
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.
Property timeline for 1502, Iris Blue Tower
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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
- Building
- Iris Blue Tower
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
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 15th floor
All 158 units in Iris Blue Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 1,326 sqft | AED 2.95MAED 2,950,000 · Apr 2025April 2025 | 195,000 /yr | |
| 1503 | 1-bed | 368 sqft | AED 840KAED 840,200 · Nov 2014November 2014 | 105,000 /yr | |
| 1504 | 2-bed | 1,371 sqft | AED 2.18MAED 2,175,305 · Apr 2012April 2012 | ||
| 1505 | 2-bed | 1,371 sqft | AED 2.02MAED 2,015,000 · May 2018May 2018 | 165,000 /yr | |
| 1506 | 1-bed | 736 sqft | AED 849KAED 848,500 · Apr 2011April 2011 | 79,695 /yr |
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 →