1104, Iris Blue Tower
Sold prices and rental history: sold 3 times, last in March 2020, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1104, Iris Blue Tower
What is 1104 worth today?
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Source: Dubai Land Department. Updated 7 November 2022.
Key facts
- Type
- Apartment
- Size
- 1,371 sqft
- Floor
- 11th of 28
- Parking
- P3-19,20
- Developer
- SHETH ESTATE (INTERNATIONAL)
- Completed
- 2008
- Service charge
- AED 34,000 /yr
- Last sold
- AED 1.8M · March 2020
- Building
- Iris Blue Tower
About 1104, Iris Blue Tower
1104 is an apartment of 1,371 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 22 March 2020 for AED 1,800,000, or AED 1,312 per sqft.
It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 7 November 2022, is AED 120,000 a year: a gross yield of 6.7% on the 2020 price, before the service charge of about AED 34,000 a year.
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 | |
| 1103 | 1-bed | 736 sqft | AED 825KAED 825,000 · Mar 2021March 2021 | 90,000 /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 |
1104, Iris Blue Tower in numbers
- Sold 3 times: first on 19 July 2012 for AED 1,653,000, last on 22 March 2020 for AED 1,800,000 (AED 1,312 per sqft).
- Rented since March 2016 on 6 Ejari contracts, from AED 160,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2020 price is 6.7%, before a service charge of about AED 34,000 a year (AED 24.76 per sqft).
Source: Dubai Land Department. Updated 7 November 2022.
Questions about 1104, Iris Blue Tower
What did unit 1104 last sell for?
AED 1,800,000 on 22 March 2020: AED 1,312 per sqft for 1,371 sqft. The unit has 3 registered sales; the first was AED 1,653,000 in July 2012.
What is the rent for unit 1104?
AED 120,000 a year on the contract renewed on 7 November 2022. The previous contract, from November 2021, was AED 120,000; the unit has been rented since March 2016.
How big is unit 1104?
1,371 sqft (127.4 sqm): an apartment on the 11th floor of a 28-storey tower completed in 2008.
What is unit 1104 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 1104, Iris Blue Tower
Starts from the last sale price (AED 1.8M, 22 March 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,800,000
- Deposit, UAE resident (20%)
- AED 360,000
- Deposit, non-resident (40%)
- AED 720,000
- Monthly over 25 years at 3.7%
- AED 7,364
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →