1701, Iris Blue Tower
Sold prices and rental history: sold 3 times, last in May 2024, 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 1701, Iris Blue Tower
What is 1701 worth today?
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Source: Dubai Land Department. Updated 23 May 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,326 sqft
- Floor
- 17th of 28
- Parking
- P3-26
- Developer
- SHETH ESTATE (INTERNATIONAL)
- Completed
- 2008
- Service charge
- AED 32,800 /yr
- Last sold
- AED 2.6M · May 2024
- Building
- Iris Blue Tower
About 1701, Iris Blue Tower
1701 is a two-bedroom apartment of 1,326 sqft on the 17th floor of Iris Blue Tower, a 28-storey tower in Dubai Marina completed in 2008 by SHETH ESTATE (INTERNATIONAL). It last sold on 23 May 2024 for AED 2,600,000, or AED 1,961 per sqft, 25% above the AED 1,570 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 1 January 2020, is AED 127,000 a year: a gross yield of 4.9% on the 2024 price, before the service charge of about AED 32,800 a year.
Sales and rents for 1701 over time
1701 has sold 3 times; 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 1701 sits
All 86 2-beds →1701 last sold in May 2024 at AED 1,961 per sqft, 25% above what two-beds in Iris Blue Tower were fetching at the time (AED 1,570). 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. 1701's AED 127,000 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 17th floor
All 158 units in Iris Blue Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1702 | 2-bed | 1,326 sqft | AED 2MAED 2,000,000 · Oct 2012October 2012 | 185,000 /yr | |
| 1703 | 1-bed | 736 sqft | AED 1.25MAED 1,250,000 · May 2013May 2013 | ||
| 1704 | 2-bed | 1,371 sqft | AED 2.1MAED 2,100,000 · Nov 2017November 2017 | 96,000 /yr | |
| 1705 | 2-bed | 1,371 sqft | AED 2.37MAED 2,372,093 · Jun 2014June 2014 | 175,000 /yr | |
| 1706 | 1-bed | 736 sqft | AED 1.6MAED 1,600,000 · Apr 2017April 2017 |
1701, Iris Blue Tower in numbers
- Sold 3 times: first on 16 October 2014 for AED 2,680,410, last on 23 May 2024 for AED 2,600,000 (AED 1,961 per sqft).
- Rented since November 2013 on 6 Ejari contracts, from AED 155,000 to AED 127,000 a year.
- At AED 127,000 a year the gross yield on the 2024 price is 4.9%, 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 23 May 2024.
Questions about 1701, Iris Blue Tower
What did unit 1701 last sell for?
AED 2,600,000 on 23 May 2024: AED 1,961 per sqft for 1,326 sqft. The unit has 3 registered sales; the first was AED 2,680,410 in October 2014.
What is the rent for unit 1701?
AED 127,000 a year on the contract renewed on 1 January 2020. The previous contract, from July 2019, was AED 135,000; the unit has been rented since November 2013.
How big is unit 1701?
1,326 sqft (123.2 sqm): a two-bedroom apartment on the 17th floor of a 28-storey tower completed in 2008.
What is unit 1701 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 1701, Iris Blue Tower
Starts from the last sale price (AED 2.6M, 23 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,600,000
- Deposit, UAE resident (20%)
- AED 520,000
- Deposit, non-resident (40%)
- AED 1,040,000
- Monthly over 25 years at 3.7%
- AED 10,637
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →