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1-bed · 736 sqftIris Blue Tower, Dubai Marina · 6th floor · completed 2008

606, Iris Blue Tower

Sold prices and rental history: sold 3 times, last in June 2020, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 606 · DLD and Ejari recordsUpdated 29 October 2024
Last soldAED 1.12M23 June 2020
Current rentAED 115K /yr29 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 606, Iris Blue Tower

What is 606 worth today?

Last sold for AED 1,116,000 in 2020

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29 Oct 2024RentedNew contract
AED 115,000/yr12 months · AED 157 per sqft
27 Oct 2023RentedNew contract
AED 110,000/yr12 months · AED 150 per sqft
23 Jun 2020SoldReady
AED 1,116,000AED 1,516 per sqft
24 May 2016SoldReady
AED 1,300,000AED 1,766 per sqft
11 Mar 2015RentedNew contract
AED 115,000/yr12 months · AED 157 per sqft
24 Apr 2011Sold by developerReady
AED 735,800AED 999 per sqft

Source: Dubai Land Department. Updated 29 October 2024.

Key facts

Type
1-bed apartment
Size
736 sqft
Floor
6th of 28
Parking
P1-12
Developer
SHETH ESTATE (INTERNATIONAL)
Completed
2008
Service charge
AED 18,200 /yr
Last sold
AED 1.12M · June 2020
Building
Iris Blue Tower

About 606, Iris Blue Tower

606 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 23 June 2020 for AED 1,116,000, or AED 1,516 per sqft.

It has been rented since 2015 on 3 Ejari contracts. The current contract, signed on 29 October 2024, is AED 115,000 a year: a gross yield of 10.3% on the 2020 price, before the service charge of about AED 18,200 a year.

Sales and rents for 606 over time

Sales
Unit 606, each saleTypical one-bed in Iris Blue Tower
1M2M2011201520192023Typical sale price by year: 2011 AED 864,250; 2012 AED 961,000; 2013 AED 1,010,884; 2014 AED 979,063; 2016 AED 1,312,500; 2017 AED 1,375,000; 2018 AED 1,400,000; 2019 AED 1,000,000; 2021 AED 865,000; 2023 AED 1,220,000; 2024 AED 1,600,000; 2025 AED 2,000,000Sold by developer, April 2011: AED 735,800 (AED 999 per sqft)Sold, May 2016: AED 1,300,000 (AED 1,766 per sqft)Sold, June 2020: AED 1,116,000 (AED 1,516 per sqft)

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

Rents
Unit 606, each contractTypical one-bed in Iris Blue Tower
75K100K2013201720212025Typical rent by year: 2013 AED 85,000; 2014 AED 90,000; 2015 AED 102,500; 2016 AED 102,000; 2017 AED 100,000; 2018 AED 95,163; 2019 AED 81,154; 2020 AED 68,000; 2021 AED 70,000; 2022 AED 75,000; 2023 AED 90,000; 2024 AED 95,000; 2025 AED 99,000; 2026 AED 92,000New contract, March 2015: AED 115,000 a yearNew contract, October 2023: AED 110,000 a yearNew contract, October 2024: AED 115,000 a year

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 606 sits

All 48 1-beds →

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. 606's AED 115,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Aug 20261,575,000
7 Aug 20261,277,000
31 Jul 202629,492
14 Jan 202634,331
4 1-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
6022-bedAED 1.95M · Jan 2013
6031-bedAED 1.05M · Feb 2013
6042-bedAED 2.27M · Jul 2011
6052-bedAED 1.39M · Jun 2013

606, Iris Blue Tower in numbers

  • Sold 3 times: first on 24 April 2011 for AED 735,800, last on 23 June 2020 for AED 1,116,000 (AED 1,516 per sqft).
  • Rented since March 2015 on 3 Ejari contracts, at AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2020 price is 10.3%, 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 29 October 2024.

Questions about 606, Iris Blue Tower

What did unit 606 last sell for?

AED 1,116,000 on 23 June 2020: AED 1,516 per sqft for 736 sqft. The unit has 3 registered sales; the first was AED 735,800 in April 2011.

What is the rent for unit 606?

AED 115,000 a year on the contract signed on 29 October 2024. The previous contract, from October 2023, was AED 110,000; the unit has been rented since March 2015.

How big is unit 606?

736 sqft (68.4 sqm): a one-bedroom apartment on the 6th floor of a 28-storey tower completed in 2008.

What is unit 606 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 606, Iris Blue Tower

Starts from the last sale price (AED 1.12M, 23 June 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,116,000
Deposit, UAE resident (20%)
AED 223,200
Deposit, non-resident (40%)
AED 446,400
Monthly over 25 years at 3.7%
AED 4,566

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