1103, Iris Blue Tower
Sold prices and rental history: sold 3 times, last in March 2021, 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 1103, Iris Blue Tower
What is 1103 worth today?
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Source: Dubai Land Department. Updated 22 January 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 736 sqft
- Floor
- 11th of 28
- Parking
- P3-18
- Developer
- SHETH ESTATE (INTERNATIONAL)
- Completed
- 2008
- Service charge
- AED 18,200 /yr
- Last sold
- AED 825K · March 2021
- Building
- Iris Blue Tower
About 1103, Iris Blue Tower
1103 is a one-bedroom apartment of 736 sqft on the 11th floor of Iris Blue Tower, a 28-storey tower in Dubai Marina completed in 2008 by SHETH ESTATE (INTERNATIONAL). It last sold on 4 March 2021 for AED 825,000, or AED 1,120 per sqft, in line with the AED 1,120 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 22 January 2024, is AED 90,000 a year: a gross yield of 10.9% on the 2021 price, before the service charge of about AED 18,200 a year.
Sales and rents for 1103 over time
1103 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 1103 sits
All 47 1-beds →1103 last sold in March 2021 at AED 1,120 per sqft, in line with what one-beds in Iris Blue Tower were fetching at the time (AED 1,120). 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 11th floor
All 158 units in Iris Blue Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | 2-bed | 1,326 sqft | AED 2.19MAED 2,185,274 · Apr 2017April 2017 | 155,000 /yr | |
| 1102 | 2-bed | 1,326 sqft | AED 1.55MAED 1,547,300 · Jul 2013July 2013 | 126,000 /yr | |
| 1104 | 1,371 sqft | AED 1.8MAED 1,800,000 · Mar 2020March 2020 | 120,000 /yr | ||
| 1105 | 2-bed | 1,371 sqft | AED 1.9MAED 1,900,000 · Feb 2024February 2024 | 120,000 /yr | |
| 1106 | 1-bed | 736 sqft | AED 1.5MAED 1,500,000 · Apr 2023April 2023 | 75,000 /yr |
1103, Iris Blue Tower in numbers
- Sold 3 times: first on 14 July 2015 for AED 829,500, last on 4 March 2021 for AED 825,000 (AED 1,120 per sqft).
- Rented since June 2015 on 7 Ejari contracts. The rent fell from AED 100,000 to AED 60,000 in 2021 and recovered to AED 90,000 by January 2024.
- At AED 90,000 a year the gross yield on the 2021 price is 10.9%, 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 22 January 2024.
Questions about 1103, Iris Blue Tower
What did unit 1103 last sell for?
AED 825,000 on 4 March 2021: AED 1,120 per sqft for 736 sqft. The unit has 3 registered sales; the first was AED 829,500 in July 2015.
What is the rent for unit 1103?
AED 90,000 a year on the contract signed on 22 January 2024. The previous contract, from April 2023, was AED 70,000; the unit has been rented since June 2015.
How big is unit 1103?
736 sqft (68.4 sqm): a one-bedroom apartment on the 11th floor of a 28-storey tower completed in 2008.
What is unit 1103 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 1103, Iris Blue Tower
Starts from the last sale price (AED 825K, 4 March 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 825,000
- Deposit, UAE resident (20%)
- AED 165,000
- Deposit, non-resident (40%)
- AED 330,000
- Monthly over 25 years at 3.7%
- AED 3,375
Plus AED 39,660 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →