1,326 sqftIris Blue Tower, Dubai Marina · 15th floor · completed 2008

1502, Iris Blue Tower

Sold prices and rental history: sold twice, last in August 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1502 · DLD and Ejari recordsUpdated 11 August 2025
Last soldAED 2.94M11 August 2025
Current rentAED 165K /yr24 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1502, Iris Blue Tower

What is 1502 worth today?

Last sold for AED 2,935,000 in 2025

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11 Aug 2025SoldReady
AED 2,935,000AED 2,214 per sqft
24 Jul 2025RentedNew contract
AED 165,000/yr12 months · AED 125 per sqft
1 Jul 2024RentedRenewal
AED 170,000/yr12 months · AED 128 per sqft
1 Jul 2023RentedRenewal
AED 150,000/yr12 months · AED 113 per sqft
1 Jul 2022RentedRenewal
AED 127,000/yr12 months · AED 96 per sqft
1 Jul 2021RentedNew contract
AED 115,000/yr12 months · AED 87 per sqft
15 Jun 2020RentedNew contract
AED 105,000/yr12 months · AED 79 per sqft
27 Apr 2019RentedNew contract
AED 130,000/yr13 months · AED 98 per sqft

Source: Dubai Land Department. Updated 11 August 2025.

Key facts

Type
Apartment
Size
1,326 sqft
Floor
15th of 28
Parking
P3-24
Developer
SHETH ESTATE (INTERNATIONAL)
Completed
2008
Service charge
AED 32,800 /yr
Last sold
AED 2.94M · August 2025

About 1502, Iris Blue Tower

1502 is an apartment of 1,326 sqft on the 15th floor of Iris Blue Tower, a 28-storey tower in Dubai Marina completed in 2008 by SHETH ESTATE (INTERNATIONAL). It last sold on 11 August 2025 for AED 2,935,000, or AED 2,214 per sqft.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 24 July 2025, is AED 165,000 a year: a gross yield of 5.6% on the 2025 price, before the service charge of about AED 32,800 a year.

Iris Blue Tower

Building

158 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%
Iris Blue Tower, Dubai Marina: prices, sales and rents →

Other units on the 15th floor

All 158 units in Iris Blue Tower
Value
15012-bedAED 2.95M · Apr 2025
15031-bedAED 840K · Nov 2014
15042-bedAED 2.18M · Apr 2012
15052-bedAED 2.02M · May 2018
15061-bedAED 849K · Apr 2011

1502, Iris Blue Tower in numbers

  • Sold twice: first on 28 January 2013 for AED 2,680,410, last on 11 August 2025 for AED 2,935,000 (AED 2,214 per sqft).
  • Rented since November 2013 on 11 Ejari contracts. The rent fell from AED 180,000 to AED 105,000 in 2020 and recovered to AED 165,000 by July 2025.
  • At AED 165,000 a year the gross yield on the 2025 price is 5.6%, before a service charge of about AED 32,800 a year (AED 24.76 per sqft).

Source: Dubai Land Department. Updated 11 August 2025.

Questions about 1502, Iris Blue Tower

What did unit 1502 last sell for?

AED 2,935,000 on 11 August 2025: AED 2,214 per sqft for 1,326 sqft. The unit has 2 registered sales; the first was AED 2,680,410 in January 2013.

What is the rent for unit 1502?

AED 165,000 a year on the contract signed on 24 July 2025. The previous contract, from July 2024, was AED 170,000; the unit has been rented since November 2013.

How big is unit 1502?

1,326 sqft (123.2 sqm): an apartment on the 15th floor of a 28-storey tower completed in 2008.

What is unit 1502 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 1502, Iris Blue Tower

Starts from the last sale price (AED 2.94M, 11 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,935,000
Deposit, UAE resident (20%)
AED 587,000
Deposit, non-resident (40%)
AED 1,174,000
Monthly over 25 years at 3.7%
AED 12,008

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →