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1-bed · 736 sqftIris Blue Tower, Dubai Marina · 7th floor · completed 2008

706, Iris Blue Tower

Sold prices and rental history: sold twice, last in May 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 29 May 2019
Last soldAED 1.08M29 May 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 706, Iris Blue Tower

What is 706 worth today?

Last sold for AED 1,080,000 in 2019

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29 May 2019SoldReady
AED 1,080,000AED 1,467 per sqft
8 Apr 2019Sold by developerReady
AED 888,243AED 1,206 per sqft

Source: Dubai Land Department. Updated 29 May 2019.

Key facts

Type
1-bed apartment
Size
736 sqft
Floor
7th of 28
Parking
P1-13
Developer
SHETH ESTATE (INTERNATIONAL)
Completed
2008
Service charge
AED 18,200 /yr
Last sold
AED 1.08M · May 2019
Building
Iris Blue Tower

About 706, Iris Blue Tower

706 is a one-bedroom apartment of 736 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 29 May 2019 for AED 1,080,000, or AED 1,467 per sqft, 8% above the AED 1,358 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 706 over time

Sales
Unit 706, 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 2019: AED 888,243 (AED 1,206 per sqft)Sold, May 2019: AED 1,080,000 (AED 1,467 per sqft)

706 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 706, each contractTypical one-bed in Iris Blue Tower
80K100K2013201720212025Typical 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 92,000

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 706 sits

All 48 1-beds →

706 last sold in May 2019 at AED 1,467 per sqft, 8% above what one-beds in Iris Blue Tower were fetching at the time (AED 1,358). 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.

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 7th floor

All 158 units in Iris Blue Tower
Value
7012-bedAED 2.3M · Jun 2016
7022-bedAED 1.65M · Feb 2021
7031-bedAED 29K · Jul 2026
7042-bedAED 3.15M · Oct 2025
7052-bedAED 2.3M · Mar 2018

706, Iris Blue Tower in numbers

  • Sold twice: first on 8 April 2019 for AED 888,243, last on 29 May 2019 for AED 1,080,000 (AED 1,467 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 May 2019.

Questions about 706, Iris Blue Tower

What did unit 706 last sell for?

AED 1,080,000 on 29 May 2019: AED 1,467 per sqft for 736 sqft. The unit has 2 registered sales; the first was AED 888,243 in April 2019.

How big is unit 706?

736 sqft (68.4 sqm): a one-bedroom apartment on the 7th floor of a 28-storey tower completed in 2008.

What is unit 706 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 706, Iris Blue Tower

Starts from the last sale price (AED 1.08M, 29 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,080,000
Deposit, UAE resident (20%)
AED 216,000
Deposit, non-resident (40%)
AED 432,000
Monthly over 25 years at 3.7%
AED 4,419

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