903, Iris Blue Tower
Sold prices and rental history: sold 3 times, last in August 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 903, Iris Blue Tower
What is 903 worth today?
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Source: Dubai Land Department. Updated 30 June 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 736 sqft
- Floor
- 9th of 28
- Parking
- P2-13
- Developer
- SHETH ESTATE (INTERNATIONAL)
- Completed
- 2008
- Service charge
- AED 18,200 /yr
- Last sold
- AED 1.35M · August 2016
- Building
- Iris Blue Tower
About 903, Iris Blue Tower
903 is a one-bedroom apartment of 736 sqft on the 9th floor of Iris Blue Tower, a 28-storey tower in Dubai Marina completed in 2008 by SHETH ESTATE (INTERNATIONAL). It last sold on 28 August 2016 for AED 1,350,000, or AED 1,834 per sqft, in line with the AED 1,783 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 30 June 2024, is AED 95,787 a year: a gross yield of 7.1% on the 2016 price, before the service charge of about AED 18,200 a year.
Sales and rents for 903 over time
903 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 903 sits
All 48 1-beds →903 last sold in August 2016 at AED 1,834 per sqft, in line with what one-beds in Iris Blue Tower were fetching at the time (AED 1,783). 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. 903's AED 95,787 is in the lower half 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 9th floor
All 158 units in Iris Blue Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 901 | 2-bed | 1,326 sqft | AED 1.9MAED 1,900,000 · Dec 2012December 2012 | 140,000 /yr | |
| 902 | 2-bed | 1,326 sqft | AED 1.66MAED 1,658,706 · May 2011May 2011 | ||
| 904 | 2-bed | 1,371 sqft | AED 2.08MAED 2,079,000 · Nov 2022November 2022 | 140,000 /yr | |
| 905 | 2-bed | 1,371 sqft | AED 1.8MAED 1,800,000 · May 2011May 2011 | 150,000 /yr | |
| 906 | 1-bed | 736 sqft | AED 1MAED 1,000,000 · Apr 2012April 2012 | 100,800 /yr |
903, Iris Blue Tower in numbers
- Sold 3 times: first on 24 April 2011 for AED 983,925, last on 28 August 2016 for AED 1,350,000 (AED 1,834 per sqft).
- Rented since January 2018 on 5 Ejari contracts. The rent fell from AED 104,000 to AED 53,000 in 2020 and recovered to AED 95,787 by June 2024.
- At AED 95,787 a year the gross yield on the 2016 price is 7.1%, 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 30 June 2024.
Questions about 903, Iris Blue Tower
What did unit 903 last sell for?
AED 1,350,000 on 28 August 2016: AED 1,834 per sqft for 736 sqft. The unit has 3 registered sales; the first was AED 983,925 in April 2011.
What is the rent for unit 903?
AED 95,787 a year on the contract signed on 30 June 2024. The previous contract, from November 2020, was AED 53,000; the unit has been rented since January 2018.
How big is unit 903?
736 sqft (68.4 sqm): a one-bedroom apartment on the 9th floor of a 28-storey tower completed in 2008.
What is unit 903 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 903, Iris Blue Tower
Starts from the last sale price (AED 1.35M, 28 August 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,350,000
- Deposit, UAE resident (20%)
- AED 270,000
- Deposit, non-resident (40%)
- AED 540,000
- Monthly over 25 years at 3.7%
- AED 5,523
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →