704, Iris Blue Tower
Sold prices and rental history: sold twice, last in October 2025, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 704, Iris Blue Tower
What is 704 worth today?
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Source: Dubai Land Department. Updated 6 October 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,371 sqft
- Floor
- 7th of 28
- Parking
- P3-13
- Developer
- SHETH ESTATE (INTERNATIONAL)
- Completed
- 2008
- Service charge
- AED 34,000 /yr
- Last sold
- AED 3.15M · October 2025
- Building
- Iris Blue Tower
About 704, Iris Blue Tower
704 is a two-bedroom apartment of 1,371 sqft on the 7th floor of Iris Blue Tower, a 28-storey tower in Dubai Marina completed in 2008 by SHETH ESTATE (INTERNATIONAL). It last sold on 6 October 2025 for AED 3,150,000, or AED 2,297 per sqft, 8% above the AED 2,132 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, renewed on 1 August 2025, is AED 165,000 a year: a gross yield of 5.2% on the 2025 price, before the service charge of about AED 34,000 a year.
Sales and rents for 704 over time
704 has sold twice; the dashed line is the two-bed median of each year in the building.
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 704 sits
All 94 2-beds →704 last sold in October 2025 at AED 2,297 per sqft, 8% above what two-beds in Iris Blue Tower were fetching at the time (AED 2,132). 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. 704's AED 165,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Oct 202626 October 2026 | 1,371 sqft | 2,424,250 | 1,767 | ||
| 28 Sep 202628 September 2026 | 1,371 sqft | 2,900,000 | 2,114 | ||
| 4 Sep 20264 September 2026 | 1,326 sqft | 2,900,000 | 2,187 | ||
| 4 Aug 20264 August 2026 | 1,326 sqft | 25,867 | 19 |
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 7th floor
All 158 units in Iris Blue Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,326 sqft | AED 2.3MAED 2,300,000 · Jun 2016June 2016 | 105,000 /yr | |
| 702 | 2-bed | 1,326 sqft | AED 1.65MAED 1,650,000 · Feb 2021February 2021 | 125,348 /yr | |
| 703 | 1-bed | 736 sqft | AED 29KAED 29,492 · Jul 2026July 2026 | 110,000 /yr | |
| 705 | 2-bed | 1,371 sqft | AED 2.3MAED 2,300,000 · Mar 2018March 2018 | 84,000 /yr | |
| 706 | 1-bed | 736 sqft | AED 1.08MAED 1,080,000 · May 2019May 2019 |
704, Iris Blue Tower in numbers
- Sold twice: first on 26 July 2012 for AED 2,276,625, last on 6 October 2025 for AED 3,150,000 (AED 2,297 per sqft).
- Rented since May 2016 on 10 Ejari contracts. The rent fell from AED 150,000 to AED 125,000 in 2021 and recovered to AED 165,000 by August 2025.
- At AED 165,000 a year the gross yield on the 2025 price is 5.2%, before a service charge of about AED 34,000 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 6 October 2025.
Questions about 704, Iris Blue Tower
What did unit 704 last sell for?
AED 3,150,000 on 6 October 2025: AED 2,297 per sqft for 1,371 sqft. The unit has 2 registered sales; the first was AED 2,276,625 in July 2012.
What is the rent for unit 704?
AED 165,000 a year on the contract renewed on 1 August 2025. The previous contract, from August 2024, was AED 160,000; the unit has been rented since May 2016.
How big is unit 704?
1,371 sqft (127.4 sqm): a two-bedroom apartment on the 7th floor of a 28-storey tower completed in 2008.
What is unit 704 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 704, Iris Blue Tower
Starts from the last sale price (AED 3.15M, 6 October 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 3,150,000
- Deposit, UAE resident (20%)
- AED 630,000
- Deposit, non-resident (40%)
- AED 1,260,000
- Monthly over 25 years at 3.7%
- AED 12,888
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →