at the time (AED 1,395). 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. 602's AED 143,325 is in the lower half 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 6th floor

All 158 units in Iris Blue Tower
Value
6012-bedAED 2.85M · Jul 2026
6031-bedAED 1.05M · Feb 2013
6042-bedAED 2.27M · Jul 2011
6052-bedAED 1.39M · Jun 2013
6061-bedAED 1.12M · Jun 2020

602, Iris Blue Tower in numbers

  • Sold 3 times: first on 9 June 2011 for AED 1,364,700, last on 21 January 2013 for AED 1,950,000 (AED 1,471 per sqft).
  • Rented since March 2015 on 10 Ejari contracts. The rent fell from AED 155,000 to AED 130,000 in 2023 and recovered to AED 143,325 by July 2025.
  • At AED 143,325 a year the gross yield on the 2013 price is 7.3%, before a service charge of about AED 32,800 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 7 July 2025.

Questions about 602, Iris Blue Tower

What did unit 602 last sell for?

AED 1,950,000 on 21 January 2013: AED 1,471 per sqft for 1,326 sqft. The unit has 3 registered sales; the first was AED 1,364,700 in June 2011.

What is the rent for unit 602?

AED 143,325 a year on the contract signed on 7 July 2025. The previous contract, from July 2025, was AED 143,325; the unit has been rented since March 2015.

How big is unit 602?

1,326 sqft (123.2 sqm): a two-bedroom apartment on the 6th floor of a 28-storey tower completed in 2008.

What is unit 602 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 602, Iris Blue Tower

Starts from the last sale price (AED 1.95M, 21 January 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,950,000
Deposit, UAE resident (20%)
AED 390,000
Deposit, non-resident (40%)
AED 780,000
Monthly over 25 years at 3.7%
AED 7,978

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