603, Iris Blue Tower
Sold prices and rental history: sold 3 times, last in February 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 603, Iris Blue Tower
What is 603 worth today?
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Source: Dubai Land Department. Updated 4 October 2019.
Key facts
- Type
- 1-bed apartment
- Size
- 736 sqft
- Floor
- 6th of 28
- Parking
- P1-10
- Developer
- SHETH ESTATE (INTERNATIONAL)
- Completed
- 2008
- Service charge
- AED 18,200 /yr
- Last sold
- AED 1.05M · February 2013
- Building
- Iris Blue Tower
About 603, Iris Blue Tower
603 is a one-bedroom apartment of 736 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 27 February 2013 for AED 1,050,000, or AED 1,426 per sqft, 6% above the AED 1,342 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 4 October 2019, is AED 70,000 a year: a gross yield of 6.7% on the 2013 price, before the service charge of about AED 18,200 a year.
Sales and rents for 603 over time
603 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 603 sits
All 48 1-beds →603 last sold in February 2013 at AED 1,426 per sqft, 6% above what one-beds in Iris Blue Tower were fetching at the time (AED 1,342). 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. 603's AED 70,000 is at the bottom 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 6th floor
All 158 units in Iris Blue Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 2-bed | 1,326 sqft | AED 2.85MAED 2,850,000 · Jul 2026July 2026 | ||
| 602 | 2-bed | 1,326 sqft | AED 1.95MAED 1,950,000 · Jan 2013January 2013 | 143,325 /yr | |
| 604 | 2-bed | 1,371 sqft | AED 2.27MAED 2,268,750 · Jul 2011July 2011 | 165,000 /yr | |
| 605 | 2-bed | 1,371 sqft | AED 1.39MAED 1,388,500 · Jun 2013June 2013 | 160,000 /yr | |
| 606 | 1-bed | 736 sqft | AED 1.12MAED 1,116,000 · Jun 2020June 2020 | 115,000 /yr |
603, Iris Blue Tower in numbers
- Sold 3 times: first on 4 July 2011 for AED 740,000, last on 27 February 2013 for AED 1,050,000 (AED 1,426 per sqft).
- Rented since October 2013 on 4 Ejari contracts, from AED 90,000 to AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2013 price is 6.7%, 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 4 October 2019.
Questions about 603, Iris Blue Tower
What did unit 603 last sell for?
AED 1,050,000 on 27 February 2013: AED 1,426 per sqft for 736 sqft. The unit has 3 registered sales; the first was AED 740,000 in July 2011.
What is the rent for unit 603?
AED 70,000 a year on the contract signed on 4 October 2019. The previous contract, from July 2017, was AED 90,000; the unit has been rented since October 2013.
How big is unit 603?
736 sqft (68.4 sqm): a one-bedroom apartment on the 6th floor of a 28-storey tower completed in 2008.
What is unit 603 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.
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Mortgage on 603, Iris Blue Tower
Starts from the last sale price (AED 1.05M, 27 February 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,050,000
- Deposit, UAE resident (20%)
- AED 210,000
- Deposit, non-resident (40%)
- AED 420,000
- Monthly over 25 years at 3.7%
- AED 4,296
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →