1702, Iris Blue Tower
Sold prices and rental history: sold twice, last in October 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1702, Iris Blue Tower
What is 1702 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 15 April 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,326 sqft
- Floor
- 17th of 28
- Parking
- P3-57
- Developer
- SHETH ESTATE (INTERNATIONAL)
- Completed
- 2008
- Service charge
- AED 32,800 /yr
- Last sold
- AED 2M · October 2012
- Building
- Iris Blue Tower
About 1702, Iris Blue Tower
1702 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 17 October 2012 for AED 2,000,000, or AED 1,508 per sqft, 7% above the AED 1,414 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 15 April 2025, is AED 185,000 a year: a gross yield of 9.3% on the 2012 price, before the service charge of about AED 32,800 a year.
Sales and rents for 1702 over time
1702 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 1702 sits
All 86 2-beds →1702 last sold in October 2012 at AED 1,508 per sqft, 7% above what two-beds in Iris Blue Tower were fetching at the time (AED 1,414). 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. 1702's AED 185,000 is in the lower half 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 | |||||
|---|---|---|---|---|---|
| 1701 | 2-bed | 1,326 sqft | AED 2.6MAED 2,600,000 · May 2024May 2024 | 127,000 /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 |
1702, Iris Blue Tower in numbers
- Sold twice: first on 20 July 2011 for AED 3,713,520, last on 17 October 2012 for AED 2,000,000 (AED 1,508 per sqft).
- Rented since September 2014 on 12 Ejari contracts. The rent fell from AED 170,000 to AED 110,000 in 2021 and recovered to AED 185,000 by April 2025.
- At AED 185,000 a year the gross yield on the 2012 price is 9.3%, 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 15 April 2025.
Questions about 1702, Iris Blue Tower
What did unit 1702 last sell for?
AED 2,000,000 on 17 October 2012: AED 1,508 per sqft for 1,326 sqft. The unit has 2 registered sales; the first was AED 3,713,520 in July 2011.
What is the rent for unit 1702?
AED 185,000 a year on the contract renewed on 15 April 2025. The previous contract, from April 2024, was AED 150,000; the unit has been rented since September 2014.
How big is unit 1702?
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 1702 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.
Selling 1702? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1702, Iris Blue Tower
Starts from the last sale price (AED 2M, 17 October 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →