1601, Iris Blue Tower
Sold prices and rental history: sold twice, last in March 2011, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1601, Iris Blue Tower
What is 1601 worth today?
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Source: Dubai Land Department. Updated 10 October 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,326 sqft
- Floor
- 16th of 28
- Parking
- P1-36,37
- Developer
- SHETH ESTATE (INTERNATIONAL)
- Completed
- 2008
- Service charge
- AED 32,800 /yr
- Last sold
- AED 1.53M · March 2011
- Building
- Iris Blue Tower
About 1601, Iris Blue Tower
1601 is a two-bedroom apartment of 1,326 sqft on the 16th floor of Iris Blue Tower, a 28-storey tower in Dubai Marina completed in 2008 by SHETH ESTATE (INTERNATIONAL). The developer sold it on 15 March 2011 for AED 1,525,500, or AED 1,150 per sqft, 13% below the AED 1,327 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 14 Ejari contracts. The current contract, renewed on 10 October 2025, is AED 133,100 a year: a gross yield of 8.7% on the 2011 price, before the service charge of about AED 32,800 a year.
Sales and rents for 1601 over time
1601 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 1601 sits
All 86 2-beds →1601 last sold in March 2011 at AED 1,150 per sqft, 13% below what two-beds in Iris Blue Tower were fetching at the time (AED 1,327). 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. 1601's AED 133,100 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 16th floor
All 158 units in Iris Blue Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1602 | 2-bed | 1,326 sqft | AED 2MAED 1,996,000 · Mar 2018March 2018 | 169,412 /yr | |
| 1603 | 1-bed | 736 sqft | AED 1MAED 1,004,663 · Feb 2013February 2013 | ||
| 1604 | 2-bed | 1,371 sqft | AED 2.1MAED 2,100,000 · May 2023May 2023 | 90,000 /yr | |
| 1605 | 2-bed | 1,371 sqft | AED 2MAED 1,996,000 · Mar 2018March 2018 | 110,000 /yr | |
| 1606 | 1-bed | 736 sqft | AED 731KAED 730,790 · Sep 2011September 2011 |
1601, Iris Blue Tower in numbers
- Sold twice: first on 15 March 2011 for AED 1,880,000, last on 15 March 2011 for AED 1,525,500 (AED 1,150 per sqft).
- Rented since November 2012 on 14 Ejari contracts. The rent fell from AED 140,000 to AED 105,000 in 2021 and recovered to AED 133,100 by October 2025.
- At AED 133,100 a year the gross yield on the 2011 price is 8.7%, before a service charge of about AED 32,800 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 10 October 2025.
Questions about 1601, Iris Blue Tower
What did unit 1601 last sell for?
AED 1,525,500 on 15 March 2011, sold by the developer: AED 1,150 per sqft for 1,326 sqft. The unit has 2 registered sales; the first was AED 1,880,000 in March 2011.
What is the rent for unit 1601?
AED 133,100 a year on the contract renewed on 10 October 2025. The previous contract, from October 2024, was AED 121,000; the unit has been rented since November 2012.
How big is unit 1601?
1,326 sqft (123.2 sqm): a two-bedroom apartment on the 16th floor of a 28-storey tower completed in 2008.
What is unit 1601 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 1601, Iris Blue Tower
Starts from the last sale price (AED 1.53M, 15 March 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,525,500
- Deposit, UAE resident (20%)
- AED 305,100
- Deposit, non-resident (40%)
- AED 610,200
- Monthly over 25 years at 3.7%
- AED 6,241
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →