1004, Iris Blue Tower
Sold prices and rental history: sold twice, last in August 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1004, Iris Blue Tower
What is 1004 worth today?
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Source: Dubai Land Department. Updated 16 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,371 sqft
- Floor
- 10th of 28
- Parking
- P3-15
- Developer
- SHETH ESTATE (INTERNATIONAL)
- Completed
- 2008
- Service charge
- AED 34,000 /yr
- Last sold
- AED 2.9M · August 2024
- Building
- Iris Blue Tower
About 1004, Iris Blue Tower
1004 is a two-bedroom apartment of 1,371 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 16 August 2024 for AED 2,900,000, or AED 2,114 per sqft, 35% above the AED 1,570 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 16 January 2022, is AED 91,176 a year: a gross yield of 3.1% on the 2024 price, before the service charge of about AED 34,000 a year.
Sales and rents for 1004 over time
1004 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 1004 sits
All 86 2-beds →1004 last sold in August 2024 at AED 2,114 per sqft, 35% above what two-beds in Iris Blue Tower were fetching at the time (AED 1,570). Over the last 12 months two-beds sold for AED 2,500,000, around AED 1,823 per sqft, and rent for AED 148,000 to 235,000 a year. 1004's AED 91,176 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Jan 20267 January 2026 | 1,371 sqft | 137,981 | 100 | ||
| 5 Jan 20265 January 2026 | 1,326 sqft | 91,762 | 69 | ||
| 17 Dec 202517 December 2025 | 1,371 sqft | 2,500,000 | 1,823 | ||
| 23 Jul 202523 July 2025 | 1,371 sqft | 2,850,000 | 2,078 |
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 | |
| 1003 | 1-bed | 736 sqft | AED 1.26MAED 1,255,000 · Jun 2016June 2016 | 76,072 /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 |
1004, Iris Blue Tower in numbers
- Sold twice: first on 20 January 2013 for AED 2,647,595, last on 16 August 2024 for AED 2,900,000 (AED 2,114 per sqft).
- Rented since January 2014 on 7 Ejari contracts, from AED 160,000 to AED 91,176 a year.
- At AED 91,176 a year the gross yield on the 2024 price is 3.1%, 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 2,500,000–2,500,000 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 16 August 2024.
Questions about 1004, Iris Blue Tower
What did unit 1004 last sell for?
AED 2,900,000 on 16 August 2024: AED 2,114 per sqft for 1,371 sqft. The unit has 2 registered sales; the first was AED 2,647,595 in January 2013.
What is the rent for unit 1004?
AED 91,176 a year on the contract renewed on 16 January 2022. The previous contract, from January 2021, was AED 90,000; the unit has been rented since January 2014.
How big is unit 1004?
1,371 sqft (127.4 sqm): a two-bedroom apartment on the 10th floor of a 28-storey tower completed in 2008.
What is unit 1004 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 2,500,000 to 2,500,000 in the last 12 months, around AED 1,823 per sqft.
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Mortgage on 1004, Iris Blue Tower
Starts from the last sale price (AED 2.9M, 16 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,900,000
- Deposit, UAE resident (20%)
- AED 580,000
- Deposit, non-resident (40%)
- AED 1,160,000
- Monthly over 25 years at 3.7%
- AED 11,865
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →