1003, Iris Blue Tower
Sold prices and rental history: sold twice, last in June 2016, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1003, Iris Blue Tower
What is 1003 worth today?
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Source: Dubai Land Department. Updated 20 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 736 sqft
- Floor
- 10th of 28
- Parking
- P1-19
- Developer
- SHETH ESTATE (INTERNATIONAL)
- Completed
- 2008
- Service charge
- AED 18,200 /yr
- Last sold
- AED 1.26M · June 2016
- Building
- Iris Blue Tower
About 1003, Iris Blue Tower
1003 is a one-bedroom apartment of 736 sqft on the 10th floor of Iris Blue Tower, a 28-storey tower in Dubai Marina completed in 2008 by SHETH ESTATE (INTERNATIONAL). It last sold on 15 June 2016 for AED 1,255,000, or AED 1,705 per sqft, in line with the AED 1,736 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 20 September 2024, is AED 76,072 a year: a gross yield of 6.1% on the 2016 price, before the service charge of about AED 18,200 a year.
Sales and rents for 1003 over time
1003 has sold twice; 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 1003 sits
All 47 1-beds →1003 last sold in June 2016 at AED 1,705 per sqft, in line with what one-beds in Iris Blue Tower were fetching at the time (AED 1,736). Over the last 12 months one-beds sold for AED 34,331, around AED 46 per sqft, and rent for AED 105,000 to 105,000 a year.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Jan 202614 January 2026 | 736 sqft | 34,331 | 46 | ||
| 23 Jun 202523 June 2025 | 736 sqft | 1,900,000 | 2,581 | ||
| 11 Jun 202511 June 2025 | 667 sqft | 2,000,000 | 3,000 | ||
| 17 Mar 202517 March 2025 | 736 sqft | 2,000,000 | 2,717 |
Iris Blue Tower
Building158 apartments, 1-bed to 3-bed over 28 floors in Dubai Marina, completed in 2008 by SHETH ESTATE (INTERNATIONAL). 4 sold in the last 12 months.
- Typical price per sqft
- AED 1,823
- Typical sale
- AED 2.5M
- Typical rent
- AED 170K /yr
- Typical yield
- 6.8%
Other units on the 10th floor
All 158 units in Iris Blue Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 2-bed | 1,326 sqft | AED 1.83MAED 1,825,000 · Feb 2015February 2015 | 120,000 /yr | |
| 1002 | 2-bed | 1,326 sqft | AED 2.2MAED 2,200,000 · Oct 2022October 2022 | 160,000 /yr | |
| 1004 | 2-bed | 1,371 sqft | AED 2.9MAED 2,900,000 · Aug 2024August 2024 | 91,176 /yr | |
| 1005 | 2-bed | 1,371 sqft | AED 1.43MAED 1,428,100 · Dec 2012December 2012 | 141,750 /yr | |
| 1006 | 1-bed | 736 sqft | AED 1.27MAED 1,268,000 · Oct 2021October 2021 | 120,000 /yr |
1003, Iris Blue Tower in numbers
- Sold twice: first on 5 June 2012 for AED 760,300, last on 15 June 2016 for AED 1,255,000 (AED 1,705 per sqft).
- Rented since January 2015 on 7 Ejari contracts. The rent fell from AED 105,000 to AED 59,800 in 2021 and recovered to AED 76,072 by September 2024.
- At AED 76,072 a year the gross yield on the 2016 price is 6.1%, 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 34,331–34,331 in the 12 months to November 2026; the building's median across all types is AED 1,823 per sqft.
Source: Dubai Land Department. Updated 20 September 2024.
Questions about 1003, Iris Blue Tower
What did unit 1003 last sell for?
AED 1,255,000 on 15 June 2016: AED 1,705 per sqft for 736 sqft. The unit has 2 registered sales; the first was AED 760,300 in June 2012.
What is the rent for unit 1003?
AED 76,072 a year on the contract renewed on 20 September 2024. The previous contract, from September 2023, was AED 66,150; the unit has been rented since January 2015.
How big is unit 1003?
736 sqft (68.4 sqm): a one-bedroom apartment on the 10th floor of a 28-storey tower completed in 2008.
What is unit 1003 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 34,331 to 34,331 in the last 12 months, around AED 46 per sqft.
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Mortgage on 1003, Iris Blue Tower
Starts from the last sale price (AED 1.26M, 15 June 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,255,000
- Deposit, UAE resident (20%)
- AED 251,000
- Deposit, non-resident (40%)
- AED 502,000
- Monthly over 25 years at 3.7%
- AED 5,135
Plus AED 57,720 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →